Person
Javier Milei is Argentina's libertarian president since 2023, known for austerity reforms and efforts to stabilize the nation's debt and currency.
Britain has asked Interpol to reject Argentine red-notice requests to arrest people involved in the Falklands' Sea Lion oil project. Argentina aims to criminalise those involved, the Guardian reported, so personal risk depends on which countries act on a notice.
Reality
Argentina's central bank will keep its 2022 ban on banks offering crypto this year, Juan Curutchet said, naming a second Milei term as a possible opening. That keeps the country's banks out of a market that took in $88.5 billion of crypto in a year, by Chainalysis's count.
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Arkham Intelligence says wallets tied to LIBRA's Kelsier Ventures now hold about $2 million, down from nearly $300 million in February 2025. Because about $100 million of that was USDC and SOL, a falling LIBRA price cannot explain the drop on its own.
Reality
Argentina plans to offer citizenship for a $350,000 Treasury contribution or an $800,000 seven-year bond, in a scheme its advisers say could raise up to $2.5bn. At best that covers about a tenth of the nearly $25bn in foreign-currency debt the Treasury faces in 2027.
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Chile's President José Antonio Kast lost 14 approval points in March after refusing energy subsidies as the Hormuz closure raised prices. Voters across the region are punishing governments that fail on living costs, whatever their ideology, so policy is set to keep swinging.
Reality
Under-25 delinquency of 37.6% is about 1.7 times the rate implied for Argentine borrowers overall, and the data behind it counts people rather than pesos, so it cannot yet say whose loan book is impaired.
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OpenAI's letter of intent with Sur Energy heads a 1,450MW queue of announced Patagonian projects, and the developers behind it want prospective tenants walking the sites in February and agreements signed this year.
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Rockhopper and Navitas plan to start drilling within months and to pump oil in 2028. Argentina's threatened sanctions arrive in that gap with no measure, legal basis or named target published, so the risk is real and unpriced.
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Drilling since 2018 turned 2.2 million tons at Hombre Muerto into 15 million. POSCO's own production case keeps a fifth of that, and the $60 billion headline is a bet on price.
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The Johns Hopkins economist advising Caracas puts approval odds at 50 to 80 percent. What passes or fails is the largest retirement of a currency since the euro, and the end of a lender of last resort.
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Amnesty says Argentina bought social-media monitoring, facial recognition and drones for at least $1.2 million across 2024 and 2025. The invoice is small because the expensive work sits elsewhere.
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