An influx of Argentine companies is seeking to issue global bonds as chief financial officers aim to take advantage of robust investor demand in the wake of President Javier Milei’s triumph in the congressional midterm elections. Pampa Energía SA, a natural gas and power producer, is set to issue new dollar bonds maturing in 2037. … Read more
Argentina’s Ambassador to the United States, Alec Oxenford, stated on Monday that a trade agreement between the two nations “is practically finalized” and that the announcement is imminent. The diplomat indicated that the negotiations involving Presidents Javier Milei and Donald Trump are supported by the US Treasury. “There will be news very soon,” he stated. … Read more
Economy Minister Luis Caputo informed investors in New York that Argentina intends to repurchase sovereign bonds and begin accumulating foreign reserves, even as the peso remains within its designated trading band, according to sources familiar with the situation. In a recent meeting attended by approximately 40 investors, organized by JPMorgan Chase & Co., Caputo indicated … Read more
Under President Javier Milei’s administration, a minimum of 16 multinational corporations have exited Argentina to date. The sectors exhibit variability; however, they are predominantly influenced by issues such as insufficient legal security, profitability challenges, complications in dividend collection, and the regional strategies employed by firms. A comprehensive array of structural factors has hindered the official … Read more
Sources indicate that Argentina has yet to register for participation in the COP30 climate summit. This suggests that the nation might align with the United States in abstaining from the upcoming annual discussions organized by the United Nations, set to commence in Brazil later this week. Last week, the White House confirmed that no senior … Read more
Argentina’s Central Bank has reduced its one-day peso repo rate by 300 basis points to 22 percent, as per reports, in the context of market stabilization following President Javier Milei’s midterm election victory. Traders were informed of the new rate on Wednesday via the BYMA, the principal stock exchange in the country, according to sources. … Read more
In the wake of La Libertad Avanza’s unexpected triumph in Argentina’s midterm elections, President Javier Milei’s administration has bolstered its standing in both legislative chambers, thereby facilitating the advancement of an extensive economic reform agenda designed to liberalize the Argentine economy, according to a source. The package encompasses the 2026 budget alongside tax and labor … 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
Javier Milei strode onto the stage in Santiago, flung up his arms, and gave a bow to an economist with a front-row seat: Rolf Lüders, one of the last of the original Chicago Boys. In 2019, four years prior to Milei’s election as President of Argentina, he began implementing his anarcho-capitalist approach to shock therapy … Read more
US Secretary of the Treasury Scott Bessent is preparing for a second visit to Argentina, as stated by President Javier Milei. Bessent, commending Milei’s “monumental midterm election victory” from the previous weekend. Furthermore, he urged for a robust and “enthusiastic” reaction from the markets to support Washington’s ally in the south. Milei, a firm advocate … Read more