Argentina · Country watch
Argentina's Inflation Concerns; Economic Activity Stagnant
President Milei addresses slow inflation drop; economic activity remains weak as country risk exceeds 700 points.
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In this briefing Lugones · Argentina · EMAE · Javier Milei
Regulation
Nothing significant reported today.
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Argentina distributes over 20 million vaccines
Argentina's Minister of Health, Lugones, announced the distribution of more than 20 million vaccines, according to Cronica. The announcement also highlighted ongoing efforts in dengue prevention and epidemiological surveillance. These initiatives are part of the government's broader health strategy, which includes advancements in organ donation and hospital care.
Impact Pharmaceutical suppliers and healthcare providers benefit from increased vaccine distribution and enhanced public health measures.
Sources: Cronica ↗
Companies
Nothing significant reported today.
Markets
Argentina's country risk surpasses 700 points again
Argentina's country risk has once again exceeded 700 points, according to El Economista. Despite a moderation in inflation and successful debt refinancing by the Treasury, economic activity remains stagnant. The EMAE index showed minimal growth, and sales continue to be weak. Global market pressures are also contributing to the challenging economic environment.
Impact Lenders and investors face heightened risk as Argentina's country risk remains elevated, affecting confidence and investment decisions.
Sources: El Economista ↗
Trade
Nothing significant reported today.
Politics
President Milei comments on slow inflation reduction
President Javier Milei acknowledged the slow pace of inflation reduction in Argentina during a radio interview on Radio Mitre, as reported by El dia. He expressed support for his ministers and addressed national economic policies. Milei also criticized Spanish Prime Minister Pedro Sánchez, emphasizing his focus on Argentina's economic challenges rather than international optics.
Impact Importers and retailers dealing with inflationary pressures may see prolonged challenges as the government acknowledges slow progress in reducing inflation.
Sources: El dia ↗
Also today in Argentina
- Francia vuelve a las calles: gases lacrimógenos, protestas y un fuerte despliegue policial — La Gaceta
- A un año de la elección: el rechazo a Milei es alto, pero sigue unos puntos arriba en intención de voto — Clarin
- A 41 años del estado de sitio de Alfonsín: cuando el poder agota recursos contra la protesta social — La Izquierda Diario
- Italia evalúa aumentar impuestos a las empresas energéticas ante el alza de los costos y las protestas — La Derecha Diario
- EN VIVO | Miles de personas vuelven a marchar en París y otras ciudades de Francia en medio de un fuerte operativo de seguridad — Infobae
- Crisis automotriz: Stellantis frenará la producción durante siete semanas en Córdoba — La Gaceta
- Italia vigila posibles manifestaciones tras los disturbios de la semana pasada — Infobae
- El presidente de Nigeria inicia la campaña para su reelección frente a la crisis económica — Infobae
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
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