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MercoPress, en Español

Montevideo, May 30th 2025 - 16:46 UTC

Argentina

  • Tuesday, April 8th 2025 - 18:57 UTC

    García-Mansilla resigns from Argentine Supreme Court after 39 days

    García-Mansilla was the victim of his own words after speaking in 2015 against Supreme Court appointments without the Senate's nod

    Law Professor Manuel García-Mansilla resigned from Argentina’s Supreme Court of Justice on Monday after just 39 days on his bench, following the Senate’s rejection of his nomination (51 against, 20 in favor), in addition to a controversial ruling from a lower court barring him from signing resolutions.

  • Tuesday, April 8th 2025 - 09:17 UTC

    Economists forecast Argentina's inflation to near 3%

    The REM did not include recent shakeups from Trump's tariffs

    Argentina's Central Bank's (BCRA) issue of the Market Expectations Outlook (Relevamiento de Expectativas del Mercado - REM) released Monday with data collected between March 27 and 31 among 39 experts raised the inflation forecast for last month to 2.6% from the previous 2.2%, which would represent an acceleration from January’s 2.2% and February’s 2.4%.

  • Tuesday, April 8th 2025 - 08:05 UTC

    Nobody interested in modernizing key bridge linking Argentina and Brazil

    The bridge handles 23% of the trade between Argentina and Brazil

    Brazilian authorities canceled the auction for the São Borja-Santo Tomé International Bridge due to a lack of bidders. The project -requiring a US$ 99 million investment over 25 years- sought to modernize the 15.62-kilometer structure with upgrades like new access lanes, parking areas, and improved lighting.

  • Monday, April 7th 2025 - 10:45 UTC

    Iran sacks VP over luxurious Patagonian cruise ship trip

    The sacked official claimed the luxurious Patagonian cruise trip stemmed from before holding public office

    Iranian President Masud Pezeshkian Saturday sacked Vice President Shahram Dabiri after a photo surfaced on Instagram of the latter and his wife on a luxurious trip to Antarctica aboard the cruise ship Plancius. An eight-day trip on that ship can cost around US$ 4,000 per person, it was reported.

  • Saturday, April 5th 2025 - 10:30 UTC

    Argentine financial markets record setback after Milei's failed mission

    With Milei's political backing on a slide, signs from Washington further deepened the president's plight

    Argentine financial markets experienced a sharp decline Friday amid the global economic storm triggered by a trade war between the U.S. and China following President Donald Trump’s tariffs spree. The market downturn, compounded by a nearly 7% drop in oil prices and a 10-year U.S. rate at 3.87%, reflects fears of a global economic setback, prompting expectations of Federal Reserve rate cuts.

  • Saturday, April 5th 2025 - 09:12 UTC

    Macri distances himself from Milei

    We have not been able to make Milei understand the importance of institutionality, Macri underlined

    Former Argentine President Mauricio Macri (2015-2019), whose support was pivotal in the 2023 runoff between Javier Milei and Sergio Massa, further distanced himself Friday from the Libertarian administration during his appearance at the Latin Annual Meeting in Punta del Este, Uruguay.

  • Friday, April 4th 2025 - 10:55 UTC

    Treason charges filed against Milei for April 2 speech

    Milei was said to have dropped Argentina’s sovereignty claims over the Falklands/Malvinas Islands

    Argentina's National Confederation of Malvinas Combatants filed a criminal complaint against President Javier Milei for treason, violation of public official duties, and abuse of authority. The case is to be heard by Buenos Aires City Federal Court # 2 under Judge Sebastián Ramos.

  • Friday, April 4th 2025 - 09:47 UTC

    Milei says negotiations for zero tariffs with US under way

    Argentina will comply with Trump's requirements for reciprocal tariffs, Milei underlined

    Argentine President Javier Milei said during a Conservative event in Florida that his country was negotiating with Donald Trump's administration a zero-tariff deal on approximately 50 export products, aiming for a potential Free Trade Agreement (FTA) shortly. Milei's remarks came after the Republican leader slapped a 10% tariff on all Argentine goods as part of a broader protectionist policy.

  • Friday, April 4th 2025 - 08:35 UTC

    Argentine Senate gives thumbs down to Milei's Supreme Court nominees

    García-Mansilla must now decide whether to stay until Nov. 30 or pack up

    Argentina's Upper House Thursday gave its thumbs down to the two candidates President Javier Milei had nominated to fill vacancies on the Supreme Court (CSJN). While Manuel García-Mansilla has already been sworn in for the duration of the current Legislature as per a presidential decree, Ariel Lijo chose not to follow suit because he was not granted unpaid leave as the magistrate in charge of the Buenos Aires City Federal Court # 4.

  • Thursday, April 3rd 2025 - 10:30 UTC

    Milei promotes war veterans to reserve second lieutenants

    “The first step to advance our demands is to honor those who have historically fought and given their lives for them,” Casa Rosada argued in a statement

    Argentine President Javier Milei signed a decree promoting combatants in the 1982 Falklands/Malvinas War who wished to enlist as reserve officers -known as “aspiring reserve officers” or AOR- to the rank of Second Lieutenant.