In March, inflation in Argentina is once again nearing the three-percent threshold, as reported by prominent consultancy firms, indicating a lack of the desired deceleration sought by President Javier Milei’s administration. Private consultancy firms agree that the monthly rate is expected to stabilize around three percent, driven by rising costs in food, fuel, and utility … Read more
Argentina’s state-run energy firm YPF SA has decided to maintain petrol prices at the pump for a duration of 45 days, diverging from President Javier Milei’s free-market strategy, as the ongoing conflict in Iran exacerbates inflationary pressures. “We’re going to leave prices approximately constant for 45 days,” stated YPF Chief Executive Officer Horacio Marín. “If … Read more
A US appeals court on Friday reversed a decision that mandated Argentina to compensate US$16.1 billion for the 2012 expropriation of oil company YPF. The 2nd US Circuit Court of Appeals in New York issued a ruling, determining that the lower court had erred in siding with former shareholders who alleged they suffered harm due … Read more
Argentina’s economic activity experienced a growth of 1.9% year-on-year in January and a 0.4% increase relative to December 2025, as reported. The agriculture, livestock, hunting, and forestry sector exhibited a remarkable 25.1% growth, contributing significantly to the year-over-year change in the index. This was closely followed by the mining and quarrying sector, which experienced a … Read more
In an effort to solidify Argentina’s fiscal surplus and bolster the Central Bank’s international reserves, President Javier Milei’s administration is advancing an ambitious and long-standing privatization initiative. The government’s approach aims to produce revenue in dollars through the sale or concession of state-owned enterprises. This is essential for the government, as the accumulation of foreign … Read more
In the fourth quarter of the previous year, Argentina’s labour informality rate was recorded at 43 percent, indicating that over four out of ten workers are engaged in employment that lacks the protections of applicable labour, tax, and social security laws. The INDEC national statistics bureau announced on Wednesday that the unemployment rate increased to … Read more
In a closing speech at the CPAC summit in Hungary on Saturday, President Javier Milei asserted that “Argentina is in a position to guarantee Europe’s energy security.” The remarks followed a meeting between the head of state and his ally, Hungary’s Prime Minister Viktor Orban, a far-right leader who is preparing for an election later … Read more
The United States Court of Appeals for the Second Circuit has approved a motion submitted by Argentina, seeking to delay the discovery process related to the 2012 expropriation of the state-owned energy company YPF until the resolution of the country’s appeal in the matter. The ongoing dispute arises from the protracted legal conflict that Argentina … Read more
Argentina’s unemployment rate increased to 7.5 percent at the conclusion of the previous year, marking the highest fourth-quarter figure since the Covid-19 pandemic, as job losses intensified prior to the passage of a significant labour reform by Javier Milei’s administration last month. The jobless rate in Argentina’s formal sector increased for the first time in … Read more
Despite the presence of related propaganda disseminated through various government social media channels, the novelty went largely unremarked. Nevertheless, it was a crucial announcement with multiple interpretations – one interpretation is that President Javier Milei’s government is reactivating the most important public works project in the country; another, and perhaps the most significant, is that … Read more