Buenos Aires Times

Argentina’s Steel Industry Diverges as Raw Iron Output Rises and Rolled Steel Falls

Argentine raw iron production increased nearly 20% in July while cold-rolled steel output fell 26%, showing sharply uneven demand across construction and manufacturing supply chains.

Argentina’s Central Bank Implements New Automated Direct Debit Framework

The Central Bank of Argentina introduced a new automated debt-collection system across commercial banks despite objections from financial institutions, with the measure intended to reduce delinquency and modernize payment infrastructure.

Argentina Advances Planning for Joint Military Base in Ushuaia

The Argentine government confirmed continued planning for a joint military base in Tierra del Fuego intended to strengthen its presence in the South Atlantic and support Antarctic logistics.

Buenos Aires Province Intervenes After Poultry Producer Moves to Dismiss 1,200 Workers

The provincial Labour Ministry ordered mandatory conciliation after Granja Tres Arroyos sought to dismiss 1,200 employees, highlighting mounting industrial employment stress in Argentina’s largest province.

Argentina Consumer Confidence Falls 4.8% as Purchasing Power Remains Under Pressure

Torcuato Di Tella University’s closely watched Consumer Confidence Index dropped 4.8% from the previous month, reflecting continuing pressure on household purchasing power during the government’s economic stabilization programme.

Argentina’s Public Universities Announce Nationwide Strike and Federal March Over Funding

National public universities announced coordinated industrial action and a federal march as their dispute with the Milei administration intensifies over the erosion of higher-education budgets by inflation.

Argentina Threatens Sanctions Against Companies Operating Falkland Islands Oil Project

President Javier Milei announced plans for economic sanctions against international energy companies involved in the Sea Lion offshore oil project, escalating Argentina’s sovereignty dispute with the United Kingdom over the Falkland Isla...

Argentina Launches Two Trillion Peso Programme to Revive Mortgage Lending

Economic authorities created a two trillion peso liquidity programme using inflation-adjusted deposits to lower funding costs for banks and stimulate longer-term mortgage lending to first-time homebuyers.

Argentina Mining Exports Surge 84% to Record $3.2 Billion on Lithium and Copper Demand

Official data show Argentine mining exports reached a record $3.2 billion in the first four months of the year, up 84% as lithium and copper projects in the country’s northwest expanded production capacity.

Argentina Pledges Zero Net New Debt Under 2026-2027 Sovereign Financing Plan

The Economy Ministry presented a two-year financing programme committing Argentina to meet sovereign obligations without increasing net debt, reinforcing the government’s effort to establish longer-term fiscal and financial stability.

Argentina’s Central Bank Adds Nearly $1 Billion to International Reserves

The Central Bank of Argentina accumulated almost $1 billion in international reserves over the past week despite limited market intervention, helping support exchange-rate stability and pushing the parallel rate to its lowest level since...

Argentina Cuts Real Public Spending by 8% as Provincial Transfers Fall

The federal government reduced total public spending by 8% in real terms during August, with lower discretionary transfers to provincial governments accounting for a significant share of the fiscal tightening.

Argentina Launches Tax Incentives Aimed at More Than $1 Billion in Artificial Intelligence Investment

The government enacted Resolution 138/2026, offering value-added tax refunds and accelerated capital amortization to attract more than $1 billion into Artificial Intelligence, biotechnology and data-centre projects.

Argentina’s Economic Activity Falls 1.1% as Construction and Automotive Sectors Weaken

Private economic data indicate that Argentine activity contracted 1.1% in July from the previous month, with construction and automotive weakness outweighing continued growth in hydrocarbon production.

Argentina Faces September Test as More Than 20 Trillion Pesos in Domestic Debt Comes Due

Argentina’s Treasury must refinance more than 20 trillion pesos in local-currency obligations during September, putting market confidence in the government’s zero-deficit fiscal strategy and stabilization programme under renewed scrutiny.

Milei Government Proposes Central Bank Charter Overhaul to Strengthen Monetary Independence

President Javier Milei introduced legislation to overhaul the Central Bank of Argentina’s Organic Charter, seeking to restrict political interference, prevent monetary financing of fiscal deficits and reinforce long-term monetary credibi...

Milei Predicts His Coalition Will Win Absolute Majority in Argentina’s 2027 Legislative Elections

President Javier Milei says his political coalition is on course to secure an absolute majority in the 2027 legislative elections and would use greater congressional strength to accelerate deregulation and state reforms.

Buenos Aires Prepares for Mercado Libre’s 2026 Regional E-Commerce Summit

More than 8,000 entrepreneurs, logistics specialists and digital finance executives are expected at Mercado Libre Experience 2026 at La Rural in Buenos Aires, highlighting the city’s role in Latin America’s e-commerce and fintech sector.

Santa Fe Business Forum Connects Global Buyers and Venture Funds With Regional Companies

Santa Fe province has opened an international business forum in Rosario bringing together more than 250 overseas buyers and 40 venture capital funds with local technology startups and agricultural producers.

Argentine Airlines Warn Rising Fuel Costs Will Hit Second-Half Earnings

Domestic and regional carriers operating in Argentina say higher aviation fuel prices will weigh on profitability in the second half of the year and could slow expansion of provincial air links and logistics networks.

Argentina’s Public Universities Call National Strike Over Federal Budget Cuts

Academic unions and administrative staff across Argentina’s public university system have called a 24-hour national strike for next Tuesday over federal funding reductions they say are undermining higher education and research.

Argentina Introduces New Juvenile Penal Regime With Lower Age of Criminal Responsibility

Argentina’s Security Ministry has activated a new juvenile justice framework that lowers the age of criminal responsibility and restructures youth sentencing rules, drawing both public support and criticism from human rights groups.

San Juan Plans Up to $600 Million International Bond Sale Backed by Mining Economy

Argentina’s San Juan province is preparing to raise as much as $600 million on international debt markets, using the strength of its copper and gold sectors to finance infrastructure outside federal budget allocations.

Argentina Senate Debates Changes to Investment Incentives to Protect Biofuel Producers

Senate committees are considering adjustments to Argentina’s Large Investment Incentive Regime as agricultural representatives seek safeguards against tax and customs advantages they fear could hurt domestic biofuel producers and manufac...

Economy Minister Luis Caputo Reaffirms IMF Compliance After US Treasury Meetings

Argentine Economy Minister Luis Caputo says talks with US Treasury officials showed strong support for the country’s fiscal trajectory and that rising tax revenue should allow the government to meet its obligations to the International M...

Argentina Market Survey Sees August Inflation Falling to 1.7%

The Argentine central bank’s latest market expectations survey forecasts monthly inflation of 1.7% in August and projects the wholesale dollar at 1,530 pesos through September.

Argentina’s Central Bank Reserves Rise Above $50.8 Billion

Gross international reserves at Argentina’s central bank have climbed above $50.8 billion after a $315 million daily increase, supported by higher gold valuations and 26 consecutive days of foreign-exchange purchases.

Argentina Raises 2026 Grain and Oilseed Export Forecast to $35.3 Billion

The Rosario Board of Trade has lifted its forecast for annual agricultural export revenue to $35.3 billion, with stronger global prices supporting foreign-currency inflows important to central bank reserves and exchange-rate management.

Argentina’s Lithium Output Forecast to Jump More Than 120% in 2026

Industry projections presented at the Argentina Mining 2026 summit in Salta point to lithium production rising by more than 120% this year as projects including Cauchari-Olaroz advance and Argentina expands its role in global battery sup...

Argentina Cuts August Public Spending by 8% in Real Terms to Protect Fiscal Targets

Argentina’s Economy Ministry reduced real public spending by 8% in August, with cuts concentrated in discretionary transfers to provincial governments as President Javier Milei’s administration maintains its zero-deficit policy.

About 30,000 Argentine Small Businesses Close as Recession Pressures Persist

Industrial data indicates that roughly 30,000 small and medium-sized businesses have shut across Argentina over the past year, highlighting continuing weakness in the domestic economy despite improving financial and inflation indicators.

YPF Gives Up Four Neuquén Blocks to Focus on $50 Billion Vaca Muerta LNG Strategy

State energy company YPF has returned four peripheral shale exploration blocks in Neuquén to concentrate resources on the Vaca Muerta Oil Sur pipeline and a planned LNG export terminal intended to attract more than $50 billion in investm...

Argentina’s Sovereign Bonds Rally as Country Risk Falls Below 500 Basis Points

Argentine sovereign debt strengthened in international markets, pushing JPMorgan’s country risk index down to 494 basis points as the S&P Merval gained 4% in dollar terms amid stronger energy shares and improved investor sentiment.

UK Rejects Argentine Oil Sanctions and Reaffirms Falkland Islands Defense

Britain’s Ministry of Defence has dismissed Argentina’s sanctions against offshore oil operators and reaffirmed its commitment to defending the Falkland Islands as the Sea Lion drilling project moves forward.

Argentina Moves to Sanction 45 Companies Over Falkland Islands Oil Project

President Javier Milei’s government has begun sanction proceedings against 45 companies and shareholders involved in the Sea Lion offshore oil project near the Falkland Islands and has sent a sovereignty defense bill to Congress targetin...

Buenos Aires Peronists Launch Membership Drive Ahead of 2027 Elections

The Justicialist Party in Buenos Aires Province launched a new affiliation campaign aimed at attracting younger members and rebuilding its electoral base after recent national defeats.

River Plate Moves Ahead With New Naming-Rights Deal for Monumental Stadium

River Plate is finalising a new corporate naming-rights agreement for its expanded Monumental stadium in Núñez as the Argentine football club seeks to increase commercial revenue from its flagship venue.

Buenos Aires SUBE Transit Card Recharge System Suffers Fourth Day of Outages

Commuters across the Buenos Aires metropolitan area faced continued disruption as digital recharge services for the SUBE transit card failed for a fourth consecutive day, affecting major transport hubs including Constitución.

Buenos Aires Condominium Fee Arrears Rise as Household Finances Tighten

Property administrators in Buenos Aires are reporting a sharp increase in unpaid building maintenance fees as reduced utility subsidies and stagnant real wages place growing pressure on middle-class household budgets.

Lácteos Verónica Seeks Plant Sales as Argentine Dairy Producer Restructures $80 Million Debt

Historic dairy producer Lácteos Verónica is seeking to sell major production facilities while restructuring about $80 million in debt, as weak domestic consumption and prolonged inflation strain manufacturers focused on the local market.

Argentina Suspends Military Health Coverage Services Amid Spending Cuts

Argentina’s government interrupted services provided through the armed forces health insurance system as part of its fiscal austerity programme, triggering debate over the effect of spending reductions on essential state functions.

Tierra del Fuego Seeks Greater Role in New Ushuaia Naval Base Project

Provincial authorities in Tierra del Fuego are seeking local economic benefits and greater oversight of a planned integrated naval base in Ushuaia following President Javier Milei’s announcement of expanded military infrastructure in the...

Argentine Business Leaders Praise Stabilisation but Seek Greater Policy Certainty

Senior executives meeting at the Argentine Institute of Finance Executives convention in Iguazú credited the government with averting hyperinflation while calling for clearer long-term policies to revive domestic investment and consumer ...

Peter Thiel Takes Major Stake in Argentine Energy Producer Vista

Silicon Valley investor Peter Thiel disclosed a significant holding in Vista Energy, the company led by Miguel Galuccio, adding another international investor to Argentina’s expanding Vaca Muerta energy sector.