On Tuesday, President Javier Milei’s administration declared the removal of duties on crude oil exports. Government officials have formalized a memorandum of understanding with Chubut Province aimed at progressing towards the removal of export duties on conventionally produced oil, a component of a broader strategy intended to stimulate investment and safeguard employment. Cabinet Chief Manuel … Read more
Despite a chorus of calls from investors, President Javier Milei and his advisers exhibit caution regarding the swift accumulation of Argentina’s international reserves, the decision to allow the peso to float, and the relaxation of currency controls. The government’s decisive triumph in the recent mid-term elections has provided Milei with a significant opportunity to implement … Read more
Real-time settlement systems are expanding across global financial networks, and their influence is increasingly visible in online gaming. As processing delays shorten and expectations change, faster withdrawals are becoming a key part of platform credibility and user confidence. Online gaming transactions have changed significantly as digital platforms adopt faster systems for moving funds across borders … Read more
The recent surge in bond sales in Argentina has extended to the public sector, as Buenos Aires City re-enters global markets after nearly ten years. This activity has propelled foreign debt issuance to nearly US$3.5 billion over the past three weeks, surpassing the total volume of the preceding five months combined. On November 18, Buenos … Read more
High inflation cycles can make it difficult to track everyday costs, and entertainment, in particular, is often a category people forget to plan for. When food, rent, and transport absorb more of a monthly paycheck, leisure spending simply becomes whatever is left. The price of a cinema visit, a streaming subscription, or a short gaming … Read more
Hedge funds that placed significant bets on Argentina in recent months achieved substantial gains in October, following a US rescue package and a decisive victory for President Javier Milei’s party in the midterm elections, which ignited a rally in the country’s financial markets. Two funds managed by Redwood Capital Management recorded a total profit of … Read more
The Argentine government has confirmed the elimination of export duties for conventional crude oil, following a meeting involving Economy Minister Luis Caputo, Interior Minister Diego Santilli, and Chubut Governor Ignacio Ramírez. The national and provincial governments have entered into a memorandum of understanding aimed at eliminating the 8% tax in Chubut. The agreement emerges amidst … Read more
President Javier Milei is organizing another visit to the United States to engage in the draw for the 2026 World Cup alongside his American counterpart, Donald Trump. The draw for the World Cup, the foremost tournament in international football, is scheduled for December 5 at 2pm, to be held at the concert hall of the … Read more
Environmental NGO Greenpeace on Friday condemned as “a direct attack on Argentines’ water” President Javier Milei’s announcement regarding his intention to amend a law that safeguards the country’s glaciers to enable multi-million-dollar mining investment. In a speech on Thursday, Milei articulated his intention to redefine the legal boundaries of periglacial zones, which Greenpeace asserts are … Read more
Anchorage Capital Advisors LP has established an uncommon fund whose returns are contingent upon the resolution of a lengthy and contentious legal battle associated with the nationalization of Argentina’s largest oil enterprise. The fund, classified as a continuation vehicle, possesses a singular asset: a loan secured by a legal claim originating from the nationalisation of … Read more