POLITICS & CORRUPTION Espert's dirty financing Today 06:45 On José Luis Espert’s ties with a suspected drug dealer and the libertarian obsession with coin. by Agustino Fontevecchia
EDITORIAL Hunted by a red October Today 06:26 The last few days have shown Trump’s support to be insufficient to overcome the loss of confidence in the libertarian administration, a problem which the midmonth snapshot with the Republican in Washington planned by Milei is hardly likely to change.
THE WEEK IN REIVEW Stories that caught our eye: September 27 to October 3 Yesterday 18:35 A selection of the stories that caught our eye over the last seven days in Argentina.
BONDS & MARKETS Locals fuel Argentine bond swings as Bessent stokes chaos Yesterday 17:38 Volatility soared in the past few weeks as Argentina slipped back toward a currency crisis.
Geopolitics & finance Bessent’s Argentina rescue pledge put to test by traders attacking peso Yesterday 16:58 US Treasury Secretary Scott Bessent’s record as a powerful pacifier of unruly markets is now being put to the test in Argentina.
AGRICULTURE & ECONOMY Milei’s 48-hour tariff pause spurs record surge in crop exports Yesterday 11:50 Milei’s gambit to boost the supply of dollars on the foreign-exchange market quickly attracted about US$7 billion in scheduled shipments as exporters seized the moment.
POLITICS & CONGRESS Double setback for Milei as Congress overturns two vetoes 02-10-2025 19:56 Another blow for Milei as Senate overturns two presidential vetoes, upholding laws that increase funding for state universities and paediatric hospitals.
US SUPPORT FOR MILEI Bessent says United States ‘not putting money’ in Argentina, touts swap 02-10-2025 16:48 US Treasury Secretary Scott Bessent reiterated support for Argentina on Thursday, but later warned any aid wouldn’t involve outright US investment.
FOREIGN POLICY US Treasury chief issues second message of support for Milei's Argentina 02-10-2025 12:03 US Treasury Secretary Scott Bessent says Washington is "fully prepared to do what is necessary" in support of Milei as he confirms Argentina is key to “maintaining a US strategic interest in the Western Hemisphere.”
CURRENCY TURBULENCE Milei government sells dollars as peso drops for third day 01-10-2025 18:18 President Javier Milei's government sells more than US$450 million on spot market Wednesday to stem a slump in the peso.
ANALYSIS: SHOCK THERAPY Currency arbitrage costs Milei US$2 billion a month in Argentina 01-10-2025 12:59 A temporary surge in farm-export dollars has prompted Argentines to purchase cheap greenbacks.
CURRENCY TURBULENCE Milei’s government sells dollars as peso starts to sink again 30-09-2025 21:06 Currency fell more than 6% Tuesday, biggest intraday drop since September 8,
Foreign policy & diplomacy Trump offers Milei pre-election boost with White House visit 30-09-2025 17:53 President Javier Milei will be received by Donald Trump at the White House on October 14.
MARKETS Milei’s financing assurances briefly lift bonds, peso 30-09-2025 14:03 President says Argentina has secured financing through the end of next year and is working on longer term plans, giving a brief boost to the nation’s assets.
Casa Rosada to Casa Blanca Argentina: Trump will host Milei at White House on October 14 30-09-2025 13:53 US President Donald Trump to host President Javier Milei at the White House on October 14 – less than two weeks before Argentina’s head of state faces key nationwide elections.
ECONOMIC INDICATORS Informal employment rises to 42%, affecting 4 in 10 workers 30-09-2025 11:11 According to a report, four in ten workers in Argentina are employed in jobs that are not subject to “the relevant labour, tax or social security legislation.”
CRIME & SECURITY Villa 21-24: Buenos Aires barrio remains in grip of drug-trafficking 29-09-2025 15:43 In the Villa Zavaleta neighbourhood, at least nine drug gangs operate, fighting violently for territory with bunkers and young "soldiers" dotted everywhere.
MORTGAGES & MARKETS Peso crisis drives mortgage rates to 15%, upending Milei agenda 29-09-2025 09:26 Recent market tumult was a stark reminder that despite signs of a turnaround since Milei took office less than two years ago, his success is far from assured.
RIGI INVESTMENT BOOST McEwen Copper’s Los Azules endorsed for Argentine initiative 27-09-2025 09:08 McEwen Copper Inc wins RIGI investment incentive scheme approval for its Los Azules copper project in San Juan Province.
As I see it Milei gets a second chance 27-09-2025 06:50 Like dei ex machina, two of the world’s most powerful men decided to step in and save Argentina from the unhappy fate it was plunging towards. by James Neilson
ANALYSING ARGENTINA How many more rabbits can Milei pull out? 27-09-2025 06:38 Markets don’t vote, at least not on election day. The fate of the Milei programme will be determined by what the government does from now on. by Marcelo J. García
Campaign comments The future’s not ours to see 27-09-2025 06:25 Mayoral tails wagged gubernatorial and presidential dogs in Buenos Aires Province but next month’s midterms stand to be genuinely, not synthetically national with the state of the economy and the quality of governance deciding votes. by Michael Soltys
POLITICS – ANALYSIS Milei: From rockstar to beggar 27-09-2025 06:05 Milei has gone from international political rockstar to beggar in less than two years, following a similar trajectory to Mauricio Macri – only that the latter got bailed out after winning the midterm elections. by Agustino Fontevecchia
ANALYSIS Milei’s bet on Trump pays off at critical moment for Argentina 26-09-2025 22:58 The years Javier Milei spent courting Donald Trump are paying off at a critical moment.
THE WEEK IN REVIEW Stories that caught our eye: September 19 to 26 26-09-2025 18:20 A selection of stories that caught our eye over last seven days in Argentina.
CURRENCY CONTROLS ‘Cepo’ individual: Milei tightens restrictions on dollar dealings 26-09-2025 14:54 Milei government partially reinstates currency controls for individuals; Central Bank imposes restriction that prevents savers from purchasing both official and MEP/CCL dollars for a period of 90 days.
WASHINGTON'S RESCUE PACKAGE Bessent puts US money at risk in US$20-billion Argentina backstop 26-09-2025 11:02 US$20-billion lifeline for Argentina could carry risks for US taxpayers.
AGRICULTURE & LIVESTOCK Argentina re-establishes grain export duties as farmers cry foul 26-09-2025 08:59 Government ends suspension of export duties after US$7-billion target is met; Meat and poultry to remain exempt; Reports say just 12 producers, mostly large agro-exporting, benefitted.
ECONOMY Milei’s Treasury set to snap up large dollar sales 25-09-2025 19:22 Argentina’s Treasury is moving to scoop up large amounts of foreign currency in block trades just as US$7 billion from grain exports enters the market.
ECONOMIC INDICATORS Poverty falls to lowest level since 2018 25-09-2025 18:54 In the first half of the year, 31.6% of Argentines lived in poverty, down from nearly 53% in the early months of Milei’s Presidency a year ago.
ECONOMIC INDICATORS Poverty fell to 31.6% in the first half of 2025, reports INDEC 25-09-2025 16:43 President Milei’s much-improved week continues as national statistics bureau reveals poverty dropped by more than six points between second half of 2024 and first half of this year; More than 14 million people, however, remain poor, with extreme poverty affecting 6.9% of Argentines.
POVERTY IN ARGENTINA Study: Residents of villas die 11 years earlier than general population 25-09-2025 15:54 Analysis by Centro para la Integración Sociourbana (CISUR), based on official data from Argentina's 2022 National Census, highlights lower number of adults and elderly people living in impoverished zones.
WASHINGTON CALLING Bessent halts Argentina crisis as US lifeline upends short bets 25-09-2025 09:12 Speculators seeking to profit from the sell-offs racing through Argentina’s markets were stopped dead in their tracks by a powerful investor willing to take the opposite side of the trade: the US government.
AGRICULTURE & ECONOMY Milei’s tax cut on crops quickly lures US$7 billion 25-09-2025 08:52 Agro exporters rush to take advantage of temporary drop in export duties; Experts call on government to boost Central Bank reserves.
Society Crisis facing Argentina’s disabled – the testimonies of families left adrift 25-09-2025 00:18 Denunciations pile up at the ANDIS national disability agency after corruption case and cutbacks. The parents of kids who have lost vital care to red tape speak out.
MULTILATERAL MEETS FOR MILEI IMF chief: Argentina ‘is moving in the right direction’ 24-09-2025 18:51 IMF chief Kristalina Georgieva heaps praise on President as World Bank and Inter-American Development Bank vows assistance.
MONETARY POLICY Central Bank slashes repo rate, stalls peso rally 24-09-2025 15:13 Argentina’s Central Bank cut its one-day peso repo rate by 10 percentage points to 25 percent.
UNITED NATIONS GENERAL ASSEMBLY Milei slams 'overreach,' calls for UN reform in General Assembly speech 24-09-2025 13:33 Head of state calls for major UN reform and heaps praise on Donald Trump in speech to general assembly; President also reiterates claims to Malvinas Islands, demands release of Israeli hostages in Gaza.
ECONOMIC LIFELIFE US readies US$20-billion rescue to help Milei win in Argentina 24-09-2025 10:50 Washington plans US$20-billion currency swap with Argentina's Central Bank to boost Milei; US Treasury Secretary Scott Bessent says fresh aid a “bridge to the election,” referencing October midterms.
US-ARGENTINA RELATIONS 'We're gonna help': Trump says he will come to the rescue of struggling Argentina 24-09-2025 10:25 Markets reacted positively to Trump's show of support; US Treasury ready to "do what is needed" to help stabilise markets in Argentina
US-ARGENTINA RELATIONS US to support Argentina with US$20-billion currency swap, bond purchases 24-09-2025 10:09 Treasury secretary says Washington in talks to support Argentina's Central Bank; Dollar-denominated bonds could also be purchased, with US investment likely to increase should next month's crucial midterms go Milei's way.
AGRICULTURE & ECONOMY China buys more Argentine soybeans as tax relief spurs trade 24-09-2025 09:48 China books at least 10 more cargoes of Argentine soybeans, taking advantage of a temporary break in export duties for local producers.
BRAZIL-USA RELATIONS Between smiles and daggers at UN, Lula and Trump agree to meet 23-09-2025 16:44 Presidents differ on almost every political matter, yet find chemistry in person and set to meet the week after the UN General Assembly.
US-ARGENTINA RELATIONS Trump backs Milei, downplays need for 'bailout' in Argentina 23-09-2025 15:10 White House official says a financial announcement on Argentina will be coming later Tuesday.
US-ARGENTINA RELATIONS Trump says Argentina does not 'need' bailout at Milei meeting 23-09-2025 14:09 US President Donald Trump declared Tuesday that he doesn't think Argentina needs a bailout as he met with President Javier Milei in New York.
ECONOMY – ANALYSIS Milei’s peso is 20% overvalued and fragile, analysts say 23-09-2025 14:06 Investors and analysts agree that, to one degree or another, the peso needs to drop.
ECONOMIC OUTLOOK OECD lowers Argentina’s growth estimate, raises inflation forecast 23-09-2025 12:42 Argentina’s economy will grow 4.3%, with inflation of 39.8%, according to OECD; Body declines in consumption and exports, as well as industry and construction.
UNITED NATIONS GENERAL ASSEMBLY Trump slams UN, Europe, immigration in General Assembly speech 23-09-2025 12:13 Trump slams 'con job' climate change and mocks United Nations in blistering speech to General Assembly; Shying away from criticism of Washington's traditional enemies, he instead trains ire on UN bosses and tells European nations immigration is ruining their nations.
EU-MERCOSUR TRADE DEAL Farmers call Paris protest against EU-Mercosur deal 23-09-2025 11:50 French farmers union to stage massive protest next month in rejection of the EU-Mercosur trade deal.
US-ARGENTINA SUPPORT US senator questions Bessent on Argentina ‘bailout’ as Milei waits 23-09-2025 09:38 Democratic Senator Elizabeth Warren seeks more information about the Trump administration’s "bailout” of Argentina’s economy.
POLITICS & CONGRESS Milei tries to defy Congress amid disability emergency law row 22-09-2025 18:43 Law reinstated after veto clash now stalled again over funding demands; Disability groups decry “cruelty policy” of Milei government.
ECONOMIC OUTLOOK New recession almost inevitable, warns Universidad Di Tella report 22-09-2025 17:55 According to study by finance research centre of the Universidad Torcuato Di Tella, Argentina’s economy is likely to formally enter recession soon. by Gonzalo Martínez
POLITICS & ECONOMY Trump mulls US economic lifeline for Milei and 'important ally' Argentina 22-09-2025 16:41 Washington signals stabilisation measures are on the way for “important ally” Argentina; Milei government removes export duties for agricultural, livestock and poultry products until October 31 in quest for dollars.
AGRICULTURE & ECONOMY Milei dangles big tax break for exporters in stealth devaluation 22-09-2025 14:07 Export tariffs temporarily scrapped on all of crop cargoes in a bid to bring dollars into the country.
MARKET REACTION Argentine assets soar as US support pledge halts market rout 22-09-2025 13:44 Bonds jumped by the most on record, stocks leaped eight percent and the currency was set for the biggest advance since May.
US-ARGENTINA RELATIONS US Treasury Secretary Bessent says all options on table to help Milei’s Argentina 22-09-2025 13:40 Options include currency swap lines, direct currency repurchases and US dollar-denominated debt from the Treasury’s exchange stabilisation fund, says US Treasury Secretary Scott Bessent.
Foreign relations & diplomacy Milei heads to New York for meetings with Trump, IMF chief 21-09-2025 08:58 Argentina’s President to attend UN General Assembly in New York, hold bilateral meetings with Donald Trump, IMF chief Kristalina Georgieva and Israeli Prime Minister Benjamin Netanyahu, among others.
US-ARGENTINA RELATIONS Milei to meet Trump as Argentina seeks to avert market rout 21-09-2025 08:40 Javier Milei plans to meet President Donald Trump in New York on Tuesday after hinting his country is in negotiations to halt a market sell-off and avoid a debt crisis.
POLITICS & ECONOMY Milei, asked about US Treasury talks, says negotiations advanced 20-09-2025 09:24 Financial support from Washington would provide relief to policymakers who are trying to reassure investors that Milei can sustain his austerity push after October’s midterm elections.
POLITICS & ECONOMY President says 'political panic' is rattling markets 20-09-2025 09:15 President Javier Milei blamed "political panic" for rattling markets in the run-up to crucial midterm elections.
EDITORIAL What’s new pussycat? 20-09-2025 07:14 Milei's best bet is to continue renouncing extremism to regain the middle ground.
POLITICS – ANALYSIS ‘Golden boy’ Milei is beginning to look like Chile’s Boric 20-09-2025 06:34 The self-proclaimed first anarcho-capitalist president in world history is under siege. A tough defeat in local elections in Buenos Aires Province laid bare a situation of absolute precariousness, with both markets and the political class testing his resolve. by Agustino Fontevecchia
Analysing Argentina Wake Milei up when September ends 20-09-2025 06:25 Both the economy and the politics of the country are telling President Milei he cannot fly solo anymore. by Marcelo J. García
ANALYSIS Vaca Muerta overtakes agriculture – and it will finance Argentina’s future 20-09-2025 06:21 The political weight of the oil industry is surging. With a record energy export surplus and rising, the Vaca Muerta formation is shaping up to be the country’s main source of foreign currency. Businessmen, governors and lawmakers all agree that shale deposits will be a major factor in economic stability, with investments and projects transforming the map. by Carlos Burgueño
THE WEEK IN REVIEW Stories that caught our eye: September 12 to 19 19-09-2025 17:26 A selection of the stories that caught our eye over the last seven days in Argentina.
POLITICS & CONGRESS Triple setback for Milei as Congress rejects vetoes 19-09-2025 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.
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.
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.
