Argentine business leaders project that the nation has the potential to draw in US$55 billion in mining investment over the coming decade. This influx presents a significant opportunity to establish a network of local suppliers, fostering job creation and stimulating industrial growth. The figures were presented in a report published on Wednesday by the Argentine … Read more
In 2025, Argentina ranked lowest in foreign direct investment among the six largest economies in Latin America, as indicated by a regional study. Last year, the country attracted $3.1 billion in direct foreign investment. Brazil led the rankings with US$76.8 billion, trailed by Mexico at US$40 billion, Chile at US$13 billion, Colombia at US$11 billion, … Read more
A wave of dollars flowing into Argentina is providing President Javier Milei with the opportunity to allow the peso to trade more freely, as the Central Bank’s previously depleted foreign reserves have reached their highest level since 2019. Despite Milei’s affinity for free markets, he has maintained strict control over the currency since assuming office, … Read more
The South American bloc Mercosur — comprised of Argentina, Brazil, Uruguay, and Paraguay — is currently experiencing an unparalleled expansion in trade opportunities. Paradoxically, this outcome is largely attributable to the cooperation between Javier Milei and Luiz Inácio Lula da Silva, two administrations positioned at opposing ends of the ideological spectrum. Throughout much of its … Read more
The International Monetary Fund has expressed support for Javier Milei’s economic strategy while also challenging the government’s claims regarding the fiscal surplus. The IMF has emphasised the need for tax reform and a more accelerated approach to reserve accumulation in anticipation of the upcoming presidential elections next year. The IMF’s Executive Board concluded the second … Read more
The future of Argentina’s economy is situated beneath the surface, at depths exceeding 3,000 metres (9,843 feet) in the Andes, as stated by President Javier Milei. In this strikingly beautiful landscape characterised by snowy peaks, glaciers, and mountains marked by oxidised minerals, excavators are systematically extracting substantial portions of the Andes in pursuit of copper … Read more
President Javier Milei announced a forthcoming reduction in export duties on wheat and barley, effective next month, and on soy, commencing in January, during a speech to rural business leaders in Buenos Aires on Thursday. The measure represents yet another gesture from the La Libertad Avanza leader towards the influential agricultural sector, which constituted over … Read more
Global financial volatility — particularly the fluctuations in the U.S. Treasury market, a key indicator of the global economy — poses a significant threat to one of the Argentine government’s primary objectives: re-entering international debt markets. “The current level of long-term U.S. bond yields is significant as it signifies a transition in the global cost … Read more
The Executive Board of the International Monetary Fund announced on Thursday the approval of the second review of Argentina’s 48-month Extended Fund Facility agreement, which was signed in 2025. Consequently, the nation is set to obtain approximately US$1 billion, which corresponds to 0.8 billion of Special Drawing Rights, the IMF’s international reserve asset. With these … Read more
Cold temperatures, the conflict in the Middle East, and an unsuccessful liquefied natural gas tender pose significant risks to Argentine industries, potentially increasing costs and leaving them without natural gas as winter draws near. The situation arises from local legislation that prioritises households and small businesses over industrial users in the event of a gas … Read more