News
TENSE DAY FOR THE REFORM OF THE GLACIER LAW
- 08/04/2026 » 15:38 by cronywell
🌊 TENSE DAY FOR THE REFORM OF THE GLACIER LAW: THE RULING PARTY IMPOSES ITS NUMBER AMID PROTESTS AND A BESIEGED CONGRESS
The bill that modifies Law 26,639 is approved in the Chamber of Deputies with the support of mining provinces, while environmentalists and scientists warn of a "historic setback" in the protection of water resources.
📊 Reading time: 6 minutes
🏷️ Keywords: Glacier Law • Mining Reform • Javier Milei • Deputies • Environment Argentina
🧊 THE BACKGROUND OF THE CONFLICT: WHAT IS THE REFORM ABOUT?
Glacier Law 26,639, passed in 2010, was a pioneer worldwide in establishing that glaciers and the periglacial environment – areas of frozen soils that surround eternal ice – are "public goods" and "strategic water reserves". Argentina has approximately 17,000 ice bodies, essential for the water regulation of basins that supply millions of people in arid and semi-arid regions.
The reform promoted by the Executive and approved today modifies the heart of that protection. The new articles establish that only those glaciers and periglacial geoforms that fulfill an "effective and relevant water function" for the recharge of basins or human consumption will enjoy protection. In practice, this means that vast areas hitherto untouchable could be enabled for mining or hydrocarbon exploration and exploitation.
"The project distorts the spirit of the law and is not based on the latest advances in scientific knowledge about glaciers"
— Scientists from CONICET and the National University of Córdoba, in a letter sent to legislators
🗳️ THE NUMBERS OF POWER: HOW THE MAJORITY WAS BUILT
Today was the outcome of a legislative strategy that the ruling party has been weaving since February, when the Senate gave half sanction to the project with 40 votes in favor, 31 against and one abstention.
This afternoon, in the Chamber of Deputies, La Libertad Avanza consolidated a coalition that exceeded 130 votes, reaching – according to parliamentary sources – up to 140 votes. The arch of supports included:
- ✅ The PRO
- ✅ The Radical Civic Union (UCR)
- ✅ Federal Innovation
- ✅ A sector of Unión por la Patria (especially legislators from mining provinces such as San Juan, Catamarca and Mendoza)
- ✅ Provincial parties
The opposition bloc of Union for the Homeland, United Provinces and the Civic Coalition signed rejection opinions, warning that the measure violates the minimum environmental budgets established in Article 41 of the National Constitution.
📍 The Provincial Vote: Fracture of Peronism
A key factor was the pressure of the Andean governors. Governors such as Marcelo Orrego (San Juan), Raúl Jalil (Catamarca), Gustavo Sáenz (Salta) and Alfredo Cornejo (Mendoza) defended the reform as necessary to attract mining investments for billions of dollars in copper and lithium, under the RIGI (Incentive Regime for Large Investments).
"At no time did a governor propose modifying the glacier law and changing quality standards. It is not true that mining goes against the environment"
— Marcelo Orrego, governor of San Juan, during the plenary session of commissions
This position generated an internal fracture in Peronism: while the national leadership of Union for the Homeland rejected the project, deputies from San Juan and Catamarca voted in favor.
📢 THE STREET BURNS: PROTESTS, ESCALATIONS AND VIGILS
While the deputies deliberated, the Congress was transformed into an armored fortress.
⏰ 6:30 AM | Greenpeace scales the Monument to the Two Congresses
Greenpeace activists staged the first high-impact action of the day. Shortly after 6:30 a.m., two militants climbed the Monument to the Two Congresses and unfurled two giant banners that read from the avenue: "Deputies: do not betray the Argentines" and "The Glacier Law is not touched."
Nine people were delayed by the City Police, and firefighters from the Special Rescue Group intervened to lower the demonstrators who remained at height. All of them regained their freedom hours later, but with contraventional acts.
⏰ 13:00 HS | Rally of the Left Front
From noon, columns of the FIT (Left Front) began to arrive in the area of Avenida de Mayo and 9 de Julio. The slogan was clear: "No to the looting of the glaciers." Former deputy Juan Carlos Giordano denounced that "the government of Javier Milei intends to hand over the glaciers to the mining companies for 30 years."
⏰ 5:00 p.m. | Mass march and vigil until the vote
The call was extended to social organizations, environmentalists and unions. A crowd filled the Plaza del Congreso, where an artistic festival was held with musicians committed to the cause. The demonstrators announced that they would remain in place until the result of the vote was known.
⚖️ THE TECHNICAL KEYS: WHAT EXACTLY CHANGES?
|
Appearance |
Current Law (2010) |
Reform approved |
|
Glacier protection |
Absolute over every ice body |
It is maintained, but with the possibility of disaffiliation if it does not fulfill "water function" |
|
Periglacial environment |
Protected as a strategic water reserve |
Protection only if reliable water function is demonstrated |
|
National Inventory |
Binding for mining activity |
The provinces can review it and request modifications |
|
Powers |
Nation sets minimum budgets |
Provinces define which areas to protect according to their own criteria |
|
Mining activities |
Prohibited in protected areas |
Allowed in periglacial areas with no proven water function |
Source: Authors' elaboration based on the text of the project and journalistic coverage

🌎 THE ECONOMIC CONTEXT: MINING AS A WAY OUT
The government of Javier Milei is promoting this reform as part of a broader strategy to deregulate the economy and attract foreign investment. The mining sector sees the modification as an opportunity to develop copper megaprojects – such as El Pachón (US$ 9,500 million) and Agua Rica (US$ 4,000 million) – which today remain paralyzed by legal uncertainty.
In addition, in February 2026, Argentina and the United States signed an agreement to strengthen critical mineral supply chains, reinforcing the country's attractiveness to international capital.
"With this law there will be more lawsuits. The Supreme Court has already endorsed the current law and a new one will have to be submitted to the Court's gaze."
— Germán Martínez, head of the Union for the Homeland bloc
⚠️ SCIENTIFIC WARNINGS AND POSSIBLE LEGAL REMEDIES
More than a few scientists from CONICET and national universities sent a letter to legislators warning that the reform ignores the strategic value of glaciers as water reserves in a context of climate change.
"The reform proposed by the current administration sets a negative and dangerous precedent for Argentine environmental policy. By shifting power to the provinces, these important safeguards can be determined based on political expediency rather than collective environmental rights."
— Cristian Fernández, professor at the University of Buenos Aires and legal coordinator of FARN
Environmental organizations have already anticipated that they will resort to justice. The possible axes of challenge will be:
- The violation of Article 41 of the Constitution, which establishes that the Nation dictates the minimum environmental budgets, without the provinces being able to reduce them.
- The lack of a cumulative environmental impact assessment prior to the legal amendment.
📈 RESULTS OF THE VOTE (PROVISIONAL DATA)
|
Block |
Vote |
|
Freedom Advances |
✅ In favor |
|
PRO |
✅ In favor |
|
UCR |
✅ In favor (majority) |
|
Federal Innovation |
✅ In favor |
|
Union for the Homeland |
❌ Against (with exceptions) |
|
United Provinces |
❌ Against |
|
Civic Coalition |
❌ Against |
|
Left Front |
❌ Against |
Final estimate: between 135 and 140 votes in favor, 80 against.
🔮 WHAT'S NEXT
With the final sanction in the Chamber of Deputies, the reform becomes law. However, the conflict is far from resolved:
- Immediate judicialization: Amparos and judicial presentations by NGOs and opposition provincial governments.
- Conflicts between the Nation and the provinces: The law grants governors powers to reinterpret the Glacier Inventory, which will generate technical and political tensions.
- Impact on the international image: Argentina had been recognized for its leadership in glacier protection; this reform could affect environmental agreements and external financing.
📌 Executive Summary
The Chamber of Deputies turned into law the reform of the Glacier Law promoted by Javier Milei, with votes from the ruling party, the PRO, the UCR and Peronist governors of mining provinces. The regulation allows mining activity in periglacial areas without proven water function. The day was marked by Greenpeace's escalation of the Monument to the Two Congresses and a massive mobilization in front of Parliament. Environmentalists and scientists anticipate legal appeals.
Sources: Columbia Climate School, Telefe Noticias, Parlamentario, Letra P, Noticias Argentinas, Buenos Aires Times, La Gaceta, Diputados Bonaerenses, Rumbo Minero.
The Government is moving forward with the largest road concession in the last decade
- 07/04/2026 » 20:16 by cronywell
🚗 The Government is moving forward with the largest road concession in the last decade: 12,000 kilometers of roads will pass into private hands from June
The Federal Concessions Network will eliminate state subsidies and will be financed exclusively with tolls, in a historic turn for Argentine infrastructure
📅 April 7, 2026 | ⏱️ Reading Time: 6 minutes
Buenos Aires — The Ministry of Economy, headed by Luis Caputo, confirmed this week the definitive schedule for the third and most ambitious stage of the Federal Road Concession Network. Starting in June 2026, the national government will tender 12,000 kilometers of national routes under an unprecedented scheme: zero financing from the Treasury, total private investment and exclusive remuneration through tolls.
The initiative, which completes the dismantling of the state-owned company Corredores Viales S.A. , seeks to progressively transform the country's main productive corridors into two-lane highways, improving road safety and logistics for cargo transport. The plan covers strategic sections in Buenos Aires, Santa Fe, Córdoba, San Luis, La Pampa, Entre Ríos, Corrientes, Chaco, Mendoza and Santiago del Estero, among other provinces.

📋 A three-stage plan: this is how the concession is structured
The privatization of the Argentine road system was organized in progressive phases. Stage I, already awarded in January of this year, transferred the Mercosur Highway (routes 12 and 14) and the Rosario-Victoria Bridge to the private sector, with toll rates ranging from $1,000 to $1,900 for private vehicles.
Stage II – whose envelopes are scheduled to open in May – tenders more than 2,500 kilometers divided into four sections:
- Mediterranean Section: 672 km of routes 7 and 35 (Buenos Aires, Santa Fe, Córdoba)
- Puntano section: 720 km of routes 8, 36, 193 and A-005 (San Luis, Córdoba, Santa Fe, Buenos Aires)
- Southern Port Section: 637 km of routes 9 and 188 (Buenos Aires, La Pampa)
- North Port Section: 528 km including Rosario Beltway, Rosario-Buenos Aires Highway and National Route 33
Stage III, whose schedule was made official by Resolution 174/2026, adds an additional 3,900 kilometers in eight corridors: Cuyo, North Center, Northwest, Chaco-Santa Fe, Litoral, Northeast, Center and Mesopotamian. With this final phase, the concessioned network will total more than 9,000 kilometers – a figure that, added to the complementary sections and accesses, is close to the 12,000 kilometers projected by the Executive.
Key calendar: Bids for Stage III may be submitted until June 18, 2026 at 12:00 p.m. through the CONTRAT.AR platform. Consultations on the specifications will be enabled until May 4.
💰 Subsidy-free tolls: the new financing model
The scheme marks a break with the previous system. "This system will not have any subsidy from the public sector, which until now made contributions to sustain a deficit concession scheme," said sources from the National Highway Authority. Concessionaires must finance works, maintenance, operation and user services exclusively with the collection of tolls.
The maximum values established in the specifications for Stage II-B anticipate the new tariff scenario:
|
Section |
Current toll |
Cap rate |
Increase |
|
Mediterranean |
$1,300 |
$4,500 |
+246% |
|
Puntano |
$1,300 |
$4,100 |
+215% |
|
North Port |
$1,300 |
$4,705 |
+262% |
|
South Port |
$1,300 |
$3,400 |
+161% |
Values for category 2 (private car). Source: Bidding Documents
The award mechanism will prioritize the company that offers the lowest rate below the cap. In the event of a tie, it will be defined by the shortest concession term – the maximum stipulated is 20 years, extendable to 30.
The new tolls will incorporate automatic collection systems with license plate reading. Users who do not have TelePASE will pay double the rate.
🔧 Priority works: from Circunvalación to Route 33
Among the most urgent interventions that the new concessionaires will have to carry out are:
- Rosario Beltway Avenue: 30-kilometer comprehensive repair between La Florida and Belgrano Avenue. The route has destroyed roads, lack of lighting and poor signage, aggravated by the recent collapse of a pedestrian bridge.
- Rosario-Buenos Aires Highway: more than 50 kilometers on National Route 9, from the interprovincial border to the junction with the Circunvalación. Mayors of the region had complained for months about the progressive deterioration of the accesses.
- National Route 33: repaving and reconstruction of shoulders in the Rufino-General Villegas section. The work was demanded by the Justice, which on December 1, 2025 ordered the national government to repair the most critical sector between RN 178 and Chabás.
- New toll stations: the specifications propose five booths on RN 33 (Trenque Lauquen, Villegas, Rufino, Venado Tuerto and Casilda) and four on the Mediterranean Section (Chacabuco, Rufino, Laboulaye and Malena).
🏗️ Complementary businesses and state control
Concessionaires will be authorized to operate ancillary services that increase their profitability: inns, service stations, shopping centers, hotels, pharmacies, ATMs and telecommunications services.
The National Highway Ministry will maintain supervision and control functions of the contracts, while the Argentine Guarantee Fund (FOGAR) will provide guarantees for construction companies to access bank financing.
⚠️ The sector's warnings
The Minister of Public Works of Santa Fe, Lisandro Enrico, expressed reservations about the financial viability of the scheme: "The tolls are not economically and technically enough to repair. The proceeds will only be used for operating expenses – grass cutting, signage, lighting – but not for repaving long distances," he warned.
The official also confirmed that the province continues to negotiate with the Nation the transfer of jurisdiction of the A012 route in the access to the port terminals of Timbúes, a key node for agro-industrial exports.
🔍 Context: the end of Road Corridors
Road privatization is part of the Bases Law approved by Congress, which declared Corredores Viales S.A. "subject to privatization." According to official figures, 45% of the road network managed by the state-owned company was not in optimal conditions at the time of the transfer.
"The State leaves its role as a road builder and administrator to assume the functions of promoter and supervisor of what the private sector develops," Cabinet Chief Manuel Adorni had declared when announcing the process.
The market's response will be decisive. The first tenders attracted seven national and international bids, all below the planned tariff caps – a sign that the government interprets as validation of the model.
📎 Official documentation: The complete specifications can be consulted on CONTRAT.AR, the public procurement portal of the Nation.
📬 Press contact National Highway: prensa@vialidad.gob.ar
Federal co-participation fell 11% in March
- 01/04/2026 » 13:46 by cronywell
Federal co-participation fell 11% in March: the provinces lost $1,151,000 million in the first quarter 📉
📅 April 1, 2026 | ⏱️ Reading Time: 7 minutes
📉 The collapse of resources
In a new blow to subnational finances, automatic transfers by Federal Co-participation registered a real drop of 11.3% in March compared to February, according to private estimates based on official data. This setback is not an isolated event, but consolidates a negative trend during the first quarter of 2026, generating an accumulated loss for the provinces and the Autonomous City of Buenos Aires (CABA) that amounts to $1,151,000 million in real terms.
The report by the consulting firm Politikon Chaco, prepared based on data from the National Directorate of Provincial Affairs (DNAP) and INDEC, details that during March remittances totaled $5.05 billion, showing a decrease of –4.3% year-on-year and –9.9% in the monthly comparison. This volume is the lowest in nominal terms since April 2025, which sets off alarms in local governments.
🖼️ Monthly Evolution Real Federal Co-participation

Source: Prepared by the authors based on data from the National Directorate of Provincial Affairs (DNAP), INDEC and the consulting firm Politikon Chaco.
** March 2026: provisional data. *
💰 The weight of collection: VAT and Profits in decline
The main co-participation taxes, the Value Added Tax (VAT) and the Income Tax, explain much of this deterioration. The collection of both taxes has shown a negative performance in the first months of the year, reflecting the slowdown in economic activity and the impact of administrative measures such as the restitution of exclusion certificates in customs VAT.
According to economist Nadin Argañaraz, of the IARAF, national revenue registered a real drop of $3.3 billion in the first two months. VAT contributed the largest drop ($1,680,000 million), followed by withholdings and personal contributions. Thus, while the Nation reduced its revenues by 9.3% real year-on-year, the provinces suffered a 7.6% decrease in their transfers during the same period.
🌎 Regional impact: millionaire losses and adjustments
The magnitude of the loss affects the entire provincial spectrum, with variations in absolute terms, but with a common denominator: financial stress.
📊 Main provinces affected (loss in the first quarter of 2026)
|
Province |
Loss (in millions of pesos) |
|
Buenos Aires |
$204,499 |
|
Santa Fe |
$82,957 |
|
Cordoba |
$81,028 |
|
Chaco |
MX$57,111 |
|
Quests |
$38,000 |
Source: Estimated data based on reports from Politikon Chaco and Infobae.
In the case of Chaco, the loss totaled $57,111 million, with a fall of 6.9% in real terms in the quarterly cumulative, while Misiones lost about $38,000 million in the same period, a decline of 6.5% in real terms. Buenos Aires, the most populous province governed by Axel Kicillof, heads the list of the most affected in absolute terms, with a reduction of more than $204,499 million in the first two months of the year alone.
⚖️ Political tension and fiscal federalism
The drain of funds has revived the dispute over fiscal federalism. The governors, who mostly accompanied President Javier Milei at the recent Argentina Week in New York in search of investments, now face a scenario of forced adjustment in their jurisdictions.
The conflict escalated this week when 25 mayors, grouped in the Federal Council of Mayors (Cofein), came out to the intersection of the Minister of Economy, Luis Caputo, who had pointed out against municipal taxes for considering them an obstacle to the reduction of prices. In a document entitled "The municipalities sustain what the Nation abandons," the community leaders warned that the rates represent only 3% of the total tax burden, against the 75% that remains in the hands of the Nation.
"The Nation collects resources from everyone, but does not distribute them according to real responsibilities," said the mayors, demanding a reform in the distribution of the fuel tax and the execution of the withheld National Treasury Contributions (ATN).
🚧 Consequences: works stopped and debt increase
The lack of liquidity is already having concrete consequences in the territory. A governor of northern Argentina described the scenario starkly:
"The month closed very badly. We have to try to lower expenses and that increases our debt. The execution of works is slower and others are eliminated directly."
During 2025, the provinces had increased their spending at a faster rate than revenues, largely due to the electoral calendar. This gap left seven jurisdictions, including Buenos Aires, Santa Cruz and Chubut, with a negative financial balance. Now, with the fall in co-participating resources, the margins for maneuver have been reduced to zero.
🖼️ PUBLIC WORKS PARALYZED

🔮 Perspectives: a new fiscal pact?
Against this backdrop, calls for structural reform are growing. The president of IDEA, Santiago Mignone, recalled that the constitutional mandate of 1994 to sanction a new co-participation regime is still pending after 30 years of extensions. He warned that dependence on uncertain transfers leads the provinces to create distortionary taxes that make production more expensive.
In the same vein, the mayor of La Plata, Julio Alak, formally called for "a new Fiscal Pact" to reverse the "brutal" fall in co-participation that affects neighbors, requesting that the spirit of the May Pact signed in 2024 be resumed.
Meanwhile, Minister Luis Caputo maintains that the solution is not to raise taxes, but to deepen labor and fiscal reforms to encourage economic growth, warning that credit and private investment are the ways to recover revenue.
If there is no change in the economic trend or a political agreement, the second quarter of the year is presented as a new minefield for provincial finances, with the latent risk of new tensions in Congress and the loss of purchasing power of subnational states.
15-year-old student shot dead classmate
- 30/03/2026 » 12:41 by cronywell
|
🚨 URGENT |
SCHOOL VIOLENCE · SANTA FE · ARGENTINA |
15-year-old student shot dead classmate inside a school in San Cristóbal, Santa Fe
A teenager entered School No. 40 "Mariano Moreno" armed with a shotgun hidden in a guitar case and opened fire during the raising of the flag. The fatal victim was 13 years old. Eight other students were injured. The attacker was arrested. The Argentine educational community demands answers.
|
📅 |
Date: |
Monday, March 30, 2026 |
|
📍 |
Place: |
School N°40 201cMariano Moreno201d, San Cristóbal, province of Santa Fe |
|
🕖 |
Time of the event: |
At approximately 7:14 a.m., during the raising of the flag |
|
⏱️ |
Reading time: |
Approximately 7 minutes |
|
✍️ |
Section: |
Police · Society · Education |
|
📰 |
Sources: |
Infobae, LA NACION, Ambito, C5N, Page 12, ABC Color |
📋 FILE OF THE EVENT
|
🔫 |
Weapon: |
Shotgun (possibly pellet) |
|
🎸 |
Method of concealment: |
Guitar case / backpack |
|
💀 |
Fatality: |
13-year-old student, in 1st year |
|
🤕 |
Wounded: |
8 students total |
|
🚑 |
Critical Derivation: |
A wounded man transferred in code red to Rafaela (pellets in the face and neck) |
|
👦 |
Aggressor: |
15-year-old student, 3rd year of the same establishment |
|
🔒 |
Legal status: |
Arrested, at the disposal of the provincial justice system |
|
📏 |
Shots fired: |
Between 4 and 5 shots |
🕖 THE FACT: MINUTE BY MINUTE
On Monday, March 30, 2026, at 7:14 a.m., the school routine of School No. 40 201cMariano Moreno201d in San Cristóbal – the capital town of the department of the same name, located 179 kilometers north of the capital of Santa Fe – was interrupted in a brutal and unprecedented way in the recent history of Argentina.
The high school students were lined up in the internal courtyard of the establishment, waiting for the hoisting of the national flag that begins the school day, when one of them – a 15-year-old student in his third year – pulled out a shotgun hidden inside a guitar case and began shooting at his classmates.
|
|
"He put the shotgun in a guitar case, came out of the bathroom, shouted 'surprise' and started shooting. First he wanted to kill the friends and, since they were not there, he started shooting the whole school." — Testimony of a student present · LN+ |
In desperation, students began to run in all directions. Several broke glass when jumping out of windows to escape, which generated polytrauma and cuts in a significant number of students, as confirmed by the director of the local hospital. Cellphones captured the first videos that showed the stampede in the yard.
A 13-year-old student was hit by the shots and died at the scene. The corresponding forensic experts of the Scientific Police prevented the transfer of his body to the hospital until the forensic work at the scene of the crime was concluded. Two other students – 13 and 15 years old respectively – were hit by pellets: one was sent in code red to the city of Rafaela with impacts to the face and neck, while the other had less serious injuries. In total, eight students were injured as a result of the attack.
🛡️ HOW THE ATTACK WAS CONTROLLED
It was the intervention of a school assistant – also described as a preceptor in some testimonies – that prevented a tragedy of greater proportions. According to official and witness accounts, the personnel pounced on the aggressor, grabbed him by the neck and managed to take the shotgun from him after he fired between four and five shots.
|
|
"We learned about it through the municipal monitoring center. The boys were doing the surveillance and noticed an atypical situation: all the students were running out of the school." — Ramiro Muñoz, Secretary of Government of San Cristóbal · TN |
After being subdued, the aggressor was arrested by members of the Santa Fe Police and placed at the disposal of the provincial Justice. Minutes after the fact, the school was completely evacuated and the area was cordoned off for investigative tasks. The regional prosecutor of Rafaela, Carlos Vottero, is in charge of the investigation.
🔍 THE PROFILE OF THE AGGRESSOR: NO PREVIOUS SIGN
One of the elements that most shocked the educational community and the authorities was the absence of a history of violence or disturbing behavior in the attacker's record. Teachers and directors of the establishment agreed that the young man was a "good student" with no behavioral problems recorded.
|
|
"We talked to teachers and they told us that he is a good student and that he never showed behavioral problems, so this is striking." — Ramiro Muñoz, Secretary of Government of San Cristóbal · TN |
According to reports, when he was apprehended, the teenager would have begun to laugh and said that he wanted to kill the entire school, according to LA NACION. As for the motives for the attack, as of press time the authorities had not been able to publicly determine the causes that triggered it. The identity of the aggressor is kept confidential because he is a minor.
🕊️ THE VICTIM AND HER FAMILY
The deceased student was 13 years old and was in his first year at the same institution. As confirmed by the Secretary of the Municipal Government, the victim's family has a long history of links with the local administration of San Cristóbal: the father, aunt and grandfather of the young man would have been or are municipal employees.
|
|
"Here everyone knows the parents, the grandfather, the aunt. They were and are all municipal employees. We are fully touched by the pain of this family because we know them." — Ramiro Muñoz, Secretary of Government · Infobae Live |
The sports club to which the victim belonged issued a statement on social networks to express its condolences and repudiate the attack. The community of San Cristóbal — a city of about 15,000 people where, as one local journalist described, "we all know each other" — was plunged into a deep state of shock and mourning.
🏛️ THE OFFICIAL RESPONSE AND THE MEASURES TAKEN
The magnitude of the event triggered an immediate response from the provincial State. The governor of Santa Fe, Maximiliano Pullaro, appeared at the school to take a state of affairs and supervise containment actions. Along with him, several members of the provincial cabinet traveled to the place.
• Pablo Cococcioni — Minister of Justice and Security
• José Goity — Minister of Education
• María Victoria Tejeda — Minister of Equality and Human Development
• Daniela León — Secretariat for Children, Adolescents and Family
The Municipality of San Cristóbal decreed a holiday and mourning, suspending all activities scheduled for the week. The Mental Health teams of the province provided interdisciplinary support to both the injured and their families in the health centers of the region. At 11:00, Ministers Cococcioni, Goity and Tejeda held a press conference together with Prosecutor Vottero to report on the start of the investigation.
📚 THE PRECEDENT: THE MASSACRE OF CARMEN DE PATAGONES (2004)
The attack in San Cristóbal immediately brought to the Argentine collective memory the most tragic case of school violence recorded in the country: the massacre of Carmen de Patagones, which occurred on September 28, 2004. On that occasion, Rafael Solich, 15 years old — nicknamed "Junior" — took out a firearm in the classroom and shot at his classmates, killing three teenagers and wounding five others. Solich was declared not chargeable.
Just as in that episode the aggressor was also 15 years old and had no known history of violence, the event in San Cristóbal renews the debate on the mechanisms of early detection of risk in Argentine educational institutions, the access of minors to firearms and school safety protocols.
💬 ANALYSIS AND CONTEXT: THE PENDING DEBATE
The shooting at School No. 40 once again places questions on the Argentine public agenda that have no simple answers: how could a minor enter an educational establishment with a firearm without being detected? Were there warning signs that were not noticed by the aggressor's entourage? Are the protocols of emotional containment and school coexistence in force sufficient?
Experts in education and mental health point out that, although episodes of school violence of this severity are exceptional in Argentina, their recurrence—although spaced out over time—forces us to rethink the model of security in schools, the training of guidance teams, and the articulation with the mental health system. The absence of previous signs in the aggressor's behavior, reported by his own teachers, further complicates the analysis.
— Note in permanent update —
Last updated: March 30, 2026, 12:40 PM (UTC-3)
National Treasury Tender March 2026
- 27/03/2026 » 13:15 by cronywell
National Treasury Tender March 2026: Ministry of Finance reveals the complete menu of instruments for the second call
📅 March 27, 2026 | By the Economy and Finance team
The national government, through the Ministry of Economy's Ministry of Finance, announced this Thursday, March 25, the menu of instruments that it will make available to investors in the National Treasury debt auction corresponding to the second call of March 2026.
The operation, which will take place this Friday, March 27 from 10:00 a.m. to 3:00 p.m., seeks to renew maturities for approximately $8 billion and consolidate the financing strategy in pesos and dollars with a diversified range that includes fixed rate, inflation adjustment (CER), TAMAR variable rate, dollar linked and hard dollar bonds. 💰
The receipt of bids will end at 3:00 p.m. on Friday and the settlement will be finalized on Monday, March 31, 2026 (T+2), according to the official statement published in argentina.gob.ar.
Why is this tender key? In a context of a sharp reduction in monetary issuance and greater market confidence in the economic management of Minister Luis Caputo, the Treasury seeks to validate competitive rates and extend terms, especially with the novelty of the new Bonar 2028 (AO28) that stretches maturities beyond the current electoral cycle. This instrument is in addition to the reopening of the Bonar 2027 (AO27) and represents a clear message of fiscal predictability.
Full menu of instruments offered by the Ministry of Finance
The offer includes seven main instruments plus a voluntary conversion option for the BONCER TZX26. Here is the official detail:
|
Instrument |
Type |
Expiration |
Code / Novelty |
Main conditions |
|
National Treasury Bill Capitalizable in Pesos |
Fixed rate |
17/07/2026 |
New (S17L6) |
Effective monthly rate to be determined in the tender. Full repayment at maturity. |
|
National Treasury Bond Zero Coupon with CER Adjustment |
CER Indexed |
30/09/2027 |
New |
Price determined in tender. Capital adjustment by CER. |
|
National Treasury Bond Zero Coupon with CER Adjustment |
CER Indexed |
29/09/2028 |
New |
Price determined in tender. Capital adjustment by CER. |
|
National Treasury Bond at TAMAR Rate |
Variable rate |
26/02/2027 |
TMF27 - Reopening |
Interest according to TAMAR (average deposits > $1,000 million). |
|
National Treasury Bond Linked to the Dollar |
Dollar Linked |
30/06/2028 |
New |
Subscription in pesos at the reference exchange rate. Payment in pesos adjusted per dollar. |
|
National Treasury Bond in Dollars 6% |
Hard Dollar |
29/10/2027 |
AO27 - Reapertura |
TNA 6% payable monthly. Up to USD 150 million + second round. |
|
National Treasury Bond in Dollars 6% |
Hard Dollar |
31/10/2028 |
AO28 - New |
TNA 6% payable monthly. Up to USD 150 million + second round (maximum total USD 2,000 million in the program). |
In addition: Voluntary conversion of the TZX26 TRUMP (expiry 30/06/2026) by:
- Bono TAMAR nuevo (31/08/2027) o
- Bono CER nuevo (31/03/2028)
Source: Official statement from the Ministry of Finance – 25/03/2026.
Economic context and market expectations
This auction represents a key test to measure the appetite of local and institutional investors (including ANSES, which has significant exposure) in a scenario of falling inflation and stabilized official dollar. Analysts expect a rollover of more than 100%, similar to that recorded in previous calls, thanks to the diversity of instruments that cover different profiles: conservative (fixed rate and TAMAR), inflationary (CER) and dollarized.
The inclusion of the new Bonar 2028 is one of the great novelties. With an annual nominal rate of 6%, the instrument allows the Treasury to raise fresh dollars to strengthen reserves and extend the debt profile beyond 2027, reducing future pressure on the exchange rate.
Federico Furiase, Secretary of Finance, has been implementing a strategy of "smart financing" that combines attractive yields with longer terms, in line with the objective of eliminating the primary fiscal deficit.
What do investors need to know?
- Individuals and legal entities can participate through authorized settlement and custody agents (ALyCs).
- The tender is by price (the cut-off rate is determined).
- Hard dollar bonds (AO27 and AO28) are subscribed exclusively in US dollars.
- Strong demand for CER and dollar-linked instruments is expected in the face of possible volatility scenarios.
Approximate reading time: 6 minutes.
Keywords for SEO: National Treasury tender March 2026, Ministry of Finance instruments menu, second debt call March, LECAP 17/07/2026, BONCER 2027 2028, Bonar AO28 new, rollover $8 billion, Luis Caputo financing.
Milei closes CPAC in Budapest
- 21/03/2026 » 16:56 by cronywell
⚡ BREAKING | FOREIGN POLICY
Milei closes CPAC in Budapest: "We reduced poverty from 57% to 30%"
The Argentine president starred in a historic day in Hungary: he was the first national leader to visit the European country, met privately with Viktor Orbán, received an honorary university degree and closed the most important Conservative Political Action Conference of the year with a fiery speech.
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📅 21/03/2026 Date |
🇭🇺 Budapest, Hungary Location |
⏱️ 7 minutes Reading Time |
🌎 International Section |
🏰 A historic visit: the first Argentine president in Hungary
Budapest, March 21, 2026. President Javier Milei landed in the Hungarian capital on Friday afternoon to star, in less than 24 hours, in one of the most symbolic foreign policy days of his administration. He thus became the first Argentine president to officially visit Hungary, sealing an ideological and strategic link with one of the most influential leaders of the new global right.
The day began with the honors of state protocol: Milei was received with a red carpet and trumpets at the Sándor Palace, the official residence of the president of Hungary, Tamás Sulyok. As a gift, he received a small sculpture of Herend porcelain – one of the oldest artisan brands in Europe, with more than two centuries of royal manufacturing tradition – in a gesture that the Hungarian hosts reserve for visits of high protocol value.
"Here is, and will be, our friend Javier Milei."
— Viktor Orbán, Prime Minister of Hungary, at the opening of CPAC 2026
🤝 The one-on-one with Orbán at the Carmelite Monastery
The moment of greatest diplomatic density came at 12:10 local time (08:10 in Argentina), when Milei was received by Prime Minister Viktor Orbán at the Carmelite Monastery of Buda, the seat of the Hungarian government. The meeting had two instances: a formal meeting between the entire delegations, and a one-on-one conversation between the two leaders, accompanied only by their interpreters. A format that Orbán reserves for his closest allies.
While the presidents were talking, the Secretary General of the Presidency, Karina Milei, and Foreign Minister Pablo Quirno held a parallel meeting with the Hungarian Minister of Foreign Affairs, Péter Szijjártó. At that table, the Argentine official pointed out that progress was made in the expansion of the trade link and that Argentina is presented as "a reliable partner, with a wide exportable supply of food and attractive conditions for investment."
The harmony between the two leaders is not new. Orbán was one of the few international authorities who attended Milei's inauguration ceremony on December 10, 2023, and at the opening of this edition of CPAC he described him as "a world star of Western values". Analysts interpret the alliance as the articulation of a transatlantic conservative axis that links Argentine economic deregulation with Hungarian sovereignty nationalism.
🎤 The closing speech: figures, geopolitics and controversy
At 4:30 p.m. local time (12:30 p.m. in Argentina), Milei took the center stage of the MTK Sports Centre in Budapest to deliver the closing speech of CPAC Hungary 2026, in front of hundreds of leaders, intellectuals and conservative leaders from around the world. It was presented by the director of the Hungarian chapter, Miklós Szanthó, in an event that the Casa Rosada broadcast live with an epic soundtrack.
In his speech, the president reviewed the economic achievements of his administration: he highlighted having made a fiscal adjustment of about 15 points of GDP in just six months, and affirmed that he had "returned to Argentines close to 90 billion dollars." His central figure was the reduction of poverty: from 57% – a legacy he attributed to the previous government – to the current 30%, which is equivalent to lifting more than 15 million people out of that condition.
📊 Key indicators of the presidential speech
|
Indicator |
Before (2023) |
Today (2026) |
|
📉 Poverty |
57% |
30% (↓ 47%) |
|
💰 Fiscal adjustment |
— |
~15 pts of GDP |
|
🏦 Return to the private sector |
— |
USD 90,000 M |
|
🌍 Country risk |
High |
Significant reduction |
|
🗳️ Election result |
— |
Victoria LLA (Oct. 2025) |
🌶️ The most controversial definitions
The speech also included statements of strong diplomatic impact. Milei took up the qualification of Santiago Abascal – leader of the Spanish Vox party – who called the president of the Spanish government Pedro Sánchez a "pigeon of a tyrant", and signed it before the international audience. In addition, he questioned the European "nanny state model" and criticised the subjection of states to "the unilateral opinions of supranational bodies".
In the chapter on regional geopolitics, Milei celebrated the expectation of an intervention by Donald Trump in Cuba and predicted that the island will be "free" before mid-2026, comparing the process to a Latin American "perestroika". He also highlighted Orbán's migration policy, anticipating that he would cite it as a model in his speech.
🎓 Honorary degree at Ludovika University
Before returning at 7:00 p.m. local time, Milei received the "Civis Universitatis Honoris Causa" distinction from the Ludovika University of Public Service in Budapest, one of the most prestigious academic institutions in the European country. The ceremony was presided over by the rector Gergely Deli and recognized the Argentine president for his "values and significant contributions to society, politics and academia."
The award adds to a collection of international recognitions that the libertarian leader has accumulated throughout his administration, in a pattern that reflects the consolidation of his image as an intellectual figure of the global conservative movement, beyond his role as head of state of an emerging country.
✈️ Context: express tour and convulsed local agenda
The visit to Budapest is Milei's fourth international stop in the same week, which previously took him to the United States, Spain and Chile, configuring one of the most intense foreign agendas of any Argentine president in the recent era. The third consecutive weekend outside the country consolidates its strategy of insertion into global conservative networks, at a time when the domestic agenda presents open fronts: the $LIBRA case, the questioned activities of Cabinet Chief Manuel Adorni and the anniversary of the coup of March 24.
Once the agenda in Hungary was completed, the ARG 01 took off from Budapest at 20:30 local time (16:30 in Argentina). Its arrival at Ezeiza International Airport is scheduled for Sunday, March 22 at 09:00. A week of high political voltage awaits him, with the commemoration of the 50th anniversary of the coup d'état of March 24, 1976, which will concentrate marches and mobilizations throughout the country.
🔍 KEYWORDS & SEO
Javier Milei CPAC Budapest 2026 • Milei Viktor Orbán Hungary • CPAC Hungary 2026 • foreign policy Argentina • new global right • Milei poverty 30% • Conservative Political Action Conference • Milei Ludovika honorary title • Argentina international conservatism • Milei speech economy freedom
🕐 Timeline of the day in Budapest
|
11:00 a.m. (local) |
🏛️ Bilateral meeting with President Tamás Sulyok at the Sándor Palace |
|
12:10 p.m. (local) |
🤝 Private meeting with PM Viktor Orbán at the Carmelite Monastery of Buda |
|
4:30 p.m. (local) |
🎤 CPAC Hungary 2026 closing speech at the MTK Sports Centre |
|
7:00 p.m. (local) |
🎓 Reception of the title "Civis Universitatis Honoris Causa" at Ludovika University |
|
8:30 p.m. (local) |
✈️ Return to ARG 01 to Buenos Aires (arrival Sunday 09:00) |
✍️ Journalistic writing based on verified sources: Infobae, La Nación, El Cronista, La Posta Diario, Dataclave, Canal 26, Hungarian Conservative.
📌 Note: The poverty figures and economic indicators are statements by President Milei. Some data differ from independent measurements and international statistical bodies.
YPF: DEBT BUYBACK AND FINANCIAL PROFILE 2026
- 14/03/2026 » 16:55 by cronywell
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⛽ YPF: DEBT BUYBACK AND FINANCIAL PROFILE 2026 Class XXX Notes | Market Signals | Capital Strategy March 14, 2026 • Journalistic Analysis • Economics & Capital Markets |
|
🕐 Reading Time approx. 5–6 minutes |
📅 Publication March 14, 2026 |
📍 Section Capital Markets |
CAPITAL MARKETS • CORPORATE DEBT • YPF S.A. • SPECIAL ANALYSIS
YPF repurchased debt for almost $50,000 million: a strategic move that sends signals to the market before the July maturity
In an operation that did not go unnoticed in the local and international capital markets, YPF S.A. notified this week to the National Securities Commission (CNV) and the Securities and Exchange Commission of the United States (SEC) that it repurchased Class XXX Negotiable Notes (YMCWO) for a total of $49,798,644,352, equivalent to USD 35.5 million of nominal value. The purchase was made at an average price of 98.83% of the nominal value, practically at par, between March 3 and 9, 2026.
📋 What was repurchased: the anatomy of the operation
Class XXX Negotiable Obligations (ON XXX) are corporate debt instruments denominated in dollars but traded in pesos in the local market, under the Frequent Issuer regime enabled by the National Securities Commission for companies with recurrent access to the capital market. They were first issued in July 2024 with a face value of $185 million, and reopened in April 2025 for an additional $204 million, totaling an original issuance of $389 million.
Its expiration is set for July 2026. The repurchase of USD 35.5 million in nominal value – 9.1% of the total issuance – at a price of almost par represents a concrete signal: YPF has sufficient liquidity to reduce its short-term liabilities before the market demands repayment. The repurchased bonds will not be cancelled but will be held in the company's portfolio.
|
FIELD |
DETAIL |
|
Instrument |
Class XXX Notes (ticker: YMCWO) |
|
Amount repurchased |
$49,798,644,352 ARS (≈ USD 35,516,824 face value) |
|
Buy-back period |
March 3-9, 2026 |
|
Average price |
98.83% of face value (almost at par) |
|
Original issue |
July 2024 — Face value: USD 185,000,000 |
|
Reopening |
April 2025 — Additional: USD 204,000,000 |
|
Original Expiration |
July 2026 |
|
Regime |
Frequent Emitter (CNV — Argentina) |
|
Destination |
They will remain in the portfolio (they are not cancelled) |
|
Notified to |
CNV (Argentina) and SEC (USA) via 6-K Filing |
📡 What it means for the market: solvency and possible refinancing
In the Argentine financial market, the repurchase of bonds by an issuing company is almost unanimously read as a positive sign. It implies that the company has the necessary cash flow to advance debt payments, that it does not need to wait for maturity under pressure, and that it has a proactive stance in the management of its liabilities.
|
"YPF seeks to strengthen its financial profile, send a signal of solvency to the market and gain margin to manage its liabilities in a volatile global context. Between the lines, some analysts interpret that it could be a step prior to a new issuance in better conditions: canceling debt that today pays higher rates to place new debt at a lower financial cost. — Eric Paniagua, founder of Dekadrak VCC — El Cronista, March 2026 |
This reading gains strength if one considers that in February 2026 the company already launched the Class 42 Note, denominated in USD MEP, at a rate of 6.50% per year and a term of 18 months, with subscription through banks such as BBVA and Banco Nación. The pattern that emerges is clear: buy back more expensive debt and replace it with new instruments at more favorable conditions, taking advantage of the better Argentine macroeconomic context under the government of Javier Milei.
|
💡 Three reasons for YPF's buyback 1️⃣ MATURITIES MANAGEMENT: reduces the mass of debt to be paid in July 2026, avoiding concentrated cash pressures. 2️⃣ SOLVENCY SIGNAL: communicates to the market that the company has real liquidity, improving its implied credit rating. 3️⃣ PREPARATION FOR NEW ISSUANCE: frees up space to place debt at lower rates, capitalizing on the improvement in the macroeconomic environment. |
📊 Context: YPF's debt cycle in 2025–2026
|
Jan. 2026 |
Class XXI ON buyback — USD 14 million. YPF announces investment of USD 6,000 million by 2026. |
|
Feb. 2026 |
New 18-month USD MEP Class 42 ON issuance (6.50% per annum). Subscription via BBVA, Banco Nación and others. |
|
Mar. 3–9 |
Buyback of ON Class XXX: $49,798 M ARS / USD 35.5 M at a price of 98.83% of the BV. Communicated to CNV and SEC. |
|
Jul 2026 |
Original maturity of the Class XXX Note. Repurchased bonds will no longer incur payment obligations. |
|
Outlook |
Analysts estimate a possible new issuance at lower rates to replace repurchased debt. |
🏛️ Regulatory framework: CNV, SEC and the Frequent Issuer regime
The operation was simultaneously communicated to two regulators: the National Securities Commission of Argentina, before which YPF operates as an issuer in the local market under the Frequent Issuer regime, and the Securities and Exchange Commission of the United States, before which YPF is listed as ADR (American Depositary Receipt) on the New York Stock Exchange. with the obligation to file Forms 6-K each time a material event occurs.
The CNV's Frequent Issuer regime allows companies with a track record in the capital market to issue new instruments with simplified procedures, which gives YPF a window of operational agility to manage its debt on an ongoing basis and adapt to market conditions. This framework is what makes both successive buybacks and new issues possible in relatively short times.
|
⚖️ Key regulatory data of the operation 📌 Local regulator: Comisión Nacional de Valores (CNV) — Argentina 📌 International regulator: Securities and Exchange Commission (SEC) — USA 📄 SEC filing type: Form 6-K (foreign issuer material fact) 🏦 Trading market: BYMA (Bolsas y Mercados Argentinos) 🔖 Ticker of the repurchased instrument: YMCWO 📋 Issuance Regime: Frequent Issuer (CNV) — simplifies procedures for companies with a track record |
📈 The buyback in perspective: YPF's financial power in 2026
To understand the relative weight of this operation, it is necessary to frame it in the company's overall results. YPF closed 2025 with a gross profit of USD 5,000 million, the highest in a decade, and a third quarter EBITDA of USD 1,357 million, 21% higher than the previous quarter. The company's total net debt remains at manageable levels relative to its projected annual EBITDA.
The investment planned for 2026 is USD 6,000 million, the largest in the company's history. In this context, a buyback of USD 35.5 million – barely 0.6% of the annual investment plan – represents a marginal financial cost with a relevant reputational and operating return: it improves the debt/EBITDA ratio, reduces the projected expenditures for the second half of the year and sends the market a message of control over liabilities.
|
🔢 YPF: Key Financial Indicators 2025–2026 💰 2025 gross profit: $5 billion (record for the decade) 📊 Q3 2025 EBITDA: USD 1,357 million (+21% quarter-on-quarter) 💵 Planned investment 2026: USD 6,000 million (historical record) 🛢️ Shale oil production nov. 2025: 200,000 bpd (own record) 📉 Q4 2025 maturities already cancelled: USD 479 million (commercial lines + amortizations) 🔁 2026 Rebuys: Class XXI ON (USD 14 M, January) + XXX Class ON (USD 35.5 M, March) |
🎯 Conclusion: Active Liability Management as a Sign of Corporate Maturity
The buyback of the Class XXX notes is not an isolated operation: it is the expression of a systematic financial policy that YPF has been applying since the arrival of Horacio Marín as president of the company. Buying back debt on favorable terms, reducing concentrated maturities, broadening the investor base with new issues at more competitive rates, and communicating each move transparently to two regulators from different jurisdictions are hallmarks of a company that learned – with the blows of its history – that market confidence cannot be improvised.
For investors who have YPF instruments in their portfolio – whether stocks, ADRs or local bonds – this week's signal is clear: the company does not expect maturities to arrive; he goes to look for them. And that, in the Argentine capital market, is worth more than any prospect.
War in the Middle East: Oil Tops $120
- 10/03/2026 » 13:07 by cronywell
⚡ BREAKING NEWS LIVE COVERAGE — MARCH 10, 2026
🌍 War in the Middle East: Oil Tops $120 and Trump Threatens "20 Times Stronger" Attack
The conflict between the US and Iran escalates to critical levels: the Secretary of War announces the "most intense day of attacks" on Iranian territory, while energy markets register their biggest rise since 2008 and Mojtaba Khamenei emerges as Iran's new supreme leader.
|
🕒 |
Publication date |
Tuesday, March 10, 2026 — 08:45 AM (GMT-3) |
|
⏱ |
Reading Time |
Approximately 6-8 minutes |
|
📝 |
Author |
International Editorial Staff — Geopolitics Desk |
|
🌏 |
Sources |
Reuters, AP, Al Jazeera, The Guardian, Bloomberg |
|
🔍 |
SEO Keywords |
war Iran, oil $120, Trump threatens, Strait of Hormuz, Mokhtaba Khamenei |
🛢️ Blow to the Global Energy Market
International oil markets recorded their biggest shock in almost two decades on Monday. West Texas Intermediate (WTI) crude broke above the psychological barrier of $100 per barrel and reached as high as $120 during the weekly open, boosted by escalating military tensions in the Persian Gulf and the growing threat over the Strait of Hormuz.
North Sea Brent followed the same upward trend, accumulating an increase of more than 18% in just 72 hours. Analysts at Goldman Sachs and JPMorgan warn that, if an effective blockade of the strait is confirmed, the price of a barrel could climb to 150-180 dollars, with devastating consequences for the global economy.
"If Iran closes the Strait of Hormuz, our response will be 20 times more forceful than they have ever seen." — Donald Trump, President of the United States
The Strait of Hormuz is the most critical energy bottleneck on the planet: approximately 20% of the world's oil supply and 17% of liquefied natural gas (LNG) transit its barely 33 kilometers of navigable width daily. Its closure would mean an unprecedented modern energy shock.
💣 The "most intense day": military offensive on Iran
The U.S. Secretary of Defense confirmed that Monday, March 10, would be the "most intense day of attacks" launched on Iranian territory since the start of hostilities. Military operations include bombing of nuclear and military infrastructure, Islamic Revolutionary Guard Corps bases and strategic logistics centers.
Pentagon sources indicated that more than 150 air missions were executed in the last 24 hours, involving B-2 Spirit bombers, F-35s and the use of Tomahawk cruise missiles launched from aircraft carriers positioned in the Arabian Sea. The operation has been dubbed "Operation Desert Shield II" internally.
Tel Aviv officially backed Washington's operations, while NATO expressed "concern" but avoided speaking out against the intervention. China and Russia convened an emergency session of the UN Security Council that was blocked by the US veto.
"This is the most dangerous moment for regional security since the 2003 Iraq war. The consequences are unpredictable." — Mark Milley, former Chairman of the U.S. Joint Chiefs of Staff
🧔 The Rise of Mojtaba Khamenei: A New Supreme Leader
At the heart of Iran's political-military chaos, one figure has emerged with unusual speed: Mojtaba Khamenei, youngest son of Ayatollah Ali Khamenei, consolidated as the new Supreme Leader of the Islamic Republic of Iran in the midst of the conflict.
The 55-year-old Mojtaba has been in the shadows of Iranian power for decades, building a network of loyalties within Qom's Revolutionary Guards and angry circles. His appointment was confirmed by the Council of Experts in an extraordinary session convened as a matter of urgency, in what analysts read as a sign that Iran's traditional leadership has suffered a severe impact.
Unlike his father, who is renowned for his strategic diplomacy and calculated patience, analysts describe Mojtaba as more combative and ideologically rigid. His first public statement was lapidary: "Iran will not back down from the crusaders of the 21st century."
"Mojtaba Khamenei represents a more radical generation within the Iranian system. His promotion could complicate any diplomatic solution." — Karim Sadjadpour, Carnegie Endowment for International Peace
🌎 Global Reactions: The World on Alert
The international community is watching the escalating spiral with growing alarm. The European Union issued a joint statement of the 27 member countries demanding "an immediate cessation of hostilities and a return to diplomacy", although without announcing concrete measures.
Saudi Arabia and the United Arab Emirates, in a position of extremely delicate balance, declared neutrality but activated their air defence systems. Global stock markets are trading in risk-off mode: Wall Street fell 4.2%, while gold rose to $2,890 an ounce, its all-time high.
In Latin America, oil-importing countries such as Argentina, Brazil and Chile warned of the impact on their balances of payments, with fuel inflation projections that could exceed 40% in the next 90 days if the conflict drags on.
📊 Key facts: The conflict in numbers
|
🛢️ |
WTI Oil Price |
$119.80 USD/barrel (weekly peak) |
|
⚔️ |
U.S. Air Missions |
+150 in the last 24 hours over Iran |
|
🚢 |
Strait of Hormuz Traffic News |
20% of the world's oil supply |
|
📉 |
Wall Street Crash |
-4.2% at Monday's open |
|
🎟️ |
Gold Price |
$2,890/oz (all-time high) |
|
🇮🇷 |
New leader Iran |
Mojtaba Khamenei — 55 years old |
|
🌏 |
UN veto |
U.S. blocks emergency session of the Security Council |
🧐 Analysis: What Can Happen in the Next 72 Hours?
The scenarios being considered by the main international policy think tanks point to three possible paths in the short term:
1. Scenario 1 — Negotiated de-escalation: International pressure and the economic impact on the US itself (inflation, markets) force a tactical pause and indirect diplomatic channels are opened through Qatar or Turkey.
2. Scenario 2 — Regional escalation: Iran acts on the Strait of Hormuz partially or totally, dragging Hezbollah, Iraqi militias and Yemeni Houthis into the conflict. The price of the barrel exceeds 150 dollars.
3. Scenario 3 — Forced containment: The U.S. achieves its military objectives without provoking a strait-closure response; Mojtaba Khamenei agrees to negotiate from a weakened position. Oil retreats to $85-90.
🔍 SEO Tags and Keywords
#GuerraIranEEUU #PetroleoHoy #EstrChoOrmuz #TrumpIran #MojtabaJamenei #BreakingNews #MedioOriente2026 #CrisisEnergética #OilPrice #GeopoliticaGlobal #GuerraPersia #NotiicasInternacionales
⚠️ This is a developing story. Data can be updated at any time.
📅 Last updated: 10/03/2026 — 08:45 AM | 🌐 Source: International Desk
Trump launched the "Shield of the Americas" with Milei in the front row
- 08/03/2026 » 13:26 by cronywell
🌎 INTERNATIONAL POLITICS · SAFETY · GEOPOLITICS
Trump launched the "Shield of the Americas" with Milei in the front row: a military coalition against narco-terrorism and China
The U.S. president brought together 12 allied Latin American leaders in Miami to sign a regional military cooperation agreement. Argentina was the only country in Latin America to back the attacks on Iran.
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⏱ READING TIME: 6–7 minutes • 📅 March 8, 2026 • 📍 Miami / Buenos Aires |
Donald Trump brought together twelve Latin American leaders on Saturday at the Doral Hotel in Miami to announce the creation of the "Shield of the Americas," a regional geopolitical and military coalition aimed at combating drug trafficking, dismantling criminal cartels and containing China's commercial influence on the continent. Argentine President Javier Milei was in the front row, ratifying Buenos Aires' unconditional alignment with Washington.
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📊 KEY FACTS FROM THE SUMMIT 🌎 12 countries signed on as founding members of the Shield of the Americas. 🤝 Milei's 16th trip abroad since he assumed the presidency. 📉 96% reduction in drug trafficking by sea, according to Trump. ⚔️ Lethal force Trump proposed using military power to "destroy terrorist cartels and networks." 🇦🇷 The only country in Latin America that officially backed the U.S. attacks on Iran. |
⚡ THE SUMMIT: TRUMP LAUNCHES HIS GRAND REGIONAL ALLIANCE
The day began when after 9 a.m., local time, Trump received the twelve Latin American leaders at the Doral Hotel — which he owns — and posed together for the official photo of the summit. Milei, identified by alphabetical order, occupied a prominent place in the second row.
In his inaugural address, the U.S. president did not skimp on bellicose rhetoric. "The heart of our agreement is a commitment to use lethal military force to destroy sinister cartels and terrorist networks once and for all," he said. In addition, he announced the formation of the Anti-Cartel Coalition of the Americas, a military-oriented structure whose objective is to dismantle drug trafficking networks operating in the hemisphere.
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❝ We have come to announce a new military coalition to eradicate cartels and crime. — Donald Trump — Shield Summit of the Americas, Miami, March 7, 2026 |
Trump also took advantage of the stage to highlight his Argentine ally. Looking directly at Milei, he recalled his support during the October 2025 legislative elections: "He was a couple of points down, he went up like a rocket in Argentina," the Republican celebrated, in a reference to the favorable result obtained by La Libertad Avanza in the midterm elections.
The summit also formalized a larger geopolitical agenda: to curb China's expansion in Latin America. Washington sees President Xi Jinping as seeking to consolidate the region within its global supply chains, expanding its economic and political influence. However, the ongoing military conflict between the United States, Israel, and Iran shifted that axis to immediate security issues.
🌎 THE 12 FOUNDING PARTNERS
The alliance is made up of governments aligned with the regional right or center-right, all of them with close ties to the Trump administration:
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🌎 FOUNDING COUNTRIES OF THE COAT OF ARMS OF THE AMERICAS 🇦🇷 Argentina: Javier Milei 🇧🇴 Bolivia: Rodrigo Paz 🇨🇱 Chile: José Antonio Kast (president-elect) 🇨🇷 Costa Rica: Rodrigo Chaves 🇩🇴 Dominican Republic: Luis Abinader 🇪🇨 Ecuador: Daniel Noboa 🇸🇻 El Salvador: Nayib Bukele 🇭🇳 Honduras: Nasry 'Tito' Asfura 🇬🇾 Guyana: Mohamed Irfaan Ali 🇵🇦 Panama: José Raúl Mulino 🇵🇾 Paraguay: Santiago Peña 🇹🇹 Trinidad and Tobago: Kamla Persad-Bissessar |
🇦🇷 MILEI: WASHINGTON'S UNCONDITIONAL ALLY
The Argentine president arrived in Miami on Friday night and stayed at the Trump Doral hotel itself. He was accompanied by Karina Milei (Secretary General of the Presidency), Manuel Adorni (Chief of Staff) and Foreign Minister Pablo Quirno, who upon entering the summit hall held brief exchanges with Secretary of State Marco Rubio, Secretary of the Treasury Scott Bessent and Secretary of War Pete Hegseth.
Upon taking the stage, Milei and Trump greeted each other with visible affection. Both posed with their thumbs up for photographers, in an image that has already become a recurring symbol of this alliance. The Argentine president began to listen to the speech without headphones for translation, although a few minutes later he put them on with the help of Quirno.
|
⚠️ Argentina was the only Latin American country to officially back U.S. and Israeli military strikes against Iran, in a position isolated from the entire region and which generated diplomatic tensions with several neighbors. |
This ideological and strategic harmony with Washington is not new. From the beginning of his administration, Milei made alignment with Trump a central axis of his foreign policy. The Miami summit marks the president's 16th trip abroad since taking office, and strengthens that bond at a time of high international tension.
⚠️ IRAN'S SHADOW OVER LATIN AMERICA
Although the summit was initially convened to counter China's influence, the U.S.-Israeli war against Iran—which began a week earlier—dominated much of the agenda. Trump maintained that the Iranian conflict is not a matter alien to the American continent, and stressed that Iran maintains strategic ties with Cuba, Nicaragua and Nicolás Maduro's regime in Venezuela.
"They are a cancer," Trump said, referring to criminal cartels and terrorist networks linked to Iran. He said recent military operations — including the downing of Iranian ships and communication systems — prevented Tehran from obtaining a nuclear weapon, calling the result "a fifteen on a scale of ten."
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❝ The only way to defeat our enemies is by appealing to our military apparatus. — Donald Trump — Miami, March 7, 2026 |
According to reports, at the close of the summit, the Latin American leaders held bilateral meetings with Rubio and Bessent, in which trade and security issues specific to each country were discussed. Argentina negotiated aspects related to the trade agreement signed with the U.S. in November 2025.
📅 MILEI'S AGENDA: FROM MIAMI TO SANTIAGO, PASSING THROUGH NEW YORK
After the summit, Milei participated in a working lunch with Trump, in which the negotiations of the bilateral agreement signed in November 2025 were discussed. He then attended the award ceremony of the Hispanic Prosperity Gala, organized by Latino Wall Street, and left for New York.
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Sun. 8/3 |
🕍 Visit to the tomb of Rebbe Lubavitch, New York. |
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Mon. 9/3 |
🎓 Dissertation at Yeshiva University. Evening: The Algemeiner's Annual J100 Gala. |
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Mar. 10/3 |
💼 Meeting with Jamie Dimon (JPMorgan) · Opening of Argentina Week 2026 with +300 entrepreneurs. |
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Wed. 11/3 |
🇨🇱 Santiago de Chile: Attendance at the inauguration of José Antonio Kast as president of Chile. |
🔭 CONTEXT: A NEW GEOPOLITICAL ARCHITECTURE IN THE HEMISPHERE
The launch of the Shield of the Americas marks a turning point in Washington's foreign policy toward the region. From the start of his second term, Trump sought to consolidate an alliance architecture centered on conservative leaders who share his vision on security, migration and free markets, while diplomatically isolating leftist governments such as Venezuela, Cuba and Nicaragua.
For Argentina, the alignment has concrete consequences: greater access to international financial markets, political support for organizations such as the IMF and a privileged position in the new hemispheric geometry that Washington is designing. But it also entails costs: isolation within the Latin American region, tensions with traditional Mercosur partners and exposure to the ups and downs of Trump's foreign policy.
Secretary of State Marco Rubio is also expected to travel to Buenos Aires in the coming days to meet with Milei and Foreign Minister Quirno, in what would be the highest-ranking visit of the U.S. government to Argentina since Milei took office.
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❝ Argentina not only signed the Coat of the Americas: it is Trump's most visible and active partner in all of Latin America. — Editorial analysis |
📌 Sources: La Nación, Infobae, Perfil, Ambito Financiero, CNN en Español, France 24, Al Jazeera and Office of the President of Argentina (@OPRArgentina).
ARGENTINA HAS NEW LABOR LAW
- 07/03/2026 » 18:25 by cronywell
ARGENTINA HAS NEW LABOR LAW
ARGENTINA • NATIONAL POLICY • MARCH 6, 2026
— LABOR REFORM • LAW NO. 27,802 —
⚖️ ARGENTINA HAS NEW LABOR LAW
Milei enacted Decree 137/2026 and puts into effect the most profound reform of the labor market in three decades. The CGT reacted immediately with a judicial injunction.
⏱ Reading time: approx. 8 minutes • 🗓️ March 6, 2026 • 📰 Sources: Infobae, La Nación, Ámbito , Perfil, TN
A few hours before dawn on Friday, March 6, when most Argentines were still asleep, the Official Gazette published Decree 137/2026: the enactment of Law No. 27,802, called the Labor Modernization Law. With the signatures of President Javier Milei, Cabinet Chief Manuel Adorni and Human Capital Minister Sandra Pettovello, the government consummated what it considers its biggest legislative victory since arriving at the Casa Rosada. In less than twelve hours, the trade union world responded with its own weapons: a judicial injunction.
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📅 Date of Enactment |
March 6, 2026 |
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📋 Law number |
Law No. 27.802 |
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📜 Promulgating Decree |
Decree 137/2026 — Official Gazette |
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👥 Signatures |
Milei / Adorni / Pettovello |
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🗽 Approval in the Senate |
February 27, 2026 — 42 votes for, 28 against |
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⚖️ CGT Amparo |
Contentious Court Adm. Fed. No. 7 — Judge Lavié Pico |
🏛️ THE LEGISLATIVE PATH: FROM THE EXTRAORDINARY ONES TO THE OFFICIAL GAZETTE
The history of this law began months before its publication. The Executive Branch sent the bill to Congress during the extraordinary sessions convened by President Milei, within the framework of a legislative agenda of the highest priority for the Government. The Chamber of Senators granted half sanction on February 12, but the rule returned to the floor after Deputies eliminated Article 44 of the original text – referring to medical leaves – one of the most sensitive points of the debate.
On February 27, the Senate gave final approval with 42 affirmative votes, 28 negative and 2 abstentions. Exactly a week later, in the early hours of Friday morning, the Executive completed the cycle with the enactment. According to the text of the decree: "In use of the powers conferred by Article 78 of the National Constitution, Law No. 27,802 sanctioned by the Honorable Congress of the Nation in its session of February 27, 2026 is promulgated."
"It is the government's biggest legislative victory since it came to power. The Argentine labor market is changing today in a structural way."
For the ruling party, the law represents the end of a cycle: the end of a labor model that they consider obsolete, litigious and discourages investment. For the unions and part of the opposition, on the other hand, it is a historic setback in the rights acquired by workers.
🔧 STRUCTURAL CHANGES: WHAT LAW 27.802 MODIFIES
The law introduces profound modifications in several pillars of Argentine labor law. Here are the central points:
1. Severance payments
The calculation of compensation for dismissal without cause will no longer include the Christmas bonus, vacations or awards: only the monthly, normal and customary remuneration will be considered. In addition, compensation becomes the only economic compensation for the dismissal. The update of labor credits will be calculated by CPI plus 3% per year.
2. Employment Assistance Fund (FAL)
A fund financed with monthly contributions from employers is created: 1% for large companies and 2.5% for SMEs. Its purpose is to cover the costs of dismissal. It will come into force on June 1, 2026 and will only respond after receiving at least six monthly contributions. It will not apply to unregistered workers.
3. Unregistered employment: end of fines
The penalties of Law 24.013 are eliminated for cases of undeclared employment or deficient registration. Instead, an incentive scheme is implemented: employers who regularize workers will not pay fines, although they will have to pay salary and social security differences. The Program for the Promotion of Registered Employment provides for the forgiveness of up to 70% of contribution debts.
4. Right to strike: restriction on essential services
In activities declared an "essential service" – health, drinking water, telecommunications, aeronautics, port control – 75% of the personnel on active duty must be guaranteed during industrial action. In "transcendental" services, the floor is 50%. Active participation in blockades or occupations of establishments is established as grounds for dismissal with just cause.
5. Collective bargaining and trade unions
Collective agreements of a larger scope may not modify the content of agreements of a lesser scope, decentralizing negotiation and reducing the weight of national unions. Automatic ultra-activity is eliminated: expired agreements will no longer be in force indefinitely, forcing a new negotiation from scratch. Employers may no longer act as agents for withholding union dues without the express authorization of the worker.
6. Digital platforms and freelancers
The law explicitly incorporates "independent workers and their collaborators" and "independent providers of technological platforms" among those excluded from the regime of the Employment Contract Law, clarifying that this relationship does not imply subordination or labor dependence.
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⚠️ POINTS THAT COULD BE REJECTED BY THE COURTS |
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▸ Limitation of the right to strike in essential services (already declared inconst. in DNU 70/2023) |
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▸ Prioritization of company agreements over national agreements |
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▸ Elimination of ultra-activity in collective agreements |
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▸ Transfer of the national labor jurisdiction to the City of Buenos Aires |
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🚨 THE UNION RESPONSE: THE CGT'S PROTECTION
Just hours after the publication in the Official Gazette, the General Confederation of Labor (CGT) filed an action for judicial protection. The presentation, signed by the leadership triumvirate made up of Octavio Argüello, Jorge Solá and Cristían Jerónimo, was drawn to the Federal Administrative Court No. 7, in charge of Judge Enrique Lavié Pico.
The amparo does not attack the entire reform. In a strategic move, the labor federation concentrated its first proposal exclusively on articles 90 and 91 of the law, which regulate the transfer of the national labor jurisdiction to the orbit of the Autonomous City of Buenos Aires (CABA). The CGT requested a precautionary measure of "not innovating" that immediately suspends the operation of these articles.
"The transfer implies the closure of 30 labor courts and Chamber VII of the National Court of Appeals. It is a judicial collapse foretold."
According to the argument of the labor federation, the transfer of labor jurisdiction to the City violates current constitutional requirements for this type of transfer – a warning that had even been made public by Vice President Victoria Villarruel during the parliamentary debate. In addition, the transfer agreement was enabled by Decree 95/2026, which authorized the Chief of Cabinet Manuel Adorni to sign it without the intervention of the Bicameral Commission.
For the CGT, the operational background is also critical: the closure of 30 courts of first instance and Chamber VII of the National Chamber of Labor Appeals (CNAT) would affect thousands of cases in process and would generate uncertainty about the labor and pension situation of employees and judicial officials.
🏛️ THE CGT'S STRATEGY: A TWO-WAY JUDICIAL SYSTEM
The first amparo is not the only front. The CGT has already announced that it will present a second precautionary measure in the labor jurisdiction and will promote individual actions by different unions. The choice of the contentious jurisdiction for the first amparo – instead of the labor one – responds to a strategic calculation: the legal team of the CGT, advised by constitutionalists such as Alberto García Lema, issues that the national labor courts can act with caution in the face of the prospect of being under the Buenos Aires orbit.
The CGT maintains that the reform violates Article 14 bis of the National Constitution in its fundamental rights: protection against arbitrary dismissal, the right to strike, collective bargaining, freedom of association and social security. The union also invokes the principle of progressivity and the principle of protection of labor law, supported by the Pact of San José de Costa Rica.
The closest precedent dates from the end of 2023, when labor judge Liliana Rodríguez Fernández declared the invalidity of six articles of DNU 70/2023. However, there is a substantial difference: in that case it was a decree of necessity and urgency; now it is a law sanctioned by Congress, which gives it greater institutional weight and complicates the judicial scenario for challengers.
🛡️ THE GOVERNMENT'S DEFENSE: PREPARED FOR THE LEGAL BATTLE
Far from being surprised, the Executive was waiting for the judicial reaction. Weeks before the enactment, the Casa Rosada already had outlined a legal team to defend the law in court. The new Attorney General of the National Treasury, Sebastián Amerio – appointed on the same day of the enactment – will be in charge of representing the State in the cases.
The government plans to appeal in all possible instances and even anticipates that the dispute will reach the Supreme Court in the medium term. The new Minister of Justice, Juan Bautista Mahiques, remarked that the labor reform is "an issue of special priority for the President" and that the legal process will be defended with full institutional convocation.
Balcarce 50 argues that the CGT would not have active legitimacy to question institutional aspects of the redesign of the labor judicial system, and that the precedents of the Supreme Court endorse previous reorganizations of the labor jurisdiction in CABA. In addition, they point out that, unlike DNU 70/2023, the new rule enjoys the support of the parliamentary vote.
🗣️ THE VOICES OF THE DEBATE: CRITICISMS AND DEFENSES
The reactions were not limited to the union level. The Association of Magistrates and Officials of the National Justice (AMFJN) expressed formal objections about the way in which the law was treated in Congress, especially with respect to the transfer of jurisdiction. From the government of Jorge Macri in the City, on the other hand, they expressed their intention that the transition of the labor jurisdiction be carried out in an orderly manner.
On the academic level, labor lawyer Lucas Battiston summarized the paradox of the law: the so-called Labor Modernization Law tries to regulate the work of the 21st century with conceptual categories typical of the 20th century. For specialists in the technology sector, such as SkyOnline CEO Rafael Ibáñez, the integration of artificial intelligence into the workplace will require more ambitious regulatory frameworks than those now enacted.
"The law is born old. It regulates work in the 21st century with categories of the 20th century."
📋 KEYS TO THE CONFLICT
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🏛️ THE GOVERNMENT SAYS... ▸ Reform modernizes and deregulates the market ▸ Reduces chronic labor litigation ▸ Stimulates investment and formal employment ▸ It is a law of Congress: it has full support |
🚨 THE CGT MAINTAINS... ▸ It violates Article 14 bis of the Constitution ▸ Historical labor rights are rolled back ▸ The transfer of the jurisdiction is unconstitutional ▸ The case will end up in the Supreme Court |
"The dispute does not end in the Official Gazette. It is just beginning in the courts. The battle for the future of Argentine work will be fought, once again, in the corridors of the Courts."
— Special wording • March 7, 2026
⚖️ LAW 27.802 — ARGENTINE LABOR REFORM • Decree 137/2026 • Sources: Infobae, La Nación, Scope, Profile, Conclusion