Milei faces new ‘$LIBRA’ crypto fraud probe

The investigation into the ‘$LIBRA’ cryptocurrency scam, which was endorsed by President Javier Milei on the social network X in 2025, gained renewed attention on Monday as legislators reestablished a parliamentary commission to scrutinize recent media disclosures. In mid-February of the previous year, Milei actively promoted and disseminated information regarding a memecoin known as $LIBRA … Read more

Blue Dollar Updates

Entrepenuer’s phone records challenge Milei’s ‘$LIBRA’ defense

Recent scrutiny of mobile phone records by prosecutors and investigators is raising questions about Argentina’s President Javier Milei’s assertion that his endorsement of the ‘$LIBRA’ cryptocurrency on social media was merely an innocuous post. The records indicate that Milei engaged in a minimum of five phone calls and multiple messages with crypto entrepreneur Mauricio Novelli, … Read more

Blue Dollar News

Argentina Week Draws Billions but Faces Political Questions

Argentina Week, an event in New York City orchestrated by the Argentine government to draw foreign investment, concluded on Friday following a week filled with discussions involving investors and business leaders. Economy Minister Luis Caputo described it as “wonderful. Everyone in attendance could see that the interest in investing in Argentina’s real economy is at … Read more

NYC tour officials call Argentina ‘fertile ground’

Argentina’s government asserts that the country “is fertile ground for any investment imaginable and that firms should jump on board to benefit from the “revolutions” that are shaking up key national industries. During the ‘Argentina Week’ promotional event in New York on Thursday, Cabinet Chief Manuel Adorni stated that the nation is now “free from … Read more

Blue Dollar Updates

Argentina missed early bond sales

Argentina’s government has set ambitious goals to reduce country risk, yet these aspirations appear misaligned with the current reality, potentially leading to a missed opportunity for re-entering debt markets, according to investors. Javier Milei’s administration opted against issuing in January, considering it prohibitively expensive despite sovereign spreads reaching eight-year lows and growing anticipation. Currently, momentum … Read more

President Javier Milei

Milei Takes Aim at Argentine Business Leaders in NYC

President Javier Milei took aim at Argentine business leaders on Tuesday, denouncing Paolo Rocca and Javier Madanes Quintanilla, notable industrialists in the nation, as “crony businessmen.” Milei spoke to investors at the start of Argentina Week 2026, an economic forum in New York focused on showcasing investment opportunities in the country. While the president maintained … Read more

Argentina Stock Market

Argentina’s Bond Rally Hindered by Junk Status and War Impact

As President Javier Milei engages with investors in New York to generate interest in Argentina’s resurgence, the progress surrounding the country’s bonds has significantly slowed. Despite the achievements – his administration has managed inflation, is restoring Central Bank reserves, and easing currency controls; it has also sanctioned a long-anticipated labor reform – Argentina’s bond spreads … Read more

Milei says industries will ‘disappear’ amid Argentine industry decline

President Javier Milei recognized that the economic reforms implemented by his administration will unavoidably lead to the “disappearance” of certain economic sectors. His remarks come during a nationwide challenge for the industrial sector, as factories shut down in response to the government’s choice to deregulate the economy and permit an influx of imports. “If you … Read more

Argentina has mixed results from oil price spike

The surge in oil prices resulting from the U.S. and Israel’s military actions against Iran may exacerbate inflationary pressures in Argentina while concurrently benefiting the nation’s foreign accounts, analysts suggest. This week, Brent crude’s price exceeded US$100 a barrel for the first time in nearly two years; however, on Monday, it declined to approximately US$80 … Read more

Blue Dollar Updates

Vaca Muerta Gas Set for Europe – Major 8-Year LNG Deal

The Southern Energy consortium and the Berlin-based group Securing Energy for Europe have formalized an eight-year agreement concerning the export of liquefied natural gas from the Vaca Muerta basin. The agreement stipulates the delivery of two million tonnes annually over the course of eight years, as outlined in a statement. Operations are set to commence … Read more