News of economy

Milei inks trade, investment deal with United States

Yesterday 20:18 Foreign Minister Pablo Quirno announces agreement with Washington; US will eliminate tariffs on more than 1,600 products and grant “unprecedented” access for Argentine beef, says government.

Argentina signs US trade deal that cuts hundreds of tariffs

Yesterday 17:54 US agrees to eliminate over 1,600 reciprocal tariffs on Argentine goods while Milei’s government will terminate more than 220 levies on US products.

Reidel justifies debt clearance amid nuclear plant graft claims

04-02-2026 23:24 Head of Nucleoeléctrica Argentina responds to accusations over payment of debt contracted with Banco Macro, indicating that it was cleared with his own funds in a "transparent operation."

Argentina is key US partner for rare earth extraction, says Rubio

04-02-2026 15:08 “Argentina has the capacity in terms of natural resources … not just for the United States, but for the world,” declares US secretary of state.

Milei eyes labour reform as extraordinary sessions of Congress kick off

03-02-2026 09:18 Also up for discussion will be bills linked to the Juvenile Penal Code, amending régime for glacier preservation and free-trade agreement between Mercosur and the European Union.

Milei shelves inflation revamp after statistics chief quits

02-02-2026 19:01 President Milei’s government says it’s holding off on using new methodology to measure inflation, just hours after Argentina’s chief statistician resigned from his post.

Report: Argentina bought US$808 million from US to pay IMF

02-02-2026 07:32 Argentina buys US$808 million in special drawing rights from the US Treasury to tackle payments at the International Monetary Fund.

An unlucky number

31-01-2026 06:55 The Milei administration would not seem to be superstitious in sending a bill to Congress to lower the age of criminal responsibility

Business chamber says consumption up 2.5% last year

29-01-2026 17:31 Consumption rose in 2025 compared to the previous year, says Argentine Chamber of Commerce in report, although December spending dropped 1.4% from 2024.

JPMorgan courts Argentina by readily refilling stash of dollars

29-01-2026 16:08 JPMorgan’s ties to Argentina run deep — just look at Milei’s economic team.

Milei spurns Techint billionaire Rocca as Indian firm wins pipeline bid

27-01-2026 14:14 Flagship pipeline project championed by Milei administration chooses foreign supplier over a local giant run by one of Argentina's richest men.

Outbound trips by Argentines up 38% year-on-year

26-01-2026 19:04 Outbound tourism surges year-on-year Milei as arrivals fall and travel balance swings sharply negative; Argentina received 8.7 million visitors in 2025, down 19.7% from 2024, while 18.8 million residents travelled overseas.

Milei doesn't think Argentina is ready for a free-floating peso yet

22-01-2026 16:42 Despite mounting investor pressure, the President isn’t ready to let the currency float; Caution is part of pragmatic posture he has exhibited in office.

Milei at Davos hails Argentina’s China ties in defence of trade

22-01-2026 15:17 President defends free trade in interview with Bloomberg on sidelines of Davos summit; Passes up opportunity to condemn Trump’s sidelining of Machado in Venezuela, but once again criticises Brazil’s Lula.

EU Parliament refers Mercosur trade deal to bloc's top court

21-01-2026 11:16 The European Union's parliament votes in favour of asking top court to determine whether the deal is compatible with the bloc's rules.

Venezuela looks to woo US oil majors with new US-educated investment czar

20-01-2026 18:34 Interim leader Delcy Rodríguez names US-educated banker Calixto Ortega Sánchez as new head of Venezuela's main investment agency, an apparent overture to US investors.

Milei’s relentless chainsaw – the great campaign promise he kept

19-01-2026 21:07 Several of the grandest presidential commitments made by Argentina’s President on the campaign trail in 2023 have been shelved and apparently forgotten: dollarisation, the implosion of the Central Bank and the total eradication of inflation. Without support from the IMF or the United States, those objectives would have proved unviable. But there is one point nobody can dispute: the fiscal surplus. In scarcely two years, the government has reversed a historic deficit with the deepest austerity since the return of democracy. But the discussion still pending is the political, social and institutional cost.

by Carlos Burgueño

IMF projects economy will grow 4% in 2026 and 2027

19-01-2026 13:56 IMF confirms positive outlook for Argentina; Economy expected to grow 4% over next two years.

EU inks South America trade deal after 25 years of negotiations

17-01-2026 14:46 Two blocs sign one of the world’s largest free-trade agreements, clinching a deal that has been in the works for more than two decades.

Mercosur to ink long-awaited trade deal with European Union

17-01-2026 09:34 South American bloc Mercosur and the European Union will sign a deal later today that has been 25 years in the making; It will create one of the world's biggest free-trade areas at a time of growing protectionism and volatility.