News of economy

Interest rates collapse in Argentina with Milei stockpiling dollars

19-03-2026 14:02 President Javier Milei’s willingness to let interest rates sink — rather than hatch some plan to offset those transactions — has caught the attention of investors and analysts.

Argentina posts highest fourth-quarter unemployment since pandemic

18-03-2026 22:24 Argentina’s unemployment rate rose to 7.5% in fourth quarter of 2025; at the end of last year; Formal private sector has lost over 200,000 salaried jobs since Milei took office.

Venezuela’s 600% inflation undercuts Trump’s boasts of revival

16-03-2026 10:17 Life has only gotten harder for Venezuelans in the two months since Trump removed Maduro from power.

Entrepenuer's phone records cast doubt on President's '$LIBRA' defence

15-03-2026 10:30 Mobile phone records show President Javier Milei spoke repeatedly with a crypto entrepreneur linked to the token’s launch shortly before promoting it online; Alongside flurry of calls, investigators find draft mobile phone note that refers to possible US$5-million contact.

Officials at NYC roadshow tell investors Argentina is ‘fertile ground’

12-03-2026 20:19 Milei slams two business leaders at three-day promotional roadshow in New York; President defends actions of the US and Israeli administrations in Middle East and calls for investors to step up.

Middle East war set to rage on as Iran's new leader breaks silence

12-03-2026 18:25 Iran’s new supreme leader, Ayatollah Mojtaba Khamenei, signals he won’t back down in the Middle East war in his first public comments since succeeding his assassinated father.

Oil expats desperately needed in Venezuela don't want to go home

12-03-2026 11:20 Expats are torn between a desire to rebuild their homeland and preserving the hard-won prosperity they’ve achieved abroad, for themselves and their families.

Middle East oil shock is ‘largest supply disruption’ in history, IEA says

12-03-2026 10:56 Iran launches new wave of attacks; Strait of Hormuz – through which a fifth of global crude passes – effectively shut down; Oil prices soar, trading above US$100; International Energy Agency bemoans "largest supply disruption in history of global oil market.”

Milei slams business critics as he opens Argentina roadshow in NYC

10-03-2026 16:37 Milei dismisses Techint CEO Paolo Rocca and Javier Madanes Quintanilla, the owner of the recently shuttered Fate tyre manufacturer, as businessmen seeking favours from governments.

Argentina’s bond rally limited by junk label, war fallout

10-03-2026 11:11 As President Milei meets investors in New York in a bid to attract interest in Argentina, the momentum behind the country’s bonds has largely stalled. 

Wheels within wheels

07-03-2026 06:46 Milei’s insults only served to lend importance to the fading force of Kirchnerism, perhaps a deliberate strategy to preserve an electoral opponent virtually guaranteeing him victory.

Milei signs labour reform: New rules for contracts, strikes and severance

06-03-2026 11:08 New legislation reshapes employment contracts, severance rules, strike regulations and collective bargaining while creating a new employer-funded labour assistance system.

Vaca Muerta gas to flow to Europe under major eight-year LNG pact

04-03-2026 16:31 Eight-year contract for two million tonnes per year marks the country’s largest long-term gas sale to date; Southern Energy and Securing Energy for Europe ink deal.

Ualá reaches US$3.2-billion valuation in new funding round

04-03-2026 12:35 Funding comes as companies grow more optimistic about Argentina’s outlook following last October's midterm elections.

Milei to reveal second-half agenda in key Congress speech

01-03-2026 13:49 La Libertad Avanza leader will map the next phase of reforms for his libertarian project at around 9pm local time in a speech opening this year's normal sessions of Congress.

Congress approves labour reform in win for Milei

28-02-2026 09:36 Despite last-minute changes, Javier Milei's labour reform stands to be one of the biggest overhauls to Argentina’s economy in decades.

Milei: Dominant in decay

28-02-2026 06:01 The improved macroeconomic situation must eventually translate into better opportunities for a majority of the people.

by Agustino Fontevecchia

Major victory for Milei as labour modernisation bill clears Congress

27-02-2026 23:06 Argentina’s Congress approves ruling party’s Labour Modernisation Bill after weeks of protests and negotiations; Flagship bill will loosen existing rules, reduce severance pay and lower employer taxes, among other measures.

US backs Argentina in discovery fight in US$18-billion YPF case

27-02-2026 07:59 US government has previously backed Argentina in the case, urging courts not to allow the plaintiffs to seize majority stake in YPF.

Senate approves EU-Mercosur trade deal by huge majority

26-02-2026 16:42 Lawmakers in Argentina ratify sweeping trade deal between Mercosur and European Union, hours after Uruguay did the same; Senate follows lower house approval with huge majority vote, 69 in favor, three against.