This Month
‘Everything is becoming more split’: the global AI divide
In the race for cutting-edge AI systems and computing power, a handful of countries and companies are gaining control of our digital future.
8 countries where your money will go further than Europe
The US dollar’s decline means it’s suddenly a lot cheaper to travel to some popular holiday destinations.
June
Milei goes for broke in Argentina
The South American country’s president offers a radical experiment in economic therapy for a nation in desperate financial straits.
May
BHP’s Argentinian copper project just got bigger
The miner’s $3.2 billion push into South America has received a boost after it was revealed its Filo del Sol discovery is much bigger than previously estimated.
Malbec country turns back to mining
Mendoza, a province best known for its Malbec, could open a new mine in a nationwide rush for the red metal under President Javier Milei.
January
Argentina’s Milei tells West: Join Trump’s anti-woke alliance
The firebrand, chainsaw-wielding libertarian says a new axis is forming that wants to stamp out bloated bureaucracy and politically correct ideology.
October 2024
Rio Tinto’s Serbian lithium pain might be Argentina’s gain
After two decades of work to build a lithium and borates mine in Serbia, Rio Tinto has taken its billions elsewhere. Is this the end of Europe’s lithium dream?
June 2024
Argentine Senate passes Milei reform bill as protests rage outside
The bill is key to overhauling an embattled economy, and includes plans for privatising public firms, granting special powers to the president and spurring investment.
May 2024
Argentina launches 10,000-peso notes, worth $17, as inflation bites
The new note, worth five times more than the previous largest note, was introduced as Argentina’s annual inflation rate reached 287 per cent in March.
April 2024
Javier Milei fuels wild rally that makes peso No. 1 in world
The currency has, in fact, not only stopped plunging day after day but in one key foreign exchange market, it’s actually rallying sharply.
January 2024
‘Taxing parasites’: Is this the fieriest speech ever given at Davos?
Argentina’s Javier Milei set Davos alight, warning Western politicians that by trying to correct illusory market failures, they were sliding towards socialism.
The RBA will be ‘reluctant’ interest rate cutters
Bank of America economist Micaela Fuchila says the RBA will be reluctant to cut rates until 2025, given how long it will take to return inflation to target.
December 2023
Why investors are cheering Argentina’s ‘shock therapy’
Analysts believe the radical measures announced this week by new President Javier Milei offer a realistic opportunity to rescue the South American economy.
Death in the Andes: a mountain gives up secrets
Fifty years after two mountaineers perished on South America’s tallest peak, a camera emerged from the ice with film that could help solve the mystery of their deaths.
How Argentina’s Javier Milei looks set to undercut Australian lithium
The president-elect’s country holds 21 per cent of the world’s proven reserves. It is today producing just 6 per cent of supply. This is about to change.
November 2023
Emerging markets have ignored the ‘Buenos Aires consensus’
Serial debt-defaulting countries have stunned economists by thriving though prudent policies advocated by the IMF.
Trump tells Milei he plans to visit Buenos Aires
Argentina’s president-elect, Javier Milei, earlier this year called on the former US president to “continue with his fight against socialism”.
Thank Britain for why Australia isn’t Argentina
Trying to understand Argentina’s failure should also make Australians think more deeply about the sources of this country’s success.
Trump-loving new president’s plan to end economic chaos in Argentina
A self-described “anarcho-capitalist”, Javier Milei has proposed abolishing the central bank and taking a “chainsaw” to public spending.
September 2023
Argentina considers annual tax on lithium profits, domestic quota
Argentine leaders are keen to avoid yet another resource curse in a region that has been unearthing raw materials for centuries while remaining relatively poor.