Caputo on the move
Economy Minister, Luis Caputo, made two surprise moves in his war on inflation – knocking the floor out of interest rates to bring down prices to approximately 80 percent and …
Final details
Geopark, one of Latin America’s leading independent oil companies, announced the negotiation of the final details of a deal to acquire a stake in an unconventional project in Vaca Muerta. …
Chinese base
President Javier Milei’s government is closely following the presence of the Chinese officials and soldiers at the Asian giant’s misterious space station in Neuquén Province, and plans to move forward …
Impressive progress
The International Monetary Fund has hailed the “impressive” progress made by President Javier Milei since taking office, despite Argentina’s ongoing economic woes. The remark, delivered by an IMF spokesperson at …
Water everywhere
Violent thunderstorms and torrential downpours were the story of the third week of March, especially of Tuesday, March 12, when more rain (125 milimetres) fell than the average total for …
Milei to meet Elon Musk
After months of online flattery and praise, President Javier Milei will finally met with billionaire businessman Elon Musk in the United States. Milei, 53, has flown to Miami late Wednesday …
Andes Project
Banco Santander officially opened the sale and assignment process of 55 conventional areas operated by YPF in six oil provinces: Chubut, Santa Cruz, Neuquén, Mendoza, Río Negro and Tierra del …
Rate cut
Argentina’s Central Bank unexpectedly cut its benchmark interest rate to 80 percent from 100 percent, as policymakers see monthly inflation cooling while the peso continues to strenghten against the US …
Scaled-back “Omnibus” reform bill
Government circulates new text of sweeping reform bill – now slashed by half to 269 articles – to regional power-borkers in bid to win support before it heads to Congress, …
HSBC sells Argentina division
Global bank HSBC has agreed to sell its Argentina division to financial services company Grupo Financiero Galicia for US$550 million as it focuses on core Asia operations. The final price …
YPF investment
Horacio Marín, CEO and president of YPF, announced during the presentation of the 2023 annual results how the new strategic plan of the oil company will be for the next …
New text
After the failure of the original bill in the Chamber of Deputies and progressing in talks with governors, the Government has started handing out the new text of the Omnibus …
Reform Plan
President Javier Milei intends to resumit his shelved reform package to Argentina’s Congress in December 2025, after midterm elections he expects will increase his party’s representation, according to an interview …
Dengue rise
The outbreak of dengue is gathering force in Buenos Aires Province in particular where 26 municipal districts have declared a state of alert while the number of cases (over 40,000 testing positive …
Washington pals
Economy Minister Luis Caputo met up with his Washington counterpart, a congratulatory Secretary of the Treasury Janet Yellen, at the G20 summit of economy ministers in Sao Paolo with International …
IMF talks
Argentina, IMF in talks about manouvers to deliver fresh cash to speed up its exit from capital controls. Argentina is talking with the International Monetary Fund about the outline of …
Currency controls
Javier Milei restores tradition of presidential visit to ExpoAgro exhibition and tells agricultural producers that inflation in February likely slowed to around 15%. President Javier Milei says currency controls in …
Groundwork
The country’s 23 governors were summoned to the Casa Rosada to discuss the steps leading to the “Pacto de Mayo”, announced by the President Javier Milei at his state-of-the-nation speech …
ExpoAgro in a new context
Although not part of the opening ceremony of the masive farm show “Expoagro YPF Agro 2024” in the delta town of San Nicolás, President Javier Milei was the star visitor …
Mercosur tensions
Uruguay rages against Argentina and Brazil Uruguayan president, Luis Lacalle Pou, slarns Argentina, Brazil governments for blocking his free-trade deal with China; Lula and Spanish PM Sánchez optimistic about long-trailed …