News of economy

Swiss-Norway group and South America’s Mercosur agree on free-trade deal

02-07-2025 18:17 European Free Trade Association of Switzerland, Norway, Liechtenstein and Iceland finalise free-trade agreement with Mercosur bloc.

Peso weakens as seasonal bonus stokes dollar demand

02-07-2025 17:38 Peso weakens to 1,243 pesos per dollar during trading as seasonal demand for dollars picks up.

Economy grew more than expected after Milei lifted controls

30-06-2025 17:51 Argentina’s economy grew more than expected in April, with economic activity up 1.9% on previous month.

Milei’s actor friend runs state agency with multi-million-dollar budget

30-06-2025 17:16 AAICI trade body, led by ally and friend of President Javier Milei, received more funds than Garrahan Children’s Hospital over the past nine months.

Total gets offers for potential sale of Argentina shale oil assets

28-06-2025 18:12 France’s TotalEnergies SE is in talks with at least two suitors who have submitted bids for its shale oil assets in Argentina.

Milei’s Argentina: A tale of two pockets

28-06-2025 07:33 There is a “dollarised” Argentina doing well and a “pesofied” Argentina that is struggling.

by Marcelo J. García

Argentine fintech Tapi buys Mastercard unit in Mexico expansion

27-06-2025 13:15 Argentine payments services startup tapi has acquired the bill payment and cash-handling operations of Mastercard’s Arcus in Mexico, part of a bid to double-down on Latin America’s second-largest economy. 

With same demands, isolated Milei prepares for Mercosur summit

26-06-2025 18:51 No bilateral meetings anticipated, but at the upcoming summit in Buenos Aires, there could be clashes with Luiz Inácio Lula da Silva – if not over their stance regarding the international situation involving Israel and Iran, then over the Brazilian leader’s potential visit to see Cristina Fernández de Kirchner serving house arrest.

Child poverty on rise in northwest and northwest of Argentina

24-06-2025 14:18 Child poverty as measured by UCA watchdog dropped from 58.8% to 52.8% nationwide between second halves of 2023 and 2024. But the drop was uneven and, in some parts of Argentina’s north, the situation even worsened.

by Agustina Bordigoni

Economy grows less than expected as imports surge

23-06-2025 22:46 Gross domestic product expanded 0.8% in first three months of the year compared with the previous quarter, short of analysts' estimates.

Unemployment rises despite economic recovery, data shows

19-06-2025 22:19 Unemployment in Argentina rose to 7.9 percent in the first quarter of 2025, according to INDEC data.

Oxenford takes up post as Argentina’s ambassador to United States

18-06-2025 14:24 Tech businessman presents credentials to US President Donald Trump; Foreign Ministry reshuffle continues with appointment of key economic envoy.

by Cecilia Degl'Innocenti

Monthly inflation drops to 1.5% – lowest level in five years

12-06-2025 16:05 Consumer prices rose just 1.5% in May, according to government data – the lowest monthly rate since May 2020; Inflation at 13.3% so far this year, 43.5% over the last 12 months.

IMF applauds Argentina's measures to boost dollar reserves

12-06-2025 15:15 Earlier this week, Argentina’s Central Bank rolled out new economic measures designed to boost foreign currency holdings.

Argentina bonds rise on new measures to lure dollars

10-06-2025 20:46 Central Bank unveils a slew of measures aimed at helping the nation amass more hard-currency reserves.

Argentina eases bond auction rules in aim to lure more dollars

09-06-2025 22:10 Central Bank unveils slew of measures aimed at helping the nation amass more hard-currency reserves.

Buenos Aires Province debt climbs as Milei confronts local election test

05-06-2025 12:35 Dollar notes issued by Buenos Aires Province are the best-performing government credits across emerging-markets since La Libertad Avanza won in a city hall race in mid-May.

Brazil's Lula urges Macron to seal EU-Mercosur trade deal

05-06-2025 12:14 Brazil's president urges French counterpart to "finalise" EU trade deal with Mercosur during visit to Paris.

Trump's trade war: US doubles steel, aluminium tariffs

04-06-2025 10:41 US president doubles tariffs on aluminium and steel from 25 percent to 50 percent, raising temperatures with various partners.

Milei’s cuts are making credit harder to collect in Argentina

04-06-2025 10:30 Just over a year and a half since Javier Milei took office, businesses and households are under strain from stagnant wages and lingering inflation.