This week, Argentina secured a reprieve from the International Monetary Fund; however, President Javier Milei is confronted with a pressing hard-currency shortage that must be addressed prior to the elections next year. Following agreements with the World Bank and the Inter-American Development Bank, alongside repos, local debt emissions, and forthcoming privatisations of state-owned enterprises, Economy … Read more
On Wednesday, the Argentine government finalized a staff-level agreement with the International Monetary Fund. If sanctioned by the lender’s board, it would facilitate access to approximately US$1 billion. On the same day, Economy Minister Luis Caputo traveled to Washington D.C. to participate in the IMF Spring Meetings and engage with the organization’s leader, Kristalina Georgieva. … Read more
President Javier Milei has seen a complete erosion of the gains he achieved in opinion polls following his victory in the October midterm elections last year. His approval ratings have reached their nadir since he assumed leadership of Argentina in December 2023. However, this is not inherently a cause for significant concern while in office. … Read more
The conflict between the United States and Iran is driving up global oil and gas prices, yet Argentina is starting to reap the rewards. The increasing production from Vaca Muerta is transforming the nation into a net energy exporter, enabling it to capitalize on a global energy crisis that would have previously burdened its economy. … Read more
Cofco International Ltd announced that it is in the process of loading a bulk cargo of Argentine corn destined for China, marking the first shipment of its kind in over 15 years as the two nations enhance their agricultural trade relations. The agreement follows China’s approval of Argentine corn imports for 2024, coinciding with the … Read more
Poverty in Argentina decreased to 28.2% in the second semester of 2025, as reported by the government’s statistics institute, INDEC, on Tuesday. This represents the lowest figure recorded since the first half of 2018. In the interim, 6.3% of the population in the country experienced extreme poverty. Extrapolated to the total population, 13.1 million individuals … Read more
President Javier Milei’s administration is initiating a tender for the Belgrano Cargas freight line, which is among the state enterprises slated for privatisation under the ‘Ley de Bases’ comprehensive reform of 2024. The forthcoming tender follows the La Libertad Avanza administration’s presentation of the key components and timelines of its strategy to business representatives and … Read more
Argentina and the United States possess a unique chance to establish a foundation that transcends a fleeting political partnership or a limited trade connection. By collaborating, they can establish a strategic alliance focused on essential minerals that enables Argentina to enhance its value chain, bolsters US supply security, and mitigates the concentration risks currently characterizing … Read more
President Javier Milei utilized a nationally televised broadcast on Friday night to celebrate a favorable court ruling for Argentina concerning the 2012 nationalization of the state energy firm YPF, while simultaneously characterizing the leaders of the opposition Peronist movement as irresponsible and reckless. In an unexpected ‘Cadena Nacional’ address aired nationwide, Milei vehemently condemned former … Read more
A US appeals court on Friday reversed a decision that mandated Argentina to compensate US$16.1 billion for the 2012 expropriation of oil company YPF. The 2nd US Circuit Court of Appeals in New York issued a ruling, determining that the lower court had erred in siding with former shareholders who alleged they suffered harm due … Read more