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MercoPress, en Español

Montevideo, April 28th 2025 - 10:14 UTC

Argentina

  • Friday, March 21st 2025 - 09:33 UTC

    Argentina's main labor union announces nationwide strike for April 10

    The CGT will also march before Congress the day before alongside retirees seeking pension updates to cope with inflation

    Argentina's General Labor Confederation (CGT) announced on Thursday a nationwide strike against the Libertarian Government of President Javier Milei, which will be staged on April 10, following a demonstration the previous day. It will be the third such measure against the current administration after stoppages on Jan. 24 and May 9, 2024.

  • Friday, March 21st 2025 - 09:32 UTC

    Argentina: Indec finds unemployment on the rise

    The lagging dollar has economic activities stagnating. Milei desperately needs a new loan from the IMF to boost the economy

    Unemployment in Argentina in the last quarter of 2024 rose to 6.4%, up 0.7 points from 5.7% in Q4 2023, but down 0.5 points from Q3 2024 (6.9%), the National Institute of Statistics and Census (Indec) said in a report released Thursday. Joblessness was higher in the Greater Buenos Aires area (7.1%) and lower in Patagonia (4%) while more women (6.9%) than men (6.1%) were going through that plight.

  • Thursday, March 20th 2025 - 10:51 UTC

    Argentina's Lower House greenlights Milei's IMF emergency decree

    Most lawmakers “understood the mandate of the ballot boxes,” Casa Rosada said after the outcome

    Argentina's Lower House Wednesday gave its nod to President Javier Milei's Emergency Decree (DNU) clearing the way for further borrowing from the International Monetary Fund (IMF) to reinforce Central Bank reserves and manage debt by 129 votes in favor, 108 against, and 6 abstentions with endorsements from the ruling La Libertad Avanza (LLA) as well as other parties, such as PRO, UCR, Coalición Cívica, Innovación Federal, Producción y Trabajo, and a group of Encuentro Federal lawmakers. Opposition came primarily from the Peronist Unión por la Patria (UxP), leftwing groups, and other minor factions.

  • Wednesday, March 19th 2025 - 19:09 UTC

    Milei halts scheduled trip to Israel

    Milei was visited at Casa Rosada by Israel's Ambassador Eyal Sela (L) and World Holocaust Remembrance Center and International Holocaust Remembrance Alliance President Dani Dayan (R)

    Argentine President Javier Milei announced Wednesday that he suspended his planned trip to Israel this coming weekend. Although no specific reason was given, it is speculated that the resumption of hostilities against the terrorist group Hamas coupled with various domestic challenges tipped the scale in this direction.

  • Wednesday, March 19th 2025 - 10:55 UTC

    Peronists oppose Milei's intention to take another loan from the IMF

    Milei's DNU circumvented his duty to have Congress approve indebting the country, the PJ argued

    Argentina's Justicialist [Peronist] Party (PJ) led by former President Cristina Fernández de Kirchner (CFK) Tuesday expressed its rejection of President Javier Milei's Emergency Decree (DNU) 179/25 clearing the way for further borrowing from the International Monetary Fund (IMF) with no Congressional approval. The PJ deemed the initiative “illegitimate” and unconstitutional on the grounds that it violated Law 27.612, which requires the Executive to submit full IMF agreement details to Congress, and Article 75 of the National Constitution, which assigns Congress the authority to manage national debt.

  • Tuesday, March 18th 2025 - 18:37 UTC

    Buenos Aires City and Province measles cases trigger joint gov't response

    “We must raise our guard and vaccinate all the people who should be vaccinated,” Quirós said

    Following the confirmation of 11 measles cases, 7 in Buenos Aires City and 4 in Buenos Aires province, Argentina's Health Ministry launched a “focused vaccination strategy” targeting high-risk areas, particularly the Buenos Aires Metropolitan Area (AMBA). Measles, a highly contagious and potentially deadly viral disease, primarily affects young children and immunocompromised individuals, with vaccination as the only prevention method.

  • Tuesday, March 18th 2025 - 10:44 UTC

    Milei holds phone conversation with Zelensky

    Milei's Argentina adopted a change in foreign policy to align with Trump, who called Zelensky a dictator

    Argentine President Javier Milei Monday held a “warm” phone conversation with his Ukrainian counterpart Volodymyr Zelensky to discuss bilateral relations and the peace process with Russia. The South American leader thanked Zelensky for his solidarity and condolences following the floods in Bahía Blanca for which the latter also offered to help. “Ukraine is ready to help Argentina to protect lives and provide the necessary assistance,” Zelensky wrote on X.

  • Monday, March 17th 2025 - 10:58 UTC

    Massa wants to build an alternative to set limits to Milei

    “We have to look for common sense, put the best of us to build unity,” Massa stressed

    Former presidential candidate Sergio Massa made a public reappearance this weekend after months of keeping a low profile following his electoral defeat during a Frente Renovador convention in Buenos Aires. In his speech, he emphasized the importance of setting aside internal differences in search of “building an alternative that sets limits to the current government,” predicting victories in upcoming elections, including in the Autonomous City of Buenos Aires (CABA) and in the Province of Buenos Aires, with which the opposition would boost its parliamentary presence.

  • Monday, March 17th 2025 - 10:22 UTC

    Argentine inflation projected to bounce back this month

    A sharp drop in consumption amid uncertainties regarding a possible understanding with the IMF discourages experts from issuing optimistic projections

    After Argentina's National Institute of Statistics and Census (Inec) announced Friday that the National Consumer Price Index (IPC) in February reached 2.4%, analysts in Buenos Aires foresee it to show another acceleration in March, potentially exceeding February's core inflation rate of 2.9%.

  • Monday, March 17th 2025 - 09:04 UTC

    Argentina's “miracle” on hold, says WSJ

    With the mid-term elections in October, any progress will remain on standby for at least half a year, the WSJ foresaw

    According to The Wall Street Journal, Argentina's economic recovery under President Javier Milei is on hold after the Libertarian Government's 2fragile” achievements have investors cautious, awaiting clearer long-term strategies.