
Argentine President Javier Milei met on Friday in Buenos Aires with Jamie Dimon, the CEO of JPMorgan Chase, at a dinner hosted by the bank at the National Museum of Decorative Art, in a high-stakes gathering focused on securing international financial assistance.
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A major financial shortfall has been reported at Chilean diplomatic missions in Argentina, with multiple consulates struggling to cover basic operating expenses, according to a communication sent from the Chilean Embassy in Buenos Aires to the Foreign Ministry in Santiago.
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President Javier Milei has named current Secretary of Finance Pablo Quirno as Argentina's next Foreign Minister, replacing Gerardo Werthein, the Office of the President (OPRA) confirmed in a statement on Thursday. The appointment, effective Monday, October 27, follows Werthein's resignation the day prior.
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Presidents Luiz Inácio Lula da Silva of Brazil and Prabowo Subianto of Indonesia released a joint communiqué on Thursday in Jakarta, describing the progress of the strategic partnership between the two countries. The document also addresses cooperation at both the regional and multilateral levels.
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The Argentine financial market saw significant intervention by both the Argentine Central Bank (BCRA) and the US Treasury on Tuesday to prevent the wholesale dollar from piercing the ceiling of its official exchange band of AR$1,491. The BCRA sold US$45.5 million in reserves to cap the price.
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US President Donald Trump replied to farmers from his country by defending his support for Argentina's Javier Milei through substantial financial aid. Argentina is “fighting for its life,” people are “dying,” and the South American nation needs help “to survive in a free world,” insisted the Republican leader.
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The United States and Argentina formalized a US$20 billion currency swap agreement just days before Argentina's national legislative elections next Sunday.
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US President Donald Trump confirmed on Sunday that the US was preparing to announce significant tariffs on Colombia, following the Republican leader's decision to suspend financial aid to the South American country due to its alleged inaction in the fight against drug trafficking
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The International Monetary Fund (IMF) Fiscal Monitor report warned that global public debt was nearing a historic high, projected to exceed 100% of Gross Domestic Product (GDP) by 2029. In Latin America, the report identified Brazil, Argentina, and Uruguay as the countries with the highest levels of debt.
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Waning retail sales in Argentina, even in the wake of Sunday's Mother's Day celebrations, reflected the country's ongoing crisis just one week before the Oct. 26 midterms, according to a survey conducted by the Argentine Confederation of Medium-Sized Enterprises (CAME).
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