News of economy

BHP, Rio advance projects in boost to Argentina mining ambitions

Yesterday 21:37 Argentina’s push to become a major producer of critical minerals got a boost this week as the world’s two biggest miners advanced plans in the country.

AGRICULTURE & ECONOMY

Top banks bet on farming boom with Milei cutting taxes

Yesterday 19:34 Two major banks in Argentina are seeking to open up more credit for farmers as President Javier Milei cuts export tariffs for growers.

GEOPOLITICS IN AMERICAS

Trump to name Peru a major non-NATO ally amid anti-drug push

Yesterday 18:25 Trump has been looking to rally more governments in Latin America to back his drug-fighting agenda. In Peru, the status offers to boost a new leader who has pledged to be tough on crime.

ANALYSIS

Inflation picked up more than expected after key vote

11-12-2025 16:37 Inflation accelerated for the third straight month even after President Javier Milei’s midterm victory.

ECONOMIC INDICATORS

Warning sign for Milei as inflation creeps up to monthly 2.5%

11-12-2025 16:29 Disappointment for Milei as INDEC data shows hikes accelerated last month, led by increases in food and non-alcoholic beverages; Prices up 27.9% in first 11 months of the year, 31.4% year-on-year.

EU-MERCOSUR TRADE DEAL

France seeks to delay EU-Mercosur accord, risking deal’s collapse

11-12-2025 14:53 France seeks to delay accord over agricultural concerns; Paris wants to postpone signing until at least early next year.

EU-MERCOSUR TRADE DEAL

Mercosur leaders to meet December 20, ready to sign EU trade deal

11-12-2025 14:49 December 20 is the deadline set by the European Commission for a green light from European states on the agreement that has met with opposition from France.

RETURN TO MARKETS

Government stages market comeback with local dollar bond sale

10-12-2025 22:53 Demand for the US$1-billion sale reached US$1.42 billion; Deal seen as dry run for Argentina's eventual resumption of overseas borrowing.

MARKETS & BONDS

Argentina’s dollar bond sale tests foreign demand under Milei

10-12-2025 15:39 A bond sale planned for Wednesday may be a small step for Argentina’s government at home, but a major move toward a potential return to international debt markets.

POLITICS & CONGRESS

Milei kicks off second half of term with stronger hand in Congress

10-12-2025 15:20 President has gained ground in Congress after October’s midterm elections but lacks firm majorities; Key reforms still hinge on delicate negotiations with governors and rivals.

EU-MERCOSUR TRADE DEAL

EU vows stricter controls for imports ahead of Mercosur deal vote

10-12-2025 14:38 To verify that products comply with EU standards, the European Commission promised to increase the number of controls abroad by 50 percent over the next two years.

SECOND ANNIVERSARY

Two years of Milei in five economic and social indicators

09-12-2025 18:30 Two years into President Javier Milei’s government, a look at five key indicators and what they tell us about Argentina under the libertarian leader.

by Agustina Bordigoni

POLITICS & ECONOMY

Milei readies major reforms while markets await currency shift

09-12-2025 15:28 Argentina currently allows the currency to trade within a strict set of bands, a policy that has helped keep inflation in check. But analysts say it has also created an overvalued peso that is weighing on the economy.

AGRICULTURE

Argentina trims export duties for agricultural products

09-12-2025 14:28 Economy Minister Luis Caputo announces “permanent reduction” in export duties for soybeans, maize, wheat and other crops, including derivatives.

AGRICULTURE & ECONOMY

Milei cuts export taxes on Argentine soy, corn and wheat

09-12-2025 14:15 President Javier Milei’s government has reduced export duties on soybeans, corn and wheat.

AGRICULTURE

Biggest Argentina wheat crop on record drives logistics frenzy

05-12-2025 15:41 Wheat production is seen at 25.5 million metric tons – easily the most for a harvest since the start of the century.

NEW BOND ISSUANCE

Argentina announces return to international debt markets

05-12-2025 11:23 Dollar-denominated BONAR 2029N bond will carry a 6.5% interest rate and is the first such issuance since 2018.

BONDS & MARKETS

Argentina to sell local law bond in dollars amid Milei momentum

05-12-2025 11:12 So-called Bonar bond is due in November 2029, the Economy Ministry said on X. Part of the money will be used to cover upcoming maturities on sovereign debt

INTERNATIONAL MONETARY FUND

IMF sees Argentina meeting year-end reserves target challenging

04-12-2025 13:32 IMD admits Argentina's bid to build up its foreign reserves and meet end-year accumulation target will be “challenging.”

LOANS ON WAY?

Caputo: Argentina negotiating loan of up to US$7 billion with banks

03-12-2025 23:33 Economy Minister Luis Caputo confirms negotiations with private banks are ongoing over an amount equivalent to US$7 billion.

BANKING & BUSINESS

Labour reforms revive tensions between banks and fintechs

03-12-2025 22:19 President Milei's upcoming labour reform plan is reviving longstanding tensions between the country’s banks and its fast-growing financial technology platforms.

OPINION & ANALYSIS

US Congress edges toward first-ever federal framework for digital assets

03-12-2025 16:21 As stablecoin rules take effect and the US Senate Banking and Agriculture Committees advance market structure drafts, lawmakers are targeting early 2026 for a floor vote on a first-ever federal digital asset bill.

MARKETS & DEBT

Argentina readies return to foreign bond market

03-12-2025 15:46 Argentina, the serial defaulter, wants to return to international bond markets; Approval of labour and tax reforms by new Congress could be the trigger.

POLITICS & GOVERNMENT

Milei’s ‘deep chainsaw’ targets 30,000 more public-sector lay-offs

03-12-2025 12:23 As of October, the number of state workers stands at 282,000 – the result of a wave of lay-offs that began in 2023 and ended with 58,000 jobs lost. The target is a workforce of 250,000 employees, with cuts eyed at the Cabinet Chief’s Office and state media.

ENERGY & GAS

Historic deal will see Argentina export Vaca Muerta gas to Europe for eight years

02-12-2025 20:24 Consortium of local companies selling via seaways finalises an eight-year agreement with one of the most powerful energy firms in the world.

by Ariel Maciel

ANALYSIS: SHOCK THERAPY

Milei’s election battle leaves Argentina’s banks at five-year low

02-12-2025 12:13 Banks in Argentina are struggling due to President Milei’s fierce push to tame the currency; Squeeze has forced bankers’ hands, triggering a sharp pullback in lending that could continue well into 2026.

ENERGY & GAS

Argentina notches first LNG sales deal as shale patch booms

01-12-2025 15:45 A consortium of natural gas producers led by Pan American Energy Group agrees to sell up to two million tons a year of LNG to Germany’s state-owned SEFE for eight years.

EU-MERCOSUR TRADE DEAL

Key European Union vote on Mercosur trade deal expected mid-December

01-12-2025 10:05 Vote by European Union member states on trade agreement with South American bloc expected to take place between December 16 and 19, according to reports, just ahead of Mercosur summit in Brazil.

STATE AIRLINE

Aerolíneas Argentinas adds 18 Boeing and Airbus aircraft to its fleet

30-11-2025 09:37 State airline, which currently operates 82 aircraft, will take delivery of two Boeing 737 Max 8 jets in 2026 and the rest between 2027 and 2029.

ANALYSING ARGENTINA

The tectonic fracture of Argentina’s economy

29-11-2025 05:20 This is a game-changer for Argentina’s economy, anticipated for years and slowly happening. Milei has contributed to this outcome, but it is not solely the result of his actions. He is, however, the President that – if he does things right – will benefit from it.

by Marcelo J. García

TELECOMMUNICATIONS

Agreement between Starlink and Telecentro expanded

27-11-2025 15:04 Firms owned by Alberto Pierri and Elon Musk extend commercial and strategic joint venture that they say will revolutionise the market.

EU-MERCOSUR TRADE DEAL

French Parliament reasserts opposition to EU-Mercosur deal

27-11-2025 12:08 Agreement proposes a transatlantic integration spanning more than 700 million people. Brazil’s Lula remains convinced that a final deal can be reached at the upcoming summit in December.

INVESTMENT & GEOPOLITICS

Chinese investment in Argentina tops US$23 billion, defying Milei’s alignment with Trump

26-11-2025 15:04 An X-ray of the Asian country’s investments in Argentina. Beijing not only financed but also constructed and purchased assets in the sectors which today are the motor of Argentina’s recovery, from Vaca Muerta shale to lithium in the north.

by Eugenia Muzio

ENERGY & GAS

YPF partners with Italy’s ENI to search for offshore oil in Uruguay

26-11-2025 11:57 Uruguay, through its state-owned oil company Ancap, has seven offshore areas with active exploration contracts held by international companies.

economic indicators

Economy grew 5% year-on-year in September, says INDEC

25-11-2025 21:41 Argentina's economy expanded more than expected in September, despite increased market turmoil caused by local and national midterm elections.

POLITICS & CORRUPTION

The absent leader strategy and Mr ‘Knee Head’

22-11-2025 06:30 There’s an unwritten rule in Argentina’s politics that sometimes the leader has to remain absent. Javier Milei and some of his top-level officials appear to have taken a page from that playbook.

by Agustino Fontevecchia

SUPPORT FOR MILEI

US banks shift from US$20-billion Argentina rescue, WSJ says

21-11-2025 17:23 US banks are putting a plan for a US$20-billion bailout for Argentina on the back burner and pivoting to a smaller US$5-billion short-term financing facility.

FREIGHT RAILWAYS

Grupo Mexico, major crop traders eye Milei rail privatisation in Argentina

20-11-2025 19:26 Upgrading the sprawling Belgrano Cargas network — which connects northern Argentina to Paraná ports — would help unlock extra soy and corn production and catalyse a slew of lithium and copper projects in the Andes.

ENERGY & GAS

Milei signs deal with Chubut to scrap export duties on conventional oil

20-11-2025 16:50 National government and Chubut Province sign agreement to eliminate export duties on conventional crude oil; Province will revise royalties and companies will maintain their investments.

SALARIES & WAGES

Study: Argentina has lowest minimum wage in dollars in Latin America

20-11-2025 15:50 Javier Milei’s pledge that “salaries in dollars will take off” after his election has run up against a harsher reality – real purchasing power is now lower than it was in 2001, finds study by CELAG think tank.

ANALYSIS: SHOCK THERAPY

Milei defies investor calls to build up foreign currency FX reserves

20-11-2025 11:18 Why the government is hesitant to build up international reserves, let the peso float and relax currency controls.

Foreign policy & diplomacy

US warns South Africa not to issue G20 statement at summit

19-11-2025 16:47 Argentina, a close ally of the US, has pushed back on references to both climate finance and global climate accords, according to government sources.

MARKETS & DEBT

Bond spree tops US$3.4 billion with Buenos Aires City sale

19-11-2025 16:31 Bond sale spree has spread into the public sector, with Buenos Aires City returning to global markets after almost a decade and bringing foreign debt issuance to almost US$3.5 billion in the past three weeks.

Economic indicators

Report: 276,000 formal jobs lost in 21 months of Milei

18-11-2025 16:18 Report by CEPA think tank details 276,000 jobs lost since start of Milei administration in December 2023; Study finds 20,000 firms – or close to 30 companies a day – have closed their doors over same period; Public administration and construction lead the decline.

ANALYSIS

Crime, economic woes push South American voters to right

18-11-2025 15:36 Reasons why South Americans are electing right-wing candidates this year differ in each country, but they’re all driving the region in the same political direction.

MARKETS

Hedge funds reap gains on Argentina bets as Trump steps in

18-11-2025 15:28 Hedge funds notched bumper gains in October after a US rescue package and a resounding win for President Javier Milei’s party in midterm elections.

ENERGY & GAS

Continental buys Pluspetrol shale field, says Luis Caputo

18-11-2025 08:54 Harold Hamm’s Continental Resources Inc is entering Argentina’s burgeoning shale patch, announces Economy Minister Luis Caputo.

CHILE ELECTION 2025

Chile assets soar as election paves way for right-wing president

17-11-2025 12:01 José Antonio Kast emerged victorious among a field of right-wing candidates whose supporters he’s now likely to pick up, positioning him as the favourite in the December 14 run-off. Jeannette Jara moved on to the second round but with fewer votes than expected.