JetSMART Airlines launched its first direct flight from Recife to Buenos Aires on Tuesday, marking the carrier's entry into Brazil's Northeast region and expanding its international routes in South America's largest country to ten services, across five cities (Rio de Janeiro, Florianópolis, Nova Iguaçu, São Paulo, and Recife).
Add your comment!Judge Loretta Preska of the Southern District Court of New York ordered Argentina to transfer 51% of YPF shares to an escrow account to settle a US$16.1 billion judgment in favor of Burford Capital and Eton Capital, stemming from the 2012 expropriation of the oil company. The ruling, which Argentina may appeal, surprised the government, as even the US Department of Justice opposed it. The decision led to a sharp decline in YPF shares (1.4% on Wall Street, 3% locally) and a 2% drop in the Merval index.
Add your comment!Prosecutors Diego Luciani and Sergio Mola, who got former President Cristina Fernández de Kirchner (CFK) sentenced to six years in jail for corruption in the so-called Vialidad Case, on Monday filed for her to be stripped of her house arrest privileges and be sent to an ordinary correctional facility.
1 commentArgentine President Javier Milei is preparing to host the South American Common Market (Mercosur) Summit Wednesday and Thursday in Buenos Aires, during which he will have to welcome his Brazilian colleague Luiz Inácio Lula da Silva, with whom he does not see eye to eye after calling him names during the 2023 campaign.
Add your comment!A severe crisis in Argentina's shrimp fishing industry, described as the worst in its history, has left 113 freezer vessels idle, 5,000 workers unemployed, and caused over US$200 million in export losses. The conflict stems from a dispute between fishing companies and unions (SOMU and Simape) over adjusting the Collective Labor Agreement, which ties workers' production bonuses to a 2005 shrimp price of US$12 per kilo.
Add your comment!Denmark's concurrent Ambassador to Brazil and Argentina discussed in an interview with DEF Magazine the recent purchase by Buenos Aires of 24 second-hand US-built F-16 Fighting Falcon aircraft in April 2024, which are yet to be delivered. Argentina needs to modernize its air might since the 2015 decommissioning of French-built Dassault Mirage aircraft.
Add your comment!The Organization of American States (OAS) unanimously adopted a declaration during its General Assembly in Antigua and Barbuda, supporting Argentina’s sovereignty claim over the Falkland/Malvinas Islands, South Georgia, and South Sandwich Islands.
28 commentsThe International Monetary Fund (IMF) concluded a four-day technical mission in Buenos Aires to review Argentina’s compliance with a new US$20 billion agreement signed in mid-April 2025, it was announced Friday in Buenos Aires.
Add your comment!Argentine President Javier Milei launched the electoral campaign for his party, La Libertad Avanza (LLA), in the province of Buenos Aires ahead of local elections on September 7, 2025. During a party congress in La Plata, Milei harshly criticized Buenos Aires Governor Axel Kicillof, a Peronist, calling him Stalin's chick and a eunuch donkey.
1 commentBrazil's National Civil Aviation Agency (ANAC) imposed a provisional administrative measure against Aerolíneas Argentinas this week, banning the neighboring country's flag carrier from establishing new operating bases in Brazil and increasing flight frequencies at Brasília, Galeão, Salvador, Curitiba, and Florianópolis.
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