Recent data indicates that Argentines are increasingly opting for the beaches of Brazil over traditional local holiday resorts. President Javier Milei’s administration has altered the methodology for assessing visitor levels, asserting that the domestic coastline is experiencing a surge. This assertion has faced backlash from tourism professionals who contend that the industry is struggling significantly. … Read more
While it remains premature to determine if President Javier Milei will be remembered as having aligned with the prevailing moral narrative by fervently and steadfastly supporting the inaugural US bombing of a South American capital, he ought to be acknowledged for his alignment with the dynamics of power. History and power do not consistently align … Read more
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
A significant indicator of Argentina’s sovereign risk has decreased to its lowest point in seven years, as the policy adjustments implemented by President Javier Milei’s administration have positioned the country nearer to re-entering international debt markets. The additional yield that investors require to hold Argentina’s sovereign debt compared to US Treasuries of equivalent maturity decreased … Read more
President Javier Milei stands out in Argentine economic history — not solely because of his libertarian foundations, which are more rhetorical than impactful in his financial choices, but due to his implementation of fiscal austerity while maintaining sufficient popularity to secure a decisive victory in the midterm elections. In Argentina, the political capital of today … Read more
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
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
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
Argentine enterprises and investors are incurring additional costs to acquire dollars in a strategic maneuver to circumvent the currency controls imposed by President Javier Milei. While individuals encounter reduced limitations in the current environment, corporations continue to navigate obstacles related to the acquisition and disposal of U.S. dollars as Milei endeavors to stabilize the peso … Read more
President Javier Milei engaged in a confrontation with Brazilian President Luiz Inácio Lula da Silva during the regional Mercosur summit regarding the situation in Venezuela, coinciding with US President Donald Trump intensifying pressure on Caracas. Sparring remarks from Lula and Milei emerged during a gathering of the South American bloc, where discussions included a prospective … Read more