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Neuquén Sets Oil Production Record, Boosting Argentina’s Global Stance

In February, Neuquén, an Argentine province, hit a daily oil production record, officials announced, spotlighting the Vaca Muerta formation's role. Oil output soared to 381,570...

Shift in Military Alliances: Argentina Eyes Danish F-16s Over Chinese JF-17s

On March 20, 2024, Argentina, under President Javier Milei, signaled its intent to buy F-16 fighter jets from Denmark, marking a strategic shift in...

Argentina Faces Economic Dip in 2023, Aims for Recovery

In 2023, Argentina's economy shrank by 1.6%, with a 1.9% GDP drop in the last quarter reported by the national stats agency Indec. Despite this,...

Surge in Argentina’s Wholesale Inflation Hits 329.1%

In February, Indec reported Argentina's wholesale inflation hit 329.1% year-on-year, with prices up 29.9% in the first two months. This uptick reflects a slowdown from...

Argentina Halts Chinese Dam Projects: A Ripple Effect on Bilateral Ties

Argentina recently halted construction on two major dams financed by China, stirring concerns over future Chinese investments. This decision impacts the ongoing projects and their...

Milei’s First 100 Days in Argentina: Fiscal Surplus Amid Rising Poverty

Javier Milei, embracing libertarian principles, took the helm in Argentina with a commitment to rapid fiscal reforms. His administration marks a departure from the past,...

Argentina’s Senate Rejects Milei’s Economic Reform

The Argentine Senate recently voted against President Javier Milei's decree for economic deregulation and freedom. Issued in December, the proposal aimed to simplify economic regulations...

Argentina Broadens Gun Use Rules for Federal Forces

On Wednesday, Argentina unveiled a rule change allowing federal forces to use guns in violent incidents. This includes arresting those who resist or try to...

Resilient Crops: Argentina Holds Steady in Global Agriculture

The Rosario Board of Trade (BCR) has raised its forecast for Argentina's 2023/24 soybean harvest by 500,000 tons, now expecting 50 million tons. However, BCR's...

Brazil and Argentina Forge New Path with Open Skies Agreement

In a move signaling a significant transformation in air travel and commerce, Brazil and Argentina have recently agreed to implement an open skies policy. This...

Narco-Violence Halts Life in Argentina’s Third-Largest City

Rosario, the third-largest city in Argentina, faces a standstill due to a spike in drug-related violence. This situation has led to the murder of innocents,...

Argentina’s Inflation Slows to 13.2% in February

Argentina's February inflation at 13.2%, per Indec, continues slowdown from 25.5% in December, to 20.6% in January. Year-to-date, inflation has reached 36.6%, with the 12-month...

Venezuela Enforces Airspace Ban on Argentina

Venezuela enacted an airspace ban on flights to and from Argentina, awaiting compensation for Conviasa's subsidiary Emtrasur over its aircraft detained since June 2022. Venezuelan...

Argentina Slashes Interest Rate to 80% Amid Inflation Drop

On Monday, the Central Bank of Argentina (BCRA) lowered its benchmark interest rate from 100% to 80%. This move reflects the country's declining inflation rates....

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