The Vault · 2026-03-30 16:27:08 · Bloomberg Markets
A major capital surge is targeting Argentina's Vaca Muerta shale patch. Phoenix Global Resources, the crude producer backed by global commodity trader Mercuria Energy Group, is preparing a massive $6 billion expansion plan, signaling a direct and aggressive response to President Javier Milei's new economic policies. Th...
The Vault · 2026-04-13 01:22:33 · Hacker News
A bribery scandal involving President Javier Milei has thrown a major cloud of uncertainty over Argentina's push to attract cryptocurrency investment. The allegations, which have not been proven, risk derailing the pro-Bitcoin, deregulatory agenda that was a cornerstone of Milei's economic platform and a key signal to ...
The Vault · 2026-04-14 00:52:32 · Bloomberg Markets
Antofagasta Plc, the London-listed Chilean mining giant, is actively scouting opportunities in Argentina, signaling a potential major shift in the regional copper landscape. CEO Iván Arriagada confirmed the company is taking an early look at the country, drawn by what he described as sweeping policy changes that are re...
The Network · 2026-04-15 13:22:45 · Bloomberg Markets
A widening conflict in the Middle East is now directly threatening the economic cornerstone of Javier Milei's presidency. The US war with Iran has introduced a powerful external shock that could derail the Argentine leader's most emphatic pledge: achieving monthly inflation below 1% by mid-2024. This external pressure ...
The Vault · 2026-04-17 19:52:52 · Bloomberg Markets
Argentina has secured a temporary reprieve from the International Monetary Fund, but the underlying crisis of a severe hard-currency shortage remains unresolved. The new agreement provides breathing room, yet it does not address the fundamental scarcity of US dollars that continues to strangle the nation's economy. Pre...