News of milei government

Central Bank lowers rate to 32% on price expectations

Today 00:10 Argentina’s Central Bank cut its benchmark interest rate by 300 basis points to 32 percent as inflation expectations fall.

POLITICS & CONGRESS

Budget clash, extra sessions, Speaker Menem – Milei’s first year in Congress

04-12-2024 17:39 Despite being firmly in the minority, Milei has managed to amend over 100 laws since taking office and advance his programme of fiscal austerity. Nevertheless, tensions with allies and opposition persist, centred on the 2025 Budget, anti-graft laws and electoral reform.

by Facundo Maceira

POLITICS – ANALYSIS

The ecstasy of Javier Milei

30-11-2024 05:48 Things look rosy for the libertarians at this juncture, encouraging them to become even more ambitious.

by Agustino Fontevecchia

BEYOND THE HEADLINES

The protectionist racket

30-11-2024 05:37 While Donald Trump and Javier Milei might be a mutual admiration society, they are moving in opposite directions on protectionism.

by Michael Soltys

Analysing Argentina

Milei and nothing but Milei

30-11-2024 05:12 If the opposition wants to challenge the President, the best they could do is to try something radically different. This is exactly what Milei did when he launched his political career.

by Marcelo J. García

STATE SELL OFF

Milei’s first Argentina privatisation beset by US$536-million debt

29-11-2024 21:57 President Javier Milei is imposing a December deadline on Argentina’s first bid to sell a long list of state-run companies to the private sector, outlining how challenging it will be.

HUMAN RIGHTS

Report: Milei government plans to eliminate non-binary DNIs

28-11-2024 14:57 As part of the libertarian cultural battle, President Javier Milei government is drawing up a decree to prohibit access to non-binary DNI identity documents, which have existed since 2021.

ECONOMIC POLICY

Milei confirms his ‘chainsaw’ will keep running next year

27-11-2024 15:52 “Full speed ahead,” says Argentina's president, vowing that public spending cuts will continue into 2025.

ANALYSIS: SHOCK THERAPY

Betting on Milei, investors choose longer duration

27-11-2024 12:43 Investors are extending the duration of their peso savings and investments, signalling confidence in President Javier Milei.

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

POLITICS & ECONOMY

Chau Evita? Milei officials eye demolition of iconic BA building

21-11-2024 19:29 Evita must be trembling in heaven – President Javier Milei’s government is evaluating the future of an iconic building on Avenida 9 de Julio. Will the site, once home to state ministries, face the libertarian chainsaw?

IMF LOAN PROGRAMME

Argentina ‘sure’ of new IMF deal, says it doesn’t depend on Trump

21-11-2024 14:28 IMF spokeswoman Julie Kozack says authorities in Argentina are “exploring the option of moving to a new arrangement” with the multilateral lender to replace its existing US$44-billion loan programme.

ICC RULING ON ISRAEL

Argentina says ICC warrants 'ignore' Israel's right to self-defence

21-11-2024 13:36 President Javier Milei’s government says International Criminal Court’s decision to issue arrest warrants for Israel's Prime Minister Benjamin Netanyahu and his former defence minister "ignores" the country's right to defend itself.

ECONOMIC OUTLOOK

Argentina in ‘transition’ to growth, says top World Bank official

12-11-2024 22:21 Top World Bank official William Mahoney praises advances by President Javier Milei's government and says Argentina is "in transition" towards the recovery of growth.

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 INDICATORS

Inflation slowed to 2.7% in October – lowest level in almost three years

12-11-2024 16:59 Consumer prices have increased by 107% in the first 10 months of the year and by 193% over the last year, reveals INDEC bureau.

POVERTY IN ARGENTINA

Extreme poverty soars to affect six million, study shows

12-11-2024 14:19 Destitution rates have grown much faster than poverty in recent years in Argentina. According to a study by the University of Buenos Aires based on government data, more than six million people were not meeting daily nutritional needs in the first quarter of the year.

by Agustina Bordigoni

ECONOMIC OUTLOOK

Argentina’s recession ‘is over,’ Milei tells business leaders

08-11-2024 14:49 “The recession is over. We are emerging from the desert," President Milei tells business leaders at event in Buenos Aires.

FOREIGN POLICY & DIPLOMACY

Argentina to withdraw military officers from UN’s South Lebanon mission

06-11-2024 13:40 Decision, which became known during departure of ex-foreign minister Diana Mondino, underlines President Javier Milei’s alignment with the Israeli government.

POLITICS – ANALYSIS

Foreign Ministry set to meet chainsaw after Mondino's failure to cut costs

05-11-2024 10:32 The now former foreign minister not only displeased President Milei, she also failed to cut costs. Mondino’s lack of budget-slashing means La Libertad Avanza’s chainsaw will now descend on the Palacio San Martín.

by Juan Pablo Kavanagh

POLITICS & FOREIGN POLICY

Milei vows purge of ‘traitors’ after vote backing Cuba at UN

04-11-2024 22:16 President Milei lets rip at diplomats, promising to purge Argentina's foreign service of “ traitors to the country.”

POLITICS

New Foreign Minister Gerardo Werthein takes office, orders staff changes

04-11-2024 22:12 Gerardo Werthein, Argentina’s former ambassador to the United States, is sworn-in as nation’s top diplomat; New foreign minister replaces Diana Mondino, who was ousted last week.

UNITED STATES ELECTION 2024

Milei's affinity with Trump – what a Republican win would mean for Argentina

04-11-2024 07:48 President Milei does little to hide his support for the Republican candidate. Negotiations with the IMF and how protectionism would affect Argentina, among other key issues.

by Cecilia Degl'Innocenti

Analysing Argentina

Milei’s magical thinking about a Trump victory

02-11-2024 07:38 Argentina — or Latin America, for that matter — will not be an immediate priority for any incoming US administration, though Milei may leverage his ideological rapport with a potential President Trump.

by Marcelo J. García

aviation sector

JetSMART adds to Argentina fleet as Milei opens up the skies

01-11-2024 12:40 Low-cost carrier JetSMART is increasing its fleet of planes in Argentina as President Milei seeks to deregulate the aviation industry and dismantle Aerolíneas Argentinas' domestic dominance.

PROFILE: Gerardo Werthein

Werthein faces Olympian challenge grading foreign service

31-10-2024 15:13 Argentina's ambassador to the United States moves to the Palacio San Martín after President Milei ousts Diana Mondino.

FOREIGN POLICY & DIPLOMACY

Milei to 'audit' Argentina's Foreign Ministry after Cuba embargo vote

31-10-2024 14:12 Day after sacking of Foreign Minister Diana Mondino, Presidential Spokesperson Manuel Adorni says "President Milei's position is clear" and that all staff unhappy with Argentina's new direction are free to "withdraw from the government."

OPINION & ANALYSIS

Intrigue and secrecy in Mondino’s pre-trailed dismissal

31-10-2024 10:25 President Javier Milei sacks his foreign minister after Argentina’s vote at the UN against the United States’ six-decade embargo imposed against Cuba. Issuing a presidential communiqué aimed at sowing terror in the diplomatic corps, Milei is embarking on a cultural battle to shift the foreign service.

by Walter Curia

POLLING

Milei is Argentina’s most popular leader but disapproval grows

31-10-2024 09:05 About 41% have a positive image of President Javier Milei, according to a new poll, but approval has been decline as austerity measures bite.

GOVERNMENT & POLITICS

Milei sacks foreign minister after Cuba embargo vote

30-10-2024 18:11 President Javier Milei sacks Foreign Minister Diana Mondino for backing a UN vote condemning the United States' six-decade trade embargo of Cuba.

BUSINESS & INVESTMENT

Milei’s revamp offers CEOs a glimmer of optimism about Argentina

29-10-2024 11:17 Business leaders say they're feeling encouraged about Argentina for the first time in years.

POLITICS – ANALYSIS

Macri and Milei’s ‘special kind of psychology’

26-10-2024 06:01 Macri knows he’s in a position of weakness. Milei and his libertarian horde swept his electorate and forced the fracture of his Juntos por el Cambio coalition. But despite lending his votes, the former president and his team have been excluded.

by Agustino Fontevecchia

STATE SELL OFF

Government to auction off more than 400 state properties

25-10-2024 22:14 Argentina’s government will put 400 properties up for auction in a bid to raise some US$800 million. Properties are either not being used, in bad condition or have large maintenance costs for the state.

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.

IMF DEBT PROGRAMME

Argentina’s quest for more IMF money stalls on currency controls

25-10-2024 16:36 Argentina wants a fresh injection of money to lift controls without worrying about a currency sell-off. But the IMF doesn’t want its resources used to artificially prop up a currency, like Argentina has done so many times before.

MALVINAS SOVEREIGNTY DISPUTE

Government seeks culprit after paper referencing 'Falklands' slights out

23-10-2024 23:28 Malvinas mishap as Defence Ministry refers to the Malvinas Islands as "Falklands" in a statement, sparking criticism from within and outside the government and a promise to fire culprit allegedly "guided by left-wing ideology."

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.

'Shock Therapy'

Clamour for pesos leads banks to tap repo market

23-10-2024 12:47 A surge in demand for local currency in recent months has left Argentina's commercial banks needing access to pesos.

FINANCE & BUSINESS

Nubank is taking new look at Argentina under Milei, CEO says

23-10-2024 12:13 Nubank “will watch” Argentina over the next 12 months, and is “taking a new look” at the country under President Javier Milei, says Chief Executive Officer David Vélez.

G20 SUMMIT

Milei infuriates G20 by rejecting call for gender equality

22-10-2024 20:59 On Javier Milei’s instruction, Argentine negotiators refuse to sign a statement on female empowerment that had the support of all other G20 nations.

FOREIGN POLICY & DIPLOMACY

Unease among foreign service over Milei's ‘threatening’ letter

22-10-2024 17:16 President Javier Milei warns Argentina’s foreign service that anyone not committed to his anti-progressive agenda should “step aside.”

EDITORIAL

Obscurity obstructs security

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

ANALYSING ARGENTINA

Milei the Great or Milei the Footnote?

19-10-2024 06:44 The problems Argentina faces are too big and too enduring for anyone to solve alone, especially when alienating much of the rest of the world.

by Marcelo J. García

As I see it

Milei and the uses of fanaticism

19-10-2024 06:23 Javier Milei’s reputation, and with it his ability to rule, depends on his willingness to stick to his fiscal guns, come what may.

by James Neilson

ENERGY & GAS

Pampa Energía sizes up LNG projects as Milei aids shale growth

18-10-2024 17:37 Energy producer Pampa Energía SA will decide in the next three months whether to partner on a multibillion-dollar LNG plant, says Marcelo Mindlin.

EDUCATION ROW

Students take classes onto streets to protest Milei's university cutbacks

16-10-2024 16:20 Student demonstrators stage open classes on the streets of Buenos Aires as they draw attention to cutbacks on state higher education institutions imposed by President Javier Milei's government.

POLLING – ANALYSIS

Milei on alert over Karina’s performance in polls

16-10-2024 14:32 Argentina’s government was shocked by numbers that have emerged from surveys conducted in Buenos Aires Province showing many voters would not even consider voting for President Javier Milei’s sister.

by Ramón Indart

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.

CAPITAL CONTROLS

Government to adopt flexible exchange rate after lifting controls

15-10-2024 23:17 Milei states at conference that government will adopt a “flexible” exchange rate on the peso after it lifts capital controls.

POLITICS

Milei says state universities not under threat as occupations multiply

15-10-2024 17:13 As student takeovers of campuses multiply nationwide, President Milei says Argentina's public university system is “not under discussion” but vows auditing of state institutions will take place.

News of milei government

Central Bank lowers rate to 32% on price expectations

Budget clash, extra sessions, Speaker Menem – Milei’s first year in Congress

The ecstasy of Javier Milei

The protectionist racket

Milei and nothing but Milei

Milei’s first Argentina privatisation beset by US$536-million debt

Report: Milei government plans to eliminate non-binary DNIs

Milei confirms his ‘chainsaw’ will keep running next year

Betting on Milei, investors choose longer duration

‘Fat Dan’ and libertarian childishness

Chau Evita? Milei officials eye demolition of iconic BA building

Argentina ‘sure’ of new IMF deal, says it doesn’t depend on Trump

Argentina says ICC warrants 'ignore' Israel's right to self-defence

Argentina in ‘transition’ to growth, says top World Bank official

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

Inflation slowed to 2.7% in October – lowest level in almost three years

Extreme poverty soars to affect six million, study shows

Argentina’s recession ‘is over,’ Milei tells business leaders

Argentina to withdraw military officers from UN’s South Lebanon mission

Foreign Ministry set to meet chainsaw after Mondino's failure to cut costs

Milei vows purge of ‘traitors’ after vote backing Cuba at UN

New Foreign Minister Gerardo Werthein takes office, orders staff changes

Milei's affinity with Trump – what a Republican win would mean for Argentina

Milei’s magical thinking about a Trump victory

JetSMART adds to Argentina fleet as Milei opens up the skies

Werthein faces Olympian challenge grading foreign service

Milei to 'audit' Argentina's Foreign Ministry after Cuba embargo vote

Intrigue and secrecy in Mondino’s pre-trailed dismissal

Milei is Argentina’s most popular leader but disapproval grows

Milei sacks foreign minister after Cuba embargo vote

Milei’s revamp offers CEOs a glimmer of optimism about Argentina

Macri and Milei’s ‘special kind of psychology’

Government to auction off more than 400 state properties

IMF confirms Argentina ‘exploring’ new financing programme

Argentina’s quest for more IMF money stalls on currency controls

Government seeks culprit after paper referencing 'Falklands' slights out

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

Clamour for pesos leads banks to tap repo market

Nubank is taking new look at Argentina under Milei, CEO says

Milei infuriates G20 by rejecting call for gender equality

Unease among foreign service over Milei's ‘threatening’ letter

Obscurity obstructs security

Milei the Great or Milei the Footnote?

Milei and the uses of fanaticism

Pampa Energía sizes up LNG projects as Milei aids shale growth

Students take classes onto streets to protest Milei's university cutbacks

Milei on alert over Karina’s performance in polls

Why Milei can’t lift currency controls any time soon

Government to adopt flexible exchange rate after lifting controls

Milei says state universities not under threat as occupations multiply

Argentina seeks its first wheat shipments to China in decades

The ecstasy of Javier Milei

The invasion is about to begin

Milei and nothing but Milei

Analysing Argentina’s bid to boost Vaca Muerta natural gas exports

Un jubilado se roció con nafta y quiso prenderse fuego en la sede del Pami Córdoba

Motosierra a los jubilados: los que ganen más de $388.500 no tendrán más medicamentos gratis de Pami

Dura complicación en la salud de Jorge Lanata: infección general y filtración de líquidos

Quién es la secretaria de Edgardo Kueider que lo acompañaba cuando fue detenido

La Armada Argentina informó el hundimiento de un ex buque de investigación en la Base Naval de Mar del Plata