News of economy

Argentina wins reprieve in US court fight over YPF shares

16-08-2025 08:30 Appeals court rules Argentina doesn’t need to turn over its controlling stake in YPF SA to holders of a US$16-billion judgment while it tries to overturn previous order.

Through a (bionic) glass darkly

16-08-2025 06:47 Are universities wholly to blame for educational and cultural deficits long preceding entry into institutions of higher learning?

Argentina rolls over 61% in peso debt auction, yields soar

13-08-2025 20:00 Local debt auction falls short of market expectations as President Javier Milei’s administration rolls over just 61% of maturities in a key auction that analysts said may prompt a drop in the peso.

Inflation posts mild acceleration after policy stumble

13-08-2025 16:49 Monthly inflation picked up some momentum last month as regulated price hikes collided with a peso overhang that sparked the currency’s worst month since 2023.

Milei’s FX reforms spur worst corporate default wave since 2020

12-08-2025 15:21 Javier Milei’s reforms are fuelling the worst streak of corporate defaults since the pandemic.

Argentina’s peso debt yields soar to record ahead of key auction

12-08-2025 10:59 Sharp increase in borrowing costs comes as the government prepares for a peso debt auction Wednesday when it will attempt to roll over around US$17.4 billion in maturities, equal to about a third of all the money circulating in the economy.

Milei seeks to retake initiative with vetoes after Congress pushback

09-08-2025 21:43 President threatens jail for budget offenders, accuses rivals of “genocide” and signals possible court fight over laws passed in a string of congressional defeats.

by Pablo Varela

Milei vows ban on funding public spending with monetary issuance

09-08-2025 11:36 President puts emphasis on fiscal discipline measures in national broadcast, pairing a ban on monetary financing with plans to punish lawmakers for approving deficit budgets.

Larry Summers says Trump policies are ‘scarily’ like Perón's

07-08-2025 17:28 Former US Treasury secretary Lawrence Summers compares US President Donald Trump’s policies risk to that of post-war Argentina.

Milei vetoes pension increases in bid for fiscal balance

04-08-2025 17:48 President Javier Milei vetoes a law approved by Congress to increase pensions for the elderly and the disabled.

World’s ‘precarious’ trade backdrop is hurting growth, IMF says

29-07-2025 11:49 The IMF emphasised the need for a more tranquil political and economic backdrop.

Secrets of Leonardo Scatturice, Milei’s lobbyist in Washington

29-07-2025 07:20 The murky past of the millionaire former spy behind the unchecked luggage flight. A key link between Javier Milei and Donald Trump, with ties to airline Flybondi and top presidential advisor Santiago Caputo.

by Rodis Recalt

Number of empty shops soars in capital amid consumption woes

22-07-2025 06:56 Vacant shops up 40% in the City of Buenos Aires; In May and June, there were 238 shops for sale, for rent or closed down in the surveyed areas, according to local chamber of commerce.

Economy contracted in May for third time in 2025

21-07-2025 16:52 Argentina’s economy contracted in May for the third time this year, according to government data.

Argentina says it won’t negotiate with Burford over YPF shares

20-07-2025 18:17 Argentina won’t negotiate with Burford Capital, the firm leading efforts to collect a US$16-billion judgment against the South American nation, a spokesman for President Javier Milei told reporters Friday.

The risks of the Milei government’s economic plan

17-07-2025 10:03 Macroeconomic order and disinflation alone do not guarantee long-term sustainability.

by Luis Secco

Correo Argentino, ARCA, Trenes Argentinos top redundancy rankings

15-07-2025 11:06 President Javier Milei put deregulation tsar Federico Sturzenegger in charge of cuts across state agencies. The official left almost no area untouched – among state-owned companies, Correo Argentino saw the highest number of lay-offs, with 4,945 jobs cut.

Milei celebrates as June inflation data hints at stabilistation

14-07-2025 20:02 Inflation last month only slightly up at 1.6%, barely up on last month; Consumer prices rose 15.1% in the first half of the year, up almost 40% over the last 12 months, INDEC reveals.

Fiscal surplus versus political deficit

12-07-2025 06:02 The “forces of heaven” might be on the ascendancy in recent times but what politics needs is more agnostics with a pragmatic rather than dogmatic approach.

Argentina appeals US court order to hand over YPF shares

10-07-2025 19:25 Argentina has appealed a US judge's ruling ordering it to hand over 51% of the shares of the oil company YPF to settle a US$16.1 billion debt.