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The Latest Breaking News from Luis Caputo

Argentina Receives $42 Bn From International Financial Institutions

Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on Friday, as its president said his country's economy will grow "like never before."

International Business Times

Argentina says it will lift the country's strict currency controls with the help from the IMF

Argentine President Javier Milei’s economy minister says the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund

The Independent UK

Argentina Seeking $20 Billion IMF Loan

Argentina has sought a $20 billion loan from the International Monetary Fund, the country's economy minister said Thursday, as the government struggles to hold on to foreign reserves while propping up an ailing currency.

International Business Times

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Javier Milei Slashes Argentina's Inflation in Just 1 Year

Austerity measures and bold economic reforms led to the country's lowest inflation rate in over four years.

Reason

Sunday Scaries: What I'm Watching This Week In The Grain Markets

Marking the last article of 2023 with a deep dive into what is happening in Argentina and why it matters to grains and oilseeds.

Barchart

Milei Begins Shock Therapy in Argentina

The self-described anarcho-capitalist president devalued the peso, halved government ministries, and announced a series of spending cuts.

Reason

Argentina Slashes Subsidies And Devalues Peso By 50% As Milei's Austerity Plan Takes Shape

The new president of Argentina has begun a process of "shock therapy" in a bid to save the country from economic collapse.

International Business Times

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Argentina Devalues Local Currency By 50%, Cuts Energy, Transportation Subsidies To Revive Economy

Luis Caputo said the country was going to see "worse than before" for a couple of months, adding that all the new government projects were halted as there was "no more money."

Latin Times

Argentina’s new government devalues peso by more than 50%

Package of spending cuts introduced in attempt to tackle country’s worst economic crisis in decades

The Guardian - UK

Argentina Devalues Peso, Unveils Measures To Avoid 'Hyperinflation'

The government of President Javier Milei announced cuts to generous state subsidies and a halt to all new public construction projects.

Latin Times

In first speech, Argentina's Javier Milei warns nation of painful economic shock

Argentina's newly empowered President Javier Milei presented figures to lay bare the scope of the nation's economic "emergency," and sought to prepare the public for drastic public spending cuts.

WEKU

Javier Milei prepares Argentina for shock adjustments in inaugural speech: ‘We don’t have time’

Economist Javier Milei sworn in as Argentina’s president and immediately moves to prepare public for drastic public spending cuts

The Independent UK

In inaugural speech, Argentina's Javier Milei prepares nation for painful shock adjustment

Economist Javier Milei has been sworn in as Argentina’s president and has immediately moved to prepare the public for a painful shock adjustment with drastic public spending cuts

The Independent UK

The inauguration of Javier Milei has Argentina wondering what president it will get

As economist Javier Milei assumes Argentina's presidency, the nation wonders which version of the anti-establishment crusader will govern.

WEKU

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Latin Times

Economist Santiago Bausili To Become Argentina's Central Bank Chief Under Milei Administration

The economist is known to be a close ally of Luis Caputo, who is the incoming economy minister.

Evening Standard

British minister flies to the Falklands after Argentina’s president-elect Javier Milei vows to 'get them back'

Foreign Office minister David Rutley stressed the UK strongly backs the islanders’ rights to self-determination as an 'important part of the British family'

Latin Times

Argentina's Milei Announces Ex-Central Bank Chief As New Economy Minister

Caputo had served as the minister of economy from 2017 to 2018 and the president of the Central Bank of Argentina in 2018.

The Independent UK

Argentina's president-elect announces his pick for economy minister

Argentina’s President-elect Javier Milei says he's chosen Luis Caputo, a former finance minister and Central Bank chief who is known as an expert in markets, to lead the Economy Ministry when the right-wing leader takes office on Dec. 10

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