ANALYSIS: SHOCK THERAPY Milei’s cuts are making credit harder to collect in Argentina 04-06-2025 10:30 Just over a year and a half since Javier Milei took office, businesses and households are under strain from stagnant wages and lingering inflation.
BUSINESS & FINANCE Mercado Pago will apply for Argentina banking licence 28-05-2025 23:27 Mercado Pago, the digital wallet and financial services arm of MercadoLibre, will request a banking licence from Argentina’s Central Bank.
ANALYSIS: SHOCK THERAPY Milei intervenes in currency market despite letting peso float 28-05-2025 11:36 Argentina’s government has intervened in the currency markets to influence the peso’s value and is likely to miss reserve accumulation targets.
AMCHAM SUMMIT 2025 Investments, remonetisation, reforms – doubts of US business leaders 22-05-2025 09:31 Milei’s RIGI incentives do not convince, the 'quasi-whitewash' needs "rationality" and reform bills into 2026. Electoral atmosphere at this year’s AmCham Summit and business optimism. by Eugenia Muzio
BUSINESS & FINANCE MercadoLibre CEO steps aside after 25 years for chairman job 22-05-2025 08:53 Billionaire founder Marcos Galperin will step down as CEO of e-commerce and financial services giant Mercado Libre in January 2026.
AMCHAM SUMMIT 2025 ‘Invest because Argentina is very cheap,’ Milei tells business leaders 20-05-2025 19:55 President Javier Milei tells business leaders today that “those who bet on Argentina will come out winning,” as he headlines the AmCham Summit 2025 in Buenos Aires.
BUSINESS & INVESTMENT Globant suffers record intraday drop as tariffs dent earnings 17-05-2025 09:42 Globant shares plunged as much as 33% on Friday, the worst drop since the company went public in 2014, before paring some of those losses.
ANALYSIS: SHOCK THERAPY How Milei keeps peso strong ahead of midterm vote 14-05-2025 12:00 President Milei's government doubles down on a strong peso strategy, making it the cornerstone of his midterm election campaign.
BUSINESS & INVESTMENT Argentine utility Albanesi approaches creditors after missed bond payment 09-05-2025 16:41 Generación Mediterranea SA and Central Térmica Roca SA are approaching bondholders to resolve a dispute over US$19 million in due interest.
BUSINESS & INVESTMENT JPMorgan to rent 20 floors in historic Buenos Aires office deal 09-05-2025 15:50 JPMorgan Chase & Co signs lease to rent 20 floors on a two-building campus in Núñez set to open in 2026.
ANALYSIS: SHOCK THERAPY Corporate defaults start piling up as Milei policies kick in 07-05-2025 12:28 As Javier Milei removes the distortions that once characterised Argentina’s economy, companies that bulked up on debt by exploiting exchange rate gaps are hurting.
BUSINESS & INVESTMENT DLocal CEO sees e-commerce firms rushing into Milei’s Argentina 06-05-2025 10:29 Head of payment services provider DLocal says firm is seeing seeing renewed activity in crisis-prone Argentina.
NEW MEASURES Argentina eliminates export duties for thousands of manufactured goods 30-04-2025 21:34 President Javier Milei's government eliminates export duties for thousands of industrial products; Economy Minister Luis Caputo says tax levy was "affecting competitiveness" in announcement hailing the move.
BUSINESS Telefónica posts 49-million-euro loss on Latin America write-offs 27-02-2025 10:58 Spanish telecoms giant suffered writedown of assets in Latin America, where group begun the sale of several subsidiaries.
SHOCK THERAPY Milei’s strong peso revives domestic football with million-dollar contracts 25-02-2025 15:35 President’s peso policy has domestic clubs spending big; More than two dozen players now make US$1 million or more a year.
BUSINESS & MARKETS MercadoLibre shares rally after record quarter of profit 20-02-2025 23:55 MercadoLibre stock jumped as much as 14% in after-hours trading after Latin American e-commerce and fintech giant’s profit far surpassed estimates.
CRYPTO SCANDAL Criptogate: Government plays down scandal, paints Milei as victim 17-02-2025 15:43 Casa Rosada closes ranks and claims President was unaware of details of controversial ‘Viva la Libertad Project’; Macri blamed for working against government.
ANALYSIS: SHOCK THERAPY Argentines no longer love the dollar, thanks to Milei 12-12-2024 16:07 Argentines have preferred the US dollar over the Argentine peso for decades – Milei may have achieved what once looked unachievable.
OPINION & ANALYSIS Who was Milei’s audience? 11-12-2024 23:45 With an almost religious hope of 2025 being a growth year, President Milei used his first anniversary address to talk to the ‘círculo rojo’ business establishment and his run-off voters, with no concrete announcements for ordinary people. by Javier Calvo
Investing in Argentina Milei touts US$50 billion from investors eyeing 30-year loopholes 02-12-2024 13:04 Argentina has abundant natural resources and legions of well-educated workers. But it struggles to attract investors because its politicians have a habit of changing the rules on a whim.
ECONOMIC OUTLOOK Argentina’s recession ‘is over,’ Milei tells business leaders 08-11-2024 14:49 “The recession is over. We are emerging from the desert," President Milei tells business leaders at event in Buenos Aires.
BUSINESS & INVESTMENT Trump and Argentina – Business leaders hope political affinity will pay off 07-11-2024 00:25 Despite uncertainty about the overhaul of the United States economy and its impact on domestic business, business leaders hope election of Republican leader will lead to commercial resurgence. by Ariel Maciel
BUSINESS & INVESTMENT Milei’s revamp offers CEOs a glimmer of optimism about Argentina 29-10-2024 11:17 Business leaders say they're feeling encouraged about Argentina for the first time in years.
ANALYSING ARGENTINA Milei’s Bermuda Triangle 21-09-2024 06:31 Milei’s political future lies within a triangle defined by inflation, approval ratings, and unemployment. by Marcelo J. García
BUSINESS Havanna, maker of Argentina’s famed alfajor treats, explores unit sale 13-09-2024 08:00 Havanna, maker of Argentina’s most famous brand of the dulce de leche-infused confections known as alfajores, is exploring a sale of its operations in Latin America, including Argentina.
THE BUSINESS OF SPORT Top firms in Argentina backing F1 rookie Franco Colapinto 10-09-2024 11:41 Franco Colapinto, the rookie making his way in Formula 1 with Williams Racing, is supported by some of Argentina’s largest companies, including Globant, YPF, Quilmes, Flybondi, Bigbox and Celulosa Argentina.
BUSINESS & INVESTMENT Mercado Libre founder vows US$75-million investment as he hosts Milei 05-09-2024 11:41 President Javier Milei received by Mercado Libre founder Marcos Galperin as he visits offices of tech giant; Entrepreneur, who is gripped in a “cartelisation” battle with Argentina’s banks, says US$75-million investment will create 2,300 new jobs at logistics centre.
OBITUARY Gregorio Pérez Companc, one of Argentina’s richest men, dies at 89 14-06-2024 13:20 Gregorio Pérez Companc, who helped transform the face of Argentina’s corporate world with investments from telecommunications to farming and oil, which made him a billionaire, has died aged 89.
DATES IN SILICON VALLEY Milei to meet with CEOs of Meta, Google, Apple, OpenAI 28-05-2024 11:36 Javier Milei will meet with “four of the 10 most important businessmen in the world” during his trip to the United States, according to Presidential Spokesperson Manuel Adorni.
BUSINESS & INVESTMENT Energy mogul makes 100-year bet on Argentina’s mineral wealth 20-05-2024 13:45 Through his holding company Integra Capital, José Luis Manzano is going all in on mining and mineral wealth.
BUSINESS & INVESTMENT Milei plans to meet with Mark Zuckerberg at end of May 18-05-2024 17:09 President Javier Milei is planning to meet with Meta Platforms CEO Mark Zuckerberg and other leaders of tech giants in Silicon Valley at the end of May.
BUSINESS & INVESTMENT Goldman, Stone Harbor wind back Argentina bets after bond rally 08-05-2024 11:49 Investors who rode an eye-popping rally in Argentina’s sovereign debt this year are starting to pull back.
BUSINESS & INVESTMENT Power supplier Central Puerto eyes stake in McEwen’s copper project 06-05-2024 14:57 Central Puerto SA, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc’s Los Azules project.
BUSINESS & INVESTMENT Top CEOs to heap praise on Milei at Patagonia retreat 17-04-2024 13:18 Elsztain will host president at exclusive Bariloche event; IRSA starting construction on biggest project in its history
MILEI MEETS MUSK President Milei meets Elon Musk at Tesla factory in Austin 12-04-2024 14:52 Argentina’s President flies from Miami to Texas for a meeting with SpaceX boss Elon Musk at his Telsa factory in Austin; X owner gives Javier Milei tour of building as photos of encounter go viral online.
AMCHAM SUMMIT Caputo: Argentina 'just starting talks' with IMF over new programme 12-03-2024 20:26 "They always said that they were open to a new programme," economy minister tells business leaders at AmCham 2024 summit.
#8M: Women's Rights Corporate shortfall: Women far from reaching 50% of corporate leadership positions 08-03-2024 06:10 Despite the increased presence of women on boards of directors, the corporate world is still largely run by men.
ECONOMIC INDICATORS Spending plunges at shops with Milei cuts hitting hard 04-03-2024 15:48 Spending at small- and medium-size businesses — Argentina’s largest sector of employment — plunged 25.5 percent in February from a year ago, the third straight month of double-digit losses.
ANALYSING ARGENTINA Are two Caputos one too many for Milei? 02-03-2024 05:25 Foreign observers and investors welcome that Milei is a man on a mission to turn Argentina into a more open, more pro-market economy … but they don’t like conflict as the end itself, nor the Casa Rosada’s unwillingness to compromise. by Marcelo J. García
As I see it Politicians in the dog house 02-03-2024 05:01 Business, especially big business, has long had a bad press in Argentina. This is partly due to the willingness of politicians to blame it for their own failures, as happens whenever inflation gets out of hand. by James Neilson
ECONOMIC INDICATORS Brazil economy grew 2.9% in 2023, says official data 01-03-2024 16:08 Brazil's economy expanded 2.9% in 2023 after a fourth quarter of zero growth, according to data released Friday by the IBGE national statistics agency.
Business Billionaire Claure forges new empire after WeWork collapse 01-03-2024 07:22 Marcelo Claure is shaping his own investment empire after the pandemic dealt the final blow to the company WeWork, as the company kept losing billions
SATELLITE INTERNET Argentina authorises Elon Musk's Starlink, rival Amazon Kuiper 27-02-2024 12:13 President Javier Milei's government grants authorisation to Elon Musk's Starlink and two other competitors as rumours billionaire businessman will visit Buenos Aires ramp up.
Extortion in Peru Pay up, or else: Latin America cowed by lucrative extortion 26-02-2024 13:50 Extortion, a business more lucrative than drug trafficking thanks to its high profits, has become the bane of citizens' existence from Mexico through Central America to Colombia, Ecuador and Peru.
Agriculture Natural pesticides gain ground in 'agri-tox' capital Brazil 19-02-2024 14:14 Agricultural powerhouse Brazil may be the world leader in chemical pesticide use, but there is a growing trend of farmers turning to natural products known as "biopesticides."
ELON CALLING Javier Milei and Elon Musk speak by phone, agree to meet in 2024 06-12-2023 22:01 Argentina’s president-elect speaks with Elon Musk, the owner of X and Tesla, after exchanging messages on social media; US businessman interested in business opportunities related to lithium industry and Starlink.
BUSINESS Globant beefs up creative operations by purchasing ad firm GUT 28-11-2023 11:12 Argentine software firm Globant SA purchased a majority stake in creative agency GUT as it ups its bet on marketing services as a key growth driver.
ECONOMIC OUTLOOK ‘First six months of 2024 are going to be terrible,’ says Argentine business leader 15-11-2023 22:41 Head of Cámara Argentina de Comercio offers ominous forecast for next government’s initial months in office and warns politicians must “do things properly" in what looks to be a “complex” year ahead.
MARKETS Here are the assets to watch ahead of Argentina’s presidential election 20-10-2023 07:41 Investors in Argentine assets are bracing for losses ahead of Sunday’s presidential election, with uncertainty high as voters grapple with triple-digit inflation and economic gloom. Here are key assets to watch ahead of the vote.
Election 2023 preview Inflation raging at 130% is pushing Argentina down a radical path 19-10-2023 20:55 Presidential candidate Javier Milei is winning over voters with promises to revive what was once one of the world’s wealthiest nations.