Credit rating agency Moody’s has elevated Argentina’s sovereign debt rating and revised its outlook on the nation from stable to positive, attributing this change to a reduction in default risk and “improving governance.” On Tuesday, the agency elevated the long-term local and foreign-currency issuer ratings of the government of Argentina from Caa1 to B3. Argentine … Read more
Stewart Wheeler, the Canadian ambassador to Argentina, said that negotiations are underway to update a 1992 agreement between the two nations to safeguard and promote investments. The objective is to draw in investments in the mining sector, which President Javier Milei views as vital for economic expansion and in which the North American nation possesses … Read more
Economy Minister Luis Caputo announced that a private company based in the United States intends to invest US$1.2 billion to construct a small modular reactor at the Atucha nuclear complex. The reactor, an ACR-300, was designed in Argentina. The project was presented by Meitner Energy, a firm with capital from both the United States and … Read more
President Javier Milei confirmed on Sunday that Diego Santilli will assume the role of Cabinet chief following the resignation of Manuel Adorni, who is currently under investigation for alleged illicit enrichment. Milei disclosed the appointment via social media, sharing an image of himself with Santilli and his sister, Karina Milei, who serves as Presidential Chief-of-Staff. … Read more
The International Monetary Fund emphasised the advancements achieved by the Milei administration in terms of economic stabilisation, decreasing inflation rates, and increasing reserves. The fund indicated that the decision for Argentina to return to international debt markets rests with the country’s own authorities. The message was delivered by Julie Kozak, the director of the IMF’s … Read more
Registered workers earning the minimum wage in Argentina can currently purchase only six out of every ten products that their salary would have allowed prior to Javier Milei’s assumption of office. This level of purchasing power is even inferior to the crisis of 2001, warns a new report from the University of Buenos Aires. It … Read more
Workers in the Argentine gig economy have been increasing consistently over the past year as a result of a decrease in formal employment. According to estimates from the App-Based Workers Union (Sitrarepa, for its Spanish acronym), the workforce in this sector approaches 1 million individuals. Official data from the Superintendency of Occupational Risks, the government … Read more
MSCI Inc is set to determine next week if Argentina will be reinstated in global stock indexes, a decision that may catalyse an influx of capital into the relatively illiquid domestic market. The index compiler is set to publish its Classification Review on June 23, which will determine whether Argentina remains on Standalone status, initiates … Read more
Since assuming office in late 2023, Javier Milei has made various efforts to encourage Argentines to withdraw their dollars from “under the mattress” — essentially, to reintegrate them into the formal economy. The initial initiative was the Asset Regularisation Regime, a tax amnesty that permitted Argentines to disclose assets that were previously concealed. It launched … Read more
A regional training on nuclear technology put on by the United States called the Foundational Infrastructure for the Responsible Use of Small Modular Reactor Technology program was recently held in Argentina. It was the fourth time that the program had been held in Latin America and the Caribbean. In September 2025, Argentina became the first … Read more