News of luis

Argentina remembers the ‘Heist of the Century,’ 20 years on

13-01-2026 12:01 Two decades ago, a criminal gang entered a branch of Banco Río in San Isidro, taking 23 people hostage. In a daring operation involving underground tunnels, inflatable rafts and fake weapons, they managed to outwit 300 police officers and escape – albeit temporarily – with bagfuls of cash and jewellery. Twenty years on, only around US$1.5 million has ever been recovered, with the fate of the rest of haul unknown.

Argentina used multilateral funds to repay US$2.5 billion US swap

12-01-2026 23:39 Milei government secured financing from an unnamed multilateral institution to repay US$2.5 billion to the US Treasury from a currency swap agreement.

Santander, BBVA, Deutsche lead US$3-billion repo for Argentina

07-01-2026 13:35 Argentina secures US$3-billion loan from a group of international banks to help cover a foreign debt payment; Central Bank reaches a one-year repurchase agreement – or repo – with lenders at rate of 7.4%.

Milei euphoria drives Argentina sovereign risk to seven-year low

05-01-2026 22:58 Investors are betting that Milei's increased support in Congress will help him push through a new wave of deregulation, overhaul labour and tax laws and cut spending.

Milei’s tactical retreat and the liquid contours of power

20-12-2025 08:48 Milei’s libertarians have grown in owned legislative muscle, they still need from circumstantial allies and provincial governors to pass legislation.

by Agustino Fontevecchia

Wide open field for Milei

20-12-2025 07:44 A libertarian but not a “libertidiot,” as he likes to say, Milei seems to have picked security rather than risk for the new stage of his administration. It is a good choice.

by Marcelo J. García

Argentina moves closer to bond market return with peso pivot

16-12-2025 22:08 Central Bank will begin to gradually unwind the tight grip it keeps on the currency starting January; Officials also say they’re going to start buying dollars to boost the Central Bank’s cash stockpile.

Milei names new chief as head of ARCA tax bureau resigns

16-12-2025 08:21 Juan Pazo, head of ARCA (ex-AFIP) tax bureau steps down to return to private sector; Government names head of DGI tax inspectorate, Andrés Edgardo Vázquez, as replacement.

Argentina’s dollar bond sale tests foreign demand under Milei

10-12-2025 15:39 A bond sale planned for Wednesday may be a small step for Argentina’s government at home, but a major move toward a potential return to international debt markets.

Argentina trims export duties for agricultural products

09-12-2025 14:28 Economy Minister Luis Caputo announces “permanent reduction” in export duties for soybeans, maize, wheat and other crops, including derivatives.

Caputo: Argentina negotiating loan of up to US$7 billion with banks

03-12-2025 23:33 Economy Minister Luis Caputo confirms negotiations with private banks are ongoing over an amount equivalent to US$7 billion.

Argentina readies return to foreign bond market

03-12-2025 15:46 Argentina, the serial defaulter, wants to return to international bond markets; Approval of labour and tax reforms by new Congress could be the trigger.

Milei puts military back in charge of defence after 42 years of civilian rule

23-11-2025 09:57 President Javier Milei names Lieutenant General Carlos Presti, current head of the Army, as Argentina’s new defence minister; Opposition criticises move as "step backwards"; Since December 1983, when Raúl Alfonsín began his Presidency following the end of military dictatorship, all post-holders have been civilians.

Milei signs deal with Chubut to scrap export duties on conventional oil

20-11-2025 16:50 National government and Chubut Province sign agreement to eliminate export duties on conventional crude oil; Province will revise royalties and companies will maintain their investments.

Libertarian bliss and Macri’s shadow

15-11-2025 05:40 Macri felt invincible in the aftermath of the 2017 midterm victory, as does the President today. But hubris is a dangerous ailment for victorious politicians.

by Agustino Fontevecchia

Are second parts never any good?

15-11-2025 05:00 Ever since the petrodollars gobbled up by the 1976-1983 military dictatorship, the grim sequence of debt, default and debacle has been an all too central part of Argentina’s decline.

Milei keeps the peso from driving huge price hikes

12-11-2025 10:59 Shoppers increasingly stick to essentials and foot traffic is thinning, limiting the ability of businesses to raise prices.

Caputo tells bankers Argentina to build reserves, buy back bonds

10-11-2025 10:53 Economy Minister Luis Caputo tells investors Argentina plans to buy back sovereign bonds and start accumulating foreign reserves even while the peso trades within its band.

Milei delays Cabinet changes after electoral triumph

30-10-2025 00:27 President says that he may avoid further modifications until change of Congress on December 10.

Wall Street banks say Milei now has a chance to freely float peso

27-10-2025 17:57 Financial giants see a favourable scenario for Argentina to move towards a floating exchange rate for the peso and reignite a plan to rebuild reserves.