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Milei Shifts to Frontline Campaign as Markets, Congress and Courts Close In

After a bruising week, the government seeks traction before the October 26 vote.

Overview

  • Argentina’s central bank sold roughly US$1.1 billion in recent sessions to hold the dollar at the top of its band, including a record US$678 million in a single day, reflecting acute market stress.
  • Congress advanced efforts to curb emergency decrees and moved against key presidential vetoes, with opposition blocs pushing for floor votes as the ruling coalition scrambles for support in the lower house.
  • Javier Milei is relaunching his campaign with a New York trip for the UN General Assembly that includes a planned bilateral with U.S. President Donald Trump, meetings with multilateral and U.S. officials, and messaging aimed at reassuring investors.
  • The ANDIS corruption probe intensified with new raids and the reported seizure of US$80,000 from a safety‑deposit box linked to ex‑official Diego Spagnuolo, while Milei dismissed the leaked audios as fabricated.
  • Mexico said consular teams have interviewed at least 198 nationals connected to the Everglades detention center in Florida and will deploy about MXN 115.9 million from a special lottery to six migrant‑support programs, including bail assistance and expanded consular capacity.