Blue Dollar 
Quick context: why your cash plan matters Argentina’s exchange landscape changes quickly. The “blue dollar” street rate can diverge from official rates, which means the way you access pesos influences what you actually pay. A small amount of planning before you fly protects your budget and makes daily purchases smoother. Step 1: set your week … Read more
Former US Treasury secretary Lawrence Summers cautioned that US President Donald Trump’s policies could lead the US down a trajectory akin to that of post-war Argentina, which transitioned from a relatively advanced developed nation to an economic underperformer. “Argentina went completely off track because of decisions made in a few years by an elected — … Read more
Francisco González Galé was pleasantly surprised by the sense of belonging he experienced while fulfilling his children’s desires earlier this year with a trip to Walt Disney World in Orlando, having traveled from Buenos Aires. The 46-year-old Argentine lawyer previously traveled to the US once every few years; however, he has already made two trips … Read more
Twenty months into President Javier Milei’s tenure, during which he promised to spearhead a free-market revolution in the so-called sick man of South America, the agricultural sector is encouraging him to advance his agenda further. This encompasses Rubén Artigues and his orchards located in the La Buena Moza region, situated two hours northwest of the … Read more
Vaca Muerta shale oil-drilling will slow as companies cut spending. Oil-drilling activity in Argentina’s Vaca Muerta shale patch is anticipated to decline in the short term as firms curtail expenditures, according to the chief executive officer of the region’s largest crude producer YPF SA. “We might have to pull out a couple of fracking crews,” … Read more
The recently published staff report on Argentina from the International Monetary Fund (IMF) indicates that the national administration under President Javier Milei is dedicated to implementing extensive reductions in social policies and altering the methodology used to calculate inflation. Last week, the lender of last resort sanctioned a US$2 billion disbursement to the country, as … Read more
A study conducted by the Rosario Stock Exchange (BCR) projected that the reduction in withholdings announced by President Javier Milei last week, along with the elimination of the exchange rate gap since April, will lead to an increase in production in the Argentine countryside by approximately 13 million tons. In a decade, this would result … Read more
The former president violated July court restraining orders by protesting in Copacabana on Sunday. On Monday, Brazil’s Supreme Court mandated that former President Jair Bolsonaro be placed under house arrest due to his “repeated failure to comply with precautionary measures,” while also prohibiting him from receiving visitors. The ruling by Alexandre de Moraes, a judge … Read more
President Javier Milei on Monday exercised his veto power against a law sanctioned by Congress aimed at enhancing pensions for the elderly and disabled, contending that it would compromise his efforts to achieve fiscal equilibrium in Argentina. It marks the second occasion since August 2024 that Milei, who identifies as a “anarcho-capitalist,” has obstructed a … Read more
Milei’s immigration reform allows any foreign national to become a citizen if they make a ‘significant’ investment, although there is no minimum value. Foreign nationals making substantial investments in Argentina will qualify to apply for Argentine citizenship. On Thursday, the government promulgated a decree detailing the regulations for the newly established program, a component of … Read more