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MercoPress, en Español

Montevideo, May 3rd 2024 - 02:03 UTC

Argentina

  • Wednesday, March 13th 2024 - 10:29 UTC

    Argentina: Inflation in February reaches 13.2%, according to Indec

    Prices went up above inflation projections, Adorni said in a press conference. Retailers foresaw a catastrophe that did not happen, he added

    According to a report from Argentina's National Institute of Statistics and Census (Indec) released Tuesday in Buenos Aires, the South American country's Consumer Price Index (CPI) went up 13.2% in February of 2024 for a yoy total of 276% amid notorious declines in industry, construction, and consumption.

  • Wednesday, March 13th 2024 - 06:55 UTC

    New private port for grains trade along the Paraná

    Apparently the town of Timbues, some 50 km north of the city of Rosario has been the place chosen for the private port with an investment of some US$ 550 million

    The administration of Argentine president Javier Milei announced last week plans for a US$550 million investment to build a new port in the Rosario region, the country's major grains and oilseeds hub.

  • Tuesday, March 12th 2024 - 21:42 UTC

    Venezuela blocks Argentine aircraft from its airspace in retaliation for cargo plane seizure

    In response to Argentina's actions, Venezuelan Foreign Minister criticized the “neo-Nazi government” of Argentina and accused it of piracy and robbery against Venezuela.

    Venezuela has announced the closure of its airspace to aircraft originating from or bound for Argentina, following the seizure of a cargo plane that was subsequently handed over to U.S. authorities. Venezuelan Foreign Minister Yván Gil declared, “Venezuela exercises full sovereignty in its airspace,” vowing that “no aircraft” from Argentina will be permitted to fly over Venezuelan territory until compensation is provided for damages caused by the seizure.

  • Tuesday, March 12th 2024 - 19:03 UTC

    Heavy storm leaves one dead, downs trees, and disrupts flights in Buenos Aires

    The SMN foresees more thunderstorms for the remainder of Tuesday and Wednesday

    The Autonomous City of Buenos Aires (CABA) and parts of the metropolitan areas around it which together make up the so-called AMBA were hit by heavy rains on Tuesday morning- One person was found dead in the Lanús area, five blocks from the CABA limits as residents coped with an orange alert from the National Meteorological Service (SMN) warning of possible thunderstorms and occasional hail.

  • Tuesday, March 12th 2024 - 11:15 UTC

    Argentine Foreign Ministry summons British Ambassador over South Atlantic moves

    Hayes met with Deputy Foreign Minister Sahores and other officials but not with Mondino

    The Argentine Foreign Ministry summoned British Ambassador Kirsty Hayes to express the “concern” of the government of President Javier Milei over recent unilateral actions taken by the United Kingdom in the South Atlantic, including Foreign Secretary David Cameron's recent visit to the Falkland/Malvinas Islands and London's announcement to expand the Marine Protected Area.

  • Tuesday, March 12th 2024 - 11:05 UTC

    Milei sacks official responsible for outrageous pay hike

    Yasín (right) learned about his dismissal from Milei's statement during a TV interview

    Argentine President Javier Milei Monday sacked Labor Secretary Omar Yasín following the scandal whereby a 48% pay hike decreed for Casa Rosada staffers ended up impacting the salaries of the head of state and all cabinet members. “He made a mistake he should not have made,” Milei argued about the lawyer stemming from the ranks of former President Mauricio Macri's PRO.

  • Tuesday, March 12th 2024 - 10:26 UTC

    Argentina's Central Bank lowers interest rate

    These initiatives are aimed at increasing liquidity and controlling inflation

    Argentina's Central Bank Monday lowered the annual interest rate from 110% to 80% “to strengthen the national economy and improve liquidity in the financial market,” it was reported in Buenos Aires. In addition, it was left up to each bank to decide on the minimum rate for fixed-term deposits.

  • Monday, March 11th 2024 - 11:32 UTC

    Milei caught red-handed “increasing” his own salary by 48%

    Congresswoman Victoria Tolosa Paz broke out the new chapter in the political caste saga

    Just a few days after ordering Lower House Speaker Martín Menem to reverse his decision together with Vice President Victoria Villarruel to increase the wages of lawmakers by around 30%, Argentine President Javier Milei was forced to announce that he would do the same regarding a pay hike of around 48% he had decreed for himself and the members of his cabinet, it was reported in Buenos Aires during the weekend.

  • Monday, March 11th 2024 - 10:58 UTC

    Argentine Coast Guard charges for air rescue of South Korean fisherman

    The rescue operation took place over a week ago some 261 nautical miles from the city of Puerto Madryn, outside the Argentine EEZ

    A crew member from a South Korean vessel operating in the South Atlantic was air-evacuated by the Argentine Coast Guard and hospitalized in Trelew following an emergency case of appendicitis.

  • Monday, March 11th 2024 - 10:56 UTC

    US to help Argentina handle the Paraná Waterway

    Ambassador Stanley, Benvenuto, González Botto, and McConnell signed the document

    Argentine authorities signed a memorandum of understanding (MOU) with the United States whereby the latter's Army Corps of Engineers would get involved in maintenance duties along the Paraná-Paraguay River Waterway, it was reported. US Ambassador to Buenos Aires Marc Stanley was present at the ceremony involving the Argentine agency managing the waterway and the General Ports Administration (AGP).