News of economy argentina

Milei is lone South American leader yet to recognise Lula’s win

Yesterday 12:31 President Javier Milei the only South American leader who, by Monday morning, has yet to recognise Luiz Inácio Lula da Silva’s victory in Brazil’s election.

Milei loses top energy official in potential dent to shale boom

23-10-2026 20:15 Daniel González, an ex-Merrill Lynch investment banker who’s also been chief executive of state petroleum giant YPF SA, was viewed as a kindred spirit by oil and gas companies.

Grupo Mexico drops out of rail privatisation in setback for Milei

21-10-2026 16:59 Grupo Mexico SAB drops out of the race to take over state-run Belgrano Cargas SA, a setback for President Javier Milei’s efforts to lure investment through privatisations.

Bond sell-off blindsides bulls as election fears grow

21-10-2026 15:10 Rout has taken investors by surprise; Sovereign dollar bonds have been the worst performers across emerging markets over the past two months.

Argentina steps up drive to shrink public-sector workforce

19-10-2026 15:30 Milei government launches voluntary redundancy scheme aimed at cutting 20,000 jobs from the public sector; More than 77,000 state workers have lost posts since December 2023.

Caputo sees strong recovery, rismisses recession odds

16-10-2026 13:18 Argentina’s economy minister says he expects a strong rebound in the fourth quarter of the year, dismissing the chances of a recession.

Rio Tinto sees lithium output impacted by Argentina rainfall

14-10-2026 14:41 Rio Tinto Group says its annual lithium output has been impacted by weather in Argentina

Argentina eyes tapping China swap to cover 2027 financing needs

14-10-2026 14:30 Milei administration may look to tap currency swap line with China if it can’t refinance dollar-denominated bonds under local law.

Argentina gets taste of global data-centre boom

10-10-2026 06:53 Argentina has 67 registered data centres, including 13 announced projects, with 52 operational; Government eyes billions in digital infrastructure investment but concerns mount over energy use, water consumption and job creation.

by Giselle Leclercq

City inflation edges higher to 1.8% ahead of INDEC data

08-10-2026 11:52 September increase marks a renewed acceleration in price growth in the capital, offering an early signal ahead of INDEC’s national inflation data.

Economy to grow 2.1% this year, predicts World Bank

06-10-2026 11:29 Multilateral lender predicts modest growth for Latin America and the Caribbean, highlights risks of El Niño; Insufficient growth is undermining efforts to tackle poverty.

Pay for passports: Milei government unveils citizen by investment scheme

03-10-2026 09:26 Applications to open in fourth quarter as government pitches citizenship programme to foreign investors; Would cost around US$5000 for family of four – applicant, spouse and two minors – to gain Argentine passports.

France's TotalEnergies vows to invest nearly US$10 billion

01-10-2026 11:40 Energy giant plans major investments in Vaca Muerta and offshore projects, including US$1.5-billion 'Alberdi' development named after one of Milei’s political idols.

Argentina’s stock rally narrows to oil as rest of economy slows

30-09-2026 15:11 Gap between energy stocks and the rest of the economy has been widening since Milei won congressional midterm elections in 2025.

Milei heads to Paris to court investment, meet Macron

28-09-2026 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.

Government extends Aeropuertos Argentina concession to 2049

28-09-2026 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.

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.

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.

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.

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