Stories for April 11th 2025

Friday, April 11th 2025 - 22:54 UTC
Argentina announces end of currency controls and introduces exchange rate band

The Argentine government announced today a sweeping overhaul of its foreign exchange regime, set to take effect on Monday, including the end of currency controls and the introduction of a managed float within a fixed exchange rate band. The move marks the beginning of what authorities are calling “Phase 3” of their economic program.
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Friday, April 11th 2025 - 19:19 UTC
Argentina: Inflation in March hits 3.7%

Argentina's Consumer Price Index (CPI) for the month of March reached 3.7%, the National Institute of Statistics and Census (Indec) reported Friday. These figures marked a sharp increase from February's 2.4% and January's 2.2%. The rise was driven primarily by higher food prices, particularly meat and vegetables, with public services also playing a role. Internannual inflation stood at 66.9% and 4.7% so far in 2025.
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Friday, April 11th 2025 - 18:32 UTC
Brazil's Communications Minister resigns, successor chosen

Federal Congressman Pedro Lucas Fernandes (União Brasil-MA) has been confirmed as Brazil's new Communications Minister, replacing Juscelino Filho, who resigned after being indicted for alleged misuse of parliamentary amendments. The announcement followed a meeting between President Luiz Inácio Lula da Silva and the new official. Lucas currently leads the União Brasil Lower House bloc and was nominated by his party for the position. He is expected to be sworn in after April 21, allowing time for administrative arrangements.
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Friday, April 11th 2025 - 10:57 UTC
Argentine prosecutor wants Iran's supreme leader arrested

Argentine Prosecutor Sebastián Basso has filed a request before Federal Judge Daniel Rafecas for an international arrest warrant against Iran's Supreme Leader Ali Khamenei for his alleged involvement in ordering the 1994 bombing of the Argentine Israeli Mutual Association (AMIA) headquarters in Buenos Aires, which killed 85 people and injured over 300.
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Friday, April 11th 2025 - 10:55 UTC
Fuegian town of Tolhuin wants British-funded radar dismantled

The City Hall of Tolhuin in the Argentine province of Tierra del Fuego -which technically includes the Malvinas (Falkland) Islands and the other British Overseas Territories claimed by the South American country- filed a tax execution lawsuit to dismantle a radar installed by the British company LeoLabs in the area, citing violations of local regulations and national sovereignty.
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Friday, April 11th 2025 - 10:27 UTC
Fate of most foreigners unknown among 221 Dominican nightclub tragedy dead

US Secretary of State Marco Rubio confirmed that at least one US national and several US legal permanent residents died in this week's Jet Set nightclub roof collapse in Santo Domingo, Dominican Republic. The tragedy, which occurred during a concert by merengue performer Rubby Pérez, claimed at least 184 lives, including prominent figures like former MLB players Octavio Dotel and Tony Blanco, as well as Monte Cristi Governor Nelsy Cruz.
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Friday, April 11th 2025 - 10:17 UTC
Argentina: CGT leader says Thursday's strike “a success”

Argentina's General Labor Confederation (CGT) leaders said Thursday's nationwide strike was a “resounding success.” It was the third such measure against President Javier Milei. CGT Joint Secretary-General Héctor Daer underscored how the Libertarian administration's “chainsaw” policies were causing a drop in people's income. In Daer's view, the Government's adjustments impact mostly retirees and vulnerable groups.
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Friday, April 11th 2025 - 10:05 UTC
Chile: Libertadores Cup match halted after two fans die

Two fans of Chilean football club Colo Colo -aged 18 and 13- died late Thursday in a stampede at Santiago's Monumental stadium during a Libertadores Cup match against Brazil's Fortaleza.
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Friday, April 11th 2025 - 08:42 UTC
US official admits no more meat to be bought from Argentina

US Secretary of Agriculture Brooke Rollins confirmed that her country would not be purchasing any more meat from Argentina in a protectionist move to preserve local production. “No more meat from Argentina,” she said during a Fox News interview.
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