The United States economy is showing signs of deceleration. However, the stock markets brought about an extremely positive January and a solid February.
This year began better than expected for the Argentine economy but the release of January’s inflation figure in mid-February, which was higher than expected (2.9% m/m, while the market was expecting 2.5%), meant a turning point.
The primaries will take place on August 13th, and the big news is that Cristina Kirchner will run for senator in the province of Buenos Aires.
The new administration is moving very quickly to establish a new policy regime that addresses the main obstacles that have been affecting investing and growth.
The IMF closed a new deal with Argentina, adding USD 6.0 billion to the existing stand-by credit, now totaling USD 56.3 billion.