News of economy

'Cuadernos' of corruption: A look at the entrepreneurs in the dock

Today 07:42 A couple of months away from the start of Argentina’s biggest-ever corruption trial, the “Cuadernos de las Coimas” case currently involves 74 defendants and 626 witnesses.

Central Bank defends peso as Milei faces setbacks

Yesterday 23:37 Central Bank steps into market to prop up the peso – first time it has since Milei administration introduced trading band in April.

Vaca Muerta producing three times as much gas as Bolivia

Yesterday 17:54 Massive shale formation, based mostly in Neuquén, now producing nearly 91 cubic metres of natural gas per day – three times as much as neighbouring Bolivia. Change reflects the loss of reserves to the north and the consolidation of Argentina as a new regional player in market.

by Alan Ares

Over 600 contracts between ANDIS and Suizo Argentina under investigation

Yesterday 17:26 Probe has already uncovered "irregularities" with contracts, including "overpricing" and "steering" in contracts, according to reports.

US plans to nominate Treasury’s Katz as IMF’s number two official

Yesterday 13:56 Nigel Chalk also named director of IMF's Western Hemisphere Department, likely to lead Fund's work with Argentina, its biggest borrower.

Distressed trader’s soy can feed pigs in Argentina, suitor says

Yesterday 08:18 Grains brokerage Grassi SA, a key suitor for the assets of Vicentin SAIC, once Argentina’s top exporter of soy meal, eyes new business model for distressed trader.

Ten key points from Milei’s 2026 Budget bill

16-09-2025 17:13 President Javier Milei unveils Budget bill to be sent to Congress; Fiscal balance is “non-negotiable cornerstone” of government’s plan, says President.

Argentine assets rebound as Milei strikes more moderate tone

16-09-2025 16:28 Dollar bonds recovering from week-long rout after President Milei struck more conciliatory tone in budget speech.

Argentina moves to curb dollar demand amid bid to contain peso

15-09-2025 17:41 President Milei's government again tightens controls to prevent the peso from slumping.

Milei presents 2026 Budget bill as opposition vows no new extension

15-09-2025 17:35 Opposition governors and lawmakers seek to impose strict timetable for debate to ensure the law passes before the end of the ordinary sessions.

Meet the man who wants to run Latin America's most valuable company like a start-up

15-09-2025 10:29 Who is MercadoLibre's new CEO, the man who wants to run Latin America's most valuable company like a start-up? Ariel Szarfsztejn is inheriting the mantle of the e-commerce and fintech giant from Marcos Galperin at a time of mounting competition and talent constraints.

Private-sector employment dropped in July, dismissal rate rises

15-09-2025 08:49 Fall of recorded private-sector work is in keeping with the increase of job dismissals.

An emperor needs new clothes

13-09-2025 06:38 Nationalising a provincial contest into a plebiscite and advance opinion poll emerges as a colossal error, even if some argue that without the presidential figure La Libertad Avanza would have fared even worse.

The end of Milei’s single-issue government

13-09-2025 06:30 Until now, the Milei administration has been a single-issue government, working under the notion that a fiscal surplus will fix the country’s entire problems. The public does not seem to be OK with that anymore.

by Marcelo J. García

Argentina shale can resist political risk, Milei oil chief says

11-09-2025 19:37 Argentina’s plans to lure investors to finance shale oil and gas infrastructure can withstand short-term political risk, according energy chief, Daniel González.

IMF offers Milei backing, hails progress on inflation, fiscal reform

11-09-2025 14:25 IMF praises Milei inflation drop, cautions over market volatility; No immediate concerns over peso intervention, says Fund spokesperson.

Argentina posts strong debt auction after local vote fuelled rout

10-09-2025 19:05 Milei administration rolls over more than 91% of peso-denominated notes, selling a total of 6.6 trillion pesos (US$4.7 billion) in government notes.

President Milei plans reset with nationwide broadcast on budget

10-09-2025 17:58 Spokesperson Manuel Adorni announces that President Javier Milei will address the nation on Monday September 15, at 9pm, to present Argentina's 2026 Budget.

Milei revives Interior Ministry in nod to governors, appoints Catalán

10-09-2025 11:33 Position had been previously scrapped by government; Lisandro Catalán will join Cabinet Chief Guillermo Francos and Luis Caputo on newly-formed “Mesa Federal,” bid to restore dialogue with provincial governors.

‘Not a millimetre’: Milei vows no shift in policy as IMF offers support

10-09-2025 11:00 Following damaging electoral defeat and resulting market jitters, President insists his economic reform plan will continue unchanged.

Fired ANDIS chief Diego Spagnuolo could turn whistleblower in graft case

09-09-2025 00:23 The former head of the ANDIS national disability agency is pursuing a different strategy to the Kovalivkers, the owners of the Suizo Argentina, who have asked for the case implicated top Milei government officials to be closed.

by Giselle Leclercq

Report: Argentina set for century-high oil output, record gas production

08-09-2025 17:51 Rosario Board of Trade report highlights Vaca Muerta’s role in driving production and widening of energy trade surplus.

President suffers major setback in bellwether vote

08-09-2025 00:51 With 91% of polling stations reporting, Fuerza Patria has 47% of vote against nearly 34% for Milei's ruling La Libertad Avanza.

Milei admits ‘electoral setback,’ vows ‘not to repeat mistakes’

08-09-2025 00:14 “Not only do we confirm our path, we will accelerate and deepen it further,” declares head of state after damaging defeat in Buenos Aires Province.

Milei government admits its audit of soup kitchens never existed

06-09-2025 10:22 Milei government acknowledges in an official document that it lied: audit that found that 50% percent of community kitchens were ‘phantom’ in fact never existed. Admission was made in response to request by deputy Natalia Zaracho.

The curtain rises

06-09-2025 07:16 The main contenders have sought to inject more importance into this election by nationalising the dispute, subordinating its result to a greater game, but this has only deepened the impoverishment of the debate.

Stories that caught our eye: August 29 to September 5

05-09-2025 17:48 A selection of the stories that caught our eye over the last seven days in Argentina.

What’s at stake in Sunday’s election

05-09-2025 10:57 There is a lot riding on the legislative elections in Buenos Aires Province. In addition to being watched by the rest of the country, the results on September 7 will have an impact on the markets and all political actors.

by Jorge Fontevecchia