News of argentina united states

Trump showers Milei with praise after clear midterms victory

Today 09:37 US President Donald Trump on Monday congratulated Javier Milei on his party's clear victory in midterm elections.

MIDTERM RESULTS: REACTION

Trump hails Milei’s Argentina win, says US made ‘lot of money’

Today 09:25 Donald Trump offfers congratulations to Argentina's Javier Milei, tell reporters that libertarian's "big win" is sign Washington backed the right candidate.

MARKET REACTION

Argentina bonds surge after Milei midterm win

Today 09:19 Dollar bonds soar on Milei's strong showing in midterms; Peso was already posting gains in the crypto market Sunday as the results were announced.

ELECTIONS 2025

Argentines cast ballots in make-or-break midterm for Milei

Yesterday 15:14 Argentina is voting Sunday in a midterm election that will serve as a crucial referendum on President Javier Milei’s ambitious austerity policies.

ELECTIONS 2025

Make or break for Milei as nation votes in key midterm election

Yesterday 00:01 Argentines will vote to renew half the 257-member Chamber of Deputies and a third of 72 senators; Peronism has around half of its seats up for renewal, while the ruling party’s alliance with PRO risks around 30%.

US BAILOUT OF ARGENTINA

Bessent’s intervention in Argentine peso soars past US$1 billion

25-10-2025 16:10 The US spent an amount well in excess of US$1 billion this month acquiring Argentine pesos, according to market estimates.

COST OF POWER

Milei spent around US$7.4bn protecting dollar pre-election

25-10-2025 16:03 Sunday’s legislative elections come at a historic cost: President Milei’s government has used around US$7.4 billion – a figure that could rise to US$8.4 billion, including funds from US Treasury are included – to keep the peso-dollar exchange rate stable over the two months leading up to the vote. According to Banco Provincia, it is the fourth-largest foreign exchange intervention since 2003.

by Carlos Burgueño

ELECTIONS 2025: ANALYSIS

Milei, the two Caputos and the two anchors

25-10-2025 06:08 Milei and the two Caputos have the path laid out for them. The “two anchors” that will give them a future are tied to applying the necessary adaptations to the economic policy plan and creating the conditions for circumstantial legislative majorities. This situation appears possible under any electoral scenario, even a potent Peronist victory.

by Agustino Fontevecchia

Editorial

Tomorrow never knows

25-10-2025 05:55 While the markets vote every day, the ordinary citizen should make the most of their one moment when they are sovereigns with everybody awaiting their decision.

MARKETS

Wall Street is wary of being burned by the ‘Milei trade’ again

24-10-2025 15:22 Global investors engaged in the "Milei trade" are bracing for another potential hit in the wake of this Sunday's legislative elections.

Cabinet changes

Milei names finance secretary Pablo Quirno as Argentina’s new foreign minister

23-10-2025 14:49 President Milei’s reshuffle gets underway early; Finance secretary and former JP Morgan executive Pablo Quirno, a close ally of Economy Minister Luis Caputo, named Argentina’s top diplomat following resignation of Gerardo Werthein.

US POLITICS

Bessent brands Warren a ‘Peronist’ after Argentina criticism

22-10-2025 23:51 Tussle between Donald Trump administration and Democratic opposition unfolds during partial shutdown of US government.

CURRENCY TURBULENCE

Peso breaks losing streak amid FX intervention

22-10-2025 13:11 Argentina's peso strengthened, snapping a five-day losing streak amid continued market intervention by both the local and US governments.

US-ARGENTINA BAILOUT

Bessent’s plan runs short on time to line up Argentina financing

21-10-2025 21:33 US Treasury has been floating a US$20-billion financing deal involving banks, but key details such as the debt’s terms, structure and collateral remain unaddressed.

CURRENCY WOES

US Treasury sells dollars to keep peso within Argentina FX band

21-10-2025 16:41 US Treasury’s efforts to shore up Argentina’s currency are part of a broader effort to stabilise the economy before President Javier Milei’s party faces midterm elections.

POLITICS & FOREIGN POLICY

Viceroy Bennett and US intervention in Argentina

21-10-2025 15:58 Lobbyist hired by the SIDE intelligence services became executor of Trump’s will in Argentina. Secret meetings, legal troubles and his partnership with businessman Leonardo Scatturice.

by Rodis Recalt

Foreign policy & diplomacy

US and Latin American nations back Bolivia’s new president-elect

21-10-2025 13:50 Washington and eight governments from the region – including Argentina – hail Rodrigo Paz’s victory as a break from two decades of “economic mismanagement.”

ECONOMY – ANALYSIS

US backing won’t save Argentina without policy shift, economists warn

20-10-2025 22:58 Financial support from the United States government won’t be sufficient alone for Argentina, warn experts; Milei administration must change monetary policy if it is to stabilise finances long-term, they believe.

by Santiago del Carril

DEBT & BONDS

Bonds rebound as government announces debt buyback

20-10-2025 21:57 Finance Secretary Pablo Quirno says government plans to buy back sovereign bonds to reduce financing costs.

AGRICULTURE & LIVESTOCK

Trump Argentina beef plan risks rancher ire, little price relief

20-10-2025 17:29 Donald Trump vowed to boost beef imports from Argentina, but this may bring little relief to consumers – and risk angering US ranchers.

ANALYSIS

On raucous outsiders and statesmen

18-10-2025 06:47 The Milei administration has shown time and time again they lack the capacity to build sustainable political alliances and that stubbornness on the economic front has led to the repetition of mistakes from the recent past. The President has shown that when political momentum is on his side, he abuses good fortune to castigate political opponents and preach cultural war.

by Agustino Fontevecchia

Editorial

Washington does not believe in tears

18-10-2025 06:39 If the next crop of deputies and senators is to be chosen according to the slogan “libertad o kirchnerismo,” this will guarantee a further impoverishment of debate.

ANALYSING ARGENTINA

Yankees come home

18-10-2025 06:26 Exactly 20 years ago next month, Washington silently retreated from the region. Now it’s coming back, in full swing.

by Marcelo J. García

As I see it

Milei and the master of the universe

18-10-2025 06:18 Trump is different: he wants everyone on planet Earth to know that his or her personal fate depends on him. By behaving the way he does, he has put Argentines in a bind.

by James Neilson

MARKETS & FX

Argentine FX traders estimate US Treasury sold over $200 million

17-10-2025 19:05 US Treasury bought more pesos Friday than it had in any other session, traders estimate; Currency continued to lose value despite Washington's support.

CURRENCY WOES

Peso drops against dollar amid fresh US backing

17-10-2025 18:42 Argentina's peso has been fluctuating wildly ahead of next week's midterm elections next week, disrupting the savings and spending plans of locals who fear an imminent devaluation.

CURRENCY INTERVENTION

Citi sells pesos to Fed as part of US Treasury’s rescue

16-10-2025 23:32 Citigroup sold pesos to the US Federal Reserve on Thursday as part of Scott Bessent’s wide-ranging effort to buoy the currency and Javier Milei’s administration.

ANALYSIS

Argentines dump the peso, betting US rescue is doomed to fail

16-10-2025 19:05 Argentines are convinced that even a flood of cash from the United States won’t be able to stop another painful devaluation of the peso.

OPPOSITION REACTION

Critics accuse Milei of ‘compromising sovereignty’ with Trump

16-10-2025 17:50 Jorge Taiana, top Fuerza Patria candidate in Buenos Aires Province, accuses Milei government of compromising A"Argentine sovereignty in the medium and long term."

BILATERAL TRADE TALKS

‘Very soon’ – Argentina’s ambassador to Washington on US trade deal

16-10-2025 15:12 Alec Oxenford confirms trade agreement between Argentina and the United States; Milei’s envoy says “significant” accord is “culmination of months of intense diplomatic effort” and could be announced “very soon.”

POLITICS & ECONOMY

US$20bn currency swap could be agreed before midterms, says Bausili

16-10-2025 01:31 Economy Minister Luis Caputo and Central Bank chief Santiago Bausili say landmark currency swap deal with Trump administration could be sealed before the October 26 midterms

by Santiago del Carril

MARKETS

Argentine assets swing on reports Bessent lining up more aid

15-10-2025 22:19 Markets react to news that US Treasury Secretary Scott Bessent is working on an additional US$20-billion facility from the private sector that would complement a currency swap line of similar size.

US BAILOUT OF ARGENTINA

Summers ‘nervous’ about Bessent’s novel rescue for Argentina

15-10-2025 22:08 Former US Treasury secretary Lawrence Summers is "withholding judgment" on Donald Trump administration’s rescue plan for Argentina.

FINANCIAL ASSISTANCE

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

15-10-2025 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.

FREEDOM OF SPEECH?

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

15-10-2025 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.

POLITICS & ECONOMY

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

14-10-2025 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.

GEOPOLITICS & DIPLOMACY

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

14-10-2025 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

14-10-2025 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.

MILEI AT WHITE HOUSE

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

14-10-2025 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.

US-ARGENTINA RELATIONS

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

14-10-2025 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.

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.

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.

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.”

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.

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.