Argentina

Saturday, May 4th 2024 - 10:55 UTC
Milei's Office condemns slanderous statements by Spanish official

The Government of Argentina was angered Friday after Spain's Transport Minister Oscar Puente said President Javier Milei was “ingesting substances.” Casa Rosada replied with a communiqué outlining the alleged involvement of Prime Minister Pedro Sánchez's wife in a case of corruption that nearly led to his resignation and insisted Madrid should remain focused on those affairs.
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Friday, May 3rd 2024 - 10:59 UTC
Mondino says all Chinese people look the same and becomes social media laughingstock

Argentine Foreign Minister Diana Mondino took heavy social media flak Thursday after her remarks in a newspaper interview that all Chinese people looked the same. Therefore nobody could know whether or not the staff at the controversial base in the Neuquén province were scientists.
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Thursday, May 2nd 2024 - 19:39 UTC
Argentina's BCRA again lowers basic interest rates in less than one week

Argentina's Central Bank (BCRA) once again lowered the benchmark interest rate from 60% to 50%. It was the fifth cutdown since the Libertarian administration of President Javier Milei took office in December last year. Thus, yields from fixed-term deposits will fall monthly from the current 5% per month to 4.2% for an annual effective rate of 64.8%.
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Thursday, May 2nd 2024 - 19:11 UTC
Argentina: Drop in retail prices expected soon

In line with President Javier Milei's chainsaw politics to curb inflation, Argentine supermarkets expect a drop in retail prices shortly once imported items arrive to compete with local production as agreed upon with the Economy Ministry in March, it was reported in Buenos Aires.
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Wednesday, May 1st 2024 - 23:50 UTC
Mondino assured of China's support for Argentina's stance regarding Malvinas/Falkland issue

Although Argentine Foreign Minister Diana Mondino had the near-impossible task of putting her country on good terms with China despite President Javier Milei's disparaging campaign comments, some common ground was reached this week as the South American diplomat reaffirmed the one-China principle and Beijing backed Argentina's claim to the Falkland/Malvinas Islands.
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Wednesday, May 1st 2024 - 21:28 UTC
Argentine unions ratify May 9 general strike against Milei's policies

Argentina's main unions insisted Wednesday during the Labor Day demonstrations that the plans for the May 9 general strike against President Javier Milei's economic reforms that are affecting people's purchase power were “not in doubt.” Healthcare workers union leader Héctor Daer, who co-chairs the General Labor Confederation (CGT), also explained that “We are going to go ahead with the struggle plan that we have been developing. When the measure was announced, Argentina ”was bad and now it is worse.”
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Tuesday, April 30th 2024 - 23:02 UTC
Argentina's Lower House okays extra powers to President Milei

Argentina's Lower House Tuesday agreed to grant President Milei on a temporary basis certain decision-making powers originally reserved by the Constitution to the Legislative Branch, it was reported in Buenos Aires. The neverending Parliamentary session also decided in favor of the partial and full privatization of several state-owned companies, among other topics included in the so-called “Omnibus Law” bill -formally the Bases Law draft that Milei regards as the starting point of his “chainsaw” economic policies.
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Tuesday, April 30th 2024 - 20:32 UTC
Transport strike to paralyze Argentina in repudiation of taxation reforms

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

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

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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