MILEI
Lula vs Bolsonaro: As Brazil lies on the brink of tilting right, India watches its major BRICS partner
Flávio Bolsonaro secured leading votes against incumbent Luiz Inácio Lula da Silva in Brazil's elections on October 4. The runoff on October 25 could solidify right-wing power across South America, following a regional trend. Lula aims to reduce economic inequality while Bolsonaro focuses on crime and spending cuts. India is observing the elections closely due to its strategic partnership with Brazil in various sectors.
Argentina to launch citizenship-by-investment programme soon
Argentina will introduce its first citizenship-by-investment programme, targeting foreign investors in late 2026. Investors can gain citizenship through a $350,000 contribution or by purchasing $800,000 in government bonds. Family members can also apply under specific contribution thresholds. This initiative aims to attract foreign capital and improve the country’s investment climate. The government’s strategy reflects a commitment to international integration and economic stabilization efforts.
US to fund $7 billion of Argentina mineral, energy projects, document shows
The US Export-Import Bank plans to provide up to $7 billion in financing for critical minerals and energy projects in Argentina, as Washington seeks greater access to the region’s resources.
Charting the global economy: Fed officials raise interest rates
That marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursting Japan’s asset bubble.
Meta tests fact-check replacement in Latin America
Meta said Wednesday it had begun testing Community Notes in 16 Spanish-speaking countries in Latin America, a step toward replacing the professional fact-checking program it runs with partner organizations across the region.is among the fact-checking organizations that participate in Meta's program in Latin America and elsewhere.
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Scott Bessent: Can use US balance sheet for foreign policy
US Treasury Secretary Scott Bessent elaborated on leveraging financial mechanisms to achieve foreign policy objectives. He argued that this strategy fosters stronger alliances across the Western Hemisphere, highlighting Argentina as a key example of this tactic, which received substantial financial support to stabilize its currency and reinforce governance. His remarks clearly reflect the Trump administration's financial diplomacy approach.
Tech companies look to Argentina's windswept Patagonia to build massive data centers
As tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center campaigns, projects in initial stages in Argentina are developing without much public attention.
Argentina to investigate oil projects around Falklands
Argentina is actively probing into oil projects located close to the Falkland Islands, as President Javier Milei indicates that global developments bolster Argentina's claim over the archipelago. This comes in the wake of his recent address reiterating the country's sovereignty claims. Meanwhile, Britain has confirmed its support for the allegiance preferences of the Falkland Islanders, while the United States reviews its position on this sovereignty issue.
US billionaires are piling millions into Argentina's Shale boom, here’s what is driving it
American billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 billion joint venture with Mercuria Energy Group. Peter Thiel's hedge fund acquired a significant stake in Vista Energy, a leading producer. These investments follow President Javier Milei's economic reforms and deregulation. Vaca Muerta's production and resource estimates have seen substantial growth.
Charting the Global Economy: UK payrolls slide, inflation rises
The latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fueled by soaring energy prices. Across the euro area, business activity showed modest growth, though France's economy continues to struggle.
Brazil hits new diplomatic lows with US and Argentina
Brazil faces diplomatic friction with the United States and Argentina ahead of its elections. President Lula criticized the US visa revocation for Brazil's ambassador as irresponsible. Argentina's President Milei's insults led Brazil to recall its ambassador and downgrade ties. Brazil demands respect and rejects foreign interference in its electoral process. The nation also denied visas to US officials, citing election integrity concerns.
Argentina's Milei to back Bolsonaro's Brazil poll bid amid bank fraud row
Argentina's Javier Milei is attending a convention in Brazil to support Flavio Bolsonaro. This event occurs while Bolsonaro faces a bank fraud investigation by Brazil's Supreme Court. The probe threatens Bolsonaro's candidacy against President Luiz Inacio Lula da Silva. Milei seeks to influence the global right by backing Bolsonaro's challenge. This high-stakes regional bet aims to counter leftist influence in Latin America.
Milei triumphs in Argentine midterm elections closely watched by Washington
Argentina's President Javier Milei achieved strong wins in recent midterm elections. His party gained significant seats in Congress, bolstering his plans for economic reforms. This victory provides him with crucial support to implement his agenda. The results signal a shift away from decades of Peronist rule. International observers noted the election's importance, especially regarding financial aid.
Trump signs $20 billion lifeline for Argentina
In a landmark deal, Argentina and the United States have forged a $20 billion financial agreement designed to shore up the South American nation's economy and bolster President Javier Milei's initiatives.
Trump has said Milei must win Argentina's midterm vote. What does that look like?
US President Donald Trump has articulated a direct connection between Argentina's future support and the performance of President Javier Milei's party in the imminent midterm elections. Although Milei's strategies have effectively brought down inflation, the resultant austerity has left many citizens feeling fatigued.
PM Modi thanks Argentina PM for solidarity in Pahalgam terror attack aftermath
Prime Minister Narendra Modi met with Argentinian President Javier Milei in Buenos Aires, where he thanked Milei for Argentina's support following the Pahalgam terror attack in Jammu and Kashmir. The leaders discussed strengthening the strategic partnership between India and Argentina, exploring cooperation in various sectors like trade, defence, agriculture, and technology.
What's the formula for a good equation with Donald Trump? Flattery
Argentina has offered Trump something else he appears to crave: adoration. "I love him because he loves Trump," Trump said of Javier Milei, President of Argentina, in a speech last year. "Anybody that loves me, I like them." Milei has repeatedly and publicly lauded Trump. He has posted doctored images of them embracing. He has gifted Musk a custom chain saw. And when Milei became the first world leader to visit Trump after the US election, he danced around Mar-a-Lago and told the crowd, "Today the world is a much better place."
Crypto Market Shock: $99 million vanishes from Libra token amid Argentina’s President Milei controversy—Was his endorsement the catalyst?
Crypto Market Scandal: $99 Million Withdrawn from Libra Token Linked to Argentina’s President Milei—A major crypto controversy has erupted after around $99 million was withdrawn from the liquidity pool of the Libra token ($LIBRA), a digital asset briefly promoted by Argentina’s President Javier Milei. The token surged above $4.50 but crashed within hours, leaving investors at a loss. Blockchain research firms Chainalysis and Nansen traced the withdrawals to wallets linked to the token’s creator. With a federal investigation underway, questions arise about Milei’s involvement and the risks of political endorsements in the volatile crypto market.
Argentina’s $LIBRA scandal: President Javier Milei under fire after cryptocurrency collapse
Argentine President Javier Milei faces intense scrutiny after his endorsement of the cryptocurrency $LIBRA, which saw a rapid rise and sudden crash, causing significant investor losses. Allegations of a potential scam and calls for impeachment arise as an investigation is underway.
Cryptocurrency promoted by Argentina's President Milei crashes
Argentina's President Javier Milei admitted making a mistake on Saturday after promoting a cryptocurrency whose value soared and then crashed, with his office announcing an "urgent investigation".
Argentina President Javier Milei apes Donald Trump, withdraws country from World Health Organization
Recent reports have revealed that the Argentina President Javier Milei also walked the similar path like US President Donald Trump. Argentina will be reportedly withdrawing its name from the World Health Organization.
Elon Musk and Vivek Ramaswamy may have found their DOGE formula from Argentina's Milei
Argentina, under President Javier Milei, achieved its first fiscal surplus in 123 years by slashing government spending. Elon Musk, who recently joined the US Department of Government Efficiency (DOGE), praised Milei's success. Musk is now seeking public input on wasteful US regulations to guide DOGE's efforts.
DOGE clues for Elon Musk from Argentinian president Javier Milei? He cut inflation from 54% to 2% and eliminated 5 regulations per day; here's why he's dubbed as a madman
Javier Milei’s bold economic revolution in Argentina is a test case for many. Is he a visionary or a madman?
Can Milei defuse Argentina's economic time bomb?
Argentina's new president is turning the economy around. He cut spending and inflation. The currency and stock market are up. Dollars are returning to the banks. Milei remains popular despite some people having less money. He is a controversial figure who says what he thinks.
When a country's President stopped his motorcade for a lost dog
Argentina's recently inaugurated President, Javier Milei, well known for his fondness for dogs, unexpectedly paused his motorcade to greet a lost golden retriever, showcasing his canine affection. iVdeos circulating on social media capture Milei stepping out of his car to pet the stray dog.
Argentine libertarian Javier Milei takes presidency with economic crisis in focus
Javier Milei was sworn in Sunday as Argentina's president, as the country steels itself for harsh spending cuts and economic reforms aimed at curbing rampant inflation. The 53-year-old libertarian economist has vowed there will be no "half-measures" as he tackles decades of overspending, debt and convoluted currency controls in Latin America's third-biggest economy.
Argentine markets react with optimism to Milei election
Monday, the day after the election, was a public holiday in Argentina, delaying the market reaction. But immediately Tuesday, the stock market opened up 20 percent, before easing off to gains of about 14 percent.
The lion, the wig and the warrior. Who is Javier Milei, Argentina's president-elect?
A few years ago, Milei was a television talking head whom bookers loved because his screeds against government spending and the ruling political class boosted ratings. At the time, and up until mere months ago, hardly any political expert believed he had a real shot at becoming president of South America's second-largest economy.
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