News of economy

Milei vows appeal amid fallout as US judge orders transfer of YPF shares

Today 11:12 President vows to appeal as US judge orders Argentina to hand over 51% of shares in YPF in expropriation case; Milei points finger at Kicillof, Fernández de Kirchner as fears over ruling impact grow.

ECONOMIC INDICATORS

Economy grew more than expected after Milei lifted controls

Yesterday 17:51 Argentina’s economy grew more than expected in April, with economic activity up 1.9% on previous month.

FRIENDS IN HIGH PLACES

Milei’s actor friend runs state agency with multi-million-dollar budget

Yesterday 17:16 AAICI trade body, led by ally and friend of President Javier Milei, received more funds than Garrahan Children’s Hospital over the past nine months.

GOVERNMENT & POLITICS

Court strikes down Milei decree restricting right to strike

Yesterday 15:15 Ruling says measure lacked urgency and bypassed Congress without any justification.

‘Mattress dollars’

INDEC reveals how many dollars Argentines have stashed away

Yesterday 13:02 INDEC estimates the amount of cash stashed outside the traditional financial system fell by more than US$3 billion in the first quarter of the year from the preceding period.

MERCOSUR SUMMIT IN BUENOS AIRES

Milei to host Mercosur presidents amid tensions with Lula

29-06-2025 11:54 President will lead this week’s two-day two summit in Buenos Aires; Argentina’s leader to again push for a liberal shift in the South American trade bloc’s future.

ENERGY & GAS

Total gets offers for potential sale of Argentina shale oil assets

28-06-2025 18:12 France’s TotalEnergies SE is in talks with at least two suitors who have submitted bids for its shale oil assets in Argentina.

Analysing Argentina

Milei’s Argentina: A tale of two pockets

28-06-2025 07:33 There is a “dollarised” Argentina doing well and a “pesofied” Argentina that is struggling.

by Marcelo J. García

Elections 2025

Milei launches La Libertad Avanza's campaign in Buenos Aires Province

27-06-2025 15:37 At LLA congress in opposition stronghold of Buenos Aires Province, Milei brands Governor Axel Kicillof “a junior Stalin” and frames regional vote as choice between “civilisation or barbarism.”

AGRICULTURE & ECONOMY

Crop traders rush to secure Argentine cargoes as Milei perk ends

27-06-2025 14:03 Agriculture traders rush to get crop shipments on the books before government's tariff relief expires next week.

DEBT & BONDS

Córdoba Province sells US$725 million of debt abroad

27-06-2025 13:51 Cordoba Province taps investors in the first international debt sale by a local government since President Javier Milei took office.

BUSINESS & BANKING

Argentine fintech Tapi buys Mastercard unit in Mexico expansion

27-06-2025 13:15 Argentine payments services startup tapi has acquired the bill payment and cash-handling operations of Mastercard’s Arcus in Mexico, part of a bid to double-down on Latin America’s second-largest economy.

FOREIGN POLICY

With same demands, isolated Milei prepares for Mercosur summit

26-06-2025 18:51 No bilateral meetings anticipated, but at the upcoming summit in Buenos Aires, there could be clashes with Luiz Inácio Lula da Silva – if not over their stance regarding the international situation involving Israel and Iran, then over the Brazilian leader’s potential visit to see Cristina Fernández de Kirchner serving house arrest.

AGRICULTURE & ECONOMY

China imports Argentina soy meal in trial amid US tensions

26-06-2025 17:45 China has booked a rare shipment of soybean meal from Argentina amid an ongoing trade war with the United States.

BANKING & FINTECH

UK fintech giant Revolut to acquire BNP’s Cetelem in Argentina

26-06-2025 14:46 Revolut, Europe’s largest digital bank, to acquire Argentina’s Banco Cetelem, a small local lender owned by BNP Paribas.

HEALTH & ECONOMY

Workers at top children's hospital strike over pay, budget cutbacks

25-06-2025 17:47 Workers at the Garrahan Children's Hospital in Buenos Aires protest against government policies, demanding improves wages and budget for the prestigious paediatric institution.

SOCIETY

Child poverty on rise in northwest and northwest of Argentina

24-06-2025 14:18 Child poverty as measured by UCA watchdog dropped from 58.8% to 52.8% nationwide between second halves of 2023 and 2024. But the drop was uneven and, in some parts of Argentina’s north, the situation even worsened.

by Agustina Bordigoni

ECONOMIC INDICATORS

Economy grows less than expected as imports surge

23-06-2025 22:46 Gross domestic product expanded 0.8% in first three months of the year compared with the previous quarter, short of analysts' estimates.

JOBS & EMPLOYMENT

Economic pick-up fails to filter through to job market

23-06-2025 15:43 Improved economic activity has reversed last year's shrinkage but the improvement has yet to seep through to the labour market – in March the private sector shed over 7,000 jobs with numbers of self-employed simultaneously on the rise.

by Martín Fernández Nadale

lithium mining

Europe's lithium quest hampered by China and lack of cash

20-06-2025 09:20 Too much regulation and not enough investment, the paradox facing a Europe –in need of lithium.

DIPLOMACY & FOREIGN POLICY

President Milei: 'Iran is an enemy of Argentina'

20-06-2025 01:16 President declares Iran to be "an enemy of Argentina" during television interview; Milei says Israel is "saving Western civilisation" and vowed unwavering support amid conflict with Islamic republic.

ECONOMIC INDICATORS

Unemployment rises despite economic recovery, data shows

19-06-2025 22:19 Unemployment in Argentina rose to 7.9 percent in the first quarter of 2025, according to INDEC data.

DIPLOMACY & FOREIGN POLICY

Oxenford takes up post as Argentina’s ambassador to United States

18-06-2025 14:24 Tech businessman presents credentials to US President Donald Trump; Foreign Ministry reshuffle continues with appointment of key economic envoy.

by Cecilia Degl'Innocenti

ANALYSIS

Inflation and the ballot box: Milei bets on falling prices to win votes

18-06-2025 12:46 Monthly CPI and wholesale rates are now central to the government’s election strategy – but questions are mounting over purchasing power and price-controlled services.

by Gonzalo Martínez

ECONOMIC INDICATORS

Milei cools Argentina wholesale inflation to lowest since 2020

17-06-2025 23:23 Data shows wholesale prices declined in May for the first time since the height of the pandemic.

BUSINESS & INVESTMENT

Argentine deregulation offers upside for Globant in a tough year

17-06-2025 10:33 Software company Globant says the deregulation of the local financial industry is prompting companies to step up investment in technology systems.

ECONOMIC INDICATORS

Monthly inflation drops to 1.5% – lowest level in five years

12-06-2025 16:05 Consumer prices rose just 1.5% in May, according to government data – the lowest monthly rate since May 2020; Inflation at 13.3% so far this year, 43.5% over the last 12 months.

IMF PROGRAMME

IMF applauds Argentina's measures to boost dollar reserves

12-06-2025 15:15 Earlier this week, Argentina’s Central Bank rolled out new economic measures designed to boost foreign currency holdings.

DEBT & BONDS

Bank of China, JPMorgan among banks in US$2-billion repo

11-06-2025 21:49 Milei administration reaches agreement with seven private banks on a repurchase agreement of US$2 billion.

ANALYSIS: SHOCK THERAPY

Dollar-obsessed Argentines have a newfound love for buying gold

11-06-2025 18:24 Argentina’s deep-rooted reliance on the greenback is now being challenged by a growing appetite for gold.

Analysis

Fernández de Kirchner’s ban from office marks new chapter

11-06-2025 17:03 Top court sidelines Cristina Fernández de Kirchner from future elections, likely ushering in a new political era.

CENTRAL BANK MANOUEVRES

Argentina bonds rise on new measures to lure dollars

10-06-2025 20:46 Central Bank unveils a slew of measures aimed at helping the nation amass more hard-currency reserves.

CENTRAL BANK MANOUEVRES

Argentina eases bond auction rules in aim to lure more dollars

09-06-2025 22:10 Central Bank unveils slew of measures aimed at helping the nation amass more hard-currency reserves.

ECONOMIC INDICATORS

Inflation in Buenos Aires City slows to monthly 1.6%

09-06-2025 13:01 Sharp drop in prices last month, according to City Hall, down from 2.3% in April to 1.6% in May; Inflation 12.9% so far this year in nation's capital, compared to 48.3% over same period in 2024.

ECONOMY & FOREIGN POLICY

With Milei in Rome, YPF signs LNG export deal with Italy’s ENI

06-06-2025 22:05 Agreement signed in Rome while Milei visits Italian Prime Minister Giorgia Meloni on first leg of his 10-day foreign tour.

MATTRESS DOLLARS

Milei bill promises protection for dirty ‘mattress dollars’

05-06-2025 20:44 Government unveils “Fiscal Innocence” bill for Argentines holding undeclared dollars, promises “no more persecution.”

DEBT & BONDS

Buenos Aires Province debt climbs as Milei confronts local election test

05-06-2025 12:35 Dollar notes issued by Buenos Aires Province are the best-performing government credits across emerging-markets since La Libertad Avanza won in a city hall race in mid-May.

EU-MERCOSUR TRADE DEAL

Brazil's Lula urges Macron to seal EU-Mercosur trade deal

05-06-2025 12:14 Brazil's president urges French counterpart to "finalise" EU trade deal with Mercosur during visit to Paris.

ENERGY & GAS

YPF to sign LNG export deal with Italy's ENI

05-06-2025 09:49 Agreement to be formalised during President Milei's visit to Rome, says YPF President Horacio Marín.

Anti-austerity demo

Unity march boosts pensioners' protest against Milei's cuts

05-06-2025 00:24 Scientists, doctors, disabled, LGBT groups and more join weekly pensioners' march in Buenos Aires to condemn austerity, defend rights and services.

PROTEST VIOLENCE

Photographer seriously injured by police during protest leaves intensive care

04-06-2025 15:19 Almost three months after he suffered severe head injuries after being struck by a tear gas canister fired by security forces while covering a protest rally, Pablo Grillo is discharged from intensive care; Photojournalist will continue rehabilitation at another hospital.

WORLD ECONOMY

Trump's trade war: US doubles steel, aluminium tariffs

04-06-2025 10:41 US president doubles tariffs on aluminium and steel from 25 percent to 50 percent, raising temperatures with various partners.

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.

POVERTY IN ARGENTINA

Quarter of rough sleepers in City have been on streets for less than year

04-06-2025 06:25 NGOs surveyed Commune 1 of Buenos Aires City and found over 1,400 adults sleeping rough. More than three-quarters were men, with many only resorting to homelessness in the last year.

by Agustina Bordigoni

ENERGY & GAS

Paraguay pitches Argentina, Brazil on natural gas pipeline plan

03-06-2025 20:22 Paraguay is lobbying Argentina and Brazil to sign agreements signalling their political support for a proposed natural gas pipeline linking the three countries

HEALTHCARE & ECONOMY

Hospital staff march to Obelisk in pay dispute protest

03-06-2025 15:15 Doctors at Argentina’s top children’s hospital march in protest, calling for fair pay, proper staffing and urgent improvements in care as Milei administration goes on attack.

LABOUR RIGHTS

Workers' rights in 'free fall' globally, says trade union report

02-06-2025 19:01 International Trade Union Confederation highlights "profound deterioration" in workers' rights in its annual rights index.

ECONOMIC POLICY

Milei’s FX gambit sparks sharpest demand for dollars since 2019

02-06-2025 17:31 Demand for dollars in Argentina at its highest since 2019 after President Javier Milei all but eliminated foreign-exchange restrictions.