
Argentina’s government under President Javier Milei has intervened in the port of Ushuaia—the country’s southernmost port and a major gateway to Antarctica—taking control of operations for one year in a move that has reignited tensions with the Tierra del Fuego provincial administration and opened a wider dispute over federal authority.

Argentina’s state-run oil company YPF and local producer Pluspetrol have agreed to a portfolio swap aimed at reshaping their positions in the Vaca Muerta shale play and strengthening supply for YPF’s flagship liquefied natural gas (LNG) export initiative.

Argentina’s Revenue and Customs Control Agency (ARCA) has filed a fresh complaint against the Argentine Football Association (AFA), alleging undocumented outflows of money and the use of fake invoices, with a preliminary estimated tax damage of more than 375 million pesos (around USD 262,372.01), according to Argentine media reports.

Argentina’s ambassador to France, Ian Sielecki, halted the start of a hearing at France’s National Assembly and refused to speak while a map behind him displayed the Falklands/Malvinas as UK territory. Proceedings resumed only after a staff member covered the islands with a sticky note.

Wildfires in Argentina’s Patagonia continued to pressure communities in Chubut province, with active fronts and repeated flare-ups reported around Epuyén, El Hoyo and Puerto Patriada, as heat, strong winds and very low humidity complicated containment efforts. Local coverage described preventive self-evacuations and round-the-clock watch shifts by firefighters, specialist brigades and residents trying to shield homes, livestock and productive areas.

The BYD Changzhou car carrier docked on Monday at Terminal Zárate, in Argentina’s Buenos Aires province, and unloaded around 5,800 hybrid and electric vehicles shipped from China—described by local coverage as the largest single import landing of its kind in the country.

Iran warned it would deliver an “appropriate response” after the Argentine government designated the Quds Force—an external-operations unit within Iran’s Revolutionary Guards—as a “terrorist organization” and added it, along with 13 linked individuals, to Argentina’s Public Registry of Persons and Entities Connected to Terrorism and its Financing (RePET).

The International Monetary Fund (IMF) has reaffirmed its projections for Argentina’s economy, forecasting growth of 4% in both 2026 and 2027, unchanged from its previous estimates published in October. The figures appear in the latest update of the World Economic Outlook (WEO), presented on Monday in Brussels.

The European Union and South America’s Mercosur bloc signed their long-negotiated association and free trade agreement on Saturday in Paraguay, with Argentina’s President Javier Milei attending the ceremony and Brazil’s Luiz Inácio Lula da Silva absent, represented instead by his foreign minister.

On January 17, 2026, the Mercosur bloc and the European Union (EU) will formalize a comprehensive association and free trade agreement in Asunción, Paraguay, marking the culmination of nearly 26 years of negotiations, according to international and regional news outlets.