News of economy

Argentine assets rebound as Milei strikes more moderate tone

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

Foreign investors with Argentina FOMO pile into Brazil stocks

Today 11:35 Afraid of missing out on an Argentina-like rally, investors are piling into Brazil on bets that a business-friendly candidate will win next year’s election.

Milei presents 2026 Budget bill as opposition vows no new extension

Yesterday 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.

Bolsonaro conviction 'not a witch hunt,' Lula tells Trump in NYT op-ed

Yesterday 12:56 Brazil President Lula writes in ‘New York Times’ op-ed addressed to Donald Trump that he is "proud" of Supreme Court decision to convict far-right predecessor Jair Bolsonaro on coup charges.

How Milei raised the bar and paid the price in Buenos Aires Province

13-09-2025 06:54 The market and the political ecosystem, seems to have recalibrated its expectations, putting further financial pressure on the government.

by Agustino Fontevecchia

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.

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.

Uruguay’s finance minister shuns chainsaw for modest tax hikes

10-09-2025 15:50 Orsi government lays out plans to lower budget deficit through tax increases early in its term to avoid politically contentious spending cuts or additional levies later down the line.

Morgan Stanley’s flip-flop shows speed of crisis ensnaring Milei

09-09-2025 09:47 It took less than a week to make Morgan Stanley abandon its bullish call on Argentina. 

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.

Milei faces tough Buenos Aires Province test as voters go to polls

07-09-2025 09:55 President is hoping a victory or strong performance for his La Libertad Avanza alliance in the nation’s most-populous region will help wipe away the mess of several ongoing political storms.

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.

Milei targets Peronist heartland in high-stakes vote

05-09-2025 09:11 President Javier Milei is fighting to keep his libertarian revolution alive in the highest-stakes election since he took office.

Milei jets up to Hollywood to meet Milken before crucial vote

04-09-2025 11:40 President Javier Milei will meet a billionaire Michael Milken in Los Angeles, just days before key elections in Buenos Aires Province.

EU presents Mercosur deal for member states' approval

03-09-2025 11:23 Agreement would form a 700-million-customer free-trade area – the world's biggest – but it still faces opposition in Europe over agricultural concerns.

Milei moves to aid peso as election roils markets

02-09-2025 17:37 Intervention is the latest bid to halt a sell-off that has rattled its financial markets.

Pulp maker blames Milei as it seeks bankruptcy protection

01-09-2025 18:43 Pulp and paper manufacturer Celulosa Argentina SA files for bankruptcy protection, blaming "deep changes that the national government has implemented in fiscal, monetary and currency policy."

EU to present Mercosur trade deal for member state approval

01-09-2025 13:40 Deal is backed by a wide majority of EU countries keen to diversify trade away from the United States, but France remains staunchly opposed.

Untapped lithium riches are in crosshairs of Bolivian candidate

28-08-2025 15:08 Jorge 'Tuto' Quiroga’s approach to lithium is much more dramatic than his centrist opponent Rodrigo Paz, who has vowed to seek consensus with local communities and regions.

Alarm bell ring for investors amid graft scandal claims

28-08-2025 11:55 Members of so-called ‘círculo rojo’ business establishment concerned by possible consequences of recent scandal, which could slow desired influx of investment. What the top businessmen who defend the economic plan think about the future.

by Ariel Maciel