argentina

In a significant policy victory, Argentina President Javier Milei has managed to prevent an attempt to increase pension spending as the opposition’s efforts to override his veto fell short of the necessary votes. What Happened: The lower house of the Argentina Congress voted 153-87 in favor...

La Rioja, an Argentine province, has introduced its own quasi-currency, the Debt Cancellation Bond (BOCADE), or “chachos.” This move is a reaction to the economic crisis sparked by President Javier Milei’s austerity measures. What Happened: La Rioja’s “chachos”...

Argentina’s Senate has given the green light to an increase in pension spending, potentially derailing President Javier Milei’s budget-balancing efforts. What Happened: As per a Financial Times report Thursday, the Senate cast a 61-8 vote in favor of a new formula for pension...

Online Latin America commerce and payments company Mercado Libre (NASDAQ:MELI) reported second-quarter financial results after market close Thursday. Here are the highlights. What Happened: Mercado Libre reported net revenue of $5.07 billion in the second quarter, up 42% year-over-year. The revenue...

In a recent address to the farming community, Argentine President Javier Milei reiterated his commitment to abolishing export taxes. However, the farming sector, a key pillar of the Argentine economy, is growing increasingly frustrated with the slow pace of change under Milei’s leadership....

Canadian rapper Drake is backing his home country with a large bet in the 2024 Copa America tournament. The bet comes with Drake's Team Canada a heavy underdog against Lionel Messi and Argentina. What Happened: No stranger to betting on sports, Drake has placed a $300,000 wager in Bitcoin (CRYPTO:...

Argentinian President Javier Milei recently reaffirmed his support for Bitcoin and other digital currencies, advocating for a free market approach. In a recent X post, Milei responded positively to cryptocurrency analyst Gabor Gurbacs’ comment, “There will be a free competition of...

The 2024 Copa América tournament kicks off June 20 with 16 countries from North America and South America competing to win a key international trophy in what could be the last major international competition for soccer superstar Lionel Messi. How to Watch 2024 Copa América: Fox Corp (NASDAQ:FOX)(...

Argentinian President Javier Milei recently expressed his support for the free competition of currencies, including Bitcoin (CRYPTO: BTC), in an X post Wednesday. What Happened: Milei, known for his pro-Bitcoin stance, was responding to a pleasantry by Gabor Gurbacs–a cryptocurrency analyst...

Argentina’s Senate narrowly passed pro-Bitcoin President Javier Milei‘s sweeping economic reform bill on Wednesday. What Happened: The bill passed with a 37 to 36 vote, with Vice President Victoria Villarruel casting the deciding vote, CNBC reported. The reform bill, a key part of Milei...

In a strategic move to bolster Argentina’s economic prospects, President Javier Milei is embarking on a significant visit to California. The agenda includes high-profile meetings with tech industry leaders, aiming to draw attention to Argentina’s tech sector and the president’s...

Officials from Argentina and El Salvador have held discussions about Bitcoin (CRYPTO: BTC) adoption, focusing on El Salvador’s pioneering experience as the first country to adopt Bitcoin as legal tender in 2021. What Happened: Roberto E. Silva and Patricia Boedo, president and vice president...

Soccer superstar Lionel Messi is one of the most well-known sports figures around the world and can have an influence on the growth of soccer teams, soccer leagues and companies broadcasting the games. A key piece of Messi memorabilia recently sold for almost $1 million. Here's the story. What...

Argentina is experiencing its second nationwide transport strike since President Javier Milei took office in December. The strike, which has disrupted the operations of trains, subways, and several bus lines, is seen as a significant challenge to Milei’s administration. What Happened: The 24-...

Following a recent trip to Buenos Aires, America’s “Iron Man” Elon Musk said investors should put money to work in Argentina. Is he right? For starters, the market looks to be in a risk-on moment. Argentina is pretty risky, so the risk-on trend is Argentina’s friend. Global...