Argentina’s 2026 trade deals with the US and the EU, the latter as a member of Mercosur, are beginning to produce what they promised: an increase in exports to both markets. In the U.S. case, Argentina and Washington formalised the Agreement on Reciprocal Trade and Investment on February 5, 2026. In contrast to the arrangement … Read more
The website of low-cost airline Flybondi has been non-operational since Tuesday, marking the latest incident in the company’s ongoing operational crisis that has persisted since early 2026. On Wednesday, the site exhibited a “403 Error – The request could not be satisfied” message. Sources indicated that the company ascribed the outage to a failure of … Read more
The Milei administration has been asserting for several months that the purchasing power of Argentines is on the mend following the significant fiscal adjustment of 2024 — even going so far as to claim it has already exceeded the levels observed during Alberto Fernández’s presidency. That assertion relies on a particular metric: the registered private-sector … Read more
President Javier Milei has successfully reduced inflation and poverty levels in Argentina, while also eradicating the budget deficit. However, the nation’s labour market remains entrenched in the crisis that he was elected to address. For a second consecutive year, the South American economy is experiencing growth; however, there is a decline in employment within the … Read more
United States billionaire entrepreneur and venture capitalist Peter Thiel has acquired a US$76 million stake in Argentina’s largest oil exporter, Vista Energy. This transaction represents his inaugural investment in the oil sector and signifies his initial foray into Patagonia’s Vaca Muerta oil field. Thiel Macro LLC, the hedge fund managed by Thiel, secured a 1% … Read more
The Milei administration successfully achieved a fiscal surplus in July, a defining characteristic of its economic strategy. The primary fiscal surplus in the first seven months of 2026 stood at 0.9% of GDP. Overall budget surplus, which includes debt interest payments, was recorded at 0.1% of GDP. “The fiscal surplus, which contributes to macroeconomic stability, … Read more
Three years into Javier Milei’s presidency, a significant portion of the Argentine economy continues to lag behind the levels of activity and consumption observed prior to his arrival at the Casa Rosada, a situation that appears to be causing concern within the economic team. Even so, the government has consistently rejected the notion of the … Read more
Shares in Vista Energy SAB, Argentina’s leading oil exporter, experienced a significant increase in New York on Monday following the announcement by tech billionaire Peter Thiel regarding his substantial investment in the company. Vista’s American depositary receipts increased by 4.9 percent to US$71.67 as of 10.49am in New York, marking the highest level in two … Read more
The Argentine mining sector is progressively establishing itself as a fundamental component of the nation’s export portfolio. According to a report by consulting firm Aleph Energy, mining exports amounted to US$744 million in June, representing 9% of the country’s total exports. The total figure for the first six months of 2026 stands at US$4.7 billion, … Read more
In mid-July, JPMorgan’s EMBI+ index for Argentina, which indicates the interest rate Argentina would incur for foreign borrowing, reached 402 basis points, marking its lowest point since April 2018. As time progressed, the likelihood of surpassing the 400-point threshold steadily diminished. Although the economic team did not explicitly aim for the JPMorgan index to dip … Read more
