Economy Minister Luis Caputo announced on Thursday that the resumption of work on the Jorge Cepernic hydroelectric dam in Santa Cruz province is imminent. Caputo confirmed the news on his X account, stating that the construction “could be completed by 2030” and is expected to “contribute 1,860 GWh to the Argentine Interconnected System.” The project … Read more
President Javier Milei expresses his intention to establish the “strategic alliance” with the United States, under the leadership of ally President Donald Trump, as a “state policy.” During a state of the nation address to Congress on Sunday night, the leader of La Libertad Avanza stated, “the South Atlantic is the strategic battleground of the … Read more
President Javier Milei’s signature labour reform has successfully passed its final obstacle in the Senate, marking a crucial triumph in the libertarian’s bold agenda that may assist the South American nation in re-entering global markets. The upper chamber passed the significant legislation with a 42-28 vote late Friday, following a prolonged campaign against deeply rooted … Read more
According to Argentina’s President and several major mining companies, the primary obstacles to accessing substantial copper wealth are composed of frozen geological formations and stringent regulatory frameworks. Over the past year, executives from Glencore Plc, Lundin Mining Corp, and partner BHP Group have made their way to Javier Milei’s presidential palace in Buenos Aires. These … Read more
Argentine stocks are lagging behind the broader rally in Latin American equities this year, as the previous market enthusiasm surrounding President Javier Milei’s electoral successes diminishes amid worries regarding disappointing corporate earnings. Following the surge in shares after Milei’s midterm election victory in October, the benchmark Merval index stabilized and subsequently experienced an eight percent … Read more
President Javier Milei is set to make an appearance in New York City from March 9 to 11, where he will be the featured guest at “Argentina Week.” This prominent investment roadshow is designed to strengthen Wall Street’s backing for his economic agenda and draw in new capital. Milei, 55, has extended an invitation to … Read more
Argentina’s economy experienced growth exceeding expectations in December, attributed in part to a record wheat harvest that mitigated the repercussions of a significant midterm election. Economic growth increased by 1.8 percent in December relative to November, as reported on Tuesday, following a contraction of 0.3 percent in November for South America’s second-largest economy. Compared to … Read more
The final passage of President Javier Milei’s Labour Modernisation bill is on the horizon. In the midst of legislative discussions across both chambers of Congress, the government has put forth arguments advocating for the necessity to diminish labour litigation and put an end to what is referred to as the labour “trial industry.” However, several … Read more
As the Javier Milei administration starts to leverage its newly acquired legislative power, Argentina is further entrenching the divisions of the latest phase of ‘la grieta,’ the nation’s distinctive form of political polarization. Although this should not be regarded as a mere curiosity, it starts to illuminate the emerging relative distribution of power that will … Read more
The Argentine government has implemented modifications to the Large Investment Incentive Regime (RIGI, by its Spanish initials) that was approved in 2024, extending its duration and expanding benefits for the oil and gas sector. The RIGI provides tax, customs, legal, and foreign exchange advantages for investments that surpass US$200 million. It is accessible to both … Read more