Javier Milei is resolute in his ambition to transform Argentina into a technology hub, actively traversing the globe to advocate for the nation’s benefits: extensive land, abundant water resources, low energy costs, and the assurance of a legal framework designed to meet the requirements of significant digital enterprises as they establish data-storage infrastructure. Data centers … Read more
Hydrocarbon production in Argentina commenced in 1922 with the establishment of Yacimientos Petrolíferos Fiscales, recognised as the world’s inaugural state-owned oil enterprise. More than a century later, the nation’s energy sector is poised to embark on its most prosperous era to date. “Fifteen years ago, Argentina was a country with oil, and there was not … Read more
Argentina’s National Audit Office, the public-sector oversight entity, has expressed concerns regarding the administration of the Central Bank of Argentina under the leadership of Santiago Bausili, who is a close associate of Economy Minister Luis Caputo. In its most recent examination of the financial statements of the Central Bank, the source reported that transactions involving … Read more
Airport taxes have been raised for more than 30 airports in Argentina by the National Airport System Regulatory Authority (ORSNA, in Spanish). When the policy goes into force in 60 days, it will affect how much plane tickets cost in the end, depending on the route taken and the airport used. Jorge Newbery Airport (Aeroparque), … Read more
A push by President Javier Milei’s administration to get Argentine banks “banking again” is losing momentum, as lenders are once again relying on government bonds for profit. This shift occurs amid a slowing economy and elevated delinquency rates that are impacting their traditional business operations. Earnings from government securities at commercial banks constituted approximately 56 … Read more
A consortium of firms from Argentina, Brazil, and the Netherlands has secured 90% ownership of the public water and sanitation utility company Agua y Saneamientos Argentinos, as announced by the government on Thursday. The bid in the tender amounted to US$340 million. The news indicates that the company, which supplies running water service to the … Read more
Argentina has aligned itself with the United States and 13 other economies, including the European Union, in releasing a joint statement that advocates for measures to tackle structural excess capacity and production issues in critical manufacturing sectors. The statement, announced by the US Trade Representative’s office on Wednesday, was signed during a meeting of the … Read more
Market analysts concur that the Argentine economy is projected to expand at a rate significantly lower than previously anticipated in 2026, with numerous assessments indicating that the economy may already be experiencing a recession. Those conclusions arise from the September Market Expectations Survey (in Spanish, REM), a monthly poll conducted by the Central Bank. The … Read more
Flybondi has initiated insolvency proceedings after enduring a prolonged crisis that culminated in the airline’s total operational paralysis. The filing was completed last week, and the court responsible for adjudicating the matter was assigned on Monday. There remains an absence of resolution regarding the company’s future trajectory. The low-cost carrier has experienced a 57-day hiatus … Read more
At the outset of the year, Economy Minister Luis Caputo asserted on multiple occasions that Argentina would experience its “best 18 months” in “recent decades” during the period spanning May to June 2026. With only three months remaining until the conclusion of the year, that economic bonanza is, however, far from being reflected among the … Read more
