Best hotel in Argentina

Five-star Gran Meliá Iguazú hotel, close to the iconic waterfalls on the border with Brazil, chosen as the nation’s best by World Travel Awards. An exclusive five-star resort with a …

New lithium plant

French mining group Eramet and China’s Tsingshan  inaugurated a lithium production plant in Argentina to supply the booming electric car industry. The site in Centenario, in the northwestern province of …

Plan for public works

Argentina is moving forward with the implementation of the new public works model and has laid out guidelines that will put an end to a previous scheme introduced by the …

Delivery on economic promises

Javier Milei’s win in Congress has started the clock ticking. Argentina’s president needs achievements to convince a society that is impatient for economic change that better times are around the …

Milei’s trip to Europe

President Javier Milei was on the road again immediately after honouring Flag Day in Rosario (where he rescheduled his frustrated Pacto de Mayo for Independence Day on July 9 in …

Deregulation of telecoms

The ENACOM regulatory agency has deregulated the pricing of Internet, mobile telephones and cable television as from July,  following publication of Resolution 13/2024 in the Official Gazette on the last …

Huge iceberg

The Coast Guard has detected the presence of a huge iceberg off the coast of the Tierra del Fuego capital of Ushuaia, taking measures to ensure the safety of shipping. …

Ruling a precedent?

The fallout from the acquittal of businessman,Ángelo Calcaterra, (a cousin of ex-president Mauricio Macri) has not ended with the controversial June 19 Federal Cassation Court ruling that the money he …

Milei considers China visit

Xi meeting in Beijing? Reports emerged  that President Milei is considering a visit to China for a bilateral meeting with his Chinese counterpart Xi Jinping. News of the potential visit …

Rigi Consensus

Brazil’s President Luiz Inácio Lula Da Silva fired Jean-Paul Prates, the chairman of Petróleo Brasileiro (Petrobras) – Latin America’s largest company by market value – due to differences over domestic …

Long last single digits

Widespread expectations of single-digit inflation for the first time in six months were met when INDEC statistics bureau posted 8.8 percent inflation for April . Annual inflation is now running …

Argentina to Silicon Valley

President Javier Milei will pitch investing in Argentina to Apple Inc, Alphabet Inc and Meta Platforms Inc In California, building on an unprecedented wave of international recognition in a bid …

Prioritizing ‘political dialogue’

Argentina’s new Cabinet Chief Guillermo Francos vowed  to bring his political expertise to bear on negotiations for economic reform, conceding that diplomacy is not his boss’ forte. The previous evening, …

Oil drillers’ rally

Miguel Galuccio knows shale. He was a founder of Argentina’s burgeoning boom, leading the first incursions into its heralded oil and gas field known as Vaca Muerta, or dead cow. …

Chill & dream of snow

Despite a week of bracingly low temperatures, thermometers in Buenos Aires are still not rising. And with weather experts warning May 25 as the coldest day of the year, porteños …

Copper frenzy

Global mining heavyweights including Lundin Mining Corp, Glencore Plc and First Quantum Minerals Ltd are piling into Argentina as a new government intent on luring foreign investment propels the companies …

Dollarisation blueprint

President Javier Milei reaffirmed his campaign promise to dollarise Argentina in the clearest articulation yet of his government’s economic blueprint. Milei said that after clearing the Central Bank’s balance sheet …

Inking Funds

The technical staff of the International Monetary Fund (IMF) approved in May the 8th review of its US$44-billion stand-by agreement with Argentina, also clearing the remittance of US$800 million to …

5-digit banknotes

The new 10,000-peso banknote carrying the portraits of Independence protagonists Manuel Belgrano and María Remedios del Valle began to circulate on early May, but the 20,000-peso banknotes bearing the image …

Caputo on the move

Economy Minister, Luis Caputo, made two surprise moves in his war on inflation – knocking the floor out of interest rates to bring down prices to approximately 80 percent and …