Buenos Aires Times

Argentina’s Aconcagua eyes global bond market, foray into shale

Jonathan Gilbert, Bloomberg — Tue, 17 Dec 2024 18:23:24 GMT

Oil driller Petrolera Aconcagua Energia SA is looking to sell an international bond, swooping into an opening for Argentine energy corporates that’s materialised with President Javier Milei’s free-market reforms. Leer más

The trials that could block Cristina Fernández Kirchner from office

James Grainger — Tue, 17 Dec 2024 18:00:57 GMT

Former president and vice-president faces four sets of legal proceedings in the courts; Cristina Fernández de Kirchner must stand trial in the ‘Hotesur-Los Sauces’ case, alongside her son, with other trials relating to the Memorandum of Understanding with Iran and sweeping ‘Cuadernos’ graft trial. ‘Vialidad’ ruling also expected in 2025. Leer más

Milei vs Villarruel: Latest episode in ongoing feud

Giselle Leclercq — Tue, 17 Dec 2024 16:29:38 GMT

In Victoria Villarruel’s camp, there is surprise at the Executive's attitude. A failed attempt at reconciliation as the Casa Rosada’s satellites launch a full-frontal assault on their own ally. Leer más

Argentina's economy rebounded in Q3 but activity remains below 2023 levels

James Grainger — Tue, 17 Dec 2024 13:12:57 GMT

Argentina’s economy grew by 3.9% in the third quarter compared to the previous months, but fell 2.1% year-on-year. Recovery marked by uneven performance across sectors. Leer más

Bolivia prosecutor seeks Morales arrest over 'trafficking' of minor

James Grainger — Tue, 17 Dec 2024 11:43:05 GMT

Bolivian prosecutor issues arrest warrant for ex-president Evo Morales on suspicion of "trafficking" a 15-year-old girl while he served in office. Leer más

Interpol arrests 26 on triple border for deforestation, trafficking of native trees

James Grainger — Tue, 17 Dec 2024 11:32:24 GMT

Paraguayan police arrest 26 people in Interpol-led operation for illegal deforestation and trafficking of native quebracho wood trees on the border between Argentina, Brazil and Paraguay. Leer más

Argentina exited recession as Milei eyes growth before midterms

Patrick Gillespie, Bloomberg — Tue, 17 Dec 2024 00:22:22 GMT

Argentina emerged from a brutal recession in the third quarter; Gross domestic product expanded 3.9% from July to September compared to the previous three-month period, better than analysts’ expectations. Leer más

Argentina weighs managed exchange rate once it lifts currency controls

Ignacio Olivera Doll, Bloomberg — Mon, 16 Dec 2024 22:44:04 GMT

President Javier Milei's government is weighing whether to introduce a managed exchange rate regime — a “dirty float” — once it lifts its current foreign exchange controls in 2025. Leer más

Argentina demands action over Venezuela’s ‘unjustified’ detentions

James Grainger — Mon, 16 Dec 2024 18:13:21 GMT

Argentina’s government criticises Venezuela over “arbitrary” and “unjustified” detention of Gendarmerie (Border Guard) first corporal Nahuel Agustín Gallo on alleged espionage claims. Leer más

Milei expects to attend Trump’s inauguration as US president

James Grainger — Mon, 16 Dec 2024 11:00:34 GMT

President Javier Milei is expected to attend US President-elect Donald Trump’s inauguration in Washington DC on January 20. Leer más

Title joy for Vélez Sarsfield after decade-long drought

James Grainger — Mon, 16 Dec 2024 10:44:00 GMT

Vélez Sarsfield crowned champions of the 2024 Liga Profesional de Fútbol after defeating title rivals Huracán 2-0 on the final day of the season. Leer más

Milei is still very much in charge

James Neilson — Sat, 14 Dec 2024 18:37:00 GMT

The success or failure of the far-reaching programme Milei devised will depend on whether or not most members of the political fraternity have learned enough from their many errors. Leer más

Lula’s age and health leave Brazil on edge about what comes next

Simone Iglesias, Giovanna Bellotti Azevedo & Leda Alvim, Bloomberg — Sat, 14 Dec 2024 11:36:27 GMT

Brazil is pondering the future as Lula’s age and health become major parts of the political discussion and attention turns toward the next presidential election in 2026. Leer más

Meloni criticised as Italy fast-tracks citizenship for Argentina's President Milei, sister Karina

James Grainger — Sat, 14 Dec 2024 11:24:55 GMT

President Javier Milei, in Italy on an overseas visit, and his sister Karina Milei have been granted fast-tracked citizenship by the Italian government, sparking anger among government critics. Leer más

Party in both its meanings

James Grainger — Sat, 14 Dec 2024 09:30:00 GMT

Depicting Edgardo Kueider as a pure Kirchnerite will not wash – not only has he delivered some key votes for the Milei government, he was also star spin doctor Santiago Caputo’s nominee to chair the bicameral intelligence commission. Leer más

'Cause I was the taxwoman

Michael Soltys — Sat, 14 Dec 2024 08:39:00 GMT

ARCA (until recently AFIP) tax bureau chief Florencia Misrahi’s dismissal could be worth a closer look to have some idea of where the Milei government is heading as its second year begins. Leer más

A busy week for corruption

Agustino Fontevecchia — Sat, 14 Dec 2024 08:37:00 GMT

Edgardo Kueider’s situation is explicit, bombastic. But not uncommon in Argentine politics. Leer más

Stories that caught our eye: December 6 to 13

James Grainger — Fri, 13 Dec 2024 23:05:00 GMT

A selection of the stories that caught our eye over the last seven days in Argentina. Leer más

IMF moves goal-posts for Argentina – no definitions until April

Carlos Burgueño — Fri, 13 Dec 2024 18:25:00 GMT

The International Monetary Fund has presented Javier Milei with two conditions which must be met before any further remittance beyond the US$44.5 billion loaned to Mauricio Macri – obtain Congress endorsement for taking on new debt and making structural changes. Leer más

Trump names Peter Lamelas as next US ambassador to Argentina

James Grainger — Fri, 13 Dec 2024 17:13:14 GMT

Cuba-born doctor and Republican donor, who recently met President Javier Milei at Trump's Mar-a-Lago resort in Florida, says appointment is “incredible honour.” Leer más

Brazil's Lula 'in perfect neurological condition' post-op, says medical staff

James Grainger — Fri, 13 Dec 2024 16:49:13 GMT

Update comes two days after Brazil president underwent emergency surgery, with doctors drilling through his skull to relieve pressure built up in protective intracranial membranes. Leer más

Tripartite showdown guarantees exciting end to gruelling season

Dan Edwards — Fri, 13 Dec 2024 16:33:55 GMT

Not since 2014 have three teams reached the final day of the season with the chance to win the domestic title. Vélez Sarsfield, Talleres and Huracán are separated by just two points at the top for a showdown that promises drama. Leer más

Entre Ríos lawmaker accused of money-laundering expelled from Senate

James Grainger — Fri, 13 Dec 2024 16:29:00 GMT

Entre Ríos Senator Edgardo Kueider expelled from upper house while detained in Paraguay on suspicion of money-laundering; He and other detainee found with more than US$200,000 in cash as he attempted to cross border. Leer más

Rio Tinto to invest US$2.5 billion in lithium production in Argentina

James Grainger — Fri, 13 Dec 2024 16:24:56 GMT

Anglo-Australian mining giant announces US$2.5-billion investment in Rincón project in Salta Province, with chief executive praising Milei’s reforms and RIGI scheme. Leer más

Government: Prepaid health schemes face probe for alleged ‘cartel practices’

James Grainger — Thu, 12 Dec 2024 21:48:37 GMT

Following investigation into co-ordinated fee increases between last December and last April, Presidential Spokesperson Manuel Adorni states CNDC anti-monopoly watchdog has initiated summary proceedings against several prepaid health schemes and former chamber president Claudio Belocopitt. Leer más

United yet disorganised: Peronism comes to terms with a year of Milei

Rosario Ayerdi — Thu, 12 Dec 2024 21:10:59 GMT

What remains of the Unión por la Patria coalition could only manage a photo-op and is far from placing things in order. The internal differences and disputes stalling the bid to reach unity in 2025. Leer más

Argentines no longer love the dollar, thanks to Milei

Ignacio Olivera Doll, Bloomberg — Thu, 12 Dec 2024 19:07:10 GMT

Argentines have preferred the US dollar over the Argentine peso for decades – Milei may have achieved what once looked unachievable. Leer más

JPMorgan plans to hire 1,500 workers for global hub in Argentina

Cristiane Lucchesi & Vinícius Andrade, Bloomberg — Thu, 12 Dec 2024 18:27:38 GMT

JPMorgan Chase & Co plans to add 1,500 workers to its Buenos Aires corporate center over the next five years. Argentina’s skilled workforce, English language proficiency and alignment with US time zones help make it a strategic hub. Leer más

Rio Tinto’s US$2.5-billion lithium plan is a win for Milei

James Attwood & Jonathan Gilbert, Bloomberg — Thu, 12 Dec 2024 18:18:38 GMT

Rio Tinto Group plans to invest US$2.5 billion in a new lithium mine in Argentina – a win for President Javier Milei’s RIGI investment incentive scheme. Leer más

FIFA confirms Saudi Arabia as 2034 World Cup host

James Grainger — Thu, 12 Dec 2024 16:37:00 GMT

Football’s world governing body also finalises plans for 2030 tournament, awarding one opening match of tournament to Argentina, Paraguay and Uruguay in concession to CONMEBOL. Leer más

Two new suspects charged in relation with Liam Payne’s death

James Grainger — Thu, 12 Dec 2024 03:22:32 GMT

Judge orders host of suspects to testify, including businessman Rogelio Nores and employees from hotel where One Direction star died. Leer más

Cristina Fernández de Kirchner takes on leadership of Partido Justicialista

James Grainger — Thu, 12 Dec 2024 02:57:59 GMT

Former president Cristina Fernández de Kirchner formally takes over the chair of the Partido Justicialista. Leer más

Who was Milei’s audience?

Javier Calvo — Thu, 12 Dec 2024 02:45:24 GMT

With an almost religious hope of 2025 being a growth year, President Milei used his first anniversary address to talk to the ‘círculo rojo’ business establishment and his run-off voters, with no concrete announcements for ordinary people. Leer más

Argentina inflation unexpectedly cools in another Milei victory

Manuela Tobias, Bloomberg — Wed, 11 Dec 2024 19:39:30 GMT

Argentina’s monthly inflation rose less than expected in November, handing President Javier Milei another victory. Leer más

Inflation slowdown in Argentina continues, decelerating to 2.4% in November

James Grainger — Wed, 11 Dec 2024 19:08:04 GMT

Data from the INDEC national statistics bureau shows consumer prices increased by 2.4% last month, below the expectation of analysts and markets. Leer más

Sturzenegger clarification pours cold water on Milei’s 90% tax reduction claim

James Grainger — Wed, 11 Dec 2024 18:55:39 GMT

Argentina’s deregulation czar assures that the government’s idea is to simplify the tax structure but not to reduce the percentage of its burden – a notable difference from President Javier Milei’s first anniversary speech vow. Leer más

Students are turning on Milei after helping him win power

By Patrick Gillespie / Bloomberg — Wed, 11 Dec 2024 17:18:42 GMT

President Milei derides universities as bastions of wokeness and elitism. But publicly funded higher education is a point of civic pride. Now, graduates are turning on Milei after helping him win power. Leer más

Trump trade war to hurt US farmers more as China turns to Brazil

By Michael Hirtzer and Ilena Peng — Wed, 11 Dec 2024 17:10:56 GMT

Donald Trump’s initial trade war with China devastated American soybean farmers, slashing exports by nearly 80%. As tensions mount for a possible reprise, the stakes are higher: China has diversified its agricultural imports, turning to Brazil, Argentina, and Australia for staples like soy, corn, and cotton. Leer más

Argentina’s HIV/AIDS fight advances, but experts warn more to be done

By Cimran Naik — Wed, 11 Dec 2024 15:12:57 GMT

More than 5,000 people diagnosed with HIV each year in Argentina, with 98% of all infections a result of unprotected sex. Leer más

Milei vows to axe capital controls and negotiate Trump trade deal

Manuela Tobias, Bloomberg — Wed, 11 Dec 2024 12:50:48 GMT

President Javier Milei promises to lift capital and currency controls next year and negotiate a free-trade agreement with the United States once Donald Trump takes office. Leer más

Milei promises inflation will soon be a 'bad memory' in first anniversary speech

James Grainger — Wed, 11 Dec 2024 02:45:00 GMT

President touts US trade deal with Trump, vows to remove currency controls and says “happy times” lie ahead in national broadcast marking first year in office. Leer más

Entre Ríos senator facing money-laundering probe requests leave of absence

James Grainger — Tue, 10 Dec 2024 23:01:25 GMT

Entre Ríos Senator Edgardo Kueider requests leave of absence from upper house while detained in Paraguay on suspicion of money-laundering after being found carrying more than US$200,000 in cash across border. Leer más

Brazil President Lula 'stable' after emergency surgery

Nelson Almeida & Lucia Lacurcia, AFP — Tue, 10 Dec 2024 20:15:22 GMT

Brazil's 79-year-old President Luiz Inácio Lula da Silva is recovering from emergency surgery after suffering an intracranial hemorrhage. Leer más

A year into office, Milei’s ‘shock’ therapy takes hold on Argentina

Leila Macor, AFP — Tue, 10 Dec 2024 19:41:22 GMT

President Javier Milei marks his first year in office Tuesday and intends to celebrate his government's achievements in a national broadcast later this evening. Leer más

'Norita' documentary goes national with 50+ grassroots screenings

James Grainger — Tue, 10 Dec 2024 17:25:33 GMT

Documentary profiling the life and activism of the late human rights activist Nora Cortiñas will screen nationally this week at over 50 grassroots events. Leer más

Court in Mendoza drops rape case against French rugby players

James Grainger — Tue, 10 Dec 2024 15:29:32 GMT

Court in Mendoza dismisses charges against two French international rugby players, Hugo Auradou and Oscar Jégou, who were accused of raping and assaulting a woman after making their international debuts against Argentina. Leer más

Copa América, Colapinto, INADI… Argentina’s most googled topics in 2024

James Grainger — Tue, 10 Dec 2024 13:54:51 GMT

Copa América, INADI, Ley de Bases, Franco Colapinto, and ‘Gran Hermano’… the world’s leading search engine has revealed the topics that captured the attention of Argentines this year. Leer más

Key measures from President Javier Milei’s first year in office

James Grainger — Tue, 10 Dec 2024 12:57:21 GMT

President’s first year in office was marked by drastic state cutbacks, the sharpest rise in poverty in two decades, an aggressive rhetoric and notable shift in foreign policy. Leer más

Four takeaways from President Javier Milei's first year in office

Tomás Viola, AFP — Tue, 10 Dec 2024 12:44:04 GMT

Four takeaways from Milei's first year in office: Slimming the state, wielding the chainsaw, domestic political battles and a shift in foreign policy. Leer más

Tirades and trolls: how Milei changed Argentina's political rhetoric

Ana Prieto & Martín Raschinsky, AFP — Mon, 09 Dec 2024 20:30:08 GMT

According to a September poll by consulting firm Zuban Córdoba, 65.7% of Argentines believe that "hate and intolerance are on the rise" since Javier Milei took office. Leer más

Argentine oil output is poised to oust Colombia from South America’s top three

Jonathan Gilbert & Andrea Jaramillo, Bloomberg — Mon, 09 Dec 2024 19:26:09 GMT

A shale-drilling frenzy in Argentina has put the country on the verge of leapfrogging regional rival Colombia as a top-three crude producer in South America. Leer más

Pensioners the biggest losers of Milei’s first year in office

Sonia Avalos, AFP — Mon, 09 Dec 2024 16:20:32 GMT

Some five million retirees in Argentina receive just a minimum pension and bonus payment amounting to some US$320, just a third of the estimated living cost for an older adult. Leer más

A year in, Milei yet to fulfill key economic campaign promises

James Grainger — Mon, 09 Dec 2024 15:53:08 GMT

Dollarisation, the removal of the ‘cepo,’ and the closure of the Central Bank – though he has tamed inflation, President Javier Milei has yet to deliver on key economic promises in his first year in office. Leer más

Argentina demands Maduro grant safe passsage to Embassy asylum seekers

James Grainger — Mon, 09 Dec 2024 15:24:46 GMT

Argentina calls on Venezuelan government to release six opposition leaders who are sheltering from authorities at its Embassy in Caracas. Leer más

EU-Mercosur deal will 'mainly' benefit Europe, says Paraguay president

James Grainger — Mon, 09 Dec 2024 14:16:34 GMT

New free-trade deal between the European Union and Mercosur bloc will "mainly" benefit Europe, says Paraguay's President Santiago Peña. Leer más

Milei fires head of Argentina’s tax bureau over ‘streaming and influencers’ rules

James Grainger — Sat, 07 Dec 2024 21:21:28 GMT

ARCA (ex-AFIP) chief Florencia dismissed from her post after less than a year in office; Order to fire official reportedly came straight from President Milei. Leer más

Year one: Milei surpassed low expectations, but now faces high ones

Marcelo J. García — Sat, 07 Dec 2024 09:51:00 GMT

The question of whether Milei will be an anecdote or a new force that defines an era will largely begin to be answered in 2025. First and foremost, it will depend on the economy, and second — but by no means less important — on the midterm elections in October. Leer más

The year of the lion

James Grainger — Sat, 07 Dec 2024 09:17:00 GMT

Milei’s first year in office has seen much more grey than its inflamed and somewhat arbitrary crusade against the “caste” of drab democratic politics would care to admit. Leer más

The return of the great disruptor

James Neilson — Sat, 07 Dec 2024 09:07:00 GMT

Caught off-balance, progressives in the United States and movers and shakers in Latin America, Europe, East Asia, the Middle East and Africa are asking themselves what the return of the great disruptor could mean. Leer más

No quorum, no forum

Michael Soltys — Sat, 07 Dec 2024 08:30:00 GMT

Congress becomes its own worst enemy when deputies and senators refuse to do the work for which the tax-payer remunerates them. Leer más

Milei’s self-congratulatory maiden year

Agustino Fontevecchia — Sat, 07 Dec 2024 03:36:00 GMT

A year in, Milei is surfing the wave of popularity, feeling invincible as he receives the constant attention of the international media, which in turn feeds his ego even further. Leer más

A year with Javier Milei

Jaime Duran Barba — Fri, 06 Dec 2024 20:00:00 GMT

President Javier Milei’s election last year marked a radical shift in Argentina’s history. We need to retool everything, integrating political analysis with technology and the vision of the world of people who interrelate by looking at screens, turning away from real faces. Leer más

Stories that caught our eye: November 30 to December 6

James Grainger — Fri, 06 Dec 2024 18:29:00 GMT

A selection of stories that caught our eye over the last seven days in Argentina. Leer más

Mercosur and EU announce agreement on free-trade deal

James Grainger — Fri, 06 Dec 2024 16:02:19 GMT

Almost 25 years on from the first opening of negotiations, the the EU and Mercosur reach agreement for free-trade deal that will create a market exceeding 700 million people. Leer más

EU reaches long-sought Mercosur deal despite French objections

Ken Parks, Bloomberg — Fri, 06 Dec 2024 15:47:17 GMT

European Union and Mercosur bloc clinch trade deal despite objections of France, which will try to block process; Signing and ratification process could take as long as 18 months. Leer más

Milei admires Ireland for an economic statistic the Irish don’t favour

Patrick Gillespie & Jennifer Duggan, Bloomberg — Fri, 06 Dec 2024 15:35:46 GMT

President Javier Milei aspires to reform Argentina’s economy in the way Ireland turned around its fortunes over the past three decades. The Irish see more nuance to their own story. Leer más

Milei: Mercosur has ‘ended up becoming a prison’ for members

James Grainger — Fri, 06 Dec 2024 15:28:31 GMT

Argentina’s President slams Mercosur protectionism at summit and calls for "new formula" for regional bloc, stating it has been a “stumbling block to the progress of Argentines.” Leer más

Argentina's Central Bank lowers rate to 32% on price expectations

Manuela Tobias & Patrick Gillespie, Bloomberg — Fri, 06 Dec 2024 03:10:28 GMT

Argentina’s Central Bank cut its benchmark interest rate by 300 basis points to 32 percent as inflation expectations fall. Leer más

EU-Mercosur deal ‘in sight,’ says top European official

Cimran Naik — Thu, 05 Dec 2024 23:49:13 GMT

Chances of a sealed deal seemed slim at press time as leaders in France, Italy renew criticism. Leer más

Supreme Court sends Cristina Fernández de Kirchner to trial for Iran memorandum

Cimran Naik — Thu, 05 Dec 2024 22:23:43 GMT

Nation’s highest tribunal endorses previous ruling revoking acquittal of all defendants and orders trial in case first opened after complaint by late AMIA special prosecutor Alberto Nisman. Leer más

Milei government calls extraordinary sessions – but no 2025 Budget bill

Cimran Naik — Thu, 05 Dec 2024 21:42:18 GMT

As confirmed by Presidential Spokesperson Manuel Adorni, detailing that political and electoral reform and the anti-mafia law would be included, among other issues. Leer más

Irish eyes offer native perspective on Ireland’s ‘Celtic tiger’ rise

Michael Soltys — Thu, 05 Dec 2024 20:45:50 GMT

Alan Barrett, director of one of Ireland’s leading think tanks, details how his nation went from one of Europe’s poorest countries to a "Celtic tiger." Leer más

EU chief, President Ursula von der Leyen, lands in Montevideo to close Mercosur deal

By Mauricio Rabuffetti and Alina Dieste — Thu, 05 Dec 2024 16:21:03 GMT

EU chief Ursula von der Leyen lands in Montevideo at the LXV Mercosur Summit, where the goal is to hopefully close the Mercosur Trade Deal. With France's President Macron expressing his distaste, and Brazil's President Lula in support, there is much to discuss this week. Leer más

Police in South America seize over 3,000 bombs in crackdown on gangs

Cimran Naik — Thu, 05 Dec 2024 15:43:32 GMT

Police seize over 3,000 homemade bombs and 28 tons of bomb-making material in 9 South American countries. 45 people have been arrested over the course of the operation. Leer más

EU nears deal with Mercosur as Von Der Leyen heads to summit

Jorge Valero, Alberto Nardelli & Simone Iglesias, Bloomberg — Thu, 05 Dec 2024 12:02:36 GMT

European Commission President Ursula von der Leyen due in Uruguay to attend Mercosur summit. Leer más

CPAC Argentina: Milei calls for ‘cultural battle’ against left in speech

James Grainger — Thu, 05 Dec 2024 04:00:45 GMT

President rails against leftie ‘zurdos’, attacks critical press outlets and calls for a right-wing “cultural battle” to refound the West. Leer más

Budget clash, extra sessions, Speaker Menem – Milei’s first year in Congress

Facundo Maceira — Wed, 04 Dec 2024 20:39:42 GMT

Despite being firmly in the minority, Milei has managed to amend over 100 laws since taking office and advance his programme of fiscal austerity. Nevertheless, tensions with allies and opposition persist, centred on the 2025 Budget, anti-graft laws and electoral reform. Leer más

Entre Ríos senator detained in Paraguay with US$200,000 in cash

James Grainger — Wed, 04 Dec 2024 19:23:13 GMT

Senator for Entre Ríos Province Edgardo Kueider arrested on Paraguayan border carrying US$200,000 and 600,000 pesos in cash; Arrest of Peronist lawmaker, who has distanced himself from Kirchnerism and backed Javier Milei’s government in key votes, confirmed by Paraguayan authorities. Leer más

Milei gains popularity as Argentina’s economy shows sign of life

Manuela Tobias, Bloomberg — Wed, 04 Dec 2024 18:44:27 GMT

Argentines’ approval of his government rose to about 47% in November, compared with 43% the month before. Leer más

Mercosur members eye sealing of 'historic' free-trade deal with EU

Alina Dieste, AFP — Wed, 04 Dec 2024 18:09:27 GMT

Brazil, Argentina, Uruguay and Paraguay are hoping to announce a blockbuster trade deal with the European Union at a regional summit Friday. Leer más

Milei has amended almost 100 laws by decree in first year in office

Pablo Varela — Wed, 04 Dec 2024 17:40:03 GMT

Argentina’s President, a self-proclaimed lover of the Constitution, has signed DNU emergency decrees to override Congress on a host of issues – from the budget, to pension and public debt. Leer más

Argentina LNG export project gathers backing from shale drillers

Jonathan Gilbert & Ruth Liao, Bloomberg — Wed, 04 Dec 2024 16:18:23 GMT

Argentina has a plan to export liquefied natural gas, with drillers in shale patches now signed to supply fuel. This would be a US$3-billion liquefaction project. Leer más

Buenos Aires City pitches first global bond sale since 2016

By Kevin Simauchi — Wed, 04 Dec 2024 16:13:44 GMT

Buenos Aires city is pitching the first global bond sale since 2016. Hoping to return to international capital markets, and city officials are already starting to meet with investors. Leer más

Why Donald Trump and Javier Milei are worlds apart on austerity

Ignacio Olivera Doll, Bloomberg — Wed, 04 Dec 2024 15:25:36 GMT

Donald Trump and Javier Milei have a shared favour of theatrics, but it does not reflect their economic strategies in vastly different contexts – the Argentine enforcing radical austerity and Trump preferring tax cuts and tariffs. Leer más

Ex-Uruguay leader Mujica admits to ‘rude’ critique of Cristina Fernández de Kirchner

James Grainger — Wed, 04 Dec 2024 14:29:00 GMT

Former Uruguayan president admits comments on Cristina Fernández de Kirchner were “not at all diplomatic,” but insists on need for renewal of Peronism. Leer más

Argentina denounces Maduro government at ICC over embassy ‘siege’

James Grainger — Wed, 04 Dec 2024 01:14:31 GMT

Mario Oyarzábal, Argentina’s representative to the International Criminal Court (ICC), denounces Venezuelan government over inhumane “siege” of its Embassy in Caracas, where six opposition leaders are sheltering from authorities. Leer más

Argentina to charge foreigners for use of universities, public hospitals

James Grainger — Tue, 03 Dec 2024 21:15:52 GMT

President Javier Milei’s government says it will introduce new rules allowing public hospitals and universities to charge foreigners, while tightening restrictions for expulsion and refusal of entry. Leer más

Milei to return to Italy this month, plans second trip to Davos

James Grainger — Tue, 03 Dec 2024 20:37:49 GMT

President will travel to the Italian capital to attend the Atreju festival organised by Italian leader's party, Fratelli d'Italia. He also plans to attend January's World Economic Forum in Davos. Leer más

'Forbes' magazine names Argentina's five-richest billionaires

Mattis Nurit — Tue, 03 Dec 2024 19:08:45 GMT

US magazine 'Forbes' has published its traditional survey looking at the 50 most wealthy Argentines – Leer más

Trump adviser Laffer tells Argentina ‘get it done now’ on capital controls

Manuela Tobias, Bloomberg — Tue, 03 Dec 2024 18:19:40 GMT

Arthur Laffer has a word of advice for Argentina: Scrap capital controls now. Leer más

Robberies on the rise in Buenos Aires City, data shows

James Grainger — Tue, 03 Dec 2024 18:12:11 GMT

What crimes are on the rise in the City of Buenos Aires? ‘Motochorro’ motorcycle petty theft and home robberies are increasing, with Palermo the most targeted part of the capital. Leer más

German foreign minister says 'essential' to seal EU-Mercosur deal at Friday summit

James Grainger — Tue, 03 Dec 2024 17:44:25 GMT

German Foreign Minister Annalena Baerbock says it is "essential" that the European Union to finalise a free-trade deal with Latin America's Mercosur this week. Leer más

'Diego Eterno' – New multimedia exhibition pays tribute to Maradona

James Grainger — Tue, 03 Dec 2024 13:08:50 GMT

New multimedia exhibition 'Diego eterno,' which opened in Buenos Aires this week honours Diego Maradona's life with an immersive hologram experience, the player's memorabilia, and recreations of pivotal moments in his career. Leer más

‘Narco-terrorists’ make death threats against security minister, governor

James Grainger — Mon, 02 Dec 2024 19:18:13 GMT

Security Minister Patricia Bullrich vows to clamp down on “narco-terrorists” after threats against her and Santa Fe Province Governor Maximilaino Pullaro in video. Leer más

Investing in Argentina: Javier Milei seeks US$50 billion with long-term incentives

Jonathan Gilbert, Bloomberg — Mon, 02 Dec 2024 16:04:37 GMT

Argentina has abundant natural resources and legions of well-educated workers. But it struggles to attract investors because its politicians have a habit of changing the rules on a whim. Leer más

Trump weaponizing dollar seen as needless BRICS provocation

By Ruth Carson and Matthew Burgess — Mon, 02 Dec 2024 15:43:28 GMT

Trump puts pressure on BRICS, in an attempt to have countries around the world stay anchored to the US dollar-based financial system. Leer más

Lula ignores aides and sparks market rout that threatens economy

Cimran Naik — Mon, 02 Dec 2024 15:32:35 GMT

Brazil's president Lula da Silva ignored his economic aides warning to not ignite any economic plans that will spark a selloff, and markets plunged immediately. The plan calls for limiting hikes to the minimum wage, earnings for the highest-paid civil servants and salary bonuses to low-income workers. Leer más

Biden pardons son Hunter in final weeks of US presidency

Cimran Naik — Mon, 02 Dec 2024 15:11:21 GMT

Biden on Sunday issued an official pardon for his son Hunter, who is facing sentencing for two criminal cases related to tax evasion and the purchase of a firearm. Leer más

Argentina seeks its first wheat shipments to China in decades

Jonathan Gilbert, Bloomberg — Sat, 30 Nov 2024 12:14:43 GMT

Argentina wheat traders are seeking to close their first significant sales to China since the 1990s, according to the head of the country’s top crop-exporting group. Leer más

The ecstasy of Javier Milei

Agustino Fontevecchia — Sat, 30 Nov 2024 08:48:00 GMT

Things look rosy for the libertarians at this juncture, encouraging them to become even more ambitious. Leer más