Overview
- Decree 407 was published on Monday and spells out how employers must handle payroll receipts, medical leave, hiring registrations and termination procedures under the new labor law.
- Economy Minister Luis Caputo announced the resignation of Secretary José García Hamilton and named Juan Ignacio Stampalija as his replacement, and Chief of Cabinet Manuel Adorni is finalizing a sworn assets declaration expected around the start of the World Cup.
- A journalistic probe found Banco Nación granted 1,120 mortgages to politically exposed persons between January 2024 and March 2026, prompting a criminal complaint and raising fresh transparency questions for the Milei administration.
- In Peru, urban transport unions in Lima and Callao confirmed a strike for June 2 after the government’s emergency subsidy excluded urban operators, and the JNE put pre-runoff electoral restrictions into force ahead of the June 7 vote.
- The combined developments tighten political pressure across both countries by testing public services, fueling judicial and parliamentary scrutiny in Argentina and threatening commuter disruption and electoral tensions in Peru.