President Javier Milei praised the leadership of US President Donald Trump, advocated for free-market capitalism, and criticized socialism during a notably restrained address at the World Economic Forum in Davos on Wednesday. Milei, regarded as Trump’s principal ally in Latin America, underscored his strong ties with Washington and articulated a defense of “Judeo-Christian values.” Highlighting … Read more
The national government has initiated a 12-month administrative takeover of the Port of Ushuaia, following the identification of significant financial irregularities and the misallocation of public funds. The directive was issued by the National Ports and Navigation Agency and made public this Thursday in the Official Gazette. The government of Tierra del Fuego province has … Read more
Javier Milei provided a strong justification for Argentina’s expanding economic relationship with China, asserting that his nation had limited alternatives but to engage in trade with Beijing, all while negotiating a potential agreement with the US. During an interview, Milei skillfully navigated his ideological alignment with US President Donald Trump’s administration alongside his economic engagement … Read more
The provincial government of Santa Cruz announced on Sunday that it has secured a loan of US$136 million from China to restart construction on a hydroelectric dam, a project that has been stalled since December 2023. The total loan is US$150 million and is provided by a consortium of banks led by ICBC and the … Read more
Argentina’s economy experienced a contraction for the second consecutive month in November, following a midterm election that triggered a significant market sell-off. The INDEC national statistics bureau reported on Wednesday that economic activity decreased by 0.3 percent from October, following a 0.4 percent decline in the previous month. Economic activity contracted by 0.3 percent relative … Read more
Argentina achieved a trade surplus of US$11.286 billion in 2025, indicating a second consecutive year of positive balance for President Javier Milei. Data released on Tuesday aligns with the government’s announcement last Friday regarding Argentina’s fiscal surplus in 2025, marking the second consecutive year of such an outcome. Data indicates that Argentina’s exports reached a … Read more
Business leaders have determined that the most pressing risk facing Argentina is “insufficient public services and social protections.” The claim, released recently in the Forum’s Global Risks Report 2026, derives from a survey involving 11,000 business leaders across 116 economies. The revelation holds considerable importance as it directly addresses one of President Javier Milei’s core … Read more
According to the most current World Economic Outlook published by the International Monetary Fund, which was presented on Monday in Brussels, it is projected that Argentina’s gross domestic product will increase by 4% in both the years 2026 and 2027. Despite the fact that the world economy is experiencing significant pressures, the organization maintained its … Read more
Argentina achieved a budget surplus, marking the second consecutive year of fiscal outcome. The news was attributed to the “zero deficit” policy enacted by President Javier Milei upon his assumption of office in December 2023. Argentina’s primary surplus, excluding interest payments on debt, was recorded at 1.4 percent of gross domestic product last year, while … Read more
After 26 years of negotiations marked by numerous setbacks that jeopardized its success, representatives from the Mercosur countries and the European Commission formalized the EU-Mercosur trade agreement during a ceremony held in Asunción, Paraguay, on Saturday. The agreement establishes the largest free-trade area globally, encompassing over 715 million individuals. Regional leaders on both sides of … Read more