Showing posts with label Argentina. Show all posts
Showing posts with label Argentina. Show all posts

Monday, June 08, 2026

We Found Out Peter Thiel's Sick Experiment on Argentina

n 5, 2026 | Most billionaires buy houses; Peter Thiel seems to buy countries. Not literally, obviously; but over the last two decades, he has funded projects to build new nations, backed experiments in private governance, collected back-up citizenships, and searched for places where politics works differently. Now he's setting up a new life in Argentina. And if you've followed Peter Thiel for any length of time, that should probably make you nervous.

Saturday, May 30, 2026

Peter Thiel Flees to Argentina

He’s getting off the sinking ship!

Either that, or Thiel has discovered who the Antichrist really is: Trump! 😊 – Mark

Friday, May 29, 2026

Why Did Peter Thiel Just Moved His Family to Argentina?

May 29, 2026


Weirdos of the world unite! — © Matk Alexander

Read the NYT article here.

I said from the very start that Javier Milei was a force for instability in Argentina. Regular visitors to this blog will remember that I had little positive to say about Milei’s plan of action for correcting the Argentinian economy. I stated that his policies would create great hardship for the masses. And so, it has been.

That Peter Thiel is setting up home there is puzzling indeed. One can but wonder!

The western world today is being led by the unhinged! Look no further than the USA! But more than this, it seems that the weirdos of the world are uniting. Despite all his money and extraordinary achievements in business, there is something very unsettling hearing or reading about a man who has an obsession with the Antichrist! There is certainly plenty of evil in this world, but to go on about the Antichrist is surely over the top! Whither the West? — © Mark Alexander

Why Peter Thiel Is Decamping to the End of the World

THE NEW YORK TIMES: The billionaire’s new roots in Argentina are said to be partly motivated by concerns about the future of the United States and shared beliefs with Argentina’s right-wing leader.

This screenshot has been taken from this NYT article. | Peter Thiel, right, arriving for a meeting with President Javier Milei at the Casa Rosada Presidential Palace in Buenos Aires in April. | Matias Baglietto/Reuters

The Saturday tournament at the Buenos Aires chess club hosted its usual lineup of players, including an accountant, a college student and schoolchildren. But this time, hunched over the club’s tiny wooden tables with them, was a new entrant: Peter Thiel, the right-wing tech billionaire and Trump donor.

Mr. Thiel — who, according to one of the participants, “did not play badly” and came in third — had recently decamped from his homes in Los Angeles and Miami to establish a foothold thousands of miles away in Argentina’s capital.

Over the past two months, Mr. Thiel has met with the country’s president, Javier Milei, and his ministers; purchased a mansion in one of Buenos Aires’ most exclusive neighborhoods; and hosted a dinner with local economists where he discussed the Antichrist, one of his favorite conversation topics, according to Argentine officials and people familiar with Mr. Thiel’s activities.

Mr. Thiel, who has a history of collecting backup countries as he hedges his bets against the United States, is considering making Argentina another Plan B, according to two people familiar with his thinking. Born in Germany and raised in the United States, he received citizenship in New Zealand in 2011, and applied for a passport in Malta in 2022.

His new roots in Argentina are partly motivated by his concerns about the direction of the United States, the people familiar with his thinking say, particularly California, where an initiative on November’s ballot could lead to a significant tax on billionaires.

Argentina, a nation relatively insulated from potential conflicts in the Northern Hemisphere, also fits as a potential escape hatch from other risks that Mr. Thiel has publicly warned about — nuclear war and runaway artificial intelligence.

But Mr. Thiel has also been energized by what he’s discovered in Argentina, finding harmony with Mr. Milei’s libertarian slash-and-burn governance and becoming enamored with Buenos Aires’ vibrancy, the people said. They, and others familiar with the billionaire’s activities and discussions about the country, spoke on condition of anonymity to share private conversations.

Mr. Thiel did not respond to a request for comment. » | Emma Bubola and Ryan Mac | Emma Bubola reported from Buenos Aires, and Ryan Mac from Los Angeles. |Thursday, May 28, 2026

Leer en español.

Thursday, May 14, 2026

Defiant Falklanders: We’re Bloody British – Back Off Milei

THE TELEGRAPH: We’re bloody British and always will be,’ a sixth-generation native tells The Telegraph

Trudi McPhee had just poured a couple of glasses of whisky when two RAF Typhoons roared over her windswept hilltop farm.

“We always love that sound, it’s the sound of freedom,” said the grinning Falkland Islander as she reclines in her seat, the dusty windows of her bungalow still rattling softly from the fighter jets.

“They roar overhead as if to say, ‘This is our place. You can go off somewhere else. You can stay clear. This is British territory, no one else’s.’”

The booming “freedom” flyby, as reassuring as it is for Trudi, may struggle to drown out the other background noise on the Falklands – the one coming across the water from Argentina.

Trudi McPhee had just poured a couple of glasses of whisky when two RAF Typhoons roared over her windswept hilltop farm.

“We always love that sound, it’s the sound of freedom,” said the grinning Falkland Islander as she reclines in her seat, the dusty windows of her bungalow still rattling softly from the fighter jets.

“They roar overhead as if to say, ‘This is our place. You can go off somewhere else. You can stay clear. This is British territory, no one else’s.’”

The booming “freedom” flyby, as reassuring as it is for Trudi, may struggle to drown out the other background noise on the Falklands – the one coming across the water from Argentina. » | Tom Cotterill | Defence Editor, Falkland Islands | Wednesday, May 13, 2026

Saturday, May 02, 2026

Why Milei’s Approval Ratings Are Tanking

Apr 29, 2026 | Compare news coverage. Spot media bias. Avoid algorithms.

Milei's popularity is coming under strain in Argentina as his economic recovery has stalled and corruption allegations have hurt his reputation. So in this video, we'll explore what's going wrong and whether he can pull his approval back from the brink.


Sunday, April 12, 2026

‘Disbelief and Disappointment’: How Javier Milei’s Bribery Scandal May Have Derailed Argentina’s Crypto Investment

THE GUARDIAN: Just as the industry is set to capitalize on country’s political and economic instability, president accused in $5m scheme

The Argentinian president, Javier Milei, is facing his lowest approval ratings since taking office in 2023 as newly published evidence allegedly reveals a $5m financial agreement connected to his public endorsement last year of a controversial crypto project.

The scandal has tarnished crypto’s reputation across Argentina and set back the ambitions of industry insiders who saw the country as fertile soil for the growth of digital money.

Milei’s promotion of crypto and the uproar over his alleged multimillion-dollar bribery come at a time when the economic reality for everyday Argentinians is grim. The libertarian president has introduced strict austerity measures to curb once-rampant inflation that triggered a recession and left many in poverty. The country is beginning to recover, but the once-rosy outlook of crypto’s enthusiastic promoters, including the president, clashes with the outlook on the ground. Regulators’ integration of crypto into the mainstream financial system has slowed in response. » | Adam Williams | Sunday, April 12, 2026

Tuesday, February 03, 2026

Hotel Eden - The Story of a German Nazi Hotel in Argentina | Documentary, 1995

Jan 19, 2017 | In La Falda, a small town in central Argentina, you can see the ruin of a luxurious hotel, but nobody would assume that this hotel played the role in German history it did. The hotel founded in 1899 helped the region to prosper and later Hitler to come to power. In the twenties, the famous and rich like the poet Berta Singer, the dancer Isadora Duncan, and the scientist.

Albert Einstein stayed here, while the owners visited Europe and met Adolf Hitler. From 1929, the hotel supported the NSDAP and even after it was closed down in 1945, it was used as a hiding place for persecuted fascists.

Nowadays, within the community of La Falda, people are arguing what to do with the ruins. Some want to demolish it while others want to host a museum and a cultural centre in it.

The filmmaker Cuini Amelio Ortiz, born in La Falda and now living in Germany, tells the story of the hotel in a fictional and documentarian style, moving somewhere between legend and reality; showing that German history left its traces in South America and how the fate of the inhabitants of La Falda is knitted together to Hitler’s Germany.


Saturday, November 01, 2025

Thursday, October 30, 2025

The Guardian View on Argentina’s Election: One Step Closer to Becoming a Trumpian Client State

THE GUARDIAN — EDITORIAL: A $40bn rescue may have helped Javier Milei scrape through midterms, but it leaves Argentina’s democracy and economy more dependent than ever on Washington

Argentina’s rightwing president, Javier Milei, his party and its allies claimed victory this week in key congressional elections. But it was Donald Trump who emerged the biggest winner. A $40bn lifeline from the US president gave Mr Milei’s beleaguered government just enough credibility – and apparent firepower – to halt the Argentinian peso’s slide. Crucially, this helped to stabilise consumer prices in the final weeks of the campaign. The US rescue engendered a short-lived aura of competence that allowed Mr Milei to shift the blame for rising prices back to the opposition, despite his own role in accelerating inflation by devaluing the currency when he took office.

Mr Milei’s wasn’t a decisive triumph. His rightwing coalition got 40% of the midterms vote thanks largely to a low turnout and a fragmented opposition. His “chainsaw” programme of privatisation and public spending cuts has not been popular. Polls suggest that six in 10 voters disapprove. Unsurprising, perhaps: since Mr Milei took office in December 2023, Argentinians’ purchasing power has fallen sharply, real wages have declined and more than 200,000 jobs have been lost. » | Editorial | Wednesday, October 29, 2025

Tuesday, October 28, 2025

Javier Milei Is No Libertarian. He Is Beholden to Argentina’s Oligarchs.

UNHERD: You have seen the spectacle. The wild sideburns, the rousing speeches, the roaring chainsaw, the heavy metal music dominating his mass rallies. Javier Milei, the self-styled shackle-breaking, anarcho-capitalist madman, marketed himself as a radical departure from everything that came before. He was going to blow up Argentina’s corrupt political casta, abolish its central bank, adopt the dollar and every kind of crypto coin out there as Argentina’s competing currencies. It was a gutsy bid to replace a century of Peronist and neoliberal failure with the libertarian’s dream: a pure, unadulterated, free market.

Across the globe, the nationalist Right, from Elon Musk, Benjamin Netanyahu and Donald Trump to Giorgia Meloni and Britain’s Daily Telegraph, lionised him. Niall Ferguson, the financial oligarchy’s court historian, declared a “man-made miracle” in the making. For a few brief months, as Argentina’s inflation rate plunged from its peaks, and even the poverty rates seemed to decrease, the chorus of fanboys grew deafening. Until everyone fell silent.

Today, the miracle has been exposed as a mirage. Argentina’s economy has nose-dived and its peso is in a death spiral, with a desperate $20-billion lifeline from the US and yet more rescue loans from the IMF keeping the Milei show on the road until the forthcoming mid-term elections. Closer inspection of the poverty reduction sub-miracle also reveals a mirage: the only reason the relative poverty index dropped was that median incomes had fallen faster than those at the bottom with the result that that fewer people now count as poor. The situation in Argentina is what you would call a meltdown — but is it really a surprise? » | Yanis Varoufakis | Thursday, October 16, 2025

Argentina's Milei Vows More Reforms after Election Triumph

Oct 27, 2025 | Argentina's President Javier Milei said his party's big victory in the nation's midterm elections marked a turning point and vowed to pursue reforms his government still considers necessary.

'Today we pass through a turning point,' Milei said after the results. Milei's party cruised to victory in midterm legislative elections as voters backed his free-market reforms and deep austerity measures, providing a mandate for him to push forward with his radical overhaul of the economy. The results will also likely be welcome news to US president Donald Trump, whose administration recently provided Argentina with a hefty financial bailout but had threatened to pull away if Milei did not do well.



Little good will come of this clown's reforms. They will enrich the superrich of Argentina and impoverish the masses. How Argentinians can vote for this madman is beyond my comprehension. — © Mark Alexander

Monday, October 27, 2025

Milei’s Win in Argentina Had Trump’s Fingerprints All Over It. But Just How Long Will Their Friendship Last?

THE GUARDIAN — OPINION: The Argentine president’s libertarian experiment is in tatters, and his hold on power seems increasingly dependent on volatile US support

In 1946, Argentina was emerging from military rule, an empowered labour movement was reshaping politics and Col Juan Perón, a leftwing leader who had introduced a raft of popular workers’ rights decrees, was rising fast in the polls. The then US ambassador, Spruille Braden, had other ideas about who should win the national election that year, and he openly campaigned against Perón in Buenos Aires. Braden’s action stands out as one of the most brazen instances of US interference in Argentina’s politics. Until now.

The Argentine president, Javier Milei, who won a resounding midterm victory on Sunday, has received ample support from Donald Trump. Ahead of the congressional elections, Trump endorsed Milei and warned: “If he loses, we are not going to be generous with Argentina.” Washington extended a $20bn currency swap line to the government – money aimed at stabilising financial volatility that would have undermined Milei’s chances. The US treasury even intervened directly, buying more than a billion dollars of pesos to slow the currency’s freefall in recent weeks. » | Jordana Timerman | Monday, October 27, 2025

Milei’s Party Wins High-stakes Argentina Elections, Early Results Show

Oct 27, 2025 | The party of Argentinian President Javier Milei has won midterm elections clinching a crucial vote of confidence in his free-market reforms and deep austerity measures.

Early results show Milei's Libertarian Party secured more than 40 percent of votes.

Al Jazeera’s Teresa Bo reports from Buenos Aires, Argentina.

Sunday, October 26, 2025

Why Trump's $20 Billion Bailout of Argentina Might Not Be Enough to Rescue Milei | DW News

Oct 26, 2025 | Voting is underway in Argentina as people head to the polls in critical midterm elections. Sunday's vote is seen as a test for President Javier Milei and his austerity policies. Inflation has fallen significantly in recent months, but so has Milei's popularity. Around half of the seats in the lower chambers and a third of those in the upper chamber are up for grabs.

Saturday, October 25, 2025

Why Support for Argentina's Milei Is Waning | DW News

Oct 25, 2025 | Argentina is preparing to vote in a mid-term election test on Sunday for President Javier Milei’s radical free-market experiment. Since taking office he's cut spending and slashed inflation. But scandals and austerity have fueled discontent. And then there's the added complication of Milei's ally Donald Trump, who has tied US aid to Milei's success at the ballot box. Young people, who had catapulted him to power in 2023, are now divided between support, disillusionment, and a loss of enthusiasm following widespread adjustments ranging from universities to disability benefits.


Argentinians have placed their trust in a madman! Unfortunately, Javier Milei has virually zero chance of fixing Argentina's economic woes. Fixing Argentina's economy requires a leader with a level head and sound, sensible, and fair economic policies. Milei's radical, anarcho-capitalistic policies are neither sound nor sensible nor fair! — © Mark Alexander

Thursday, October 16, 2025

Why Is Trump Bailing Out Argentina's President Milei While Firing Thousands of Workers in US?

Oct 16, 2025 | We speak to Argentine journalist Pablo Calvi about the U.S. government's multibillion-dollar bailout for Argentina, which could grow from $20 billion to $40 billion as Argentina is rocked by an ongoing economic crisis. "I don't see that the bailout would benefit the Argentine people or the American people, for that matter," says Calvi. Instead, he believes the tech industry will reap the financial rewards from its ties to U.S. President Trump and his ally, far-right Argentine President Javier Milei, who attended the conservative CPAC conference in the U.S., where he gifted billionaire Elon Musk a chain saw.


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Why Trump’s $20B Argentina Bailout May Be Doomed to Fail | WSJ

Oct 15, 2025 | President Trump recently announced a $20 billion deal to rescue Argentina and President Javier Milei, angering U.S. farmers and putting American taxpayers at risk. On Wednesday, Treasury Secretary Scott Bessent announced that the Trump Administration was also assembling an additional $20 billion aid in a private finance facility that could act as a backstop for Argentina's debt.

Tuesday, October 14, 2025

Trump Threatens to Cut US Aid to Argentina If Milei Loses Election

THE GUARDIAN: US president says ‘we will not be generous’ if leader fails to win key midterms after promising $20bn to prop up struggling economy

Donald Trump has warned he could cut financial aid to Argentina if his ally Javier Milei loses crucial legislative elections later this month.

“If he loses, we are not going to be generous with Argentina,” the US president said as Milei visited the White House to seek the Republican’s political and economic support. “I’m with this man because his philosophy is correct. And he may win and he may not win – I think he’s going to win. And if he wins we are staying with him, and if he doesn’t win we are gone.”

Trump’s administration has already promised $20bn to prop up Argentina’s struggling economy but his backing has failed to calm the markets – or help Milei’s polling before midterms on 26 October.

The results of the elections, in which Milei’s minority party is hoping to boost its seat tally, will dictate whether he can pass tough cost-cutting reforms or will face a legislative brick wall for the next two years of his term.

Hailing Milei as a “great leader”, Trump said he would “fully endorse” his ideological ally in the elections. “He’s Maga all the way, it’s ‘Make Argentina Great Again,’” he added. » | Agencies | Tuesday, October 14, 2025