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Milei Takes Charge of Campaign as Congress Pushes Back and Markets Reel

He is turning to a high-profile U.S. trip to project stability after reserve losses plus congressional reversals.

Overview

  • Argentina’s Central Bank sold roughly US$1.1 billion this week to defend the peso at the top of its band, underscoring mounting market stress.
  • Opposition forces notched more wins in Congress, rejecting key vetoes and moving a bill that would curb presidential DNU powers toward a Sept. 30 committee vote, with some allied governors signaling distance.
  • Javier Milei launched his interior tour in Córdoba and will travel to New York for the U.N. General Assembly, with planned meetings including IMF chief Kristalina Georgieva and President Donald Trump to reassure investors.
  • The ANDIS corruption probe advanced with new raids ordered by Judge Sebastián Casanello; investigators reported finding US$80,000 in ex-agency head Diego Spagnuolo’s safety‑deposit box, while Milei dismissed the circulated audios as fabricated.
  • Separately, Mexico’s Foreign Ministry said consular teams interviewed 198 nationals at Florida’s Everglades detention center, noted reports of mistreatment, and announced lottery‑funded programs to expand migrant support, including bail assistance.