Public transport buses in the capital and its densely populated outskirts are operating at diminished frequencies, a consequence of escalating fuel prices associated with the conflict in the Middle East and postponements in subsidy disbursements, industry sources reported on Tuesday. The decline in activity has resulted in extensive lines of passengers forming at the primary … Read more
President Javier Milei experienced a decline in his approval rating, which fell by seven points from February to March. This shift can be attributed to the political repercussions stemming from scandals involving Chief of Staff Manuel Adorni and other government officials, alongside an increase in economic pessimism. A survey reveals that in the past month, … Read more
Economy Minister Luis Caputo provided a defense for Chief of Staff Manuel Adorni amidst allegations of possible illicit enrichment, alongside various government officials who have been accused of securing multimillion-peso mortgages from the national public bank Banco Nación under preferential terms. During an interview, the Economy Minister refuted the allegations directed at Adorni, who is … Read more
Over 30 days into the conflict in the Middle East instigated by Donald Trump, the international landscape reveals more than mere geopolitical tension; it highlights a rapid political deterioration that can no longer be hidden. What began as a display of authority transformed, within a few weeks, into a source of internal instability. In the … Read more
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
