The Argentine Patagonia region is poised to become the primary driver of new employment opportunities in the forthcoming years, fueled by substantial oil and mining investments promoted by President Javier Milei’s administration, as indicated by the latest report from the Fundación Mediterránea think tank. The southern part of the country region emerges as the primary … Read more
Uruguay and Argentina report advancements in negotiations aimed at resolving a dispute concerning a multibillion-dollar green hydrogen facility proposed on the Uruguayan side of a jointly held border river. Argentina’s Foreign Minister Pablo Quirno visited Montevideo for a second meeting with his Uruguayan counterpart Mario Lubetkin within a six-month period to deliberate on the US$5-billion … Read more
In pursuit of its objective to uphold the fiscal surplus, Javier Milei’s administration is set to introduce a substantial rise in fares for nationally regulated trains and buses beginning in May, with total increases reaching as high as 90% in the ensuing months. Government officials articulated their objective to transition towards a “more organized, efficient, … Read more
Recent private surveys indicate that consumer spending remains stagnant, raising concerns about the economic recovery that President Javier Milei has been forecasting for the upcoming months. In April, retail sales experienced a decline of 3.2% compared to the same month last year, and a decrease of 1.3% relative to the preceding month, as reported by … Read more
Argentina’s recent credit upgrade is stimulating speculation that the nation may have another opportunity to access international markets following a missed chance in early 2026. According to investors, Fitch Rating’s decision to elevate the country’s credit score to ‘B-‘ may drive spreads back toward the multi-year lows observed in January. President Javier Milei may find … Read more
May 1 represented a significant milestone in South American history, as a segment of the trade agreement between the regional bloc Mercosur and the European Union, which had been under negotiation for more than twenty years, finally came into effect. The agreement represents a significant advancement in enhancing Mercosur’s export capabilities, facilitating Argentina, Brazil, Uruguay, … Read more
President Javier Milei’s administration aims to convey a sense of unity in the face of the political turmoil involving Cabinet Chief Manuel Adorni. In a lengthy Cabinet meeting on Thursday at the Casa Rosada, the President and his sister, influential Presidential Chief-of-Staff Karina Milei, expressed their public support for the official, despite the increasing allegations … Read more
Following seven months of rising monthly inflation, it appears that prices may have finally paused in April, as reported by private consulting firms. According to their estimates, April’s price increase is projected to be between 2.4% and 2.6% month-on-month — marking the first monthly slowdown in 11 months. Statistics institute INDEC will release official figures … Read more
Billionaire businessman Paolo Rocca is set to resign from his position as CEO of Tenaris SA, the Techint Group entity focused on the production of steel pipes for the oil sector. The company has announced that the Italo-Argentine billionaire will be succeeded by the current chief operating officer Gabriel Podskubka, marking the group’s most substantial … Read more
The exponential growth of the unconventional oil fields in Vaca Muerta, Neuquén, stands out as one of the most significant economic developments during the Milei presidency. The data presents a compelling case, especially within the oil sector. In the first quarter of 2026, the sector experienced a year-over-year growth of 16.2%, as reported by the … Read more