Congressman José Luis Espert has resigned as chairman of the Budget and Finance Committee in Argentina's Lower House, just hours after withdrawing his reelection candidacy amid a scandal linking him to a drug trafficker wanted in the State of Texas. His bid had further tarnished the already dire situation that President Javier Milei's La Libertad Avanza (LLA) is going through.
The blue version (a euphemism for black market) of the US dollar against the Argentine peso was still going up Wednesday as President Javier Milei was planning to make his first appearance as the leader of a rock band at Buenos Aires' iconic Luna Park stadium. According to local media, one US dollar was quoted at AR$ 1,235 / 1,255 (buy sell at Buenos Aires' caves (unofficial money exchange parlors), which represented an AR$ 25 increase from the previous day for a 41% gap with the official rate.