Drilling starts

The Argerich exploratory well will have more than 2,500 metres of drilling. It will be the deepest in the country’s history. The discovery of crude oil is key for Argentina’s …

Goldman, Barclays…

Some of Wall Street’s largest banks are set to visit Argentina just as Javier Milei tries to come back from a massive defeat in Congress. Representatives from Goldman Sachs Group …

Spending cuts

The International Monetary Fund said that Argentine President Javier Milei’s decision last week to water down spending cuts in his sweeping reform bill in an attempt to get it through …

Copper mine

Canadian entrepreneur Rob McEwen is in talks to raise about US$100 million for a copper project in Argentina, at a time when miners are betting that deregulation by the new …

Economic measures

Economy Minister Luis Caputo declared Tuesday that Argentina’s new government “is facing the worst inheritance” in the country’s history. With “Argentines increasingly poor” and soaring consumer prices piling further misery …

Positive results

The company reported results from exploratory wells N°10 and N°11 at its Rincón Oeste lithium project in Salta. In the first well the samples collected ranged between 245 and 366 …

What a scorcher

While this city sweltered throughout the week with no rainfall to interrupt the heatwave, there was no refuge to be found taking summer holidays elsewhere in the country – temperatures …

Tourism in Argentina

Nearly half a million foreign travellers took trips to Argentina in the first two weeks of the year – a massive 33.5-percent increase on the same period last year. In …

Not for anyone

Impossible to tell at press time when, where and how the ongoing marathon Congress session over the omnibus reform bill would end but it is already worth questioning whether it …

New version

President Javier Milei’s government has presented to national deputies a new version of the so-called ‘Omnibus Law’ eliminating over 100 articles in the course of negotiations with opposition sectors, reducing …

Consensus

The Argentine Synod’s National Commitee for Justice and Peace asked political candidates for a “political, social and economic agreement for governance”  in keeping with 40 years of restored democracy, pointing …

Argentine hostages

Foreign Ministry in Buenos Aires intensifies dialogue with countries in the Middle East region to secure the release of the captives being held by terrorists in Gaza Strip. Argentina’s government …

Massa or Milei

Bloomberg – Argentina’s top two presidential candidates, set to face off in a run-off election on November 19, have diametrically opposing views on everything, from economic to foreign policies, and …

Back to growth

The economy grew 1.3 percent in August as compared to the previous month, the INDEC national statistics bureau reported, while the year-on-year growth rate was 0.3 percent as against a …

Swifties & Milei

In the aftermath of the general elections, fans of the United States singer Taylor Swift called for a vote against libertarian run-off Javier Milei on the groups of his “hate …

FX rates

The hodgepodge of currency controls put in place in Argentina is likely in its last days. Libertarian, Javier Milei, and pro-business, Patricia Bullrich, two of the main contenders vying for …

Reconfiguration

Juntos por Cambio runs the risk of disintegration after Argentina’s 2023 election. Libertarian leader Javier Milei offered congratulations to PRO’s two territorial winners, Jorge Macri and Rogelio Frigerio in Entre …

Old guard vs upstart

Argentina’s election has seen a chainsaw-wielding, TikTok-savvy outsider take on an economy minister who has overseen record inflation and a tough-talking former security minister. The leading candidates were battling for …

YPF APPEAL

Argentina appealed September’s New York verdict sentencing the country to pay US$16 billion to the investment fund Burford Capital over the 2012 expropriation of YPF oil company. The appeal against …

‘Los Delincuentes’

Rodrigo Moreno’s Los Delincuentes has been selected as Argentina’s entry for the Oscars next year. The heist comedy-drama, starring Daniel Elías and Esteban Bigliardi, will hope to win a third statuette …