News of milei government

Bessent expects Argentina to be able to pay off China swap

14-04-2025 19:13 Scott Bessent hails Argentina as a free-market beacon in Latin America; US Treasury secretary said he expects Argentina to be able to pay off its swap line with China, but that US government isn’t considering providing any direct credit.

AGRICULTURE & ECONOMY

Milei tells farmers to sell soy now as peso slides 12%

14-04-2025 19:08 Farmers are starting to harvest their soy crop, worth billions of dollars in export revenues that Milei desperately needs at the Central Bank. But, so far, they have traded it at a crawl.

ECONOMIC CHANGES

Peso slides, bonds jump after FX rules lifted

14-04-2025 13:46 Argentina’s sovereign debt climbed Monday while the peso slipped after the country lifted most of its currency-market restrictions.

Editorial

Into More Frustrations

12-04-2025 05:06 A Ruby Tuesday for President Javier Milei while the world at large is in an acute age of uncertainty thanks to Donald Trump’s tariff onslaught.

POLITICS – ANALYSIS

Milei launches new economic phase, with nod to middle class

11-04-2025 23:56 Casa Rosada expresses satisfaction as alignment with Trump bears fruit and secures an unprecedented initial disbursement from the International Monetary Fund.

ECONOMIC CHANGES

Milei ends 'cepo' as IMF board approves US$20-billion bailout

11-04-2025 23:32 Milei declares "cepo is gone for good" as IMF unlocks US$12 billion in immediate funding and Argentina lifts capital controls in 48-month US$20-billion programme.

ECONOMY & POLITICS

'Fin de cepo': Argentina overhauls exchange rate access

11-04-2025 18:27 President Javier Milei’s government to lift capital and currency controls as of Monday, with exchange rate of between 1,000 and 1,4,00 per greenback; ‘Phase Three’ of economic programme will see monthly cap lifted for individuals and firms.

ECONOMIC INDICATORS

INDEC reveals uptick in inflation: Prices up 3.7% in March

11-04-2025 16:25 Inflation soared in March, accelerating to 3.7% – a second straight monthly rise; Consumer prices up 55.9% over the past 12 months, by 8.6% so far this year.

NEW IMF PROGRAMME

Milei nears US$20-billion Argentina loan as IMF staff sign off

09-04-2025 08:49 Members of the Washington-based lender’s executive board are expected to vote on the agreement Friday.

NEW IMF PROGRAMME

IMF confirms preliminary agreement with Argentina for US$20-billion loan

09-04-2025 08:33 Multilateral lender says it has reached a staff-level agreement with President Milei's government on a new 48-month US$20-billion programme, subject to approval by executive board.

GEOPOLITICAL ROW

Milei caught in Trump-China spat over US$18-billion FX swap line

08-04-2025 16:47 Javier Milei is caught between US President Donald Trump and China’s communist government.

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.

IMF PROGRAMME

IMF met again on Argentina as upfront payment proves contentious

04-04-2025 19:30 There is still no consensus among board members on the size of the upfront payment to Argentina, according to reports.

Foreign relations & diplomacy

Milei to 'surely' meet Trump on US trip, says Werthein

02-04-2025 09:03 The two leaders will receive awards for their "conservative values" during a ceremony at Trump's Mar-a-Lago resort in Florida.

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 - ANALYSIS

Poverty falls sharply as prices cool under Milei

31-03-2025 17:02 About 38.1% of Argentines fell under the poverty line in the second half of last year, according to government data published Monday.

IMF PROGRAMME

Caputo: Argentina wants a ‘high’ first disbursement from IMF

31-03-2025 14:04 Economy Minister revealed last week that Argentina is seeking around US$20 billion in fresh financing from the IMF, on top of its existing US$44-billion debt.

ITALIAN CITIZENSHIP

Italy limits citizenship eligibility for descendants, affecting tens of thousands of Argentines

29-03-2025 08:38 Italy will limit its citizenship law based on blood ties to two generations, a move that could affect tens of thousands of Argentines.

BEYOND THE HEADLINES

Towards a smarter state

29-03-2025 06:11 The libertarian government seems intent on cutting back a bloated state to its right size without having any clear idea what that size might be.

by Michael Soltys

IMF PROGRAMME

IMF confirms Argentina has requested new US$20-billion loan programme

28-03-2025 18:10 "Progress on the new programme is very advanced and engagement continues at all levels to finalise an agreement," says IMF in a statement.

IMF PROGRAMME

Argentina seeks large portion of US$20-billion IMF deal up front

28-03-2025 12:00 The size of Argentina’s first disbursement has become the most important issue of negotiations at this stage, with President Milei's government seeking a large portion up front.

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.

IMF DEBT PROGRAMME

Argentina says its new IMF programme will total US$20 billion

27-03-2025 15:00 The economy minister added that funds combined from the IMF, World Bank, Inter-American Development Bank and regional bank CAF would put Argentina’s Central Bank reserves near US$50 billion.

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.

SALE SUSPENDED

Milei blocks sale of Telefónica Argentina to Clarín’s Telecom

25-03-2025 11:02 Government explains why it has moved to halt purchase of Telefónica Argentina by Telecom; Guillermo Francos warns deal would create an oligopoly in the telecommunications sector.

WASHINGTON SANCTION

US sanctions Fernández de Kirchner, De Vido for ‘corruption’

22-03-2025 17:33 United States government bans former president Cristina Fernández de Kirchner and ex-federal planning minister Julio de Vido from entering its territory, sanctioning them for “significant corruption.”

BEYOND THE HEADLINES

'Cepo' in review

22-03-2025 07:53 It might well be argued that the ‘cepo,’ the seemingly endless set of currency and capital controls, has been a bane of Argentina’s existence.

by Michael Soltys

As I see it

The old order is fighting back

22-03-2025 07:45 Milei has managed to apply a much-needed corrective to a political order that, until he took over, seemed to have been programmed to destroy both itself and the country.

by James Neilson

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

POLITICS – ANALYSIS

Political hegemony turning to pathetic circus

22-03-2025 07:14 Market jitters have pushed the government into a defensive posture, in which Economy Minister Luis ‘Toto’ Caputo appears to have involuntarily flamed the fans of devaluation.

by Agustino Fontevecchia

Editorial

Forever Autumn?

22-03-2025 07:11 There is already too much polarisation in politics at large – instead of extremes clashing, there is a need to meet in the middle for a serious debate about a complex issue.

EMBASSY SCANDAL IN CARACAS

The year-long stand-off between five prisoners in a mansion and Maduro's regime

21-03-2025 10:20 Members of Venezuela’s opposition are trapped in Argentina's Embassy in Caracas, living on rainwater and sardines, as government forces stand watch.

IMF DEBT PROGRAMME

IMF deal will be agreed by mid-April, says Milei

20-03-2025 18:27 Lower house backs presidential decree authorising new deal with International Monetary Fund.

'CRYPTOGATE' SCANDAL

Déjà vu? Another libertarian politician promotes ‘$LIBRA’ crypto token

20-03-2025 01:03 La Libertad Avanza lawmaker José Luis Espert says his account on the X social network was “hacked”; Post promoting ‘$LIBRA V2’ token made, just weeks after President Milei pushed same scam cryptocurrency.

Foreign relations & diplomacy

President Milei postpones scheduled trip to Israel

19-03-2025 23:31 Tensions in Israel and Argentina lead to suspension of President Javier Milei’s trip; Decision made as conflict rages in Middle East and protests pick up at home.

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.

PENSION PROTEST

Milei government issues public transport threat to demonstators

19-03-2025 11:19 Hours before weekly pension protest, message broadcast at stations across Buenos Aires metropolitan area warns that police “will repress any attempt against the Republic.”

ECONOMY – ANALYSIS

Argentina disinflation stalled despite strength of the peso

15-03-2025 10:52 Economists surveyed by Argentina’s Central Bank expect year-on-year inflation to plunge to 23% this year.

OPINION & ANALYSIS

Is Donald Trump good for Argentina?

15-03-2025 07:40 Trump’s new transactional and short-term economic order overlaps with a new gangster-style and hyper-materialistic political order.

by Jorge Fontevecchia

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

POLITICS & ECONOMY

Milei boosts budget of SIDE intelligence services by 7.3 billion pesos

14-03-2025 09:14 More funds for discretionary “reserved spending” for intelligence services; Increase in intelligence funding comes just days after President promised funds for storm-hit Bahía Blanca.

FOOTBALL & POLITICS

Football fans put rivalries aside to stand up for pensioners

13-03-2025 00:39 As this week’s protest against President Javier Milei's government proves, supporters are willing to put aside their differences to fight a perceived injustice.

by Dan Edwards

ECONOMIC INDICATORS

UCA observatory says poverty rate reached 41.6% last year

11-03-2025 13:39 New report from respected poverty watchdog, which measures figure on a "multidimensional" basis rather than purely cash, warns of challenges facing Argentina.

by Agustina Bordigoni

IMF DEBT PROGRAMME

Milei issues decree to take new IMF deal through Congress

11-03-2025 09:55 President issues decree seeking green light from Congress to move forward with rejigged IMF agreement; Repayments would be pushed out over 10 years with a grace period of four and a half years.

IMF DEBT TALKS

Milei says IMF deal will wipe out inflation

09-03-2025 09:04 President Javier Milei says new IMF programme is a move to "exterminate inflation" in Argentina.

POLITICS & COURTS

Supreme Court justices rule against nominee Ariel Lijo

07-03-2025 10:33 Supreme Court blocks Lijo’s request to take leave from his post as federal judge; García-Mansilla blocks request, Lorenzetti dissents.

NEW IMF PROGRAMME

‘Devaluation not the solution,’ says Caputo on IMF deal

06-03-2025 22:27 End of April target set; Deal could include US$20 billion in funds, says Wall Street bank.

IMF DEBT TALKS

Wall St sees Argentina getting up to US$20 billion in IMF deal

06-03-2025 00:01 Negotiations between Milei’s government and the IMF appear to be nearing the final stages.

ANALYSIS: SHOCK THERAPY

All the currency, capital controls Milei needs to end this year

05-03-2025 12:00 Javier Milei has taken several steps to ease restrictions during his first year in office, but he entered 2025 with few indications that there will be a quick unwinding of the rules.