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But why? Argentines can already use their pesos to buy as many dollars as they want via MEP as simply as logging into their online banking app. The MEP (1048) is now roughly the same as the official (1035). Lifting the CEPO won't suddenly create a stampede to buy "cheap" dollars that does not...

Not quite. In my country the law does not really discriminate between citizens or foreign residents in terms of access to these kinds of things other than for foreigners needing to be a resident (and thus tax payer) for a certain amount of time prior to having access to them in most (but not...

You're spot on, it would be more sustainable than the 1.150.000 Argentines who today pay any kind of income tax versus the 45.000.000ish that don't.

Enough to pay a minimum tax rate on my minimum wage part-time job - which I would consider my fair share for free university education and healthcare that I enjoyed in my country at the time.

I would rather see a policy that simply says if you pay your fair and entire share of taxes in Argentina on your global income and assets, you will have "free" access to these public services. If you don't pay, you don't get them for "free". Health care and education like any service that...

https://www.infobae.com/economia/2024/12/03/argentina-es-cara-o-barata-en-que-productos-y-servicios-los-precios-locales-son-mas-altos-que-en-resto-del-mundo/ A reality check to understand the general cost of living in Argentina in November 2024 within a regional context.

Can only assume that the "hyper-pollution" they are referring to is in the form of dog-sh!t smooshed into the pavement throughout the city at levels seen in few other places in the world. And perhaps the noise in many areas of the city. … aside of course from the slum areas outside the city...

This kind of nonsense of making issues out of non-issues will be what ends LLAA winning streak, sooner than later. Explaining that the "no" vote is somehow an elaborate protest against the UN/ "supranational government" takes too much brain work/ reading to understand for the majority of people...

https://tableros.yvera.tur.ar/internacional.html#:~:text=En%20el%20total%20del%20a%C3%B1o,en%20relaci%C3%B3n%20al%20a%C3%B1o%20anterior).&text=Var%20%25%20i.a.&text=Var%20%25%20i.a.,-Viajes%20de%20turistas&text=Var%20absoluta%20i.a. Here are the latest stats... Accumulated inbound tourism...

https://www.infobae.com/politica/2024/11/08/durante-una-visita-relampago-a-mar-a-lago-milei-se-reunira-con-trump-y-expondra-su-mirada-politica-sobre-el-tablero-internacional/ I don't get the gist of the headline... Trump will host Milei in his Mar a Lago home next week, making him the first...

Tell it to "advanced economies" like Norway, Denmark, New Zealand amongst others. Nor is it the first time an Argentine government (or one of an advanced economy) imports its own money... if it was not a thing then the Royal Canadian Mint wouldn't have been producing currency for 73 countries...

It was reported yesterday that private USD bank deposits in Argentina are now at their highest point since the end of convertibility (when 1 peso was 1 dollar) and are thus higher than the previous peak in the past almost three decades witnessed under the Macri government, when for a few short...

https://www.infobae.com/politica/2024/10/28/encuesta-revelo-una-fuerte-recuperacion-de-la-imagen-de-milei-y-de-la-gestion-del-gobierno-la-economia-fue-clave/ From Infobae 3 days ago: "A survey revealed a strong recovery in Milei's image and the Government's management: the economy was key The...

Before jumping the gun and assuming (or wishing for…) the worst, would wait until you hear from your insurer to see if and how this resolution affects you. Here is what I just received: “Hola: Nos ponemos en contacto para informarte sobre la Resolución 3934/2024 de la Superintendencia de...

https://www.infobae.com/economia/2024/10/27/el-ajuste-por-el-indice-de-alquileres-baja-por-primera-vez-en-53-meses-cuanto-se-reduce-y-a-que-se-debe/ According to today's news, the rental price index (ICL) fell for the first time in 53 months.

If the official and parallel rates converge, it would be like in 2018 when using a foreign currency debit/ credit card to pay amounts in pesos was effectively the same as the only rate that mattered was the official. In those days I personally almost always used a foreign card for transactions...

"Argentina’s Central Bank is working with banks and credit card companies to enable debt cards denominated in dollars." "Argentina’s Central Bank is working with banks and credit card companies to enable debt cards denominated in dollars, bank chief Santiago Bausili said in a post on X." They...

It is about debit cards linked to USD bank accounts (which in Argentina are issued by two credit card companies Visa and MasterCard) and would function just like a Visa or MasterCard debit card linked to an ARS bank account today. This story is clear as day in Spanish language media. Seems the...

Remains in effect indefinitely since 15 December 2022 for (Visa) cards issued outside Argentina.

It still exists. However, the official dollar is now 1000:1 while the MEP is 1134:1 - so any exchange rate benefit is now only 13% (less any fees and rates levied by your bank/ issuer). https://www.visa.com.ar/support/consumer/travel-support/tipo-de-cambio-english.html