Argentina’s economic outlook was characterised by a blend of positive and negative indicators at the close of 2026. An export boom in commodities was observed alongside increasing unemployment, a deceleration in disinflation, and a general slowdown in economic activity. In this context, the German-Argentine Chamber of Industry and Commerce (AHK, by its German acronym) convened … Read more
Argentine authorities and staff from the International Monetary Fund reached a staff-level agreement on Tuesday. This marks the third evaluation of the Extended Fund Facility program established by the Milei administration with the lender in 2025. The new program unlocked a US$20 billion loan, which accumulates alongside a prior US$45 billion debt incurred by the … Read more
The reelection of current Brazilian President Luiz Inácio “Lula” da Silva, who defeated Flávio Bolsonaro in the October 25 runoff, triggered a schism in Brazil’s financial market on Monday. The EWZ, a Wall Street exchange-traded fund that aggregates the most significant mid- and large-cap companies on the Brazilian stock exchange, experienced a decline of 24%. … Read more
The expansive ravine traversing the city of Neuquén, located in north-western Patagonia, delineates its dual realities. The orderly, suburban avenues in the valley beneath resemble those found in any other Argentine metropolis. However, in the plateau region, there is clear evidence of the nation’s industrialisation. Power lines intersect a landscape of vacant housing lots poised … Read more
Regardless of whether incumbent President Luiz Inácio Lula da Silva or opposition candidate Flávio Bolsonaro emerges victorious in Sunday’s runoff, the incoming president will encounter considerable economic hurdles by 2027. With a population of 214 million and a nominal GDP of US$4.1 trillion, Brazil ranks as the second-most populous nation in the Americas and holds … Read more
Javier Milei’s administration is endeavouring to instill confidence in the markets as apprehensions mount regarding a potential economic recession on the horizon. Concurrently, investors are placing heightened emphasis on the electoral prospects of the libertarian president. In light of recent developments, two indicators published in the past few days have contributed to a resurgence of … Read more
In the lawsuit looking into the launch and subsequent collapse of the $LIBRA cryptocurrency, Federal Judge Marcelo Martínez De Giorgi on Friday dismissed the allegations against President Javier Milei, Presidential Chief of Staff Karina Milei, and nine other defendants. The judge concluded that the events in question did not align with the legal criteria for … Read more
Canadian mining companies are showing a growing interest in broadening their operations in Argentina, aiming to establish a “Andean financial corridor” that would link Canadian capital and investors with mining initiatives in Argentina and throughout the region. With four projects approved under the Large Investment Incentive Regime, totalling more than US$13.6 billion, and another worth … Read more
Argentina has selected a victor for its 90 percent stake in Buenos Aires water and sewage operator, AySA, with the US$340-million agreement representing a success for President Javier Milei’s privatisation strategy following a setback in a railway tender. The government announced on Thursday its intention to divest its shares in Agua y Saneamientos Argentinos SA … Read more
Although September’s economic activity figures have yet to be released, August’s data indicate that Argentina is poised to enter a technical recession in the third quarter of the year. The latest figures indicate subdued economic activity, as assessed by the Monthly Economic Activity Estimator, a preliminary gauge of quarterly GDP released by the national statistics … Read more
