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Analysis by Daniel Fernández Canedo. Argentines had few pesos in their pockets, now they decide to have less

2023-06-01T19:02:24.126Z

Highlights: Consumers choose to advance purchases of basic necessities. April's inflation climbed to 8.4% and year-on-year inflation is the highest in 30 years. Customs raided 20 banks and financial institutions to disarm a "roller" with the official dollar. Sergio Massa pointed out against the dollarization promoted by Javier Milei: "How much market will they be able to sustain with salaries of 100 dollars" The economy minister criticized one of the main proposals of the candidate of La Libertad Avanza: "Two models are confronted: that of development or that of financial speculation"


Consumers choose to advance purchases of basic necessities.


Consumers choose to advance purchases of basic necessities.

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Wed 31.05.2023

Analysis by Daniel Fernández Canedo. Argentines had few pesos in their pockets, now they decide to have less

Consumers choose to advance purchases of basic necessities.

Mon 22.05.2023

Rafael Correa warned about the consequences of dollarization: "The remedy is more expensive than the disease"

In an interview with Martín Guzmán, the former president of Ecuador explained the "side effects" of the model proposed by Javier Milei and that had been implemented in his country before the beginning of his term.

Fri 19.05.2023

Manuel Belgrano Scholarships 2023: the results and what is the amount to collect

This Friday 19/5, the Ministry of Education will publish the results, and so the applicants for the Manuel Belgrano 2023 Scholarships will be able to review if they were selected.

Fri 19.05.2023

Sergio Massa pointed out against the dollarization promoted by Javier Milei: "How much market will they be able to sustain with salaries of 100 dollars"

The economy minister criticized one of the main proposals of the candidate of La Libertad Avanza, and said that in the next elections "two models are confronted: that of development or that of financial speculation."

Wed 17.05.2023

The consequences of inflation. Analysis by Daniel Fernández Canedo

With May's inflation at stake, the government can only lower the blue dollar. The analysis of Daniel Fernández Canedo.

Sun 14.05.2023

The measures of the Ministry of Economy to contain inflation

The package of measures was defined yesterday in a wide, all-day meeting of the economic team.

Sat 13.05.2023

Matias Kulfas: "Officials who answered to the vice president controlled 50% of the budget"

The former official of the Government of Alberto Fernández stressed the influence of the internal policies of the ruling coalition on the economy, and said that within Peronism a stabilization plan is thought of as something bad.


Fri 12.05.2023

April's inflation climbed to 8.4% and year-on-year inflation is the highest in 30 years

Inflation in April was 8.4%. The year-on-year variation totaled 108.8%.

Wed 10.05.2023

Retirement. The government announced a 21% increase in June

The head of ANSES, Fernanda Raverta, along with Sergio Massa, announced a three-month reinforcement bonus.

Tue 09.05.2023

The Customs raided 20 banks and financial institutions to disarm a "roller" with the official dollar

Guillermo Michel, Director General of Customs, indicated that they will ask "to investigate each of the folders that the companies presented to the banks to request the transfer abroad, the crossing of calls of each branch manager and the assets of the employees of the banks who participated in the operations."

Wed 26.04.2023

The Government enables imports in yuan to decompress the dollar

The measure estimates to generate US$ 700 million a month that will go to the BCRA's reserves.

Tue 25.04.2023

Dollar climb. What are the consequences and why of the rise of the currency

Daniel Fernández Canedo and Eduardo van der Kooy talk about the new rise of the dollar, the role of Cristina Kirchner and Sergio Massa and how the escalation of the currency affects the relationship with the IMF.

Wed 19.04.2023

Can the Argentine economy be dollarized?

A sector of the opposition insists on the idea of dollarizing the economy. Abandoning the peso and taking the US dollar as the reference currency would imply immediate changes in the lives of Argentines. For many, the recipe is not viable at this time in our country.

Source: clarin

All business articles on 2023-06-01

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