• Argentine government decrees intervention in power company

    Argentina's government decreed a 180-day intervention in the electricity company Edesur. After several power cuts in the Buenos Aires capital region, Economy Minister Sergio Massa appointed Jorge Ferraresi as the company's controller for six months. The current mayor of Avellaneda is a politician linked to Alberto Fernández's government, having served ...

  • OECD reduced to 0.1% growth projection for Argentina’s economy

    The Organization for Economic Co-operation and Development (OECD) reduced to 0.1 percent its growth projection for the Argentine economy for 2023. According to its most recent report on global economic prospects yesterday, Friday, it warned about the effects of inflation in this country. 0.4 percentage points reduced the new estimate ...

  • Industricide in Argentina

    The dynamics of the manufacturing industry relapsed month after month since the assumption of Sergio Massa as Minister of Economy and José de Mendiguren in Production. The closing of imports makes it increasingly difficult to acquire the necessary inputs to sustain the level of activity. Industrial production continues to set ...

  • Argentina: a recession is looming

    The activity index of the consulting firm OJF & Asociados suffered the most significant drop in the last 12 months. The economy has remained in free fall since August last year, as officially confirmed by INDEC, and the recession is becoming increasingly difficult to circumvent. The program launched by Minister ...