Blue Dollar Live

Milei Consolidates Power as Argentina’s Divide Deepens

As the Javier Milei administration starts to leverage its newly acquired legislative power, Argentina is further entrenching the divisions of the latest phase of ‘la grieta,’ the nation’s distinctive form of political polarization. Although this should not be regarded as a mere curiosity, it starts to illuminate the emerging relative distribution of power that will … Read more

Trump administration supports Milei government.

Milei’s Busy US Itinerary with a Chilean Stop

President Javier Milei is poised to embark on a rigorous international tour this week, commencing with a visit to the United States, which has already necessitated several last-minute adjustments to his schedule. The leader of La Libertad Avanza adjusted his agenda following an invitation from US President Donald Trump to participate in the inaugural meeting … Read more

Blue Dollar News

Milei Secures Labour Reform Amid Violent Protests

President Javier Milei’s administration achieved a significant legislative triumph in the Senate this week with the passage of his labour reform, a consistently contentious topic in the nation of Juan Domingo Perón. While the details surrounding the passage of the bill were quite intriguing, ultimately highlighted by the newly minted senator, former security minister Patricia … Read more

Milei’s labor reform looks company-specific

The Argentine Congress is poised to commence extraordinary sessions in February, featuring a comprehensive agenda. Among the bills slated for debate are modifications to the Glaciers Law, a reduction in the age of criminal responsibility, and the recently ratified EU-Mercosur agreement. The upcoming sessions will serve as a significant evaluation of the government’s legislative capabilities, … Read more

Javier Milei

Milei thinks America will be West’s ‘beacon of light’ in Davos

President Javier Milei praised the leadership of US President Donald Trump, advocated for free-market capitalism, and criticized socialism during a notably restrained address at the World Economic Forum in Davos on Wednesday. Milei, regarded as Trump’s principal ally in Latin America, underscored his strong ties with Washington and articulated a defense of “Judeo-Christian values.” Highlighting … Read more

A big win could inspire Milei and his colleagues to keep appreciating the peso, which is lowering inflation and benefiting Argentina's upper and high-middle classes.

Milei praises Trump while committing to trade relations with China

President Javier Milei has commended his U.S. counterpart Donald Trump for the significant apprehension of Venezuela’s Nicolás Maduro in Caracas, underscoring his alignment with Washington. In remarks during an interview with a streaming channel on Tuesday, Milei asserted that Trump is “redesigning the world order” and taking a stand against what he referred to as … Read more

Blue Dollar Updates

Milei closes ANDIS disabilities agency after corruption allegations

The government of Argentina has declared its intention to close the ANDIS national disability agency, which has been at the center of corruption allegations linked to President Javier Milei’s sister. The agency’s functions will be integrated into the Health Ministry, ensuring that there will be no reductions in the benefits currently extended to over three … Read more

US Dollar - Argentina

Milei Passes Budget and Frees Dollar Savings

President Javier Milei achieved two significant victories on Friday: the congressional endorsement of his inaugural budget bill and the establishment of a new law that enshrines the principle of innocence in cases of tax evasion. This legislation aims to enable Argentines to utilize their savings, particularly in dollars, with reduced oversight from governmental authorities. The … Read more

Javier Milei

Javier Milei’s High-Stakes Test Between Reform, Politics and the IMF

The administration of President Javier Milei is acutely aware of the scrutiny it faces. Not solely by the “market,” that transient entity made up of countless financial transactions divided into pesos and dollars, but also by its principal political and economic backers located in Washington: the Trump administration and the International Monetary Fund. Argentina’s self-proclaimed … Read more