Grassi SA, a leading grain brokerage in Argentina, has potentially overcome the final obstacle in its acquisition of the troubled exporter Vicentin SAIC, which possesses a substantial share in the largest soybean crushing facility globally. Judge Fabián Lorenzini dismissed objections raised by a Louis Dreyfus Co venture concerning the agreement that Grassi reached with a … Read more
YPF is poised to advance its most ambitious projects in the coming year, as president and CEO Horacio Marín has indicated that the company will soon finalize agreements with international partners for its liquefied natural gas initiative and then move to seek funding. The CEO projected that the process to arrange financing aimed at transforming … Read more
The General Confederation of Labor orchestrated a significant demonstration on Thursday in Plaza de Mayo to oppose the government’s proposed labor reform. The demonstration united both factions of the Argentine Workers’ Central alongside various social movements, delivering pointed admonitions to the government regarding its proposed alterations to Argentina’s labor legislation. During the principal gathering, union … Read more
Following a two-year focus on maintaining “a cheap dollar” as a means to demonstrate declining inflation rates, President Javier Milei’s administration has capitulated to demands from Washington to bolster Argentina’s international reserves. The announcement of an update to the peso’s exchange-rate trading bands, indexing them to inflation starting in January, reflects a pragmatic shift: Milei’s … Read more
Each morning at Argentina’s Central Bank, the traders on the foreign exchange desk embark on a straightforward objective: to prevent the peso from fluctuating excessively in either direction. Recently, the peso has demonstrated relative stability, weakening by less than one percent in November, marking its smallest monthly fluctuation of the year, despite being the weakest … Read more
Argentina has experienced a decline in foreign direct investment to negative levels for the first time in 22 years, coinciding with a trend of international companies divesting their operations to local enterprises. A report indicates that FDI recorded a negative US$1.52 billion from January to November 2025, marking the first year with a deficit since … Read more
The government has introduced a bill in the Senate designed to amend existing legislation that safeguards glaciers, with the intention of easing restrictions that presently prohibit mining activities within these ice formations and their adjacent regions. The legislation is included in the government’s agenda for discussion in Congress during the extraordinary sessions that commenced last … Read more
Argentina has relaxed its currency trading restrictions and announced plans to rebuild foreign reserves, capitalizing on the increasing investor confidence in President Javier Milei’s administration to stabilize its precarious financial situation. Starting in 2026, the trading bands for the peso will adjust in accordance with the monthly inflation rate, rather than the existing one percent … Read more
The Central Bank announced on Monday that Argentina will modify its currency exchange bands in alignment with the inflation rate beginning in 2026. The monetary authority is set to initiate the accumulation of international reserves, a move it had previously hesitated to undertake due to concerns about potential inflationary pressures. “We entered a phase in … Read more
The union representing air traffic controllers has declared a series of strikes that will impact both domestic and international flights in the forthcoming weeks, following unsuccessful negotiations with the Argentine Air Navigation Company. The measures, encompassing restrictions on takeoffs and flight plans, will align with the peak air traffic period of the year. The Association … Read more