News of economy

EU Parliament refers Mercosur trade deal to bloc's top court

Yesterday 11:16 The European Union's parliament votes in favour of asking top court to determine whether the deal is compatible with the bloc's rules.

Venezuela looks to woo US oil majors with new US-educated investment czar

20-01-2026 18:34 Interim leader Delcy Rodríguez names US-educated banker Calixto Ortega Sánchez as new head of Venezuela's main investment agency, an apparent overture to US investors.

Milei’s relentless chainsaw – the great campaign promise he kept

19-01-2026 21:07 Several of the grandest presidential commitments made by Argentina’s President on the campaign trail in 2023 have been shelved and apparently forgotten: dollarisation, the implosion of the Central Bank and the total eradication of inflation. Without support from the IMF or the United States, those objectives would have proved unviable. But there is one point nobody can dispute: the fiscal surplus. In scarcely two years, the government has reversed a historic deficit with the deepest austerity since the return of democracy. But the discussion still pending is the political, social and institutional cost.

by Carlos Burgueño

IMF projects economy will grow 4% in 2026 and 2027

19-01-2026 13:56 IMF confirms positive outlook for Argentina; Economy expected to grow 4% over next two years.

EU inks South America trade deal after 25 years of negotiations

17-01-2026 14:46 Two blocs sign one of the world’s largest free-trade agreements, clinching a deal that has been in the works for more than two decades.

Mercosur to ink long-awaited trade deal with European Union

17-01-2026 09:34 South American bloc Mercosur and the European Union will sign a deal later today that has been 25 years in the making; It will create one of the world's biggest free-trade areas at a time of growing protectionism and volatility.

In Argentina, Trump tests whether money, not force, can win over Latin America

15-01-2026 11:09 Argentina holds clues about how successful US President Donald Trump's so-called “Donroe Doctrine” may ultimately be.

EU-Mercosur deal: How Europe and Brazil differ on pesticides

15-01-2026 09:48 Sweeping free-trade agreement, set to be signed on Saturday, reignites debate over pesticides banned for European farmers but widely used in Latin America.

World Bank trims Argentina’s 2026 GDP forecast to 4%

13-01-2026 21:09 Multilateral lender attributes slower growth prediction to domestic political uncertainty during the electoral period.

Inflation accelerated more than expected in December

13-01-2026 16:48 Inflation in Argentina accelerated more than expected and for a fourth straight month in December.

Milei still props up peso despite looser trading rules

13-01-2026 13:09 President Javier Milei is sticking with his core approach: intervene, manage and prop up the peso, in an effort to keep inflation down. 

Argentina used multilateral funds to repay US$2.5 billion US swap

12-01-2026 23:39 Milei government secured financing from an unnamed multilateral institution to repay US$2.5 billion to the US Treasury from a currency swap agreement.

EU-Mercosur trade deal will be signed January 17, confirms foreign minister

09-01-2026 17:48 "The good news continues" – Argentina’s government celebrates EU greenlight for Mercosur trade agreement; Milei, Minister Caputo and Quirno join in the celebrations.

European Union approves free-trade agreement with Mercosur

09-01-2026 13:36 Greenlight clears the way for Ursula von der Leyen to travel to Asunción, Paraguay, to sign the sweeping trade pact.

EU-Mercosur deal wins approval after overcoming French opposition

09-01-2026 09:37 Majority of the European Union's 27 nations backed the pact at an ambassadors' meeting in Brussels.

Argentina construction posts largest monthly drop of 2025

09-01-2026 09:03 Argentina’s construction sector posted its largest monthly decline of last year after crucial midterm elections, with activity down 4.1% in November compared to October.

Santander, BBVA, Deutsche lead US$3-billion repo for Argentina

07-01-2026 13:35 Argentina secures US$3-billion loan from a group of international banks to help cover a foreign debt payment; Central Bank reaches a one-year repurchase agreement – or repo – with lenders at rate of 7.4%.

Germany 'very confident Italy will now agree' to EU-Mercosur trade deal

07-01-2026 13:20 German government spokesman Stefan Kornelius tells reporters that EU is "very confident that Italy will now agree to Mercosur agreement."

Italy plans to back Mercosur, paving way for EU trade deal

05-01-2026 18:25 Deal can pass without support from France and just needs a qualified majority of the EU’s 27 member states. 

Harold Hamm’s Continental expands push into Vaca Muerta shale

05-01-2026 10:51 Harold Hamm’s Continental Resources to buy assets in Argentina from Pan American Energy, expanding its push into the Vaca Muerta shale basin.