News of economy

Argentina to seek UN arbitration over Malvinas oil project

Yesterday 19:32 President Milei orders arbitration proceedings under UN Convention on the Law of the Sea, gives the UK two weeks to halt the 'Sea Lion' project in the North Falkland Basin.

Luiz Inácio Lula da Silva and Flávio Bolsonaro.

Brazil election 2026

Scandal-weary Brazilians to vote as Lula faces Bolsonaro son

Yesterday 17:05 Brazilians vote Sunday in a nail-biter election pitting leftist President Luiz Inácio Lula da Silva against right-wing senator Flávio Bolsonaro.

FOREIGN RELATIONS

Milei heads to Paris to court investment, meet Macron

Yesterday 12:02 Latest edition of 'Argentina Week' roadshow in France; President leads a major delegation of governors and officials to France as government seeks investment amid economic slowdown.

Brazil election 2026

Lula battles for Brazil’s northeast against Flavio Bolsonaro

Yesterday 11:43 As key election draws near, incumbent scraps for every vote in a part of Brazil he's dominated for decades.

Interior of Ezeiza International Airport on the outskirts of Buenos Aires.

TRAVEL & TOURISM

Government extends Aeropuertos Argentina concession to 2049

Yesterday 11:09 President Javier Milei’s government agrees deal with Aeropuertos Argentina to extend concession for 35 national airports until 2049, with further seven-year option; Agreement requires additional US$600-million investment in infrastructure by end of 2031.

A supporter of former Brazilian President Jair Bolsonaro takes a picture with his phone during a demonstration against the government of Brazilian President Luiz Inácio Lula da Silva in front of Brazil's Central Bank in Brasilia on August 3, 2025.

Brazil election 2026

Lula bans sports betting in Brazil, days ahead of crunch election

27-09-2026 17:47 Brazil President bans sports betting sites, the biggest sponsor of the country's football clubs, just days before a nail-biter election.

EDITORIAL

UN = Unbridled Nationalism?

26-09-2026 00:57 For all his unambiguous alignment with Trump and Israel, it is hard not to conclude that Milei fell in line with Argentina’s UN tradition of addressing domestic rather than global audiences.

POLITICS – ANALYSIS

The domestication of Javier Milei

26-09-2026 00:46 What happened to Milei, the outsider? Was he converted or domesticated by the political ecosystem? Did he change when faced with the opportunity to accumulate power and personal wealth?

by Agustino Fontevecchia

BEYOND THE HEADLINES

A world of difference

26-09-2026 00:29 Argentina joined the United Nations as one of the 51 founding members on its very first day – October 24, 1945 – but neither Juan Domingo Perón nor his military replacements could be bothered to take time off for the annual regular session of its General Assembly....

by Michael Soltys

A protester carries puppets depicting President Javier Milei and Presidential Chief-of-Staff Karina Milei during the 'Marcha de Bronca' against government policies, as demonstrators march from Plaza del Congreso to Plaza de Mayo in Buenos Aires on September 19, 2026.

The Week in Review

Stories that caught our eye: September 19 to 26

25-09-2026 19:24 A selection of the stories that caught our eye over the last seven days in Argentina.

Javier Milei speaks to members of the media following an Economic Club of New York event on September 24, 2026.

MARKETS

Argentina’s 10% yields tempt bond buyers as election risks build

25-09-2026 14:22 Bonds at double-digit yields are proving attractive to investors willing to shrug off fears about President Javier Milei’s re-election bid.

Bloomberg interview

Tesla cybertruck fan Milei defends Argentines buying Chinese cars

25-09-2026 09:34 Milei, once a harsh critic of China who called its government an “assassin” and said he wouldn’t negotiate with Communists, has softened his tone since his election in 2023.

FINTECH

Revolut wins Argentina Central Bank approval, plans 2027 launch

25-09-2026 09:26 Approval allows fintech firm to move ahead with preparations for a commercial launch in Argentina next year.

Javier Milei, Argentina's president, during an Economic Club of New York (ECNY) event in New York, US, on Thursday, September 24, 2026.

BLOOMBERG INTERVIEW

Milei rules out deporting Kelpers if UK cedes control of Malvinas

24-09-2026 19:23 “I am very clear that those people will be treated with dignity and justice,” says Milei. “We are not going to kick them out.”

Economic indicators

Economic activity records biggest monthly fall since pandemic

24-09-2026 18:12 Economic activity plunged 2.9% in July from previous month, biggest fall since pandemic; Down 1.4% year-on-year, reports INDEC.

Families at a soup kitchen on the outskirts of Buenos Aires.

Poverty in Argentina

Poverty in Argentina rose to 32.3% in first half of 2026

24-09-2026 16:27 INDEC says 9.7 million people in urban areas are now considered poor in Argentina as household incomes struggle to keep pace with rising costs; Poverty up four points in six months, worrying sign for Milei administration.

President Javier Milei during an Economic Club of New York event in New York on September 24, 2026.

PRESIDENT IN NYC

Milei rejects recession talk, says he’s ‘calm’ about re-election

24-09-2026 15:37 President downplays concerns about Argentina’s stalling economy, touting consistent annual growth that’s left him “very calm” about his chances to win another term.

President Javier Milei prepares to talk at the United Nations General Assembly in September 2026.

ENERGY & GAS

Trump backs Argentina’s landmark LNG project in win for Milei

24-09-2026 08:46 US Export-Import Bank offering to lend up to US$6 billion of financing for 'Argentinas LNG' natural gas project as Trump offers more support to Milei.

ARGENTINA-US RELATIONS

Argentina, US launch ‘Andes-Atlantic Corridor’ to boost infrastructure investment

23-09-2026 19:10 Initiative aims to facilitate long-term investment in transport, energy, mining and digital infrastructure, provide opportunities for US firms

UNITED NATIONS GENERAL ASSEMBLY

Milei presses Malvinas claim, slams 'useless' United Nations in speech

23-09-2026 12:44 President Javier Milei describes United Nations as a "useless organisation" that feeds a "caste of parasites" in General Assembly speech; Pressing Malvinas sovereignty claim before world, he threatens oil firms with exclusion from Vaca Muerta and declares Argentina will be at the forefront of Artificial Intelligence revolution.

People walk past a store window featuring a discount sign in Buenos Aires on October 14, 2025.

ECONOMIC OUTLOOK

OECD cuts Argentina's 2026 growth forecast to 2.6%

23-09-2026 11:13 Global economy proving more resilient than expected despite the Middle East conflict, says OECD; Weaker forecasts for Argentina and much of Latin America reflect mounting energy, inflation and climate risks.

Runners compete in the Buenos Aires International Marathon as they pass in front of a mural depicting Argentine football legend Diego Maradona at La Boca neighbourhood in Buenos Aires, on September 20, 2026.

CRIME & INSECURITY

US-led coalition targets 24 criminal groups as Trump praises Milei

23-09-2026 08:49 US president calls on members on the Shield of the Americas alliance to sanction groups including Tren de Aragua, while praising Argentina’s “great victory” under Milei.

CORRUPTION & THE COURTS

Court confirms trial of former ANDIS chief Diego Spagnuolo on graft charges

23-09-2026 01:12 Former chief of the ANDIS national disability agency to stand trial in a case investigating presumed bribery in medical purchases.

Politics & corruption

Adorni tries to explain his assets to courts in illegal enrichment case

22-09-2026 16:37 Milei’s former Cabinet chief seeks to explain disputed assets, property purchases and cash spending in 78-page filing, but doubts still remain over his claims.

US President Donald Trump and Argentina's President Javier Milei.

US-ARGENTINA TRADE DEAL

Milei’s US trade deal under threat as Argentina demands better terms

22-09-2026 11:26 Milei government tells Trump administration it doesn't have the votes in Congress to ratify bilateral trade agreement signed last February and are seeking renegotiation of the terms.

Argentina's President Javier Milei holds a national football jersey next to Brazil's right-wing presidential hopeful Flavio Bolsonaro holding a national flag during the launching of the latter's candidacy within the Liberal Party convention, in São Paulo, Brazil on July 25, 2026.

ANALYSIS

Milei’s chainsaw inspires Bolsonaro to wield scissors in Brazil election

21-09-2026 18:38 Flávio Bolsonaro is holding up Javier Milei's economic overhaul as an example of the fiscal discipline he says Brazil needs as election race heats up.

PRESIDENT ON EUROPE

Milei says Europe 'is sinking' ahead of trip to France

21-09-2026 18:17 President Javier Milei says Europe is "sinking" because of overregulation, immigration and "wokeism" ahead of visit to France.

POLITICS

Kicillof admits he’s ‘working to beat Milei’ in 2027 election

21-09-2026 18:09 Buenos Aires Province governor stops short of publicly declaring his candidacy, but says a broad political alternative to President Milei’s government is necessary.

SACKINGS AT OLIVIOS

Aide to Karina Milei resigns amid Olivos residence scandal

21-09-2026 17:07 María Belén Agudiez, senior official in Karina Milei’s department who had responsibility for services at presidential residence, steps down after security overhaul that removed 12 staff, including her brother-in-law.

President Javier Milei speaks at the UN General Assembly.

FOREIGN POLICY & DIPLOMACY

President heads to New York for UN General Assembly

21-09-2026 16:32 Argentina’s President will address UNGA on Wednesday and hold meetings with economists, business leaders and representatives of the Jewish community.

UNITED NATIONS

No consensus after third straw poll in UN secretary-general race

20-09-2026 08:12 Costa Rica's Rebeca Grynspan tops third informal poll for UN chief, but there is no clear consensus over who will next lead the organisation.

ANALYSING ARGENTINA

A chainsaw pause to improve re-election hopes

19-09-2026 00:59 Milei’s Budget bill hides a crucial and realistic acknowledgment: his famous "chainsaw" will mostly pause over the year leading to the presidential elections in October 2027.

by Marcelo J. García

BEYOND THE HEADLINES

Fidget, fudge it, Budget

19-09-2026 00:34 National budgets only started with any regularity after the Constitution of 1853 when Argentina’s first elected president Justo José de Urquiza created the modern Economy Ministry in 1854.

by Michael Soltys

AS I SEE IT

The eve of destruction, perhaps

19-09-2026 00:25 If the tech bros are right about what their research teams have devised, it is already too late to do anything to put AI back in a far more restrictive “sand box” than the ones from which it has managed to make a Houdini-like escape…

by James Neilson

Much like with Covid, the AI issue is now fraught with discomfort.

ANALYSIS

AI’s Covid moment

19-09-2026 00:14 The AI 'end game' scenarios are fascinating and quite realistic, but that doesn’t mean they are imminent or inevitable.

by Agustino Fontevecchia

Editorial

A lost generation?

19-09-2026 00:05 Analysis of the problems facing the young tend to focus on specific aspects such as juvenile delinquency, drugs, youth unemployment and online betting. Yet perhaps it is worth paying attention to the everyday lives of this universe beyond these issues.

A monument to Malvinas War veterans in Argentina.

The Week in Review

Stories that caught our eye: September 11 to 18

18-09-2026 19:05 A selection of the stories that caught our eye over the last seven days in Argentina.

Analysis

Milei’s Presidency at risk from stalling economy

18-09-2026 13:29 One year out from his re-election bid, the economic recovery that has underpinned President Javier Milei's popularity is stalling.

A man walks in front of the Casa Rosada presidential palace in Buenos Aires, on September 17, 2026.

Economic indicators

Argentina's economy contracted in second quarter, official data shows

18-09-2026 09:30 Economy shrinks 0.6% from the first quarter; Private consumption and investment down, annual growth remains at 2%.

ECONOMIC INDICATORS

Unemployment in Argentina reaches 7.9%, highest level since 2021

17-09-2026 17:24 Unemployment figure represents jobless people available for work and actively seeking employment as a percentage of the economically active.

Shoppers in the Mercado de San Telmo in Buenos Aires.

ECONOMIC INDICATORS

Economy posts first quarterly contraction since 2024

17-09-2026 17:21 GDP fell 0.6% in the April-June period from the previous three months, better than expectations. On an annual basis, Argentina's economy expanded 2%, reveals INDEC.

MALVINAS SOVEREIGNTY DISPUTE

President sends Malvinas sovereignty defence bill to Congress

17-09-2026 14:54 Milei calls on political leaders to “pause other debates” to approve bill; Proposal expands sanctions for exploiting resources without Argentine authorisation and provides for prison sentences of up to 20 years.

This undated topographical handout image released on September 9, 2026, shows the location of the Sea Lion oil field off the Islas Malvinas/Falkland Islands in the South Atlantic Ocean.

MALVINAS DISPUTE

Judge orders suspension of 'Sea Lion' Malvinas oil project

17-09-2026 14:41 Interim ruling issued by a court in Rio Grande, in southern Tierra del Fuego Province, follows a lawsuit filed by 1982 war veterans and environmental lawyers earlier this month.

ANALYSIS: SHOCK THERAPY

Milei’s strong peso is holding back economic growth

17-09-2026 12:46 Government's efforts to tame inflation with a strong currency are taking a growing toll on the economy.

President Javier Milei addresses the United Nations General Assembly at UN headquarters in New York City on September 24, 2025.

FOREIGN POLICY & DIPLOMACY

Malvinas tops agenda as Milei plans New York trip for UN speech

16-09-2026 18:18 After ramping up the rhetoric on the Malvinas sovereignty dispute, President Javier Milei is preparing to travel to the United States seeking a lift in his political fortunes. He will attend the UN General Assembly, but his schedule remains mostly unknown.

by Pablo Varela

ISLAS MALVINAS

Argentina rejects UK government's 'guide' for Malvinas-related businesses

16-09-2026 14:35 Milei administration steps up legal pressure as Britain backs oil and fishing activity in waters around islands.

ECONOMIC WOES

Crisis prevention filings equal 2025 total in just seven months

16-09-2026 11:13 Applications to Argentina's crisis-prevention bankruptcy procedure have matched last year's total in just seven months, a freedom-of-information request reveals. Behind the acceleration lies a deepening squeeze on the payment chain and mounting financial strain on the country's small and medium-sized firms.

by Eugenia Muzio

A grill master arranges coal as he grills meat during the 'Locos por el asado' festival in San Isidro, Buenos Aires Province, Argentina on November 22, 2025.

BEEF CONSUMPTION

Argentines eating almost five kilos less beef a year

16-09-2026 10:35 Per capita beef consumption down 9.5% in August from previous year, according to CICCRA chamber group; Fall in consumption linked to retail prices.

Residents wait in line to receive chachos in La Rioja.

FEATURE

Defying Milei, Quintela brings back his ‘chachos’ currency in La Rioja

16-09-2026 10:19 The return of the ‘chacho’ currency, which circulates only in opposition-led La Rioja Province, exposes a stubborn reality lying just beneath the President’s radical reform agenda.

ECONOMIC OUTLOOK

Budget: Government projects 4% growth and 18% inflation for 2027

15-09-2026 20:12 Milei government unveils its forecast in 2027 Budget bill that it will present to Congress; Annual inflation currently stands at 33.5%.

An election official works at a polling station during the national midterm legislative election in La Plata, Buenos Aires Province, Argentina, on October 26, 2025.

POLITICS & ECONOMY

Study: Scrapping PASO primaries saved just US$9.5 million

15-09-2026 12:50 Study by Fundación Éforo determines that state saved only US$9.5 million last year by suspending last year’s PASO primaries.

INTELLIGENCE SERVICES

Milei moves to professionalise SIDE intelligence service

15-09-2026 11:10 New statute introduces open recruitment, training and performance-based promotions from 2027; Government seeks to create a professional National Intelligence Corps.

CORRUPTION & THE COURTS

De Vido cleared, four convicted in long-delayed 'Sueños Compartidos' case

14-09-2026 19:06 Court finds four defendants guilty over alleged diversion of social housing funds; Former officials José López and Abel Fatala and brothers Sergio and Pablo Schoklender receive suspended sentences; Verdict comes just one day before the case was due to expire under the statute of limitations

Brazil's President Luiz Inacio Lula da Silva speaks during a press conference at the COP30 UN Climate Change Conference in Belem, Para state, Brazil, on November 19, 2025

Brazil election 2026

Lula and Bolsonaro in dead heat ahead of Brazil vote, polls show

14-09-2026 15:54 Luiz Inácio Lula da Silva and Flávio Bolsonaro appeared statistically tied in a pair of new polls ahead of Brazil’s election.

'YPF Energía Argentina' signage inside the YPF SA headquarters in Buenos Aires.

ENERGY & GAS

YPF says close to signing more LNG sales contracts

14-09-2026 08:26 State-run YPF close to signing several liquefied natural gas sales contracts for proposed US$24-billion export plant Argentina LNG.

OPINION & ANALYSIS

Milei’s war on Perfil, state advertising lies and attacks on press

13-09-2026 10:23 A President who wishes bankruptcy on his enemies, steered billions of pesos in advertising to friendly outlets while starving critical ones and hurled scatological abuse at journalists who ask him questions – this is not what liberty looks like.

by Rodrigo Lloret

The area where Argentina’s government plans to build a new naval base is pictured in Ushuaia, the capital of the southern province of Tierra del Fuego, Antartida e Islas del Atlantico Sur Province, on September 8, 2026.

MILITARY & DEFENCE

Milei earmarks about US$200 million for naval base in south

12-09-2026 21:55 Ushuaia facility is expected to be completed in 2029 and will be financed entirely with state funds; Milei government says long-planned facility will strengthen Argentina’s presence in far south, support operations towards Antarctica.

MILITARY & DEFENCE

Milei revives strategic naval base at ‘the end of the world’

12-09-2026 10:21 President revives plans for strategic Ushuaia base as Argentina hardens its stance on British oil exploration and Antarctica region attracts growing interest from Washington and Beijing.

Donald Trump at Farmleigh House in Dublin, on September 12, 2026.

MALVINAS SOVEREIGNTY DISPUTE

Trump says he could settle UK-Argentina dispute over Malvinas

12-09-2026 09:11 “I’m sure I’ll be called into that potential disaster,” Trump says in reference to dispute between Argentina and UK over the Malvinas.

SPECIAL INVESTIGATION

What does Peter Thiel want in Argentina?

12-09-2026 06:23 Milei’s libertarian experiment, sweeping deregulation and appetite for technological disruption may explain why one of Silicon Valley’s most powerful figures is moving south. Journalists Giselle Lecrercq & Juan Luis González investigate.

Argentina has attracted the critical-minerals investment it was seeking. The harder question is what it does with it.

GUEST COLUMN

Argentina’s critical-minerals boom comes with a choice

12-09-2026 04:36 Milei’s RIGI regime has attracted major investment. The challenge is turning a resource boom into something that lasts.

EDITORIAL

From words to deeds

12-09-2026 00:45 Discussing the efficacy of the sanctions or the wisdom of weaponising Vaca Muerta misses the main point of President Javier Milei’s Malvinas moves.

POLITICS – ANALYSIS

The Malvinas trick

12-09-2026 00:29 If the Milei administration can gain momentum in Argentina’s sovereignty claim, he would be able to construct real political capital and adhesion from a broader base ahead of next year’s election.

by Agustino Fontevecchia

BEYOND THE HEADLINES

The territorial imperative

12-09-2026 00:26 Milei is seeking to sell Argentina as a haven of legal security for foreign capital while threatening to punish companies, shareholders and directors participating in a project opposed on nationalistic grounds.

by Michael Soltys

The Ushuaia Aero Club and the Ushuaia Naval Air Station, located next to the area where Argentina’s government plans to build a new naval base, are pictured in Ushuaia.

THE WEEK IN REVIEW

Stories that caught our eye: September 4 to 11

11-09-2026 17:14 A selection of the stories that caught our eye over the last seven days in Argentina.

Shoppers at a wholesale supermarket in Buenos Aires.

ANALYSIS

Monthly inflation slows to lowest since last June

10-09-2026 17:38 Monthly inflation slows to the lowest level in 14 months, in a win for President Javier Milei.

Shoppers browse products in a supermarket in Buenos Aires.

Economic indicators

Inflation slowed to 14-month low in August

10-09-2026 16:11 Monthly inflation falls to 1.7%, annual rate now standing at 33.5%; Figure marks a return to the government's hoped-for downward trajectory after July's uptick.

International Monetary Fund spokesperson Julie Kozack.

DEBT WOES

IMF says household debt defaults pose no risk to economy

10-09-2026 15:00 Some 5.8 million Argentines are considered to be in arrears, meaning they are more than 90 days behind on debt repayments, according to recent Central Bank figures

Central Bank Governor Santiago Bausili appears at a Senate committee hearing.

GOLD RESERVES

Mystery solved: Argentina's missing gold is in Switzerland

10-09-2026 10:27 After a year of truck-video conspiracy theories and opposition demands for answers, Central Bank Governor Santiago Bausili has finally revealed the location of Argentina's gold reserves.

Argentine footballer Lionel Messi exits the Mercedes garage before the start of the 2026 Miami Formula One Grand Prix at Miami International Autodrome in Miami Gardens, Florida, on May 3, 2026.

STAR BUYS FOOTBALL TEAM

Lionel Messi to buy second Spanish second division side Eldense

10-09-2026 09:47 Messi is set to become the “majority shareholder” of Spanish second-division football club Eldense.