IBOV 185,229.17 ▼ 0.41% IPSA 11,381.18 ▲ 1.30% IPC MEX 63,375.93 ▼ 0.78% MERVAL 3,021,926 ▼ 1.29% COLCAP 2,548.22 ▲ 1.05% BVL PERÚ 60,023.65 ▼ 1.13% USD/BRL5.11▼ 0.65% USD/MXN17.20▼ 0.15% USD/CLP954.43▼ 0.53% USD/COP3,181▲ 0.20% USD/PEN3.37▼ 0.17% USD/ARS1,516▲ 0.10% USD/UYU40.16— 0.00% USD/PYG5,926▲ 0.34% USD/BOB9.95— 0.00% USD/DOP59.26▲ 0.87% USD/CRC443.27▼ 0.27% USD/GTQ7.63▼ 0.05% USD/HNL26.86▲ 0.03% USD/NIO36.62— 0.00% USD/VES847.44▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.76▲ 0.20% EUR/BRL5.86▼ 0.81% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,229.17 ▼ 0.41% IPSA 11,381.18 ▲ 1.30% IPC MEX 63,375.93 ▼ 0.78% MERVAL 3,021,926 ▼ 1.29% COLCAP 2,548.22 ▲ 1.05% BVL PERÚ 60,023.65 ▼ 1.13% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Latin America Argentina

Argentina’s Cabinet Reshuffle: Power Plays Amid Economic Revival

By · November 2, 2025 · 2 min read

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In the heart of Buenos Aires, a political drama unfolded on October 31, 2025, as Argentine President Javier Milei accepted the resignations of two key figures in his administration: Chief of Staff Guillermo Francos and Interior Minister Lisandro Catalán.

This shake-up came mere days after Milei’s libertarian party, La Libertad Avanza, triumphed in midterm elections on October 26, bolstering its congressional seats and signaling public support for his aggressive reforms.

Francos, a 74-year-old veteran politician who had bridged dialogues with provincial leaders since May 2024, cited swirling rumors of cabinet changes in his X post, stepping aside to let Milei launch a “new phase” unencumbered.

Hours later, Catalán—Francos’s ally, appointed just six weeks prior—followed suit, praising the president’s vision for liberty-driven change while reaffirming his backing from afar.

Behind the scenes, the moves exposed simmering rivalries. Tensions between Milei’s sister Karina, the influential Secretary General, and advisor Santiago Caputo over key appointments had escalated, with Francos openly critiquing Caputo’s shadow power.

The reshuffle favored Karina’s camp: Presidential spokesperson Manuel Adorni, her close ally, assumed Francos’s role on November 3, promising streamlined reforms from December 10 onward.

Argentina's Cabinet Reshuffle: Power Plays Amid Economic Revival
Argentina’s Cabinet Reshuffle: Power Plays Amid Economic Revival –  Interior Minister Lisandro Catalán.
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Argentina’s Cabinet Reshuffle: Power Plays Amid Economic Revival

That same evening, Milei dined privately with former President Mauricio Macri at the presidential residence, hinting at potential alliances to push deregulation and privatization amid ongoing economic stabilization.

Milei, an economist who stormed into office in December 2023, has slashed inflation from over 200% annually to around 32% by mid-2025, spurring a 6.3% GDP rebound through fiscal discipline—contrasting sharply with prior policies that fueled decades of instability and debt.

Yet, this internal friction underscores the challenges of dismantling entrenched systems that have long hampered growth.

For outsiders eyeing Argentina’s potential, this episode reveals how bold leadership navigates infighting to foster opportunity, offering a glimpse into a nation pivoting toward prosperity despite historical burdens.

As reforms advance, watch for impacts on investment and daily life in this vibrant South American powerhouse.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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