Buenos Aires Times

Buenos Aires Is Emerging as a Regional Technology Investment Hub

Macroeconomic stabilization, investment incentives and expanding energy capacity are helping Buenos Aires attract venture capital, software companies and artificial intelligence infrastructure projects.

Argentina Enters New Monetary Phase After Eliminating Interest-Bearing Central Bank Liabilities

The Central Bank of Argentina says it has begun a remonetization phase in which the money supply will expand in line with recovering demand for the peso following the elimination of interest-bearing liabilities from its balance sheet.

Argentina Becomes South America's Fourth-Largest Oil Producer

Record output from the Vaca Muerta shale basin has lifted Argentina above Colombia to become the fourth-largest crude oil producer in South America, with production targets pointing to further expansion by 2030.

Government Launches Campaign to Attract AI Data Centres With Low-Cost Energy

President Javier Milei has unveiled an initiative to position Argentina as a regional hub for artificial intelligence infrastructure by combining competitively priced natural gas from Vaca Muerta, renewable energy potential in Patagonia ...

YPF Plans $5.8 Billion Investment Focused on Vaca Muerta Development

State-controlled YPF will invest $5.8 billion in 2026, with around 70% of spending directed toward unconventional production in the Vaca Muerta shale basin as part of a broader expansion strategy.

Argentina Introduces Labour Reforms to Reduce Severance Costs and Encourage Formal Employment

A new labour reform package has come into force, introducing more flexible working arrangements, changing severance payment rules and limiting union influence in critical infrastructure sectors as the government seeks to expand formal em...

Argentina Approves POSCO Investment in Golden Salt Lithium Project

South Korea's POSCO has received approval for a $208 million investment in the Golden Salt Two lithium carbonate project in the Salar del Hombre Muerto under Argentina's large investment incentive regime, reinforcing foreign interest in ...

Argentina Approves $709 Million Lithium Expansion at Tres Quebradas Project

The Argentine government has admitted the China-backed Tres Quebradas lithium project into its Incentive Regime for Large Investments, clearing a $709 million expansion that will double annual lithium carbonate production capacity to 40,...

IMF Chief Praises Argentina's Fiscal Surplus and Falling Inflation

International Monetary Fund Managing Director Kristalina Georgieva commended Argentina's fiscal discipline during a visit to Buenos Aires, highlighting two consecutive years of primary budget surpluses, lower inflation and declining sove...

YPF, Eni and XRG Sign Agreement to Advance Argentina LNG Export Project

State-run energy company YPF has signed a binding joint development agreement with Italy's Eni and partner XRG to develop a liquefied natural gas export project designed to process Vaca Muerta gas, with a final investment decision target...

Argentina's Oil Production Reaches Record 904,000 Barrels a Day on Vaca Muerta Growth

Argentina produced a record 904,000 barrels of crude oil per day in May, with the Vaca Muerta shale basin driving most of the increase as unconventional production accounted for about 69% of national output and strengthened the country's...

Argentina Exceeds IMF Foreign Reserve Target Six Months Ahead of Schedule

The Central Bank of Argentina has accumulated more than $10 billion in foreign reserves for 2026, surpassing its full-year International Monetary Fund target by the end of July as stronger energy and mining exports bolster external accou...

President Javier Milei Proposes Central Bank Overhaul to Ban Treasury Financing

President Javier Milei has submitted legislation to rewrite the charter of the Central Bank of Argentina, permanently prohibiting direct or indirect financing of the National Treasury in a move aimed at reinforcing monetary independence ...

Breaking With the Past: One of the World’s Smallest Countries Changes Its Name

The Pacific island nation formerly known as Nauru has adopted its traditional name, the Republic of Naoero, to reflect its language, heritage and national identity.

Foreign Exchange Accumulation Remains a Central Policy Objective

The Central Bank continues to build foreign exchange holdings even as debt repayments limit reserve growth, underscoring the government's focus on strengthening monetary stability and investor confidence.

Infrastructure and Provincial Disputes Could Slow Energy Expansion

Labour action on key waterways and proposals for new freight charges illustrate how transport and regional policy disputes may increasingly affect the growth of the Vaca Muerta energy sector.

Financial Markets Strengthen While Household Spending Remains Weak

Improving sovereign credit indicators contrast with rising poverty and lower consumer spending, highlighting the gap between financial market confidence and conditions facing many households.

Investment Incentive Regime Moves From Approval to Implementation

A series of approvals for energy and lithium projects suggests Argentina's investment incentive framework is attracting large-scale domestic and international capital into strategic resource industries.

Domestic Beef Consumption Falls to Lowest Level in Three Decades

Beef consumption has declined to its lowest level in thirty years as households continue to limit spending despite a slowdown in monthly inflation.

Political Tensions Grow Within Argentina's Governing Coalition

Vice President Victoria Villarruel publicly clashed with allied lawmakers over calls for cabinet resignations, exposing growing divisions within the governing coalition ahead of legislative elections.

President Javier Milei Faces Planned Civil Lawsuit Over Collapsed Digital Asset Platform

Lawyers representing investors in the failed Libra digital asset project are preparing a civil lawsuit against President Javier Milei, alleging his public support for the platform contributed to investor losses.

Capex Warns Rising Costs Could Challenge Vaca Muerta Investment

Capex Chief Executive Adolfo Storni said higher costs for drilling materials, logistics and well completions could undermine investment in less profitable shale projects unless the industry improves efficiency.

Government Revises Foreign Land Ownership Proposal After Political Opposition

The administration amended planned reforms governing foreign land ownership following resistance from agricultural groups and lawmakers, seeking a compromise between attracting investment and maintaining domestic control over farmland.

Tesla Begins Recruitment Ahead of Planned Argentina Expansion

Corporate filings and recruitment activity indicate that Tesla has started hiring staff in Buenos Aires, signalling preparations for future operations and charging infrastructure in Argentina.

Mercado Libre Launches Private-Label Consumer Brand

Mercado Libre introduced its own private-label products in electronics and lifestyle categories as the e-commerce company expands beyond its marketplace business.

Moody's Upgrades Ratings for Major Argentine Energy Companies

Moody's raised the credit ratings of five Argentine energy companies, citing stronger balance sheets, regulatory improvements and continued investment in renewable energy projects.

La Pampa Proposes Freight Toll on Vaca Muerta Supply Routes

La Pampa Governor Sergio Ziliotto introduced legislation to impose tolls on heavy trucks serving the Vaca Muerta energy basin, increasing tensions between provincial and federal authorities over infrastructure funding.

Argentina Awards Starlink Contract to Connect Six Thousand Public Schools

The government selected Starlink to provide satellite internet services to six thousand public schools, expanding high-speed connectivity in remote and rural communities.

River Navigation Deregulation Triggers Strike and Disrupts Cargo Transport

A federal decree deregulating pilotage services on the Paraná River prompted a strike that halted more than twenty commercial vessels, disrupting logistics for agricultural exports and energy projects.

Government Expands Tax Relief for Small Businesses After IMF Meetings

Economy Minister Luis Caputo announced an additional fifty billion pesos in monthly value-added tax reimbursements for small and medium-sized businesses following meetings in Buenos Aires with International Monetary Fund Managing Directo...

Argentina's Sovereign Risk Falls Below Four Hundred and Twenty Basis Points

The country's sovereign risk premium dropped below four hundred and twenty basis points as Argentine bonds gained on renewed investor confidence in fiscal discipline and ongoing economic reforms.

YPF Drives Record Growth in Vaca Muerta Oil Production

Industry data show state-controlled energy company YPF completed more than eight thousand hydraulic fracturing stages during the first half of the year, helping lift Argentina's shale oil production to record levels.

Vaca Muerta Sur Pipeline Passes Seventy Per Cent Completion

Developers said the Vaca Muerta Sur pipeline linking the Neuquén shale basin to the Punta Colorada export terminal has surpassed seventy per cent completion, paving the way for higher crude exports by late 2026.

Posco Receives Approval to Expand Salta Lithium Development

The government authorised the second phase of South Korea's Posco Sal de Oro project, allowing further investment in lithium production and infrastructure under Argentina's Large Investment Incentive Regime.

China's Zijin Mining Wins Approval for Seven Hundred Million Dollar Lithium Project

Argentina approved a seven hundred and nine million dollar investment by a subsidiary of China's Zijin Mining to expand lithium carbonate production at the Tres Quebradas salt flat, marking the first major Chinese project approved under ...

Argentine Poverty Rate Rises to Thirty Per Cent as Economic Adjustment Weighs on Households

New figures from the Catholic University of Argentina show the national poverty rate increased to thirty per cent in the first quarter, reversing earlier declines as labour market weakness and economic adjustment continued to affect lowe...

Argentina's Central Bank Buys More Than Fourteen Billion Dollars Despite Reserve Pressures

The Central Bank of the Argentine Republic said it has purchased more than fourteen point seven billion dollars in the official foreign exchange market this year, although gross reserves remain near forty-six billion dollars after sovere...

Argentina Approves Multi-Billion Dollar Vaca Muerta Investment to Expand Fertiliser Exports

The Economy Ministry approved a major investment by Pampa Energía and Compañía Mega, including a two point seven billion dollar urea plant in Bahía Blanca that will convert natural gas from the Vaca Muerta shale formation into fertiliser...

Maritime Strike Delays Vaca Muerta Sur Offshore Oil Terminal Operations

Construction and supply work at the Vaca Muerta Sur offshore oil terminal has been temporarily disrupted after the maritime pilots' strike prevented specialized vessels from reaching the project site.