News of luis caputo

Argentina ships gold bars abroad to be financially certified

02-09-2024 20:30 Argentina’s Central Bank sent part of its gold reserves abroad in recent weeks to be validated for financial use.

Argentina at risk of falling onto FATF money-laundering ‘grey list’

31-08-2024 05:54 President Javier Milei wants to introduce a ‘blanqueo’ whitewash amnesty for undeclared assets. But his plan could see Argentina fall foul of the Financial Action Task Force money-laundering watchdog. RIGI multi-billion dollar investment incentive scheme is also under scrutiny.

by Ariel Maciel

Inflation down on its all fours?

17-08-2024 05:39 The main obstacle to zero inflation is zero certainty as to the future.

Milei again rules out devaluation of peso in Council of Americas speech

14-08-2024 18:20 President Javier Milei defends his government and rules out devaluation of the peso in speech at a Council of the Americas forum.

No economising economists

13-07-2024 07:44 The atomisation of economic thinking prevails far beyond the ministerial level in Argentina.

by Michael Soltys

IMF denies there is ‘specific timetable’ for new Argentina deal

11-07-2024 16:48 Julie Kozack, the Fund's communications director, contradicts claims by Economy Minister Luis Caputo that talks about new financing deal are underway and an agreement could be sealed this year.

Caputo’s number two at Economy Ministry quits government

17-06-2024 16:09 Economic Policy secretary Joaquín Cottani resigns for personal reasons; Likely replace is Argentine-born Chilean economist José Luis Daza, who worked with Luis Caputo at JP Morgan and Deustche Bank.

Javier Milei and a tale of two Caputos

15-06-2024 06:20 President Milei’s administration has inaugurated a novel political dynamic in Argentina: unleashing an attack against their adversaries, almost breaking down any possibility of collaboration, before agreeing at the last second to concessions.

by Agustino Fontevecchia

Milei wins IMF staff support to unlock US$800 million

13-05-2024 12:07 IMF staff sign off on eighth review of Argentina’s US$44-billion programme, endorsing President Milei’s shock therapy programme and freeing up access to nearly US$800 million.

Central Bank cuts rates to 50% as Milei wrestles inflation down

02-05-2024 14:04 Central Bank cuts key interest rate for the third time in three weeks as officials bet on a sustained slowdown in consumer prices.

Caputo looks for funds for Argentina in Washington

19-04-2024 00:07 Economy Minister Luis Caputo is on the search for funds in Washington, seeking the US$15 billion President Javier Milei says Argentina needs to remove currency controls.

Central Bank chief Bausili among top officials headed to China

18-04-2024 18:02 Top government officials are preparing to visit China in the next few weeks as President Javier Milei ditches his aggressive rhetoric against Beijing in a bid to deepen ties with a key trade partner.

Gas prices set to rise sharply as Energy Secretariat prepares to trim subsidies

13-03-2024 17:48 Sources in Energy Secretariat anticipate new rates will be disclosed in next week; Energy companies have asked for rises above 500%.

Milei notches win as Argentina completes US$50-billion debt swap

13-03-2024 10:48 Government successfully swaps about 77% of peso debt due this year for longer-dated notes in the largest domestic debt rollover in Argentina’s history.

Argentina seeks breathing room with peso swap worth US$65 billion

11-03-2024 11:46 Government starting a record swap of peso-denominated debt Monday in a bid to roll over almost all of its 2024 maturities into the next four years.

Are two Caputos one too many for Milei?

02-03-2024 05:25 Foreign observers and investors welcome that Milei is a man on a mission to turn Argentina into a more open, more pro-market economy … but they don’t like conflict as the end itself, nor the Casa Rosada’s unwillingness to compromise.

by Marcelo J. Garcia

Milei’s ‘no money’ slogan put to the test – but is there patience?

22-02-2024 16:46 Enthusiasm abroad for Javier Milei's presidential project is not matched by growing unrest on the streets of Buenos Aires.

Milei’s ‘maquinita’ – How many pesos is Central Bank printing?

22-02-2024 15:31 Since Javier Milei entered the Casa Rosada as president, Argentina’s monetary authorities have continued minting the national currency – while altering its destination. Why is there talk of the "benign" printing of money?

by Martín Fernández Nadale

Milei, Caputo hail ‘deceleration’ as annual inflation rate exceeds 250%

15-02-2024 14:31 Consumer prices slowed in January to 20.6%, reveals INDEC national statistics bureau; Annual inflation rate reaches 254%.

Caputo: Failure of omnibus bill ‘doesn’t affect economic programme’

07-02-2024 16:53 Economy Minister Luis Caputo says inflation was around 20% in January and forecasts it will continue to decelerate over next two months.