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[POLITICS] · Argentina · 6 sources

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Argentina faces judicial and economic scrutiny

In Argentina, the Supreme Court has faced criticism following its decision to validate an article of DNU 70/2023. This ruling removes the 15 percent limit on foreign capital ownership of rural land, a measure previously restricted by a 2011 law. The decision has sparked debate regarding national sovereignty and the relationship between the judiciary and political power.

Additionally, the country's financial sector is seeing a shift in wealth management strategies. High-net-worth individuals are increasingly utilizing premium credit cards to optimize liquidity and mitigate the impact of economic volatility. These strategies focus on maximizing daily returns through remunerated accounts while accessing international travel benefits and concierge services.

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Argentina · Cocos · IMF · Javier Milei · Mercado Pago · Naranja X · Personal Pay · Supreme Court of Argentina · Ualá