At 7:01 pm on Friday, February 14, the Argentine president published in his X account a message promoting unknown digital currency $ Libra, arguing that it would be a positive financial tool for small and medium enterprises. Milei erased the questionable post five hours later, when few had already profited and others lost. The case is being investigated by the Argentine court and in the United States. The prosecutor of the case in Argentina seeks to know what is the relationship between Milei, his sister, Karina Milei, secretary general of the presidency, and special advisor Santiago Caputo, a strong man who makes up the triumvirate of Argentine power, with the entrepreneurs involved in the issuance of $ Libra.
In a scenario of doubts, which united the fragmented opposition against Milei, sought to establish a CPI on the case in the Senate. By one vote, the Parliamentary Commission of Inquiry (CPI) was rejected. In the House of Representatives, the opposition still tries to gather support for the same initiative. In this context, the Argentine president held, on Saturday (1) at night, the opening speech of the legislative year.
He criticized the National Congress and warned that he would sign by decree the appointments of two judges of the Supreme Court of Justice, contrary to the provisions of the Constitution, as Clarín noted in Spanish. This week, the court rejected the name of one of the two appointed by Milei, Judge Ariel Lijo. These are problems generated by the government itself, they agree analysts. In the case of $ Libra, the questions revolve around at least two points: Milei’s credibility as understood from the digital, financial and economic world; the presidential investiture in a hazy case. In her latest public statements, Milei kept her primer of insults against entrepreneurs, economists and journalists. He re -calling journalists in general ‘garbage’. In the economic sphere, almost a year and two months after his inauguration, the president emphasizes the positive facts of his government, such as the fall of inflation.
However, consumers and entrepreneurs reject the high cost of living in the country, after the appreciation of weight, the Argentine currency. In this presidential period, Milei has been nine times in the United States, including trips to receive awards and to intensify his relationship with President Donald Trump. This Friday, among economic analysts, the perception is that this friendship may be contributing to the possible announcement of the new Argentina agreement with the International Monetary Fund (IMF). With new resources, which would be intended to strengthen the Central Bank reserves, the government intends to pave the way for the end of exchange control.
The text of the possible new agreement should be sent by the Government to the National Congress, through a DNU (equivalent to a provisional measure). Opposition criticizes the initiative and argues that it is through a bill, so that it is debated in Parliament, where the party of Milei, the Sanico Freedom advances has no majority of votes. But the government expects the project to be approved. And it must also be hoping that the $ Libra scandal falls into oblivion, but for now, the case promoter and opposition sectors maintain the focus on the case and their branches and implications.
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