Argentina

Saturday, August 16th 2025 - 10:55 UTC
YPF case: NY Court of Appeals rules in favor of Argentina

The Second Circuit Court of Appeals in New York has suspended a lower court's order that required Argentina to transfer 51% of its shares of the state oil company YPF to a New York bank. This overruling of Judge Loretta Preska's Sept. 2023 order is a significant win for Buenos Aires, as it allows the South American country to appeal the $16 billion judgment without having to surrender a key state asset
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Saturday, August 16th 2025 - 10:30 UTC
Uruguay interested in increased Paraguayan barge traffic

Uruguay is in talks with Asunción to improve the flow of Paraguayan barge fleet – the world's third-largest – through the port of Montevideo. In addition, extra berths have been requested at the port of Nueva Palmira.
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Friday, August 15th 2025 - 10:53 UTC
Fentanyl scandal splashing Milei's rivals leading up to midterms

The death toll from contaminated medical fentanyl in Argentina has been updated to 100 people, with the Libertarian government publicly blaming HLB Pharma Group S.A., and its owner, Ariel Garcia Furfaro, for it.
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Friday, August 15th 2025 - 09:59 UTC
Argentine prosecutor charges President Javier Milei over threats and defamation against journalist

Argentine President Javier Milei has been formally charged in a case investigating the dissemination of a fake pornographic video generated with artificial intelligence depicting journalist Julia Mengolini, along with threats and harassment against her on social media.
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Thursday, August 14th 2025 - 10:18 UTC
Argentina's inflation in July stands at 1.9%

Argentina's Consumer Price Index (CPI) rose 1.9% in July, bringing the year-on-year inflation to 36.6% and the year-to-date figure to 17.3%, according to a report from the National Institute of Statistics (Indec) released Wednesday in Buenos Aires. This marks the third consecutive month with a monthly inflation rate below 2%, a trend not seen since late 2017.
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Wednesday, August 13th 2025 - 20:48 UTC
Uruguay's Salto more expensive than Argentina's Concordia across the border

A study by the Catholic University of Uruguay's (UCU) Economic Observatory on the Salto Campus released this week showed that goods were once again much less expensive in Argentina. However, the difference was not as large as in previous years.
Wednesday, August 13th 2025 - 10:34 UTC
Argentine SMEs losing ground to imports

A report by the SME Observatory Foundation (FOP) warned that one-third of Argentina's small and medium-sized industrial enterprises (SMEs) were losing market share to imports. The study, which surveyed 407 companies, found that 45% of SMEs feel a growing threat from imported goods, the highest level since 2007.
Wednesday, August 13th 2025 - 09:58 UTC
Argentina's Navy interested in Italian and Danish frigates

Argentina's Navy is considering modernizing its fleet with units from Denmark and Italy, it was reported this week in Buenos Aires.
Wednesday, August 13th 2025 - 09:47 UTC
Argentina: July's CPI projected below 2%

According to the Market Expectations Survey (REM) from Argentina's Central Bank (BCRA), which collects projections from consulting firms and research centers monthly, inflation in July is expected to be 1.8%, a slight increase from June's 1.6%. This figure is foreseen despite the dollar rising 14% during the same month.
Tuesday, August 12th 2025 - 10:56 UTC
Netanyahu's detention in Argentina requested

Argentina's Association of State Workers (ATE) and the organization H.I.J.O.S., grouping descendants of victims of the 1976-1983 military dictatorship, have filed a formal complaint with a federal court against Israeli Prime Minister Benjamin Netanyahu for “genocide” and “war crimes” against the Palestinian people. They also requested his arrest next month when he visits the South American country.