
Brazil is deeply concerned with the declining trade export volumes to Argentina, which while last year expanded 8,9% in the first four months of 2024 have fallen 29,9%, and experts wonder if the Mercosur partner finally recovers from its current recession, will it continue on trusting a bilateral relation or appeal to China, US, or Europe.

Rumors are mounting in Buenos Aires that Cabinet Chief Nicolás Posse's remaining days in office are numbered and that his exit is already a matter of when and not of if, despite the Libertarian Government of President Javier Milei repeatedly denying the possibility. Posse did not attend Milei's rock star event this week and would not be traveling to Córdoba for Saturday's main May 25 national holiday celebrations.

Protesting teachers in the Argentine city of Posadas tried to break into Misiones' provincial legislators Thursday but were dispersed and pepper-sprayed by the police. Reporters covering the incidents also needed medical attention for irritated eyes.

Argentine President Javier Milei took center stage Wednesday at Buenos Aires' iconic Luna Park stadium to booth launch his latest book and sing a song from the local band La Renga. The unusual move was supported by his die-hard teenage followers and criticized by the rest of society going through an economic crisis that reminds older people of 1989 and 2001.

The blue version (a euphemism for black market) of the US dollar against the Argentine peso was still going up Wednesday as President Javier Milei was planning to make his first appearance as the leader of a rock band at Buenos Aires' iconic Luna Park stadium. According to local media, one US dollar was quoted at AR$ 1,235 / 1,255 (buy sell at Buenos Aires' caves (unofficial money exchange parlors), which represented an AR$ 25 increase from the previous day for a 41% gap with the official rate.

The Northeastern Argentine province of Misiones has been virtually paralyzed for five consecutive days as workers from various walks of life are on strike in demand of inflation-matching wage hikes.

The Government of Spain announced Tuesday that it would be pulling Ambassador María Jesús Alonso Jiménez from Buenos Aires on a permanent basis after Argentine President Javier Milei's derogatory comments about Prime Minister Pedro Sánchez during the weekend in Madrid.

By Oliver Pieper - The free trade deal between the European Union and the South American trade bloc Mercosur could become the world's largest agreement, involving a market of a total of 780 million people. But in late March, French President Emmanuel Macron not only described it as “a very bad agreement,” he even suggested it should be “left behind” and called for “a new agreement.”

Argentine President Javier Milei insisted on questioning Spanish Prime Minister Pedro Sánchez's wife's clear sheet and triggered yet another diplomatic controversy for the South American country since he took office on Dec. 10, 2023.

The two latest assessment reports from the Argentine National Research and Development Fisheries Institute, INIDEP, presented to the National Fisheries Council point out that the Argentine Illex Squid stock conditions are most abundant and anticipate a great catch season.