Overview
- Electoral authorities in Buenos Aires City are finalizing the tight contest for the 13th lower‑house seat, where a roughly 1,400‑vote margin could leave Martín Lousteau in or hand the spot to La Libertad Avanza’s Valeria Rodríguez Trimarchi.
- The definitive recount in the Province of Buenos Aires is underway in La Plata, with the provisional tally showing La Libertad Avanza ahead by about 46,600 votes and completion expected early next week.
- Cristina Fernández de Kirchner publicly faulted Governor Axel Kicillof’s election desdoblamiento for the provincial setback, affirmed that the government won the vote, urged PJ unity, and party leaders are moving to delay internal renewal to March 2026.
- U.S. Treasury support, including a reported $20 billion swap line and public signals from Scott Bessent, has calmed FX pressures, with the peso hovering near 1,500 and analysts saying official actions are putting a floor under the dollar.
- The government injected liquidity via bond auctions that pulled implied yields toward roughly 3% TEA and relaxed bank reserve rules, though net reserves remain deeply negative, while industry leaders press to convert strong global beef demand into exports despite domestic supply constraints and only a potential U.S. quota expansion under discussion.