The European Union announced on Monday that a free-trade agreement with the South American bloc Mercosur will provisionally take effect on May 1, despite an ongoing court ruling regarding its legality. The significant agreement to remove tariffs on over 90 percent of trade between the two blocs has sparked division in Europe, with France at … Read more
In the fourth quarter of the previous year, Argentina’s labour informality rate was recorded at 43 percent, indicating that over four out of ten workers are engaged in employment that lacks the protections of applicable labour, tax, and social security laws. The INDEC national statistics bureau announced on Wednesday that the unemployment rate increased to … Read more
In a closing speech at the CPAC summit in Hungary on Saturday, President Javier Milei asserted that “Argentina is in a position to guarantee Europe’s energy security.” The remarks followed a meeting between the head of state and his ally, Hungary’s Prime Minister Viktor Orban, a far-right leader who is preparing for an election later … Read more
President Javier Milei derided his detractors on Friday following the release of data, which indicated that Argentina’s economic activity grew by 4.4 percent in 2025. The year-on-year increase in gross domestic product in 2025 was propelled by increases in private consumption (7.9 percent), public consumption (0.2 percent), exports (7.6 percent), and gross fixed capital formation … Read more
Argentina has relaxed its regulations concerning pharmaceutical patents, removing a series of restrictions on foreign products that have been in place since 2012, thereby facilitating imports. The alteration was executed in accordance with a pact established with the United States government. On Wednesday, the Argentine government rescinded a 2012 resolution that outlined the procedures for … Read more
In the final quarter of 2025, Argentina experienced an increase in unemployment, reaching 7.5%. The figure stands at 1.1 percentage points above the corresponding period of 2024 and nearly 2 points higher than late 2023, according to a recent report from Argentina’s statistics institute INDEC. The figure stands in stark contrast to the growth of … Read more
The United States Court of Appeals for the Second Circuit has approved a motion submitted by Argentina, seeking to delay the discovery process related to the 2012 expropriation of the state-owned energy company YPF until the resolution of the country’s appeal in the matter. The ongoing dispute arises from the protracted legal conflict that Argentina … Read more
Argentina’s unemployment rate increased to 7.5 percent at the conclusion of the previous year, marking the highest fourth-quarter figure since the Covid-19 pandemic, as job losses intensified prior to the passage of a significant labour reform by Javier Milei’s administration last month. The jobless rate in Argentina’s formal sector increased for the first time in … Read more
“The world is no longer the same” since February 28, when the United States and Israel launched coordinated surprise airstrikes on Iran, acknowledges Tehran’s leading diplomat in Buenos Aires. In an exclusive interview with Perfil, Mohsen Soltani Tehrani, Iranian chargé d’affaires in Buenos Aires, emphasizes what he characterizes as the “historic” nature of the Islamic … Read more
Despite the presence of related propaganda disseminated through various government social media channels, the novelty went largely unremarked. Nevertheless, it was a crucial announcement with multiple interpretations – one interpretation is that President Javier Milei’s government is reactivating the most important public works project in the country; another, and perhaps the most significant, is that … Read more