News of economy

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.

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. 

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.

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

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.

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

Glencore seeks incentives for US$13-billion copper mining projects

18-08-2025 16:46 Switzerland-based commodities firm Glencore files applications to have two copper projects with combined capital expenditure estimated at more than US$13 billion included in RIGI investment incentive scheme.

Argentina wins stay on YPF share transfer in US court battle

17-08-2025 08:59 Appeals court halts order to hand over 51% of shares in state energy firm as Argentina fights US$16.1-billion ruling in nationalisation case.

Milei vows to end Kirchnerism, lets rip at Kicillof during campaign rally

14-08-2025 21:24 President placed at front and centre of La Libertad Avanza’s electoral strategy in Buenos Aires Province as party leaders hope to transfer his national popularity to local election.

Seventeen years on, Sarmiento super-tunnel project canned

13-08-2025 23:42 After 17 years and with US$420 million of kit left underground, the Sarmiento underpass has been abandoned with its entrance sealed off, reports journalist Diego Cabot, after the firms in charge of the project and President Javier Milei’s government decided to pull the plug.

UNICEF: Girls in Latin America doing double domestic work of boys

12-08-2025 17:18 Amount of time dedicated to domestic work by adolescent girls in Latin America is almost double the time spent by boys, according to UNICEF study.

Exports to China down 15% year-on-year in first half of 2025

12-08-2025 17:06 Trade deficit with Asian giant is largest among Argentina's leading trading partners; it rose to US$5.227 billion during the first six months of this year.

by Agustina Bordigoni

Vontobel, Neuberger see opportunity in Argentina local bond rout

11-08-2025 15:44 Money managers are piling into Argentina’s local markets, seizing on the steep sell-off in the peso and domestic bonds.

Trump urges China to quadruple US soy buying, lifting prices

11-08-2025 08:52 Donald Trump says he hopes China will massively step up its purchases of US soybeans.

Congress pushes back after Milei’s three-veto strike

08-08-2025 14:07 Responding to presidential vetoes, lawmakers pass law to increase funding for universities and declare state of emergency for paediatric healthcare in Argentina.

Messi, Milei and Mickey Mouse are driving tourists to US

08-08-2025 11:40 Argentines are traveling in droves to the United States this year, bucking a sluggish overall trend of international tourism.

Driving and deliveries: Plan B for professionals and pensioners

01-08-2025 12:44 Transport and delivery platforms, linked to informal employment and not requiring a university education, are today drawing increasingly diverse profiles.

Peso posts worst month since Milei’s 2023 devaluation

31-07-2025 19:35 Peso tanked by more than 12% in July – worst monthly decline since Milei devalued it in December 2023. 

Banks face liquidity crunch as peso yields soar

22-07-2025 17:42 Interest rates on peso notes are soaring across the board, piling pressure on banks amid a liquidity crunch caused by government efforts to defend the local currency.

IMF to discuss Argentina amid US$20-billion programme’s first review

22-07-2025 17:16 International Monetary Fund to discuss first review of Argentina’s US$20-billion programme during an informal meeting between staff and executive board on Tuesday, according to a person familiar with the matter.