Argentina’s unemployment rate increased to 7.8 percent in the first quarter of 2026, as reported. This marks a modest rise from 7.5 percent in the last quarter of the previous year, yet remains slightly lower than the 7.9 percent observed in the corresponding period of 2025. The figures, drawn from INDEC’s Permanent Household Survey (Encuesta … Read more
Argentina’s government has sanctioned up to US$5 billion in new dollar-denominated borrowing as the nation seeks to obtain funding supported by multilateral institutions in anticipation of forthcoming debt obligations. The decree, signed by President Javier Milei and Cabinet members, establishes a legal framework for future financing transactions, with contracts governed by New York law and … Read more
Workers in the Argentine gig economy have been increasing consistently over the past year as a result of a decrease in formal employment. According to estimates from the App-Based Workers Union (Sitrarepa, for its Spanish acronym), the workforce in this sector approaches 1 million individuals. Official data from the Superintendency of Occupational Risks, the government … Read more
Private consumption persisted in its downward trajectory in May, contracting by 0.3% month-on-month and 2.2% year-on-year, marking the sixth consecutive annual decline, as reported. In the first five months of 2026, the total decrease was 1.8%. In this context, supermarkets and wholesale retailers have identified inadequate demand as the primary obstacle to expanding their operations, … Read more
President Javier Milei has articulated his stance on granting legal recognition to companies overseen by artificial intelligence, following cautionary remarks from Israeli historian and philosopher Yuval Noah Harari regarding the potential for these entities to introduce unparalleled challenges in terms of accountability and regulation. In an extensive statement released on Thursday via social media, the … Read more
MSCI Inc is set to determine next week if Argentina will be reinstated in global stock indexes, a decision that may catalyse an influx of capital into the relatively illiquid domestic market. The index compiler is set to publish its Classification Review on June 23, which will determine whether Argentina remains on Standalone status, initiates … Read more
Argentina achieved a historic trade surplus of US$3.5 billion in May. The trade balance recorded a surplus of US$11.7 billion in the initial five months of 2026, exceeding the total surplus of US$11.2 billion for the entire year of 2025. The result was propelled by persistent export growth, which attained a new all-time high of … Read more
YPF, the state-owned oil company, has entered into a letter of intent with Tesla, the automaker, to investigate the potential establishment of a fast-charging network for electric vehicles in Argentina. The announcement was made by YPF President Horacio Marín, who, on Monday, visited Tesla’s Gigafactory in Texas with Michael Snyder, the vice president of energy … Read more
President Javier Milei anticipates that substantial investments in energy and mining will not only redefine the nation’s productive and export landscape but also alter the living conditions of millions of Argentines. Deregulation and State Transformation Minister Federico Sturzenegger, a cabinet member closely aligned with the president’s economic ideas, has articulated this ambition most clearly. Sturzenegger … Read more
In an effort to help Argentina’s struggling economy get access to global capital markets, the World Bank announced on Tuesday that it was providing guarantees to grant the country access to up to US$2 billion in commercial loans. Argentina, burdened by debt, faces private debt obligations exceeding US$4 billion that are set to mature in … Read more