Buenos Aires Times

Mercosur Summit Highlights Divisions Over European Union Trade Agreement

Talks at the Mercosur summit exposed differences between Argentina and Brazil over implementation of the trade agreement with the European Union, reflecting broader disagreements on market access, agriculture and environmental standards.

Argentina's Mining Exports Reach Record High on Strong Lithium and Precious Metals Demand

The Mining Secretariat reported an 84% year-on-year increase in first-quarter mineral exports, with strong demand for lithium, gold and silver driving export earnings above $3 billion.

New Vaca Muerta Oil Pipeline Begins Commercial Operations

YPF started commercial pumping through the first phase of the Vaca Muerta Sur transport network, adding more than 350,000 barrels a day of pipeline capacity between Loma Campana and Río Negro to ease transport constraints and support fut...

Eni Joins Argentina LNG Project With Stake in Vaca Muerta Gas Assets

Italian energy company Eni acquired a 32% stake in key Vaca Muerta blocks, joining YPF and XRG in the Argentina LNG project to accelerate liquefied natural gas exports from the Neuquén Basin.

IMF Approves $1 Billion Disbursement and Backs Argentina's Economic Programme

The International Monetary Fund completed the second review of Argentina's extended fund facility, authorising a $1 billion disbursement while forecasting 3.5% economic growth in 2026 and endorsing the government's fiscal consolidation e...

Argentina Extends Major Investment Incentives Through 2027 to Attract Energy and Technology Projects

President Javier Milei's government extended the application period for its Large Investment Incentive Regime until July 2027, lowered minimum investment requirements for offshore hydrocarbon projects to $200 million and expanded eligibi...

Court Suspends Asset Sale of SanCor Dairy Cooperative

A federal court has halted the planned restructuring and asset liquidation of SanCor following creditor objections, extending uncertainty over the future of the historic dairy cooperative and its impact on rural employment and supply cha...

Agricultural Machinery Manufacturer Metalfor Enters Crisis Proceedings

Córdoba-based machinery maker Metalfor has initiated preventive restructuring proceedings after accumulating 52 billion pesos in bank debt and struggling to pay its 600 employees amid weak domestic industrial demand.

Government Moves to Phase Out Patagonian Energy Subsidies

Argentina's Economy Ministry is preparing legislation to dismantle the Zona Fría gas subsidy program as part of its broader effort to reduce fiscal deficits and scale back state intervention in energy pricing.

Argentina Targets Digital Payments to Boost Formal Economy

Financial technology analysis indicates that wider adoption of real-time digital payments and interoperable QR code systems could contribute more than US$19 billion to economic output by reducing transaction costs and expanding financial...

Milei Pushes Central Bank Independence and Electoral Reform Agenda

President Javier Milei has met allied lawmakers to coordinate congressional support for legislation aimed at strengthening central bank independence and advancing a broad package of political reforms.

Agricultural Exporters Bring US$3 Billion Into Argentina During June

Agribusiness exporters sold US$3.007 billion into Argentina's official foreign exchange market in June, up 12% from the previous month but still 18% below the level recorded a year earlier.

Argentina Holds Managed Exchange Rate as Official Peso Nears 1,500 Per US Dollar

The central bank has maintained its controlled currency depreciation strategy, keeping the official wholesale exchange rate at 1,488 pesos per US dollar while narrowing the gap with parallel market rates and continuing to build reserves.

Buenos Aires Fintech Firm Cocos Capital Expands Into Brazil With Warren Acquisition

Argentine brokerage Cocos Capital has acquired Brazilian investment platform Warren, creating a cross-border wealth management business with more than two million active users across South America's two largest economies.

San Juan Speeds Approval of Major Copper Mining Projects

Authorities in San Juan province are accelerating environmental and operational approvals for the Los Azules and MARA copper projects in an effort to secure nearly US$10 billion in foreign investment.

Argentina Inflation Expectations Continue to Ease, Central Bank Survey Shows

The central bank's latest survey of market economists forecasts monthly inflation of 2.3% for June and projects annual inflation below 30%, supported by continued fiscal surpluses and tight monetary policy.

Pan American Energy and Golar Advance Floating LNG Terminal in Patagonia

Southern Energy is progressing engineering and regulatory work for a floating liquefied natural gas export terminal off the coast of Río Negro, a project expected to attract up to US$15 billion in investment over two decades.

Lithium Argentina Expands Cauchari-Olaroz Project as Mining Exports Grow

Lithium Argentina has approved the next expansion phase of the Cauchari-Olaroz operation in Jujuy, reinforcing expectations that lithium carbonate will account for around one-tenth of Argentina's exports by year-end.

Argentina's Economy Expands for Sixth Straight Quarter Despite Uneven Recovery

Official data show gross domestic product grew 2.3% in the first quarter, supported by an 18% increase in agricultural output and strong mining activity, although investment and manufacturing remained weak.

IMF Completes Argentina Program Review and Adjusts Reserve Targets

The International Monetary Fund has completed the second review of Argentina's Extended Fund Facility, revising net international reserve targets to reflect seasonal agricultural factors while reaffirming support for the government's fis...

Genneia Files for Wall Street IPO in Argentina's First US Listing Since 2019

Renewable energy producer Genneia has filed a preliminary prospectus with the US Securities and Exchange Commission, seeking funding to expand its 2,000-megawatt generation portfolio following improvements in Argentina's sovereign credit...

Argentina Approves Billions in Strategic Investment Under RIGI Framework

The Ministry of Economy says 16 projects worth US$30 billion have been approved under the RIGI investment regime, while a further US$65 billion in mining, energy and infrastructure proposals remain under review.

Consortium Accelerates US$2.9 Billion Vaca Muerta Oil Pipeline Project

A consortium including YPF, Pan American Energy, Chevron and Shell is advancing the Vaca Muerta Sur pipeline, an infrastructure project designed to transport up to 700,000 barrels of crude oil per day from the Neuquén Basin to Atlantic e...

Argentina Unveils Expanded Investment Incentives for Billion-Dollar Projects

President Javier Milei's administration has submitted legislation to Congress expanding the RIGI investment regime, offering tax, labour and foreign exchange stability measures for projects exceeding US$1 billion in mining, energy and te...

Eni and Abu Dhabi Back Major Vaca Muerta Gas Project for Global LNG Exports

Italy's Eni and the investment arm of the Abu Dhabi National Oil Company have each acquired 32% stakes in three Neuquén Basin blocks from YPF, securing gas supplies for a planned floating liquefied natural gas facility with annual capaci...

Argentina Extends US$6 Billion Central Bank Repo Facility to Bolster Foreign Exchange Reserves

Argentina's central bank has renewed a US$6 billion repurchase agreement with international banks through 2028, strengthening net reserves and reinforcing its capacity to manage the foreign exchange market during the second half of the y...

President Milei to Lead Independence Day Ceremonies in Tucumán

President Javier Milei is scheduled to attend Independence Day commemorations in San Miguel de Tucumán alongside Vice President Victoria Villarruel, using the national celebration to project government stability after the Cabinet reshuffle.

Mendoza Property Market Gains Stability as Inflation Eases

Analysts say Mendoza's residential real estate market is stabilizing, supported by slower inflation, a more stable peso and continued expansion of the province's Metrotranvía network.

Argentine AgTech and Biotech Startups Attract Growing Venture Capital

Investment data indicates agricultural technology and biotechnology companies are securing an increasing share of early-stage venture funding, broadening Argentina's startup ecosystem beyond fintech.

Real-Time Cross-Border Payments Expected to Boost Argentina's Economy

Digital finance analysts estimate expanding real-time payment systems, including integration with Brazil's Pix network, could add nearly US$20 billion to Argentina's economy by 2028 by increasing financial inclusion.

YPF Repurchases US$14.9 Million in Bonds Before Maturity

State-controlled energy company YPF has completed the early repurchase of US$14.9 million in Class XXX corporate notes, strengthening its liability management ahead of major investment plans in Vaca Muerta.

EU-Mercosur Trade Agreement Begins Provisional Implementation

The provisional application of the European Union-Mercosur trade agreement has begun following ratification by the Argentine Congress and the Brazilian Senate, reducing tariffs on Argentine agricultural exports while opening the domestic...

Argentina Adopts Mercosur Duty-Free Border Retail Framework

A presidential decree has incorporated Mercosur's duty-free border shop regime into Argentine law in an effort to stimulate cross-border commerce and strengthen regional economic integration.

Argentina Authorizes Up to US$5 Billion in Multilateral-Backed Financing

The government has approved a framework allowing the Ministry of Economy to secure up to US$5 billion in financing backed by the World Bank and the Inter-American Development Bank to support federal funding needs.