Javier Milei

Milei blocks pension increases for fiscal balance

President Javier Milei on Monday exercised his veto power against a law sanctioned by Congress aimed at enhancing pensions for the elderly and disabled, contending that it would compromise his efforts to achieve fiscal equilibrium in Argentina. It marks the second occasion since August 2024 that Milei, who identifies as a “anarcho-capitalist,” has obstructed a … Read more

Argentina legalizes investment citizenship

Milei’s immigration reform allows any foreign national to become a citizen if they make a ‘significant’ investment, although there is no minimum value. Foreign nationals making substantial investments in Argentina will qualify to apply for Argentine citizenship. On Thursday, the government promulgated a decree detailing the regulations for the newly established program, a component of … Read more

Box Office Blues: Winter Break Ticket Sales Hit 15-Year Low

The winter break of 2025 signified a decline for the Argentine film industry, which reported its lowest attendance numbers since 2009. The decline can be attributed to the Argentinean economic situation, a scarcity of new releases, and the expanding market for streaming platforms. During the winter break, a period traditionally associated with increased box office … Read more

Trump Unveils 10% Tariff on Argentina in Latest Trade Move

United States President Donald Trump has confirmed that Argentina will maintain a 10% tariff as outlined in a new executive order issued on Thursday. The decree, which instituted alterations in the reciprocal tariff policy for select nations, did not alter the minimum rate that Argentina faced when the policy was implemented in April. The announcement … Read more

Argentina’s currency has worst month since Milei’s 2023 devaluation

In July peso fell more than 12%, the largest monthly drop since Milei devalued it in December 2023. Argentina’s peso experienced a significant decline on Thursday, marking the most challenging month since President Javier Milei implemented its devaluation in 2023. This downturn coincides with an increasing demand for dollars, juxtaposed with a diminishing supply from … Read more

Argentina Flag

Visa-free travel could increase Argentina-US trade by US$11 Billion

Argentina stands a chance of being reinstated into the United States’ Visa Waiver Program after a hiatus exceeding two decades. One analysis indicates that tourism may potentially double, while trade between the two nations could increase by more than US$11 billion each year, contingent upon the success of Argentina’s waiver bid. The data was generated … Read more

Key players in the agricultural ecosystem are facing a debt crisis, declining revenues and reduced access to credit

Agriculture faces significant challenges as default, debt, and declining sales disrupt major firms

The agricultural landscape of Argentina does not align with the narrative of an ascending economic power. While grain exports are essential for generating foreign currency for the economy, the fundamental operations within the agricultural ecosystem — especially those related to input, technology, and services — are facing a significant structural crisis. This crisis is characterized … Read more

Milei Unveils Lasting Cuts to Agricultural Export Taxes

President Javier Milei has declared a reduction in agricultural export duties for the majority of products, a move that comes less than a month after his administration raised these duties. Milei announced his plans during a speech on Saturday at the Rural Expo, an annual event showcasing Argentina’s farming sector. “This seeks to boost farming, … Read more

Argentina Economy

For the third time in 2025, Argentina’s economy shrank in May

In May, Argentina’s economy experienced a contraction for the third time this year, driven by prior wage declines and increasing unemployment, which likely exerted pressure on consumer spending. Economic activity experienced a decline of 0.1 percent from April, falling short of economists’ expectations for growth of a similar magnitude, while the previously reported positive figure … Read more

Trump administration supports Milei government.

Trump backing Argentina’s legal move to halt YPF share handover

In the context of the ongoing debate surrounding the prospective transfer of YPF shares as a settlement for a US$16-billion judgment linked to the expropriation of the oil company, the United States government has declared its intention to intervene in court to provide support for Argentina. The administration of US President Donald Trump is preparing … Read more