Argentina's Senate debated and advanced Javier Milei's Private Property Inviolability bill on August 6, 2026; the government pulled a chapter that would have allowed foreign nationals to buy Argentine land after large-scale protests and public backlash; clashes outside Congress left three people detained and two police officers injured; the Senate is expected to approve the trimmed bill after the ruling coalition defeated an opposition attempt to return it to committee
Argentina's libertarian-anarcho-capitalist president since December 2023, Milei is running a radical austerity program that has slashed inflation and redefined Buenos Aires's ties with the IMF and Washington.
full dossier ›A FocusEconomics survey of more than 40 banks and consultancies published on August 5 showed trimmed Argentine growth projections for the rest of 2026, as opposition press reported Q1 momentum stalling; the World Bank separately projected 3.6% growth for Argentina in 2026, while President Javier Milei said wages and consumption were at historic highs
Argentine President Javier Milei announced on July 30 a reform to the Banco Central de la República Argentina's organic charter that bans the BCRA from financing the government and directs the institution to focus solely on maintaining the value of the currency; the bill is to be sent to Congress; the announcement was made in a national address
The Washington Post noted on July 27 that Argentina earned its third credit rating upgrade in three months, while Bloomberg reported that IMF chief Kristalina Georgieva visited Buenos Aires as Argentina's US$57 billion repayment bill comes due; separately, reporting shows the Milei government is deepening spending cuts to maintain its primary surplus target as a recession reduces tax collection
Brazil's President Luiz Inácio Lula da Silva dismissed Argentina's President Javier Milei with an ironic 'Who's that guy?' on July 27-28, after Brazilian Foreign Minister Mauro Vieira described Milei's July 26 insults as a 'provocation unprecedented in 200 years of bilateral relations'; the first formal diplomatic encounter ended without any agreement, Argentina's presidential palace refused to apologize, and Brazil's Finance Minister called Milei a 'clown'
Argentina's President Javier Milei called Brazilian President Luiz Inácio Lula da Silva a convict and a thief at a political rally in São Paulo on July 26 supporting Flávio Bolsonaro's candidacy; Brazil's government recalled its ambassador Julio Bitelli from Buenos Aires for consultations, describing the relationship as a diplomatic crisis, while Argentina's presidential palace acknowledged political relations are now 'critical'
Argentina's University Torcuato Di Tella consumer confidence index fell 4.8% in July 2026, snapping three months of consecutive gains; future expectations dropped 7.2% against June; the Merval fell 1.78% on July 24 as Iran-war oil turbulence drove country risk above 400 points, the peso sliding to 1,489 per US dollar
Economy Minister Luis Caputo says the Milei government has a financing plan through end-2027 without returning to international bond markets, while keeping that door open if conditions improve
Manuel Adorni resigned June 27 under investigation for illicit enrichment, and Milei pivoted to Diego Santilli, a seasoned PRO operative from the Macri wing, signalling a shift from the libertarian's anti-politics brand toward congressional dealmaking.
Asunción hosts a bloc split three ways: Argentina's Washington pact and CPTPP bid, Venezuela's re-entry, and a stalled EU agreement
South America's second-largest economy, Argentina has defaulted on sovereign debt more times than any other G20 member and is now in its 23rd IMF program since the 1950s.
Argentina's official currency, prone to recurrent devaluation crises, now under a managed crawling-band regime backed by a US$20 billion IMF program launched in April 2025.
A federal-police report finds the token's supply concentrated in one address; Inecip and Cipce seek Milei's indagatoria
The float climbs toward the crawling-band top while reserves hit a seven-year high, the tension at the heart of the IMF program
INDEC prints 2.1% as the disinflation holds, though still above Milei's sub-2% goal
Manuel Adorni concedes off-the-books savings the anti-casta government had built ethics policy around; opposition pushes a censure session
The self-styled Beijing critic extends the active yuan swap tranche for 12 months as Washington presses Buenos Aires to cut financial ties
The large-investment regime tops 18 approved projects and >US$22.5bn; critics cost the fiscal giveaway at ~US$1.8bn a year
A new corporate category run by AI agents, human shareholders optional; Harari warns of regulatory arbitrage and impunity
The Fund unlocks ~$1bn and praises the disinflation, but pins a reserves floor that critics say could reignite inflation in an election year