Public transport buses in the capital and its densely populated outskirts are operating at diminished frequencies, a consequence of escalating fuel prices associated with the conflict in the Middle East and postponements in subsidy disbursements, industry sources reported on Tuesday. The decline in activity has resulted in extensive lines of passengers forming at the primary … Read more
President Javier Milei experienced a decline in his approval rating, which fell by seven points from February to March. This shift can be attributed to the political repercussions stemming from scandals involving Chief of Staff Manuel Adorni and other government officials, alongside an increase in economic pessimism. A survey reveals that in the past month, … Read more
Economy Minister Luis Caputo provided a defense for Chief of Staff Manuel Adorni amidst allegations of possible illicit enrichment, alongside various government officials who have been accused of securing multimillion-peso mortgages from the national public bank Banco Nación under preferential terms. During an interview, the Economy Minister refuted the allegations directed at Adorni, who is … Read more
Over 30 days into the conflict in the Middle East instigated by Donald Trump, the international landscape reveals more than mere geopolitical tension; it highlights a rapid political deterioration that can no longer be hidden. What began as a display of authority transformed, within a few weeks, into a source of internal instability. In the … Read more
The conflict between the United States and Iran is driving up global oil and gas prices, yet Argentina is starting to reap the rewards. The increasing production from Vaca Muerta is transforming the nation into a net energy exporter, enabling it to capitalize on a global energy crisis that would have previously burdened its economy. … Read more
In March, inflation in Argentina is once again nearing the three-percent threshold, as reported by prominent consultancy firms, indicating a lack of the desired deceleration sought by President Javier Milei’s administration. Private consultancy firms agree that the monthly rate is expected to stabilize around three percent, driven by rising costs in food, fuel, and utility … Read more
Argentina’s state-run energy firm YPF SA has decided to maintain petrol prices at the pump for a duration of 45 days, diverging from President Javier Milei’s free-market strategy, as the ongoing conflict in Iran exacerbates inflationary pressures. “We’re going to leave prices approximately constant for 45 days,” stated YPF Chief Executive Officer Horacio Marín. “If … Read more
For over ten years, investors have consistently witnessed the Argentine peso follow a singular trend – a decline. Currently, amidst the turmoil of the war in Iran affecting global markets, it is experiencing growth. The peso emerged as one of only two developing currencies to appreciate against the dollar in March, coinciding with the MSCI … Read more
Cofco International Ltd announced that it is in the process of loading a bulk cargo of Argentine corn destined for China, marking the first shipment of its kind in over 15 years as the two nations enhance their agricultural trade relations. The agreement follows China’s approval of Argentine corn imports for 2024, coinciding with the … Read more
The forex market processes $9.6 trillion in daily turnover, according to the Bank for International Settlements’ 2025 Triennial Survey. Algorithms handle the vast majority of that volume. Yet for most retail traders, the automated forex robot sitting on their MetaTrader platform remains something of a mystery; it runs, it trades, but what’s actually happening between … Read more