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
Argentina’s state-owned airline has cancelled special flights for the World Cup from three provincial cities to Miami for fans of the reigning champions. This decision comes in light of increasing fuel costs due to the ongoing conflict in Iran and a global demand that has not met initial expectations. Aerolíneas Argentinas SA will cease operations … Read more
Argentine provinces are accessing global bond markets at the quickest rate in almost ten years, while the federal government remains focused on short-term debt in the domestic market due to investor concerns regarding the upcoming 2027 elections. Chubut, Cordoba, and other provinces, together with Buenos Aires City, have collectively issued bonds amounting to US$2.3 billion … Read more
Argentina’s President Javier Milei welcomed Czech President Petr Pavel at the Casa Rosada, as part of an initiative to enhance political and economic relations between the two nations. Pavel, a former NATO general whose presidential role is primarily ceremonial, engaged with Milei in the presence of their respective delegations, which included Argentina’s Foreign Minister Pablo … Read more
During an event held in Buenos Aires, two accelerators focused on promoting greater female representation in traditionally male-dominated sectors showcased three young female founders. These entrepreneurs introduced their startups, each designed to innovate within the realms of mental health treatments, agriculture, and medical data. The presentation was orchestrated by Emprendedoras LAC and WeInvest, two initiatives … Read more
The union representing tire industry workers, SUTNA, organized a march outside the Labor Secretariat in Buenos Aires on Wednesday to express their opposition to the possible closure of tire manufacturer Fate. A 24-hour strike is also being conducted. The closure is anticipated to result in the loss of over 900 jobs. The protest commenced at … Read more
Chinese tourists arriving in Argentina on China Eastern’s new Shanghai–Buenos Aires route can expect greetings in Mandarin, special menu options in airport restaurants, and a steady supply of cups of hot water as part of their welcome. The inaugural flight that landed on Thursday represents a significant advancement in intercontinental connectivity. In addition to reestablishing … Read more
Javier Milei is set to return to the United States this week to participate in a global summit in Miami, where he will be among notable attendees such as national football team captain Lionel Messi and US President Donald Trump. This marks the 14th visit to the United States for the President since assuming office … Read more
Argentine bonds have reacted sharply to each headline that has appeared on trading screens over the past fortnight, resulting in a significant degree of volatility. Certain investors perceive local traders as the driving force behind numerous market movements, while foreign participants maintain a cautious stance. The nation’s dollar notes, having experienced their most significant rally … Read more
In the first quarter of 2025, Argentina experienced an increase in unemployment, reaching 7.9 percent, as reported by the INDEC national statistics bureau. This figure indicates a rise of 1.5 points relative to the 6.4 percent noted during the October-December 2024 timeframe. It experienced an increase relative to the January-March quarter of 2024, albeit by a … Read more