News of analysis

More to lose than to win

Yesterday 10:15 In the City, the battle for first place is less interesting than the struggle between the Mileis and the Macris.

by Agustino Fontevecchia

BLOOMBERG - ANALYSIS

Inflation slowed in April amid currency policy change

14-05-2025 16:52 Annual inflation slowed for a 12th month to 47.3%, reports INDEC; Price increases were led by food and non-alcoholic beverages.

ANALYSIS: SHOCK THERAPY

How Milei keeps peso strong ahead of midterm vote

14-05-2025 12:00 President Milei's government doubles down on a strong peso strategy, making it the cornerstone of his midterm election campaign.

ANALYSING ARGENTINA

Fernández de Kirchner’s present points to Milei’s future

10-05-2025 07:55 Like Milei today, Fernández de Kirchner and Macri once believed their power was unlimited and their future bright. The way they engaged with their adversaries only came back later to haunt them.

by Marcelo J. García

OPINION & ANALYSIS

New songs and Peronism

10-05-2025 07:50 Kirchnerism has no lyrics for its new songs – every intervention by CFK against Milei is always geared to the economic terrain, but from the perspective of his collapse and not improving on his achievements.

by Jorge Fontevecchia

As I see it

Milei looks like a one-trick pony

10-05-2025 07:45 Chainsaws are great but they can maim or even kill users who are too weak or too clumsy to handle them properly.

by James Neilson

EDITORIAL

Clean slates – for greenbacks only

10-05-2025 07:25 At least two of this week’s main news items may be considered further setbacks in the fight against corruption. Every suspicion of a meticulously manipulated Senate result instead of free votes of conscience, while those complying with the conditions of last year’s tax whitewash might ask themselves why they went to all that trouble – a black week for removing the stain of corruption with no guarantee against more to come.

POLITICS & COMMUNICATION

Milei: Hate, peace, Popes and social media

10-05-2025 07:21 The Milei administration built its strength on synthetic power and effectively navigated the first part of the presidency. With the campaign fully underway, La Libertad Avanza will once again rely on their not-so-secret weapon.

by Agustino Fontevecchia

CAMPAIGN COMMENTS

Four-by-four voting

10-05-2025 07:20 Next weekend’s City race hogs the electoral limelight but there is voting even closer in time – like tomorrow when four provinces will be advancing their midterms.

by Michael Soltys

ANALYSIS: SHOCK THERAPY

Corporate defaults start piling up as Milei policies kick in

07-05-2025 12:28 As Javier Milei removes the distortions that once characterised Argentina’s economy, companies that bulked up on debt by exploiting exchange rate gaps are hurting.

ANALYSING ARGENTINA

Milei’s Macri mirror

03-05-2025 07:14 Javier Milei and Luis Caputo want the economy to be booming when the country goes to vote in October. The question is how much it will cost them – and the country.

by Marcelo J. García

CAMPAIGN COMMENTS

The great debate

01-05-2025 09:39 The absurd multiplicity of 17 list-heading candidates for 30 City Legislature seats can be boiled down into a triangle of the PRO, libertarian and Peronist blocs, although this does not necessarily translate into only three candidates since others stand to make inroads.

by Michael Soltys

ARGENTINA-CHINA RELATIONS

Chinese business interests await gesture from Milei towards Xi

01-05-2025 09:18 Over-enthusiasm for the United States has damaged links with China, hampering political moves towards investment and trade agreements. A presidential trip to the Asian power is the key to smoothing the acrimony.

by Eugenia Muzio

GUEST COLUMN

Batakis: IMF betting on Milei because his failure would also be theirs

01-05-2025 07:42 This is a “political loan,” if not to say a campaign contribution, as in 2018.

ANALYSIS: SHOCK THERAPY

Savers buying up dollars after Milei lifts currency controls

30-04-2025 12:08 Savers are going back to the bank to buy dollars after President Javier Milei granted them complete freedom to do so.

Analysing Argentina

The shepherd who lost his country

26-04-2025 05:00 Argentina electing Milei, just as an Argentine was running the Vatican on a unifying message, is as if John Paul II had seen his Polish compatriots vote for a version of Joseph Stalin, rather than Lech Wałęsa.

by Marcelo J. García

GUEST COLUMN

Malaysia’s capital control (cepo) success – a journey beginning in Buenos Aires

19-04-2025 06:03 Malaysia’s success highlights the importance of policy credibility, clarity of purpose and exit strategy in the use of capital controls.

POLITICS & ECONOMY – ANALYSIS

Milei dreams of re-election – with IMF's help

19-04-2025 06:00 Whether signing an IMF deal represents a “day of liberation” or one of mourning, it lifts a cloud of uncertainty and allows the political ecosystem to focus on upcoming elections.

by Agustino Fontevecchia

Analysing Argentina

Milei and the bicycle temptation

19-04-2025 06:00 The Milei government is confident it can make it to the midterm elections in October without major volatility. But this relative calm — won by force of debt — should not obscure the storm that was brewing before the cash injection.

by Marcelo J. García

Campaign comments

First day of the rest of the year

19-04-2025 06:00 Economists have hailed the exit from the cepo as a milestone but this columnist hesitates to consider it an electoral game-changer – there is both too much and too little time for that.

by Michael Soltys

ANALYSIS: SHOCK THERAPY

Milei risks reigniting inflation by floating Argentina’s peso

16-04-2025 12:35 Decision to ease currency controls is having an impact in the real economy. Retailers and importers are cautiously adjusting their prices as the peso weakens. And some fear it could spark inflation.

ECONOMY – ANALYSIS

IMF bets billions on Milei’s chainsaw to avert past debacles

13-04-2025 08:50 Frontloading disbursements is a controversial move that increases the IMF’s exposure to its biggest debtor, just as Milei faces the same policy dilemmas that have doomed his predecessors.

POLITICS – ANALYSIS

Milei gains 'breathing room' from his ties with Trump

12-04-2025 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

Global politics – Analysis

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

12-04-2025 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

12-04-2025 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

12-04-2025 05:22 This year’s midterm voting begins tomorrow in the major province of Santa Fe with the constituent assembly elections.

by Michael Soltys

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.

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...

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

POVERTY ASSESSMENT

‘Not much to celebrate’ despite fall in poverty, says expert

01-04-2025 13:13 Leading poverty expert Agustín Salvia, of UCA’s prestigious social debt observatory, digs into the figures after INDEC reports dramatic fall in numbers of poor.

Analysing Argentina

Will Elon Musk’s plumber pay for Milei’s trips abroad?

29-03-2025 06:11 There is reason behind the IMF’s decision to throw its weight behind President Milei, which means partnering with his political objectives too.

by Marcelo J. García

POLITICS – ANALYSIS

Tales of the blue (dollar)

29-03-2025 06:11 Milei and Caputo have promised to lift the 'cepo' currency controls. It won’t signal the end of the 'blue,' but it should reduce its importance and the wild fluctuations that voraciously mint millionaires and, at the same speed, erase their fortunes.

by Agustino Fontevecchia

ANALYSIS: SHOCK THERAPY

Traders bet on weaker peso as Milei’s IMF deal looms

26-03-2025 21:39 Investors see Argentina’s peso on the verge of devaluation again, but for Javier Milei, such a step could prove costly – especially ahead of midterm elections in October.

ANALYSING ARGENTINA

Autumn is coming for Javier Milei

22-03-2025 07:41 Last week, we discussed how an electoral agreement with the governor of Chaco signalled a possible pattern. This week, Chaco Governor Leandro Zdero received a 120-billion-peso transfer from the federal government. Just don’t tell the IMF.

by Marcelo J. García

ANALYSIS: SHOCK THERAPY

Milei’s inflation miracle distorted by obsolete items in index

19-03-2025 17:12 Calls are getting louder for President Javier Milei’s government to redo the make-up of the consumer price index for the first time in two decades.

POLITICS – ANALYSIS

Violence and institutional informality

15-03-2025 07:29 There are serious questions as to what happened on the streets outside Congress, but it clearly helped to distract the attention away from what was going on inside Congress and in the troubled port city of Bahía Blanca.

by Agustino Fontevecchia

OPINION & ANALYSIS

Transportation electrification is coming, but will it spark a broader shift?

11-03-2025 11:19 From the heart of Buenos Aires to remote corners of Patagonia, the electrification of transportation is gaining momentum, driven by a convergence of innovation, government support and a broad push for modernisation.

by Heliana Veronica Higbie

POLITICS: CORRIDORS OF POWER

Santiago Caputo’s consecutive errors, government accelerates campaign mode

05-03-2025 10:25 Run of missteps by Javier Milei’s star spin doctor causes problems for the President.

by Ramón Indart

ANALYSIS

Milei feels the heat of the $LIBRA scandal

01-03-2025 07:18 Milei is doubling down. Not only does he deny any wrongdoing, he’s also trying to push forward with his own agenda.

by Agustino Fontevecchia

Analysing Argentina

Flooding the zone might drown the Milei administration

01-03-2025 05:24 The fragility of Argentina’s economy demands sobriety and steadiness — something that zone-flooders may lack as they attempt to sow confusion.

by Marcelo J. García

BEYOND THE HEADLINES

Hidden by crypto

22-02-2025 06:59 The Once train crash was technically a railway accident far more frequently dubbed a tragedy and a crime in not a few eyes – few transport disasters have been so heavily politicised even if two previous rail accidents had claimed more lives.

by Michael Soltys

Analysing Argentina

Milei’s long honeymoon is over, what happens next?

22-02-2025 06:32 For the first time since December 2023, Milei and his people lost control of the narrative … more than ever, Milei now relies on the success of his economic programme.

by Marcelo J. García

As I see it

Milei caught in a crypto spider web

22-02-2025 06:09 By associating himself with a cosmopolitan bunch of chancers, Milei has raised serious questions about the government he leads.

by James Neilson

OPINION & ANALYSIS

Milei and the ‘$LIBRA’ scandal: How far does it go?

19-02-2025 15:20 Milei has a track record of reckless stances on troubled digital ventures. The consequences of the ‘$LIBRA’ scandal could be unpredictable and perhaps, it has only just begun.

by Javier Calvo

As I see it

A cyberpunk at the helm

15-02-2025 06:10 Is Milei an astute operator who is merely playing the role of a foul-mouthed cyberpunk or is he simply showing the world the kind of person he really is?

by James Neilson

ANALYSING ARGENTINA

Cavallo, Milei and the elephant in the room

15-02-2025 06:08 Besides numbers, markets measure moods and tones. And the tone they got from President Javier Milei this week may not have been reassuring.

by Marcelo J. García

POLITICS & ECONOMY – ANALYSIS

Milei’s week of fury

15-02-2025 06:05 The market has doubts as to whether Milei and Caputo can sustain what is clearly a super strong peso, forcing them to come out publicly to defend their policy choices. The level of aggression with which they have defended their position suggests that the risks to their strategy are real.

by Agustino Fontevecchia

BEYOND THE HEADLINES

Primaries (time and) Again Serve Oppositions

15-02-2025 06:05 Introduced little more than 15 years ago for less than noble reasons and widely rejected today as a waste of time and money, the PASO primaries will not be missed by many.

by Michael Soltys

BEYOND THE HEADLINES

Woke no joke

08-02-2025 06:55 “Woke” has become a pejorative for anything the new right considers excessively progressive, but too few people here seem to have any precise idea what it means.

News of analysis

More to lose than to win

Inflation slowed in April amid currency policy change

How Milei keeps peso strong ahead of midterm vote

Fernández de Kirchner’s present points to Milei’s future

New songs and Peronism

Milei looks like a one-trick pony

Clean slates – for greenbacks only

Milei: Hate, peace, Popes and social media

Four-by-four voting

Corporate defaults start piling up as Milei policies kick in

Milei’s Macri mirror

The great debate

Chinese business interests await gesture from Milei towards Xi

Batakis: IMF betting on Milei because his failure would also be theirs

Savers buying up dollars after Milei lifts currency controls

The shepherd who lost his country

Malaysia’s capital control (cepo) success – a journey beginning in Buenos Aires

Milei dreams of re-election – with IMF's help

Milei and the bicycle temptation

First day of the rest of the year

Milei risks reigniting inflation by floating Argentina’s peso

IMF bets billions on Milei’s chainsaw to avert past debacles

Milei gains 'breathing room' from his ties with Trump

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

Careful Javier, the ‘caste’ smells blood

And so it begins

Milei tries erasing Argentina’s history to lure foreign investment

Milei's private dinners, cash and political transparency

Can Cristina Fernández de Kirchner be the next Donald Trump?

Milei: a tourist in Mar-a-Lago

‘Not much to celebrate’ despite fall in poverty, says expert

Will Elon Musk’s plumber pay for Milei’s trips abroad?

Tales of the blue (dollar)

Traders bet on weaker peso as Milei’s IMF deal looms

Autumn is coming for Javier Milei

Milei’s inflation miracle distorted by obsolete items in index

Violence and institutional informality

Transportation electrification is coming, but will it spark a broader shift?

Santiago Caputo’s consecutive errors, government accelerates campaign mode

Milei feels the heat of the $LIBRA scandal

Flooding the zone might drown the Milei administration

Hidden by crypto

Milei’s long honeymoon is over, what happens next?

Milei caught in a crypto spider web

Milei and the ‘$LIBRA’ scandal: How far does it go?

A cyberpunk at the helm

Cavallo, Milei and the elephant in the room

Milei’s week of fury

Primaries (time and) Again Serve Oppositions

Woke no joke

Argentina applies new ‘anti-mafia law’ in troubled Rosario

Milei delays ‘mattress dollars’ plan due to City election

More to lose than to win

Argentina scraps ‘ideological’ programmes for women, LGBT community

Test for Milei as City vote goes national

Elecciones CABA 2025: qué dice la última encuesta y por qué todo dependería de Javier Milei

Márquez y Asociados: tres hermanos fueron indagados y negaron haber estafado a sus clientes

De "padre de reyes" a "siervo de los siervos": por qué el Papa León XIV no será coronado

Polémica electoral en el Cerro de las Rosas: Adrián Britos afirma que no "recibió presiones" de la lista oficialista

Encuesta: quiénes son los políticos que superaron a Cristina Kirchner en imagen negativa