News of capital

The political commissar, the sister and President Milei’s only friend

08-06-2024 05:32 With the expulsion of Nicolás Posse, Santiago Caputo becomes the only non-family member with a say in President Javier Milei’s inner circle.

by Agustino Fontevecchia

Officials close ranks behind Pettovello as pressure builds

06-06-2024 20:51 Leading figures in government close ranks behind embattled Human Capital Minister Sandra Pettovello; President Milei backs ‘best minister in history’ as foodstuffs scandal rumbles on.

Energy mogul makes 100-year bet on Argentina’s mineral wealth

20-05-2024 13:45 Through his holding company Integra Capital, José Luis Manzano is going all in on mining and mineral wealth.

Milei says Argentina is ‘very close’ to lifting FX controls

15-05-2024 17:00 “The truth is that we’re very close to lifting” currency controls, Milei said Wednesday at a conference in Buenos Aires, without providing more specifics on timing.

Caputo speech at JPMorgan event helps propel Argentine bonds

18-04-2024 13:18 Argentina won’t lift capital controls until international reserves are high enough to safeguard against a potential currency run, Luis Caputo tells investors.

Argentina defeats hedge fund suits over GDP-linked securities

01-04-2024 15:46 Argentina victorious as judge rejects claim by Aurelius Capital Management and other hedge funds seeking payment on securities tied to economic performance.

More hunger, less money: Soup kitchens count rations

15-02-2024 00:33 At community meal centres across Argentina, a dual crisis is biting: the influx of ever more hungry mouths to feed during an economic crisis, and a decision by President Javier Milei's new government to freeze their aid.

Milei sets June deadline for lifting of capital controls

08-02-2024 06:24 Casa Rosada has a list of conditions required and assures that the dollar can be kept to around 1,000 pesos.

Argentina rally put to test as challenges await Milei

09-12-2023 08:47 Investors’ giddiness with Argentina will be put to the test as Javier Milei takes over on Sunday.

Longtime bull Greylock says Argentina in ‘safe hands’ with Massa

25-10-2023 12:14 Hans Humes, the chief executive and founding partner of Greylock Capital Management, says Sergio Massa is better equipped to steer Argentina through much needed fiscal changes.

Bullrich closes campaign, promises to end 'Kirchnerite corruption'

19-10-2023 18:22 Patricia Bullrich wrapped up her presidential campaign Thursday, vowing to tackle crime, corruption and record inflation, while taking aim at her main rivals.

Jorge Macri: ‘If Patricia Bullrich makes the run-off, she’s president’

17-10-2023 08:15 Buenos Aires City mayoral candidate if confident Juntos por el Cambio will make it into the second round of the presidential election, pointing to “plenty of crossover” between Sergio Massa and Javier Milei and affirming that “the proximity to Luis Barrionuevo shows a dependence on the traditional political mechanisms” on the part of the liberals.

by Ezequiel Spillman

Argentina investors see rally in YPF bonds running out of steam

21-09-2023 23:07 Investors saying it’s time to sell bonds from Argentina’s state-run oil driller YPF SA ahead of the presidential elections in October.

Government has printed equivalent of 18% of GDP since 2019

19-09-2023 09:33 New report says President Alberto Fernández’s administration has printed the monetary equivalent of 3% of GDP so far this year, most of it aimed at the repurchase of bonds to protect their price level.

Rumours and confirmations: Milei assesses potential cabinet options

26-08-2023 00:27 Propelled by his PASO primary victory, the libertarian lawmaker’s team is hurriedly assessing its options. The presidential hopeful has already said who will be heading Ministries of Foreign and ‘Human Capital,’ the latter pooling sensitive areas under the leadership of a woman with an unknown background. Who might join a Javier Milei cabinet if he is elected as president: confirmed names and rumours.

by Giselle Leclercq

Jorge Macri sees off Lousteau in battle for City mayor

13-08-2023 21:52 Juntos por el Cambio produces dominant performance in nation's capital, taking almost 56% of all votes; PRO's Jorge Macri defeats Radical Senator Martín Lousteau by a small margin to win nomination; Ruling coalition hopeful Leandro Santoro trails in third.

by James Grainger

Massa wins Greylock’s blessing in bid to save Argentina's economy

09-08-2023 14:52 Argentina’s inflation surged under Massa – Greylock sees him as best to save the economy.

Franco Rinaldi pulls candidacy after controversial remarks

13-07-2023 20:39 Candidate for City lawmaker, who topped mayoral hopeful Jorge Macri’s list, steps down from race after previous offensive, racist and anti-Semitic comments spark controversy on social media.

Córdoba to meet debt payment after court blocks capital controls

07-06-2023 17:38 Argentina's Córdoba Province to meet debt payment after a court blocked government's latest capital controls.

Jorge Macri chosen as PRO mayoral candidate in City

30-05-2023 17:45 Mayor Horacio Rodríguez Larreta confirmed that Jorge Macri will be PRO's solo candidate in Buenos Aires City; Ex-Vicente López leader outperforms Fernán Quirós in polling.