Argentina refuses to negotiate YPF shares with Burford

Argentina refuses to negotiate YPF shares with Burford

Argentina has decided not to engage in negotiations with Burford Capital, the firm spearheading the collection of a US$16-billion judgment against the South American country, as stated by a spokesman for President Javier Milei during a press briefing on Friday. The spokesperson, Manuel Adorni, refuted claims that the government engaged in any clandestine discussions. “Argentina … Read more

Trump administration supports Milei government.

Trump backing Argentina’s legal move to halt YPF share handover

In the context of the ongoing debate surrounding the prospective transfer of YPF shares as a settlement for a US$16-billion judgment linked to the expropriation of the oil company, the United States government has declared its intention to intervene in court to provide support for Argentina. The administration of US President Donald Trump is preparing … Read more

Argentina's Banks Struggle with Liquidity

Milei reinforces his hold over Argentina’s peso-flooded currency market

The economic team of the President conveys a clear message to the market regarding its firm control over Argentina’s money supply, which is essential for combating inflation, stabilizing the peso, and maintaining his elevated approval ratings. Investors in Argentina have started to foresee a nuanced shift in policy as President Javier Milei appears to relax his … Read more

Cambio - Casinos

Anonymous Casinos Are the Digital Twin of the Cuevas

In a city with a volatile economy, you might walk down a busy street and hear a hushed, repetitive chant from a person standing near a doorway: “cambio, cambio, cambio.” Exchange. This is the sound of the unofficial financial system. Should you follow them, you won’t enter a bank. You’ll find yourself in a back … Read more

Javier Milei

Argentine inflation maintains 1.6% in June

In June, Argentina experienced a 1.6% increase in consumer prices, reflecting a positive outcome for President Javier Milei’s economic programme. According to the official figures released on Monday by the national statistics agency INDEC, the annual inflation rate stands at 39.4%, with a notable increase of 15.1% in prices during the first half of the … Read more

Government expenditure at 10-year high

First half of year: Government expenditure at 10-year high

The Argentine Public Budget Association reported that the government spent more than usual in the first semester. It is plausible that the government may experience a funding shortfall in 2025. At the midpoint of the fiscal year, there has been a marginal overspend relative to the historical budgetary average. If this trend persists, it will … Read more

BCRA Rules Are Blocking Banks from Going Digital

There’s always something odd about the way things work around here, especially when it comes to money. You walk into a bank, and they tell you they’ve frozen crypto-related activity. Another one says they won’t open a digital account for you unless you already have an existing product. Meanwhile, others in line scroll through Telegram … Read more

Argentina Economy

June Sees 2.1% Surge in Buenos Aires Prices

Inflation on the Rise: Housing, Transport, and Financial Services Push Costs Higher In June, monthly inflation in Buenos Aires increased to 2.1 percent, as reported by the official statistics bureau of City Hall. The figure reflects a half-point decrease from the previous month, during which consumer prices experienced a rise of 1.6 percent. In April, … Read more

Currency

Why Mixing Crypto And Fiat Makes Sense In 2025

If you’ve kept up with changes in the financial world over the last few years, you’ll know that cryptocurrency has been experiencing a major movement. When it first came on the scene, it was a novel concept that not everyone was interested in. Now, cryptocurrency is one of the most groundbreaking and popular financial concepts … Read more