Overview
- Leaked audio published in late August alleged kickbacks tied to the disability agency and referenced Karina Milei, prompting the president to dismiss ANDIS chief Diego Spagnuolo as courts seized his phone and opened related probes.
- Argentina's Congress overturned Milei's veto of a bill boosting disability spending, and reporting describes additional legislative moves to curb decree powers that the government has used extensively.
- Markets weakened over the past month with the stock benchmark down more than 14%, bond yields near 13% and the peso sliding, leading the Treasury to begin intervening in the foreign exchange market.
- Polling cited by Reuters shows presidential approval falling to 39% after the allegations, with another survey indicating widespread public concern over the bribery claims.
- Forbes reporting details a power struggle redefining Milei’s inner circle as Karina Milei consolidates campaign control through Martín and Eduardo Menem, while strategist Santiago Caputo is sidelined ahead of the Sept. 7 Buenos Aires Province vote and Oct. 26 midterms.