Demonstration in Buenos Aires Doctors and university staff stage protest against Milei vetoes Yesterday 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 Yesterday 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.
ELECTION 2025: ANALYSIS How Milei raised the bar and paid the price in Buenos Aires Province Yesterday 06:54 The market and the political ecosystem, seems to have recalibrated its expectations, putting further financial pressure on the government. by Agustino Fontevecchia
Editorial An emperor needs new clothes Yesterday 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 Yesterday 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
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.
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.
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.
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.
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.
Uruguayan politics Uruguay’s finance minister shuns chainsaw for modest tax hikes 10-09-2025 15:50 Orsi government lays out plans to lower budget deficit through tax increases early in its term to avoid politically contentious spending cuts or additional levies later down the line.
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.
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.
POLITICS – ANALYSIS Milei’s ‘boss’ becomes liability after brutal loss 09-09-2025 13:44 A humiliating election defeat is forcing President Javier Milei to face up to a series of political miscalculations – chief among them, his reliance on his beloved sister.
ECONOMIC FALL-OUT Morgan Stanley’s flip-flop shows speed of crisis ensnaring Milei 09-09-2025 09:47 It took less than a week to make Morgan Stanley abandon its bullish call on Argentina.
COURTS Fired ANDIS chief Diego Spagnuolo could turn whistleblower in graft case 09-09-2025 00:23 The former head of the ANDIS national disability agency is pursuing a different strategy to the Kovalivkers, the owners of the Suizo Argentina, who have asked for the case implicated top Milei government officials to be closed. by Giselle Leclercq
ENERGY & GAS Report: Argentina set for century-high oil output, record gas production 08-09-2025 17:51 Rosario Board of Trade report highlights Vaca Muerta’s role in driving production and widening of energy trade surplus.
WORLD ECONOMY BRICS leaders denounce protectionism, tariff 'blackmail' 08-09-2025 14:40 Several BRICS members are among those most affected by what Lula referred to Monday as "tariff blackmail" and "unjustified and illegal" trade practices.
ELECTION 2025: Buenos Aires Province Peso, stocks fall – markets react to Buenos Aires Province vote 08-09-2025 14:10 Argentine stocks crash, peso slumps and country risk rating soars after Peronist victory in Buenos Aires Province.
ELECTION 2025: Buenos Aires Province Assets plunge as Buenos Aires Province voters rebuke Milei 08-09-2025 13:21 Argentina’s currency, bonds and stocks plunge after President Javier Milei’s party suffered a landslide defeat in key Buenos Aires Province election.
ELECTIONS 2025: BUENOS AIRES PROVINCE President suffers major setback in bellwether vote 08-09-2025 00:51 With 91% of polling stations reporting, Fuerza Patria has 47% of vote against nearly 34% for Milei's ruling La Libertad Avanza.
ELECTIONS 2025: BUENOS AIRES PROVINCE Milei admits ‘electoral setback,’ vows ‘not to repeat mistakes’ 08-09-2025 00:14 “Not only do we confirm our path, we will accelerate and deepen it further,” declares head of state after damaging defeat in Buenos Aires Province.
BLOOMBERG - ANALYSIS Milei sticks to plan after landslide defeat in Buenos Aires Province 07-09-2025 23:56 President vows to "accelerate" reforms after a crushing defeat in Buenos Aires Province elections.
Election 2025 Blow for Milei as Peronism wins Buenos Aires Province vote 07-09-2025 21:17 Governor Axel Kicillof the big winner as Peronism dominates vote in Buenos Aires Province; Fuerza Patria (Peronism) set to win election by double-digit margin, with President Javier Milei's La Libertad Avanza trailing a distant second.
ELECTIONS 2025: BUENOS AIRES PROVINCE Milei faces tough Buenos Aires Province test as voters go to polls 07-09-2025 09:55 President is hoping a victory or strong performance for his La Libertad Avanza alliance in the nation’s most-populous region will help wipe away the mess of several ongoing political storms.
GOVERNMENT LIE Milei government admits its audit of soup kitchens never existed 06-09-2025 10:22 Milei government acknowledges in an official document that it lied: audit that found that 50% percent of community kitchens were ‘phantom’ in fact never existed. Admission was made in response to request by deputy Natalia Zaracho.
Editorial The curtain rises 06-09-2025 07:16 The main contenders have sought to inject more importance into this election by nationalising the dispute, subordinating its result to a greater game, but this has only deepened the impoverishment of the debate.
ANALYSING ARGENTINA The endogenous crises of Javier Milei 06-09-2025 07:13 The crises the government is suffering from are endogenous – their origin lies in Milei and his team’s decision to fly solo with their economic and political strategies. by Marcelo J. García
CAMPAIGN COMMENTS A tale of two provinces 06-09-2025 07:07 The population of Buenos Aires Province outnumbers over two-thirds (160) of the world’s 233 countries and territories. by Michael Soltys
CRIME & SECURITY Finca Karina: Police shut down illegal border crossing on Argentina-Bolivia border 05-09-2025 18:26 Court investigation exposes estate where organisation made nearly three billion pesos a year through a clandestine border pass at Finca Karina, located on the banks of the Bermejo River in Salta; Group of at least 11 people ran it, including a police officer; Some 300 vehicles are estimated to have entered every day to cross border with smuggled goods.
the week in review Stories that caught our eye: August 29 to September 5 05-09-2025 17:48 A selection of the stories that caught our eye over the last seven days in Argentina.
ELECTIONS 2025 What’s at stake in Sunday’s election 05-09-2025 10:57 There is a lot riding on the legislative elections in Buenos Aires Province. In addition to being watched by the rest of the country, the results on September 7 will have an impact on the markets and all political actors. by Jorge Fontevecchia
ELECTIONS 2025: BUENOS AIRES PROVINCE Milei targets Peronist heartland in high-stakes vote 05-09-2025 09:11 President Javier Milei is fighting to keep his libertarian revolution alive in the highest-stakes election since he took office.
POLITICS & CONGRESS Major defeat for Milei: Senate overturns veto of disability law 04-09-2025 17:55 Opposition triumphant in the upper house by large majority; First rejection of presidential veto since 2003 and humbling defeat, just days before Buenos Aires Province election.
MILEI IN AMERICA Milei jets up to Hollywood to meet Milken before crucial vote 04-09-2025 11:40 President Javier Milei will meet a billionaire Michael Milken in Los Angeles, just days before key elections in Buenos Aires Province.
ELECTIONS 2025 Milei's closing campaign rally in Moreno ends in clashes 04-09-2025 01:37 Stones and bottles thrown as opponents disrupt closing campaign rally in Buenos Aires Province.
ARGENTINA-US RELATIONS US taps brakes on Argentina visa waiver in another setback for Milei 04-09-2025 00:22 Trump administration pauses Argentina’s bid for a visa waiver just as the process for its entry into the programme was getting underway.
BONDS & MARKETS Buenos Aires City, Santa Fe Province weigh bond sales before midterms 03-09-2025 23:28 Buenos Aires City and Santa Fe Province are weighing international bond sales before the October midterms.
BILATERAL BANK SPAT Milei government accuses Chinese bank of driving peso drop 03-09-2025 23:15 Finance Secretary Pablo Quirno points finger at a Chinese bank – without naming it – by saying it deliberately pushed down the peso’s value in trading on Monday.
EU-MERCOSUR TRADE DEAL EU pushes ahead with bid to ratify Mercosur free-trade deal 03-09-2025 14:50 Agreement needs approval of the European Parliament and a qualified majority of its 27 member states.
EU-MERCOSUR TRADE DEAL EU presents Mercosur deal for member states' approval 03-09-2025 11:23 Agreement would form a 700-million-customer free-trade area – the world's biggest – but it still faces opposition in Europe over agricultural concerns.
Analysis Milei moves to aid peso as election roils markets 02-09-2025 17:37 Intervention is the latest bid to halt a sell-off that has rattled its financial markets.
INTERVENTION Milei shifts course with Treasury intervention to stem peso slide 02-09-2025 14:30 Government moves to contain currency turbulence; Move comes days before key provincial election.
OIL & GAS Uruguay to pitch pipeline route for Vaca Muerta’s natural gas 02-09-2025 14:25 Uruguay to pitch a natural gas pipeline through its territory that would link Argentina’s Vaca Muerta shale deposit with Brazil.
Foreign exchange policy Milei to intervene in FX market as election jitters roil markets 02-09-2025 12:20 Finance Secretary Pablo Quirno says Treasury will participate in FX market to contribute to its “liquidity and normal functioning.”
BUSINESS Pulp maker blames Milei as it seeks bankruptcy protection 01-09-2025 18:43 Pulp and paper manufacturer Celulosa Argentina SA files for bankruptcy protection, blaming "deep changes that the national government has implemented in fiscal, monetary and currency policy."
FOREIGN EXCHANGE US$130 million per day – Argentines snap up dollars as controls relaxed 01-09-2025 18:16 Since the removal of the so-called 'cepo' – strict currency controls that limit access to foreign currency – in April, Argentines have purchased over US$ 10 billion. by Gonzalo Martínez
SPORT CLUBS Milei's 'chainsaw' austerity slashes through sports clubs 01-09-2025 17:33 National club survey consulting 325 institutions from all of Argentina's provinces highlights the paradox affecting Argentine sport: more social demand and fewer resources. Táctica’s research shows four out of ten clubs are worse off than in 2023.
EU-MERCOSUR TRADE DEAL EU to present Mercosur trade deal for member state approval 01-09-2025 13:40 Deal is backed by a wide majority of EU countries keen to diversify trade away from the United States, but France remains staunchly opposed.
MILITARY & DEFENCE Crisis in Armed Forces as poor salaries lead to exodus 30-08-2025 07:58 Some 2,200 members of the Armed Forces have resigned this year. The Navy has been hardest hit, with some receiving monthly pay-cheques below 600,000 pesos.
Analysing Argentina Forget about October, what matters is the day after 30-08-2025 06:59 After the elections, Milei will not have the benefit of the doubt anymore. Expectations will be higher, just as reality might get tougher. by Marcelo J. García
As I see it Dark clouds line the horizon 30-08-2025 06:52 Millions who voted for Milei less than two years ago may have assumed that he would immediately replace the old political class but, needless to say, that was a pipe dream. by James Neilson
EDITORIAL Audios rather more than hearsay 30-08-2025 06:37 No room for innocence where squeezing kickbacks out of the medicine for around a million disabled people is concerned – arguably the most vulnerable sector of society.
THE WEEK IN REIVEW Stories that caught our eye: August 22 to 29 29-08-2025 17:06 A selection of the stories that caught our eye over the last seven days in Argentina.
MONETARY POLICY Argentina again tightens FX rules for banks as peso strengthens 29-08-2025 13:33 Argentina increases foreign-currency restrictions for commercial lenders yet again as part of effort to support the peso and ease inflation.
ABOUT THE BRIBERY SCANDAL Explainer: What to know about ANDIS audio scandal 28-08-2025 16:52 Burgeoning corruption scandal prompted by leaked audio recordings linking Karina Milei and other top officials to corrupt practices in the purchases of medicine for disabled people.
POLITICS Milei calls bribery scandal a lie after facing ‘rain of rocks’ 28-08-2025 16:22 “This week’s operation is nothing more than another item on the long list of tricks by the caste and, like all the previous ones, just another lie,” declares President in speech to business leaders.
Lithium in Latin America Untapped lithium riches are in crosshairs of Bolivian candidate 28-08-2025 15:08 Jorge 'Tuto' Quiroga’s approach to lithium is much more dramatic than his centrist opponent Rodrigo Paz, who has vowed to seek consensus with local communities and regions.
BUSINESS & INVESTMENT Alarm bell ring for investors amid graft scandal claims 28-08-2025 11:55 Members of so-called ‘círculo rojo’ business establishment concerned by possible consequences of recent scandal, which could slow desired influx of investment. What the top businessmen who defend the economic plan think about the future. by Ariel Maciel
MONETARY POLICY Argentina rolls over debt in relief for battered currency 27-08-2025 21:48 Government successfully rolls over large batch of local debt in auction; Milei administration has tightened monetary policy in past few weeks to defend peso.
politics President unhurt after being attacked in Lomas de Zamora 27-08-2025 17:02 Security guards acted quickly to shield the group and the convoy was diverted before reaching its destination.
HUMAN RIGHTS How Milei took unaudited disabled people’s benefits away 27-08-2025 17:00 There has been a structural failure in the mass cutting of benefits for disabled people – Argentina's government they sent over 850,000 registered letters to audit beneficiaries, but nearly half of them never made it. Getting them reinstated is a near impossible task. by Agustina Bordigoni