Daily brief
Argentina’s economic activity posted its sharpest monthly contraction since 2023, marking the biggest slump under President Javier Milei. The downturn comes as the government pushes forward with privatization and export-driven policies.
New tolls were set for privatized roads in Buenos Aires and La Pampa provinces.
La Rioja province blocked access to a major copper and gold project.
BHP expects nearly 2 million tonnes of copper production after record throughput at its Escondida mine.
A potential $30 billion export surge is seen as Milei’s opportunity to rebuild Argentina’s foreign reserves.