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MercoPress, en Español

Montevideo, May 9th 2024 - 06:15 UTC

Argentina

  • Tuesday, April 30th 2024 - 20:32 UTC

    Transport strike to paralyze Argentina in repudiation of taxation reforms

    Between 8 am and 11 am on May 6, simultaneous workers assemblies will be held, thus affecting the transport services, Schmid explained

    As President Javier Milei's chainsaw economic policies begin to take shape following the approval at the Lower House of a series of reforms, many of the sectors to be affected by these changes announced Tuesday in Buenos Aires a nationwide air, land, and maritime transport strike for May 6.

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  • Tuesday, April 30th 2024 - 19:22 UTC

    Argentina: Milei's chainsaw policies underway after Lower House's nod

    Milei thanked all the legislators who supported “our project”

    The shaping up of Argentine President Javier Milei's “chainsaw” economic politics kicked off this week with the broad approval by Congress' Lower House of the so-called “Omnibus Law” bill, also known for its formal name as the Bases Law: “It is a fundamental step to get Argentina out of the swamp,” Milei stressed on social media. The Basic Law bill has ten titles totaling 25 chapters.

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  • Tuesday, April 30th 2024 - 10:42 UTC

    USCG James arrives in Argentina for cooperation maneuvers

    Milei and his entourage donned Coast Guard jackets to the event

    Donning Coast Guard (PNA) jackets, Argentine President Javier Milei, Security Minister Patricia Bullrich (Security), and Presidential Secretary Karina Milei participated Monday in the ceremony welcoming the US Coast Guard cutter James (WMSL 754) to Buenos Aires for joint actions with local forces to prevent illegal fishing in the Exclusive Economic Zone (EEZ) in the South Atlantic. The James will stay in Buenos Aires until Friday.

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  • Monday, April 29th 2024 - 19:52 UTC

    JetSmart: Fate of Argentine national claiming to carry a bomb yet to be decided

    Paraguayan prosecutors might hand over the case to Argentine authorities given the aircraft's registration

    Paraguayan Prosecutors were still wondering Monday which course of action to take against the Argentine national who was arrested on Sunday when he claimed there was an explosive device in his luggage as he boarded a JetSmart flight bound for Buenos Aires.

  • Monday, April 29th 2024 - 14:45 UTC

    Negotiations for a Falklands third humanitarian project confirmed by UK ambassador in Argentina

    “I would call the humanitarian projects, basically the greatest achievement of our bilateral relation in recent years,” said British ambassador Kirsty Hayes

    Kirsty Hayes, British ambassador in Buenos Aires admitted that relations between Argentina and UK have been “complex”, and London has always made efforts to improve them, but ”there will be no sovereignty discussions on Falklands' sovereignty because what is most important is not our (British) perception or that of Argentina but the Falkland Islanders opinion.”

  • Monday, April 29th 2024 - 10:59 UTC

    Mondino seeking to soothe ties with China after Milei's campaign announcements

    Mondino is aware that Argentina needs the currency swap with China extended despite Milei's tantrums

    Argentine Foreign Minister Diana Mondino is on a crusade in China to discuss bilateral issues with an economic giant with whom President Javier Milei had pledged during his campaign that he wanted no ties. “Not only will I not do business with China, I will not do business with any communist,” Milei announced repeatedly on his way to Casa Rosada.

  • Sunday, April 28th 2024 - 12:36 UTC

    Milei needs to change the course of his government, warns CFK

    ”What's the use of 60% of the votes if people then go hungry and do not make ends meet? CFK wondered

    Former two-time Argentine head of State Cristina Fernández de Kirchner (CFK) made a rentrée under the limelight Saturday at the opening of the President Néstor Kirchner Stadium in Quilmes, on the outskirts of Buenos Aires, in her first public appearance since completing her first term as vice president on Dec. 9 last year. She seized the opportunity to criticize the Libertarian administration of Javier Milei for the unnecessary hardships imposed on the people.

  • Saturday, April 27th 2024 - 10:59 UTC

    Military presence “at the appropriate level to ensure the defense of the Falklands,” UK MoD

    British forces stationed at MPC include an infantry company, an air defense battery, four Typhoon fighter jets, and a patrol vessel from the Royal Navy.

    Following Argentina's purchase of US-made F-16 jets from Denmark, concerns were raised in Parliament to a Secretary of Defense regarding the UK's defense readiness in the South Atlantic, more precisely the Falkland Islands.

  • Friday, April 26th 2024 - 20:59 UTC

    Thousands of layoffs feared in Argentina next month

    The number of Industrial SMEs has remained unchanged for quite a while amid an increase in population, Rosato warned

    Argentine SMEs fear a wave of sackings in the coming days due to President Javier Milei's policies which may have been somewhat successful at curbing inflation but at a cost. The Industriales Pymes Argentinos (IPA) chamber released a report saying that some 17,000 jobs had been lost since Milei took office on Dec. 10, 2023, and further suspensions and layoffs appear on May's radar.

  • Friday, April 26th 2024 - 20:06 UTC

    Argentina's Central Bank lowers basic interest rates

    The new contraction will be used to pay less interest

    Argentina's Central Bank (BCRA) this week lowered the benchmark interest rate by another 10 percentage points to 60% annually, it was reported in Buenos Aires. It was the fourth such cut since Javier Milei took office on December 10, 2023, when the rate stood at 133%. “BCRA announces that as of 04-25-2024, the rate for 1-business-day maturity passive operations will be 60%,” it said in a statement. It was also the second 10-point cut in April alone.