Brazil's main financial and business publication, Valor Economico is forecasting that bilateral trade with Argentina is expected to fall in 2024, based on the recent measures announced by the government of president Javier Milei. In the eleven months of 2023, bilateral trade between Argentina and Brazil reached US$ 27 billion, with Brazilian exports totaling US$ 17bn, and Argentina US$ 11bn.
At least 13 people were reported dead in the city port of Bahía Blanca some 690 kilometers south of the Argentine capital and three others elsewhere in the province of Buenos Aires after Sunday's storms. Parts of the Buenos Aires Metropolitan Area (AMBA), where one victim was reported, and other provinces were left without electricity for hours.
Following the disruption caused by last weekend's storms to the country's grid, Argentina will import electricity from Brazil on a transitory basis, it was reported Sunday, in addition to other emergency measures adopted to face the crisis and restore supply in parts of the Autonomous City of Buenos Aires (CAMA) and its Metropolitan Area (AMBA).
Argentine President Javier Milei was jeered and called names Sunday when he cast his vote for Andrés Ibarra for president of Club Atlético Boca Juniors at the iconic Bombonera stadium in Buenos Aires before leaving for the storm-hit Bahía Blanca.
Argentine foreign minister, Diana Mondino has named Paola Di Chiaro, an academic with a political science background, involved with domestic maritime think tank issues, and linked to German Christian Democrat foundation Konrad Adenauer, as the new head of the Malvinas Islands Secretariat.
The Argentine company Tlon Space S.A. has been reported to be involved in Uruguay's plans to build an aerospace launch platform on the coast of Rocha to send small satellites into space to collect images.
Inter-American Development Bank (IDB) President Ilan Goldfajn said his entity has supported Argentina for many years and decades and will continue to do so after President Javier Milei's administration adopted a series of measures he found to be strong.
According to Buenos Aires media, one of the Hamas hostages Israel mistakenly killed had Argentine roots.
Argentine President Javier Milei Friday released a live broadcast through his Instagram account explaining that The effort that falls on the private sector is transitory. The head of state added his administration was focused on avoiding hyperinflation.
Argentina's Presidential Spokesman Manuel Adorni Friday confirmed his country was going through hyperinflation since the 1% daily rate mentioned earlier this week by Economy Minister Luis Toto Caputo would result in a 3,678% per annum.