Buenos Aires Times

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.

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.

Import Deregulation Reshapes Argentina's Retail Market

Cross-border online purchases of electronics and clothing have grown to nearly forty percent of traditional shopping mall sales following customs deregulation, increasing competition for domestic manufacturers and retailers.

Argentine Sovereign Bonds Rally as Investor Confidence Improves

Argentina's sovereign bonds strengthened and the country's risk premium declined as investors responded positively to continued fiscal discipline and the Central Bank's accumulation of foreign exchange reserves.

YPF Advances Planning for Bahía Blanca LNG Export Project

YPF and its international partners are moving forward with technical and financial planning for a liquefied natural gas export terminal at Bahía Blanca aimed at supplying overseas markets.

Rio Tinto Advances Second Phase of Rincón Lithium Project

Rio Tinto has begun the second phase of capital investment at its Rincón lithium project in Salta after becoming the first mining project approved under the Large Investment Incentive Regime.

Lithium Argentina Advances Cauchari-Olaroz Expansion Under Investment Incentive Program

Lithium Argentina expects approval under the Large Investment Incentive Regime to move ahead with the second phase of its Cauchari-Olaroz project in Jujuy, increasing battery-grade lithium carbonate production.

Globant Wins Google Cloud Award for Artificial Intelligence Innovation

Buenos Aires-based technology company Globant was named Google Cloud Country Partner of the Year for Argentina in 2026 for its work deploying generative artificial intelligence and digital transformation services.

Mercado Libre Expands Hiring and Logistics Investment in Argentina

Mercado Libre is adding two thousand technology and logistics jobs in Argentina as part of its broader regional investment strategy, supported by improved domestic credit conditions.

Argentine Banks See First Stabilization in Non-Performing Loans in Two Years

The Central Bank reported that delinquency rates on commercial and consumer loans have stopped rising for the first time in twenty-four months, indicating greater stability in the financial sector.

Argentina's Trade Recovery Drives Higher Imports

June trade data showed imports rose three point four percent while exports edged lower, suggesting improving consumer demand as purchasing power begins to recover.

Argentina's Tax Revenue Outpaces Inflation on Stronger Collections

The national tax authority reported real growth in July tax revenue, supported by deferred income tax payments and signs of improving domestic commercial activity.

YPF Expands Pipeline Capacity to Support Higher Vaca Muerta Oil Exports

YPF is advancing the Oldelval pipeline expansion between the Neuquén Basin and Puerto Rosales in Bahía Blanca, a project designed to double crude transport capacity and ease a key export bottleneck.

IMF Says Argentina Does Not Need Additional Financial Assistance

International Monetary Fund officials told Economy Minister Luis Caputo that Argentina's fiscal surplus and macroeconomic stabilization mean no new multilateral financial assistance program is currently required.

Argentina Eliminates Longstanding Maritime Pilot Restrictions

President Javier Milei's administration issued Decree 690, creating an open national registry for maritime pilots and ending mandatory pilot changes along the Paraná waterway in an effort to reduce shipping costs despite union opposition.

Economy Minister Reaffirms Goal of Reaching Zero Inflation

Economy Minister Luis Caputo said the government remains committed to achieving zero inflation before the end of its term after annual consumer price inflation slowed to thirty-three point five percent in June.

Argentina Raises More Than $14 Billion in International Debt Markets

Argentine provinces including Neuquén and Chubut, together with corporate borrowers, have raised more than fourteen billion United States dollars in foreign debt since late last year, bringing dollar inflows that exceed projected annual ...

Argentina's Vaca Muerta Shale Output Reaches Record High

Oil production from the Vaca Muerta shale formation climbed to a record six hundred and forty-eight thousand barrels per day, with International Monetary Fund Managing Director Kristalina Georgieva calling for the energy boom to generate...

President Milei Unveils 2026 Budget Centered on Economic Recovery

President Javier Milei presented Argentina's 2026 budget, saying the country's economic crisis has passed while outlining plans for continued economic growth and targeted increases in spending on education, healthcare and pensions.

Argentina's Central Bank Builds Foreign Exchange Reserves Above $13 Billion

The Central Bank of Argentina said it has purchased more than thirteen point three billion United States dollars in foreign exchange this year, while President Javier Milei said reserves could reach twenty billion dollars with support fr...

Maritime Strike Disrupts Argentina's Grain Exports and Vaca Muerta Fuel Shipments

More than one hundred and forty commercial vessels remain stranded at Argentina's main river and coastal ports as maritime pilots protest federal deregulation, disrupting grain exports from Santa Fe and delaying a tanker serving the Vaca...

Cuba’s Grid Fails Again as Fuel Crisis Deepens

A nationwide blackout has darkened the island for the sixth time this year, exposing the strain imposed by ageing power plants, fuel shortages and an economy now being pushed towards limited reform.

Nazca Lines Flight Crash Kills Thirteen as Peru Suspends Aerodiana

Eleven European tourists and two Peruvian crew members died after a sightseeing aircraft reported a mechanical emergency before crashing near Nazca; investigators are examining the wreckage and final radio call.

Argentina Presses Ahead With Wider Market Liberalization

The government's latest deregulation initiative extends its broader effort to reduce state intervention by opening more sectors to competition and lowering regulatory barriers across the economy.