News of argentina

Bessent: US working on new US$20-billion private-sector 'facility' for Argentina

Today 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.

ELECTIONS 2025

Santilli, Milei’s last-minute substitute, tries to clear ballot confusion

Today 14:23 Santilli, a lifetime politician who also once ran on a Peronist ticket, blames “political dinosaurs” for not letting the party put his face on a new ballot.

FREEDOM OF SPEECH?

United States revokes Argentine’s visa for ‘celebrating’ Charlie Kirk’s murder

Today 14:17 Washington clamps down on free speech, revoking visas of six foreign nationals who celebrated the assassination of right-wing activist Charlie Kirk; Among them, Argentine national Serena Luciano.

International football

Mac Allister and Martínez braces power Albiceleste win over Puerto Rico

Today 11:42 Alexis Mac Allister and Lautaro Martínez each scored two goals as Argentina routed Puerto Rico 6-0 on Tuesday.

POLITICS & ECONOMY

Trump says ‘we’re gone’ if Milei loses vote, rattling market

Yesterday 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.

WHITE HOUSE TALKS

'If he loses, we are not going to be generous' – Trump says support is conditional

Yesterday 22:09 "The situation is very clear: if the country strays from the path of freedom and returns to populism, the United States will stop supporting our country," warns President Milei in social media post.

GEOPOLITICS & DIPLOMACY

Trump says he’d be ‘very upset’ by Chinese military in Argentina

Yesterday 21:58 Trump’s comments about Chinese activity in Argentina come as President Javier Milei visits the White House.

US-ARGENTINA SUPPORT

Caputo says US Treasury will continue to support peso

Yesterday 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.

POLTICS & CONGRESS

Study: Milei issuing decrees at faster rate than last four governments

Yesterday 18:07 “From the exception to the rule” – report assesses administrations of Cristina Fernández de Kirchner, Mauricio Macri, Alberto Fernández and Javier Milei.

economic indicators

Inflation uptick continues, prices increased 2.2% in September

Yesterday 16:41 Prices rose by more than 2% last month, with inflation now reaching 22% in the first nine months of the year; Hikes over the past year total 31.8%.

MILEI AT WHITE HOUSE

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

Yesterday 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.

MONETARY POLICY

Milei team sends mixed FX policy signals ahead of Trump meeting

Yesterday 15:24 Since April, Argentina has let the peso float within a range as part of its agreement with the International Monetary Fund. However, authorities have intervened multiple times within the range.

US-ARGENTINA RELATIONS

Milei at White House: Trump says US help is dependent on win in midterms

Yesterday 15:21 Argentina's president makes long-desired visit to White House, but US President Trump says Washington's help is dependent on who wins elections.

MINING & INDUSTRY

Argentina approves major copper mining project in San Juan

Yesterday 13:14 McEwen Copper to invest US$2.67 billion in Los Azules project in the Andes through RIGI large investor incentive scheme.

ECONOMIC OUTLOOK

IMF downgrades Argentina 2025 growth forecast to 4.5%

Yesterday 12:57 International Monetary Fund worsens outlook for Argentina, projecting lower growth and higher inflation; GDP to grow 4.5% this year, says multilateral lender, with inflation reaching 41.3%.

CRIME & SECURITY

Body of missing young woman found in a pit at home in small Chaco town

Yesterday 11:21 Thirty-three-year-old male arrested on suspicion of murder; Remains of Gabriela Arací Barrios, who had been missing since last Sunday, discovered buried in cement-topped pit in a back yard of house.

POLITICS & ECONOMY

Great expectations as Milei jets to Washington for Trump meeting

13-10-2025 22:39 President Javier Milei travels to Washington to meet Donald Trump with markets anticipating announcements and progress towards a trade deal.

POLITICS (& ENTERTAINMENT)

Doubts remain over who financed Milei’s ‘rock show’ at Movistar Arena

13-10-2025 22:30 Questions remain unanswered over who exactly funded Javier Milei’s recent “show” at the Movistar Arena. His presidential spokesperson says it was “a private rally, paid for by the publishers” of his new book, but how did a small publishing house afford to spend hundreds of thousands of dollars hiring a 15,000-capacity venue?

US-ARGENTINA RELATIONS

Milei heads to White House for political, economic lifeline

13-10-2025 17:17 Argentina's president is banking on a high-profile show of political and economic support from his US ally President Donald Trump ahead of key midterm elections.

ECONOMIC OUTLOOK

IMF backs Argentina growth outlook as others trim forecasts

13-10-2025 15:54 International Monetary Fund retains projection of 5.5% increase in GDP this year; World Bank, OECD and FocusEconomics warn of slower growth, peso weakness despite early signs of stabilisation.

US-ARGENTINA SUPPORT

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.

GEOPOLITICAL ROW

China accuses US of bullying after Bessent’s Argentina comments

12-10-2025 09:05 Beijing's Embassy in Buenos Aires accuses Washington of Cold War-era intervention in Latin America after US Treasury Secretary Scott Bessent suggests President Milei is “committed to getting China out.”

ELECTIONS 2025

Electoral court rules Santilli will lead LLA list in Buenos Aires Province

11-10-2025 17:57 Argentina’s National Electoral Chamber overturns federal judge’s previous decision and rules PRO deputy Diego Santilli should top La Libertad Avanza’s list in Buenos Aires Province following José Luis Espert’s resignation amid scandal.

Analysis

Investment or political marketing? Analysing OpenAI’s Argentina announcement

11-10-2025 09:36 Announcement by President Javier Mileil’s government of plans to create a mega AI data centre in Patagonia raises questions about its feasibility and geopolitical aims.

INTERNATIONAL FOOTBALL

Lo Celso scores only goal as Argentina defeat Venezuela in Miami

11-10-2025 07:48 Giovani scores only goal of the game in Albiceleste's 1-0 win against Venezuela; No appearance from skipper Lionel Messi.

Editorial

The jaws of defeat

11-10-2025 06:00 The biggest unknown in these midterms is surely how many citizens are going to turn out to vote in the first place.

POLITICS & CORRUPTION

Espert for President!

11-10-2025 06:00 José Luis Espert’s fall from grace was dramatic, portentous. In just a few weeks, he went from one of the pillars of Javier Milei’s government to a political outcast.

by Agustino Fontevecchia

CAMPAIGN COMMENTS

‘Panic Show’ name of the game

11-10-2025 06:00 We are told that the choice is “libertad or kirchnerismo” but neither libertarians nor Kirchnerism will be able to do very much with the 110 of the 257 seats accruing to whoever wins – Argentina’s middle ground has far less seats than Brazil’s "centrão" but could carry equivalent clout.

by Michael Soltys

The Week in Review

Stories that caught our eye: October 3 to 10

10-10-2025 18:24 A selection of the stories that caught our eye over the last seven days in Argentina.

TECH & INVESTMENT

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.

US-ARGENTINA BAILOUT

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.

US REACTION

Warren asks hedge fund group if it played Argentina bailout role

10-10-2025 13:44 Democratic US Senator Elizabeth Warren seeks information from hedge funds and asset managers over Washington's bailout of Argentina.

ANALYSIS

Bessent’s big gamble on Argentina has a narrow road to pay off

10-10-2025 10:01 For Scott Bessent’s US$20-billion bet on Argentina to pay off, a lot of things have to go right.

POLLING & SURVEYS

Trump lifeline does little to boost Milei with voters in Argentina

10-10-2025 09:47 Trump’s financial assistance for Argentina may be enough to shore up local markets, but it’s doing little to boost President Milei’s standing with voters.

WASHINGTON'S RESCUE PACKAGE

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.”

NUCLEAR SECTOR

Nucleoeléctrica sell-off: Discontent in nuclear sector over Milei’s ‘geopolitical’ turn

09-10-2025 18:15 Halting the CAREM project, freezing plans to build the Atucha III and IV plants and entry into Washington’s FIRST programme all add up to a dramatic shift for Argentina’s nuclear sector. Critics accuse the government of violating “technological sovereignty” in favour of foreign interests.

by Cecilia Degl'Innocenti

AGRICULTURE & ECONOMY

La Niña forecast raises early alarm bells for Milei’s Argentina

09-10-2025 15:24 Alarm bells are ringing in Argentina, where La Niña can cause heat waves and droughts that affect the country's main soybean and corn crops.

TRIPLE MURDER

Triple murder probe: Most suspects now in custody, prosecutor says

09-10-2025 15:16 Testimony from one detinee helps “clarify role of suspects”; Police report reveals alleged ringleader “Pequeño J” entered country from Uruguay in late August.

PRESIDENTIAL SHOW

How President Milei put crisis on hold to play rock star

09-10-2025 14:10 Head of state pretends to be rock star at bizarre book launch show in bid to revive sagging fortunes; After shouting his way through brief set, Milei talks economic policy, slams the left and talks up his “miracle” in Argentina.

Copa U-20 Results

Argentina and Colombia advance to Under-20 World Cup quarters

09-10-2025 12:28 Argentina and Colombia secure their spots in the U-20 quarter-finals with wins over Nigeria and South Africa, respectively.

POLITICS & CONGRESS

Congress votes to restrict Milei's ability to govern by decree

09-10-2025 09:24 Lawmakers deal another blow to Milei, approving a law that will limit the use of presidential decrees and make them easier to overturn.

INTERVIEW

Maximiliano Pullaro: ‘The truth is people are doing very badly’

09-10-2025 08:57 Santa Fe Province governor and member of Provincias Unidas voices concern over unrest and criticises the government’s disconnect with the nation’s economic reality. “The President shows himself as a rockstar, when we’re not doing well,” he complains.

by Jorge Fontevecchia

ESPERT-MACHADO SCANDAL

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.

TRUMP IMPACTS SELECCIÓN

Argentina match moved from Chicago amid Trump immigration stand-off

08-10-2025 22:54 Football match between Argentina and Puerto Rico is being relocated to Florida from Chicago, a day after the Texas National Guard arrived in the third-largest US city.

Currency woes

Milei’s dollar sales bolster the peso but stoke devaluation bets

08-10-2025 16:33 Investors are betting that President Javier Milei will devalue the peso after midterm elections this month.

CFK ASSASSINATION ATTEMPT

Fernández de Kirchner’s would-be assassin given 10-year jail term

08-10-2025 15:16 Fernando Sabag Montiel sentenced to 10 years in prison for the failed attempt to assassinate former president Cristina Fernández de Kirchner. His former girlfriend, Brenda Uliarte, received an eight-year sentence for her role in the attack. The third accused, Nicolás Gabriel Carrizo, was acquitted.

$LIBRA CRYPTO SCANDAL

‘$LIBRA’ case: Prosecutor seeks probe of Javier and Karina's phones

08-10-2025 14:40 Federal prosecutor Eduardo Taiano has ordered an investigation into the communications of the President, his sister and others accused of promoting the alleged cryptocurrency fraud.

POLITICS & CORRUPTION

Scandal-hit lawmaker Espert seeks leave of absence from lower house

08-10-2025 14:31 La Libertad Avanza national deputy, now facing money-laundering probe over links to suspected drug-trafficker and fraudster, requests leave of absence until December 8 – two days before his term in office ends.

ANALYSIS: SHOCK THERAPY

Milei pulls out all stops in defence of fragile peso

08-10-2025 13:33 After burning through billions of dollars in reserves, Argentina’s government is getting creative and finding new alternatives to defend the peso.