News of economy

Bribery and pay-off claims from journalists make waves

Yesterday 15:19 Journalist Cristina Pérez claims some of President’s entourage operate a ‘cash for access’ scheme; Under-fire reporter Jonatan Viale accuses colleagues of taking money from politicians; Neither name names.

Milei seeks rebound from crypto saga on visit to Trump world

Yesterday 14:06 Until last week, Milei had done little but wow investors. But last Friday's cryptocurrency controversy has tested the pillars of his popularity.

$LIBRA scandal: Multi-million-dollar civil lawsuit in US 'being prepared'

19-02-2025 16:37 New York law firm has already gathered more than 200 clients from Argentina, the United States, Europe and Asia for a possible class-action suit, according to 'La Nación' report.

Provinces eye debt sales as economic optimism mounts

19-02-2025 15:30 Buenos Aires City— which oversaw a failed debt tender offer toward the end of 2024 — and Córdoba Province are each mulling the sale of around US$500 million of bonds between March and May

Milei crypto scandal widens with allegations against his sister

19-02-2025 08:00 The political uproar over President Javier Milei’s role in a crypto scandal puts the spotlight on his closest adviser and gatekeeper: his sister Karina.

Milei to meet Musk, IMF chief in Washington following crypto controversy

18-02-2025 18:38 Argentina’s President will travel to the United States for the latest edition of CPAC, delivering a speech on the same day as US President Trump. Milei’s agenda includes talks with Elon Musk and Kristalina Georgieva – but he will hope to avoid any mention of crypto scandal.

Caputo says talks over new IMF agreement entering final phase

18-02-2025 11:12 “We’re onto the final points, negotiating the amount and the terms on which we agree,” says economy minister.

Milei denies role in 'cryptogate' as prosecutors launch probe

18-02-2025 08:49 President denies promoting 'Libra' cryptocurrency that crashed last Friday, sparking huge losses for investors and prompting a flood of complaints.

Milei stumbles into crypto memecoin scandal before US trip

17-02-2025 14:27 President Javier Milei's government launches probe after Libra debacle; La Libertad Avanza leader hoping to meet Trump, secure fresh IMF funds in Washington.

Milei pushes crypto token, then deletes post amid fears of scam

15-02-2025 09:25 Milei deleted initial post pushing crypto token, saying he was “not aware of the details of the project and after having become aware of it I decided not to continue spreading the word.”

Milei’s week of fury

15-02-2025 06:05 The market has doubts as to whether Milei and Caputo can sustain what is clearly a super strong peso, forcing them to come out publicly to defend their policy choices. The level of aggression with which they have defended their position suggests that the risks to their strategy are real.

by Agustino Fontevecchia

Alberto Fernández: ‘Fabiola has not grasped the dimensions of what she is saying’

15-02-2025 06:00 In the first half of a two-part interview, former president Alberto Fernández addresses the gender violence and psychological mistreatment allegations made against him by his ex-partner Fabiola Yáñez.

by Jorge Fontevecchia

Milei government summons disability recipients to ‘audit’ hearing

14-02-2025 10:22 Hundreds of thousands of Argentines who receive disability pensions are to be summoned to a hearing in cost-cutting push to establish and verify if they are eligible and if the welfare payment “reaches those who need it.”

Argentina inflation hits lowest level since mid-2020

13-02-2025 16:41 Annual consumer price hikes dip below 100% for the first time in two years as Milei continues to tame inflation.

Gutting aid, US cedes soft power game to China

12-02-2025 14:52 Successive US administrations have vowed to wage a global competition with China. But by freezing nearly all US foreign aid, Washington has effectively ceded one of its main levers of influence.

Hedge fund run by Nicolás Dujovne posts 22% gain

12-02-2025 12:55 Nicolás Dujovne enjoys double-digit hedge fund gains from his Buenos Aires trading desk, thanks to Milei's market-friendly agenda.

Argentines spend most dollars since 2018 on strong peso policy

11-02-2025 12:29 Argentines are spending the most amount of dollars in years as they cash in on a strong peso.

Argentines want US trade deal despite competition, tariff fears

11-02-2025 09:03 Argentines support President Milei’s quest to negotiate a free-trade agreement with the United States, but are split over competing with US firms.

Can Kicillof break the spell?

08-02-2025 06:11 If the current political trajectory stands, Kicillof would face an uphill battle … but Argentina has shown in recent years that "impossible" is not in the local political dictionary.

by Marcelo J. García

Milei the copycat

08-02-2025 06:06 Pegging Argentina’s foreign policy to the United States is a risky strategy.

by Agustino Fontevecchia

Milei says he’s considering taking Argentina out of Paris Agreement

06-02-2025 08:11 Hours after confirming nation’s withdrawal from World Health Organization, President tells French media outlet that he is analysing exit from Paris climate accords.

Five ways in which Javier Milei has mirrored Donald Trump

05-02-2025 21:18 President Javier Milei has made clear his admiration for Donald Trump by liberally borrowing from the US president's playbook.

‘Trump is the catalyst,’ agree former ambassadors to China

01-02-2025 09:44 Argentina’s two most recent ambassadors to China, Diego Guelar and Sabino Vaca Narvaja, discuss the chessboard facing the world’s two key powers as Donald Trump begins a new term in the United States.

by Jorge Fontevecchia

Milei’s chainsaw slashes funds for science, research institutes

01-02-2025 09:12 President Javier Milei’s government has drastically reduced the budgets of the CONICET scientific research council, INTA agricultural technology body and ARSAT satellite firm – now entire programmes are being eliminated.

by Andrea Gentil

Unions warn new self-service fuel pump rules will mean job losses

30-01-2025 16:55 President Javier Milei’s government issues decree allowing self-service fuel pumps at service stations across Argentina; Union warns as many as 70,000 jobs could be lost.

Energy export surge quells fears over currency management

29-01-2025 11:20 BlackRock, Barings say energy dollars should quell Argentina’s foreign exchange concerns.

Argentina’s rich neighbours cut back on visits due to strong peso

28-01-2025 09:38 Tourists visiting from Uruguay and Chile fell at least 30% in December from a year ago, according to INDEC.

Argentina wins upgrade from Moody’s in boost for Milei

26-01-2025 23:40 Argentina’s credit rating raised by Moody’s Ratings to 'Caa3,' the third-lowest level of junk and on par with Ecuador, Bolivia and Ethiopia.