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MercoPress, en Español

Montevideo, April 30th 2024 - 13:27 UTC

Argentina

  • Monday, March 18th 2024 - 10:12 UTC

    Argentina's SME industry records new interannual fall in February

    CAME is also taking center stage in Argentine politics

    Argentina's small- and medium-sized manufacturing industry fell 9.9% last month compared to February last year at constant prices, the Argentine Confederation of Medium-sized Companies (CAME) said in a report released over the weekend. It was the third straight month downwards despite a slowdown from December's 27% and January's 30%, the survey also showed.

  • Saturday, March 16th 2024 - 08:05 UTC

    Aerolíneas Argentinas pilots announce full strike for Easter Week

    The APLA union claims that their workers' wages are over 83% behind inflation

    Aerolíneas Argentinas' pilots have announced a 48-hour strike for Easter Week to demand a salary adjustment. The Airline Pilot Association (APLA) labor union claims that their wages are over 83% behind inflation.

  • Friday, March 15th 2024 - 20:22 UTC

    May Pact in doubt after Thursday's outcome at the Senate, warns Milei

    Milei said he was confident the DNU would get through the Lower House and remain in force

    Argentine President Javier Milei said Friday that Thursday's Senate setback casted doubts on the signing of the so-called May Pact he launched during his State of the Nation speech on March 1. The Upper House voted by 42 to 25 and 4 abstentions against Milei's most-encompassing emergency Decree (DNU) 70/23 which will nonetheless remain in force pending the Lower House's decision.

  • Friday, March 15th 2024 - 13:16 UTC

    The three objectives of Argentine foreign policy, minister Diana Mondino

    Minister Mondino during the AmCham conference

    Argentine Foreign Affairs, International Trade and Worship minister, Diana Mondino said that three are the main foreign policy objectives of the government of president Javier Milei, international trade and treaties, regional integration and improving logistic costs and returning Argentina to a position of international relevance and prestige, a reliable country with a respected loud voice worldwide, in a context of clear and fair rules of the game so promote corporations from the private sector.

  • Friday, March 15th 2024 - 09:43 UTC

    Argentina: Senate gives thumbs down to Milei's DNU

    “I am not going to become Cristina Fernández de Kirchner,” Villarruel said

    Argentina's Senate Thursday voted by 42 to 25 and 4 abstentions against President Javier Milei's most-encompassing emergency Decree (DNU) 70/23 which will nonetheless remain in force pending next week's outcome at the Lower House. A positive result would keep the measure alive barring any declaration of unconstitutionality by the courts.

  • Thursday, March 14th 2024 - 19:52 UTC

    Brazil and Argentina agree on reciprocal open skies policy

    The new understanding replaces rules dating back to 1948

    The governments of Brazil and Argentina agreed this week to a reciprocal open skies policy, Itamaraty Palace sources in Brasilia confirmed. Under the new legal frame, there will be no restrictions to carriers -both passenger and cargo- to open as many routes as they wish.

  • Thursday, March 14th 2024 - 19:29 UTC

    S&P downgrades Argentina's rating in local currency

    Downgrading Argentina's foreign currency status will hinge on political developments affecting the economic policy, S&P explained

    Despite Argentine President Javier Milei's stringent measures to curb inflation, his country took another slump Wednesday after the international credit rating agency Standard & Poor's (S&P) declared it in “Selective Default” following a domestic debt swap worth some U$S 55.3 billion in pesos with local creditors.

  • Thursday, March 14th 2024 - 16:28 UTC

    Argentina: Catamarca court orders halt to lithium extraction following environmental complaint

    The resolution fully impacts on the economic interests of an extractive activity concentrated in a resource such as lithium.

    The Court of Justice in Catamarca (Northern Argentina) has issued a divided ruling ordering a suspension of mining activity in the Salar del Hombre Muerto, impacting lithium production projects. The decision stems from an environmental protection action filed by cacique Román Elías Guitian, urging a comprehensive environmental impact study before new permits are granted.

  • Thursday, March 14th 2024 - 10:59 UTC

    Rift between Milei and Villarruel goes public over DNU Senate debate

    “The Executive Branch reaffirms its unwavering commitment to the 0% deficit, leaving behind the failed recipes of the political caste,” Milei said in a tone Villarruel disapproved of

    Argentine President Javier Milei Wednesday cautioned Vice President Victoria Villarruel and a group of Senators as they were about to debate the most encompassing emergency decree (DNU) 70/2023 which liberalizes the economy but needs Parliamentarian approval (or silence) to remain in force.

  • Thursday, March 14th 2024 - 10:46 UTC

    New guidelines on use of firearms issued to tackle violence in Rosario

    Bullrich's new regulations repeal all previous ministerial resolutions and provisions regarding the use of weapons

    Argentine authorities issued a new set of guidelines regarding the use of firearms by federal law enforcement forces deployed to curb gang violence in the city of Rosario, it was reported Wednesday in Buenos Aires as the measure was to be released in Thursday's edition of the Official Gazette.