News of argentina government

Milei’s veto prevails as Congress pivots on key bill

Today 17:06 President Javier Milei’s veto of legislation that would have increased social security spending prevailed Wednesday after government lobbying efforts chipped away at the measure’s support.

CONGRESS & POLITICS

Congress debates Milei veto of pensions increase

Today 13:37 Lawmakers in the lower house open debate on whether to overturn President Javier Milei's veto of a bill to increase pensions, amid heavy security due to a planned protest.

ECONOMY – ANALYSIS

Nine months in, the economic data alarming Milei's government

09-09-2024 22:25 President Javier Milei has closed the third quarter of his administration with Argentina’s economic activity in poor health. He has notched up some achievements – exchange rate stability and a slowdown in inflation, for example – but the loss of purchasing power and increased unemployment are worrying.

by Gonzalo Martínez

ypf nationalisation case

US says it may weigh in on Burford’s US$16-billion Argentina award

09-09-2024 21:08 United States government “actively considering” whether to file statement of interest with courts concerning Burford Capital’s efforts to collect a US$16-billion judgment against Argentina over nationalisation of state oil firm in 2012.

ECONOMY & POLITICS

Argentines rush to deposit cash savings as part of Milei policy

09-09-2024 15:08 Dollar deposits have surged 40 percent to US$19.8 billion since he took office December 10, marking the highest levels since late 2019, according to Central Bank data.

THE PRESIDENT'S PRESENTS

Underwear and a 'Socialism kills' mug – the oddest gifts received by President Milei

09-09-2024 12:08 During his nine months in office, Argentina's President Javier Milei has made 19 trips abroad. He's also been gifted some strange items by the heads of state, business leaders and fans he's bumped into.

EDITORIAL

Making public private

07-09-2024 05:55 Not the first contradiction with its self-image but a government calling itself libertarian and seeking to restrict access to public information is really starting to take the biscuit.

ANALYSING ARGENTINA

Decisions Milei refuses to make

07-09-2024 05:52 Milei will eventually pay the political price for the decisions he fails to make today. His current popularity, buoyed by the perception that recession is the lesser evil compared to rampant inflation, won’t last forever.

by Marcelo J. Garcia

POLITICS & ECONOMY

Milei, CFK spat on social media over Argentina’s economic direction

06-09-2024 21:47 Cristina Fernández de Kirchner and Javier Milei play out dispute on social media.

BUSINESS & INVESTMENT

Mercado Libre founder vows US$75-million investment as he hosts Milei

05-09-2024 11:41 President Javier Milei received by Mercado Libre founder Marcos Galperin as he visits offices of tech giant; Entrepreneur, who is gripped in a “cartelisation” battle with Argentina’s banks, says US$75-million investment will create 2,300 new jobs at logistics centre.

CUTBACKS AT STATE AIRLINE

Adorni: 1,500 jobs cut at Aerolíneas Argentinas in six months

04-09-2024 17:33 Milei administration has reduced the size of flagship carrier’s payroll by 13%, says presidential spokesperson.

POLITICS

Milei’s move to limit access to public information condemned

04-09-2024 16:52 Milei’s decree limiting access to public information sparks widespread repudiation in Argentina; Executive Branch introduces changes to current legislation including a redefinition of the concept of “public information” that offers greater “protection” for government officials and prevents publication of "working papers."

FOOTBALL & POLITICS

Court blocks Milei’s privatisation plan for Argentina’s football clubs

04-09-2024 15:20 President’s decree forcing football governing body AFA to accept private capital into nation’s football clubs blocked by injunction until definitive ruling issued by courts.

POLITICS – ANALYSIS

Behind the Milei-Jorge Macri deal – and the influence of Mauricio

04-09-2024 12:09 Meetings between President Javier Milei and PRO party chairman Mauricio Macri have served to calm tempers and put an administration which had become entangled back on track.

by Pablo Varela

POLITICS & ECONOMY

Javier Milei and Jorge Macri seal deal transferring 31 bus lines to City

04-09-2024 12:02 Mayor confirms that there will be no fare increase despite the loss of national subsidies after signing deal formalising transfer control of more than 30 bus lines to Buenos Aires City government.

POLITICS & CONGRESS

President vetoes pension bill amid congressional tension

02-09-2024 13:45 President vetoes bill that would force Argentina’s government to boost pension payments, laying bare growing tensions between his La Libertad Avanza party and its allies in Congress.

POLITICS & CONGRESS

Milei strikes down pension bill forcing government to boost payments

02-09-2024 13:16 President Javier Milei signs decree striking down pension reform bill passed by both houses of Congress; Government begins bid to persuade lawmakers not to overturn veto.

EDITORIAL

Libertarian entrapment

31-08-2024 05:21 The paradox of a libertarian government revering the free market while unable to exit bureaucratic Kirchnerite capital controls has already drawn comment but the reduction of the PAIS tax exposes another contradiction.

CULTURE & POLITICS

City Hall boots Telerman out from Teatro Colón top role

28-08-2024 23:06 Among the motives, strong differences between the ex-City mayor Telerman and Culture Minister Gabriela Ricardes; Mayor Jorge Macri’s request for austerity.

by Claudio Corsalini

CULTURE

Julio Bocca named new director of Teatro Colón

28-08-2024 22:56 World-famous ballet dancer will replace Jorge Telerman at the helm of Buenos Aires’ most famous theatre, along with Gerardo Grieco.

ECONOMY – ANALYSIS

Milei lowers key import tariff to cool inflation

28-08-2024 10:35 Economy Minister Luis Caputo announces government will lower levy known as 'PAIS tax' from 17.5% to 7.5%.

POLITICS & ECONOMY

Privatisations, relaunches and retirements – Milei’s plan for state media

26-08-2024 19:14 President Javier Milei has managed to shutter the Télam news agency and is attempting to downsize and sell off a host of Argentina’s state media outlets – but are his plans working? And what is the “relaunch” his administration is planning?

by Julian D'Imperio

BEYOND THE HEADLINES

Worthy of their hire?

24-08-2024 05:31 Two other leading issues this past week – the senatorial pay hike and Congress rejection of the 12-digit SIDE intelligence booster. Nothing is black and white but try convincing most people otherwise.

by Michael Soltys

Congress & Politics

Milei clashes with Senate over pensions, vows to veto increase

23-08-2024 14:27 President Javier Milei announced Friday he will veto pension increases approved by the Senate the previous day, branding those who voted for the boost "fiscal degenerates."

ECONOMY & FOREIGN POLICY

Argentina, US ink accord for ‘cooperation on critical minerals’

23-08-2024 13:31 Argentina and the United States sign memorandum of understanding to strengthen production of "critical minerals" such as lithium that are essential for the energy transition.

POLITICS & CONGRESS

Senate passes new pension formula in defiance of Milei

22-08-2024 19:00 Senators approve bill that defies President Javier Milei’s bid to balance government’s books by reworking how pension payments are calculated.

POLITICS & CONGRESS

Yelling, complaints, expulsion threats – crisis erupts in La Libertad Avanza

22-08-2024 15:45 Ruling party’s lower house caucus thrust into chaos as furious shouting draws attention; La Libertad Avanza deputy insulted by party colleagues for having presented a criminal denunciation of lawmakers’ recent visit to dictatorship-era criminals jailed at Ezeiza prison.

ECONOMIC INDICATORS

Economy contracted in June, recession grinds on

21-08-2024 23:36 Argentina’s economy unexpectedly contracted in June, shrinking for the fourth time in six months.

POLITICS & CONGRESS

Blow for Milei: Opposition teams up with PRO to block intelligence funds

21-08-2024 23:05 In a heavy blow for the Milei government, deputies in lower house repeal decree assigning over 100 billion pesos “to boost the national intelligence system” by 156-52 vote with six abstentions.

FOREIGN POLICY & DIPLOMACY

Mondino faces virtual paralysis of Argentina’s diplomatic corps

21-08-2024 12:48 Union grouping Foreign Service employees launches strike action to press a series of pay demands. Government’s restoration of income tax has a heavy impact on the salaries of those representing the country abroad.

by Pablo Varela

EDUCATION

Teaching staff at public universities stage 48-hour strike

20-08-2024 12:06 Strike at state universities gets underway with no classes scheduled for Tuesday and Wednesday; Unions claim the government's wage renegotiation proposal is insufficient as Milei administration looks to cut costs.

Editorial

Inflation down on its all fours?

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

BLOOMBERG - ANALYSIS

Javier Milei's popularity survives his chainsaw cuts in Argentina

16-08-2024 11:34 Argentina’s libertarian president came to power promising to slash spending. Voters are suffering, yet polls show his support endures — for now.

SPORTS OWNERSHIP BATTLE

Milei orders AFA football authorities to accept privately owned clubs

15-08-2024 13:50 New government decree signed by Javier Milei advances move to introduce private limited companies into the local football ecosystem; President gives AFA, federations and clubs one year to change statutes and allow "sporting corporations" into league pyramid.

POLITICS

Milei’s political rivals are rocked by a domestic abuse scandal

09-08-2024 16:44 Analysts say domestic abuse allegations against President Javier Milei’s predecessor boost libertarian leader’s popularity.

SOCIETY & POVERTY

Thousands march on the Day of San Cayetano, patron saint of bread and work

07-08-2024 19:39 Annual Catholic march sees demonstrators voice criticism of President Milei’s government.

SEARCH FOR FUNDS

Argentina discusses raising US$1 billion through Santander

07-08-2024 19:34 President Javier Milei’s government in talks with Banco Santander for potential loan ahead of debt payment.

POVERTY

Rising poverty to impact life expectancy, child mortality rates

02-08-2024 17:23 With poverty and extreme poverty on the rise, specialists warn that worsening economic conditions and spending cuts could lead to an increase in child mortality rates and slump in life expectancy.

by Agustina Bordigoni

POLITICS & ECONOMY

Milei’s shock therapy ignites ‘brutal’ income inequality

20-07-2024 18:44 President Javier Milei’s economic overhaul is driving up income inequality in Argentina, testing just how much “shock therapy” his constituents can bear.

INTERVIEW / PERIODISMO PURO

Andrés ‘Cuervo’ Larroque ‘We are in one of the deepest crises in Peronism’s history’

19-07-2024 06:17 Andrés Larroque, Community Development minister for Buenos Aires Province, reflects on the crisis facing Peronism, his links to La Cámpora and President Javier Milei’s government.

by Jorge Fontevecchia

EDITORIAL

Between Tucumán and Asunción

13-07-2024 07:44 President Milei’s decision to skip the Mercosur summit does more to compromise Argentina’s future than his photograph and 10-point pact does to advance it.

POLITICS – ANALYSIS

Milei the preacher

13-07-2024 07:24 For now, President Milei retains his popularity, but it seems as if the model is beginning to run out of steam.

by Agustino Fontevecchia

POLITICS & ECONOMY

Milei dials back shock therapy to keep Argentina’s inflation in check

12-07-2024 12:44 President Javier Milei is tapping the brakes on his shock therapy programme in a bid to hold on to popular support amid Argentina’s bleak economic reality.

IMF ON ARGENTINA

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.

POLITICS & ECONOMY

Milei talks unity but shows up division with ‘symbolic’ pact

09-07-2024 15:52 President Javier Milei hails “symbolic of a change in era” as he inks his ‘Pacto de Mayo’ with 18 regional leaders at midnight ceremony in Tucumán. But amid a patriotic show of unity, his tone and absences highlight division.

by James Grainger

POLITICS – ANALYSIS

Milei under pressure for the first time

06-07-2024 05:59 If the doubts regarding Milei’s capacity to preside over Argentina were tied to governability risk, Caputo’s are connected to credibility risk: it’s difficult to see how the current policy framework can be sustainable in time.

by Agustino Fontevecchia

POLITICS

Tussle for Peronist protagonism clashes with calls for unity

05-07-2024 15:27 Former presidential candidate Sergio Massa will break his silence on the first Saturday of August with criticism of Javier Milei’s government. Buenos Aires Province Governor Axel Kicillof continues to raise his national profile, with next year’s battles being brought forward.

by Rosario Ayerdi

CABINET APPOINTMENT

Milei taps former Central Bank chief to deregulate Argentina

05-07-2024 13:43 Federico Sturzenegger will lead a new Deregulation & State Transformation Ministry in President Javier Milei's government.

ECONOMIC INDICATORS

Social indicators cast doubt over Milei's 'catastrophe' averted claim

04-07-2024 13:09 President Javier Milei recently stated that the government’s social policy is “extremely good” and it had help prevent a “catastrophe.” Yet the government's own data and reports produced by private institutions indicate most social indicators have recorded a step backwards since he took office.

by Agustina Bordigoni

ECONOMY & POLITICS

Argentina officials move to shore up bank support for debt plan

01-07-2024 15:35 Economy Minister Luis Caputo and Central Bank Governor Santiago Bausili sought to shore up support Monday in a meeting with executives from private banks for a monetary policy pivot announced late Friday.

News of argentina government

Milei’s veto prevails as Congress pivots on key bill

Congress debates Milei veto of pensions increase

Nine months in, the economic data alarming Milei's government

US says it may weigh in on Burford’s US$16-billion Argentina award

Argentines rush to deposit cash savings as part of Milei policy

Underwear and a 'Socialism kills' mug – the oddest gifts received by President Milei

Making public private

Decisions Milei refuses to make

Milei, CFK spat on social media over Argentina’s economic direction

Mercado Libre founder vows ​​US$75-million investment as he hosts Milei

Adorni: 1,500 jobs cut at Aerolíneas Argentinas in six months

Milei’s move to limit access to public information condemned

Court blocks Milei’s privatisation plan for Argentina’s football clubs

Behind the Milei-Jorge Macri deal – and the influence of Mauricio

Javier Milei and Jorge Macri seal deal transferring 31 bus lines to City

President vetoes pension bill amid congressional tension

Milei strikes down pension bill forcing government to boost payments

Libertarian entrapment

City Hall boots Telerman out from Teatro Colón top role

Julio Bocca named new director of Teatro Colón

Milei lowers key import tariff to cool inflation

Privatisations, relaunches and retirements – Milei’s plan for state media

Worthy of their hire?

Milei clashes with Senate over pensions, vows to veto increase

Argentina, US ink accord for ‘cooperation on critical minerals’

Senate passes new pension formula in defiance of Milei

Yelling, complaints, expulsion threats – crisis erupts in La Libertad Avanza

Economy contracted in June, recession grinds on

Blow for Milei: Opposition teams up with PRO to block intelligence funds

Mondino faces virtual paralysis of Argentina’s diplomatic corps

Teaching staff at public universities stage 48-hour strike

Inflation down on its all fours?

Javier Milei's popularity survives his chainsaw cuts in Argentina

Milei orders AFA football authorities to accept privately owned clubs

Milei’s political rivals are rocked by a domestic abuse scandal

Thousands march on the Day of San Cayetano, patron saint of bread and work

Argentina discusses raising US$1 billion through Santander

Rising poverty to impact life expectancy, child mortality rates

Milei’s shock therapy ignites ‘brutal’ income inequality

Andrés ‘Cuervo’ Larroque ‘We are in one of the deepest crises in Peronism’s history’

Between Tucumán and Asunción

Milei the preacher

Milei dials back shock therapy to keep Argentina’s inflation in check

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

Milei talks unity but shows up division with ‘symbolic’ pact

Milei under pressure for the first time

Tussle for Peronist protagonism clashes with calls for unity

Milei taps former Central Bank chief to deregulate Argentina

Social indicators cast doubt over Milei's 'catastrophe' averted claim

Argentina officials move to shore up bank support for debt plan

Milei cuts Caputo, decides to present Budget bill to Congress personally

Argentina bullish on lithium amid increase in production

Top firms in Argentina backing F1 rookie Franco Colapinto

Colombia avenge Copa América loss with 2-1 victory over Argentina

Kamala Harris and Donald Trump meet in high-stakes US presidential debate

Harris y Trump, cara a cara: los cruces personales, las opiniones sobre el aborto, las guerras y el enojo del republicano

Encuesta: miden por primera vez a Lilia Lemoine, la diputada influencer que preocupa al oficialismo

Los municipios ya no podrán incluir impuestos y tasas en las facturas de servicios públicos

Mayra Mendoza cruzó a Luis Caputo: "Ahora entiendo por qué Javier Milei decía que usted era un inútil"

Tarjeta Alimentar: el Gobierno elevó la edad de 14 a 17 años para los beneficiarios

Mercado Libre founder vows US$75-million investment as he hosts Milei