AGRICULTURE & ECONOMY Argentina has surplus harvest, but farmers want more from Milei 22-06-2024 09:03 Farmers are delaying agricultural sales as they wait for President Javier Milei to eliminate taxes and exchange barriers.
ENERGY & GAS YPF plans sweeping asset sale to focus on Argentina shale 07-02-2024 11:38 Argentina’s biggest oil company, state-run YPF SA, is planning a sweeping asset sale to sharpen its focus on shale production and boost its share price.
MILEI (AND MACRI) VERSUS AFA Milei moves to allow privatisation of Argentina’s football clubs 21-12-2023 15:40 AFA and sporting institutions ready to challenge libertarian leader’s move; President intends to let clubs “take it or leave it,” says official. by James Grainger
BLOOMBERG Milei taps oil vet to run state energy firm YPF 23-11-2023 14:48 Milei plans to tap Horacio Marín, a 35-year industry veteran who has worked in the US and South America, to become president and chief executive officer of YPF SA.
MARKETS Argentina investors cheer Milei victory, brace for peso sell-off 20-11-2023 00:37 Investors cheered libertarian economist Javier Milei’s bigger-than-expected win in Sunday’s presidential vote and his pledge to usher in a radical remake of South America’s second-largest economy.
BUSINESS Brazil’s Itaú sells Argentine unit for US$50 million to Banco Macro 25-08-2023 12:59 Itaú Unibanco Holding SA closes binding agreement for the sale of its Argentine unit to Banco Macro for around US$50 million.
BANKING & BUSINESS Banco Itaú in ‘preliminary’ talks to sell Argentine arm to Banco Macro 06-06-2023 12:07 Banco Itaú, one of the largest banks in Latin America, is considering closing its operations in Argentina; Statement confirms “preliminary negotiations” with Argentina’s Banco Macro.
ECONOMIC OUTLOOK Massa team on alert amid accelerating Central Bank reserves sales 22-11-2022 16:53 Argentina’s Central Bank had to sacrifice almost US$200 million in operations on the foreign exchange market last week.