Javier Milei & Donald Trump

Milei heads to Trump’s security summit in Miami

President Javier Milei is set to journey to Miami this Saturday to engage in a high-level regional security summit organized by US President Donald Trump, marking yet another foreign excursion in his increasingly proactive diplomatic agenda. The meeting is scheduled to occur at Trump National Doral Miami, the golf resort owned by the US President … Read more

Blue Dollar Updates

Fate Workers Unite at Labor Secretariat

The union representing tire industry workers, SUTNA, organized a march outside the Labor Secretariat in Buenos Aires on Wednesday to express their opposition to the possible closure of tire manufacturer Fate. A 24-hour strike is also being conducted. The closure is anticipated to result in the loss of over 900 jobs. The protest commenced at … Read more

Milei vows monthly reform plan in fiery speech

On Sunday, Argentina’s Congress erupted into a heated exchange as President Javier Milei inaugurated this year’s legislative sessions. In a setting reminiscent of a sporting event rather than a dignified speech, Argentina’s forthright leader criticized opposition hecklers, labeling them as “criminals” responsible for the country’s turmoil. Milei, greeted with enthusiastic applause from supporters and members … Read more

Digital Transactions

Argentina’s Fintech Debt Trap Exposes Soaring Loan Defaults

In a recently viral video, a young woman outlines her financial strategy: “I take out a AR$20,000 loan from Mercado Pago. And to pay that loan, I take out a loan from Ualá. Then I take out another loan from Mercado Pago and use that to pay Ualá. Mercado Pago and Ualá pay each other; … Read more

Blue Dollar Updates

Senate Approves Mercosur-EU Agreement

On Thursday, the Argentine Senate granted final approval to the trade agreement between Mercosur and the European Union. The final tally indicated substantial backing, with 69 votes cast in favor, 3 opposed, and 3 abstentions recorded. Argentina has now become the second nation to ratify the agreement, following Uruguay’s approval of the identical initiative just … Read more

Blue Dollar Updates

Argentine Stocks Lag as Milei Struggles with Earnings Growth

Argentine stocks are lagging behind the broader rally in Latin American equities this year, as the previous market enthusiasm surrounding President Javier Milei’s electoral successes diminishes amid worries regarding disappointing corporate earnings. Following the surge in shares after Milei’s midterm election victory in October, the benchmark Merval index stabilized and subsequently experienced an eight percent … Read more

Blue Dollar Updates

Government Expands RIGI Benefits for Oil and Gas, Extends to 2027

The Argentine government has implemented modifications to the Large Investment Incentive Regime (RIGI, by its Spanish initials) that was approved in 2024, extending its duration and expanding benefits for the oil and gas sector. The RIGI provides tax, customs, legal, and foreign exchange advantages for investments that surpass US$200 million. It is accessible to both … Read more

IMF lowers Argentina’s reserves target by $5 billion

IMF Praises Argentina’s Stabilization, Cautions on Transition Costs

International Monetary Fund spokesperson Julie Kozak commended the reform agenda being implemented by the Argentine government, describing the economic stabilization plan as ‘impressive.’ During her regular Thursday press conference, Kozak cautioned that effectively addressing the transition costs linked to these reforms ‘are also going to be important.’ In the early hours of Friday, the Argentine … Read more

Argentina Wins 100,000-Tonne Tariff-Free Beef Quota in US Deal

Argentina’s meat production chain expressed satisfaction upon learning that the recently signed Reciprocal Trade and Investment Agreement with the United States has established a tariff-free export quota of 100,000 tonnes. This figure contrasts with earlier indications from President Javier Milei, which had suggested a limit of only 80,000 tonnes. The Foreign Ministry in Buenos Aires … Read more

Blue Dollar Updates

Argentina’s Corruption Perceptions Plummet to Lowest Since 2019

Argentina is listed as one of the most corrupt countries in the world, with a worsening scenario over the last five years, according to the 2025 Corruption Perceptions Index released by NGO Transparency International on Tuesday. In 2025, Argentina achieved a score of 36 out of 100 points, which is one point lower than the … Read more