News of economy

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

Yesterday 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

Yesterday 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.

POLITICS & LABOUR

Court suspends Milei’s decree limiting right to strike

02-06-2025 15:17 Labour court upholds injunction filed by CGT labour federation against presidential decree limiting the right to strike.

TRADE WARS

Trump says he will double steel and aluminum tariffs to 50%

31-05-2025 10:35 US President Donald Trump says will double steel and aluminium import tariffs to 50% from next week.

Analysing Argentina

Milei chooses to ignore emerging consensuses

31-05-2025 06:23 With less than five months to the midterm vote, nothing seems to be standing in the way of a good result for the government. But Milei 2025 should already start thinking about Milei 2027

by Marcelo J. García

SCIENCE & TECHNOLOGY

El Eternauta protest: Scientists rally against Milei’s 'toxic' funding cuts

29-05-2025 09:24 Scientists across Argentina protest Milei’s ‘toxic’ defunding of research dressed as characters from El Eternauta, drawing attention to slashed budgets, mass lay-offs and the loss of young scientists.

BACK TO MARKETS

Argentina sells peso bonds abroad for first time since Macri era

28-05-2025 23:49 Milei government says it has raised US$1 billion in first peso-denominated bond issuance in nine years.

MARKETS

Argentina raises US$1 billion in peso-denominated bond issuance

28-05-2025 23:41 Milei government says it raised US$1 billion in a peso-denominated bond issuance, signalling confidence from international investors.

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.

NEW RULES

Limit on tax agency referral for shopping raised to 10 million pesos

28-05-2025 11:55 ARCA has raised the floor for consumer identification control; Shops in Argentina only now need to identify customers and report customers to the tax authorities if they spend over 10 million pesos.

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.

FOREIGN POLICY

Milei burnishes his Trump ties by hosting health chief RFK Jr

28-05-2025 11:26 Health & Human Services chief Robert F. Kennedy Jr. becomes second US Cabinet official to visit Argentina in recent weeks.

PUBLIC SECTOR EMPLOYMENT

Milei has cut 48,000 public-sector jobs since taking office

28-05-2025 10:18 President’s chainsaw slashes public-sector employment; Staff numbers have fallen 9.6% over the last 17 months, says Argentina’s government.

BACK TO MARKETS

Caputo confirms first peso-denominated debt sale in nearly a decade

27-05-2025 09:52 Argentina unveils first sale of peso-denominated debt in nearly a decade – a high-stakes test of international investor confidence.

MARKETS & BONDS

Argentina claims return to global markets with peso bond sale

26-05-2025 20:51 Argentina’s government will issue a five-year bond denominated in pesos that’s aimed at international investors who are allowed to purchase it in US dollars.

PRICE COMPLAINTS

Milei officials beef with Darín over price of a dozen empanadas

26-05-2025 20:43 Actor Ricardo Darín draws Milei administration’s ire by complaining about the price of a dozen empanadas.

Price of speaking up?

Empanada attack: Milei’s defenders slam actor Ricardo Darín

26-05-2025 16:53 Defenders of President Javier Milei’s government – including Economy Minister Luis Caputo – slam actor Ricardo Darín after he expresses concern over high prices in Argentina.

MILEI’S AUSTERITY MEASURES

Six provinces demand over US$9 billion from national government

26-05-2025 14:58 Provinces of Buenos Aires, La Pampa, La Rioja, Formosa, Santiago del Estero and Santa Fe – mostly all opposition controlled – are demanding US$9.376 billion in outstanding debt from President Javier Milei’s government.

by Gonzalo Martínez

Editorial

One small step or a giant leap?

24-05-2025 06:50 La Libertad Avanza’s triumph in the City has been celebrated as a virtual game-changer. Yet the cost of winning over the PRO electorate might have been starting to resemble that party.

MILEI'S MEASURES

Distrusting Argentines loath to bank their 'mattress dollars'

23-05-2025 18:08 Argentina's government estimates there are about US$200 billion so-called "mattress dollars" out there – five times the reserves of the Central Bank.

BUSINESS & INVESTMENT

Argentina signals to investors IMF cash to come despite reserves

23-05-2025 10:14 Argentina expects to receive a US$2-billion disbursement from the IMF next month, regardless of whether nation hits target for rebuilding foreign reserves.

POLITICS & LABOUR

Anger from unions as Milei expands limits on right to strike

22-05-2025 23:34 Civil society groups and trade unions in Argentina slam President Javier Milei's "unconstitutional" decree limiting the right to strike.

NEW MEASURES

Milei’s revamp lets Argentines send US$43,700 – no questions asked

22-05-2025 19:33 ARCA tax agency will stop collecting large swathes of information from citizens and businesses, ranging from used car and home sales to everyday supermarket purchases, starting Friday.

TIERRA DEL FUEGO

Patagonian province on war footing over Milei’s threat to industry

22-05-2025 16:06 Residents of the far-south province of Tierra del Fuego are fighting to save their jobs after President Milei delivered a blow to its local manufacturing activity.

POLITICS & LABOUR

Milei redefines essential services by decree, limits right to strike

22-05-2025 15:35 Argentina’s government tightens limits on right to strike and expands list of “essential services or activities” that must provide “minimum service” during industrial action.