News of bloomberg

Milei intervenes in currency market despite letting peso float

Yesterday 11:36 Argentina’s government has intervened in the currency markets to influence the peso’s value and is likely to miss reserve accumulation targets.

PRICE COMPLAINTS

Milei officials beef with Darín over price of a dozen empanadas

26-05-2025 20:43 Actor Ricardo Darín draws Milei administration’s ire by complaining about the price of a dozen empanadas.

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.

GEOPOLITICS & DIPLOMACY

Trump’s China trade war is forcing Latin America to pick a side

15-04-2025 14:02 Intensifying battle between world’s two largest economies has left governments grappling with the reality that their days of doing big business with Beijing without serious blowback from Washington are numbered.

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.

BLOOMBERG REPORT

Milei charged executives US$20,000 for private dinners as he ran for president

01-04-2025 11:59 Executives bought access to Argentina’s rising political star; Milei likened the dinners to the consulting work he used to do.

BLOOMBERG

AySA's bond rally faces key privatisation test

27-03-2025 17:45 Debt holders of state-owned water and sewage company AySA are reaping a windfall after President Javier Milei scrapped some price controls for public utility services.

POLITICS & ECONOMY

Milei faces fresh protest from football club fans over austerity

13-03-2025 00:25 Weekly protest against President Javier Milei’s austerity against pensioners takes aggressive turn.

BLOOMBERG - ANALYSIS

Milei back in Davos after racking up victories in Argentina

21-01-2025 09:39 Argentina's president has achieved what few considered possible just a year ago. Will he be able to overcome even bigger challenges in 2025?

POLLING & SURVEYS

Milei gains popularity as economy shows sign of life

04-12-2024 15:44 Argentines’ approval of his government rose to about 47% in November, compared with 43% the month before.

BLOOMBERG - ANALYSIS

Javier Milei's popularity survives his chainsaw cuts in Argentina

16-08-2024 11:34 Argentina’s libertarian president came to power promising to slash spending. Voters are suffering, yet polls show his support endures — for now.

BLOOMBERG INTERVIEW

Giving up China is hard, even for Argentina’s anarcho-capitalist

05-04-2024 13:40 President Javier Milei is taking a softer tone than he did as a candidate, saying he won’t touch existing trade agreements with Beijing.

BLOOMBERG INTERVIEW

Milei sees long slog ahead to bring Argentina reforms he pledged

05-04-2024 11:14 While Milei made shutting down the Central Bank and dollarising the economy centrepieces of his political campaign, he acknowledges plans are going to take a lot longer than he expected.

BLOOMBERG INTERVIEW

Milei talks up his peso plans, China, Trump and Israel

05-04-2024 09:44 Libertarian leader discusses fiscal and monetary plans, his approach to one of his country’s biggest trading partners and creditors, and much more in interview with Bloomberg News Editor-in-Chief John Micklethwait.

Bloomberg

Hedge fund rides Argentina gain, says Milei is underestimated

12-12-2023 09:50 Brazilian hedge fund manager Vista Capital says Javer Milei is more "political and sensible that many watchers anticipated."

Election 2023 preview

Inflation raging at 130% is pushing Argentina down a radical path

19-10-2023 20:55 Presidential candidate Javier Milei is winning over voters with promises to revive what was once one of the world’s wealthiest nations.

BUSINESS & REAL ESTATE

Ex-Soros partner surfs Argentine crisis with real-estate empire

03-10-2023 12:43 Eduardo Elsztain avoided speculative investments in stocks, bonds and derivatives as he built up his empire over the last 30 years. Now his real-estate company IRSA Inversiones y Representaciones is booming, even as Argentina enters recession.

Lithium and Argentina

Argentina to buy lithium from Livent for battery production

02-07-2023 10:51 Argentina will buy locally-produced lithium from US company Livent Corp to produce cells and batteries in a new plant set to start operating in September.