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04.09.26 - 22:09
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Argentina′s Milei Escalates Falklands Dispute With Oil Sanctions On UK, Israeli Firms (ZeroHedge)
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Argentina's Milei Escalates Falklands Dispute With Oil Sanctions On UK, Israeli Firms
Argentina's President Milei has announced plans to sign a decree sanctioning companies working on oil exploration of the Falkland Islands, coming a mere days after President Trump indicated that the US position on the archipelago was "under review".
The Libertarian-Right firebrand leader proclaimed quite provocatively that "The Falkland Islands are Argentinian, historically and legally. There is no debate" and added that the "winds of change" have more lately favored Argentina's claim.
Milei characterized the Falkland's Sea Lion Project, which is based out of what firmly remains a British territory, as essentially a resource-grab which undermines Argentinian sovereignty.
via photojet
The area to be tapped lies some 140 miles north of the Falkland Islands and is widely estimated to hold a whopping 1.7 billion barrels of oil.
The ambitious project involves Israeli and Britis...
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04.09.26 - 22:01
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Trump signs controversial beef deal with Brazil, Argentina (The Hill)
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President Trump said Friday that tariff-free imported beef will be coming from Brazil and Argentina, among other places, as his administration works to alleviate stubbornly high prices. “It's coming from Argentina. It's coming from Brazil,” Trump said at an Oval Office event surrounded by ranchers and farmers. “It's coming from a couple of other places.......
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04.09.26 - 01:30
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1,000 Days Of Milei (ZeroHedge)
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1,000 Days Of Milei
Authored by Michael Talbot via BondVigilantes.com,
One thousand days is a long time in politics...
When I wrote about Javier Milei's first 100 days in office, Argentina was embarking on yet another attempt to break free from a cycle that had become painfully familiar: fiscal excess, monetary financing, inflation, capital controls and, eventually, crisis. Markets were optimistic, but they had been optimistic before. Argentina has a habit of disappointing even its most enthusiastic supporters.
At the time, Milei inherited an economy in severe distress alongside a reform agenda that many viewed as politically impossible to implement. Today, as Argentina approaches the 1,000-day mark of his presidency, investors can point to something far more tangible: results.
That does not mean the story has been flawless. Economic recovery has come with significant social costs, political controversy remains a constant feature of Milei's presidency, and accusations surrounding the LIBRA c...
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