economy Headline figures from Milei government’s 2025 Budget 16-09-2024 12:17 Argentina’s Economy Ministry publishes its forecasts for the coming year: 5% growth, 1,207 pesos a dollar and 18.3% inflation.
BUDGET PROPOSAL President presents 2025 Budget, says zero deficit is a must 16-09-2024 08:07 President Milei tells Congress he will veto all laws that are not balanced with spending cuts in primetime speech.
BUDGET PROPOSAL Milei projects inflation plunging to 18% by end-2025 16-09-2024 00:05 President Javier Milei estimates annual inflation will slow to 104.4% by the end of this year and 18.3% by December 2025, according to his first budget proposal.
EDITORIAL Nobody wins 14-09-2024 06:37 Milei risks his popularity with insensitivity towards pensioners in the name of maintaining a fiscal surplus.
ANALYSING ARGENTINA Javier Milei in the real world of the Lilliputians 14-09-2024 05:51 There may be nothing more “caste” than a group of deputies who vote one way one day and another way a few weeks later. But Milei knows that some elements of the caste are more useful than others, depending on which side of the political equation they fall. by Marcelo J. Garcia
POLITICS & CONGRESS Double blow for Milei: Senate passes university bill, blocks SIDE cash 13-09-2024 11:04 Milei’s cash for spy services blocked as both chambers of Congress block presidential decree for first time since 1994; Senate approves law providing salary increases and boosting budget for universities facing funding “emergency.”
CONGRESS & POLITICS Clashes outside Congress as lawmakers back Milei veto of pensions hike 11-09-2024 23:31 President’s charming of lawmakers pays off as move to overturn his veto of pension bill fails; At least 12 people injured and four arrested in clashes between demonstrators and security forces.
CONGRESS & POLITICS Congress debates Milei veto of pensions increase 11-09-2024 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.
BUDGET Milei cuts Caputo, will present Budget bill to Congress 10-09-2024 18:19 President Javier Milei will present his administration's preliminary budget bill for 2025 at Congress personally on Sunday in a primetime speech.
ECONOMY & POLITICS Demonstration against veto of pension reform turns violent 04-09-2024 19:45 Police and security forces clash outside Congress with march in defence of retirees and pensioners; Groups of “pro-dialogue” lawmakers seek backing to overturn Milei veto in lower house in special session next Wednesday.
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.
POLITICS – ANALYSIS Selling your soul to the devil? 31-08-2024 05:40 Macri and Milei are still feeling each other out, much like heavyweight boxers who dance around each other throwing light jabs for fear of being hit with an uppercut. All of which begs the question, who will stab the other one in the back first? by Agustino Fontevecchia
LA LIBERTAD AVANZA IN CRISIS Arrieta jumps ship after leaking bills to free dictatorship criminals 28-08-2024 23:56 Amid controversy within La Libertad Avanza over the visit of pro-government deputies to criminals convicted for crimes against humanity at Ezeiza Prison, national deputy leaks draft bills and decree that aim to force through their release.
POLITICS – ANALYSIS Milei the filling in a Macri-CFK sandwich 24-08-2024 05:57 Once again, when it seemed that the government had things under control, chaos erupts onto the scene. by Agustino Fontevecchia
EDITORIAL Tinkering and tailoring the judge and the spy 24-08-2024 05:55 While “Big Brother” espionage would seem to contradict the libertarian creed in general, the nomination of the controversial federal judge Ariel Lijo for the Supreme Court flies in the face of Milei’s electoral crusade against a corrupt “caste.”
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."
POLITICS, CONGRESS & COURTS Ariel Lijo defends Supreme Court candidacy before Senate 22-08-2024 19:22 Federal Judge Ariel Lijo, whose nomination for the nation’s highest tribunal has been questioned by politicians across the spectrum, pushes back against criticism in eight-hour hearing.
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 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.
POLITICS La Libertad Avanza in power: Luck of the faithful and uncomfortable allies 29-07-2024 18:14 Tensions between Javier Milei and Victoria Villarruel, points of agreement with Macrismo and the need for the libertarian party's seal to be represented across the country at polling booths in 2025. by Rosario Ayerdi
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
INDEPENDENCE DAY CELEBRATIONS Tank poses, gifts and a toast – Milei’s Independence Day military parade 09-07-2024 15:21 President Javier Milei jumps into a tank with Vice-President Victoria Villarruel as he stages a military parade in Buenos Aires to mark the 208th anniversary of Independence Day.
POLITICS & ECONOMY Milei signs pact with governors signalling aid during austerity 09-07-2024 14:16 Eighteen governors ink the 'Pacto de Mayo' with President Milei at a historic site in Tucumán Province in northern Argentina.
POLITICS & CONGRESS Milei's key reforms, 'Ley de Bases' and fiscal package, become law 08-07-2024 13:32 Day before signing of his ‘Pacto de Mayo’ in Tucumán, President Milei’s government promulgates ‘Ley de Bases’ omnibus bill and accompanying fiscal package into law.
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 Milei lines up midnight ‘Pacto de Mayo’ signing 06-07-2024 05:38 Javier Milei’s next key moment, the signing of his ‘Pacto de 25 de Mayo,’ will take place in Tucumán at the strike of midnight on Independence Day. Guest list still up in the air, with Mauricio Macri expected to be the only former president in attendance.
POLITICS & CONGRESS – ANALYSIS After triumph in Congress, Milei faces challenge of governing 03-07-2024 15:49 Following approval of his ‘Ley de Bases’ reform push, experts say President Javier Milei is now entering a new phase in which the population will demand results.
CONGRESS & POLITICS Milei government prepares legislative agenda for 'second stage' 02-07-2024 16:57 Electoral reform being considered by the Executive branch and a bill could be ready for Congress by August; Ideally, it would include the elimination of the PASO primaries, the move to a single ballot system, the scrapping of gender parity quotas and a lowering of the minimum voting age.
MONETARY POLICY Milei shifts policy in second phase of Argentina plan 29-06-2024 15:30 Milei administration embarks on second phase of economic plan, announcing it will swap out notes held at the Central Bank for new Treasury debt.
POLITICS & ECONOMY President Milei hails ‘historic’ approval of his economic reform package 28-06-2024 14:22 President Javier Milei celebrates "historic" and "monumental" approval of his sweeping reform package by Congress.
Congress & Politics Milei celebrates as Congress signs off on ‘Ley de Bases’ reform package 28-06-2024 09:31 Milei secures first legislative victory since taking office more than six months ago; Lawmakers in lower house back revised 'Ley de Bases' package with 147 votes in favour, 107 against and 2 abstentions. Bids to privatise Aerolíneas Argentinas, Correo Argentino and state media outlets left off bill, though income tax will be reinstated.
Congress & Politics Milei wins approval for bold economic reforms in Argentina 28-06-2024 09:22 Argentina’s Congress approves President Javier Milei’s signature pro-business reforms, marking an inflection point for the outsider to govern with a hostile political class he continues to rail against.
CONGRESS & POLITICS Milei’s reforms set to cross finish line in Congress 27-06-2024 19:26 President on the cusp of clinching his biggest political victory since taking office, with lawmakers likely to give final approval to two key proposals.
Congress & Politics Congress set for final showdown on Milei's sweeping reform package 27-06-2024 12:01 Session scheduled to begin at midday and signs indicate the Milei government will secure its first legislative victory since taking office more than six months ago.
POLITICS Key law, pact with governors, Cabinet tweaks – the keys to Milei’s relaunch 26-06-2024 17:09 President returns from abroad and focuses on domestic issues; He expects final approval of the mega reform to give impetus to his pact with governors and pave the way for Cabinet changes.
POLITICS – ANALYSIS Turning-point or anarcho-capitalist illusion? 22-06-2024 05:52 The outsider – who by definition was politically weak – is proving to be more resilient than his more traditional peers. Milei’s emergence in Argentina’s political ecosystem already marks a turning-point. by Agustino Fontevecchia
EDITORIAL And so it begins 22-06-2024 05:03 Javier Milei now prepares to move into the second half of the calendar year amid every indication of a whole new ball game.
POLITICS & CONGRESS Majority of detained Congress protesters released without charge 19-06-2024 12:01 Of the 33 individuals arrested during clashes outside Congress, 28 now freed without charge; Judge María Servini ordered their "immediate release," remanding five suspects in custody.
ANALYSING ARGENTINA Milei at a turning point 15-06-2024 06:34 At this point, six months into office, Milei knows he needs to get something out of Congress, no matter exactly what that “something” is. Progress, not perfection. by Marcelo J. Garcia
POLITICS – ANALYSIS 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
POLITICS & ECONOMY Milei looks to keep winning streak alive in crucial IMF meeting 13-06-2024 20:03 President Milei will walk into a meeting with the head of the International Monetary Fund Friday emboldened by the most successful series of wins since he took office six months ago.
CONGRESS & POLITICS Senate approves RIGI, privatisations, delegation of powers 13-06-2024 19:43 Key articles, including most controversial, ended up being approved in the Senate. Capital whitewash and the moratorium for tax arrears passed unanimously but government unable to gain support for restoration of income tax or reform of levies on personal assets.
CONGRESS & POLITICS Milei’s bill clears Senate, capping off week of wins 13-06-2024 19:01 Government eyes end of month lower house session for President’s flagship ‘Ley de Bases’ reform bill and accompanying fiscal package; Victory in upper house comes after chaotic scenes outside Congress.
MARKET REACTION Traders cheer on Argentina as Milei win underpins austerity push 13-06-2024 15:30 Investors welcome congressional approval of President Javier Milei’s 'omnibus' bill.
CONGRESS VIOLENCE Officials slam ‘coup’ attempt after Congress clashes 13-06-2024 15:07 President Milei, Patricia Bullrich and Manuel Adorni accuse violent demonstrators of seeking to overthrow government in a "modern coup d'état."
CONGRESS & POLITICS Milei gets partial win on reform bills after protests 13-06-2024 00:48 President Milei‘s signature reform package eked out preliminary approval in the Senate, but its most important fiscal measures face strong opposition in a piece-by-piece vote.
Congress & Politics Milei's 'Ley de Bases' bill clears Senate as VP casts decisive vote 12-06-2024 23:24 Senate gives general approval to President Milei's 'Ley de Bases' mega-reform bill after fresh round of amendments.
Congress & Politics Chaos outside Congress as anti-omnibus protest turns violent 12-06-2024 20:53 Cars and bins set alight as security forces and police clash with protesters outside Congress; At least five Peronist lawmakers treated by medical staff after being sprayed with tear gags.