Milei

Argentina's Milei lifted the cepo in April 2025, causing the official and parallel USD exchange rate gap to drop below 4%. Card payments now align with the real rate, making transactions easier.

The article provides a 2026 reference guide on Argentina's economic crisis under Milei, covering verified inflation, GDP, poverty figures, investment steps, and pitfalls for expats. It is published by The Rio Times.

The article highlights Brazil's budget scandal, Argentina's Milei issuing a speech decree, Paraguay addressing historical wounds, and Mexico's concerns over trade. It provides a regional overview of Latin American developments on July 31, 2026.

Argentina's President Milei will announce a Central Bank reform to end government financing. The reform restores the Central Bank's sole mission to preserving currency value and prohibits it from financing the national government, provinces, and municipalities. It also outlines a privatisation path.

Argentina's first half of 2026 saw 56 M&A deals totaling US$5.7 billion, with Visa's US$1.5 billion acquisition of Prisma Medios de Pago and Newpay as the top transaction. Local investors led 59% of acquisitions, and energy/resources accounted for one-third of transactions, driven by President Milei's RIGI investment reforms.

Brazil has recalled its ambassador to Argentina following remarks by Argentina's president, who called the Brazilian leader a 'convict' and a 'thief' during a visit to support far-right presidential candidate Flavio Bolsonaro.

Flavio Bolsonaro has launched his presidential bid in Brazil with support from Milei. He is the son of former Brazilian President Jair Bolsonaro and aims to challenge President Lula.

Flavio Bolsonaro, a right-wing candidate, has launched his Brazil presidential campaign with endorsements from Netanyahu and Milei but faces low poll numbers ahead of a potential contest with Lula.

H&M will open its first store in Argentina in 2027 at Buenos Aires’s Alto Palermo through franchise partner Hola Moda. The development is described as an 'early trophy for Milei’s market opening.'

Argentina recorded a June primary fiscal deficit of US$472.76 million (696.8 billion pesos), ending a series of primary surpluses under President Milei's economic program. Seasonal factors like bonus payments and interest can affect monthly fiscal accounts.

Argentina's Merval surged 2.43% to near 3.28 million points on July 13, driven by bank stocks, while country risk remained near an eight-year low linked to Milei.

Argentina's Milei will attend Keiko Fujimori's July 28 inauguration in Peru as part of a regional tour highlighting Latin America's rightward political shift. The event is part of a broader movement in the region.

Argentina's president will attend a rally for Flávio Bolsonaro in São Paulo on July 25 and greet jailed Jair Bolsonaro, a move seen as a snub to Lula.

Argentina celebrates a World Cup victory while President Milei plans a state shutdown; Colombia experiences another penalty-related exit; President Lula confronts the Senate; and Sheinbaum faces a political challenge. The article is published by The Rio Times.

Argentina is opening its state nuclear sector to private and foreign capital under President Milei, including a planned sale of 44 percent of nuclear utility Nucleoeléctrica. The home-grown CAREM reactor project, 85 percent built, has been halted despite over $400 million spent.

Washington downgrades USMCA, a Lima court reclaims China's Chancay port, and Milei targets the central bank. The article highlights these three key developments in Latin American news for July 3, 2026.

The Argentina Rural Exhibition, the country's largest annual farm fair, opens in Buenos Aires on July sixteen. President Milei will close the event.

Manuel Adorni resigned as Milei’s cabinet chief after admitting to holding $500,000 in unreported savings. He claimed the money was legally earned but acknowledged a mistake, denying any theft.

President-elect Abelardo de la Espriella plans to reduce the size of the state and build mega-prisons in the Amazon. The strategy draws inspiration from rightwing leaders like Milei and Bukele.

Argentina's inflation rate dropped to 2.1% in May, marking the second consecutive monthly slowdown and the lowest level in eight months. Annual inflation is now near 33%, a significant decrease from the triple-digit rates two years ago, providing President Milei with a political boost.

The easiest route for foreign investors to access Argentina's market in 2026 is through the Global X MSCI Argentina ETF (ARGT) on the NYSE. Key companies like YPF, Grupo Financiero Galicia, Banco Macro, and Pampa Energía offer ADRs in New York. Milei’s reforms have reduced inflation and boosted the Merval stock index.

Milei’s top aide admitted hiding $500,000 from the Argentine tax agency. The President’s spokesperson stated that many Argentines keep savings 'off books' similarly.

S&P raised Argentina's credit rating to B- from CCC+ with a stable outlook, citing a budget surplus, central-bank dollar reserves, and improved financing access. The agency highlighted Argentina's Vaca Muerta energy project as a key factor in the upgrade.

Latin American markets rebound as oil prices stabilize, with Chile leading the recovery. Brazil's markets firm due to Lula's polling lead, while Milei's reform bill faces delays. The World Cup opens at the Azteca stadium.

Argentina's libertarian government, led by Milei, plans to privatize workers' hotels priced at $10 per night. These hotels are part of large 'social tourism' complexes established during the Perón era.

Argentines are protesting against Milei's decision to defund public universities. The protests are likely a response to concerns about access to education. Milei's actions may have significant implications for the education system.

Milei ally demands answers to graft allegations against top aide. The allegations are being made by Patricia Bullrich. The situation is currently unfolding.