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MercoPress, en Español

Montevideo, April 28th 2025 - 01:31 UTC

Argentina

  • Tuesday, April 1st 2025 - 19:55 UTC

    April 2 Malvinas Day to further showcase rift in Argentine gov't

    Villarruel has a separate agenda from that of the President, Malvinas or otherwise

    The April 2 Malvinas War Veteran's Day holiday will showcase the rift in the Argentine Government much more than it would highlight any question of sovereignty and patriotism. While President Javier Milei will head the ceremony in the Buenos Aires district of Retiro, where a cenotaph remembers thhose fallen in the 1982 conflict, Vice President Victoria Villarruel -who was not invited- is to attend an event in Ushuaia to join a group of former combatants, which her late father also was.

  • Tuesday, April 1st 2025 - 19:53 UTC

    Argentina starts pumping gas to Brazil through Bolivia

    Dorgathen said the gas no longer exported to Argentina will go to Brazil, where prices are “more competitive” and in greater demand

    Argentina began exporting natural gas to Brazil for the first time through the infrastructure of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), it was reported Tuesday.

  • Tuesday, April 1st 2025 - 10:52 UTC

    Milei celebrates official figures showing a decline in poverty

    “The drop in the number of poor people is more than ten million,” Milei noted

    Argentine President Javier Milei Monday boasted his administration's achievement of lowering poverty from 52.9% in the first semester of 2024 to 38.1% by the end of the year, compared to 41.7% at the end of 2023. Indigence (extreme poverty) also decreased to 8.2% from higher levels earlier in the year, according to a report released Monday by the National Institute of Statistics and Census (Indec).

  • Monday, March 31st 2025 - 23:34 UTC

    Argentina uncovers international human trafficking ring linked to Montenegrin Cult

    The group demanded total obedience from its followers, stripping them of their possessions and feeding them only leftover food after the leader and senior members had eaten

    Argentine authorities have dismantled a human trafficking operation tied to a Montenegrin cult, arresting 14 people — including its alleged leader — in Bariloche and Buenos Aires airports. The case came to light when a visibly malnourished young pregnant woman, accompanied by controlling companions, raised suspicions during routine medical check-ups at a local hospital.

  • Saturday, March 29th 2025 - 10:39 UTC

    No place for “chainsaw” policies in Chile, says Boric

    Boric highlighted his difference with the Argentine government and the Chilean opposition

    Chilean President Gabriel Boric Font, speaking at the Inter-American Development Bank (IDB) annual meeting in Santiago Friday, underlined the importance of long-term projects and institutional stability over short-term, drastic reforms like the ones implemented by his Argentine colleague Javier Milei, whom he was obviously referring to, since he used the Libertarian's “chainsaw” war cry, which US Department of Government Efficiency Chief Elon Musk has also echoed.

  • Saturday, March 29th 2025 - 10:23 UTC

    Argentina: Skyrocketing food prices threaten gov't inflationary targets

    It is highly unlikely that Milei's administration can record a 2% inflation in March with food prices going up as they are

    Argentina is experiencing a sharp increase in food prices, complicating the government's goal of keeping inflation close to 2%. Private consulting firms report that food prices rose by approximately 3.2% to 4% so far this month, with total inflation projected to be between 2.4% and 3%. Key drivers include dairy and eggs (up 5.8%), meat (up 5%), vegetables (up 3.3%), and beverages (up 2.2%).

  • Friday, March 28th 2025 - 23:40 UTC

    Italy tightens citizenship rules to curb 'commercialization'

    The decision comes amid a surge in citizenship applications. According to Tajani, the number of Italians abroad has increased by 40% in the past decade—from 4.6 million to 6.4 million.

    Italy’s government has approved a reform to restrict automatic citizenship by descent, citing concerns over the growing number of requests—especially from Latin America—and what officials described as the “commercialization” of Italian nationality.

  • Friday, March 28th 2025 - 10:33 UTC

    Argentina secures $20B IMF deal, aims to boost Central Bank reserves to $50B

    Milei said there would be no devaluation because the problem is the lack of pesos, not the lack of dollars

    Argentina’s Economy Minister Luis Toto Caputo announced Thursday that the loan negotiated with the International Monetary Fund (IMF) amounts to US$ 20 billion disbursement from the IMF, which, in addition to further borrowing from the Interamerican Development Bank (IDB), the World Bank, and the CAF would leave the Central Bank's (BCRA) reserves around US$50 billion.

  • Thursday, March 27th 2025 - 10:21 UTC

    Scufffles between retirees and law enforcement officers reported in Buenos Aires

    The situation keeps heating up as leftwing organizations and unions seek to capitalize on demonstrations that have been going on for years

    Clashes between law enforcement officers and demonstrators during Wednesday's traditional protest by Argentine retirees in Buenos Aires demanding better wages and medical coverage were recorded once again this week as unions and leftwing organizations tried to block a street, thus triggering Security Minister Patricia Bullrich's anti-picket protocol, which resulted in senior citizens, a girl and a photographer pepper-sprayed as authorities sought to keep traffic flowing.

  • Wednesday, March 26th 2025 - 12:16 UTC

    Argentina's case before the IMF advancing rapidly

    The IMF would not be so keen on letting the BCRA step in at will to keep doown the US dollar exchange rate

    According to International Monetary Fund (IMF) sources, negotiations with Argentina are in an advanced stage after a meeting between the credit agency's board of directors and technical staff on Tuesday. Further details are expected to be announced at a press conference on Thursday by IMF Spokeswoman Julie Kozack.