The projects approved by the Incentive Regime for Large Investments, or RIGI in Spanish, provide the provinces in Argentina’s north and west cause for optimism. Out of 21 approved investments, 12 are allocated to the mining sector. Situated in the provinces of Mendoza, San Juan, Catamarca, Salta, and Jujuy, these initiatives are projected to entail … Read more
Argentina’s economy is at an unusual juncture. In contrast to numerous previous periods in the nation’s recent past, the fluctuations of the U.S. dollar — historically the primary focus of economic discourse — have shifted away from being the focal point of current discussions. Inflation is not either. Although it remains elevated relative to the … Read more
Javier Milei’s administration was compelled to retract another component of its private property legislation prior to its enactment, highlighting the difficulties faced by the Argentine president in drawing private investment to the nation beset by crises. The bill passed the Senate in a 37-33 vote early Friday morning following an extensive debate; however, Milei’s party … Read more
Industrial activity demonstrated notable enhancement in June. Data from the statistics institute INDEC, released on Friday, indicates that the sector experienced a month-over-month growth of 0.9%, marking the second consecutive monthly increase, and a year-over-year growth of 2%. The most significant monthly increase was observed in oil refining, chemicals, rubber, and plastic products at 4.4%. … Read more
Argentine Industrial Union President Martín Rappallini responded sharply to Economy Minister Luis Caputo following the minister’s severe critique of domestic industries regarding their product pricing. Rappallini remarked that such comments do not “foster the dialogue so desperately needed” during a period of declining industrial activity. Caputo made the remarks last Wednesday while defending his economic … Read more
The Chinese Embassy in Argentina issued a statement alleging that the United States is meddling in the commercial relationships between Argentine firms and the Chinese telecommunications behemoth, Huawei. The communiqué, released late on Wednesday, came in response to reports indicating that the U.S. Embassy in Argentina had cautioned directors of a private cooperative in Neuquén … Read more
Credit served as the primary catalyst for the increase in consumption that Argentina experienced in late 2024 and early 2025. However, beginning in the previous year, that trend experienced a gradual deceleration and ultimately reversed, influenced by fluctuating interest rates and a significant increase in household defaults. Since then, Javier Milei’s government has not experienced … Read more
The Brazilian government’s decision to withdraw its ambassador from Argentina has intensified a crisis that carries significant political and diplomatic ramifications, while also posing a risk to the economic relationship between the two nations — a relationship that is paramount to Argentina’s foreign trade. Argentina’s bilateral trade relationship with Brazil stands unparalleled globally in terms … Read more
On Wednesday, Argentina and China announced the extension of a multi-billion-dollar currency swap agreement for an additional five years, according to financial authorities. The 130-billion-yuan (roughly US$19 billion) agreement between Beijing and cash-strapped Buenos Aires has been in effect since 2009. The monetary authority is pursuing enhanced stability in anticipation of the forthcoming 2027 election. … Read more
Argentina’s primary ports are currently immobilised, with over 150 vessels trapped in the nation’s waterways. This disruption follows a strike initiated by harbour pilots and river guides on Saturday, in response to a decree from President Javier Milei that seeks to deregulate their profession. Harbour pilots, maritime pilots, and river guides operate as independent professionals, … Read more
