A massive gold reserve exceeding 11 million ounces was discovered in the Argentine province of Salta, at the Lindero project, 260 km from the territory's capital. Initially targeted for copper, the site revealed a deposit with 84 million tons of material at 0.6 grams per ton, making it one of South America’s most significant finds. The project, leveraging existing infrastructure, is driving economic growth through job creation, construction, and logistics.
Argentine nationalist sectors are concerned that US Southern Command (SOUTHCOM) Chief Admiral Alvin Holsey's recent visit could signal the beginning of a sovereignty handover to Washington, which President Javier Milei is believed to favor.
The China Zorrilla, the world’s largest 100% electric ferry, was launched on May 2, 2025, at Incat’s shipyard in Hobart, Tasmania, Australia. Commissioned by Buquebus, the 130-meter vessel will connect Argentina and Uruguay across the River Plate, carrying up to 2,100 passengers and 225 vehicles. The vessel is due in Uruguay in the last quarter of 2025. It was the ninth unit Incat has built for Buquebus.
Last Friday, 2nd May Argentina held a remembrance ceremony of the sinking of ARA General Belgrano, which was the largest single loss of lives during the Falkland Islands conflict of 1982.The ceremony took place at the Puerto Belgrano Naval Base headed by Defense minister Luis Petri and all the commanders of the Argentine armed forces three services.
Foreign Ministers of the Southern Common Market (Mercosur)—namely Argentina, Bolivia, Brazil, Paraguay, and Uruguay—gathered Friday in Buenos Aires at the San Martín Palace to advance regional integration amid global trade changes. They focused on eliminating intra-zone trade barriers, strengthening regional value chains, harmonizing regulations, and enhancing physical and digital integration.
The World Bank (WB) Friday approved a US$ 230 million loan for Argentina to enhance job creation and training, supporting the Promoting Employment and Back to Work programs. This financing, part of a US$ 12 billion three-year package following Argentina’s International Monetary Fund (IMF) agreement, aims to benefit over 800,000 unemployed individuals through training, job search services, and socio-labor skill certification, it was explained.
A 7.4-magnitude earthquake on the Richter scale struck the Drake Passage Friday, triggering a tsunami warning for Chile's Magallanes region and Antarctic Territory. Chile and neighboring Argentina carried out preventive evacuations, relocating thousands from coastal areas. Shortly after, a stronger 7.5-magnitude quake hit Puerto Williams, followed by a 6.1 aftershock in the Strait of Magellan. Chilean authorities later downgraded the tsunami alert but suspended maritime activities. No injuries or damages were reported, and both countries continue to monitor the situation, urging residents to remain in safe zones.
Argentine President Javier Milei launched a fierce attack on the press via social media, defending his advisor Santiago Caputo, who intimidated a Tiempo Argentino photographer during a Buenos Aires City electoral debate.
Former Argentine President Cristina Fernández de Kirchner (CFK) Thursday issued a Workers' Day message on X, criticizing President Javier Milei’s government for eroding labor rights and reducing wages to 2001 levels. CFK pointed out the declared intention of Milei's government to continue sweeping away rights and called on to remain united in the defense of the right to a dignified life, with work as a tool for progress.
Bolivia's General Directorate of Civil Aeronautics (DGAC) has authorized three new airlines to operate in the country: Argentina's budget carrier Flybondi for international routes, and local companies Andina Airlines and Go Airline for domestic flights. Flybondi has completed all required phases and is awaiting itinerary approval based on fleet availability. Andina Airlines is still in the certification process, while Go Airlines is in an earlier stage. Additionally, Arajet from the Dominican Republic is nearing authorization, only lacking the final demonstration phase.