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
The Central Bank of Argentina (BCRA, for its Spanish acronym) achieved its 2026 dollar-buying target with the International Monetary Fund in merely six months, driven by robust performance in the agriculture and energy sectors. As of the end of last week, the BCRA had acquired US$10.1 billion in 2026, exceeding the US$10 billion full-year target … Read more
Child poverty in Argentina decreased to 42.3 percent last year, marking its lowest point since 2018, as reported. In a report released on Tuesday, the Argentine branch of the UN agency for children indicated that by the conclusion of 2025, 5.1 million children and adolescents were residing in impoverished households, a decrease from 6.3 million … Read more
