Despite interventions from the United States Treasury, financial tensions continue to escalate in Argentina just over a week before the Oct. 26 midterms. The wholesale dollar recorded its biggest daily rise on Friday in almost six weeks, closing at AR$1,450, a 3.5% increase. It briefly reached an intraday high of AR$1,475, putting it just 2.5% below the floating band ceiling of AR$1,489.10.
Add your comment!Washington's Ambassador to Buenos Aires, Peter Lamelas, announced big news was on its way, probably regarding a strengthened economic alliance and a trade agreement. His statements were backed by similar comments from Argentina's mission chief in the United States, Alec Oxenford.
Add your comment!After his speech Tuesday before the US Senate, Peter Lamelas, Donald Trump's nominee for US ambassador to Argentina, has sparked widespread condemnation from Argentine governors, former President Cristina Fernández de Kirchner (CFK), and the Chinese Embassy in Buenos Aires.
Peter Lamelas, Donald Trump's ambassador-designate to Argentina, reiterated Tuesday during his confirmation hearing before the US Senate that his country was neutral regarding the Falkland/Malvinas Islands issue. In addition, he described Argentina as a “key player” and insisted he was looking forward to an “unprecedented alliance” with President Javier Milei, whom he described as a “friend” of Donald Trump.
US President-elect Donald J. Trump chose Peter Lamelas for the position of Ambassador in Buenos Aires during his administration to be inaugurated on Jan. 20, 2025. The Cuban-born physician has already met President Javier Milei.