Officials at the Central Bank of the Argentine Republic offered critical perspectives on economic activity, inflation, and the hurdles confronting monetary policy as the nation approaches the upcoming year. The remarks were delivered during the presentation of the Monetary Policy Report for the third quarter, which took place on Thursday and was attended by BCRA … Read more
Argentine authorities and staff from the International Monetary Fund reached a staff-level agreement on Tuesday. This marks the third evaluation of the Extended Fund Facility program established by the Milei administration with the lender in 2025. The new program unlocked a US$20 billion loan, which accumulates alongside a prior US$45 billion debt incurred by the … Read more
A rout in Argentina’s bonds has caught bullish investors off guard, as a global emerging markets pullback exacerbates worries regarding President Javier Milei’s re-election prospects and the nation’s capacity to fulfilll billions in imminent debt obligations. Argentina’s sovereign dollar bonds have exhibited the poorest performance among emerging markets in the last two months, as a … Read more
Argentina is hesitating to sell dollar debt in the local market due to a rise in borrowing costs, complicating its efforts to fulfilll billions in debt payments next year. The government has refrained from issuing a Bonar dollar bond domestically for two months, marking its longest hiatus since the program’s inception in February, coinciding with … Read more
Javier Milei is resolute in his ambition to transform Argentina into a technology hub, actively traversing the globe to advocate for the nation’s benefits: extensive land, abundant water resources, low energy costs, and the assurance of a legal framework designed to meet the requirements of significant digital enterprises as they establish data-storage infrastructure. Data centers … Read more
A push by President Javier Milei’s administration to get Argentine banks “banking again” is losing momentum, as lenders are once again relying on government bonds for profit. This shift occurs amid a slowing economy and elevated delinquency rates that are impacting their traditional business operations. Earnings from government securities at commercial banks constituted approximately 56 … Read more
A consortium of firms from Argentina, Brazil, and the Netherlands has secured 90% ownership of the public water and sanitation utility company Agua y Saneamientos Argentinos, as announced by the government on Thursday. The bid in the tender amounted to US$340 million. The news indicates that the company, which supplies running water service to the … Read more
German companies have maintained a foothold in Argentina since the mid-19th century, beginning with Siemens’ installation of a telegraph network along the railway. Over the years, their presence has expanded significantly, particularly in the automotive manufacturing sector with companies such as Volkswagen, BMW, and Audi, alongside notable advancements in chemicals and pharmaceuticals represented by Bayer … Read more
Argentina’s Supreme Court has reversed a decision made by a lower court on Tuesday, which had prevented the implementation of an article within President Javier Milei’s 2023 mega decree that annulled the country’s Land Law. The law, enacted in 2011, establishes restrictions on the extent of rural land ownership permissible for foreign entities. While the … Read more
Argentina’s stock market is starting to reflect the economy’s uneven growth under President Javier Milei, with energy shares capitalising on elevated oil prices, while other sectors remain stagnant. The nation’s benchmark S&P Merval index is currently down nine percent in 2026 when measured in dollars, reflecting a cooling off from a rally that commenced in … Read more
