News of argentina

A man holds a sign that reads 'Milei swindler. No to the IMF' during a protest of pensioners and union members against the government of Argentina's President Javier Milei in front of the National Congress in Buenos Aires on April 9, 2025

Another IMF loan: for Argentina, it’s Groundhog Day

Today 15:24 Generations of Argentines feel their country is trapped in a recurring cycle: yet another loan from the International Monetary Fund to rescue a volatile economy.

POLITICS – ANALYSIS

Milei gains 'breathing room' from his ties with Trump

Today 11:54 The support President Milei has garnered from the Trump administration stands in stark contrast to the mounting challenges on the home front.

by Pablo Varela

A woman holds her phone next to posters plastered by political organisation La Cámpora reading 'IMF never again' on a construction site in Buenos Aires on April 11, 2025.

IMF DEBT PROGRAMME

Argentina and the International Monetary Fund: A long, tricky history

Today 09:29 Argentina, which has a track record of economic crises and hyperinflation, is already the IMF's biggest debtor, ahead even of war-torn Ukraine.

Football

Gallardo remains untouchable, but questions should be asked

Today 07:12 Almost a year after his triumphal return to the Monumental, Gallardo and River Plate cannot help but be concerned at how the team is performing.

by Dan Edwards

Milei and Argentina caught in Trump's trade war with China.

Global politics – Analysis

Trump, Milei and how to lose the trust of markets and voters

Today 05:37 Trump stepped back from the edge, at least momentarily, even though he is keeping his finger on the trigger.

by Agustino Fontevecchia

Analysing Argentina

Careful Javier, the ‘caste’ smells blood

Today 05:29 Legislators who had until now been cooperative or aloof toward confrontation with Milei are changing their tune, in line with what they hear from their constituencies.

by Marcelo J. García

Campaign comments

And so it begins

Today 05:22 This year’s midterm voting begins tomorrow in the major province of Santa Fe with the constituent assembly elections.

by Michael Soltys

Editorial

Into More Frustrations

Today 05:06 A Ruby Tuesday for President Javier Milei while the world at large is in an acute age of uncertainty thanks to Donald Trump’s tariff onslaught.

POLITICS – ANALYSIS

Milei launches new economic phase, with nod to middle class

Yesterday 23:56 Casa Rosada expresses satisfaction as alignment with Trump bears fruit and secures an unprecedented initial disbursement from the International Monetary Fund.

Argentina's President Javier Milei announces the new agreement with the IMF (International Monetary Fund) surrounded by his Cabinet.

ECONOMIC CHANGES

Milei ends 'cepo' as IMF board approves US$20-billion bailout

Yesterday 23:32 Milei declares "cepo is gone for good" as IMF unlocks US$12 billion in immediate funding and Argentina lifts capital controls in 48-month US$20-billion programme.

Javier Milei’s government is devaluing the Argentine peso by one percent each month using what’s known as a crawling peg.

END OF CURRENCY CONTROLS

New peso-greenback currency band could mean 23% devaluation

Yesterday 19:09 Argentina has announced the introduction of a new exchange rate band for the peso, ranging from 1,000 to 1,400 per US dollar, following the removal of currency controls next week.

Argentina’s Economy Minister Luis Caputo arrives at the Casa Rosada Presidential Palace in Buenos Aires on April 11, 2025.

FIN DE CEPO?

Caputo announces new IMF deal, end to exchange controls

Yesterday 18:45 President Javier Milei's government announces elimination of foreign exchange controls ahead of confirmation of new US$20-billion IMF programme.

The Central Bank of Argentina in Buenos Aires.

ECONOMY – ANALYSIS

Argentina lands US$20-billion IMF agreement and eases FX rules

Yesterday 18:30 Central Bank says it will let peso trade within a range of 1,000 pesos to 1,4000 pesos per dollar in what’s called a dirty or managed float.

Economy Minister Luis Caputo and Central Bank Governor Santiago Bausili prepare for a press conference.

ECONOMY & POLITICS

'Fin de cepo': Argentina overhauls exchange rate access

Yesterday 18:27 President Javier Milei’s government to lift capital and currency controls as of Monday, with exchange rate of between 1,000 and 1,4,00 per greenback; ‘Phase Three’ of economic programme will see monthly cap lifted for individuals and firms.

Argentina’s Central Bank in Buenos Aires.

CURRENCY WARS

Argentina's Central Bank sells up to US$400 million to defend peso

Yesterday 17:32 Argentina's Central Bank sold as much as US$400 million to defend the peso on Friday – the most in a day since mid-March.

MERCOSUR SUMMIT

Mercosur to expand common tariff exemptions as trade war rages

Yesterday 17:30 Mercosur countries have decided to relax common external tariffs on 50 products of the choice of each of its members, giving them more flexibility to negotiate deals.

A supermarket in Buenos Aires, Argentina, on Tuesday, February 13, 2024. P

ECONOMY – ANALYSIS

Argentina inflation picks up more than expected before IMF deal

Yesterday 17:28 President Javier Milei said recently he only expects inflation to fall below two percent in May or June, blaming the sticky inflation on political volatility.

Ca7riel and Paco Amoroso perform on Jimmy Fallon’s 'The Tonight Show'.

THE WEEK IN REVIEW

Stories that caught our eye: April 4 to 11

Yesterday 16:56 A selection of the stories that caught our eye over the last seven days in Argentina and beyond.

A woman looks at prices in a supermarket in Buenos Aires.

ECONOMIC INDICATORS

INDEC reveals uptick in inflation: Prices up 3.7% in March

Yesterday 16:25 Inflation soared in March, accelerating to 3.7% – a second straight monthly rise; Consumer prices up 55.9% over the past 12 months, by 8.6% so far this year.

EU-MERCOSUR TRADE DEAL

Trump’s tariffs may speed EU–Mercosur deal, says Orsi

Yesterday 10:09 Uruguay’s president sees US protectionism pushing Europe to compromise on stalled trade pact

ITALIAN PROBE

Di María, Paredes under investigation for illegal betting in Italy

Yesterday 09:55 World Cup-winning national team stars Leandro Paredes and Ángel Di María among dozen footballers suspected of using clandestine platforms to bet on poker and other sports.

Fernando Burlando, lawyer for Dalma and Gianinna Maradona, daughters of Diego Maradona, speaks with the press as he arrives at the San Isidro court to attend the trial for the death of Maradona in San Isidro, Buenos Aires Province, Argentina on April 3, 2025.

DEATH OF DIEGO MARADONA

‘I’m not well,’ Maradona told a doctor, weeks before death

Yesterday 09:38 Doctor Flavio Tunessi said the late footballing icon had told him "I’m not well," a few weeks before star's death.

GLOBAL TRADE WAR

Trump stuns with tariff backtrack

10-04-2025 19:26 US President Donald Trump upends global markets and trade by U-turning on proposed tariffs; Benefit for Argentina is only temporarily, unless new deal reached.

ENERGY & GAS

Vaca Muerta shale patch a sure thing even at $45 oil, YPF says

10-04-2025 18:16 Falling oil prices won’t derail Argentina’s burgeoning shale boom unless they plunge below US$45 a barrel, says chief executive of state-run YPF SA.

US Treasury Secretary Scott Bessent looks on as US President Donald Trump signs executive orders in the Oval Office of the White House on April 09, 2025 in Washington, DC.

US-ARGENTINA RELATIONS

US Treasury secretary offers 'full support' to Milei ahead of visit

10-04-2025 17:26 In a show of support for President Javier Milei's "bold economic reforms," US Treasury Secretary Scott Bessent will travel to Buenos Aires next week for meetings with government officials and business leaders.

The People’s Bank of China building in Beijing.

CURRENCY SWAP

Argentina renews part of China swap ahead of Bessent visit

10-04-2025 17:13 Argentina renews a portion of its US$18-billion currency swap line with China; Activated part being extended for another 12 months amounts to US$5 billion.

Mia Mottley, Michelle Bachelet, Rebeca Grynspan,, Juan Manuel Santos.

FUTURE OF UNITED NATIONS

Four Latin Americans who could become the UN’s next leader

10-04-2025 15:57 Latin American and Caribbean nations will seek to unite behind a single candidate in the contest to lead the United Nations, a move that see the first-ever female secretary-general.

A banner calling for the strike remains taped to a window of a National Administration of Social Security (ANSES) office at Constitution train station during a 24-hour strike called by workers' unions against the economic policies of President Javier Milei in Buenos Aires on April 10, 2025. The 24-hour general strike started at midnight as President Javier Milei awaits news on a fresh IMF loan.

POLITICS & LABOUR

Government brushes off general strike as workers walk off job

10-04-2025 15:27 Public-sector workers fail to turn up, complying with CGT-led call for third strike of Milei Presidency; Many shops remained open and public transport still an option with buses running nationwide;

Argentina's President Javier Milei, Uruguay's President Luis Lacalle Pou, European Commission President Ursula von der Leyen, Brazil's President Luiz Inácio Lula da Silva and Paraguay's President Santiago Peña pose for the family picture of the LXV Mercosur Summit in Montevideo on December 6, 2024.

EU-MERCOSUR TRADE DEAL

EU offers timeline for final Mercosur deal proposal

10-04-2025 14:28 Top EU spokesperson says he wants to present a proposal for sweeping free-trade agreement before “end of summer,” with legal review ongoing.

President Javier Milei and Chinese Premier Xi Jinping.

ECONOMY – ANALYSIS

IMF deal fine print could disrupt China swap renewal

10-04-2025 05:36 In June, the grace period China granted Javier Milei expires. Washington is already pressuring Buenos Aires over the currency swap, with US$6.5 billion remaining frozen.

by Eugenia Muzio

Paraguay's President Santiago Peña and Argentina's President Javier Milei hug during a joint press conference following a meeting at the Palacio de Lopez government palace in Asunción on April 9, 2025.

Foreign policy & diplomacy

Milei hails shared values during talks with Paraguay’s Peña

09-04-2025 21:32 President met up with his Paraguayan counterpart, holding various meetings in Asunción during brief overseas trip.

BLOOMBERG - ANALYSIS

Milei needs rush of soy dollars to calm peso sell-off in Argentina

09-04-2025 17:42 Like his predecessors, President Javier Milei is depending on the soy harvest to manage one of the word’s most volatile currencies.

General view during the IX Latin American and Caribbean States (CELAC) Summit, at the Central Bank of Honduras (BCH) in Tegucigalpa on April 9, 2025. A dozen Latin American and Caribbean presidents, including those of Brazil, Colombia, and Mexico, will meet during the 33-nation CELAC summit, in the midst of US President Donald Trump's trade war.

TRUMP'S TARIFF WAR

Strength in numbers: Latin America urges unity in face of Trump tariffs

09-04-2025 17:38 Latin American leaders at CELAC summit in Honduras call for a united front to tackle US President Donald Trump's tariff onslaught.

President JAvier Milei and Mercado Libre founder Marcos Galperin.

BUSINESS & INVESTMENT

Mercado Libre to invest US$2.6 billion in Argentina this year

09-04-2025 17:31 US$2.6-billion investment marks a 53% increase on last year’s figure and forms part of a wider regional expansion drive.

This aerial view shows a protest of pensioners and union members against the government of Argentina's President Javier Milei in front of the National Congress in Buenos Aires on April 9, 2025.

POLITICS & LABOUR

Milei faces third general strike in Argentina with IMF deal pending

09-04-2025 16:30 Argentina braces for general strike as Milei administration awaits confirmation of new IMF loan programme.

POLITICS – ANALYSIS

Axel advances elections, disobeying CFK – has a new Peronist leader been born?

09-04-2025 14:42 As in any risky play, the decision has an effect of uncertainty and could expose the governor to undesired consequences.

Buenos Aires Province Governor Axel Kicillof.

ELECTIONS 2025

Kicillof defies Fernández de Kirchner, decouples provincial election

09-04-2025 14:31 Partido Justicialista chair Cristina Fernández de Kirchner wanted Buenos Aires Province governor to schedule region’s elections for the same date as the national vote, but Axel Kicillof decides to break.

Verónica Ojeda, ex-wife of Diego Maradona and mother of Diego Fernando Maradona, arrives to attend the trial for Maradona's death at San Isidro court, in San Isidro, Buenos Aires province, Argentina on April 3, 2025.

DEATH OF DIEGO MARADONA

Maradona was ‘held like a hostage’ before death, says ex-partner

09-04-2025 12:57 Diego Maradona was “held like a hostage” and living in squalid conditions in the final weeks of his life, his former partner Verónica Ojeda tells court.

TRADE TALKS

Argentina in talks with US to cut tariffs, says Trump official

09-04-2025 11:40 US Trade Representative Jamieson Greer says Argentina and others may ease trade restrictions to align with Trump’s policy.

Human rights

Forensic experts identify remains of law student who disappeared in 1977

09-04-2025 11:13 Activist and law student Virginia Beatriz Tempone, 21, was abducted and forcibly disappeared in Mar del Plata in 1977 during the dictatorship’s time in power.

Javier Milei, Argentina’s president, on February 22, 2025.

NEW IMF PROGRAMME

Milei nears US$20-billion Argentina loan as IMF staff sign off

09-04-2025 08:49 Members of the Washington-based lender’s executive board are expected to vote on the agreement Friday.

President Javier Milei with the managing director of the International Monetary Fund (IMF), Kristalina Georgieva.

NEW IMF PROGRAMME

IMF confirms preliminary agreement with Argentina for US$20-billion loan

09-04-2025 08:33 Multilateral lender says it has reached a staff-level agreement with President Milei's government on a new 48-month US$20-billion programme, subject to approval by executive board.

Session in the lower house Chamber of Deputies.

POLITICS & CONGRESS

Lower house approves probe into Milei-$LIBRA crypto scandal

08-04-2025 19:30 Lawmakers vote to summon key ministers as fallout grows over so-called ‘Cryptogate’ scandal.

A member of Argentine Special Forces stands guard next to a wall with signs reading 'Justice for God' near the San Isidro court prior to the start of a trial hearing for the death of late Argentine football legend Diego Maradona in San Isidro, Buenos Aires province, on April 3, 2025.

DEATH OF DIEGO MARADONA

Maradona's former doctor bemoans 'neglect of care' before star's death

08-04-2025 17:19 Dr Mario Schiter, Diego Maradona's former doctor, says there was a "neglect of care" in late star's medical treatment in the period leading up to his death.

Javier Milei speaks in National Harbor, Maryland on February 22, 2025.

GEOPOLITICAL ROW

Milei caught in Trump-China spat over US$18-billion FX swap line

08-04-2025 16:47 Javier Milei is caught between US President Donald Trump and China’s communist government.

Ricardo Darín as Juan Salvo in new Netflix series 'El Eternauta.'

TV & STREAMING

‘El Eternauta’: Secrets behind Argentina’s most long-awaited adaptation

08-04-2025 14:58 Eagerly awaited adaptation of Héctor Germán Oesterheld and Francisco Solano López’s classic comic 'El Eternauta' débuts on Netflix on April 30. A look behind-the-scenes of the new series starring Ricardo Darín.

by Juan Manuel Dominguez

The Orquesta Aeropuertos Argentina marks its 10th anniversary with a concert at the Teatro Colón.

ART & CULTURE

Youthful promise overflows at Teatro Colón

08-04-2025 12:34 Precocious talent on full display at Teatro Colón as Orquesta Aeropuertos Argentina celebrates its 10-year anniversary in style.

by Michael Soltys

Cristina Fernandez de Kirchner’s supporters rally near the former Public Works Ministry in Buenos Aires, which displays a façade featuring a huge image of Eva Perón.

BLOOMBERG - FEATURE

Milei tries erasing Argentina’s history to lure foreign investment

08-04-2025 09:04 Argentina’s president is desperate to woo foreign investors. But he's had more success tearing down physical symbols of the old guard than untangling the web of red tape it left behind.

The four members of Argentina’s Supreme Court: Horacio Rosatti, Manuel García-Mansilla, Carlos Rosenkrantz and Ricardo Lorenzetti.

COURTS

García-Mansilla resigns from Supreme Court after Senate rejection

07-04-2025 12:40 Four days after the upper house voted against his nomination by large majority, Manuel García-Mansilla, the Supreme Court justice imposed by President Milei by decree, resigns his bench on the nation's highest court.

What's at stake in a US$20,000-steaks case.

OPINION & ANALYSIS

Milei's private dinners, cash and political transparency

07-04-2025 11:09 What's at stake in a US$20,000-steaks case...

POLITICS: MIDTERMS 2025

Milei’s worst week yet complicates La Libertad Avanza’s campaign

07-04-2025 10:17 Preoccupied by other pressing matters, La Libertad Avanza’s campaign for the upcoming elections is set to kick off with the “chainsaw tour,” which Manuel Adorni front and centre.

by Pablo Varela

Delfina and Pilar Hecker, victims of the tragic Bahía Blanca flooding.

TRAGEDY IN BAHÍA BLANCA

Body of one of two girls missing since Bahía Blanca floods found

06-04-2025 16:08 Police report discovery of corpse of Pilar Hecker, one of the young girls who went missing during the storm in Bahía Blanca, has been found.

This photo taken and handout on April 4, 2025 by The Vatican Media shows Pope Francis during a surprise appearance at the end of a mass for the sick and healthcare workers as part of the Jubilee Year in The Vatican.

CATHOLIC CHURCH

Recovering Pope Francis surprises crowd at Vatican square

06-04-2025 09:33 Argentine pontiff makes surprise Sunday public appearance as he mingled with crowds at the Vatican.

Election time: Milei with Trump's support.

BEYOND THE HEADLINES

Midterms North and South

05-04-2025 06:48 Midterm results have tended to be adverse in both the United States and Argentina, from a government standpoint. In the former, a mere two of those 10 contests have gone the way of the presidential party – in the latter, the margin is narrower.

by Michael Soltys

Editorial

A double date

05-04-2025 06:36 Milei has yet to realise (or admit, if he does realise) that Trump is taking the United States into precisely the same direction from which he himself is struggling to pull out Argentina.

Julio Glinternick Bitelli, Brazil's Ambassador to Argentina.

Interview

Brazilian ambassador: Lula-Milei differences have 'minimal effect on bilateral relations’

05-04-2025 06:34 Brazil’s Ambassador to Argentina on managing bilateral relations, despite the enmity between Javier Milei and Luiz Inácio Lula da Silva. Julio Bitelli on Jair Bolsonaro’s trial, the Malvinas issue, the flirtation between Argentina and the United States, the trade imbalance and the importance of Vaca Muerta.

by Cecilia Degl'Innocenti

President Javier Milei and his libertarian crew.

As I see it

Sailing blithely into the maelstrom

05-04-2025 06:15 Like Donald Trump with his error-prone minions, Javier Milei is accompanied by an entourage which includes far too many individuals who are unsuited for high office.

by James Neilson

Analysing Argentina

Can Cristina Fernández de Kirchner be the next Donald Trump?

05-04-2025 06:13 It is difficult to imagine a Fernández de Kirchner comeback à la Trump. Or rather, her comeback has already happened, no matter how much she denies it

by Marcelo J. García

POLITICS & ECONOMY – ANALYSIS

Milei: a tourist in Mar-a-Lago

05-04-2025 06:10 As Donald Trump rattles up the world with his tariffs, things are heating up domestically for President Javier Milei.

by Agustino Fontevecchia

A broker looks at a screen at the Buenos Aires Stock Exchange in the financial district of Buenos Aires.

MARKETS

Argentina stocks in freefall over Trump tariffs

04-04-2025 20:22 Argentine stocks took a battering Friday, falling more than 7% in response to US President Donald Trump's reciprocal tariffs list

Argentina wants a large portion of its new US$20-billion programme with the International Monetary Fund to be paid out immediately.

IMF PROGRAMME

IMF met again on Argentina as upfront payment proves contentious

04-04-2025 19:30 There is still no consensus among board members on the size of the upfront payment to Argentina, according to reports.

the week in review

Stories that caught our eye: March 29 to April 3

04-04-2025 17:00 A selection of stories that caught our eye over the last seven days in Argentina.

elections 2025

City midterms: Tensions on right, but PRO vows clean fight

04-04-2025 14:52 Presidential Spokesperson Manuel Adorni, who will run for the City legislature this May, promises to take up his seat if elected.

School shooting plot uncovered by parents.

CRIME & SECURITY

‘I have the weapons’ – Parents alert police to teens’ school shooting plan

04-04-2025 14:39 Group of teens discussed carrying out an armed attack on their school in Ingeniero Maschwitz; Parents alerted police after discovering WhatsApp messages detailing the plan.

Javier Milei receives the Lion of Liberty award.

MILEI IN AMERICA

Milei says he will change Argentina’s laws to mitigate Trump's tariffs

04-04-2025 13:19 Argentina's President Javier Milei says he will not retaliate against US President Donald Trump's "reciprocal tariffs" and will ensure his nation's exports meet requirements.

President Javier Milei and US President Donald Trump.

MILEI IN AMERICA

Casa Rosada: ‘Technical issues’ meant no Milei-Trump photo

04-04-2025 13:06 Argentina’s government confirms President Javier Milei was unable to meet US President Donald Trump Thursday; Republican leader was unable to reach Mar-a-Lago due to a fault in his helicopter, which delayed his schedule, says Casa Rosada.

Ana Estela (centre) and Claudia Maradona, sisters of Diego Maradona, arrive at a San Isidro court to attend a trial hearing for the death of their brother in San Isidro, Buenos Aires province on April 3, 2025.

DEATH OF DIEGO MARADONA

Maradona ‘sometimes resisted’ medical treatment, admits sister

03-04-2025 23:48 Diego Maradona "sometimes resisted" medical attention, admits one of his sisters at the trial into his 2020 death.

POLITICS & JUDICIARY

Senate rejects Supreme Court justices imposed by President Milei

03-04-2025 21:40 Blow for Milei as upper house votes by clear margin to reject both nominations for nation’s highest court; Future of Manuel García-Mansilla and Ariel Lijo unclear.

Foreign relations & diplomacy

Milei looks for IMF support, trade deal from Trump

03-04-2025 19:27 President in Florida to receive award; Milei seeking crucial backing from United States for new IMF programme, days after 10% tariffs are introduced.

Protesters and members of the General Confederation of Labour (CGT) union during an anti-government demonstration in Buenos Aires on Wednesday, December 27, 2023.

POLITICS & LABOUR

CGT confirms 36-hour strike, starting next Wednesday

03-04-2025 15:58 Confederación General del Trabajo (CGT) umbrella union grouping, Argentina’s largest labour federation, confirms third general strike of President Javier Milei’s government will take begin April 9 and last 36 hours.