News of javier

Trump and Argentina – Business leaders hope political affinity will pay off

Today 00:25 Despite uncertainty about the overhaul of the United States economy and its impact on domestic business, business leaders hope election of Republican leader will lead to commercial resurgence.

by Ariel Maciel

ECONOMIC REPERCUSSIONS

Dollars, IMF, cepo – Economy Ministry’s expectations after Trump triumph

Yesterday 23:59 The government is betting on ideological overlap between Milei and Trump helping Argentina to obtain the financing required to face the need for dollars.

by Ezequiel Orlando

LOCAL REACTION

Argentina’s right celebrates Trump’s victory in US election

Yesterday 15:39 Figures from Mauricio Macri’s PRO party celebrate Republican leader’s win in US presidential election as Milei government officials revel in news.

FOREIGN POLICY & DIPLOMACY

Argentina to withdraw military officers from UN’s South Lebanon mission

Yesterday 13:40 Decision, which became known during departure of ex-foreign minister Diana Mondino, underlines President Javier Milei’s alignment with the Israeli government.

LOCAL REACTION

Macri, Scioli send congratulations to victorious Trump

Yesterday 12:47 Former president Mauricio Macri and ex-Buenos Aires Province Governor Daniel Scioli send good wishes to US president-elect Donald Trump.

UNITED STATES ELECTION 2024

Milei congratulates Trump for 'formidable election victory' over Harris

Yesterday 08:15 President Javier Milei congratulates Donald Trump after the Republican leader's stunning US election victory over rival Kamala Harris.

POLITICS – ANALYSIS

Foreign Ministry set to meet chainsaw after Mondino's failure to cut costs

05-11-2024 10:32 The now former foreign minister not only displeased President Milei, she also failed to cut costs. Mondino’s lack of budget-slashing means La Libertad Avanza’s chainsaw will now descend on the Palacio San Martín.

by Juan Pablo Kavanagh

POLITICS & FOREIGN POLICY

Milei vows purge of ‘traitors’ after vote backing Cuba at UN

04-11-2024 22:16 President Milei lets rip at diplomats, promising to purge Argentina's foreign service of “ traitors to the country.”

POLITICS

New Foreign Minister Gerardo Werthein takes office, orders staff changes

04-11-2024 22:12 Gerardo Werthein, Argentina’s former ambassador to the United States, is sworn-in as nation’s top diplomat; New foreign minister replaces Diana Mondino, who was ousted last week.

UNITED STATES ELECTION 2024

Milei considering US visit in event of Trump victory

04-11-2024 16:39 President Javier Milei is betting on a Republican victory in tomorrow’s US election – and may consider a January trip to the inauguration should Donald Trump emerge victorious over Kamala Harris.

PROFILE: GERARDO WERTHEIN

New foreign minister has links, resources and Milei’s trust

04-11-2024 13:51 Businessman Gerardo Werthein has President Javier Milei’s confidence and provided resources for the La Libertad Avanza leader’s campaign, meetings to key figures and advice on foreign policy.

by Pablo Varela

UNITED STATES ELECTION 2024

Milei's affinity with Trump – what a Republican win would mean for Argentina

04-11-2024 07:48 President Milei does little to hide his support for the Republican candidate. Negotiations with the IMF and how protectionism would affect Argentina, among other key issues.

by Cecilia Degl'Innocenti

HUMAN RIGHTS

Marchers at Pride criticise Milei's 'discriminatory' laws and policies

02-11-2024 18:25 Revellers voice criticism of President Javier Milei's government as they take to the streets of the capital for the the 33rd LGBT Pride March.

Analysing Argentina

Milei’s magical thinking about a Trump victory

02-11-2024 07:38 Argentina — or Latin America, for that matter — will not be an immediate priority for any incoming US administration, though Milei may leverage his ideological rapport with a potential President Trump.

by Marcelo J. García

POLITICS – ANALYSIS

Zurdos de mierda

02-11-2024 06:52 Language is viral, particularly in hyper-connected urban societies, and is particularly sticky among the youth. Indeed, it is probably the first frontier in trying to permeate the consciousness of a population, and therefore the frontline of the culture war.

by Agustino Fontevecchia

EDITORIAL

Another one bites the dust

02-11-2024 06:50 The fiscal and macro-economic stability so obsessively sought by President Milei finds its antithesis in extreme administrative volatility, when political fragmentation could be permitting calmer waters.

COURTS

Court overturns dismissal of lawsuit over Milei journalist insults

31-10-2024 19:43 Ruling which cleared President Javier Milei of charges after he slandered Perfil co-founder Jorge Fontevecchia and accused him of being “on the take”; Judge also removes previous magistrate from case.

Tragedy in Villa Gesell

Rescuers confirm second fatality from Villa Gesell hotel collapse

31-10-2024 15:40 Second fatality recorded after 10-storey building housing hotel collapses in seaside resort of Villa Gesell; Rescue workers scramble to find missing, as fears grow for those trapped by rubble.

PROFILE: Gerardo Werthein

Werthein faces Olympian challenge grading foreign service

31-10-2024 15:13 Argentina's ambassador to the United States moves to the Palacio San Martín after President Milei ousts Diana Mondino.

FOREIGN POLICY & DIPLOMACY

Milei to 'audit' Argentina's Foreign Ministry after Cuba embargo vote

31-10-2024 14:12 Day after sacking of Foreign Minister Diana Mondino, Presidential Spokesperson Manuel Adorni says "President Milei's position is clear" and that all staff unhappy with Argentina's new direction are free to "withdraw from the government."

OPINION & ANALYSIS

Intrigue and secrecy in Mondino’s pre-trailed dismissal

31-10-2024 10:25 President Javier Milei sacks his foreign minister after Argentina’s vote at the UN against the United States’ six-decade embargo imposed against Cuba. Issuing a presidential communiqué aimed at sowing terror in the diplomatic corps, Milei is embarking on a cultural battle to shift the foreign service.

by Walter Curia

POLLING

Milei is Argentina’s most popular leader but disapproval grows

31-10-2024 09:05 About 41% have a positive image of President Javier Milei, according to a new poll, but approval has been decline as austerity measures bite.

GOVERNMENT & POLITICS

Milei sacks foreign minister after Cuba embargo vote

30-10-2024 18:11 President Javier Milei sacks Foreign Minister Diana Mondino for backing a UN vote condemning the United States' six-decade trade embargo of Cuba.

BUSINESS & INVESTMENT

Milei’s revamp offers CEOs a glimmer of optimism about Argentina

29-10-2024 11:17 Business leaders say they're feeling encouraged about Argentina for the first time in years.

Foreign relations & diplomacy

Spain names new ambassador to Argentina, five months on from Sánchez-Milei spat

29-10-2024 09:24 Spanish government appoints new ambassador to Argentina, five months on from a diplomatic crisis sparked by a war of words between Prime Minister Pedro Sánchez and President Javier Milei.

MARKETS

Argentine debt rises out of distress territory on Milei reforms

28-10-2024 11:36 Prices for some of Argentina’s sovereign notes have soared to their highest levels since they were issued in a 2020 restructuring.

POLITICS – ANALYSIS

Macri and Milei’s ‘special kind of psychology’

26-10-2024 06:01 Macri knows he’s in a position of weakness. Milei and his libertarian horde swept his electorate and forced the fracture of his Juntos por el Cambio coalition. But despite lending his votes, the former president and his team have been excluded.

by Agustino Fontevecchia

ANALYSING ARGENTINA

The Caputos spread their tentacles over the Mileis

26-10-2024 05:37 Not so long ago, two Caputos in Milei's inner circle seemed one too many. But now, Santiago and Luis Caputo are working closely in tandem.

by Marcelo J. García

Editorial

A totalitarian all or a nihilistic nothing

26-10-2024 05:27 While verbally aspiring to ending Kirchnerism, Milei is doing much to revive it with his modus operandi.

STATE SELL OFF

Government to auction off more than 400 state properties

25-10-2024 22:14 Argentina’s government will put 400 properties up for auction in a bid to raise some US$800 million. Properties are either not being used, in bad condition or have large maintenance costs for the state.

IMF PROGRAMME

IMF confirms Argentina ‘exploring’ new financing programme

25-10-2024 17:26 Argentina’s government is “exploring options” for a new financing programme with the International Monetary Fund, confirms top official.

IMF DEBT PROGRAMME

Argentina’s quest for more IMF money stalls on currency controls

25-10-2024 16:36 Argentina wants a fresh injection of money to lift controls without worrying about a currency sell-off. But the IMF doesn’t want its resources used to artificially prop up a currency, like Argentina has done so many times before.

The Week in Review

Stories that caught our eye: October 18 to 25

25-10-2024 09:24 A selection of stories that caught our eye over the last seven days in Argentina.

INTERNATIONAL ASSESSMENT

Argentina dodges FATF money-laundering ‘grey list’

24-10-2024 18:44 Financial Action Task Force money-laundering watchdog approves report on Argentina and Milei government avoids possible sanctions which might have placed investments at risk.

STATE SELL OFF

Milei’s privatisation blitz begins with state cargo rail firm

24-10-2024 07:19 This is the first privatisation in the railway sector in the Milei era. It announced the privatisation of Belgrano Cargas y Logística SA. This was announced by presidential spokesman Manuel Adorni, in statements to the press.

MALVINAS SOVEREIGNTY DISPUTE

Government seeks culprit after paper referencing 'Falklands' slights out

23-10-2024 23:28 Malvinas mishap as Defence Ministry refers to the Malvinas Islands as "Falklands" in a statement, sparking criticism from within and outside the government and a promise to fire culprit allegedly "guided by left-wing ideology."

POLITICS & ECONOMY

Argentina seeks US$2.7-billion line to cover debt maturities

23-10-2024 20:39 Argentina’s government is in talks with several banks to obtain a loan agreement of around US$2.7 billion for about three years in order to meet its principal debt obligations next January.

IMF CREDIT LINE

Caputo says Argentina in talks with IMF over new deal, fresh funds

23-10-2024 13:58 After being hailed as “finance minister of the year” by a magazine in Washington, Argentina’s Economy Minister Luis Caputo Caputo said talks with the International Monetary Fund over a new agreement that includes fresh funds are underway.

'Shock Therapy'

Clamour for pesos leads banks to tap repo market

23-10-2024 12:47 A surge in demand for local currency in recent months has left Argentina's commercial banks needing access to pesos.

FINANCE & BUSINESS

Nubank is taking new look at Argentina under Milei, CEO says

23-10-2024 12:13 Nubank “will watch” Argentina over the next 12 months, and is “taking a new look” at the country under President Javier Milei, says Chief Executive Officer David Vélez.

Economic Recovery

Top private bank Galicia expects lending business to surge

23-10-2024 11:36 Galicia, Argentina’s largest private bank, is expecting loaning business to surge in the portfolio, a sign of what some say is economic recovery in Argentina.

GUEST COLUMN

Special organic laws and presidential vetoes

23-10-2024 11:20 The total or partial veto of a law should never be used as a tool for conflict, it should only to be understood as an exceptional instrument permitting evidently unconstitutional situations in approved laws to be corrected.

by Andrés Gil Domínguez

REFUGEES

Argentina changes refugee status rules for indicted, convicted

23-10-2024 07:50 President Milei changes existing law so that Argentina will not give refuge status to people accused or convicted of crimes in other countries.

INTERVIEW

Rosendo Fraga: ‘Karina Milei has more power than the Cabinet Chief’

23-10-2024 07:04 Journalist, political analyst and historian Rosendo Fraga, recently interviewed by postgraduate students in investigative journalism at the Universidad del Sur de Buenos Aires (USBA), discusses President Javier Milei’s world view, Argentina’s new diplomatic line and the relationship with the International Monetary Fund.

G20 SUMMIT

Milei infuriates G20 by rejecting call for gender equality

22-10-2024 20:59 On Javier Milei’s instruction, Argentine negotiators refuse to sign a statement on female empowerment that had the support of all other G20 nations.

FOREIGN POLICY & DIPLOMACY

Unease among foreign service over Milei's ‘threatening’ letter

22-10-2024 17:16 President Javier Milei warns Argentina’s foreign service that anyone not committed to his anti-progressive agenda should “step aside.”

STATE SELL-OFF?

Fifty-nine state firms targeted for privatisation by Milei

22-10-2024 10:17 President Javier Milei has ordered officials to accelerate his government’s push to privatise almost 60 state firms; Team of around 30 staff members tasked with assessing the future of public companies.

POLITICS & ECONOMY

AFIP to ARCA: Milei government announces ‘dissolution’ of tax bureau

21-10-2024 17:15 Argentina’s government says it will shutter AFIP tax collection agency and replace it with ‘Agencia de Recaudación y Control Aduanero (ARCA); Move will see 34% reduction in staffing levels.

BLOOMBERG - ANALYSIS

Leftist leaders are failing their promises across Latin America

21-10-2024 14:20 The changing political landscape in Latin America, highlights the decline of leftist governments due to economic challenges, crime, and social reform failures, and the rise of more business-friendly, right-leaning administrations.