News of states

Milei and the master of the universe

Today 06:18 Trump is different: he wants everyone on planet Earth to know that his or her personal fate depends on him. By behaving the way he does, he has put Argentines in a bind.

by James Neilson

Argentine FX traders estimate US Treasury sold over $200 million

Yesterday 19:05 US Treasury bought more pesos Friday than it had in any other session, traders estimate; Currency continued to lose value despite Washington's support.

Argentines dump the peso, betting US rescue is doomed to fail

16-10-2025 19:05 Argentines are convinced that even a flood of cash from the United States won’t be able to stop another painful devaluation of the peso.

Critics accuse Milei of ‘compromising sovereignty’ with Trump

16-10-2025 17:50 Jorge Taiana, top Fuerza Patria candidate in Buenos Aires Province, accuses Milei government of compromising A"Argentine sovereignty in the medium and long term."

Summers ‘nervous’ about Bessent’s novel rescue for Argentina

15-10-2025 22:08 Former US Treasury secretary Lawrence Summers is "withholding judgment" on Donald Trump administration’s rescue plan for Argentina.

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.

Caputo says US Treasury will continue to support peso

14-10-2025 21:54 US Treasury is still finalising details of the swap line, but a decision to make it available to Argentina has already been made, Caputo told reporters in Washington.

US President says he’ll discuss trade deal with Milei, defends lifeline

14-10-2025 16:04 US President Donald Trump says he will discuss a potential free-trade agreement with Argentina during White House talks with President Javier Milei.

Caputo says US willing to keep buying pesos

13-10-2025 15:07 United States “is willing to continue buying pesos and bonds, and all options are on the table,” says Economy Minister Luis Caputo.

US lifeline buys Argentina time as investors urge overhaul

13-10-2025 14:58 US$20-billion lifeline will keep Javier Milei from being engulfed by a currency crisis in the run-up to key mid-term elections. The outlook after the vote is less clear.

OpenAI, Sur Energy to build massive AI data centre in Patagonia

10-10-2025 16:07 US tech firm OpenAI and Argentine firm Sur Energy sign letter of intent for US$25-billion investment in artificial intelligence; Companies plan joint venture to develop Stargate Argentina, a massive AI infrastructure project that will include a data centre in Patagonia.

Santander plays key role as US buys Argentine peso to back Milei

10-10-2025 13:48 When US Treasury Secretary Scott Bessent decided to buy Argentine pesos, it didn’t turn to a US bank.

United States buys pesos, confirms US$20-billion lifeline for Milei

09-10-2025 18:26 Washington steps in to save Milei with direct purchase of pesos and a US$20-billion currency swap; US Treasury Secretary Scott Bessent ready to take “exceptional” measures to stabilise Argentina’s economy in the face of "acute illiquidity.”

US report on Machado funds poses uncomfortable questions for Bullrich

09-10-2025 01:05 US government report by Homeland Security indicates that Machado had already been linked to drug-trafficking and money-laundering in 2021.

New US ambassador: Firms on brink of 'unprecedented’ investment in Argentina

06-10-2025 17:44 Peter Lamelas, incoming US ambassador to Argentina, claims US companies and “Western world” are on the verge of investing an unprecedented amount of capital.”

Hunted by a red October

04-10-2025 06:26 The last few days have shown Trump’s support to be insufficient to overcome the loss of confidence in the libertarian administration, a problem which the midmonth snapshot with the Republican in Washington planned by Milei is hardly likely to change.

Bessent says United States ‘not putting money’ in Argentina, touts swap

02-10-2025 16:48 US Treasury Secretary Scott Bessent reiterated support for Argentina on Thursday, but later warned any aid wouldn’t involve outright US investment.

US Treasury chief issues second message of support for Milei's Argentina

02-10-2025 12:03 US Treasury Secretary Scott Bessent says Washington is "fully prepared to do what is necessary" in support of Milei as he confirms Argentina is key to “maintaining a US strategic interest in the Western Hemisphere.”

Milei’s financing assurances briefly lift bonds, peso

30-09-2025 14:03 President says Argentina has secured financing through the end of next year and is working on longer term plans, giving a brief boost to the nation’s assets.

Argentina: Trump will host Milei at White House on October 14

30-09-2025 13:53 US President Donald Trump to host President Javier Milei at the White House on October 14 – less than two weeks before Argentina’s head of state faces key nationwide elections.