News of economy

Buenos Aires City poverty rate rises after five quarters of decline

29-06-2026 14:35 Over 651,000 porteños – more than one in five residents – were living in poverty in the first quarter of 2026, according to the IDECBA city statistics bureau.

Milei taps lifetime politician Santilli to lead his Cabinet after scandal

29-06-2026 12:43 Javier Milei once vowed to eradicate entrenched politicians like Diego Santilli, yet he turned to him as a candidate and later named him interior minister. Now, the former PRO politician is Argentina's new Cabinet chief.

Milei looks to Santilli to move beyond Adorni chapter

28-06-2026 12:49 President hopes trusted former PRO operator can help La Libertad Avanza regain the initiative after Manuel Adorni's resignation and push the scandal off the agenda.

Adorni resigns, blames media and clears path for Santilli

28-06-2026 09:54 The political death throes of Javier Milei's third Cabinet chief lasted longer than expected. There is relief in the Casa Rosada after a pincer movement involving all libertarian factions, PRO, Patricia Bullrich and the UCR. Diego Santilli is preparing to lead the cabinet and repair the damage.

by Juan Pablo Kavanagh

Adorni reportedly bought video game console on staffers’ credit cards

27-06-2026 08:20 President Javier Milei has remained supportive of his Cabinet Chief Manuel Adorni, who previously served as the presidential spokesman and is under investigation for illicit enrichment.

Algorithms, Artificial Intelligence and Milei’s ethics

27-06-2026 00:48 Milei has a militant and narrow world view that he’s tied to a vision that integrates AI and tech billionaires. Those same players have a global agenda that they will pursue, and Argentina will only be part of that plan for as long as it is useful for them.

by Agustino Fontevecchia

Milei shuns Wall Street to raise dollars at rate lower than 7%

25-06-2026 13:28 Luis Caputo stuck to a strategy that many investors initially saw as too risky: secure dollars through cheaper alternative channels, buy time and wait for spreads to come down.

Milei’s ‘Super RIGI’ investment bill approved by lower house

25-06-2026 09:26 La Libertad Avanza’s beefed-up version of RIGI investment scheme offers improved tax breaks and benefits for investors splashing US$1-billion into hi-tech developing industries ; Bill now heads to Senate.

Exports boom but households struggle as INDEC posts 2.3% growth

24-06-2026 13:14 GDP rose 2.3% in the first quarter of 2026 year-on-year, driven by exports and extractive industries, but unemployment is up, bank defaults have hit a 20-year high and manufacturing is contracting.

MSCI upgrades Bulgaria to frontier; Vietnam, Argentina unchanged

24-06-2026 11:08 MSCI indicated no changes to Argentina’s classification as a Standalone Market, effectively keeping the country out of its global stock-market indexes.

INDEC says unemployment rate stood at 7.8% in first quarter

23-06-2026 11:37 According to INDEC, 1.1 million people are out of work and searching for jobs; Those in employment represent 44.8% of the population, equivalent to 13.5 million people.

Trump ally wins Colombia election, heralding pro-market turn

22-06-2026 18:40 Election of conservative lawyer heralds swing back to business-friendly and pro-US policies after four years of leftist rule under Gustavo Petro.

New dollar-cash videos put Insaurralde case back into spotlight

20-06-2026 23:22 Videos allegedly showing hidden dollar stashes surface from Martín Insaurralde case; Footage leaked by 'La Nación' shows Jesica Cirio exposing secret stashes kept by veteran Peronist.

Milei’s ‘promising’ inland provinces also hit by job crisis, company closures

20-06-2026 19:35 While the government bets everything on trickledown results from mining and Vaca Muerta shale, private data reveals a generalised destruction of jobs and companies across Argentina’s inland provinces.

by Eugenia Muzio

From the sublime to the ridiculous

20-06-2026 05:40 In the past, countless ministers have been sacrificed to protect a President but now presidential popularity is being laid on the line to save a minister. 

Israel gets thrown under the bus

20-06-2026 05:23 Unlike the US president and his business cronies, the Israelis have no illusions about the fanatical Iranian regime.

by James Neilson

Milei to stand by his man as calls for Adorni’s sacking grow

19-06-2026 11:54 Former ally Ramiro Marra becomes latest voice to call for official’s resignation; Mounting problems for top official, who admitted he failed to declare cash savings and is struggling to explain his expenditure.

Catholic Church urges Congress to reject Milei's property bill

19-06-2026 11:35 Church bodies warn that Milei's government's 'Inviolability of Private Property' bill threatens national sovereignty over land, water and natural resources and call on lawmakers to vote it down.

Presidential pilots say they flew suitcases to Santa Cruz during Kirchner years

18-06-2026 15:28 'Cuadernos' graft trial hears from pilots, who allege presidential planes were used for delivery of suitcases and materials.

Brazil announces Japan-Mercosur free trade talks

18-06-2026 00:25 Japan and Mercosur are set to negotiate a free-trade agreement, Brasília and Tokyo announces.

World Bank issues Argentina guarantees for US$2bn commercial loan

16-06-2026 21:37 World Bank board approves guarantees for a commercial loan of as much as US$2 billion that Argentina intends to use to help pay down upcoming debt maturities.

​​Messi World Cup sticker mania spurs black market

16-06-2026 10:21 As Lionel Messi competes in what could be his final World Cup, stickers featuring the fan favourite are in high demand, with adults and children caught in the craze. The popularity of Panini’s stickers have helped fuel shortages and driven up prices.

Pressure mounts on Cabinet chief Adorni after cash stash admission

13-06-2026 08:40 Lawmakers from opposition Coalición Cívica party file criminal complaint against Adorni for alleged "false statements," while sectors allied to the government called on Milei to withdraw his support for the official.

The Milei siblings are losing soldiers, fast

13-06-2026 05:59 If Argentina’s football team has a decent showing in the World Cup, inflation continues to come down and the economy begins to grow, then Javier and Toto can hope to come out the other end and look to consolidate their political project for the second half of 2026.

by Agustino Fontevecchia

Miguel Ángel Pichetto: ‘Peronism is a national movement, lying in the centre’

12-06-2026 13:00 Veteran Peronist and national deputy analyses the social impact of austerity and anticipates strong polarisation between President Javier Milei’s administration and a Peronism united under a model of "productive capitalism" in next year’s election.

by Jorge Fontevecchia

Angry reaction to Adorni’s admission that he concealed half-million dollars

11-06-2026 21:29 Cabinet chief's admission that he omitted US$500,000 from his public asset and wealth declarations sparks controversy and criticism.

Inflation slowed to monthly 2.1% in May, reports INDEC

11-06-2026 16:14 Second consecutive monthly slowdown; Consumer price hikes slowed by half a point compared to April; Inflation in first five months of year totals 14.7%.

The World Cup effect: Football and politics in Argentina

11-06-2026 14:00 From dictatorship to democracy, World Cups have repeatedly coincided with some of Argentina's most consequential political and economic decisions.