Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 29th 2025 - 00:54 UTC

Argentina

  • Thursday, December 12th 2024 - 09:23 UTC

    Argentina's Indec says inflation in November stood at 2.4%

    “Inflation in Argentina RIP,” said Presidential Spokesman Manuel Adorni

    Argentina's Consumer Price Index (CPI) went up 2.4% in November for a 166% year-on-year, the National Institute of Statistics and Census (Indec) announced Wednesday in Buenos Aires. It was the lowest figure since July 2020 when it reached 1.9%. The Libertarian Government of President Javier Milei welcomed the news: “Inflation in Argentina RIP,” said Presidential Spokesman Manuel Adorni.

  • Wednesday, December 11th 2024 - 10:55 UTC

    Milei reviews his first year in office

    Milei said his reform of the State is much stronger than the one under Carlos Menem in the 1990s

    Argentine President Javier Milei reviewed his first year in office, during which he did manage to slow down inflation, albeit at a cost. “I want to thank the ordinary Argentines who were treated as second-class citizens for decades,” he said during his broadcast message.

  • Wednesday, December 11th 2024 - 10:45 UTC

    Argentine gov't repeals ancestral land ownership claims in Patagonia

    The previous measures prevented “the free exercise of productive and recreational activities on the lands involved,” Milei's Decree underlined

    Indigenous communities in Argentine Patagonia voiced their rejection of the Federal Government's Decree 1083/2024 signed Tuesday repealing the territorial emergency in the region which entitled them to claim ancestral land ownership. “It will bring consequences that everyone will regret,” a Mapuche group warned.

  • Tuesday, December 10th 2024 - 10:55 UTC

    Peronist/Kirchnerist leaders discuss unity ahead of next year's mid-terms

    Milei needs to be stopped, the leaders agreed

    Buenos Aires Province Governor Axel Kicillof and Congressman Máximo Kirchner got together with former President Cristina Fernández de Kirchner (CFK) and former Presidential hopeful Sergio Massa at a residence in Moreno on the outskirts of the country's capital to discuss the future of Peronism / Kirchnerism vis a vis the 2025 mid-term elections. It was their first photo together after the electoral defeat against Javier Milei in 2023.

  • Monday, December 9th 2024 - 22:08 UTC

    Argentine PNA to patrol Bolivia-bordering river

    “We have also come to this area to say enough,” Bullrich insisted

    Argentine authorities have taken steps towards patrolling the Bolivia-bordering Bermejo River with Coast Guard (Prefectura Naval Argentina - PNA) units so as not to leave the neighboring country as the only one with an armed presence in the area, Security Minister Patricia Bullrich announced.

  • Monday, December 9th 2024 - 10:55 UTC

    Buenos Aires renews concern over asylum seekers in Caracas

    Buenos Aires launched an appeal to the UN and the OAS to take action in favor of the asylum seekers

    Argentine authorities expressed their concern this weekend over the well-being of the six Venezuelan opposition asylum seekers who are housed at what used to be Buenos Aires' Embassy in Caracas and is now guarded by Brazil following the diplomatic breakup.

  • Saturday, December 7th 2024 - 10:50 UTC

    Aerolíneas Argentinas and LATAM sign game-changing agreement

    LATAM and Aerolíneas together are arguably the largest alliance in South America

    Aerolíneas Argentinas and LATAM Airlines signed a key agreement for codeshare flights and reciprocity within their fidelity programs, thus resulting in arguably the largest alliance in South America. The understanding allows the sale of tickets on domestic and regional routes between both companies in addition to the accrual and redemption of miles, thus benefiting 48 million LATAM Pass members and more than 4 million Aerolíneas Plus members.

  • Saturday, December 7th 2024 - 10:46 UTC

    Argentine wheat exports reached 7.65 million tons and hopefully 12.5 million tons for 24/25 season

    Argentine wheat production forecast for 2024/25 is 18.8 million tons, even with weak prices

    Despite the drop in international prices for wheat, Argentina ended the sale of the 2023/24 season with some 7,65 million tons exported, as reported by the Rosario Board of Trade (BCR). In November alone, 540,000 tons were shipped overseas, nearly quadrupling the volume recorded during the same month a year prior.

  • Friday, December 6th 2024 - 10:23 UTC

    Argentina's BCRA lowers basic interest rate again

    The previous decrease had been announced on Nov. 1 when the TNA was lowered from 40 to 35%

    Argentina's Central Bank (BCRA) announced Thursday a reduction in the basic interest rate (Nominal Annual Rate - TNA), from 35% to 32% while one for swaps will go down from 40% to 36%. The measure is effective as of Friday and impacts all fixed-term deposits.

  • Friday, December 6th 2024 - 10:00 UTC

    Argentine Supreme Court says CFK must stand trial for AMIA bombing cover-up

    CFK is believed to have covered up for the Iranian suspects in the AMIA bombing

    Argentina's Supreme Court (CSJN) ruled Thursday that former President Cristina Fernández de Kirchner (CFK) and others should stand trial for signing a Memorandum of Understanding (MOU) with Iran, thus upholding a previous decision by a Federal Court of Appeals.