THE WEEK IN REVIEW Stories that caught our eye: September 12 to 19 Yesterday 17:26 A selection of the stories that caught our eye over the last seven days in Argentina.
death of diego maradona Court seizes assets of Maradona's lawyer, sisters in fraud case Yesterday 00:24 An appellate court in Buenos Aires indicts Maradona's former lawyer, Matías Morla, and two of his assistants for suspected fraudulent handling of the player's assets; Two of the ex-footballer's sisters – Rita and Claudia – and a notary were also prosecuted as accomplices.
POLITICS & CONGRESS Triple setback for Milei as Congress rejects vetoes Yesterday 00:21 Ruling party’s weakness in both chambers on full display; Overwhelmingly majority of senators reject striking down of ATN Treasury contributions bill, day after lower house lawmakers reversed vetoes on paediatric emergency and state universities.
FOOTBALL IN ARGENTINA On and off pitch woes for two of Argentina’s Grandes 18-09-2025 17:27 The future looks bleak for San Lorenzo and Independiente without serious changes in their fortunes and, above all, administration. by Dan Edwards
INTERVENTION Central Bank steps up defence of peso as assets slide 18-09-2025 16:55 Thursday’s intervention is estimated by traders to be close US$350 million, the people said, compared to US$53 million sold the day before.
JOBS & EMPLOYMENT Unemployment falls in reprieve for economy and Milei 18-09-2025 16:50 Joblessness in Argentina’s formal labour market cooled to 7.6% in the April-June period from 7.9% in the previous quarter, according to government data.
ANALYSIS: SHOCK THERAPY Argentina’s brokers see their losses mount as Milei bet fades 18-09-2025 15:33 Economic woes are deflating hopes for a boom in Argentina’s capital markets, weighing on small brokerage firms that had bet on a revival.
NATIONAL TEAM STAR Report: Messi, Inter Miami agree to extend contract beyond 2026 18-09-2025 08:09 Argentine superstar's contract with MLS side Inter Miami will be extended beyond next year's World Cup, according to a source close to the matter.
CORRUPTION & THE COURTS 'Cuadernos' of corruption: A look at the entrepreneurs in the dock 18-09-2025 07:42 A couple of months away from the start of Argentina’s biggest-ever corruption trial, the “Cuadernos de las Coimas” case currently involves 74 defendants and 626 witnesses.
CURRENCY WOES Central Bank defends peso as Milei faces setbacks 17-09-2025 23:37 Central Bank steps into market to prop up the peso – first time it has since Milei administration introduced trading band in April.
ECONOMIC INDICATORS Economy dipped in second quarter, cutting rebound short 17-09-2025 22:57 Economists forecast revised growth for the year at 4.4%, according to the Central Bank’s most recent survey.
MARCHA FEDERAL PROTEST Protesters cheer Milei veto defeat at Marcha Federal for universities, paediatric care 17-09-2025 20:38 Thousands rally outside Congress as lawmakers in lower house vote to reject vetoes on bills to boost funding for public universities and Argentina’s leading children’s hospital, a major blow for President Javier Milei.
POLITICS & CONGRESS Fresh setback for Milei as Congress overturns two presidential vetoes 17-09-2025 19:27 Opposition secures two-thirds majority to reverse Milei’s presidential vetoes on laws declaring paediatric emergency for (181–60) and boosting funding for state universities (174–67).
OIL & GAS Vaca Muerta producing three times as much gas as Bolivia 17-09-2025 17:54 Massive shale formation, based mostly in Neuquén, now producing nearly 91 cubic metres of natural gas per day – three times as much as neighbouring Bolivia. Change reflects the loss of reserves to the north and the consolidation of Argentina as a new regional player in market. by Alan Ares
CORRUPTION & THE COURTS Over 600 contracts between ANDIS and Suizo Argentina under investigation 17-09-2025 17:26 Probe has already uncovered "irregularities" with contracts, including "overpricing" and "steering" in contracts, according to reports.
CORRUPTION & THE COURTS Defendants offer millions to avoid trial in ‘Cuadernos’ graft case 17-09-2025 16:44 Business leaders offer more than US$1 billion in cash, properties and other items to avoid standing trial but run into resistance from lead prosecutor; Mega-corruption trial probing alleged bribery and kickbacks at Federal Planning Ministry under Kirchner governments due to kick off November 6.
POLLING & SURVEYS Milei’s disapproval rating hits new high as midterm lead shrinks 17-09-2025 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 17-09-2025 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 17-09-2025 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 17-09-2025 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 16-09-2025 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.
PRIVATISATION PLAN Milei moves forward with part-privatisation of Nucleoeléctrica Argentina 16-09-2025 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 16-09-2025 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 16-09-2025 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 16-09-2025 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 16-09-2025 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 16-09-2025 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 16-09-2025 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.
BUSINESS & FINANCE Meet the man who wants to run Latin America's most valuable company like a start-up 15-09-2025 10:29 Who is MercadoLibre's new CEO, the man who wants to run Latin America's most valuable company like a start-up? Ariel Szarfsztejn is inheriting the mantle of the e-commerce and fintech giant from Marcos Galperin at a time of mounting competition and talent constraints.
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.
MARADONA DEATH TRIAL Judge responsible for scrapped Maradona trial indicted for bribery, abuse of authority 12-09-2025 12:00 Prosecutors claim they are sufficient elements to charge the judge with said crimes.
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
POLITICS & CONGRESS Milei issues flurry of vetoes, ramps up conflict with health, education sectors 11-09-2025 21:23 President vetoes in full bill proposing new funding for state universities, pay rises for teaching and non-academic staff, as well as a total veto for declaring a state of paediatric emergency centred on the Garrahan Children’s Hospital.
OIL & GAS Argentina shale can resist political risk, Milei oil chief says 11-09-2025 19:37 Argentina’s plans to lure investors to finance shale oil and gas infrastructure can withstand short-term political risk, according energy chief, Daniel González.
CRIME & SECURITY Teenager disarmed after firing gunshots at Mendoza Province school 11-09-2025 17:58 According to reports in local press outlets, the teenager had barricaded herself inside the Escuela 4-042 Marcelino H. Blanco in the city of La Paz, Mendoza Province, early in the morning.
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.
economic indicators Boost for Milei as August inflation stays below monthly 2% 10-09-2025 16:42 Consumer prices rose 1.9% last month, the same amount as in July; Inflation over last year totals 33.6%, with prices up 19.5% in first eight months of the year.
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.
WORLD SUICIDE PREVENTION DAY Concern over suicide increase among young people aged 15 to 29 10-09-2025 12:44 World Health Organization (WHO) estimates that more than 720,000 suicides occur globally each year. For every death by suicide, there may be up to 40 attempts. In Argentina, records show that teenagers and young adults are the most affected. by Enrique Garabetyan
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.
