The Uruguayan version of La Libertad Avanza has successfully obtained the required signatures to be officially recognized as a political party by the Electoral Court. Led by Nicolás Quintana, the group will now have its statutes and principles published, and if no challenges are made within ten days, it will be eligible to participate in upcoming elections.
Argentina deposited its instrument of acceptance of the Agreement on Fisheries Subsidies on 22 July. Ambassador Gustavo Lunazzi presented Argentina’s instrument of acceptance to WTO Director-General Ngozi Okonjo-Iweala. Just five more acceptances are needed for the Agreement to enter into force.
Argentina has received a US$2 billion disbursement from the International Monetary Fund (IMF), a move that has boosted the country's international reserves and provided a temporary reprieve from exchange rate volatility. The funds, part of an agreement reached in April, have raised the Central Bank's reserves to over US$43 billion, the highest since early 2023.
Sales of brand new cars grew 44% yoy in July, marking the best performance since 2018. The Argentine Automobile Dealers Association (Acara) attributes this growth to economic stability, greater model availability, promotions, and attractive financing. The motorcycle market also saw significant growth, with sales increasing by 33.9% interannually to 54,060 units. The top-selling brand was Toyota, with the Yaris its most popular model.
Former Argentine President Cristina Fernández de Kirchner (CFK) was visited at the apartment where she is under house arrest by former Colombian President Ernesto Samper and former Ecuadorean National Assembly Speaker Gabriela Rivadeneira.
As the new tariffs scheme established by US President Donald Trump became effective Friday, Uruguay and Argentina were among the least affected countries, with surcharges of only 10%, a steep difference from Canada's 35% or Brazil's 50% and a default 15% surcharge unless otherwise specified.
The International Monetary Fund (IMF) has approved the first review of its agreement with Argentina, authorizing a disbursement of US$2 billion. The decision comes days after the IMF projected a 5.5% growth for the country.
Argentina's Justice Minister Mariano Cúneo Libarona is facing calls for his resignation after a video was leaked showing him offering to help former CIA agent Timothy Ballard clean up his public image. Ballard, who inspired the film Sound of Freedom, has been accused of sexual violence by former employees of his anti-trafficking organization, Operation Underground Railroad (O.U.R.).
The US government of President Donald Trump publicly demanded the release of Argentine National Border Guard Corporal Nahuel Gallo, who has been detained in Venezuela since December 8, 2024, on accusations of espionage.
US Secretary of Homeland Security Kristi Noem warned it would take about a year before holders of Argentine passports are allowed back into the United States without a visa as they were between 1996 and 2002, despite the agreements she signed Monday with President Javier Milei.