Argentina’s Ambassador to the United States, Alec Oxenford, stated on Monday that a trade agreement between the two nations “is practically finalized” and that the announcement is imminent. The diplomat indicated that the negotiations involving Presidents Javier Milei and Donald Trump are supported by the US Treasury. “There will be news very soon,” he stated. … Read more
Economy Minister Luis Caputo informed investors in New York that Argentina intends to repurchase sovereign bonds and begin accumulating foreign reserves, even as the peso remains within its designated trading band, according to sources familiar with the situation. In a recent meeting attended by approximately 40 investors, organized by JPMorgan Chase & Co., Caputo indicated … Read more
Under President Javier Milei’s administration, a minimum of 16 multinational corporations have exited Argentina to date. The sectors exhibit variability; however, they are predominantly influenced by issues such as insufficient legal security, profitability challenges, complications in dividend collection, and the regional strategies employed by firms. A comprehensive array of structural factors has hindered the official … Read more
Sources indicate that Argentina has yet to register for participation in the COP30 climate summit. This suggests that the nation might align with the United States in abstaining from the upcoming annual discussions organized by the United Nations, set to commence in Brazil later this week. Last week, the White House confirmed that no senior … Read more
The leader of MercadoLibre Inc’s operations in Argentina has advocated for stricter regulations concerning the rapidly expanding Chinese e-commerce platforms in Latin America, cautioning that a lack of equitable competition poses risks to local enterprises and employment opportunities. “It’s important to have a good regulatory framework that’s equal for everyone competing,” Juan Martín de la … Read more
In the wake of La Libertad Avanza’s unexpected triumph in Argentina’s midterm elections, President Javier Milei’s administration has bolstered its standing in both legislative chambers, thereby facilitating the advancement of an extensive economic reform agenda designed to liberalize the Argentine economy, according to a source. The package encompasses the 2026 budget alongside tax and labor … Read more
The US Embassy in Argentina has formally declared the arrival of its new ambassador, Peter Lamelas, who arrived in Buenos Aires on Friday. “Welcome to Argentina!” Ambassador Peter Lamelas has arrived in Buenos Aires today and is set to present his credentials, marking the commencement of his duties at a pivotal juncture in the bilateral … Read more
Argentina’s dollar bonds experienced a significant increase on Monday following President Javier Milei’s impressive performance in legislative elections, surpassing even the most optimistic predictions and alleviating investor worries that his economic reform agenda for the troubled nation might face obstacles. The nation’s debt experienced a significant increase across the curve in early trading, with dollar … Read more
China’s remarkable growth in recent years is well-known; however, the increasing emphasis on sustainability within the country’s investment and development strategies is less acknowledged. In 2012, China integrated the notion of an “ecological civilization” into its National Constitution, establishing environmental protection as a fundamental prerequisite in its development strategies. In September 2020, President Xi Jinping … Read more
Despite Argentina’s assertions to the contrary, the bailout from the United States government seems to be contingent upon certain conditions: they are seeking to eliminate China’s presence in Argentina. However, given Argentina’s substantial annual exports to China and the potential for significant infrastructure projects, one must consider whether President Javier Milei would genuinely sever these … Read more