News of economy

Doctors and university staff stage protest against Milei vetoes

Today 09:33 Protesters take to streets, calling on lawmakers to overturn presidential vetoes on funding bills for paediatric care and state universities.

CURRENCY WOES

Peso posts sharpest weekly fall since Milei took office

Today 09:12 Market rout follows ruling coalition’s defeat in Buenos Aires Province election; Sell-off deepens amid corruption scandal and doubts over October elections.

ELECTION 2025: ANALYSIS

How Milei raised the bar and paid the price in Buenos Aires Province

Today 06:54 The market and the political ecosystem, seems to have recalibrated its expectations, putting further financial pressure on the government.

by Agustino Fontevecchia

Editorial

An emperor needs new clothes

Today 06:38 Nationalising a provincial contest into a plebiscite and advance opinion poll emerges as a colossal error, even if some argue that without the presidential figure La Libertad Avanza would have fared even worse.

ECONOMY – ANALYSIS

Argentina let peso plunge and then stepped in to contain losses

Yesterday 11:13 Milei administration allowed peso to weaken this week, while simultaneously moving to prevent the rush out of the currency from turning into a stampede.

IMF DEBT PROGRAMME

IMF offers Milei backing, hails progress on inflation, fiscal reform

11-09-2025 14:25 IMF praises Milei inflation drop, cautions over market volatility; No immediate concerns over peso intervention, says Fund spokesperson.

ECONOMY – ANALYSIS

Inflation undershot forecast before Buenos Aires Province vote

10-09-2025 21:37 Monthly inflation climbed less than expected, rising 1.9% in August from July.

DEBT AUCTION

Argentina posts strong debt auction after local vote fuelled rout

10-09-2025 19:05 Milei administration rolls over more than 91% of peso-denominated notes, selling a total of 6.6 trillion pesos (US$4.7 billion) in government notes.

Uruguayan politics

Uruguay’s finance minister shuns chainsaw for modest tax hikes

10-09-2025 15:50 Orsi government lays out plans to lower budget deficit through tax increases early in its term to avoid politically contentious spending cuts or additional levies later down the line.

ANALYSIS: SHOCK THERAPY

Axel fuels investor fear after Milei’s big loss

10-09-2025 13:14 For investors, the anti-Milei has emerged – and he is worsening market jitters in Argentina.

POLITICS & ECONOMY

‘Not a millimetre’: Milei vows no shift in policy as IMF offers support

10-09-2025 11:00 Following damaging electoral defeat and resulting market jitters, President insists his economic reform plan will continue unchanged.

POLITICS – ANALYSIS

Milei’s ‘boss’ becomes liability after brutal loss

09-09-2025 13:44 A humiliating election defeat is forcing President Javier Milei to face up to a series of political miscalculations – chief among them, his reliance on his beloved sister.

ECONOMIC FALL-OUT

Morgan Stanley’s flip-flop shows speed of crisis ensnaring Milei

09-09-2025 09:47 It took less than a week to make Morgan Stanley abandon its bullish call on Argentina.

ENERGY & GAS

Report: Argentina set for century-high oil output, record gas production

08-09-2025 17:51 Rosario Board of Trade report highlights Vaca Muerta’s role in driving production and widening of energy trade surplus.

WORLD ECONOMY

BRICS leaders denounce protectionism, tariff 'blackmail'

08-09-2025 14:40 Several BRICS members are among those most affected by what Lula referred to Monday as "tariff blackmail" and "unjustified and illegal" trade practices.

ELECTION 2025: Buenos Aires Province

Peso, stocks fall – markets react to Buenos Aires Province vote

08-09-2025 14:10 Argentine stocks crash, peso slumps and country risk rating soars after Peronist victory in Buenos Aires Province.

ELECTION 2025: Buenos Aires Province

Assets plunge as Buenos Aires Province voters rebuke Milei

08-09-2025 13:21 Argentina’s currency, bonds and stocks plunge after President Javier Milei’s party suffered a landslide defeat in key Buenos Aires Province election.

ELECTIONS 2025: BUENOS AIRES PROVINCE

Milei faces tough Buenos Aires Province test as voters go to polls

07-09-2025 09:55 President is hoping a victory or strong performance for his La Libertad Avanza alliance in the nation’s most-populous region will help wipe away the mess of several ongoing political storms.

GOVERNMENT LIE

Milei government admits its audit of soup kitchens never existed

06-09-2025 10:22 Milei government acknowledges in an official document that it lied: audit that found that 50% percent of community kitchens were ‘phantom’ in fact never existed. Admission was made in response to request by deputy Natalia Zaracho.

ELECTIONS 2025

‘Mother of all battles’: Milei faces first true electoral test in Buenos Aires Province

06-09-2025 07:36 Key election in Buenos Aires Province tomorrow; Milei administration, beset by scandal, seeks strong showing in opposition stronghold; Markets watching closely.

Editorial

The curtain rises

06-09-2025 07:16 The main contenders have sought to inject more importance into this election by nationalising the dispute, subordinating its result to a greater game, but this has only deepened the impoverishment of the debate.

ANALYSING ARGENTINA

The endogenous crises of Javier Milei

06-09-2025 07:13 The crises the government is suffering from are endogenous – their origin lies in Milei and his team’s decision to fly solo with their economic and political strategies.

by Marcelo J. García

ELECTIONS 2025: BUENOS AIRES PROVINCE

Milei targets Peronist heartland in high-stakes vote

05-09-2025 09:11 President Javier Milei is fighting to keep his libertarian revolution alive in the highest-stakes election since he took office.

MILEI IN AMERICA

Milei jets up to Hollywood to meet Milken before crucial vote

04-09-2025 11:40 President Javier Milei will meet a billionaire Michael Milken in Los Angeles, just days before key elections in Buenos Aires Province.

BONDS & MARKETS

Buenos Aires City, Santa Fe Province weigh bond sales before midterms

03-09-2025 23:28 Buenos Aires City and Santa Fe Province are weighing international bond sales before the October midterms.

BILATERAL BANK SPAT

Milei government accuses Chinese bank of driving peso drop

03-09-2025 23:15 Finance Secretary Pablo Quirno points finger at a Chinese bank – without naming it – by saying it deliberately pushed down the peso’s value in trading on Monday.

EU-MERCOSUR TRADE DEAL

EU pushes ahead with bid to ratify Mercosur free-trade deal

03-09-2025 14:50 Agreement needs approval of the European Parliament and a qualified majority of its 27 member states.

EU-MERCOSUR TRADE DEAL

EU presents Mercosur deal for member states' approval

03-09-2025 11:23 Agreement would form a 700-million-customer free-trade area – the world's biggest – but it still faces opposition in Europe over agricultural concerns.

Analysis

Milei moves to aid peso as election roils markets

02-09-2025 17:37 Intervention is the latest bid to halt a sell-off that has rattled its financial markets.

INTERVENTION

Milei shifts course with Treasury intervention to stem peso slide

02-09-2025 14:30 Government moves to contain currency turbulence; Move comes days before key provincial election.

OIL & GAS

Uruguay to pitch pipeline route for Vaca Muerta’s natural gas

02-09-2025 14:25 Uruguay to pitch a natural gas pipeline through its territory that would link Argentina’s Vaca Muerta shale deposit with Brazil.

Foreign exchange policy

Milei to intervene in FX market as election jitters roil markets

02-09-2025 12:20 Finance Secretary Pablo Quirno says Treasury will participate in FX market to contribute to its “liquidity and normal functioning.”

BUSINESS

Pulp maker blames Milei as it seeks bankruptcy protection

01-09-2025 18:43 Pulp and paper manufacturer Celulosa Argentina SA files for bankruptcy protection, blaming "deep changes that the national government has implemented in fiscal, monetary and currency policy."

EU-MERCOSUR TRADE DEAL

EU to present Mercosur trade deal for member state approval

01-09-2025 13:40 Deal is backed by a wide majority of EU countries keen to diversify trade away from the United States, but France remains staunchly opposed.

MONETARY POLICY

Argentina again tightens FX rules for banks as peso strengthens

29-08-2025 13:33 Argentina increases foreign-currency restrictions for commercial lenders yet again as part of effort to support the peso and ease inflation.

ABOUT THE BRIBERY SCANDAL

Explainer: What to know about ANDIS audio scandal

28-08-2025 16:52 Burgeoning corruption scandal prompted by leaked audio recordings linking Karina Milei and other top officials to corrupt practices in the purchases of medicine for disabled people.

POLITICS

Milei calls bribery scandal a lie after facing ‘rain of rocks’

28-08-2025 16:22 “This week’s operation is nothing more than another item on the long list of tricks by the caste and, like all the previous ones, just another lie,” declares President in speech to business leaders.

Lithium in Latin America

Untapped lithium riches are in crosshairs of Bolivian candidate

28-08-2025 15:08 Jorge 'Tuto' Quiroga’s approach to lithium is much more dramatic than his centrist opponent Rodrigo Paz, who has vowed to seek consensus with local communities and regions.

BUSINESS & INVESTMENT

Alarm bell ring for investors amid graft scandal claims

28-08-2025 11:55 Members of so-called ‘círculo rojo’ business establishment concerned by possible consequences of recent scandal, which could slow desired influx of investment. What the top businessmen who defend the economic plan think about the future.

by Ariel Maciel

MONETARY POLICY

Argentina rolls over debt in relief for battered currency

27-08-2025 21:48 Government successfully rolls over large batch of local debt in auction; Milei administration has tightened monetary policy in past few weeks to defend peso.

MONETARY POLICY

Milei digs in to defend peso before midterm elections

27-08-2025 11:16 President Javier Milei is ratcheting up his defence of Argentina’s currency ahead of another massive local debt auction.

RIGI INVESTMENT INCENTIVE SCHEME

One year in, RIGI investor incentive scheme fails to take off

27-08-2025 09:18 One of President Javier Milei’s flagship policies, the RIGI incentive scheme for large investors, is not taking off – one year on from its launch, three projects have imported a mere US$26 million. Seven initiatives have been approved with 11 others pending and a Chinese rejection.

by Gonzalo Martínez

FEATURE

Yerba mate farmers feel the pinch as Milei ends price controls

26-08-2025 17:31 For decades, yerba mate farmers benefited from state intervention. Now, under President Javier Milei, many growers are struggling to survive.

TRADE & COMMERCE

Mercosur and Canada to resume talks over free-trade agreement

26-08-2025 10:26 Amid trade tensions sparked by Donald Trump's tariff war, Mercosur and Canada are set to resume negotiations on a free-trade agreement.

ECONOMIC POLICY

Argentina boosts its scrutiny of repo loans as peso slides

26-08-2025 10:10 Argentine authorities step up scrutiny of investor activity in repo loans, short-term financial instruments that have seen interest rates touch record highs amid a liquidity crunch at banks.

POLITICS

Pensioners on the frontline of politics

23-08-2025 06:44 It has become a Buenos Aires tradition – each Wednesday, baton-wielding riot police violently confront pensioners protesting against President Javier Milei’s policies.

POLITICS & CONGRESS

Milei’s veto of pension increase survives congressional vote

20-08-2025 23:46 Bill Milei vetoed would have boosted pension payments and risked the libertarian government’s budget surplus, highly prized by investors

ECONOMIC INDICATORS

Economy extends downturn in June before midterms

20-08-2025 23:12 Economic activity fell 0.7% from May, below economists’ estimates for a 0.2% dip.

ECONOMIC INDICATORS

Economic activity dropped 0.7% month-on-month in June

20-08-2025 18:30 Second monthly decline so far this year, but economic activity up 6.4% year-on-year, driven by financial services, wholesale, retail and repairs.