Buenos Aires Times

Pope Leo XIV to Visit Argentina in November on First Papal Trip in Nearly Four Decades

The Vatican released the itinerary for Pope Leo XIV’s November visit to Argentina, where he is expected to meet President Javier Milei and other national leaders during the country’s first papal visit in nearly 40 years.

Buenos Aires Reviews Bids for Major Line F Subway Expansion

Two infrastructure consortia submitted construction bids for the planned Line F expansion of the Buenos Aires subway, which would link Barracas and Palermo through 12 new stations and connect with six existing subway lines and major rail...

Eramet Seeks Investment Incentives for $350 Million Salta Lithium Expansion

French mining group Eramet applied for Argentina’s large-investment incentive program to support a $350 million expansion of its Centenario-Ratones lithium operation in Salta, targeting an additional 11,000 tonnes of annual lithium carbo...

Wall Street Analysts Warn Argentina Faces Growing Competition for Dollar Liquidity

International banking analysts and sovereign debt monitors warned that Argentina’s central bank could face increasing pressure on its dollar liquidity in the coming months, complicating plans to remove capital controls ahead of the 2027 ...

Argentine Unions Plan New Strikes Against Milei Government’s Austerity Measures

Argentina’s General Confederation of Labor announced plans for renewed nationwide strikes and demonstrations in opposition to continued spending cuts, labor-market deregulation and falling real wages in the industrial sector.

Pampa Energía Sets Aside 800 Megawatts to Attract AI Data Centers to Vaca Muerta

Pampa Energía plans to dedicate 800 megawatts of thermal and hydroelectric generation capacity in Neuquén to hyperscale artificial intelligence data centers, seeking to turn Argentina’s abundant natural gas resources into a competitive a...

Economy Minister Caputo Signals Post-2027 Tax Reform and Rules Out Near-Term Devaluation

Economy Minister Luis Caputo told business leaders that Argentina plans a broad simplification of the tax system after the 2027 midterm elections while rejecting calls for a near-term currency devaluation to support exporters.

Argentina’s Poverty Rate Rises to 32.3% in First Half of Year

Argentina’s national statistics agency said the poverty rate climbed to 32.3% in the first six months of the year from 28.2% in the previous half-year, as the government continued its fiscal and monetary tightening program.

Argentina Launches Citizenship-by-Investment Program to Attract Foreign Capital

Argentina will introduce a citizenship-by-investment program in the fourth quarter, offering citizenship to foreigners who contribute $350,000 to the National Treasury or hold $800,000 in government bonds.

TotalEnergies Plans $10 Billion Investment Across Vaca Muerta and Tierra del Fuego

TotalEnergies said it is preparing a $10 billion investment pipeline to expand conventional and unconventional oil and gas production in Argentina’s Vaca Muerta shale basin and offshore Tierra del Fuego.

Pluspetrol and Neuquén Energy Company Win Approval for $12.4 Billion Vaca Muerta Expansion

Argentina’s large-investment incentive committee approved a $12.4 billion joint venture between Pluspetrol and Neuquén’s provincial energy company to develop the Bajo del Choique block, targeting production of more than 100,000 barrels o...

Argentina Economy Minister Defends Growth Outlook in Meetings With Wall Street Investors

Economy Minister Luis Caputo told international fund managers in New York that Argentina is experiencing a temporary slowdown rather than a structural recession, countering opposition warnings of a deepening domestic crisis.

Private Economists Forecast October Inflation of 1.6% to 1.9% in Argentina

Private consultancies expect Argentine inflation to come in between 1.6% and 1.9% in October, highlighting continued price pressures as the government targets annual inflation of 29% in its upcoming budget.

Argentina Wheat Harvest Begins After $14.7 Billion Planting Cycle

Argentina has begun its wheat harvest after an estimated $14.7 billion planting cycle, with production projected at nearly 15.8 million tons and expected to generate additional export-driven dollar inflows.

Milei Courts European Investment in Argentina’s Energy and Critical Minerals

President Javier Milei used an OECD appearance in Paris to promote Argentina as a Western-aligned supplier of energy, copper and lithium while highlighting deregulation and legal certainty to attract European capital.

Argentina Loses 415,000 Manufacturing Jobs as Services Employment Expands

National labor data show Argentina’s industrial manufacturing sector shed more than 415,000 jobs over three years while hospitality and gastronomy added nearly 500,000 positions, marking a major shift in the composition of employment.

Argentina Business Leaders Back Fiscal Reforms but Flag Election Uncertainty

Executives at the IDEA Colloquium in Mar del Plata expressed support for the government’s fiscal consolidation and deregulation agenda while warning that uncertainty around the legislative elections is delaying major private investment d...

Argentina Begins US Financial Data Exchange to Target Offshore Tax Evasion

Argentina’s tax authority has begun receiving banking and financial information on residents holding assets in the United States under a bilateral data-sharing agreement aimed at improving fiscal transparency and enforcing tax compliance.

Toyota Secures Regulatory Approval for Major Argentina Manufacturing Investment

Toyota has gained approval under Argentina’s Large Investments Incentive Regime, clearing the financial framework for what is expected to become the largest single capital investment in the country’s automotive industry.

Argentina Deploys Nearly 700 Megawatts of Battery Storage to Reduce Summer Blackout Risk

Federal energy authorities have awarded contracts to 15 companies to install almost 700 megawatts of lithium battery storage across the Buenos Aires metropolitan grid in an effort to prevent power failures during peak summer demand.

Mercado Libre Advances $3.4 Billion Argentina Investment Plan

Mercado Libre is moving ahead with a $3.4 billion investment program in Argentina, expanding digital payments and artificial intelligence capabilities while creating nearly 2,000 technology and logistics jobs.

Argentina Threatens Prison Terms Over Falkland Islands Oil Project

Argentina has threatened executives involved in the Sea Lion oil project near the Falkland Islands with criminal prosecution and prison terms of up to 20 years, escalating the long-running sovereignty dispute over offshore energy develop...

Argentina Faces $20 Billion Debt Maturity Schedule as Country Risk Rises

Argentine sovereign debt markets have become more volatile as JPMorgan’s country risk measure climbed above 640 basis points, with investors focused on how the government will manage about $20 billion in sovereign maturities and IMF obli...

YPF Sets November 26 Final Investment Decision for Argentina LNG Project

State-backed YPF says the final investment decision for the Argentina LNG project will be signed on November 26, advancing a major export infrastructure plan designed to bring Vaca Muerta shale gas to international markets.

Argentina Mining Exports Top $6 Billion in Eight Months as Lithium Shipments Surge

Argentina’s mining exports exceeded $6 billion between January and August, roughly matching the previous full year, as lithium export volumes jumped 134% and strong gold and silver prices supported revenue.

TotalEnergies Commits $10 Billion to Expand Argentine Energy Production

TotalEnergies has announced a $10 billion investment in Argentine offshore and unconventional energy assets, adding momentum to efforts to expand production and increase the country’s role in global energy markets.

Pluspetrol and GyP Win Approval for $12.4 Billion Vaca Muerta Megaproject

Argentina has approved a $12.4 billion investment by Pluspetrol and Neuquén provincial energy company GyP in the Bajo del Choique-La Invernada block, with more than 600 horizontal wells and four processing plants planned over 25 years.

Argentina Central Bank Reserves Top $48.6 Billion as Energy and Farm Exports Boost Dollar Inflows

Argentina’s central bank says gross international reserves have surpassed $48.6 billion, supported by agricultural exports, Vaca Muerta energy sales and higher gold valuations as the government strengthens its foreign-exchange position a...

Reuters Institute Says Trust in Argentine News Media Falls to 26%

Public trust in Argentina’s news media declined to 26%, according to the Reuters Institute, reaching a decade low amid political polarization while some major financial and digital news brands retained stronger credibility among business...

Argentina’s Merval Holds Near Nominal Highs Despite Sovereign Bond Weakness

The S&P Merval slipped 0.6% but remained close to nominal record levels as domestic equities showed greater resilience than Argentine sovereign bonds.

Argentina Auto Registrations Fall 13% in September

New vehicle registrations dropped 13% from a year earlier in September despite price discounts and renewed bank financing, reflecting continued pressure on household purchasing power.

Chaco Introduces Provincial Investment Incentives for Agribusiness and Forestry

Chaco’s legislature approved a new investment incentive regime offering local tax and customs benefits designed to attract capital into agriculture, forestry and processing industries.

Milei Tells Paris Investors Stronger Economic Expansion May Come in 2028

President Javier Milei told investors in Paris that the expected rapid economic recovery had been delayed and said he expects 2028 to become a stronger period of wealth creation following anticipated legislative changes.

InterBarge Commits $120 Million to Paraná-Paraguay Waterway Infrastructure

Shipping operator InterBarge announced a $120 million investment to modernize port infrastructure in Misiones and along the Paraná-Paraguay waterway, with the aim of lowering agricultural freight costs in northeastern Argentina.

Forward Soybean and Corn Prices Recover Ahead of 2027 Harvest

The Rosario Board of Trade reported improved forward pricing for soybean and corn crops covering the 2026 and 2027 harvests, giving exporters stronger opportunities to hedge future sales and secure dollar revenues.

Argentina Extends Corporación América Airport Concession Through 2056

The government extended Corporación América’s concession to operate Argentina’s national airport network until 2056 in exchange for long-term commitments to infrastructure modernization and capacity upgrades.

Argentina Launches Citizenship-by-Investment Program With Henley & Partners

The federal government announced a citizenship-by-investment framework developed with Henley & Partners, aimed at attracting foreign capital and high-net-worth entrepreneurs through an accelerated naturalization pathway.

Argentina Senate Debates Local Processing Rules for Lithium and Copper

Lawmakers are debating changes that would require international mining companies to process more lithium and copper inside Argentina rather than exporting raw or minimally processed material to overseas manufacturing centers.

Pan American Energy Plans $1.2 Billion Upgrade at Cerro Dragón Oil Field

Pan American Energy plans to seek entry into Argentina’s Large Investment Incentive Regime for a $1.2 billion project at the Cerro Dragón basin in Chubut, including 20 polymer plants aimed at increasing tertiary oil recovery.

Argentina’s Services Exports Reach Record of Nearly $5 Billion in Second Quarter

Argentina recorded nearly $5 billion in services exports during the second quarter, an all-time high driven largely by software development and professional services, according to the national statistics agency.

Mercado Libre Pushes Ahead With Record $3.4 Billion Argentina Investment

Mercado Libre is executing a $3.4 billion domestic investment plan focused on logistics infrastructure and the recruitment of nearly 2,000 software developers as it expands both e-commerce operations and the Mercado Pago financial platform.

Pampa Energía Approves Major Urea Plant Investment in Argentina

Pampa Energía approved what it described as the largest investment in its history to build a high-capacity urea fertilizer plant, using natural gas from Neuquén to reduce reliance on imported agricultural chemicals.

YPF Raises 2026 Capital Spending Target to $6.2 Billion

YPF increased its 2026 capital expenditure guidance to $6.2 billion, prioritizing horizontal drilling in Vaca Muerta as it seeks to lift crude production and increase export revenues.

Argentina’s 2027 Budget Targets 18% Inflation and Zero Fiscal Deficit

The government submitted its 2027 budget to Congress with a forecast for annual inflation to fall to 18%, a continued zero-deficit policy and an official exchange-rate path ending the year near 1,728 pesos per U.S. dollar.

Argentina’s Country Risk Rises to 628 Basis Points as Sovereign Bonds Sell Off

Argentine dollar-denominated sovereign bonds fell sharply, pushing JPMorgan’s country risk measure to 628 basis points amid investor concern over the Central Bank’s ability to build reserves ahead of heavy 2027 debt maturities.