Argentina's beleaguered economy is set to rebound in 2025 after two years of recession as the government tries to spark a private sector-driven recovery with...
A greengrocer counts Argentine peso bills at a local market,as Argentina is due to release consumer inflation data for April, in Buenos AiresBUENOS AIRES - Argentina 's beleaguered economy is set to rebound in 2025 after two years of recession as the government tries to spark a private sector-driven recovery with its "chainsaw" plan to shrink the size of the state, a Reuters poll showed.
"We expect the economy to begin to expand sequentially in the last quarter of the year and to keep doing so in 2025 led by a recomposition of private consumption, with stable public spending," said Juan Barboza, head of research at Grupo Mariva. Energy investments could reach up to $15 billion in 2025 and $16.5 billion in 2026, due in part to a deregulation push that should facilitate exports and give companies more access to hard currency, a government official said last month.
Local markets have been on a roll, with the country's sovereign risk index falling to its lowest level since a major debt restructuring in 2020 amid rising confidence in tough cost-cutting measures. But some investors think Milei should eventually honour his campaign promises of removing the state's hand from financial matters altogether and allow the local currency to trade more freely in a single market.
World Rugby wants to clamp down on players blocking team-mates catching high balls after issuing a series of desired objectives to referees and coaches ahead of the November Tests.NEW YORK, October 22, 2024--MediaWallah today announced that it has been recognized as an Identity & Onboarding One to Watch in the Modern Marketing Data Stack 2025: How Leading Marketers Are Thriving In a World Redefined By AI, Privacy and Data Gravity executed and launched by Snowflake, the AI Data Cloud company.
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