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Milei’s Mid-Year Plan for Dollar Liberation in Argentina
Unlocking a free dollar exchange rate in Argentina is akin to Hercules’ legendary tasks, according to President Javier Milei. Milei proposes a $15 billion injection into the Central Bank to lift currency controls, aiming for mid-year achievement. Milei suggests early liberation from controls if provided the necessary funds, highlighting economic recovery through inflation control and […]
Argentina will not join the BRICS group; Alberto Fernandez has renounced participation in the summit
Alberto Fernández, Argentina’s President, has opted not to attend the XV Summit of BRICS, a coalition of emerging economies including Brazil, Russia, India, China, and South Africa. Official sources confirmed on Monday that Argentina’s integration into the BRICS group is not on the horizon. Group expansion was anticipated to be a key discussion point at […]
Maduro Slams ExxonMobil’s Esequibo Influence
ExxonMobil is partaking in oil extraction in the disputed Esequibo area. Brian Nichols, U.S. Undersecretary, supported Guyana’s right to develop this region. This support refers to 14 oil blocks up for bid in the disputed zone. ExxonMobil has submitted a bid for these blocks. Nichols criticized Venezuela’s challenge to Guyana’s claim. He urged Caracas to […]