Latest news of Buenos Aires Times

Milei, Reagan and the 20% enemy rule

21-12-2024 05:07 President Milei seems to be inverting Ronald Reagan’s equation – as in, disagree 20 percent of the time with me, and you are 80 percent my enemy.

by Marcelo J. García

The near in blood, the nearer bloody

21-12-2024 05:07 Time to stop being the snake biting its own tail and return to being the libertarian lion against the caste instead of co-opting it.

Brazil's 2026 elections, without Lula or Bolsonaro?

21-12-2024 04:46 Brazil's 2026 presidential election may offer a field of candidates featuring neither incumbent Luiz Inácio Lula da Silva nor far-right rival Jair Bolsonaro – a novel scenario for Argentina's giant neighbour.

Stories that caught our eye: December 13 to 20

20-12-2024 17:16 A selection of the stories that caught our eye over the last seven days in Argentina.

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.

Distressed fund wins key role in bankruptcy case of soy exporter Vicentin

19-12-2024 15:03 Esteban Nofal, who runs Cima Investments SA, has swept up almost 35% of Vicentin’s US$1.3 billion of unsecured debt from a group of global banks for just 11 cents on the dollar.

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.

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.

Hotesur-Los Sauces: Supreme Court confirms trial for Fernández de Kirchner

18-12-2024 17:05 Nation’s top tribunal knocks back an appeal presented by ex-president’s defence team and confirms case will head to trial.

Vélez may have stumbled to finish line, but are worthy champions

18-12-2024 15:55 If ‘El Fortín’ can keep this side together and strengthen in the summer, they have a great chance of fighting for honours again in 2025.

by Dan Edwards

Creditors agree to restructuring for Argentina’s Clisa

18-12-2024 14:34 Creditors agree to debt rework with Clisa, holding company behind Buenos Aires metro company operators.

Milei slams ‘dictator’ Maduro, demands release of detainee

17-12-2024 22:59 President Javier Milei on Tuesday demands immediate release of detained Argentine Border Guard officer from "criminal dictator" Nicolás Maduro's regime.

Milei vs Villarruel: Latest episode in ongoing feud

17-12-2024 13:29 In Victoria Villarruel’s camp, there is surprise at the Executive's attitude. A failed attempt at reconciliation as the Casa Rosada’s satellites launch a full-frontal assault on their own ally.

by Giselle Leclercq

Economy rebounded in Q3 but activity remains below 2023 levels

17-12-2024 10:12 Argentina’s economy grew by 3.9% in the third quarter compared to the previous months, but fell 2.1% year-on-year. Recovery marked by uneven performance across sectors.

Argentina weighs managed exchange rate once it lifts currency controls

16-12-2024 19:44 President Javier Milei's government is weighing whether to introduce a managed exchange rate regime — a “dirty float” — once it lifts its current foreign exchange controls in 2025.

Argentines says no politician would get New Year’s Eve invite

16-12-2024 15:18 With the holiday season in full swing, consulting firm Giacobbe y Asociados decided to ask Argentines which politician they’d like to invite to their New Year’s Eve festivities. The answer, unsurprisingly, was none of them.

Milei is still very much in charge

14-12-2024 15:37 The success or failure of the far-reaching programme Milei devised will depend on whether or not most members of the political fraternity have learned enough from their many errors.

by James Neilson

Lula’s age and health leave Brazil on edge about what comes next

14-12-2024 08:36 Brazil is pondering the future as Lula’s age and health become major parts of the political discussion and attention turns toward the next presidential election in 2026.

A busy week for corruption

14-12-2024 05:37 Edgardo Kueider’s situation is explicit, bombastic. But not uncommon in Argentine politics.

by Agustino Fontevecchia

Stories that caught our eye: December 6 to 13

13-12-2024 20:05 A selection of the stories that caught our eye over the last seven days in Argentina.

Tripartite showdown guarantees exciting end to gruelling season

13-12-2024 13:33 Not since 2014 have three teams reached the final day of the season with the chance to win the domestic title. Vélez Sarsfield, Talleres and Huracán are separated by just two points at the top for a showdown that promises drama.

by Dan Edwards

Entre Ríos lawmaker accused of money-laundering expelled from Senate

13-12-2024 13:29 Entre Ríos Senator Edgardo Kueider expelled from upper house while detained in Paraguay on suspicion of money-laundering; He and other detainee found with more than US$200,000 in cash as he attempted to cross border.

Argentines no longer love the dollar, thanks to Milei

12-12-2024 16:07 Argentines have preferred the US dollar over the Argentine peso for decades – Milei may have achieved what once looked unachievable.

JPMorgan plans to hire 1,500 workers for global hub in Argentina

12-12-2024 15:27 JPMorgan Chase & Co plans to add 1,500 workers to its Buenos Aires corporate center over the next five years. Argentina’s skilled workforce, English language proficiency and alignment with US time zones help make it a strategic hub.

Fernández de Kirchner takes on leadership of Partido Justicialista

11-12-2024 23:57 Former president Cristina Fernández de Kirchner formally takes over the chair of the Partido Justicialista.

Who was Milei’s audience?

11-12-2024 23:45 With an almost religious hope of 2025 being a growth year, President Milei used his first anniversary address to talk to the ‘círculo rojo’ business establishment and his run-off voters, with no concrete announcements for ordinary people.

by Javier Calvo

Students are turning on Milei after helping him win power

11-12-2024 14:18 President Milei derides universities as bastions of wokeness and elitism. But publicly funded higher education is a point of civic pride. Now, graduates are turning on Milei after helping him win power.

Trump trade war to hurt US farmers more as China turns to Brazil

11-12-2024 14:10 Donald Trump’s initial trade war with China devastated American soybean farmers, slashing exports by nearly 80%. As tensions mount for a possible reprise, the stakes are higher: China has diversified its agricultural imports, turning to Brazil, Argentina, and Australia for staples like soy, corn, and cotton.

Entre Ríos senator facing money-laundering probe requests leave of absence

10-12-2024 20:01 Entre Ríos Senator Edgardo Kueider requests leave of absence from upper house while detained in Paraguay on suspicion of money-laundering after being found carrying more than US$200,000 in cash across border.

Brazil President Lula 'stable' after emergency surgery

10-12-2024 17:15 Brazil's 79-year-old President Luiz Inácio Lula da Silva is recovering from emergency surgery after suffering an intracranial hemorrhage.

Copa América, Colapinto, INADI… Argentina’s most googled topics in 2024

10-12-2024 10:54 Copa América, INADI, Ley de Bases, Franco Colapinto, and ‘Gran Hermano’… the world’s leading search engine has revealed the topics that captured the attention of Argentines this year.

Key measures from Milei’s first year in office

10-12-2024 09:57 President’s first year in office was marked by drastic state cutbacks, the sharpest rise in poverty in two decades, an aggressive rhetoric and notable shift in foreign policy.

Pensioners the biggest losers of Milei’s first year in office

09-12-2024 13:20 Some five million retirees in Argentina receive just a minimum pension and bonus payment amounting to some US$320, just a third of the estimated living cost for an older adult.

One year in, Milei yet to fulfill key economic campaign promises

09-12-2024 12:53 Dollarisation, the removal of the ‘cepo,’ and the closure of the Central Bank – though he has tamed inflation, President Javier Milei has yet to deliver on key economic promises in his first year in office.

Year one: Milei surpassed expectations, but now faces high ones

07-12-2024 06:51 The question of whether Milei will be an anecdote or a new force that defines an era will largely begin to be answered in 2025. First and foremost, it will depend on the economy, and second — but by no means less important — on the midterm elections in October.

by Marcelo J. García

The year of the lion

07-12-2024 06:17 Milei’s first year in office has seen much more grey than its inflamed and somewhat arbitrary crusade against the “caste” of drab democratic politics would care to admit.

A year with Javier Milei

06-12-2024 17:00 President Javier Milei’s election last year marked a radical shift in Argentina’s history. We need to retool everything, integrating political analysis with technology and the vision of the world of people who interrelate by looking at screens, turning away from real faces.

by Jaime Duran Barba

Stories that caught our eye: November 30 to December 6

06-12-2024 15:29 A selection of stories that caught our eye over the last seven days in Argentina.

Milei: Mercosur has ‘ended up becoming a prison’ for members

06-12-2024 12:28 Argentina’s President slams Mercosur protectionism at summit and calls for "new formula" for regional bloc, stating it has been a “stumbling block to the progress of Argentines.”

Central Bank lowers rate to 32% on price expectations

06-12-2024 00:10 Argentina’s Central Bank cut its benchmark interest rate by 300 basis points to 32 percent as inflation expectations fall.