News of world economy

How Latin American countries are responding to Cuba's oil crisis

19-02-2026 00:01 US oil embargo on Cuba has drawn varied responses across Latin America, ranging from offers of aid and political support to silence.

BEEF EXPORTS

Trump boosts Argentina beef imports to US in affordability push

07-02-2026 09:36 Trump directive finalises the terms of a deal the US and Argentina signed Thursday scrapping hundreds of tariffs and trade barriers on each other’s goods

Casa Rosada on deal

Government: US agreement ‘consolidates' Argentina's 'regional leadership’

06-02-2026 16:29 Cabinet Chief Manuel Adorni and foreign Minister Pablo Quirno outline details of new trade and investment agreement with the United States at press conference; Deal will be sent to Congress for approval, confirms government.

US-ARGENTINA RELATIONS

Milei inks trade, investment deal with United States

05-02-2026 20:18 Foreign Minister Pablo Quirno announces agreement with Washington; US will eliminate tariffs on more than 1,600 products and grant “unprecedented” access for Argentine beef, says government.

US TRADE DEAL – ANALYSIS

Argentina signs US trade deal that cuts hundreds of tariffs

05-02-2026 17:54 US agrees to eliminate over 1,600 reciprocal tariffs on Argentine goods while Milei’s government will terminate more than 220 levies on US products.

US-ARGENTINA RELATIONS

US senator asks Bessent to terminate US$20-billion Argentina swap line

05-02-2026 11:25 US Senator Elizabeth Warren asks for clarification and requests termination of US$20-billion currency swap line with Argentina.

SECRET SWISS ACCOUNTS

Credit Suisse Nazi probe reveals fresh SS ties, senator says

03-02-2026 11:47 Investigation into ties between Credit Suisse and Nazi Germany has so far revealed hundreds of accounts with potential links to Nazi-era officials and industrialists.

BONDS & MARKETS

Bond buyers scour Americas to bet on nations close to Trump

02-02-2026 14:42 Money managers at top firms are favouring government bonds from nations such as Ecuador and Argentina, whose leaders have forged close ties with the US administration.

BANKING & FINANCE

Nubank gets first green light for US bank, to launch in 2027

30-01-2026 09:00 Brazilian digital banking giant Nubank receives initial approval to operate as a bank in the US

OPINION & ANALYSIS

Milei, Trump and the irresistible allure of founding a new UN

23-01-2026 09:51 Before departing Davos, Argentina's President backed Donald Trump at the signing of the Peace Council, which seeks to rebuild Gaza and resolve conflicts around the world. Milei offered more praise for the former real-estate tycoon and spoke of the light meant to illuminate the West.

by Walter Curia

MILEI @ DAVOS

Milei at Davos hails Argentina’s China ties in defence of trade

22-01-2026 15:17 President defends free trade in interview with Bloomberg on sidelines of Davos summit; Passes up opportunity to condemn Trump’s sidelining of Machado in Venezuela, but once again criticises Brazil’s Lula.

EU-MERCOSUR TRADE DEAL

EU Parliament refers Mercosur trade deal to bloc's top court

21-01-2026 11:16 The European Union's parliament votes in favour of asking top court to determine whether the deal is compatible with the bloc's rules.

MILEI @ DAVOS

Milei's Davos agenda: Meetings with bank CEOs, WEF speech, interviews

20-01-2026 10:19 President travels to Zurich with delegation in tow, due to speak at the World Economic Forum on Thursday, where he is expected to back Trump, defend free-market reforms and remark on Venezuela.

WORLD ECONOMIC FORUM

Trump heads into Davos storm, with an eye on home

18-01-2026 10:06 Trump's first appearance in six years at the gathering of the world's political and global elite; He will be appearing alongside many leaders of NATO allies that he has threatened with tariffs over Greenland.

ANALYSIS

In Argentina, Trump tests whether money, not force, can win over Latin America

15-01-2026 11:09 Argentina holds clues about how successful US President Donald Trump's so-called “Donroe Doctrine” may ultimately be.

EU-MERCOSUR TRADE DEAL

EU-Mercosur deal: How Europe and Brazil differ on pesticides

15-01-2026 09:48 Sweeping free-trade agreement, set to be signed on Saturday, reignites debate over pesticides banned for European farmers but widely used in Latin America.

ECONOMIC OUTLOOK

World Bank trims Argentina’s 2026 GDP forecast to 4%

13-01-2026 21:09 Multilateral lender attributes slower growth prediction to domestic political uncertainty during the electoral period.

Analysing Argentina

Venezuela: Is Milei on the right or the wrong side of history?

10-01-2026 06:51 A Venezuelan comeback, especially if it entails large investments in rebuilding infrastructure, would be a direct regional competitor for Vaca Muerta, a development that has improved its production efficiency but still needs to streamline costs.

by Marcelo J. García

EU-MERCOSUR TRADE DEAL

EU nations back Mercosur trade deal over French opposition

09-01-2026 09:41 Majority of European Union countries back trade deal with regional Mercosur bloc, paving the way for trade deal's signing in Paraguay next week.

EU-MERCOSUR TRADE DEAL

EU-Mercosur deal wins approval after overcoming French opposition

09-01-2026 09:37 Majority of the European Union's 27 nations backed the pact at an ambassadors' meeting in Brussels.

Foreign relations & diplomacy

Milei praises Trump but says he won’t break trade links with China

08-01-2026 00:36 Argentina’s President Javier Milei said that there is "global reordering" taking place – and that his government has already stated which side it’s backing.

INVESTMENT & GEOPOLITICS

Chinese investment in Argentina tops US$23 billion, defying Milei’s alignment with Trump

26-11-2025 15:04 An X-ray of the Asian country’s investments in Argentina. Beijing not only financed but also constructed and purchased assets in the sectors which today are the motor of Argentina’s recovery, from Vaca Muerta shale to lithium in the north.

by Eugenia Muzio

Foreign policy & diplomacy

US warns South Africa not to issue G20 statement at summit

19-11-2025 16:47 Argentina, a close ally of the US, has pushed back on references to both climate finance and global climate accords, according to government sources.

FOREIGN RELATIONS

Milei weighing up trip to United States for trade deal signing

15-11-2025 09:33 If confirmed, the trip would be the President’s 15th visit to that country since taking office in December 2025.

ANALYSING ARGENTINA

Mamdani, Milei, Trump and Perón

08-11-2025 06:44 The voracity for US dollars will sooner rather than later force Milei to seek another bailout, so he should wish that the Mamdani threat stays only at that and that Trump remains mighty for the foreseeable future.

by Marcelo J. García

WASHINGTON DELIGHT

Trump showers Milei with praise after clear midterms victory

27-10-2025 09:37 US President Donald Trump on Monday congratulated Javier Milei on his party's clear victory in midterm elections.

MIDTERM RESULTS: REACTION

Trump hails Milei’s Argentina win, says US made ‘lot of money’

27-10-2025 09:25 Donald Trump offfers congratulations to Argentina's Javier Milei, tell reporters that libertarian's "big win" is sign Washington backed the right candidate.

ELECTIONS 2025

Make or break for Milei as nation votes in key midterm election

26-10-2025 00:01 Argentines will vote to renew half the 257-member Chamber of Deputies and a third of 72 senators; Peronism has around half of its seats up for renewal, while the ruling party’s alliance with PRO risks around 30%.

AGRICULTURE & LIVESTOCK

Trump Argentina beef plan risks rancher ire, little price relief

20-10-2025 17:29 Donald Trump vowed to boost beef imports from Argentina, but this may bring little relief to consumers – and risk angering US ranchers.

CURRENCY WOES

Peso drops against dollar amid fresh US backing

17-10-2025 18:42 Argentina's peso has been fluctuating wildly ahead of next week's midterm elections next week, disrupting the savings and spending plans of locals who fear an imminent devaluation.

BILATERAL TRADE TALKS

‘Very soon’ – Argentina’s ambassador to Washington on US trade deal

16-10-2025 15:12 Alec Oxenford confirms trade agreement between Argentina and the United States; Milei’s envoy says “significant” accord is “culmination of months of intense diplomatic effort” and could be announced “very soon.”

POLITICS & ECONOMY

US$20bn currency swap could be agreed before midterms, says Bausili

16-10-2025 01:31 Economy Minister Luis Caputo and Central Bank chief Santiago Bausili say landmark currency swap deal with Trump administration could be sealed before the October 26 midterms

by Santiago del Carril

MARKETS

Argentine assets swing on reports Bessent lining up more aid

15-10-2025 22:19 Markets react to news that US Treasury Secretary Scott Bessent is working on an additional US$20-billion facility from the private sector that would complement a currency swap line of similar size.

FINANCIAL ASSISTANCE

Bessent: US working on new US$20-billion private-sector 'facility' for Argentina

15-10-2025 14:48 US Treasury Secretary Scott Bessent says he is working with private sector on another US$20-billion "facility" to support Argentina, bringing Washington's total promised assistance to US$40 billion.

POLITICS & ECONOMY

Trump says ‘we’re gone’ if Milei loses vote, rattling market

14-10-2025 22:17 Donald Trump suggests US$20-billion lifeline for Argentina could be contingent on Javier Milei’s success in midterm elections, sending fresh jitters through currency market.

WHITE HOUSE TALKS

'If he loses, we are not going to be generous' – Trump says support is conditional

14-10-2025 22:09 "The situation is very clear: if the country strays from the path of freedom and returns to populism, the United States will stop supporting our country," warns President Milei in social media post.

GEOPOLITICS & DIPLOMACY

Trump says he’d be ‘very upset’ by Chinese military in Argentina

14-10-2025 21:58 Trump’s comments about Chinese activity in Argentina come as President Javier Milei visits the White House.

MILEI AT WHITE HOUSE

US President says he’ll discuss trade deal with Milei, defends lifeline

14-10-2025 16:04 US President Donald Trump says he will discuss a potential free-trade agreement with Argentina during White House talks with President Javier Milei.

US-ARGENTINA RELATIONS

Milei at White House: Trump says US help is dependent on win in midterms

14-10-2025 15:21 Argentina's president makes long-desired visit to White House, but US President Trump says Washington's help is dependent on who wins elections.

ECONOMIC OUTLOOK

IMF backs Argentina growth outlook as others trim forecasts

13-10-2025 15:54 International Monetary Fund retains projection of 5.5% increase in GDP this year; World Bank, OECD and FocusEconomics warn of slower growth, peso weakness despite early signs of stabilisation.

GEOPOLITICAL ROW

China accuses US of bullying after Bessent’s Argentina comments

12-10-2025 09:05 Beijing's Embassy in Buenos Aires accuses Washington of Cold War-era intervention in Latin America after US Treasury Secretary Scott Bessent suggests President Milei is “committed to getting China out.”

Analysis

Investment or political marketing? Analysing OpenAI’s Argentina announcement

11-10-2025 09:36 Announcement by President Javier Mileil’s government of plans to create a mega AI data centre in Patagonia raises questions about its feasibility and geopolitical aims.

TECH & INVESTMENT

OpenAI, Sur Energy to build massive AI data centre in Patagonia

10-10-2025 16:07 US tech firm OpenAI and Argentine firm Sur Energy sign letter of intent for US$25-billion investment in artificial intelligence; Companies plan joint venture to develop Stargate Argentina, a massive AI infrastructure project that will include a data centre in Patagonia.

ANALYSIS

Bessent’s big gamble on Argentina has a narrow road to pay off

10-10-2025 10:01 For Scott Bessent’s US$20-billion bet on Argentina to pay off, a lot of things have to go right.

ECONOMIC OUTLOOK

World Bank trims Argentina’s growth forecast to 4.6%

07-10-2025 13:37 Argentina’s economy will grow by 4.6 percent in 2025, predicts World Bank economists – above domestic projections; World Bank slightly raises growth forecast for wider Latin America region.

TRUMP’S TRADE WAR

Brazil's Lula asks Trump to remove tariffs in 'friendly' phone call

06-10-2025 19:05 Two leaders share "friendly" 30-minute call in first talks since trade war row in part spurred by conviction of ex-president Bolsonaro.

Geopolitics & finance

Bessent’s Argentina rescue pledge put to test by traders attacking peso

03-10-2025 16:58 US Treasury Secretary Scott Bessent’s record as a powerful pacifier of unruly markets is now being put to the test in Argentina.

FOREIGN POLICY

US Treasury chief issues second message of support for Milei's Argentina

02-10-2025 12:03 US Treasury Secretary Scott Bessent says Washington is "fully prepared to do what is necessary" in support of Milei as he confirms Argentina is key to “maintaining a US strategic interest in the Western Hemisphere.”

POLITICS – ANALYSIS

Milei: From rockstar to beggar

27-09-2025 06:05 Milei has gone from international political rockstar to beggar in less than two years, following a similar trajectory to Mauricio Macri – only that the latter got bailed out after winning the midterm elections.

by Agustino Fontevecchia