Buenos Aires Times

Gig Economy Absorbs Workers Amid Argentina's Public Sector Downsizing

Ride-hailing and delivery platforms are providing employment for growing numbers of workers affected by public sector job cuts, helping sustain consumer spending as Argentina's labor market adjusts to fiscal austerity.

Argentina Approves Major Vaca Muerta Gas and Lithium Investments Under RIGI Incentive Scheme

The Ministry of Economy has approved a US$1.3 billion expansion of the San Matías gas pipeline along with new lithium production investments under the RIGI investment framework, supporting plans to increase annual energy export revenue b...

President Javier Milei Appoints Diego Santilli as Cabinet Chief to Advance Reform Agenda

President Javier Milei has named veteran politician Diego Santilli as cabinet chief in a move aimed at strengthening ties with the PRO party, stabilizing the government and maintaining momentum behind Argentina's economic reform program.

Argentina Restructures US$6 Billion in Repo Debt to Reduce Financing Risks Ahead of 2027 Election

Argentina's central bank has consolidated three repurchase agreement obligations into a single US$6 billion maturity due in September 2028, easing near-term debt pressures and strengthening its financial position ahead of the 2027 presid...

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.

Lithium Argentina Reaches Full Design Capacity at Cauchari-Olaroz

Lithium Argentina said its Cauchari-Olaroz operation maintained 97% capacity utilisation over two consecutive quarters while reducing operating costs to below $5,400 per tonne.

Technology Companies Target New Investment Incentives in Buenos Aires

Technology firms and cloud infrastructure developers are restructuring expansion plans to meet revised investment thresholds under Argentina's updated incentive regime and secure long-term fiscal and customs benefits.

Argentina Launches New Freight Rail Privatisation Tenders

The Ministry of Economy opened bidding for private operation of key freight rail corridors in an effort to reduce transport costs for agricultural and mining exports.

Demand for Premium Office Space Rises in Buenos Aires

Commercial property brokers reported falling vacancy rates for top-grade office buildings in Puerto Madero and Retiro as multinational companies expanded their presence in anticipation of continued economic stabilisation.

Neuquén Economy Outpaces National Growth on Vaca Muerta Investment

Neuquén province recorded nearly 7% annual economic growth as investment in Vaca Muerta attracted drilling activity, infrastructure spending and specialised engineering services.

Argentina's Sovereign Bonds Strengthen as Investor Confidence Improves

Argentine government bonds advanced and the country's risk premium continued to decline as investors responded to the government's commitment to maintaining fiscal discipline.

YPF Luz Expands Solar Project to Support Mining Growth in Mendoza

YPF Luz accelerated construction of the 305-megawatt El Quemado solar park, investing more than $200 million to supply renewable electricity to mining projects and regional industries.

Energy Companies Advance Financing for Vaca Muerta Sur Pipeline Expansion

A consortium including YPF, Vista Energy, Chevron and Pampa Energía moved forward with financing plans for the second phase of the Vaca Muerta Sur pipeline, which is designed to transport up to 700,000 barrels of crude oil a day to the A...

Southern Energy Consortium Advances $15 Billion Floating LNG Export Terminal

Pan American Energy and Golar LNG accelerated development of a floating liquefied natural gas terminal in Río Negro province, targeting Argentina's first large-scale seaborne LNG exports by 2027.

Harvest Exports Boost Argentina's Foreign Currency Inflows

The Rosario Grain Exchange reported strong foreign currency inflows from soybean and corn exports, providing additional dollar liquidity during the harvest season and supporting the country's trade balance.

Monthly Inflation Falls to Eight-Month Low in Argentina

Consumer price growth slowed to just above 2% in the latest monthly reading as the Milei administration maintained tight control over discretionary public spending.

Rio Tinto Wins Final Approval for $2.7 Billion Salar de Rincón Lithium Project

Rio Tinto received final authorisation to develop its direct lithium extraction project in Salta province, with planned annual production of 60,000 metric tonnes strengthening Argentina's role in the global battery supply chain.

Argentina's Economy Grows 2.3% as Energy and Mining Offset Domestic Weakness

National statistics agency INDEC reported 2.3% economic growth, with expansion led by energy, mining and agriculture while manufacturing and retail activity continued to face pressure.

Argentina's Central Bank Builds Net Reserves to $11 Billion

The Central Bank said net international reserves reached $11 billion during the first half of the year as its inflation-indexed exchange rate framework supported currency market stability and boosted foreign exchange purchases.

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.