President Javier Milei has articulated his stance on granting legal recognition to companies overseen by artificial intelligence, following cautionary remarks from Israeli historian and philosopher Yuval Noah Harari regarding the potential for these entities to introduce unparalleled challenges in terms of accountability and regulation. In an extensive statement released on Thursday via social media, the … Read more
MSCI Inc is set to determine next week if Argentina will be reinstated in global stock indexes, a decision that may catalyse an influx of capital into the relatively illiquid domestic market. The index compiler is set to publish its Classification Review on June 23, which will determine whether Argentina remains on Standalone status, initiates … Read more
Argentina achieved a historic trade surplus of US$3.5 billion in May. The trade balance recorded a surplus of US$11.7 billion in the initial five months of 2026, exceeding the total surplus of US$11.2 billion for the entire year of 2025. The result was propelled by persistent export growth, which attained a new all-time high of … Read more
YPF, the state-owned oil company, has entered into a letter of intent with Tesla, the automaker, to investigate the potential establishment of a fast-charging network for electric vehicles in Argentina. The announcement was made by YPF President Horacio Marín, who, on Monday, visited Tesla’s Gigafactory in Texas with Michael Snyder, the vice president of energy … Read more
President Javier Milei anticipates that substantial investments in energy and mining will not only redefine the nation’s productive and export landscape but also alter the living conditions of millions of Argentines. Deregulation and State Transformation Minister Federico Sturzenegger, a cabinet member closely aligned with the president’s economic ideas, has articulated this ambition most clearly. Sturzenegger … Read more
The Cordillera Sanjuanina, a segment of the Andes mountain range situated in San Juan Province, is poised to accommodate thousands of workers in a newly constructed city. Established within the framework of the Vicuña mining initiative, this location is set to function as the central hub for the extensive project spearheaded by Lundin Mining and … Read more
Since assuming office in late 2023, Javier Milei has made various efforts to encourage Argentines to withdraw their dollars from “under the mattress” — essentially, to reintegrate them into the formal economy. The initial initiative was the Asset Regularisation Regime, a tax amnesty that permitted Argentines to disclose assets that were previously concealed. It launched … Read more
May inflation in Argentina was recorded at 2.1%, according to a report released Thursday by the statistics agency INDEC. The figure indicates a slight decline compared to April’s 2.6%, marking the first occurrence in a year where the inflation rate has shown a deceleration for two consecutive months. It is also the lowest figure in … Read more
Standard & Poor’s upgraded Argentina’s credit rating from CCC+ to B- on Thursday, igniting a surge of optimism in the local market. Dollar-denominated sovereign bonds experienced significant increases, while the country risk index fell dramatically to 444 basis points, marking its lowest point since May 2018. The local S&P Merval index experienced an increase of … Read more
Credit rating agency Moody’s has elevated Buenos Aires City’s debt rating to “AAA,” marking it as the sole Argentine region to achieve this highest classification by the agency. According to the report published on Tuesday, the upgrade was based on the city’s fiscal and financial performance, as well as improvements in its maturity profile. City … Read more