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Inflation in Buenos Aires Accelerates to 3% in March Driven by Fuel, Utilities, and Public Transport
Inflation in the City of Buenos Aires accelerated to 3% in March, exceeding February’s 2.6% and aligning with private sector estimates. This uptick is largely attributed to significant price hikes in essential services and goods, including fuels, public utility tariffs (electricity and water), urban bus fares, and private education fees, which saw the largest monthly…
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Massive Debt Plagues Argentine Public Transport, Disrupting Commutes and Pitting Officials Against Each Other
* A significant debt owed by national and provincial governments to public transport operators has led to reduced bus services and longer wait times across the Buenos Aires metropolitan area.
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Corruption Probe Widens: Former ANDIS Officials and 27 Others Face New Scrutiny
* Argentine prosecutor Franco Picardi has requested new interrogations for former ANDIS officials Diego Spagnuolo and Daniel Garbellini, along with businessman Miguel Ángel Calvete and 27 other individuals, in a widening corruption investigation.
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Javier Milei’s Great Contradiction: Libertarian Ideologue Embraces Pragmatism and the Trumpian World Order
Argentine President Javier Milei is navigating the highest-stakes period of his tenure by balancing dogmatic libertarian ideology with a rapidly developing sense of political opportunism, a dynamic most evident during his recent appearances on the global stage. While his core message remains fixed on the ethical and economic supremacy of the free market, his actions…
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Milei Government Stakes Credibility on ‘All-or-Nothing’ Budget Vote in Argentine Senate
In a high-stakes legislative gamble deemed “all-or-nothing,” the Argentine government is pushing for Senate approval of the 2026 National Budget bill in a challenging post-holiday session. The passage of this fiscal framework is essential for the administration of President Javier Milei, not only to project stability to international markets but, critically, to advance negotiations with…
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Argentina Ends Eight-Year Debt Hiatus with New Dollar Bond Issuance
Minister of Economy Luis Caputo confirmed this week that the Argentine government is returning to the capital markets, announcing a highly anticipated debt auction designed to refinance future maturities and bolster the Central Bank’s net reserve accumulation efforts. The issuance is the first sovereign dollar-denominated bond since January 2018, when Caputo, then serving as Finance…
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Federal-Provincial Clash Intensifies: Buenos Aires Threatens Legal Action After Milei Government Signals Debt Blockage
The simmering fiscal tension between the administration of President Javier Milei and the powerful Province of Buenos Aires, governed by Peronist Axel Kicillof, has erupted into a full-blown political and legal confrontation following the province’s successful legislative push for massive new debt.
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Kicillof Secures $3.6 Billion Debt Authorization After Costly Political Deal-Making in Buenos Aires
In a marathon legislative session that stretched into the early hours of Thursday morning, Buenos Aires Governor Axel Kicillof successfully navigated complex internal and external political hurdles to secure authorization for a crucial debt package totaling just over $3.5 billion to $3.685 billion. The massive borrowing authority is essential for managing provincial commitments due in…
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IMF Warns Argentina on Reserve Goals, Demands ‘More Ambitious’ Accumulation Path
Speaking from Washington, IMF Communications Director Julie Kozack delivered a carefully balanced assessment of Argentina’s economic program this week, praising the government’s sustained efforts toward macro-stabilization but issuing a firm warning that the path to rebuilding international reserves remains fraught with difficulty.
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Argentina’s Food Price Slowdown Fuels Hopes for Broader Inflation Dip
Argentina is closely watching for the official release of its May Consumer Price Index (CPI) on June 13, with growing optimism driven by a significant slowdown in a key component: food and beverages. Preliminary data from multiple private consulting firms suggest that price increases in this crucial sector have sharply decelerated, and in some cases…