
Argentine Cabinet Chief Manuel Adorni is confronting a growing list of criminal complaints ranging from the alleged omission of real estate assets in his sworn financial disclosure to suspected irregularities in public contracts linked to Tecnópolis, a public state-owned fairground located in Buenos Aires.
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Argentina’s unemployment rate stood at 7.5% in the fourth quarter of 2025, up from 6.4% in the same period of 2024 and from 6.6% in the previous quarter, according to data released on Wednesday by the national statistics agency, Indec. The employment rate was 45.0%, while the activity rate reached 48.6% across the 31 urban areas covered by the Permanent Household Survey.
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Argentina formally completed its withdrawal from the World Health Organization on March 17, a move announced by Javier Milei’s government a year ago and now confirmed by Secretary for International Economic Relations Pablo Quirno. In his statement, Quirno said the country would continue promoting health cooperation through bilateral and regional channels while fully safeguarding its sovereignty over public health policy.
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A forensic report added to the judicial case around the $LIBRA scandal contains references to payments that businessman Mauricio Novelli allegedly made to Javier Milei from 2021, when he was still a congressman, for classes and promotional work tied to N&W Profesional Traders, according to La Nación. The report also points to indications of money transfers or cash deliveries even after Milei became president.
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Political pressure on the judicial investigation into the $LIBRA case intensified on Monday after opposition lawmakers said they would file a complaint against federal prosecutor Eduardo Taiano before the Discipline Tribunal of the Public Prosecutor’s Office and seek his removal from the case. The move followed new reports published by Argentine media on the forensic review of Mauricio Novelli’s phone, one of the central pieces of evidence in the investigation.
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Argentina’s judicial investigation into the collapse of the $LIBRA cryptocurrency has added a new and potentially damaging element for President Javier Milei. A draft recovered from businessman Mauricio Novelli’s phone describes an alleged US$5 million agreement in exchange for presidential backing for the project, based on forensic material incorporated into the case file. Investigators were able to restore the deleted note, although there is still no public proof that any such agreement was formally validated by the government.
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The U.S. government has filed a new memorandum before the Second Circuit Court of Appeals in New York backing Argentina’s request to suspend post-judgment discovery in the YPF expropriation case. Argentina’s Treasury Solicitor’s Office said the filing supports the emergency motion submitted on March 6 seeking to pause document production, a sanctions request and an evidentiary hearing scheduled for April.
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Argentine assets ended the week under pressure, pulled lower by international volatility linked to the Middle East war, in a session marked by falling stocks and bonds, a higher country risk index and renewed oil-driven pressure on inflation and financial expectations. Brent crude settled at $103.14 a barrel, while Wall Street extended its weekly losses amid concern over global energy supply.
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Rising fuel prices have added new pressure to Argentina’s March inflation outlook, in a month already burdened by the start of the school year, utility adjustments and seasonal pressure on food prices. In the local market, gasoline prices have risen by roughly 7% to 8% so far in March, increasing the risk that monthly inflation could move back toward the 3% range.
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Argentina’s chief of staff, Manuel Adorni, has come under political pressure after it emerged that his wife accompanied him on the presidential aircraft during Javier Milei’s trip to the United States, triggering questions over the use of public resources and a possible contradiction with rules the government itself had set for official planes.
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