News of economy

Poverty falls sharply as prices cool under Milei

31-03-2025 17:02 About 38.1% of Argentines fell under the poverty line in the second half of last year, according to government data published Monday.

Caputo: Argentina wants a ‘high’ first disbursement from IMF

31-03-2025 14:04 Economy Minister revealed last week that Argentina is seeking around US$20 million in fresh financing from the IMF, on top of its existing US$44-billion debt.

IMF confirms Argentina has requested new US$20-billion loan programme

28-03-2025 18:10 "Progress on the new programme is very advanced and engagement continues at all levels to finalise an agreement," says IMF in a statement.

Argentina seeks large portion of US$20-billion IMF deal up front

28-03-2025 12:00 The size of Argentina’s first disbursement has become the most important issue of negotiations at this stage, with President Milei's government seeking a large portion up front.

Caputo says Argentina’s new IMF deal includes US$20 billion

27-03-2025 10:30 Economy Minister Luis Caputo says new IMF programme for Argentina will include US$20 billion in fresh funding.

by James Grainger

How many dollars does Luis Caputo need to reach the midterms?

27-03-2025 00:39 The market is spotlighting fresh funds. The blend could be a bargaining-chip for exchange rate intervention. Central Bank reserves back to levels of late 2023.

by Eugenia Muzio

Milei blocks sale of Telefónica Argentina to Clarín’s Telecom

25-03-2025 11:02 Government explains why it has moved to halt purchase of Telefónica Argentina by Telecom; Guillermo Francos warns deal would create an oligopoly in the telecommunications sector.

Chile presidential candidate Evelyn Matthei lauds Argentina budget cuts

22-03-2025 09:13 “In Argentina, they’ve cut spending with a speed and determination that’s incredible,” says Chile presidential candidate Evelyn Matthei.

Forever Autumn?

22-03-2025 07:11 There is already too much polarisation in politics at large – instead of extremes clashing, there is a need to meet in the middle for a serious debate about a complex issue.

IMF to consider US$20-billion Argentina deal in informal meeting

21-03-2025 15:44 IMF intends to discuss a new loan for Argentina during an informal meeting between its staff and executive board next week in Washington.

Rights body criticises Milei over policing of protests

20-03-2025 16:53 Inter-American Commission of Human Rights calls on President Javier Milei’s government to guarantee freedom of expression and association as it voices concerns; Weekly pensioners’ protest passes off without major incident.

Argentina waiting on yields to fall below 10% before debt market return

20-03-2025 12:26 Argentina is waiting for yields on its sovereign bonds to edge below 10% before exploring return to international capital markets, says government official.

Economy extended expansion as new IMF accord nears

19-03-2025 17:27 Gross domestic product expanded 1.4% in the three months through December, compared with the previous quarter.

Milei’s inflation miracle distorted by obsolete items in index

19-03-2025 17:12 Calls are getting louder for President Javier Milei’s government to redo the make-up of the consumer price index for the first time in two decades.

The Ides of March

15-03-2025 07:21 While conspiracy theories are wildly fashionable in today’s world, accidents can also happen.

by Michael Soltys

Consumer prices rose 2.4% in February, reveals INDEC

14-03-2025 18:11 Inflation inches up, rising 0.2 points from 2.2% recorded previous month; Prices up 2.4% in first two months of year, by 66.9% over last 12 months.

Milei faces fresh protest from football club fans over austerity

13-03-2025 00:25 Weekly protest against President Javier Milei’s austerity against pensioners takes aggressive turn.

Inflation in Buenos Aires City slowed to 2.1% in February

12-03-2025 16:26 Consumer prices slowed by one point last month from January; Inflation in capital in first two months of year totals 5.3%.

Milei issues decree to take new IMF deal through Congress

11-03-2025 09:55 President issues decree seeking green light from Congress to move forward with rejigged IMF agreement; Repayments would be pushed out over 10 years with a grace period of four and a half years.

Argentina’s annual wine exports near US$1-billion mark

10-03-2025 14:12 Nation is now the world's ninth-largest wine consumer; Export market worth US$933 million last year, making Argentina 11th-largest exporter by volume worldwide.