President Javier Milei engaged in a confrontation with Brazilian President Luiz Inácio Lula da Silva during the regional Mercosur summit regarding the situation in Venezuela, coinciding with US President Donald Trump intensifying pressure on Caracas. Sparring remarks from Lula and Milei emerged during a gathering of the South American bloc, where discussions included a prospective … Read more
The General Confederation of Labor orchestrated a significant demonstration on Thursday in Plaza de Mayo to oppose the government’s proposed labor reform. The demonstration united both factions of the Argentine Workers’ Central alongside various social movements, delivering pointed admonitions to the government regarding its proposed alterations to Argentina’s labor legislation. During the principal gathering, union … Read more
Following a two-year focus on maintaining “a cheap dollar” as a means to demonstrate declining inflation rates, President Javier Milei’s administration has capitulated to demands from Washington to bolster Argentina’s international reserves. The announcement of an update to the peso’s exchange-rate trading bands, indexing them to inflation starting in January, reflects a pragmatic shift: Milei’s … Read more
Each morning at Argentina’s Central Bank, the traders on the foreign exchange desk embark on a straightforward objective: to prevent the peso from fluctuating excessively in either direction. Recently, the peso has demonstrated relative stability, weakening by less than one percent in November, marking its smallest monthly fluctuation of the year, despite being the weakest … Read more
Argentina has experienced a decline in foreign direct investment to negative levels for the first time in 22 years, coinciding with a trend of international companies divesting their operations to local enterprises. A report indicates that FDI recorded a negative US$1.52 billion from January to November 2025, marking the first year with a deficit since … Read more
The union representing air traffic controllers has declared a series of strikes that will impact both domestic and international flights in the forthcoming weeks, following unsuccessful negotiations with the Argentine Air Navigation Company. The measures, encompassing restrictions on takeoffs and flight plans, will align with the peak air traffic period of the year. The Association … Read more
Women who have ascended to prominence in the male-dominated wine sommelier profession assert that their field is gradually becoming less sexist and more inclusive, despite the ongoing trend of men securing the majority of accolades. Now an established figure as resident wine advisor at Chambers restaurant in New York, Pascaline Lepeltier remarked to AFP that … Read more
Two prominent banks in Argentina are aiming to expand credit availability for farmers as President Javier Milei dismantles economic obstacles, notably by reducing export tariffs for agricultural producers. The local subsidiary of Spanish banking powerhouse Banco Santander and Argentina’s largest private financial institution, Grupo Financiero Galicia, are broadening their collaboration – known as Nera – … Read more
A mining project focused on copper, gold, and silver in the Argentine province of San Juan has submitted a request to participate in the Incentive Regime for Large Investments, which offers tax breaks, currency-exchange advantages, and various incentives. The Vicuña Argentina project signifies a projected investment ranging from US$15 billion to US$17 billion over the … Read more
The United Kingdom has refuted a statement made by President Javier Milei, which asserted that Argentina is engaged in discussions with London regarding the potential lifting of a weapons ban that has been enforced since the Malvinas War more than four decades ago. In an interview Milei indicated that the government has initiated discussions with … Read more