OPINION & ANALYSIS Nothing to see here Yesterday 12:32 The honeymoon moment – the election result in October cooled the overheated mood in society, the media and among the political elite. by Javier Calvo
ENERGY & GAS Milei signs deal with Chubut to scrap export duties on conventional oil 20-11-2025 16:50 National government and Chubut Province sign agreement to eliminate export duties on conventional crude oil; Province will revise royalties and companies will maintain their investments.
ANALYSIS: SHOCK THERAPY Milei defies investor calls to build up foreign currency FX reserves 20-11-2025 11:18 Why the government is hesitant to build up international reserves, let the peso float and relax currency controls.
ENERGY & GAS Continental buys Pluspetrol shale field, says Luis Caputo 18-11-2025 08:54 Harold Hamm’s Continental Resources Inc is entering Argentina’s burgeoning shale patch, announces Economy Minister Luis Caputo.
IMF DEBT PROGRAMME Argentina awaits data before seeking to renegotiate IMF targets 15-11-2025 16:32 Argentina intends to renegotiate reserve requirements, but will wait until the end of the year to do so.
POLITICS – ANALYSIS Libertarian bliss and Macri’s shadow 15-11-2025 05:40 Macri felt invincible in the aftermath of the 2017 midterm victory, as does the President today. But hubris is a dangerous ailment for victorious politicians. by Agustino Fontevecchia
EDITORIAL Are second parts never any good? 15-11-2025 05:00 Ever since the petrodollars gobbled up by the 1976-1983 military dictatorship, the grim sequence of debt, default and debacle has been an all too central part of Argentina’s decline.
IMF INTERVENTION IMF warns government it needs to build up foreign reserves faster 13-11-2025 18:25 International Monetary Fund staff urge government to build up its foreign reserves faster; Intervention adds fuel to debate between Milei’s team and some investors over whether overhaul of currency policy is necessary.
ARGENTINA'S FINANCES Argentina’s US$870-million boost of IMF holdings points to US aid 13-11-2025 00:00 Data from the International Monetary Fund hints a potential new form of US financial aid for President Javier Milei’s government.
ECONOMIC OUTLOOK Luis Caputo: ‘It’s possible Argentina will grow by up to 10% in 2026’ 12-11-2025 12:57 Argentina’s economy minister says growth could reach five or six percent next year, but could rise as high as 10 percent should President Milei’s reform push be successful.
ANALYSIS: SHOCK THERAPY Milei keeps the peso from driving huge price hikes 12-11-2025 10:59 Shoppers increasingly stick to essentials and foot traffic is thinning, limiting the ability of businesses to raise prices.
ECONOMIC POLICY Caputo tells bankers Argentina to build reserves, buy back bonds 10-11-2025 10:53 Economy Minister Luis Caputo tells investors Argentina plans to buy back sovereign bonds and start accumulating foreign reserves even while the peso trades within its band.
POLITICS – ANALYSIS From abyss to Olympus – and back down? 08-11-2025 06:49 For the time being, Javier Milei has been returned to the political Olympus, his reformist mandate restored, along with his energy. The question now is, where do we go from here? by Agustino Fontevecchia
POLITICS Karina in power 08-11-2025 00:16 President Javier Milei’s sister and chief-of-staff believes she is the architect of her brother’s triumph. Now, not even he will be able to restrain her. by Juan Luis González
BLOOMBERG REPORT Milei, Caputo to meet investors in New York Friday 04-11-2025 23:19 Javier Milei and Luis Caputo will meet a select group of investors and company representatives in New York on Friday.
POLITICS & MEDIA Santiago Caputo left empty-handed in Milei Cabinet reshuffle 04-11-2025 10:12 For now, Javier Milei's star advisor remains a 'montributista' at the Casa Rosada. by Gustavo Winkler
Politics Milei appoints Santilli interior minister as reshuffle continues 02-11-2025 22:59 Row over “testimonial candidates” erupts as President Javier Milei names newly elected Buenos Aires Province lawmaker Diego Santilli as his new interior minister just a week after he was elected to Congress; Milei calls Cabinet meeting for Monday morning.
Politics Macri slams Milei over Adorni appointment after tense Olivos meeting 02-11-2025 09:21 Former president said replacing outgoing Cabinet chief Guillermo Francos with an inexperienced public official “does not seem like good news,” confirming his dinner with Milei ended without agreement.
Cabinet changes Milei moves to ‘purify’ Cabinet, leaving PRO outside looking in 01-11-2025 12:08 Guillermo Francos departs with Manuel Adorni replacing him; Santiago Caputo set for key role; President Milei set to centralise and consolidate power in bid to forge a ‘pure’ libertarian Cabinet.
ELECTION 2025: ANALYSIS Two-faced Milei: a second chance, but also a risk for Argentina 01-11-2025 06:10 Will Milei take advantage of the opportunity he has been granted in order to pursue a constructive political and economic agenda? Or will he use his newfound power to double down on his plan with no corrections? by Agustino Fontevecchia
Politics Milei names Adorni Cabinet chief as Francos resigns 31-10-2025 21:38 Guillermo Francos tenders resignation to President Javier Milei, with Presidential Spokesperson Manuel Adorni named as replacement; Cabinet position for top advisor Santiago Caputo increasingly more likely. by James Grainger
POLITICS Milei delays Cabinet changes after electoral triumph 30-10-2025 00:27 President says that he may avoid further modifications until change of Congress on December 10.
ELECTION REPERCUSSIONS Wall Street banks say Milei now has a chance to freely float peso 27-10-2025 17:57 Financial giants see a favourable scenario for Argentina to move towards a floating exchange rate for the peso and reignite a plan to rebuild reserves.
ELECTION 2025: ANALYSIS Winners and losers from Argentina’s pivotal midterm election 27-10-2025 14:18 Sunday’s legislative elections left a group of clear winners and losers; Javier Milei, Karina Milei, Diego Santilli and Santiago Caputo were among those celebrating, but the Peronists will have to pick themselves up off the floor.
ELECTION 2025: ANALYSIS Voters hand Milei belated birthday present, post-mortem for Peronism overdue 27-10-2025 00:21 Peronism’s renovation is well overdue. It seems Argentines would much rather carry on along Milei’s path of uncertainty and sacrifice than go back to reach the future. by James Grainger
Election 2025: Reaction Milei thanks ‘10 million Argentines’ as he revels in election win 26-10-2025 22:50 President thanks his team and “10 million Argentines” who voted for La Libertad Avanza and its allies in the national legislative vote.
ELECTIONS 2025 Argentines cast ballots in make-or-break midterm for Milei 26-10-2025 15:14 Argentina is voting Sunday in a midterm election that will serve as a crucial referendum on President Javier Milei’s ambitious austerity policies.
US BAILOUT OF ARGENTINA Bessent’s intervention in Argentine peso soars past US$1 billion 25-10-2025 16:10 The US spent an amount well in excess of US$1 billion this month acquiring Argentine pesos, according to market estimates.
COST OF POWER Milei spent around US$7.4bn protecting dollar pre-election 25-10-2025 16:03 Sunday’s legislative elections come at a historic cost: President Milei’s government has used around US$7.4 billion – a figure that could rise to US$8.4 billion, including funds from US Treasury are included – to keep the peso-dollar exchange rate stable over the two months leading up to the vote. According to Banco Provincia, it is the fourth-largest foreign exchange intervention since 2003. by Carlos Burgueño
NEW FOREIGN MINISTER From crisis to relaunch: Quirno’s in-tray at Foreign Ministry 25-10-2025 10:03 Beyond economic matters, Pablo Quirno’s Foreign Ministry will focus on promoting abroad the core elements of Milei’s “cultural battle,” a push launched the moment the head of state took office. by Juan Pablo Kavanagh
ELECTIONS 2025: ANALYSIS Milei, the two Caputos and the two anchors 25-10-2025 06:08 Milei and the two Caputos have the path laid out for them. The “two anchors” that will give them a future are tied to applying the necessary adaptations to the economic policy plan and creating the conditions for circumstantial legislative majorities. This situation appears possible under any electoral scenario, even a potent Peronist victory. by Agustino Fontevecchia
Cabinet changes Milei names finance secretary Pablo Quirno as Argentina’s new foreign minister 23-10-2025 14:49 President Milei’s reshuffle gets underway early; Finance secretary and former JP Morgan executive Pablo Quirno, a close ally of Economy Minister Luis Caputo, named Argentina’s top diplomat following resignation of Gerardo Werthein.
POLITICS: MIDTERMS 2025 Caputo: Midterms are 'more important than 2027 presidential vote' 22-10-2025 23:44 Economy Minister Luis Caputo says current exchange rate regime “will remain exactly the same” in an attempt to dispel fears of an imminent post-election peso devaluation.
Funds and bonds Bessent steps in to protect profits of friendly investors in Argentina 22-10-2025 17:03 US Treasury Secretary Scott Bessent comes to the rescue of hedge funds including BlackRock, Fidelity, Pimco and Discovery Capital Management, all of which bought Argentine bonds. Several fund managers share a professional past with the US official.
POLITICS Cabinet reshuffle: Who will head Milei’s ministries going forward? 22-10-2025 15:05 One by one, the post-election changes President Milei is preparing for his Cabinet; Among the names being discussed are Santiago Caputo, Patricia Bullrich, Luis Petri, Guillermo Francos and more. by Alejandro Gomel
CURRENCY TURBULENCE Peso breaks losing streak amid FX intervention 22-10-2025 13:11 Argentina's peso strengthened, snapping a five-day losing streak amid continued market intervention by both the local and US governments.
Cabinet changes Foreign Minister Gerardo Werthein presents resignation to President Milei 22-10-2025 12:06 Foreign Minister Gerardo Werthein has submitted his resignation to President Javier Milei, according to government sources; Decision follows days of speculation over his future and likely appointment of presidential advisor Santiago Caputo to Cabinet.
US-ARGENTINA BAILOUT Bessent’s plan runs short on time to line up Argentina financing 21-10-2025 21:33 US Treasury has been floating a US$20-billion financing deal involving banks, but key details such as the debt’s terms, structure and collateral remain unaddressed.
POLITICS & FOREIGN POLICY Viceroy Bennett and US intervention in Argentina 21-10-2025 15:58 Lobbyist hired by the SIDE intelligence services became executor of Trump’s will in Argentina. Secret meetings, legal troubles and his partnership with businessman Leonardo Scatturice. by Rodis Recalt
POLITICS Milei to reshuffle Cabinet post midterm election, says report 21-10-2025 08:38 President Milei is expected to reshuffle his cabinet after Sunday's midterm elections, 'Clarín' reported Monday.
POLITICS Santiago Caputo's place in Milei universe set to evolve 19-10-2025 18:14 President Milei is talking up his top advisor as ministerial material. The signs are pointing to a new role for Santiago Caputo post-October election. by Alejandro Gomel
ANALYSIS On raucous outsiders and statesmen 18-10-2025 06:47 The Milei administration has shown time and time again they lack the capacity to build sustainable political alliances and that stubbornness on the economic front has led to the repetition of mistakes from the recent past. The President has shown that when political momentum is on his side, he abuses good fortune to castigate political opponents and preach cultural war. by Agustino Fontevecchia
ANALYSING ARGENTINA Yankees come home 18-10-2025 06:26 Exactly 20 years ago next month, Washington silently retreated from the region. Now it’s coming back, in full swing. by Marcelo J. García
CURRENCY WOES Peso drops against dollar amid fresh US backing 17-10-2025 18:42 Argentina's peso has been fluctuating wildly ahead of next week's midterm elections next week, disrupting the savings and spending plans of locals who fear an imminent devaluation.
BILATERAL TRADE TALKS ‘Very soon’ – Argentina’s ambassador to Washington on US trade deal 16-10-2025 15:12 Alec Oxenford confirms trade agreement between Argentina and the United States; Milei’s envoy says “significant” accord is “culmination of months of intense diplomatic effort” and could be announced “very soon.”
POLITICS & ECONOMY US$20bn currency swap could be agreed before midterms, says Bausili 16-10-2025 01:31 Economy Minister Luis Caputo and Central Bank chief Santiago Bausili say landmark currency swap deal with Trump administration could be sealed before the October 26 midterms by Santiago del Carril
POLITICS & GOVERNMENT Milei's team draws up plans for post-election Cabinet reshuffle 16-10-2025 00:39 President Javier Milei will reshuffle his Cabinet after the October 26 national elections, with a number of key figures set to take on legislative posts. Potential PRO additions and the balance of power are under review.
MARKETS Argentine assets swing on reports Bessent lining up more aid 15-10-2025 22:19 Markets react to news that US Treasury Secretary Scott Bessent is working on an additional US$20-billion facility from the private sector that would complement a currency swap line of similar size.
FINANCIAL ASSISTANCE Bessent: US working on new US$20-billion private-sector 'facility' for Argentina 15-10-2025 14:48 US Treasury Secretary Scott Bessent says he is working with private sector on another US$20-billion "facility" to support Argentina, bringing Washington's total promised assistance to US$40 billion.
POLITICS & ECONOMY Trump says ‘we’re gone’ if Milei loses vote, rattling market 14-10-2025 22:17 Donald Trump suggests US$20-billion lifeline for Argentina could be contingent on Javier Milei’s success in midterm elections, sending fresh jitters through currency market.