YPF NATIONALISATION CASE Investors see way for Milei to end fight over YPF 03-07-2025 16:43 Could there be a silver lining for Javier Milei in the multibillion-dollar US judgment targeting Argentina’s main oil producer?
ANALYSIS: SHOCK THERAPY Milei’s foreign-exchange shake-up has brokers moving into banking 02-07-2025 11:42 Brokerages are restructuring after President Javier Milei took away lucrative arbitrage opportunities that juiced their business when he rolled back capital controls.
POLITICS: MIDTERMS 2025 Divided right bolsters Peronism in City as Karina’s strategy put to test 28-04-2025 14:24 Polling firms put the Peronist ticket led by Leandro Santoro ahead in Buenos Aires City. Battle between Manuel Adorni and Silvia Lospennato will set tone for electoral year. by Giselle Leclercq
ANALYSIS: SHOCK THERAPY Milei defies forecasts so far as Argentina’s peso strengthens 23-04-2025 22:41 Analysts see a stronger peso over the next few months with traders buying into President Javier Milei's plan.
GUEST COLUMN Malaysia’s capital control (cepo) success – a journey beginning in Buenos Aires 19-04-2025 06:03 Malaysia’s success highlights the importance of policy credibility, clarity of purpose and exit strategy in the use of capital controls.
Editorial Floating on air? 19-04-2025 06:00 Milei might echo Alfonsín by proclaiming: “Happy Easter, the dollar is in order” but early days – a more total exit from currency and capital controls by Macri in in late 2015 was even smoother, without ensuring him a happy ending.
ECONOMIC INDICATORS What was the exchange rate when Milei came into office? 16-04-2025 16:10 Official exchange rate almost doubled from near 400 pesos to 838 pesos per greenback in the initial four days after Milei’s inauguration – now it stands closer to 1,200.
ANALYSIS: SHOCK THERAPY Milei risks reigniting inflation by floating Argentina’s peso 16-04-2025 12:35 Decision to ease currency controls is having an impact in the real economy. Retailers and importers are cautiously adjusting their prices as the peso weakens. And some fear it could spark inflation.
ECONOMIC CHANGES Peso slides, bonds jump after FX rules lifted 14-04-2025 13:46 Argentina’s sovereign debt climbed Monday while the peso slipped after the country lifted most of its currency-market restrictions.
POLITICS – ANALYSIS Milei launches new economic phase, with nod to middle class 11-04-2025 23:56 Casa Rosada expresses satisfaction as alignment with Trump bears fruit and secures an unprecedented initial disbursement from the International Monetary Fund.
ECONOMIC CHANGES Milei ends 'cepo' as IMF board approves US$20-billion bailout 11-04-2025 23:32 Milei declares "cepo is gone for good" as IMF unlocks US$12 billion in immediate funding and Argentina lifts capital controls in 48-month US$20-billion programme.
FIN DE CEPO? Caputo announces new IMF deal, end to exchange controls 11-04-2025 18:45 President Javier Milei's government announces elimination of foreign exchange controls ahead of confirmation of new US$20-billion IMF programme.
POLITICS: MIDTERMS 2025 Who’s who: The candidates heading lists for Buenos Aires City midterms 30-03-2025 10:01 Main candidates are already defined for the Buenos Aires City midterms in May – Silvia Lospennato, Leandro Santoro, Manuel Adorni, Horacio Rodríguez Larreta and Ramiro Marra are the names that head the highest-polling options.
POLITICS: MIDTERMS 2025 City elections: Candidate Adorni, Marra to run, Lospennato emerges 28-03-2025 13:52 Focus on the countdown to candidate list registrations for the upcoming May 18 elections for the Buenos Aires City legislature.
BEYOND THE HEADLINES 'Cepo' in review 22-03-2025 07:53 It might well be argued that the ‘cepo,’ the seemingly endless set of currency and capital controls, has been a bane of Argentina’s existence. by Michael Soltys
ANALYSIS: SHOCK THERAPY All the currency, capital controls Milei needs to end this year 05-03-2025 12:00 Javier Milei has taken several steps to ease restrictions during his first year in office, but he entered 2025 with few indications that there will be a quick unwinding of the rules.
NEW IMF DEAL ON WAY? IMF: ‘Constructive discussions’ ongoing with Argentina over new deal 06-02-2025 22:59 Markets move on rumours of new deal with the International Monetary Fund, which again praises “enormous progress” made by Milei administration.
‘CEPO’ NO MORE? President sets 2026 target for removal of currency controls 04-02-2025 15:47 La Libertad Avanza leader says his government will remove capital controls by start of 2026 – unless the IMF grants Argentina fresh funds beforehand.
MONETARY POLICY Argentina weighs managed exchange rate once it lifts currency controls 16-12-2024 19:44 President Javier Milei's government is weighing whether to introduce a managed exchange rate regime — a “dirty float” — once it lifts its current foreign exchange controls in 2025.
President's address Milei vows to axe capital controls and negotiate Trump trade deal 11-12-2024 09:50 President Javier Milei promises to lift capital and currency controls next year and negotiate a free-trade agreement with the United States once Donald Trump takes office.
MILEI'S FIRST YEAR Milei promises inflation will be a 'bad memory' in first anniversary speech 10-12-2024 23:45 President touts US trade deal with Trump, vows to remove currency controls and says “happy times” lie ahead in national broadcast marking first year in office.
CAPITAL CONTROLS Trump adviser Laffer tells Argentina ‘get it done now’ on capital controls 03-12-2024 15:19 Arthur Laffer has a word of advice for Argentina: Scrap capital controls now.
Investing in Argentina Milei touts US$50 billion from investors eyeing 30-year loopholes 02-12-2024 13:04 Argentina has abundant natural resources and legions of well-educated workers. But it struggles to attract investors because its politicians have a habit of changing the rules on a whim.
BLOOMBERG - ANALYSIS Javier Milei is giddy about Trump and his own accomplishments 18-11-2024 17:23 Almost one year into office, Javier Milei is, to the shock of pundits, having a moment. Not only does he have an ally back in the White House but on the economic front, he’s been racking up the victories.
ypf nationalisation case Burford open to Argentine bonds for US$16-billion judgement 08-11-2024 19:36 Burford Capital, which won a US$16-billion judgement against Argentina over its nationalisation of energy firm YPF SA more than a decade ago are open to receiving payment in bonds instead of cash.
COURT WOES US intervenes in YPF nationalisation court case 07-11-2024 20:43 United States asks judge to reject ‘vulture fund’ lawsuit seeking to seize YPF assets; Burford and Eton Capital funds are demanding company assets to guarantee payment on ruling obliging the state to pay US$16 billion for the expropriation of state energy firm.
ECONOMIC REPERCUSSIONS Dollars, IMF, cepo – Economy Ministry’s expectations after Trump triumph 06-11-2024 23:59 The government is betting on ideological overlap between Milei and Trump helping Argentina to obtain the financing required to face the need for dollars. by Ezequiel Orlando
POVERTY IN ARGENTINA Soup kitchens struggle with growing queues as poverty rises 19-10-2024 06:18 Amid a deep economic crisis, food purchases have slumped 18.6% this year in Argentina. Meanwhile, demand at community soup kitchens is soaring, especially in some of the most impoverished and remote areas of the country. by Agustina Bordigoni
CAPITAL CONTROLS Why Milei can’t lift currency controls any time soon 16-10-2024 12:15 Argentina has had strict currency controls in place for the past nine out of 13 years. President Javier Milei wants to get rid of them, but for now, he's sticking to the existing regime.
CAPITAL CONTROLS Government to adopt flexible exchange rate after lifting controls 15-10-2024 23:17 Milei states at conference that government will adopt a “flexible” exchange rate on the peso after it lifts capital controls.
ECONOMY & POLITICS Banco de la Nación wants to sell debt after a 30-year hiatus 09-10-2024 12:11 Daniel Tillard, the new head of Argentina’s largest bank, wants state-run Banco de la Nación to re-enter international capital markets for the first time in three decades.
POLITICS & ECONOMY Questions for Pettovello’s Human Capital Ministry over outsourcing, funding, hiring 07-10-2024 16:45 As reports emerge of new dismissals at the portfolio, the Human Capital Ministry refuses to respond fully to enquiries over control and use of 17 programmes agreed by international bodies. by Pablo Varela
FINANCE & BUSINESS Broker returns US $10 million in profit from Argentine ghost bonds 18-09-2024 12:05 Max Capital SA has returned nearly US$10 million in profits to the government after exploiting a loophole in a significant debt swap.
US COURT CASE Burford cites governor in pursuit of US$16-billion YPF award 13-08-2024 14:39 Burford Capital suggests remarks by Buenos Aires Province Governor Axel Kicillof support its push to collect a US$16-billion US court award against YPF oil company.
POVERTY IN THE CAPITAL Crisis creating 300 more homeless each month in Buenos Aires City 17-07-2024 06:57 The number of people sleeping rough in the nation’s capital is rising by 10% a month, according to Buenos Aires City Security Minister Waldo Wolff. by Ramón Indart
FOREIGN CURRENCY RESERVES Milei’s push to rebuild Argentina’s foreign reserves grinds to a halt 26-06-2024 23:36 Argentina's Central Bank is struggling to rebuild its chest of foreign reserves as it starts to spend money in currency markets to defend controls propping up the peso.
POLITICS – ANALYSIS 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
POLITICS 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.
EXPIRED FOOD SCANDAL Expired food scandal: a chronology of hunger which the government sought to silence 06-06-2024 14:41 Human Capital Ministry’s missteps over more than millions of kilos of food held back at warehouses has exploded into scandal. Audits galore, dismissals, denunciations and an official communiqué overtaken by the facts.
INTERVIEW Ex-Energy and Mining secretary Flavia Royón: 'RIGI is necessary’ 06-06-2024 00:50 Former Energy & Mining secretary in Alberto Fernández and Javier Milei governments says RIGI investment incentive scheme is “necessary to develop LNG, hydrogen and mining projects.”
OIL & GAS Oil driller’s 1,400% world-beating rally hinges on Milei reforms 23-05-2024 13:52 Vista Energy boss Miguel Galuccio knows shale. But his plans lie in the hands of President Javier Milei.
BUSINESS & INVESTMENT 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.
ECONOMY 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.
EDITORIAL Contradictions and multitudes 11-05-2024 06:07 The Javier Milei Presidency has never been short of contradictions.
CURRENCY CONTROLS Argentina to offer bonds in first step to lift currency controls 26-04-2024 13:33 President Javier Milei's government readying a new instrument to allow companies to send dividends abroad, a first step to lift a cobweb of restrictions in its foreign-exchange market.
POLITICS Crisis at Human Capital Ministry: abrupt exits and resignations 24-04-2024 16:18 Legal Secretary Maximiliano Keczeli not the first from Sandra Pettovello’s inner circle to quit post, but he is perhaps the most important figure to have stepped down. Milei’s ‘protective umbrella’ and administrative overspills. by Ramón Indart
BLOOMBERG 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.
US COURT RULING 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.
Bloomberg Buyer of Clorox’s Argentine assets bets on consumer spending rebound 27-03-2024 20:19 Executives at Apex Capital, the buyer of Clorox Co assets in Argentina, expects consumption to recover in coming months.
YPF nationalisation case Brazil backs Argentina in fight over US$16-billion US YPF judgment 05-03-2024 14:02 Brazil, Chile, Ecuador and Uruguay file "friends of the court" brief to assist Argentina’s appeal against a US$16.1-billion US court judgement over the controversial 2012 nationalisation of oil company YPF SA.