News of milei economy

From chainsaw to pay rise: Ministers cash in despite Milei's austerity drive

Yesterday 13:33 Government decree lifts top officials’ wages to over eight million pesos a month, fuelling debate over austerity promises; Salary surge contrasts with Javier Milei’s pledge to cut political privilege.

by Gustavo Winkler

Congress approves glacier law in win for Milei and copper miners

Yesterday 11:42 Reform, which miners had lobbied for, gives provincial governors control over deciding whether a glacier or permafrost formation is a key source of water downstream. If the provinces decide they aren’t, miners can exploit them.

Congress to debate easing glacier protection law to boost mining

08-04-2026 10:52 Activists and demonstrators are set to take to the streets later today in protest at debate over changes to Argentina's National Glacier Law.

Argentines plunge into debt for bills, cars and birthday parties

08-04-2026 09:59 Improved access to credit has been a notable shift, but a new problem has emerged: the growing number of borrowers struggling to repay debts.

Ex-Wall Street trader attempts distressed M&A turnarounds in Milei’s Argentina

06-04-2026 14:22 After years trading securities in New York, Esteban Nofal’s hunt for returns has brought him home to Argentina.

Milei meets Kast after failed arrest of Chilean ex-guerrilla

06-04-2026 13:36 Argentina’s President hosts Chilean counterpart in Buenos Aires as ties deepen; Visit overshadowed by failed arrest of ex-guerrilla wanted by Santiago as leaders seek closer political and economic alignment.

Argentina to maintain petrol prices in shift for free-market Milei

02-04-2026 12:11 Argentina’s state-run energy firm YPF SA will keep petrol prices at the pump steady for 45 days, says state energy firm's CEO Horacio Marín.

YPF shares soar to 15-year high on Wall Street after court ruling

01-04-2026 10:47 State energy firm’s share price surpasses US$48, returning to pre-nationalisation levels, against a backdrop of a sharp rise in crude oil prices; Surge driven by a combination of global factors and positive local developments following New York court ruling that has reduced uncertainty surrounding the firm.

Oil surge elicits tough love from Trump’s Latin American allies

29-03-2026 10:23 The crisis in the Strait of Hormuz is rippling beyond Asia. Though Latin America is far from the key oil and gas artery that’s been mostly choked off by Iran, it’s still heavily exposed to oil price volatility.

Argentina’s US$150-million bond sale prices risk after Milei’s term

28-03-2026 18:58 Argentina sells US$150 million of a bond denominated in dollars; Government gauges investor appetite for financing beyond Milei's first term.

Argentina rating upgrade hinges on reserve build-up, Fitch says

27-03-2026 10:29 Argentina’s path to a credit rating upgrade depends on the sustained build-up of foreign-currency reserves, says top exec at Fitch Ratings.

Caputo cheers ‘all-time high’ as INDEC data shows rise in economic activity in January

26-03-2026 21:34 Milei and Caputo cheer news that economy grew in line with expectations; Activity in first month of the year up 1.9% year-on–year, by more than 8% from two years ago.

Interest rates collapse in Argentina with Milei stockpiling dollars

19-03-2026 14:02 President Javier Milei’s willingness to let interest rates sink — rather than hatch some plan to offset those transactions — has caught the attention of investors and analysts.

Argentina posts highest fourth-quarter unemployment since pandemic

18-03-2026 22:24 Argentina’s unemployment rate rose to 7.5% in fourth quarter of 2025; at the end of last year; Formal private sector has lost over 200,000 salaried jobs since Milei took office.

Officials at NYC roadshow tell investors Argentina is ‘fertile ground’

12-03-2026 20:19 Milei slams two business leaders at three-day promotional roadshow in New York; President defends actions of the US and Israeli administrations in Middle East and calls for investors to step up.

Argentina posted higher-than-expected inflation ahead of Iran war shock

12-03-2026 17:17 Monthly and annual inflation readings both came in higher than expected in February, before the war in Iran put upward pressure on oil prices.

Chevron sees ‘more to be done’ by Milei to boost shale boom

10-03-2026 21:35 Milei is expanding a programme to attract foreign investments, now including new shale oil projects, but a top executive at Chevron says more needs to be done.

Milei slams business critics as he opens Argentina roadshow in NYC

10-03-2026 16:37 Milei dismisses Techint CEO Paolo Rocca and Javier Madanes Quintanilla, the owner of the recently shuttered Fate tyre manufacturer, as businessmen seeking favours from governments.

CGT challenges part of Milei labour reform in court

09-03-2026 09:38 CGT files lawsuit asking for implementation of Milei's labour reform to be suspended.

Wheels within wheels

07-03-2026 06:46 Milei’s insults only served to lend importance to the fading force of Kirchnerism, perhaps a deliberate strategy to preserve an electoral opponent virtually guaranteeing him victory.