Peter Lamelas

Milei’s Meeting with New US Ambassador at Casa Rosada

President Javier Milei received the new United States ambassador in Buenos Aires, Peter Lamelas, at the Casa Rosada on Monday, engaging in brief private discussions. Lamelas, 66, formally presented his diplomatic credentials to the President, a day after officially commencing his mission in Argentina. The Cuban-born US diplomat made an appearance at Government House shortly … Read more

Blue Dollar News

Miami is Milei’s global summit destination with Trump and Messi

Javier Milei is set to return to the United States this week to participate in a global summit in Miami, where he will be among notable attendees such as national football team captain Lionel Messi and US President Donald Trump. This marks the 14th visit to the United States for the President since assuming office … Read more

Peter Lamelas

Buenos Aires welcomes new US ambassador Peter Lamelas

The US Embassy in Argentina has formally declared the arrival of its new ambassador, Peter Lamelas, who arrived in Buenos Aires on Friday. “Welcome to Argentina!” Ambassador Peter Lamelas has arrived in Buenos Aires today and is set to present his credentials, marking the commencement of his duties at a pivotal juncture in the bilateral … Read more

Blue Dollar Updates

Milei Caught Between US Pressure and China Ties

Despite Argentina’s assertions to the contrary, the bailout from the United States government seems to be contingent upon certain conditions: they are seeking to eliminate China’s presence in Argentina. However, given Argentina’s substantial annual exports to China and the potential for significant infrastructure projects, one must consider whether President Javier Milei would genuinely sever these … Read more

Trump administration supports Milei government.

Milei benefits from new US funding for Argentina, but Trump threat angers

The administration of US President Donald Trump has expressed its backing for Argentina’s President Javier Milei, aiming to enhance his prospects in the upcoming midterm elections – the onus now rests on him to secure victory. Milei, 54, is approaching the final stretch of the campaign trail, buoyed by favorable winds from Washington, even as … Read more

Blue Dollar Updates

Trump Warns of US Exit if Milei Loses, Shaking markets

US President Donald Trump indicated that the US$20-billion support package the United States is considering for Argentina may depend on the performance of libertarian leader Javier Milei in the upcoming midterm elections, which has introduced new uncertainties in the currency market. “If he wins we’re staying with him, and if he doesn’t win we’re gone,” … Read more

Milei requests political and economic aid from the White House

President Javier Milei is set to visit the White House on Tuesday, seeking a prominent display of political and economic backing from his US counterpart, President Donald Trump, in anticipation of crucial midterm elections. As Argentina grapples with the prospect of yet another financial crisis and Milei’s disapproval ratings continue to climb, the libertarian figure … Read more

Blue Dollar Updates

OpenAI’s Argentina Announcement Blends Investment and Political Marketing

A multimillion-dollar investment in Artificial Intelligence in Patagonia and the launch of the Stargate Argentina project have been touted as a historic milestone. However, given the current charged electoral and geopolitical context, it is essential to consider not only the promises being made but also the beneficiaries, the underlying objectives, and the regulatory framework governing … Read more

Blue Dollar Updates

Argentina is rescued by US Treasury peso purchases

The United States swiftly moved to stabilize Argentina’s economy on Thursday, providing US$20 billion in financing and executing an uncommon intervention in currency markets to support the peso following weeks of significant declines. Washington has finalized a US$20-billion currency swap framework with Argentina’s Central Bank, as stated by Treasury Secretary Scott Bessent in a social … Read more

Blue Dollar Live

IMF Leader Extends a Helping Hand to Argentina

The leader of the International Monetary Fund provided a renewed endorsement for Argentina on Friday, aligning with the Trump administration’s initiatives to bolster President Javier Milei ahead of the country’s midterm elections scheduled for later this month. IMF Managing Director Kristalina Georgieva indicated that she had discussions with US Treasury Secretary Scott Bessent regarding “extensive … Read more