As the deadline approached for Argentina to fulfill its obligations to bondholders, amounting to billions, President Javier Milei sought assistance from a well-known figure. Bankers at JPMorgan Chase & Co contributed approximately US$340 million as part of a multi-bank repurchase agreement this month, providing Argentina with essential liquidity. The agreement has elevated the bank’s overall … Read more
Consumption in Argentina exhibited improvement last year, although it experienced a deceleration in November and December, according to a recent report. Data indicates that consumption increased by 2.5 percent in 2025 relative to the prior year, even as it experienced a decline in December for the second consecutive month. The Consumption Indicator compiled by CAC … Read more
A prominent pipeline initiative endorsed by Javier Milei’s administration opted for a foreign supplier rather than a domestic behemoth led by one of Argentina’s wealthiest individuals, serving as a litmus test for the President’s commitment to a free-market approach aimed at liberalizing a protectionist economy. Southern Energy SA, the private consortium spearheading the construction of … Read more
US Treasury Secretary Scott Bessent stated on Sunday that Trump’s endorsement and the US$20 billion U.S. currency swap with Argentina have facilitated President Javier Milei’s strong performance in October’s midterm elections. In an interview, Bessent remarked: “[Trump] endorsed President Milei.” Clearly, President Milei surpassed all expectations in the polls, achieving a significant victory. It appears … Read more
Business leaders have determined that the most pressing risk facing Argentina is “insufficient public services and social protections.” The claim, released recently in the Forum’s Global Risks Report 2026, derives from a survey involving 11,000 business leaders across 116 economies. The revelation holds considerable importance as it directly addresses one of President Javier Milei’s core … Read more
In 2025, Argentina experienced a price increase of 31.5%, marking the lowest inflation rate since 2017, as reported. While the rate remains elevated compared to global benchmarks, inflation has shown signs of deceleration under Javier Milei’s administration. The figure stands at more than 86 points below the 117.8% projected for 2024, marking the initial complete … Read more
President Javier Milei is set to journey to Asunción, the capital of Paraguay, for the signing of the free-trade agreement between Mercosur and the European Union this Saturday, as reported by government sources. The European Union granted approval on January 9 for the long-anticipated trade agreement with the South American bloc, despite significant opposition spearheaded … Read more
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