News of economy

IMF sees Argentina meeting year-end reserves target challenging

04-12-2025 13:32 IMD admits Argentina's bid to build up its foreign reserves and meet end-year accumulation target will be “challenging.”

Caputo: Argentina negotiating loan of up to US$7 billion with banks

03-12-2025 23:33 Economy Minister Luis Caputo confirms negotiations with private banks are ongoing over an amount equivalent to US$7 billion.

Milei’s ‘deep chainsaw’ targets 30,000 more public-sector lay-offs

03-12-2025 12:23 As of October, the number of state workers stands at 282,000 – the result of a wave of lay-offs that began in 2023 and ended with 58,000 jobs lost. The target is a workforce of 250,000 employees, with cuts eyed at the Cabinet Chief’s Office and state media.

Historic deal will see Argentina export Vaca Muerta gas to Europe for eight years

02-12-2025 20:24 Consortium of local companies selling via seaways finalises an eight-year agreement with one of the most powerful energy firms in the world.

by Ariel Maciel

Aerolíneas Argentinas adds 18 Boeing and Airbus aircraft to its fleet

30-11-2025 09:37 State airline, which currently operates 82 aircraft, will take delivery of two Boeing 737 Max 8 jets in 2026 and the rest between 2027 and 2029.

The tectonic fracture of Argentina’s economy

29-11-2025 05:20 This is a game-changer for Argentina’s economy, anticipated for years and slowly happening. Milei has contributed to this outcome, but it is not solely the result of his actions. He is, however, the President that – if he does things right – will benefit from it.

by Marcelo J. García

YPF partners with Italy’s ENI to search for offshore oil in Uruguay

26-11-2025 11:57 Uruguay, through its state-owned oil company Ancap, has seven offshore areas with active exploration contracts held by international companies.

Economy grew 5% year-on-year in September, says INDEC

25-11-2025 21:41 Argentina's economy expanded more than expected in September, despite increased market turmoil caused by local and national midterm elections.

Milei signs deal with Chubut to scrap export duties on conventional oil

20-11-2025 16:50 National government and Chubut Province sign agreement to eliminate export duties on conventional crude oil; Province will revise royalties and companies will maintain their investments.

Study: Argentina has lowest minimum wage in dollars in Latin America

20-11-2025 15:50 Javier Milei’s pledge that “salaries in dollars will take off” after his election has run up against a harsher reality – real purchasing power is now lower than it was in 2001, finds study by CELAG think tank.

Report: 276,000 formal jobs lost in 21 months of Milei

18-11-2025 16:18 Report by CEPA think tank details 276,000 jobs lost since start of Milei administration in December 2023; Study finds 20,000 firms – or close to 30 companies a day – have closed their doors over same period; Public administration and construction lead the decline.

Crime, economic woes push South American voters to right

18-11-2025 15:36 Reasons why South Americans are electing right-wing candidates this year differ in each country, but they’re all driving the region in the same political direction.

Argentina awaits data before seeking to renegotiate IMF targets

15-11-2025 16:32 Argentina intends to renegotiate reserve requirements, but will wait until the end of the year to do so.

Milei weighing up trip to United States for trade deal signing

15-11-2025 09:33 If confirmed, the trip would be the President’s 15th visit to that country since taking office in December 2025.

White House: US, Argentina agree ‘framework’ for trade deal

13-11-2025 21:02 Joint statement issued by White House says United States has reached “framework agreement” with Argentina and three other nations as part of push to lower prices; Milei government commits itself to eliminating non-tariff barriers and agrees to “open up markets” for “key products.”

Bananas and beef: White House announces Latin America trade deals

13-11-2025 19:54 White House announces trade agreements with Argentina, Guatemala, Ecuador and El Salvador – though details were few and far between.

Chevron wants Argentina tax reform as it plans major oil growth

13-11-2025 08:31 Chevron calls on President Javier Milei's government to lower taxes and relax capital controls.

Inflation picked up slightly ahead of midterm vote

13-11-2025 00:13 Prices in Argentina picked up in line with expectations; Transport costs saw major increases.

Vista eyes Milei reforms in bid to double Argentina shale output

12-11-2025 14:43 Vista Energy CEO Miguel Galuccio sees another round of reforms from Javier Milei as a trampoline to growth.

Luis Caputo: ‘It’s possible Argentina will grow by up to 10% in 2026’

12-11-2025 12:57 Argentina’s economy minister says growth could reach five or six percent next year, but could rise as high as 10 percent should President Milei’s reform push be successful.