Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, December 17th 2025 - 21:28 UTC

Argentina

  • Tuesday, February 18th 2025 - 01:04 UTC

    Milei takes full responsibility for $LIBRA scandal

    “I got a slap in the face,” Milei reckoned

    Weathering the storm against all odds, Argentine President Javier Milei blamed nobody and took full responsibility for his mistake in the so-called “cryptocurrency” scandal in which he endorsed the $LIBRA asset only to see it lose over 95% of its value in just a few hours after the head of state's posting. “I got a slap in the face,” he reckoned. It had been speculated that Milei was to blame an advisor for his or her poor judgment and then sack him or her as a scapegoat.

  • Monday, February 17th 2025 - 10:55 UTC

    Repercussions of Milei's support for cryptocurrency that vanishes

    The opposition is pushing for the President's impeachment in addition to filing criminal charges against him

    Argentine President Javier Milei is under heavy flak after praising the $LIBRA cryptocurrency token, which would boost the country's development from the private sector, only to vanish into thin air after many investors trusted in the advice of the head of State, who is also a graduate economist.

  • Monday, February 17th 2025 - 10:23 UTC

    Argentine among three hostages released by Hamas

    Yair Horn was prioritized for release given his diabetic condition

    The pro-Palestine terrorist organization Hamas released three Israeli hostages Saturday, including Yair Horn, who holds dual Argentine citizenship. Horn, 46, was captured during the Oct. 7, 2023, raid on Kibbutz Nir Oz alongside his brother Eitan Horn, who remains in captivity. Yair Horn was prioritized for release given his diabetic condition. Horn’s younger brother, 38, was visiting from his home in Kfar Saba for the holiday weekend.

  • Monday, February 17th 2025 - 09:08 UTC

    Argentine deregulation minister meets with IMF Chief in Saudi Arabia

    “I am excited about his participation in the IMF's new Advisory Council on Entrepreneurship and Growth,” Georgieva said about Sturzenegger

    Argentina's Deregulation Minister Federico Sturzenegger met Sunday in AlUla, Saudi Arabia, with International Monetary Fund (IMF) Managing Director Kristalina Georgieva. They were both attending the Conference for Emerging Market Economies.

  • Saturday, February 15th 2025 - 21:06 UTC

    Argentine President Milei promotes crypto scam, then deletes endorsement

    Milei has previously been linked to crypto scandals. In 2021, he promoted CoinX, a company later accused of operating a pyramid scheme. Its executives were arrested in 2023.

    Argentine President Javier Milei has admitted to promoting the $Libra cryptocurrency, which skyrocketed in value before crashing within hours, leaving investors with heavy losses. Milei later deleted his post and claimed he was unaware of the project’s questionable nature.

  • Saturday, February 15th 2025 - 10:59 UTC

    Argentina: Ancestral Mapuche Resistance declared a terrorist organization

    Since the measure halting evictions from what native groups claim to be their ancestral lands, wildfires have been on the rise in Patagonia, Bullrich explained

    Argentina's Libertarian Government of President Javier Milei Friday declared the Ancestral Mapuche Resistance (RAM) a Terrorist Organization, so that federal security forces can adopt the proper measures as Lonko Facundo Jones-Huala, who has served a prison sentence in Chile for arson, has been speaking in favor of setting Patagonian lands on fire.

  • Saturday, February 15th 2025 - 10:23 UTC

    Potential Argentine travelers advised not to pick Cancún as destination

    Border controls at the Mexican air terminal are getting particularly tough, two couples from Córdoba who were deported explained

    Right after US President Donald Trump upped his country's standards regarding border controls, two Argentine couples came forward this week to explain that they had been deported from Mexico after trying to spend some leisure time on the country's Caribbean beach. They also underlined they were subject to grossly harsh treatment despite having their travel papers in order.

  • Saturday, February 15th 2025 - 09:30 UTC

    Bolivarian regime keeps water from reaching former Argentine Embassy in Caracas

    The measures seek to pressure the five asylum seekers into leaving the sanctuary and face criminal charges

    Venezuelan opposition forces denounced Friday that the situation of the five asylum-seekers at what used to be Argentina's Embassy in Caracas has entered a new phase of precariousness as the delivery of drinking water was not allowed on the day it was supposed to take place.

  • Friday, February 14th 2025 - 10:37 UTC

    Argentina: Indec says January's inflation stood at 2.2%

    Milei's Libertarian government seeks to further reduce inflation through exchange rate control, wage policies, and fiscal anchors

    Argentina's inflation in January 2025 stood at 2.2%, down from 2.7% in December, the National Institute of Statistics and Census (Indec) said in a report released Thursday, which also showed yoy values of 84.5%. January's was the lowest Consumer Price Index (CPI) since July 2020 - 1.9% amid the Covid-19 pandemic - and also the best under Javier Milei, who took office on Dec. 10, 2023. The President's best previous CPI was in November 2024 at 2.4%.

  • Friday, February 14th 2025 - 10:30 UTC

    CFK appeals her conviction for corruption

    While CFK seeks her acquittal, the prosecution would like her 6-year sentence doubled

    Former Argentine President Cristina Fernández de Kirchner (CFK) Thursday filed an appeal to have her six-year prison sentence and lifelong disenfranchisement overturned. On the other side, the prosecution requested her sentence be upped to 12 years, citing illicit association in the “Vialidad” scandal regarding road works in the province of Santa Cruz.