News of caputo

‘Iron triangle’ joy as Santiago Caputo formally joins La Libertad Avanza

08-02-2025 08:53 President Milei’s key advisor Santiago Caputo now formally affiliated with La Libertad Avanza; Photos published marking event send clear message to rest of ruling party.

NEW IMF DEAL ON WAY?

IMF: ‘Constructive discussions’ ongoing with Argentina over new deal

06-02-2025 22:59 Markets move on rumours of new deal with the International Monetary Fund, which again praises “enormous progress” made by Milei administration.

POLITICS – ANALYSIS

From PRO to Cambiemos… to Juntos por el Cambio or Juntos?

01-02-2025 08:56 Milei’s first year in office has indicated the need for the ex-members of Juntos por el Cambio to recover their identity.

by Jorge Fontevecchia

Analysing Argentina

Macri is fighting for his life – he will lose

01-02-2025 08:48 Mauricio Macri is making a desperate attempt to keep his political structure alive — and under his wing.

by Marcelo J. García

Editorial

Into More Funds?

01-02-2025 00:01 There seems to be a complacent assumption in many government circles that negotiations with the International Monetary Fund are a slam dunk now that Donald Trump occupies the White House.

Analysing Argentina

Milei’s learning curve

25-01-2025 06:48 Milei’s learning curve should take note from his predecessors: too much orthodoxy or unorthodoxy leads to trouble.

by Marcelo J. García

AGRICULTURE & ECONOMY

Argentina slashes export taxes to rescue drought-hit farmers

23-01-2025 23:25 Argentina slashes taxes on major crops, assisting farmers wrestling with a drought and low global prices.

AGRICULTURE & ECONOMY

Government temporarily reduces export duties in boost for farmers

23-01-2025 23:19 Economy Minister Luis Caputo confirms that Argentina will temporarily lower export duties.

International Monetary Fund

Caputo returns to Argentina for talks with IMF team

23-01-2025 14:46 IMF Managing Director Georgieva meets President Javier Milei in Washington, highlights "tremendous progress" of Argentina’s economy. Technical team already in Buenos Aires, but Economy Minister Luis Caputo plays down talk of rapid removal of currency controls.

INTERNATIONAL MONETARY FUND

IMF to send team to Argentina after ‘excellent’ Milei meeting

20-01-2025 09:21 IMF Managing Director Georgieva meets President Javier Milei in Washington and highlights "tremendous progress" of Argentina’s economy. An IMF team will travel to Buenos Aires next week to accelerate talks over a new programme.

ECONOMIC INDICATORS

Argentina posts fiscal surplus after Milei’s budget cuts

17-01-2025 18:49 President Javier Milei made good on his promise to deliver a fiscal surplus in his first year, achieving a feat not seen in over a decade in Argentina’s deficit-prone economy.

CENTRAL BANK MANOUEVRES

Argentina takes steps to dollarise and holds key rate

17-01-2025 11:49 Argentina’s Central Bank said payment intermediaries will have to enable debit card transactions in US currency by February 28, marking a key step in President Javier Milei’s pledge to dollarise the economy.

BONDS & MARKETS

Milei celebrates as Argentina pays US$4.3B to bondholders

09-01-2025 13:07 "Debts must be paid," declares President Javier Milei as Treasury makes first due bond repayments of 2025, amounting to US$4.341 billion in principal and interest.

REPURCHASE AGREEMENT

Milei scores win with US$1-billion repo from five top banks

05-01-2025 09:47 Milei administration announces US$1-billion repurchase agreement with five international lenders that will help replenish foreign reserves at its Central Bank.

ECONOMIC OUTLOOK

Caputo already has the dollars he need to meet this year’s debt deadlines

03-01-2025 13:32 Argentina’s Treasury took advantage of the fiscal surplus to buy the necessary hard currency.

IMF NEGOTIATIONS OVER NEW DEAL

IMF: Formal talks over new deal with Argentina have begun

19-12-2024 21:09 The International Monetary Fund and Argentina have formally begun negotiations over a new loan agreement as the current programme draws to a close.

ANALYSIS: SHOCK THERAPY

Argentina takes steps to speed up Milei’s dollarisation strategy

19-12-2024 15:38 Argentina’s government is working with major banks and payment firms to advance Javier Milei’s dollarisation strategy.

NEW IMF PROGRAMME

IMF in talks with Argentina on loan to succeed US$44-billion deal

19-12-2024 14:13 International Monetary Fund confirms it has formally opened talks with President Javier Milei's government over a new loan programme to replace its existing US$44-billion deal.

ECONOMIC POLICY

Milei, Caputo increasing bullish as they outline new IMF deal timeline

19-12-2024 09:50 Argentina eyes fresh accord with the International Monetary Fund in the first third of next year, with President Milei confident of strong support, both at the Fund and on trade, from incoming US president Donald Trump.

BILATERAL SPAT

Chile sends note of protest to Argentina after Caputo's criticism of Boric

19-12-2024 09:25 Chile has sent a note of protest to Argentina’s government after its economy minister Luis Caputo branded President Gabriel Boric a "communist" who will "sink" the nation.

MILEI AWAITS TRUMP

IMF moves goal-posts for Argentina – no definitions until April

13-12-2024 15:25 The International Monetary Fund has presented Javier Milei with two conditions which must be met before any further remittance beyond the US$44.5 billion loaned to Mauricio Macri – obtain Congress endorsement for taking on new debt and making structural changes.

by Carlos Burgueño

CAPITAL CONTROLS

Trump adviser Laffer tells Argentina ‘get it done now’ on capital controls

03-12-2024 15:19 Arthur Laffer has a word of advice for Argentina: Scrap capital controls now.

POLITICS – ANALYSIS

‘Fat Dan’ and libertarian childishness

23-11-2024 06:00 The childish attitudes of Milei 'troll army' come as the government has regained momentum in opinion polls.

by Agustino Fontevecchia

INTERVIEW

Jaime Durán Barba: ‘If we don’t attract people’s attention, we lose it completely’

22-11-2024 07:44 Political consultant behind the Cambiemos (2015-2019) administration gives his opinion on the modus operandi of Santiago Caputo and Manuel Adorni, while defining the “new political language” spoken by Donald Trump and Javier Milei.

by Julian D'Imperio

US-ARGENTINA RELATIONS

Trump: Milei’s friend in the North?

14-11-2024 15:57 Javier Milei wants to establish a close link with the US president-elect. A look at the relationship between Donald Trump, Argentina's president and the envoys working to strengthen ties.

by Juan Luis González

ANALYSIS

Milei hints at FX policy move after inflation slows below 3%

12-11-2024 17:23 Inflation slowed more than expected last month to its lowest level in three years, buoying an already ebullient President Javier Milei.

ECONOMIC REPERCUSSIONS

Dollars, IMF, cepo – Economy Ministry’s expectations after Trump triumph

06-11-2024 23:59 The government is betting on ideological overlap between Milei and Trump helping Argentina to obtain the financing required to face the need for dollars.

by Ezequiel Orlando

POLITICS

The 'Caputo Clan': A family linked to politics and power

02-11-2024 07:36 The Caputo family has been involved in Argentina's politics for some time, though its most recent star, presidential advisor Santiago Caputo, was an unknown until Javier Milei rose to office. A look at the family tree of a clan long linked to politics and power.

by Giselle Leclercq

POLITICS

Karina and Santiago Caputo take over the Foreign Ministry

27-10-2024 16:24 President Javier Milei's top two allies have gradually laid siege to Foreign Minister Diana Mondino, taking up every spot that opened at diplomatic head office.

by Juan Pablo Kavanagh

ANALYSING ARGENTINA

The Caputos spread their tentacles over the Mileis

26-10-2024 05:37 Not so long ago, two Caputos in Milei's inner circle seemed one too many. But now, Santiago and Luis Caputo are working closely in tandem.

by Marcelo J. García

IMF PROGRAMME

IMF confirms Argentina ‘exploring’ new financing programme

25-10-2024 17:26 Argentina’s government is “exploring options” for a new financing programme with the International Monetary Fund, confirms top official.

POLITICS & ECONOMY

Argentina seeks US$2.7-billion line to cover debt maturities

23-10-2024 20:39 Argentina’s government is in talks with several banks to obtain a loan agreement of around US$2.7 billion for about three years in order to meet its principal debt obligations next January.

IMF CREDIT LINE

Caputo says Argentina in talks with IMF over new deal, fresh funds

23-10-2024 13:58 After being hailed as “finance minister of the year” by a magazine in Washington, Argentina’s Economy Minister Luis Caputo Caputo said talks with the International Monetary Fund over a new agreement that includes fresh funds are underway.

Economic Recovery

Top private bank Galicia expects lending business to surge

23-10-2024 11:36 Galicia, Argentina’s largest private bank, is expecting loaning business to surge in the portfolio, a sign of what some say is economic recovery in Argentina.

EDITORIAL

Obscurity obstructs security

19-10-2024 06:46 Both Peronism and the business world are undergoing a transitional phase.

CAPITAL CONTROLS

Why Milei can’t lift currency controls any time soon

16-10-2024 12:15 Argentina has had strict currency controls in place for the past nine out of 13 years. President Javier Milei wants to get rid of them, but for now, he's sticking to the existing regime.

ECONOMY & POLITICS

Banco de la Nación wants to sell debt after a 30-year hiatus

09-10-2024 12:11 Daniel Tillard, the new head of Argentina’s largest bank, wants state-run Banco de la Nación to re-enter international capital markets for the first time in three decades.

POLITICS – ANALYSIS

Laughing and crying at the same time

05-10-2024 05:51 A joker of sorts, Santiago Caputo seems to always be looking for ways to “troll” his audience. One example could be his boss’ recent speech at the United Nations General Assembly, in which multiple paragraphs were “copy-pasted” direct out of an episode of The West Wing.

by Agustino Fontevecchia

International Monetary Fund

Argentina may combine final two IMF reviews before new talks

25-09-2024 09:10 Government may condense negotiations with IMF staff on its US$44-billion programme before opening talks on a new agreement that could include new money, Economy Minister Luis Caputo told investors Tuesday in New York.

MILEI IN NEW YORK

Milei lays out clearer currency path as his popularity begins to dip

24-09-2024 11:05 In his Wall Street debut, Javier Milei tells investors at the New York Stock Exchange that currency restrictions will be lifted “when the rate of inflation in the macroeconomic programme is zero.”

UNREST AT STATE AIRLINE

Government responds to Aerolíneas union strikes with sell-off threat

19-09-2024 15:27 Milei administration warns striking aviation workers, says it has opened talks with private companies over the privatisation of state carrier Aerolíneas Argentinas.

INVESTMENT

Milei government enthused by initial RIGI investment commitments

18-09-2024 18:03 Two multinationals from the automobile sector and a large energy company have committed investments since passage of the RIGI investment incentive scheme.

by Martín Fernández Nadale

economy

Headline figures from Milei government’s 2025 Budget

16-09-2024 12:17 Argentina’s Economy Ministry publishes its forecasts for the coming year: 5% growth, 1,207 pesos a dollar and 18.3% inflation.

EDITORIAL

Nobody wins

14-09-2024 06:37 Milei risks his popularity with insensitivity towards pensioners in the name of maintaining a fiscal surplus.

MEDIA

‘Pauta cero'? – No state advertising is a lie that suits Milei

13-09-2024 10:00 President Javier Milei took office vowing not to distribute state advertising to media companies, but the La Libertad Avanza leader has broken his promise. Some 130 billion pesos have been dished out, via state bodies and firms, to friendly outlets.

by Franco Lindner

ECONOMY – ANALYSIS

Argentina posts slightly higher than expected August inflation

11-09-2024 17:01 Argentina’s monthly inflation rose slightly above expectations in August, representing a setback for President Javier Milei.

ECONOMIC INDICATORS

Inflation rises slightly to monthly 4.2%, dashing government hopes

11-09-2024 16:43 Prices have increased 94.8% in Argentina since the turn of the year, according to official data; Consumer price hikes at monthly 4.2% – slight rise on the preceding month and above government forecast of 4%.

ANALYSING ARGENTINA

Decisions Milei refuses to make

07-09-2024 05:52 Milei will eventually pay the political price for the decisions he fails to make today. His current popularity, buoyed by the perception that recession is the lesser evil compared to rampant inflation, won’t last forever.

by Marcelo J. García

OFFICIAL FORTUNES

Official fortunes: New minister’s statement shakes up Milei Cabinet rich list

03-09-2024 12:14 Argentina’s new Deregulation & State Transformation Minister Federico Sturzenegger’s sworn affidavit places him as the fourth-richest member of Javier Milei’s Cabinet. President now ranks seventh on a list topped by Foreign Minister Diana Mondino.