Milei eliminates PASO primaries in election reform

President Javier Milei declared from Israel midweek that his administration will submit an electoral reform bill to Congress which, among other modifications, will abolish the PASO primaries. The proposed reform is set to fundamentally transform Argentina’s electoral landscape. In addition to modifications in political financing, the proposal would implement the ‘Ficha Limpia’ or “clean slate” … Read more

Blue Dollar Updates

Milei’s Labour Reform Gets Court Approval

An appeals court in Argentina has authorized President Javier Milei’s administration to advance with its contentious labor reform, reversing an injunction that had halted it at the behest of the CGT labor federation. The National Labour Appeals Court of Argentina has determined that the reform is constitutional, a finding that faces significant opposition from both … Read more

Javier Milei

Javier Milei’s popularity dips nearly seven points

President Javier Milei experienced a decline in his approval rating, which fell by seven points from February to March. This shift can be attributed to the political repercussions stemming from scandals involving Chief of Staff Manuel Adorni and other government officials, alongside an increase in economic pessimism. A survey reveals that in the past month, … Read more

Milei vows monthly reform plan in fiery speech

On Sunday, Argentina’s Congress erupted into a heated exchange as President Javier Milei inaugurated this year’s legislative sessions. In a setting reminiscent of a sporting event rather than a dignified speech, Argentina’s forthright leader criticized opposition hecklers, labeling them as “criminals” responsible for the country’s turmoil. Milei, greeted with enthusiastic applause from supporters and members … Read more

Argentina Economy

Javier Milei Labour Reform Nears Approval Amid Litigation Debate

The final passage of President Javier Milei’s Labour Modernisation bill is on the horizon. In the midst of legislative discussions across both chambers of Congress, the government has put forth arguments advocating for the necessity to diminish labour litigation and put an end to what is referred to as the labour “trial industry.” However, several … 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

Javier Milei

Argentina’s Milei optimism contrasts with Europe’s pessimism

Argentina stands out as one of the rare democratic nations where the government, after several years in office, continues to maintain substantial public backing. It is also a scenario in which one might reasonably anticipate that the future could significantly surpass both the present and the recent past. Absent the prevailing optimism that, in due … Read more

Argentina Senate Backs Milei 2026 Budget

President Javier Milei’s administration achieved a significant milestone in Argentina’s Senate on Friday, as the upper chamber endorsed his 2026 Budget bill in principle. In a recent session, senators cast their votes with 46 in favor and 25 opposed to support the proposal, alongside one abstention, following an extensive eight-hour debate. The upper house is … Read more

Blue Dollar Updates

Milei’s Midterm Victory Sparks Oil and Gas Funding Surge in Argentina

President Javier Milei’s victory in the October midterms provided reassurance for numerous market sectors. Oil and gas emerge as significant beneficiaries, as La Libertad Avanza’s decisive victory has triggered a surge in corporate bonds. The companies within the sector exhibit a uniformly optimistic outlook. The majority are converging on the markets in search of investors … Read more

Banks believe Milei is poised to let the peso float freely

Banks indicate that La Libertad Avanza’s success in the midterm elections presents a distinct opportunity for President Javier Milei’s Government to accelerate economic normalization, focus on acquiring international reserves, and adjust the exchange rate regime – or potentially liberalize it. Citibank, one of the entities through which the US Treasury purchased pesos to intervene in … Read more