Argentina
LATAM BLOG: Friends till the end? Trump's costly loyalty to Latin America's strongmen
Trump bails out Argentina with $20bn while slapping 50% tariffs on Brazil to protest Bolsonaro's coup conviction. His ideology-driven policy risks pushing both nations toward China—exactly what Washington hoped to prevent.
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McEwen Copper's $2.7bn Los Azules project wins Argentina approval
Argentina approves McEwen Copper's Los Azules project for RIGI tax incentives, positioning the country to re-enter copper production by 2029 as global supply deficits emerge and demand soars for the critical metal.
Argentina's Milei criticises UN in fiery General Assembly address
Argentine President Javier Milei delivered a scathing critique of the United Nations during his address to the 80th General Assembly on September 24, accusing the organisation of "overreach" while calling for fundamental reforms.
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Argentina reinstates grain export taxes after $7bn sales cap reached
Argentina has restored export taxes on grains and their derivatives after reaching its predetermined $7bn sales threshold in just three days, bringing an abrupt end to a tax holiday that had triggered intensive Chinese buying.
COMMENT: China trumps Trump on soy
Beijing has used a third party – Argentina - as a bit-player of sorts with which to score points.
US in talks for $20bn Argentina swap line as Trump gives Milei full backing
Washington and Buenos Aires are negotiating a potential $20bn currency swap arrangement as the United States prepares to deploy an array of financial instruments to support Argentina's beleaguered economy.
Spain pushes for swift EU-Mercosur deal ratification as December signing looms
Spain has intensified calls for the swift ratification of the EU-Mercosur trade agreement, with Agriculture Minister Luis Planas declaring that "not a minute should be wasted" on a deal that could be signed as early as December.
Argentine markets rally as Milei seeks US lifeline ahead of Trump meeting
Argentine assets surged on September 22 as the US Treasury pledged unprecedented backing for President Milei's struggling government.
China rejects US "bullying" over Latin American partnerships
China has once again rejected American efforts to pressure Latin American nations into reducing ties with Beijing, with a foreign ministry spokesperson asserting the region's right to choose its own development partners independently.
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Latin America's development gains under threat as one in four live in poverty, UN report finds
UNDP warns of stagnation and rising vulnerability across the region amid "overlapping crises".
Extreme poverty falling steadily – OWID
To track progress towards ending extreme poverty, the United Nations relies on World Bank estimates of the number of people living below a poverty threshold called the “International Poverty Line” (IPL), Our World in Data (OWID) reports.
IMF gives guarded nod to Argentina's currency interventions
The IMF has signalled cautious backing for Argentina's recent foreign exchange market interventions whilst urging greater transparency in currency management, as President Milei faces mounting political pressure.
President Javier Milei confirms date to announce Argentina's 2026 budget
Argentina's president will give a speech on September 15 evening, hours before the mandated budget deadline, which could imperil his cost-cutting administration.
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IMF maintains support for Argentine government despite Milei's electoral blow
The International Monetary Fund has maintained its public support for Argentina's economic programme despite President Javier Milei's significant electoral defeat in Buenos Aires province.
Milei suffers electoral blow as opposition sweeps Buenos Aires vote
Argentine President Javier Milei suffered a decisive electoral defeat in Buenos Aires Province, with his La Libertad Avanza party securing just 34% of the vote compared to 47% for the centre-left Fuerza Patria coalition.
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EU pushes trade pacts with Mexico and Mercosur
The European Union has thrown its weight behind two major Latin American trade agreements, formally launching the ratification process for deals with Mercosur and Mexico despite sustained resistance from agricultural nations and farmers.
Argentine government to intervene in FX market amid volatility
Argentina's government has announced a direct intervention in the foreign exchange market to address mounting currency pressures, as corruption allegations weigh on investor confidence ahead of crucial regional elections.
Argentina’s Milei flees rally as corruption scandal fuels violent protests
Argentina's political tensions exploded into violence on August 27 when President Milei was forced to abandon a campaign rally in Buenos Aires province after protesters pelted his motorcade with rocks, eggs and branches.
Argentine President Milei embroiled in corruption scandal
Argentine police raided over a dozen luxury properties, including the headquarters of the national disability benefits agency, as a corruption investigation threatens to engulf President Javier Milei's inner circle, including his sister
US EPA’s controversial Climate Crisis report is full of lies and mistakes
The US Environmental Protection Agency (EPA) released a controversial report in July claiming the effects of the Climate Crisis were overblown. A fact check by Carbon Brief found it is full of lies and errors.