News of economy

China accuses US of bullying after Bessent’s Argentina comments

Yesterday 09:05 Beijing's Embassy in Buenos Aires accuses Washington of Cold War-era intervention in Latin America after US Treasury Secretary Scott Bessent suggests President Milei is “committed to getting China out.”

Investment or political marketing? Analysing OpenAI’s Argentina announcement

11-10-2025 09:36 Announcement by President Javier Mileil’s government of plans to create a mega AI data centre in Patagonia raises questions about its feasibility and geopolitical aims.

Bessent’s big gamble on Argentina has a narrow road to pay off

10-10-2025 10:01 For Scott Bessent’s US$20-billion bet on Argentina to pay off, a lot of things have to go right.

Trump lifeline does little to boost Milei with voters in Argentina

10-10-2025 09:47 Trump’s financial assistance for Argentina may be enough to shore up local markets, but it’s doing little to boost President Milei’s standing with voters.

Argentine rates exceed 80% as peso crisis sparks cash crunch

09-10-2025 13:06 Short-term interest rates soar as the Milei government steps up efforts to defend the peso.

IMF chief: Public support is crucial for Milei’s reform push

08-10-2025 18:07 With a US$20-billion swap with the United States reportedly under discussion, IMF reinforces that Milei government's reforms will falter without popular support.

Milei pulls out all stops in defence of fragile peso

08-10-2025 13:33 After burning through billions of dollars in reserves, Argentina’s government is getting creative and finding new alternatives to defend the peso.

Milei running short of dollars as Argentina awaits US lifeline

07-10-2025 16:14 Argentina’s Treasury is burning through its dollar deposits to prop up the peso, with traders estimating it has as little as US$700 million left in its coffers.

Brazil's Lula asks Trump to remove tariffs in 'friendly' phone call

06-10-2025 19:05 Two leaders share "friendly" 30-minute call in first talks since trade war row in part spurred by conviction of ex-president Bolsonaro.

New US ambassador: Firms on brink of 'unprecedented’ investment in Argentina

06-10-2025 17:44 Peter Lamelas, incoming US ambassador to Argentina, claims US companies and “Western world” are on the verge of investing an unprecedented amount of capital.”

Hunted by a red October

04-10-2025 06:26 The last few days have shown Trump’s support to be insufficient to overcome the loss of confidence in the libertarian administration, a problem which the midmonth snapshot with the Republican in Washington planned by Milei is hardly likely to change.

IMF chief offers Argentina show of support

03-10-2025 23:02 Efforts to stabilise Milei’s government come before crucial October 26 midterm elections where nearly half the seats in Argentina’s Congress are on the ballot.

Bessent says United States ‘not putting money’ in Argentina, touts swap

02-10-2025 16:48 US Treasury Secretary Scott Bessent reiterated support for Argentina on Thursday, but later warned any aid wouldn’t involve outright US investment.

US Treasury chief issues second message of support for Milei's Argentina

02-10-2025 12:03 US Treasury Secretary Scott Bessent says Washington is "fully prepared to do what is necessary" in support of Milei as he confirms Argentina is key to “maintaining a US strategic interest in the Western Hemisphere.”

Milei’s financing assurances briefly lift bonds, peso

30-09-2025 14:03 President says Argentina has secured financing through the end of next year and is working on longer term plans, giving a brief boost to the nation’s assets.

Informal employment rises to 42%, affecting 4 in 10 workers

30-09-2025 11:11 According to a report, four in ten workers in Argentina are employed in jobs that are not subject to “the relevant labour, tax or social security legislation.”

How many more rabbits can Milei pull out?

27-09-2025 06:38 Markets don’t vote, at least not on election day. The fate of the Milei programme will be determined by what the government does from now on.

by Marcelo J. García

Milei: From rockstar to beggar

27-09-2025 06:05 Milei has gone from international political rockstar to beggar in less than two years, following a similar trajectory to Mauricio Macri – only that the latter got bailed out after winning the midterm elections.

by Agustino Fontevecchia

Argentina re-establishes grain export duties as farmers cry foul

26-09-2025 08:59 Government ends suspension of export duties after US$7-billion target is met; Meat and poultry to remain exempt; Reports say just 12 producers, mostly large agro-exporting, benefitted.

Milei’s Treasury set to snap up large dollar sales

25-09-2025 19:22 Argentina’s Treasury is moving to scoop up large amounts of foreign currency in block trades just as US$7 billion from grain exports enters the market.