Buenos Aires Times

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.

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.

Santa Fe Demands 900 Billion Pesos From Federal Government Amid Fiscal Dispute

Santa Fe Governor Maximiliano Pullaro called for payment of 900 billion pesos in historical federal debts and tax reductions as a condition for continued political cooperation with the national government in Congress.

Argentine Court Closes Investigation Into $57 Billion IMF Loan

Federal judges dismissed the criminal investigation into the $57 billion International Monetary Fund agreement signed under former President Mauricio Macri, ending a long-running legal dispute over the sovereign borrowing programme.

Argentine Bonds Rebound as Country Risk Holds Below 500 Points

Argentine sovereign bonds recovered and country risk remained below 500 points despite global market volatility and shifting US rate expectations, reflecting continued investor support for the government’s fiscal consolidation programme.

Argentina Keeps 2% Crawling Peg as Official Dollar Rate Remains Below 1,510 Pesos

Argentina’s central bank maintained its controlled 2% monthly depreciation policy as the official exchange rate stayed below 1,510 pesos, with authorities using currency stability to narrow the parallel-market gap and curb inflation.

Argentina Central Bank Chief Backs Permanent Ban on Monetary Financing of Treasury

Central bank governor Santiago Bausili defended proposed charter reforms that would permanently prohibit financing government spending through currency issuance, describing the measure as an institutional safeguard for long-term price st...

Argentina’s Private Employment Stagnates as Neuquén Benefits From Vaca Muerta Growth

Registered private-sector employment remains near 2016 levels across much of Argentina, while Neuquén stands out as the only province to add new businesses during the current administration as shale investment expands.

Vaca Muerta Investment Accelerates as GeoPark and Vista Expand Under RIGI Incentives

Private energy producers including GeoPark and Vista Energy announced billions of dollars in new unconventional oil investment under Argentina’s RIGI incentive framework, adding momentum to the expansion of the Vaca Muerta shale region.

Argentina Cuts Public Spending 8% as Milei Government Protects Fiscal Surplus

President Javier Milei’s administration deepened spending cuts in August, including reductions in discretionary transfers to provincial governments, as it sought to preserve the fiscal surplus and meet International Monetary Fund targets.

Argentina’s Foreign-Currency Deposits Surge by $12 Billion Under Tax Amnesty

Argentina’s asset regularisation programme triggered a $12 billion influx into the banking system, strengthening private-sector dollar deposits as the government pursues monetary stabilisation ahead of lifting capital controls.

Argentina Extends $19 Billion Currency Swap With China for Five Years

Argentina’s central bank secured a five-year extension of its $19 billion currency swap with the People’s Bank of China, preserving an important source of reserve liquidity and a key commercial link with Beijing despite political differe...

Argentina Threatens Sanctions Over Foreign Oil Drilling Near Malvinas Islands

President Javier Milei announced penalties against foreign oil companies involved in unauthorised offshore drilling linked to the Sea Lion project and created a National Security Council, prompting the United Kingdom to place its armed f...

Buenos Aires Municipalities Expand AI-Based Surveillance Networks

Municipalities in affluent northern Greater Buenos Aires districts, including Vicente López, have deployed biometric and license-plate monitoring systems using artificial intelligence platforms to strengthen local security operations.

Asset Disclosures Spark Debate Over Argentine Officials’ Wealth Held Abroad

New financial disclosures have drawn domestic scrutiny after showing that senior economic officials hold much of their multimillion-dollar wealth outside Argentina’s financial system.

Buenos Aires Luxury Property Transactions Rise as Capital Returns to Formal Economy

Developers in Puerto Madero and northern Buenos Aires are reporting strong residential and commercial property activity as the federal asset-regularization program draws previously undeclared capital into the formal economy.

Argentine Retailers Expand as Multinational Supermarket Chains Retreat

Domestic retail cooperatives and regional supermarket groups are acquiring commercial properties and expanding across Argentina as several multinational grocery chains reduce their presence amid weak consumer demand.

Globant Partners With Salesforce on Agentic AI Enterprise Services

Buenos Aires-based software company Globant has partnered with Salesforce to deploy agentic artificial intelligence tools designed to shorten enterprise software migration times and expand its global technology-services business.

Argentina’s Supreme Court Presses Government to Resolve Provincial Revenue-Sharing Dispute

Argentina’s Supreme Court is pushing the federal government to settle longstanding disputes over the distribution of national tax revenue to provinces, an issue that could affect political support for further economic reforms in Congress.

El Niño Forecast Raises Flooding Concerns for Argentina’s Agricultural Regions

The World Meteorological Organization has warned of a strengthening El Niño pattern, raising concerns among Argentine agricultural groups about flooding and logistics disruptions that could affect crop production and export revenues.

Argentina’s Farm Exporters Face Pressure From Exchange-Rate Policy

Argentine soy and corn producers are cutting logistics and operating costs as the central bank maintains a 1% monthly crawling peg, putting pressure on agricultural export profitability ahead of the next harvest.

Paraguay Opens Talks to Import Natural Gas From Argentina’s Vaca Muerta

Paraguay is exploring long-term agreements to import natural gas from Argentina’s Vaca Muerta basin, potentially expanding Argentine energy exports and strengthening regional energy integration.

Argentina Reports 500,000 New Formal Private-Sector Jobs Amid Public-Sector Cuts

Argentina’s Economy Ministry said deregulation has helped create 500,000 formal private-sector jobs while the government has eliminated more than 70,000 public-sector positions as part of its effort to reduce the size of the federal admi...

Argentina’s Energy Boom Deepens Economic Divide Between Neuquén and Interior Provinces

Private-sector hiring is strengthening in Neuquén’s energy-producing areas while traditional manufacturing and agricultural provinces face business closures as weak domestic consumption creates an increasingly uneven national economy.

Argentina’s High Real Interest Rates Restrict Corporate Credit and Investment

Corporate overdraft rates are running at close to 50% in real terms under Argentina’s tight monetary policy, limiting financing for small and medium-sized businesses and delaying investment in manufacturing.

US Oilfield Service Companies Prepare Major Expansion in Argentina’s Vaca Muerta

North American drilling and oilfield-service companies are preparing significant investment in Argentina’s Neuquén Basin, supplying technology and logistical support as shale producers seek to overcome infrastructure constraints.

Argentina Streamlines Copper and Lithium Investment Rules to Attract Foreign Capital

Argentina’s mining authorities and provincial governments are simplifying investment procedures under the Large Investments Incentive Regime as they compete for multibillion-dollar projects in copper, lithium and other energy-transition ...

YPF Outlines $25 Billion Investment Plan Focused on Vaca Muerta Expansion

Argentina’s state energy company YPF has detailed a 15-year, $25 billion investment strategy centered on increasing shale production, completing the Vaca Muerta Sur pipeline and expanding oil and liquefied natural gas exports.

Vaca Muerta Reserves Estimate Rises to Nearly 9 Billion Barrels of Oil

Enverus Intelligence Research has estimated recoverable resources in Argentina’s Neuquén Basin at nearly 9 billion barrels of oil and 109 trillion cubic feet of natural gas, reinforcing the commercial potential of the Vaca Muerta shale f...

Lionel Messi Retires From International Football, Prompting Debate Over Argentina’s No. 10 Shirt

Argentina captain Lionel Messi has retired from international football, prompting a national response and a dispute over whether his No. 10 jersey can be permanently retired under FIFA rules.

Milei Rejects Monetary Easing and Reaffirms Argentina’s Zero-Deficit Policy

President Javier Milei said his government would maintain its strict fiscal and monetary stance despite weaker domestic consumption, rejecting business calls for easing until inflation is brought under control.

Argentina’s Central Bank Sells Nearly $400 Million as Market Pressure Intensifies

Argentina’s central bank sold almost $400 million from reserves to defend the 1,474-peso exchange band as sovereign bonds fell and the country-risk premium climbed above 1,400 basis points amid signs of stalled economic activity.

US Treasury Advances Talks on $20 Billion Financial Support Package for Argentina

The White House and US Treasury are finalizing negotiations on a $20 billion currency swap and debt-purchase package intended to strengthen Argentina’s central bank reserves and provide liquidity to defend the country’s exchange-rate fra...

Argentine Lawmakers Consider Legal Constraints on Future Sovereign Debt Policies

Ruling-coalition lawmakers have proposed legislation that would impose institutional restrictions and potential legal liability on future governments that sharply increase sovereign debt or breach international financial agreements.

Argentina’s Farm Sector Seeks Extension of Temporary Worker Benefit Rules Before Harvest

Rural unions and agribusiness groups are urging the government to extend rules allowing seasonal farm workers to keep state benefits, warning that delays could disrupt harvest operations in major agricultural provinces.

Argentine Banks Adjust Dollar Deposit Rates as Carry-Trade Liquidity Grows

Major banks are changing rates on dollar-denominated deposits as they absorb liquidity generated by local-currency carry trades and investors show greater confidence in the central bank’s foreign-exchange framework.

Buenos Aires AI Summit Highlights Rising Demand for Argentine Digital Talent

The People Summit in Buenos Aires highlighted growing corporate adoption of artificial intelligence as international technology companies increasingly look to Argentina for cost-competitive software engineering and digital expertise.

Argentine Industrial Union Urges Government to Tone Down Rhetoric Toward Manufacturers

Argentina’s main industrial association has praised the government’s economic stabilization efforts while calling for an end to hostile rhetoric toward domestic manufacturers, arguing that greater institutional stability could unlock del...

Argentina and Chile Hold Talks on Strait of Magellan Maritime Connectivity

The Argentine and Chilean governments have held high-level discussions in Santiago focused on logistical cooperation and stability around the Strait of Magellan, a key corridor linking Pacific and Atlantic trade.

Argentine Province Suspends Mandatory Primaries Ahead of Legislative Elections

A provincial governor allied with President Javier Milei has suspended mandatory primary elections ahead of upcoming legislative contests, adopting a reform the national government hopes could eventually be replicated at federal level.

Former Argentine Tax Official Detained in Corruption and Extortion Investigation

Federal police have detained a former senior official from Argentina’s tax authority in connection with an investigation into alleged corruption and extortion networks within the revenue collection system.