News of argentina

Milei’s disapproval rating hits new high as midterm lead shrinks

Today 14:24 More than half of Argentines disapprove of Milei while 42% support the head of state, according to LatAm Pulse survey

CURRENCY WOES

Peso breaches trading limit, upends Milei FX strategy

Today 14:09 Peso hits 1,474.50 per dollar, beyond the upper level of Milei administration's trading limit.

IMF LEADERSHIP

US plans to nominate Treasury’s Katz as IMF’s number two official

Today 13:56 Nigel Chalk also named director of IMF's Western Hemisphere Department, likely to lead Fund's work with Argentina, its biggest borrower.

AGRICULTURE & LIVESTOCK

Distressed trader’s soy can feed pigs in Argentina, suitor says

Today 08:18 Grains brokerage Grassi SA, a key suitor for the assets of Vicentin SAIC, once Argentina’s top exporter of soy meal, eyes new business model for distressed trader.

Foreign relations & diplomacy

Milei rejects ‘moderate option’ as he hails Charlie Kirk at CPAC Paraguay

Yesterday 23:29 At CPAC in Asunción, Argentina’s President warns against ‘third way’ politics, praises Paraguay’s economic model and meets his counterpart and ally Santiago Peña.

MERCOSUR-EFTA AGREEMENT

Mercosur and EFTA sign free-trade deal in Rio de Janeiro

Yesterday 18:42 Deal creates a market of 300 million people and covers some US$4 trillion in GDP; Brazil brands it a “clear signal” against US protectionism led by Trump.

PRIVATISATION PLAN

Milei moves forward with privatisation of Nucleoeléctrica Argentina

Yesterday 17:39 Milei to move ahead with partial privatisation of Nucleoeléctrica Argentina SA; Government decree to allow sale of 44% stake; State to retain majority control as foreign investors eye nuclear sector.

BUSINESS & ACQUISITIONS

Race for Carrefour’s business in Argentina heats up

Yesterday 17:14 Carrefour is leaving Argentina and the biggest players in the national supermarket industry are interested in the French retailer’s business, which includes almost 700 stores nationwide. A look at who is in the running.

2026 Budget bill

Ten key points from Milei’s 2026 Budget bill

Yesterday 17:13 President Javier Milei unveils Budget bill to be sent to Congress; Fiscal balance is “non-negotiable cornerstone” of government’s plan, says President.

BONDS & MARKETS

Argentine assets rebound as Milei strikes more moderate tone

Yesterday 16:28 Dollar bonds recovering from week-long rout after President Milei struck more conciliatory tone in budget speech.

POLITICS & COURTS

Karina Milei drops legal action against audio recordings going public

Yesterday 15:32 President’s sister and chief-of-staff drops lawsuit seeking to block publication of voice messages allegedly taped at Casa Rosada.

BONDS & MARKETS

Foreign investors with Argentina FOMO pile into Brazil stocks

Yesterday 11:35 Afraid of missing out on an Argentina-like rally, investors are piling into Brazil on bets that a business-friendly candidate will win next year’s election.

POLITICS & CONGRESS

Budget 2026: Government sends balanced bill eyeing 5% growth

Yesterday 09:29 Government projects increases for pensions, education, health and disability programmes; Inflation in 2026 will be an annual 10.1%, according to text of bill.

POLITICS & ECONOMY

Budget bill speech: Milei promises 'worst is over,' asks voters to hold firm

15-09-2025 23:34 President unveils bill with spending boosts for pensioners, health, education and disabled; With eye on election, he thanks Argentines for bracing austerity but says he won’t negotiate on balancing budget.

CURRENCY WOES

Argentina moves to curb dollar demand amid bid to contain peso

15-09-2025 17:41 President Milei's government again tightens controls to prevent the peso from slumping.

POLITICS & ECONOMY

Milei presents 2026 Budget bill as opposition vows no new extension

15-09-2025 17:35 Opposition governors and lawmakers seek to impose strict timetable for debate to ensure the law passes before the end of the ordinary sessions.

POLITICS & ECONOMY

Milei halves aid for Bahía Blanca days after winning local vote there

15-09-2025 15:59 Days after La Libertad Avanza’s triumph in Bahía Blanca, the Milei government slashes 200-billion-peso emergency aid fund by half.

DIPLOMACY

New UK ambassador in Argentina presents credentials, begins posting

15-09-2025 14:50 New UK Ambassador David Cairns meets with Foreign Minister Gerardo Werthein; Cooperation on trade and investment issues is priority for UK’s top representative in Argentina.

INTERNATIONAL AGENDA

Milei hails Charlie Kirk as ‘martyr of freedom’ in speech to Vox rally

15-09-2025 09:36 President explains absence at far-right rally, says he stayed in Argentina to defend his government after electoral setback in Buenos Aires Province.

ECONOMIC INDICATORS

Private-sector employment dropped in July, dismissal rate rises

15-09-2025 08:49 Fall of recorded private-sector work is in keeping with the increase of job dismissals.

Demonstration in Buenos Aires

Doctors and university staff stage protest against Milei vetoes

13-09-2025 09:33 Protesters take to streets, calling on lawmakers to overturn presidential vetoes on funding bills for paediatric care and state universities.

CURRENCY WOES

Peso posts sharpest weekly fall since Milei took office

13-09-2025 09:12 Market rout follows ruling coalition’s defeat in Buenos Aires Province election; Sell-off deepens amid corruption scandal and doubts over October elections.

INTERNATIONAL RUGBY

Carreras boots Pumas to nervy 28-26 win over Australia

13-09-2025 08:46 Julián Montoya, in his 112th Test, and 50th as skipper, dotted down for Argentina's only try with the nerveless Santiago Carreras nailing the conversion and seven penalties.

ELECTION 2025: ANALYSIS

How Milei raised the bar and paid the price in Buenos Aires Province

13-09-2025 06:54 The market and the political ecosystem, seems to have recalibrated its expectations, putting further financial pressure on the government.

by Agustino Fontevecchia

As I see it

Milei gets his comeuppance

13-09-2025 06:44 It should have been quite easy for Milei to build a broad enough coalition. But instead of making an effort, egged on by Karina, he decided to go it alone.

by James Neilson

Editorial

An emperor needs new clothes

13-09-2025 06:38 Nationalising a provincial contest into a plebiscite and advance opinion poll emerges as a colossal error, even if some argue that without the presidential figure La Libertad Avanza would have fared even worse.

ANALYSING ARGENTINA

The end of Milei’s single-issue government

13-09-2025 06:30 Until now, the Milei administration has been a single-issue government, working under the notion that a fiscal surplus will fix the country’s entire problems. The public does not seem to be OK with that anymore.

by Marcelo J. García

Campaign comments

Blast from the past

13-09-2025 06:09 Last Sunday’s election was very much the mayoral tail wagging the dog and here we’re not just talking about Greater Buenos Aires Peronist “barons” – almost the only successes of third parties came thanks to the PRO mayors bucking the Milei alliance, proving mayoral clout beyond the general trend.

by Michael Soltys

THE WEEK IN REVIEW

Stories that caught our eye: September 5 to 12

12-09-2025 18:25 A selection of stories that caught our eye over the last seven days in Argentina.

DIPLOMACY

Trump’s new ambassador prepares for imminent arrival in Argentina

12-09-2025 15:25 Peter Lamelas set to arrive in Buenos Aires in coming weeks to take up post as United States ambassador in Argentina. His mission: to support the government of Javier Milei, confront Kirchnerism and strengthen the strategic relationship with Trumpism.

ECONOMY – ANALYSIS

Argentina let peso plunge and then stepped in to contain losses

12-09-2025 11:13 Milei administration allowed peso to weaken this week, while simultaneously moving to prevent the rush out of the currency from turning into a stampede.

Rugby union

Springboks, Pumas out to keep Rugby Championship hopes alive

12-09-2025 11:06 Argentina need to bounce back in Sydney after a 28-24 loss to Australia in Townsville.

INTERNATIONAL FOOTBALL

Miss Lionel Messi when he's gone? We miss him already

12-09-2025 06:10 Lionel Messi gave the Monumental crowd and Argentina a suitable send-off against Venezuela. That’s the good out of the way; now, I'm afraid, we have to cover the bad…

by Dan Edwards

OPINION & ANALYSIS

Ex-Peronist politicians at heart of La Libertad Avanza’s defeat in BA Province

11-09-2025 15:08 Ruling party’s leader in the district, Sebastián Pareja, and Moreno mayoral candidate Ramón Vera are Peronists who made themselves indispensable for the Mileis in the Buenos Aires Province structure. Yet theylost out in an election which the government had presented as a key test of national governance.

by Juan Cruz Soqueira

IMF DEBT PROGRAMME

IMF offers Milei backing, hails progress on inflation, fiscal reform

11-09-2025 14:25 IMF praises Milei inflation drop, cautions over market volatility; No immediate concerns over peso intervention, says Fund spokesperson.

Foreign relations & diplomacy

Flight carrying Argentines deported from US lands in Buenos Aires

11-09-2025 08:43 First Trump-era deportation flight to Buenos Aires brings 17 Argentines back; Milei government tried to keep operation quiet and will not complain to Washington, but nation has been grouped alongside Brazil and Venezuela by the US administration.

POLITICS & CONGRESS

Milei vetoes state university funding bill, escalating conflict

10-09-2025 22:38 President vetoes in full bill proposing new funding for state universities, pay rises for teaching and non-teaching staff; Move will increase tensions with education workers and opposition.

ECONOMY – ANALYSIS

Inflation undershot forecast before Buenos Aires Province vote

10-09-2025 21:37 Monthly inflation climbed less than expected, rising 1.9% in August from July.

DEBT AUCTION

Argentina posts strong debt auction after local vote fuelled rout

10-09-2025 19:05 Milei administration rolls over more than 91% of peso-denominated notes, selling a total of 6.6 trillion pesos (US$4.7 billion) in government notes.

POLITICS & ECONOMY

President Milei plans reset with nationwide broadcast on budget

10-09-2025 17:58 Spokesperson Manuel Adorni announces that President Javier Milei will address the nation on Monday September 15, at 9pm, to present Argentina's 2026 Budget.

Foreign policy & diplomacy

Milei plans visit to Paraguay for Peña meeting and CPAC event

10-09-2025 17:38 President to meet Paraguayan counterpart, address conservative summit after scrapping Spain trip for far-right rally.

ELECTIONS 2025: BUENOS AIRES PROVINCE

Election analysis: Peronism scores wins in districts for first time in 20 years

10-09-2025 13:44 Fuerza Patria finished top in the Second and Fourth Sections of Buenos Aires Province; La Libertad Avanza claimed victory in only two, the Fifth, centred on Mar del Plata, and the Sixth, with Bahía Blanca the main city.

ANALYSIS: SHOCK THERAPY

Axel fuels investor fear after Milei’s big loss

10-09-2025 13:14 For investors, the anti-Milei has emerged – and he is worsening market jitters in Argentina.

GOVERNMENT & POLITICS

Milei revives Interior Ministry in nod to governors, appoints Catalán

10-09-2025 11:33 Position had been previously scrapped by government; Lisandro Catalán will join Cabinet Chief Guillermo Francos and Luis Caputo on newly-formed “Mesa Federal,” bid to restore dialogue with provincial governors.

POLITICS & ECONOMY

‘Not a millimetre’: Milei vows no shift in policy as IMF offers support

10-09-2025 11:00 Following damaging electoral defeat and resulting market jitters, President insists his economic reform plan will continue unchanged.

PROFILE: AXEL KICILLOF

Kicillof emerges as challenger to Milei after big win

09-09-2025 21:58 Buenos Aires Province governor enjoys 14-point victory that strengthens his presidential prospects; Peronist leader is building alliances across the spectrum, capitalising on Milei’s setbacks.

Foreign relations & diplomacy

Milei cancels trip to Madrid far-right rally after election blow

09-09-2025 18:03 President Milei backtracks on trip to Spanish capital for far-right rally hosted by Vox in wake of election defeat.

FOREIGN POLICY & DIPLOMACY

Russia calls in Argentina’s ambassador over ‘unfounded’ espionage claims

09-09-2025 16:50 Moscow demands clarification after Bullrich accuses Russian and Venezuelan agents of illegal espionage in Argentina.

POLITICS – ANALYSIS

Milei’s ‘boss’ becomes liability after brutal loss

09-09-2025 13:44 A humiliating election defeat is forcing President Javier Milei to face up to a series of political miscalculations – chief among them, his reliance on his beloved sister.