The situation adds urgency to Milei’s bet that the ‘trickle-down effect’ of mining and energy will lead to more formal jobs

Supermarkets and wholesale stores point to demand as the main factor limiting commercial activity

An INDEC report also stated that the country registered a new export record in May

Mining and energy demand massive investments, but fail to create direct employment on the same scale

Deal to reopen the Strait of Hormuz sends crude lower and lifts Asia-Pacific stocks amid hopes of regional de-escalation

Milei will try for a third time to draw out the estimated US$255 billion outside of the banking system, more than 5 times the IMF’s record 2018 loan

Despite the sector’s historic growth, the economic spillover into the provinces where the activity is concentrated is still lagging

This is the first time in a year that inflation has fallen for two consecutive months. Accumulated inflation for 2026 is 14.7%

Standard & Poor’s upgraded its credit rating, sparking dollar-denominated sovereign bonds to rise by as much as 3%