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Taking a look at the vast slums that encircle big cities in Argentina over the past decades, I’d hazard a guess that many, especially in areas where opportunities are lacking or requiring low skills, are in a situation of vulnerability and are financially abused by their employers, not paying...

These retail workers represent some of the lowest paid formal workers in Argentina (as in most places) providing a real world example of wages in Argentina today - not an abstract number. It’s also no secret that Argentina has a huge wealth gap, as do most all countries in Latin America. The...

I’m saying exactly what I said in my first post. No one, Milei included, ever promised an overnight solution to hyperinflation, and as long as the trajectory continues in a downward direction without leveling off at “normal country levels” it is too early to judge his performance on this front...

Neither, nor did I imply either was. My response was clear that going from three digits to two digits in two years is entirely in line with the other countries you cited.

In none of these cases cited inflation fell from three digits to one digit in a year or less. Israel's 1985 economic stabilisation plan brought inflation down form 450% to 20% in two years (in part achieved by replacing the national currency with a new one) With Poland's Balcerowicz plan...

https://www.infobae.com/economia/2024/10/14/cual-es-el-salario-basico-de-un-empleado-de-comercio-en-octubre-2024/ Salaries for FAECYS unionized workers in frontline jobs such as retail, call-center and administration from October: Category A (Lowest) - ARS 825.911 + benefits & bonuses This...

There is also bienes personales, a personal property tax that is applicable on top of municipal real estate tax like ABL. This tax is levied on your total assets and equities including real estate, cars, shares, household furniture, cash ...everything you own. Although the thresholds to have the...

Can anyone point to another case where a country's annual inflation reached 3 digits and was brought back to a single digit in less than a year? The race for or against hyperinflation is still being run and it doesn't make sense to celebrate or condemn the current number until that number of...

For some added context of the audit issue: https://chequeado.com/el-explicador/auditorias-a-universidades-nacionales-quien-debe-controlarlas-y-como-es-el-proceso/ “En la actualidad, la AGN tiene 6 informes en proceso, y en los últimos años solo aprobó 3 informes, de los cuales solo 1 está...

Straight from the “devils” mouth... If one party is asking to increase their budget it seems entirely reasonable to be asked to (a) substantiate the need and (b) be transparent with where the money allocated in said budget is going before such request can be be approved and/ or negotiated...

I understand that you still can't send dollars directly to someone else's bank account from abroad (without some kind of intermediary service offered by some private investment banks etc) without it going through MULC (e.g., forced pesofication at the official rate) due to capital controls, but...

https://www.bbc.com/news/articles/c80rjgpp8e0o For one's daily laugh.

With Santander it is very easy and same day. - Open a Caja de Ahoros in USD (exactly the same name as on your foreign bank account) - Send yourself USD from your foreign bank account online banking - You will receive a notification later that day or the next saying Santander has received the...

Wishful thinking teetering on delusion? CFK is now just one supreme court appeal away from a six-year prison sentence and lifetime ban from public office for just one of her corruption cases...

Not disagreeing, however it is well worth repeating that expats are not and will never be the focus for any Argentine government and do not reflect the reality of most Argentines. No brecha for Argentines and Argentine businesses is a great thing as their pesos, which they earn in, go further...

And they could increase VAT to 100% on the food you buy, they could impose an exit tax, they could automatically tax your WU transfers, they could even tax the air you breathe the next time the government of the day say's "no hay plata"... so if these kind of "ifs" are keeping you awake at...

The ability to actually spend their money- buy (and thus eventually be able to sell...) a house, a car, invest in their business or do something serious with it in Argentina. There is no requirement to keep the money in local banks after it has been declared (only if you want to avoid paying a...

https://www.argentina.gob.ar/servicio/certificar-residencia-fiscal-en-la-argentina

GOL is fine, much better service than say Aerolineas or Flybondi, but if you don't speak Portuguese or Portugñol you may have a difficult time with them in Brazil (the majority of their staff on the ground really do not speak English or Spanish). The airline is firmly geared towards the...

https://www.cpib.gov.sg/about-corruption/prevention-and-corruption/singapores-corruption-control-framework/#:~:text=Singapore%20relies%20on%20two%20key,the%20public%20and%20private%20sector. Except there is a major difference…