2,828,027S&P Merval · Fri Oct 9 close · −0.20%

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ARS 1,517USD/ARS wholesale · Fri Oct 9 close · +0.10%
S&P Merval2,828,027.00▼0.20%10/9USD/ARS1,517.00▲0.10%10/9S&P 5007,811.54▲0.59%10/9WTI$91.85▲0.39%10/9Gold$4,216.30▲1.43%10/9
Politics · JusticePress ✓ 4 outlets · ruling per Infobae, Ámbito, La Nación and Perfil

The Supreme Court suspended the article of DNU 70 that repealed the Land Law and restored the limits on the sale of farmland to foreigners

The injunction is interim and reverses the September 29 ruling. It relieves the government ahead of the opposition session on October 15, but the opposition says it could be overturned at any moment.

The Supreme Court issued an interim injunction on Friday, October 9, suspending Article 154 of DNU 70/23, the one that repealed the Rural Lands Law, according to Infobae, Ámbito and La Nación. As a result, the limits of Law 26,737 apply again: a maximum of 15% of rural land in foreign hands and a cap of 1,000 hectares per holder in the most valuable farming areas. The suspension remains in place until the competent judge, the Federal Court of San Carlos de Bariloche, rules on the plaintiffs’ legal standing and examines the request for an injunction. The measure reverses the effect of the September 29 ruling, in which the Court had dismissed the lawsuit for lack of legal standing and, in practice, removed the limits, according to La Nación.

Justices Horacio Rosatti and Ricardo Lorenzetti signed, together with substitute judges Barroetaveña and Pérez Curci. Carlos Rosenkrantz voted in partial dissent: he said the Court was not competent to issue an injunction that the lower courts had not considered. La Nación spoke of a ruling that “relieves the government” because it gives it arguments to defuse the session the opposition requested for October 15. The opposition maintains that the decision is provisional and that it will insist on repealing DNU 70/23 in Congress; the governing party says it does not have the votes and plans to set new limits with the Inviolability of Private Property bill, according to Infobae.

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By the numbers
15%maximum share of rural land in foreign hands, under Law 26,737
1,000 hacap per holder in the most valuable farming areas
Oct 15opposition session requested in the Chamber of Deputies
World · EnergyPress ✓ 5 outlets · figures per Trump’s message, Infobae and Ámbito

Trump announced a deal with Putin for Russia to sell more than 300,000 metric tons of diesel to the US and global markets

President Donald Trump wrote on Truth Social on Friday, October 9, that after speaking with Vladimir Putin, Russia will immediately supply more than 300,000 metric tons of diesel to the United States and the global market, according to Infobae and Ámbito. Another 500,000 would follow in November and a million more immediately after, and up to three million additional depending on the capacity of Russian refineries. The Kremlin confirmed its willingness to supply the markets. To make this possible, Washington temporarily authorized the sale and import of Russian diesel until April 7, 2027, although it maintains restrictions on payments to three Russian state financial institutions.

Trump presented it as a way to lower fuel prices before the November 3 elections and said diesel will fall “rapidly and in record numbers,” with no data to confirm it, according to EFE. It is a reversal: last month he had signed a broad sanctions law against Russia. WTI closed at US$91.85, up 0.39%. DailyDrop has not yet seen retail price data or Ukraine’s official reaction.

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World · AwardsPress ✓ 5 outlets · winner per EFE, Infobae, La Nación and El Cronista

The 2026 Nobel Peace Prize went to South African jurist Navi Pillay; Trump called the decision an “indelible stain” on Norway

The Norwegian Nobel Committee announced on Friday, October 9, that the 2026 Nobel Peace Prize goes to South African jurist Navanethem “Navi” Pillay, 85, for her work on behalf of peace and international law, according to EFE, Infobae, La Nación and El Cronista. She defended anti-apartheid activists, including Nelson Mandela, served as UN High Commissioner for Human Rights from 2008 to 2014 and is a judge of the International Court of Justice. She chaired the UN commission that concluded that Israel committed genocide in Gaza, which Israel rejected. The prize is 12 million Swedish kronor, about US$1.2 million, and is awarded in Oslo on December 10. There were 287 candidates.

Perfil reported that Trump called the decision an “indelible stain” on Norway and said he did not know who the winner was; Pillay responded ironically that, if people applaud him louder, she may share the prize with him. The direct quote comes from a single outlet and from Trump’s posts on Truth Social. The ICC said the prize recognizes the role of international justice.

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Markets · ArgentinaPress ✓ 3 outlets · close per Infobae and La Nación, with differences

The S&P Merval closed the week with a slight drop, country risk ended at 589 points and the blue dollar logged a cumulative drop of 20 pesos

The S&P Merval gave up 0.2% on Friday, October 9, and closed at 2,828,027 points, according to Infobae; La Nación put it 0.4% lower, at 2,820,435, so the exact figure carries that caveat. Country risk rose one point, to 589, or 590 according to La Nación, on a day of improvement in global markets. Sovereign bonds had risen for the second session in a row, according to La Nación. The New York indexes rose between 0.6% and 0.8% and the 10-year Treasury bond yielded close to 5.24%.

The wholesale rate closed at 1,517 pesos, up 0.1%, and the Central Bank bought US$69 million, with gross reserves of US$49,701 million, Infobae reported. The blue held at 1,540 pesos and logged a cumulative drop of 20 pesos over the week, its biggest weekly retreat in two months, according to Ámbito. The official rate at Banco Nación closed at 1,535 pesos according to La Nación and at 1,540 according to Perfil. Infobae noted that country risk fell almost 10% over the week.

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In brief
  • Court: interim injunction restores limits on land sales to foreignersInfobae, Ámbito
  • Trump and Putin: Russia will sell more than 300,000 metric tons of dieselInfobae, Ámbito
  • Nobel Peace Prize to Navi Pillay; Trump criticizes the decisionEFE, Perfil
  • S&P Merval −0.2% at 2,828,027; country risk 589Infobae
  • Wholesale dollar 1,517 pesos; blue 1,540 (−20 pesos on the week)Infobae, Ámbito
  • S&P 500 7,811.54 (+0.59%); WTI US$91.85; gold US$4,216.3market data
  • Milei and Bullrich agree a truce in OlivosLa Nación, Perfil
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Politics · EducationPress ✓ 3 outlets · proceedings per Infobae, La Nación and Ámbito

The court granted the government’s appeal and sent the case to the appeals court, but the injunction requiring compliance with the university law remains in force

Judge Martín Cormick granted on Friday, October 9, the Argentine State’s appeal against his ruling and sent the file to the Federal Administrative Litigation Court of Appeals, according to Infobae. The appeal has suspensive effect on the ruling, but the earlier injunction remains firm and does not halt the enforcement measures, according to Infobae and La Nación. The government is analyzing other legal mechanisms to avoid the immediate expense.

Ámbito reported that people from the universities say the Education secretary had to leave a meeting at the request of Sandra Pettovello, and that there is nothing to negotiate. Rectors and universities are preparing a mobilization for October 15. DailyDrop has not seen a date for the Court of Appeals’ ruling.

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Unverified — what we could not confirm

“The Court definitively authorized the sale of land to foreigners.” It did the opposite: it issued an interim injunction that restores the limits until a judge rules (Infobae, Ámbito).
“Russia is already delivering diesel to the US.” Trump announced the deal; shipments depend on the refineries and there is no delivery data (Infobae, EFE).
“Trump won a Nobel nomination this year.” The prize went to Navi Pillay; Trump criticized the decision (EFE, Perfil).

Influencer watch

  • Donald Trump, presidente de EE.UU. Truth Social · 10/9Trump posted on Truth Social that Russia will immediately supply over 300,000 tons of diesel to the American and global marketplace.
  • Donald Trump, presidente de EE.UU. Truth Social · 10/9Trump shared a Truth Social post criticising the Nobel Peace Prize committee and the laureate.

Statements as posted, not fact-checked.

Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.
INSIDEThe Supreme Court suspended the article of DNU 70 that repealed the Land Law and restored the limits on the sale of farmland to foreignersPolitics · JusticeTrump announced a deal with Putin for Russia to sell more than 300,000 metric tons of diesel to the US and global marketsWorld · EnergyThe 2026 Nobel Peace Prize went to South African jurist Navi Pillay; Trump called the decision an “indelible stain” on NorwayWorld · AwardsThe S&P Merval closed the week with a slight drop, country risk ended at 589 points and the blue dollar logged a cumulative drop of 20 pesosMarkets · ArgentinaThe court granted the government’s appeal and sent the case to the appeals court, but the injunction requiring compliance with the university law remains in forcePolitics · Education