The Argentine Patagonia region is poised to become the primary driver of new employment opportunities in the forthcoming years, fueled by substantial oil and mining investments promoted by President Javier Milei’s administration, as indicated by the latest report from the Fundación Mediterránea think tank. The southern part of the country region emerges as the primary … Read more
Uruguay and Argentina report advancements in negotiations aimed at resolving a dispute concerning a multibillion-dollar green hydrogen facility proposed on the Uruguayan side of a jointly held border river. Argentina’s Foreign Minister Pablo Quirno visited Montevideo for a second meeting with his Uruguayan counterpart Mario Lubetkin within a six-month period to deliberate on the US$5-billion … Read more
In pursuit of its objective to uphold the fiscal surplus, Javier Milei’s administration is set to introduce a substantial rise in fares for nationally regulated trains and buses beginning in May, with total increases reaching as high as 90% in the ensuing months. Government officials articulated their objective to transition towards a “more organized, efficient, … Read more
Argentina’s recent credit upgrade is stimulating speculation that the nation may have another opportunity to access international markets following a missed chance in early 2026. According to investors, Fitch Rating’s decision to elevate the country’s credit score to ‘B-‘ may drive spreads back toward the multi-year lows observed in January. President Javier Milei may find … Read more
May 1 represented a significant milestone in South American history, as a segment of the trade agreement between the regional bloc Mercosur and the European Union, which had been under negotiation for more than twenty years, finally came into effect. The agreement represents a significant advancement in enhancing Mercosur’s export capabilities, facilitating Argentina, Brazil, Uruguay, … Read more
President Javier Milei’s administration aims to convey a sense of unity in the face of the political turmoil involving Cabinet Chief Manuel Adorni. In a lengthy Cabinet meeting on Thursday at the Casa Rosada, the President and his sister, influential Presidential Chief-of-Staff Karina Milei, expressed their public support for the official, despite the increasing allegations … Read more
President Javier Milei’s administration has significantly reduced inflation — from 211% annually in 2023 to 31% in 2025 — and achieved two consecutive years of fiscal surplus, a feat not accomplished in Argentina since the initial Kirchner administration nearly two decades prior. However, his popularity has been declining for several months. The decline cannot be … Read more
The government of President Javier Milei garnered renewed backing from the United States at the end of April, attributed to an enhancement in Argentina’s intellectual property ratings. In a recent acknowledgment of the strengthening relationship between Washington and Buenos Aires, the Office of the United States Trade Representative elevated Argentina’s rating in its annual assessment … Read more
Fitch Ratings has upgraded Argentina’s credit score, reflecting an increasing confidence in President Javier Milei’s efforts to reform the economy and obtain financing for the nation’s forthcoming debt commitments. The South American nation was upgraded to ‘B-‘ from ‘CCC+’, which is six notches below investment grade, according to a statement released by the ratings firm … Read more
The count of households benefiting from subsidies in Argentina has decreased by approximately three million since December 2023, coinciding with the commencement of President Javier Milei’s administration. At present, there are 2.1 million fewer households benefiting from electricity support and 900,000 fewer receiving assistance for piped natural gas in comparison to the beginning of the … Read more