News of milei

Merval surge, peso rebound against dollar – Markets cheer Milei's midterms triumph

Today 13:08 Merval index up over 20% at the start of trading and peso appreciates 9.5% against the dollar in early trading in Buenos Aires.

ELECTION 2025: ANALYSIS

Why Argentines backed Milei in the midterm elections

Today 12:40 Javier Milei pulled off a stunning win in Sunday's midterm elections, boosting his flagging reform agenda. After two years of economic hardship, why did voters back the La Libertad Avanza leader at the polls?

WASHINGTON DELIGHT

Trump showers Milei with praise after clear midterms victory

Today 09:37 US President Donald Trump on Monday congratulated Javier Milei on his party's clear victory in midterm elections.

MIDTERM RESULTS: REACTION

Trump hails Milei’s Argentina win, says US made ‘lot of money’

Today 09:25 Donald Trump offfers congratulations to Argentina's Javier Milei, tell reporters that libertarian's "big win" is sign Washington backed the right candidate.

MARKET REACTION

Argentina bonds surge after Milei midterm win

Today 09:19 Dollar bonds soar on Milei's strong showing in midterms; Peso was already posting gains in the crypto market Sunday as the results were announced.

ELECTION 2025: ANALYSIS

Voters hand Milei belated birthday present, post-mortem for Peronism overdue

Today 00:21 Peronism’s renovation is well overdue. It seems Argentines would much rather carry on along Milei’s path of uncertainty and sacrifice than go back to reach the future.

by James Grainger

MARKETS

Argentina investors poised for rally after Milei election win

Today 00:00 Assets set for rally on Monday morning; Results should also help ease doubts on whether Argentina will continue to receive crucial support from the United States.

ELECTION 2025: ANALYSIS

Electoral blank cheque – is the worst version of Milei yet to come?

Yesterday 23:45 It was a victory that neither the polls nor the government itself predicted expected, but it carries a danger: with it. Will the President radicalise further after receiving this vote of confidence?

by Franco Lindner

Election 2025: Reaction

Milei thanks ‘10 million Argentines’ as he revels in election win

Yesterday 22:50 President thanks his team and “10 million Argentines” who voted for La Libertad Avanza and its allies in the national legislative vote.

ELECTION 2025

Decisive win for Milei’s La Libertad Avanza in key midterm election

Yesterday 22:12 Milei's La Libertad Avanza (LLA) rebounded from a series of setbacks to perform well in Sunday's midterm elections.

Election results

Milei’s party wins Argentina midterm vote in major comeback

Yesterday 21:59 Milei’s party, La Libertad Avanza, received 41 percent of votes with 92 percent of ballots counted, according to data published by Interior Minister Guillermo Francos on Sunday.

Election 2025 results

President Javier Milei emerges strengthened from midterm election

Yesterday 21:00 Partial results show Milei’s party performing strongly in Córdoba, Mendoza, Entre Ríos and Buenos Aires City; La Libertad Avanza posts improved numbers in Buenos Aires Province.

ELECTIONS 2025

Polling stations close in key midterm elections that will define Milei's future

Yesterday 18:12 Polling stations close across country as waiting game for government – and markets – begins; Electoral authorities project lower than average turnout.

ELECTIONS 2025

Argentines cast ballots in make-or-break midterm for Milei

Yesterday 15:14 Argentina is voting Sunday in a midterm election that will serve as a crucial referendum on President Javier Milei’s ambitious austerity policies.

ELECTIONS 2025: LIVE BLOG

Election 2025 live blog: Milei celebrates strong performance in midterms

Yesterday 08:00 Triumph for President Javier Milei's La Libertad Avanza in midterm elections; Share of national vote for deputies stands at more than 40% with 90% of ballots counted.

ELECTIONS 2025

Make or break for Milei as nation votes in key midterm election

Yesterday 00:01 Argentines will vote to renew half the 257-member Chamber of Deputies and a third of 72 senators; Peronism has around half of its seats up for renewal, while the ruling party’s alliance with PRO risks around 30%.

US BAILOUT OF ARGENTINA

Bessent’s intervention in Argentine peso soars past US$1 billion

25-10-2025 16:10 The US spent an amount well in excess of US$1 billion this month acquiring Argentine pesos, according to market estimates.

COST OF POWER

Milei spent around US$7.4bn protecting dollar pre-election

25-10-2025 16:03 Sunday’s legislative elections come at a historic cost: President Milei’s government has used around US$7.4 billion – a figure that could rise to US$8.4 billion, including funds from US Treasury are included – to keep the peso-dollar exchange rate stable over the two months leading up to the vote. According to Banco Provincia, it is the fourth-largest foreign exchange intervention since 2003.

by Carlos Burgueño

NEW FOREIGN MINISTER

From crisis to relaunch: Quirno’s in-tray at Foreign Ministry

25-10-2025 10:03 Beyond economic matters, Pablo Quirno’s Foreign Ministry will focus on promoting abroad the core elements of Milei’s “cultural battle,” a push launched the moment the head of state took office.

by Juan Pablo Kavanagh

ELECTIONS 2025

Sunday's midterm elections – five things to know

25-10-2025 08:31 President Javier Milei faces midterm elections on Sunday, in which voters will determine if his sweeping reform push and budget-slashing cuts will continue in his remaining two years in office.

Analysing Argentina

The midterms are over – can Milei reinvent himself?

25-10-2025 06:17 For more than a year, Milei invested too much energy and resources in an election that was not structurally designed to change much of his future. He only seems to have come to understand that in recent weeks, when it became clear that La Libertad Avanza will not turn into a hegemonic force overnight.

by Marcelo J. García

ELECTIONS 2025: ANALYSIS

Milei, the two Caputos and the two anchors

25-10-2025 06:08 Milei and the two Caputos have the path laid out for them. The “two anchors” that will give them a future are tied to applying the necessary adaptations to the economic policy plan and creating the conditions for circumstantial legislative majorities. This situation appears possible under any electoral scenario, even a potent Peronist victory.

by Agustino Fontevecchia

CAMPAIGN COMMENTS

151 shades of grey

25-10-2025 05:58 Voters are being asked to select not the next president but 127 deputies and 24 senators for which 217 lists are contending in the 23 provinces and this City with a total 1,648 candidates. The multiplicity of combinations arising from these numbers points to an infinity of results, each one of which would make the parliamentary negotiations lying ahead slightly different with no chance of any overall majority – 151 shades of grey.

by Michael Soltys

Editorial

Tomorrow never knows

25-10-2025 05:55 While the markets vote every day, the ordinary citizen should make the most of their one moment when they are sovereigns with everybody awaiting their decision.

MARKETS

Wall Street is wary of being burned by the ‘Milei trade’ again

24-10-2025 15:22 Global investors engaged in the "Milei trade" are bracing for another potential hit in the wake of this Sunday's legislative elections.

ELECTIONS 2025

Milei promises 'Argentina will change' after midterms at rally

24-10-2025 01:10 Sunday's elections will determine whether Milei, whose party is in the minority, will wield more power in Congress in the second half of his term.

cryptocurrencies

Why Argentines are turning to crypto in the latest peso crisis

23-10-2025 19:26 As President Javier Milei tightens currency controls, Argentines are turning to cryptocurrencies to protect their savings.

BANKING & FINANCE

Milei to meet Dimon, speak to CEOs two days before key election

23-10-2025 18:23 President Javier Milei will meet with Jamie Dimon during the JPMorgan Chase & Co chief executive’s visit to Buenos Aires this week.

Cabinet changes

Milei names finance secretary Pablo Quirno as Argentina’s new foreign minister

23-10-2025 14:49 President Milei’s reshuffle gets underway early; Finance secretary and former JP Morgan executive Pablo Quirno, a close ally of Economy Minister Luis Caputo, named Argentina’s top diplomat following resignation of Gerardo Werthein.

ELECTION 2025: ANALYSIS

Guillermo Oliveto: Milei’s austerity has created a ‘dual society’

23-10-2025 12:34 Voters are asking themselves “for what purpose and for how long” they should tolerate President Javier Milei’s austerity plan, says economist.

Cabinet changes

Justice Minister Mariano Cúneo Libarona to quit Milei’s Cabinet after election

23-10-2025 11:04 Official will leave his post after Sunday’s elections, according to government sources; Pending departure will follow Foreign Minister Gerardo Werthein’s decision to step down ahead of wider reshuffle.

POVERTY IN ARGENTINA

Argentines hawk belongings in struggle to make ends meet

23-10-2025 01:25 Some 40% of Argentina's income earners work in the informal sector with no social benefits – and many hold several jobs at once.

US POLITICS

Bessent brands Warren a ‘Peronist’ after Argentina criticism

22-10-2025 23:51 Tussle between Donald Trump administration and Democratic opposition unfolds during partial shutdown of US government.

POLITICS: MIDTERMS 2025

Caputo: Midterms are 'more important than 2027 presidential vote'

22-10-2025 23:44 Economy Minister Luis Caputo says current exchange rate regime “will remain exactly the same” in an attempt to dispel fears of an imminent post-election peso devaluation.

ECONOMIC INDICATORS

Economy posts slight growth ahead of midterm vote

22-10-2025 18:30 Economic activity grew 0.3% in August from the preceding month; Up 2.4% year-on-year.

Funds and bonds

Bessent steps in to protect profits of friendly investors in Argentina

22-10-2025 17:03 US Treasury Secretary Scott Bessent comes to the rescue of hedge funds including BlackRock, Fidelity, Pimco and Discovery Capital Management, all of which bought Argentine bonds. Several fund managers share a professional past with the US official.

POLITICS

Cabinet reshuffle: Who will head Milei’s ministries going forward?

22-10-2025 15:05 One by one, the post-election changes President Milei is preparing for his Cabinet; Among the names being discussed are Santiago Caputo, Patricia Bullrich, Luis Petri, Guillermo Francos and more.

by Alejandro Gomel

argentina

A map at stake: Unity for La Libertad Avanza versus fragmented Peronism

22-10-2025 14:16 Karina Milei managed to make the purple party the only one running in all 24 electoral districts, even at the cost of arm-wrestling with allies and governors. The dispersion of Peronism has sent alarm-bells ringing – election night will open up a combat over the vote count.

by Rosario Ayerdi

ELECTION 2025

Electoral authorities say midterm results must be released by district

22-10-2025 13:37 Milei’s government bid to have results combined in a national count shot down; National Electoral Appeals Court has rules that provisional count should be province by province.

CURRENCY TURBULENCE

Peso breaks losing streak amid FX intervention

22-10-2025 13:11 Argentina's peso strengthened, snapping a five-day losing streak amid continued market intervention by both the local and US governments.

Cabinet changes

Foreign Minister Gerardo Werthein presents resignation to President Milei

22-10-2025 12:06 Foreign Minister Gerardo Werthein has submitted his resignation to President Javier Milei, according to government sources; Decision follows days of speculation over his future and likely appointment of presidential advisor Santiago Caputo to Cabinet.

CURRENCY WOES

Central Bank again intervenes to halt run on peso

21-10-2025 21:38 Central Bank said Tuesday it had sold US$45.5 million on the foreign exchange market to try and halt a run on the peso ahead of Sunday's midterms.

US-ARGENTINA BAILOUT

Bessent’s plan runs short on time to line up Argentina financing

21-10-2025 21:33 US Treasury has been floating a US$20-billion financing deal involving banks, but key details such as the debt’s terms, structure and collateral remain unaddressed.

CURRENCY WOES

US Treasury sells dollars to keep peso within Argentina FX band

21-10-2025 16:41 US Treasury’s efforts to shore up Argentina’s currency are part of a broader effort to stabilise the economy before President Javier Milei’s party faces midterm elections.

POLITICS & FOREIGN POLICY

Viceroy Bennett and US intervention in Argentina

21-10-2025 15:58 Lobbyist hired by the SIDE intelligence services became executor of Trump’s will in Argentina. Secret meetings, legal troubles and his partnership with businessman Leonardo Scatturice.

by Rodis Recalt

ELECTIONS 2025

Milei flees Buenos Aires Province campaign, leaving Santilli solo

21-10-2025 09:27 Polls show La Libertad Avanza narrowing the gap but still trailing Peronism, prompting the President to abandon campaigning in nation's most populous district and shift attention to Córdoba and Rosario.

POLITICS

Milei to reshuffle Cabinet post midterm election, says report

21-10-2025 08:38 President Milei is expected to reshuffle his cabinet after Sunday's midterm elections, 'Clarín' reported Monday.

ECONOMY – ANALYSIS

US backing won’t save Argentina without policy shift, economists warn

20-10-2025 22:58 Financial support from the United States government won’t be sufficient alone for Argentina, warn experts; Milei administration must change monetary policy if it is to stabilise finances long-term, they believe.

by Santiago del Carril