argentina

From Argentina’s currency debates to China’s real estate crisis, the global economic landscape has been rife with developments. Here’s a snapshot of the top stories that shaped the financial world this week. Argentina’s Currency ControversyArgentina’s pro-Libertarian...

The pro-Libertarian presidential frontrunner of Argentina Javier Milei wants to do away with the peso for “dollarization.” But economist Paul Krugman has a different take. Milei believes dollarization is essential to tackle the 113% inflation rate. Economist Emilio Ocampo, an adviser to...

Bitcoin (CRYPTO: BTC) achieved a groundbreaking record in Argentina, with its value surpassing the 10 million Argentinian pesos mark. This significant milestone came against the backdrop of Argentina's ongoing economic challenges, with experts who highlighted the cryptocurrency...

Despite the initial turbulence, Argentina’s financial markets appeared to be bouncing back following a surprise primary election result favoring right-wing populist Javier Milei, Reuters reports. The primary elections, considered a precursor to the October general election, saw Milei emerge...

Pro-dollarization and pro-Bitcoin presidential candidate Javier Milei’s unexpected lead in the country’s primary elections has put the Argentine market in a state of uncertainty, reports CNBC. "The market did not expect these numbers from Milei. I think the government will have to be...

Worldcoin, a cryptocurrency initiative known for its iris-scanning feature, introduced a new option allowing unverified users to reserve their Worldcoin (CRYPTO: WLD) tokens. What Happened: On Aug. 11, Worldcoin revealed that its World App incorporated a reservation function,...

The BRICS alliance, an association of the five major emerging economies of Brazil, Russia, India, China, and South Africa, is witnessing an increasing number of nations showing interest in joining its ranks. The surge in interest corresponds with an increasing number of countries...

The U.S. stock market wasn’t the only one to rally in 2023, and many U.S.-based investors would have found it beneficial to diversify their portfolios with global stocks and ETFs from roaring emerging market economies. Venturing thousands of miles south of the American continent and crossing...

The trade volume between the Russian ruble and Tether (CRYPTO: USDT) saw a significant increase over the weekend, nearly quadrupling from $4 million Saturday to $15 million Sunday, as per data from crypto analytics firm CCData. What Happened: This surge coincided with the capture of...

Pop diva Taylor Swift is on her Eras Tour, which kicked off at the State Farm Stadium near Phoenix earlier in March.  While Swift's tickets may come with a hefty price tag in the U.S., an intriguing turn of events in Argentina is about to transform highly sought-after...

Javier Milei, a Bitcoin (CRYPTO: BTC) advocate and presidential candidate in Argentina, made a national TV appearance where he smashed a model of Argentina's Central Bank.  What Happened: Milei appeared on the official TV Channel of the City of Buenos Aires on Tuesday where he was blindfolded...

I found myself in Argentina this April for the first time in over 10 years, stepping into a mess that felt very familiar — high inflation, capital controls and nearly worthless cash that was weirdly hard to find. The country has all the right ingredients to become the crypto paradise that...

Argentine low-cost airline Flybondi made a move into the blockchain space by issuing its e-tickets as non-fungible tokens (NFTs). This new integration, called Ticket 3.0, is a continuation of Flybondi's partnership with NFT ticketing company, TravelX, which was established...

Nobel laureate and noted economist Paul Krugman has poured cold water on the concept of a shared currency between Brazil and Argentina, calling it a "terrible idea." What Happened: Krugman on Sunday shared a Financial Times article about economists questioning the South...

Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez have reportedly said the two countries aim for greater economic integration that includes the development of a common currency. "We intend to overcome the barriers to our exchanges,...