Overview

• President Trump publicly confirmed U.S. support for Argentina after talks in New York, and local outlets report a $20 billion facility slated to be available on October 24, which triggered an immediate rally in bonds and a drop in risk indicators.
• The Argentine government had been selling down usable reserves to hold the dollar at the top of the exchange band and briefly scrapped export taxes to pull in hard currency, a move that rapidly drew billions but carries fiscal costs.
• Seeking votes for its agenda, the administration tasked Interior Minister Lisandro Catalán with repairing ties to governors, scheduling new meetings as the 2026 budget enters Congress and provinces press to extend zero farm levies.
• Fresh polling in Buenos Aires province shows Milei’s image sliding to 41% positive and 58% negative as Axel Kicillof gains ground, with Fuerza Patria maintaining an advantage in legislative voting intentions.
• Regional judicial developments include Peru’s rejection of Vladimir Cerrón’s habeas corpus, formal fraud charges against former officials in San Luis, reports that Spain’s government pressed the CGPJ over a judge’s conduct, and a Córdoba judge’s briefing on advances in dictatorship-era human rights cases.