While JPMorgan said it expects Argentina’s economy to finish 2024 with an annual 3 per cent contraction, it is projecting 5.2 per cent growth in 2025. That would only return per capita GDP to the level of 2021, however, when the economy was emerging from the pandemic.

Argentina’s President Javier Milei has been granted Italian citizenship while on a state visit to Italy, a spokesperson for Italy’s Foreign Ministry told CNN.

Argentina emerged from a deep recession in the third quarter, with its economy growing more than expected and inflation finally easing, in a major win for libertarian President Javier Milei ahead of the midterm elections next year.

Argentina has come out of a deep recession in a major victory for the country’s unorthodox President Javier Milei, who has spent the past year enacting sweeping — and painful — reforms in Latin America’s third-largest economy.

The self-described "anarcho-capitalist" has introduced brutal austerity measures in a bid to restart Argentina's ailing economy.

Argentina’s eccentric, wolverine-haired, “anarcho-libertarian” president Javier MIlei took office with a chainsaw and a plan: to tackle the country’s triple-digit inflation and chronic debt problems,