THE WEEK IN REVIEW Stories that caught our eye: June 27 to July 4 Yesterday 18:09 A selection of the stories that caught our eye over the last seven days in Argentina.
Background to YPF takeover YPF: How a firm was purchased with its own money, ending in a multi-billion-dollar lawsuit Yesterday 08:56 The Eskenazis family entered into YPF thanks to Néstor Kirchner without placing a dollar. The Grupo Petersen purchased shares with the promise to pay with the dividends. More than a decade on, the case in the US courts.
YPF NATIONALISATION CASE Argentina appeals US$16-billion YPF court ruling Yesterday 08:42 Argentina appeals US judge's order to hand over 51% of shares in YPF in expropriation case; Milei points finger at Kicillof, Fernández de Kirchner as fears over ruling impact grow.
FOOTBALL TRANSFERS River Plate rile rivals by breaking bank for Racing’s Maxi Salas Yesterday 07:15 Release clauses have long been understood to have a merely symbolic value in Argentina, an upper limit to negotiate for a player without forcing the seller’s hand – executing it is considered a breach of ethics and the unwritten code. by Dan Edwards
ECONOMIC WOES 'The stressed' – Argentina's ‘non-poor’ who can’t reach the end of the month under Milei Yesterday 06:58 The INDEC national statistics bureau does not consider them poor, but millions of Argentina can’t make it to the end of the month; New study by UCA’s poverty watchdog shines light on those living under “economic stress” by Agustina Bordigoni
POLITICS & SECURITY Lawyers demand release of anti-Espert ‘K’ protesters 03-07-2025 19:24 Legal teams, backed by the Centre for Legal and Social Stories, rights groups and Milei critics, allege arrests are part of a campaign of "judicial and media persecution."
ANALYSIS Lula hugs it out with Milei, but saves warm embrace for Fernández de Kirchner 03-07-2025 18:43 The sharp divides roiling Latin American politics were visible in a pair of hugs.
CRISTINA & THE COURTS Brazil's Lula pledges 'solidarity' as he visits house-confined Fernández de Kirchner 03-07-2025 18:34 Former president Cristina Fernández de Kirchner, condemned to house arrest as she serves a six-year jail term for corruption-related offences, hosts Brazil’s Luiz Inácio Lula da Silva at her apartment in Buenos Aires.
YPF NATIONALISATION CASE Investors see way for Milei to end fight over YPF 03-07-2025 16:43 Could there be a silver lining for Javier Milei in the multibillion-dollar US judgment targeting Argentina’s main oil producer?
DEADLY POLAR WAVE NGO reports nine cold-related deaths as polar wave slams Argentina 03-07-2025 09:53 Argentina's National Meteorological System recorded snowfall in several parts of the country this week as part of an extreme cold wave caused by a mass of air from Antarctica, which led to a sharp drop in temperatures; At least nine homeless people have died from the cold so far this winter, reports NGO.
FOREIGN POLICY & DIPLOMACY Milei reportedly ‘not interested’ in meeting Mercosur peers 03-07-2025 00:48 Government source tell reporters that Argentina’s president has little interest in meeting him Mercosur peers – though a bilateral with Paraguay’s Santiago Peña could take place.
No more love for Milei? Musk walks back chainsaw wielding display: ‘It lacked empathy’ 02-07-2025 20:52 Billionaire Elon Musk now regrets his chainsaw-wielding appearance with President Javier Milei, it seems...
MERCOSUR TRADE TALKS Mercosur, European EFTA bloc conclude talks on free-trade deal 02-07-2025 19:10 Mercosur and European Free Trade Association (EFTA) close negotiations over a free-trade agreement.
MERCOSUR TRADE DEAL Swiss-Norway group and South America’s Mercosur agree on free-trade deal 02-07-2025 18:17 European Free Trade Association of Switzerland, Norway, Liechtenstein and Iceland finalise free-trade agreement with Mercosur bloc.
CURRENCY MARKETS Peso weakens as seasonal bonus stokes dollar demand 02-07-2025 17:38 Peso weakens to 1,243 pesos per dollar during trading as seasonal demand for dollars picks up.
POLITICS & COURTS Court approves Lula’s visit to house-bound Fernández de Kirchner 02-07-2025 14:11 Federal judge approves Cristina Fernández de Kirchner’s request for Brazil’s leader Luiz Inacio Lula da Silva to visit her in Buenos Aires while she’s under house arrest.
MERCOSUR SUMMIT IN BUENOS AIRES Fate of EU free-trade deal looms as Milei hosts Mercosur summit 02-07-2025 12:54 Leaders of South America's Mercosur bloc will hold two days of talks in Buenos Aires, focused on a massive trade deal with the European Union being blocked by France.
ANALYSIS: SHOCK THERAPY Milei’s foreign-exchange shake-up has brokers moving into banking 02-07-2025 11:42 Brokerages are restructuring after President Javier Milei took away lucrative arbitrage opportunities that juiced their business when he rolled back capital controls.
CRISTINA & THE COURTS Fernández de Kirchner seeks permission for Lula visit under house arrest 01-07-2025 21:43 Cristina Fernández de Kirchner requests permission to host Brazilian President Luiz Inácio Lula da Silva for a visit while serving her six-year jail term under house arrest.
Elections 2025: Santa Fe Province Monteverde leads Peronism to first triumph in Rosario in half-decade 01-07-2025 19:14 Peronism emerges with victory in Rosario for first time in 52 years; Ruling party holds provincial capital.
ELECTIONS 2025: FORMOSA Insfrán and PJ scores landslide win in Formosa 01-07-2025 13:11 Governor Gildo Insfrán’s ruling party scores major victory, with Partido Justicialista taking 67% of votes for provincial deputies; Result likely to pave way for controversial reform of provincial constitution, another run for office for eight-term Peronist veteran.
US$16-billion court ruling Milei vows appeal amid fallout as US judge orders transfer of YPF shares 01-07-2025 11:12 President vows to appeal as US judge orders Argentina to hand over 51% of shares in YPF in expropriation case; Milei points finger at Kicillof, Fernández de Kirchner as fears over ruling impact grow.
DISCRIMINATION 'Discrimination': AFA slams 'anti-Semitic acts' by fans of All Boys 01-07-2025 09:55 Argentine football's governing body condemns "anti-Semitic" acts by fans of All Boys ahead of their match with Atlanta.
FRIENDS IN HIGH PLACES Milei’s actor friend runs state agency with multi-million-dollar budget 30-06-2025 17:16 AAICI trade body, led by ally and friend of President Javier Milei, received more funds than Garrahan Children’s Hospital over the past nine months.
GOVERNMENT & POLITICS Court strikes down Milei decree restricting right to strike 30-06-2025 15:15 Ruling says measure lacked urgency and bypassed Congress without any justification.
‘Mattress dollars’ INDEC reveals how many dollars Argentines have stashed away 30-06-2025 13:02 INDEC estimates the amount of cash stashed outside the traditional financial system fell by more than US$3 billion in the first quarter of the year from the preceding period.
MILEI'S CANINE CONTROVERSY Milei makes waves by taking his dog Conan to interview 30-06-2025 12:29 Javier Milei and Karina Milei make an appearance on a pet-themed charity livestream show with two dogs – including Conan, the allegedly cloned successor to the President's original late dog and spiritual confidant.
MERCOSUR SUMMIT IN BUENOS AIRES Milei to host Mercosur presidents amid tensions with Lula 29-06-2025 11:54 President will lead this week’s two-day two summit in Buenos Aires; Argentina’s leader to again push for a liberal shift in the South American trade bloc’s future.
Foreign policy & diplomacy Argentina condemns Iran's 'threats' against IAEA chief Grossi 29-06-2025 11:07 Argentina's Foreign Ministry expresses support for UN nuclear watchdog chief Rafael Grossi, stating it "categorically condemns the threats against him coming from Iran."
WATER AND ARGENTINA Where water runs dry, hope begins 29-06-2025 06:26 With over seven million compatriots without access to drinking water, the situation is becoming especially dramatic in the face of the extreme events arising from climate change. Nevertheless, persons and communities – especially the most vulnerable – are working together with NGOs to confront an increasingly hostile reality with creativity and communal effort. by Fernanda Sández
ENERGY & GAS Total gets offers for potential sale of Argentina shale oil assets 28-06-2025 18:12 France’s TotalEnergies SE is in talks with at least two suitors who have submitted bids for its shale oil assets in Argentina.
FOREIGN RELATIONS France and Argentina sign agreement on critical minerals 28-06-2025 10:29 New agreement designed to accelerate investment and cooperation in Argentina’s mining sector, which could become a key player in the global energy transition for France.
MALVINAS SOVEREIGNTY DISPUTE OAS calls for negotiations between Argentina, UK over Malvinas 28-06-2025 10:14 Organisation of American States (OAS) calls for London and Buenos Aires to resume negotiations "as soon as possible" in order to find a peaceful solution to the dispute over sovereignty of the disputed Malvinas (Falkland) Islands.
DIPLOMACY British ambassador hails bicentennial with Argentina in farewell bow 28-06-2025 09:51 Ambassador Kirsty Hayes looks to the past, present and future in her last event as London’s envoy in Buenos Aires, delivering a farewell speech that recognises 200 years of bilateral relations between UK and Argentina. by James Grainger
Analysing Argentina Milei’s Argentina: A tale of two pockets 28-06-2025 07:33 There is a “dollarised” Argentina doing well and a “pesofied” Argentina that is struggling. by Marcelo J. García
Campaign comments Midterms in midyear 28-06-2025 07:24 Given the total inability of the protagonists in Buenos Aires Province to get their act together, the midterms still four months away are looking more like candidates for “It’s the economy, stupid” than ever. by Michael Soltys
opinion and analysis Carnal relations 28-06-2025 06:01 Halfway between the ‘Conurbano’ and World War III. by Agustino Fontevecchia
the week in review Stories that caught our eye: June 20 to June 27 27-06-2025 17:41 A selection of the stories that caught our eye over the last seven days in Argentina.
Elections 2025 Milei launches La Libertad Avanza's campaign in Buenos Aires Province 27-06-2025 15:37 At LLA congress in opposition stronghold of Buenos Aires Province, Milei brands Governor Axel Kicillof “a junior Stalin” and frames regional vote as choice between “civilisation or barbarism.”
OBITUARY 'Mission: Impossible' composer Lalo Schifrin dies aged 93 27-06-2025 14:10 Buenos Aires-born composer Lalo Schifrin, who created themes for a host of hit Hollywood films and television shows, has died at the age of 93.
AGRICULTURE & ECONOMY Crop traders rush to secure Argentine cargoes as Milei perk ends 27-06-2025 14:03 Agriculture traders rush to get crop shipments on the books before government's tariff relief expires next week.
DEBT & BONDS Córdoba Province sells US$725 million of debt abroad 27-06-2025 13:51 Cordoba Province taps investors in the first international debt sale by a local government since President Javier Milei took office.
BUSINESS & BANKING Argentine fintech Tapi buys Mastercard unit in Mexico expansion 27-06-2025 13:15 Argentine payments services startup tapi has acquired the bill payment and cash-handling operations of Mastercard’s Arcus in Mexico, part of a bid to double-down on Latin America’s second-largest economy.
POLITICS Argentina to beef up Milei’s security for overseas travel 27-06-2025 13:02 Government will tighten security measures for President Javier Milei abroad against possible Iranian threats given Argentine leader’s support for Israel.
FOOTBALL IN ARGENTINA Boca's best efforts fall well short of expectations 26-06-2025 19:14 Boca’s boisterous fans deserve better than this current crop. As has so often been the case with the Xeneize, hope turned to despair and ridicule in the blink of an eye. by Dan Edwards
CRISTINA & THE COURTS Court says Fernández de Kirchner’s allies need authorisation to visit 26-06-2025 19:05 Kirchnerite legislators must seek authorisation from defence lawyers to visit Cristina Fernández de Kirchner in house arrest, rules court.
FOREIGN POLICY With same demands, isolated Milei prepares for Mercosur summit 26-06-2025 18:51 No bilateral meetings anticipated, but at the upcoming summit in Buenos Aires, there could be clashes with Luiz Inácio Lula da Silva – if not over their stance regarding the international situation involving Israel and Iran, then over the Brazilian leader’s potential visit to see Cristina Fernández de Kirchner serving house arrest.
AGRICULTURE & ECONOMY China imports Argentina soy meal in trial amid US tensions 26-06-2025 17:45 China has booked a rare shipment of soybean meal from Argentina amid an ongoing trade war with the United States.
BANKING & FINTECH UK fintech giant Revolut to acquire BNP’s Cetelem in Argentina 26-06-2025 14:46 Revolut, Europe’s largest digital bank, to acquire Argentina’s Banco Cetelem, a small local lender owned by BNP Paribas.
COURTS: AMIA BOMBING Judge orders trial in absentia for 10 suspects in 1994 AMIA bombing 26-06-2025 13:59 Argentina will try in absentia 10 Iranian and Lebanese nationals suspected of the deadly 1994 bombing of the AMIA Jewish community centre that killed 85 people.