Argentina returns to markets: "Luis Caputo's management is being successful"
The government issued a $1 billion bond, allowing it to meet upcoming debt maturities in July of $4.3 billion. Separately, Israel accepted a new truce with Hamas proposed by the United States. "The positive aspect of the bond is the foray into the international market; it's a way to open the door to external financing without canceling debt. This will secure reserves, lower the country's risk, and comply with the International Monetary Fund. The problem is that the rate is very high, and that already indicates that [Javier] Milei will not be able to have that 5% annual inflation," said Gabriel Rubinstein, former Deputy Minister of Economy of Argentina, on Cara o ceca. Rubinstein praised Milei's economic management and rated it above the performance of Sergio Massa, whom he seconded. "The government's objective is to lower inflation, and it is achieving it. Luis Caputo's management is being more successful than that of Sergio Massa [former Minister of Economy of Alberto Fernández], mainly because he has a president who takes responsibility for the fiscal deficit, and Caputo is fulfilling it; if it were not so, he would have already fired him," he stated. Israel accepted a new truce with Hamas proposed by the United States. Signs of progress towards a temporary truce emerged after the push by US Special Envoy Steve Witkoff for a ceasefire between Israel and Hamas, from which more captured hostages can be returned. "Until it is signed by both parties, this agreement must be taken with a grain of salt. Let's remember that, previously, the US has said that Israel has maintained that it had signed things, when in reality it had not," commented Melisa Trad, a journalist specializing in the Middle East, on Cara o ceca. "The international community is in crisis. Although many more things are happening in the world, such as the civil war in Sudan, what Israel is doing in Gaza highlights a hypocrisy of the Western world," she concluded.
Original title: Argentina vuelve a los mercados: "La gestión de Luis Caputo está siendo exitosa"
Original description: El Gobierno emitió un bono por 1.000 millones de dólares, lo que le permitirá afrontar los próximos…