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MercoPress, en Español

Montevideo, April 27th 2025 - 05:35 UTC

Argentina

  • Friday, December 15th 2023 - 10:55 UTC

    Argentina: Inflation is 1% daily, Caputo says

    Argentina needs an orthodox fiscal policy, Caputo explained

    Argentine Economy Minister Luis Toto Caputo said Thursday that inflation in his country stood already at 1% per day and insisted that measures were being taken to get out of this “financial catastrophe” through a classic orthodox stabilization plan. “We are in that process, but we are very confident,” he stressed.

  • Friday, December 15th 2023 - 10:50 UTC

    Argentine granted CAF loan to face IMF maturities

    Milei did ask for the release of a US$ 6 billion swap agreed upon with former Economy Minister Massa

    The Argentine Government of President Javier Milei has been granted a loan of nearly US$ 1 billion by the Development Bank of Latin America and the Caribbean (CAF) to face maturities with the International Monetary Fund (IMF) later this month.

  • Thursday, December 14th 2023 - 10:59 UTC

    Ties between Brazil and Argentina to remain despite ideological differences, FM says

    The bilateral relationship will continue well beyond the fact that Lula did not attend Milei's inauguration, Vieira explained

    Brazil intends to keep a good relationship with Argentina despite the ideological differences between the governments of Javier Milei and Luiz Inácio Lula da Silva, Foreign Minister Mauro Vieira told the Lower House's Foreign Affairs Committee on Wednesday.

  • Thursday, December 14th 2023 - 10:09 UTC

    Argentina: CPI 12.8% up in November and 160.9% YoY

    JP Morgan foresees a slow recovery next year

    Argentina's National Institute of Statistics and Census (Indec) released a report Wednesday stating that the Consumer Price Index (CPI) for November 2023 went up 12.% for a total of 148.2% so far this year and an interannual increase of 160.9%. November's figures represented a strong jump from October's 8.3%.

  • Thursday, December 14th 2023 - 10:01 UTC

    Milei's LLA gets to appoint 2nd in line to Casa Rosda lawmaker

    Villarruel was praised for brokering a majority vote with no help from Peronism

    President Javier Milei's La Libertad Avanza (LLA) Wednesday managed to get Senator Bartolomé Abdala from the province of San Luis elected Provisional Speaker of the Upper House. The lawmaker thus became second in line to the Casa Rosada behind Vice President Victoria Villarruel, who was praised for her political skills brokering a majority with no help from Peronism to garner 39 votes in favor of Abdala and 29 abstentions with no negative voices.

  • Wednesday, December 13th 2023 - 10:59 UTC

    Argentina: Devaluation and austerity measures announced

    “There is no money to pay for works that often end up in the pockets of politicians and businessmen,” Caputo argued

    Argentina's Economy Minister Luis Toto Caputo Tuesday admitted people would be worse off for a couple of months while announcing in a recorded message the new measures adopted by the administration of President Javier Milei to bounce back from the deep crisis.

  • Wednesday, December 13th 2023 - 10:58 UTC

    Thumbs up from the IMF to Argentina's policy changes

    Georgieva said Toto Caputo's measures were “an important step toward restoring stability and rebuilding the country's economic potential”

    After Argentina's Economy Minister Luis Toto Caputo announced Tuesday in Buenos Aires a series of measures to tackle inflation, the Communications Director of the International Monetary Fund (IMF) Julie Kozack said in a statement that “these strong initial actions aim to significantly improve public finances in a way that protects the most vulnerable in society and to strengthen the exchange rate regime.”

  • Wednesday, December 13th 2023 - 10:28 UTC

    Milei becomes first Argentine President to attend Hanukkah ceremony

    Hanukkah “marks the triumph of the few over the many,” Milei explained as he lit a candle

    While Economy Minister Luis Toto Caputo's message describing the government's next measures was aired, President Javier Milei appeared at the República Oriental del Uruguay Square in Buenos Aires for the celebration of the Jewish Hanukkah festivity.

  • Tuesday, December 12th 2023 - 10:59 UTC

    Macri favors Mercosur single currency

    Dollarization has not been too good for Ecuador, Macri argued. A Mercosur currency would be better

    Former Argentine President Mauricio Macri said in Brazil he supported the idea of a single currency for all Mercosur countries because if the bloc was “serious” it needed “the same rules and the same currency, like the eurozone.”

  • Tuesday, December 12th 2023 - 10:53 UTC

    Man arrested for throwing bottle at Milei

    Milei was unharmed in the incident but a member of his guard was hit by the object

    Buenos Aires Federal Judge Ariel Lijo issued a warrant for the arrest of a man suspected of having thrown a bottle at President Javier Milei as his motorcade in a convertible car was heading from Congress to Casa Rosada midway through the inauguration. The object ended up hurting one of the guards, it was reported.