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Montevideo, June 9th 2025 - 11:14 UTC

Argentina

  • Thursday, May 18th 2023 - 11:49 UTC

    Javier Milei's Presidential Platform: Privatization, Gun Rights, and Immigration Restrictions

    Milei's proposals do shake up the political spectrum in Argentina

    Controversial Libertarian Deputy Javier Milei pledged to sell off all of the State's assets, legalize the free carrying of weapons, privatize the health system, impose cuts in pension expenses, eliminate the compulsory nature of sex education in schools, and restrict the entry of foreigners, among other ideas if he is elected President of Argentina.

  • Wednesday, May 17th 2023 - 10:31 UTC

    Argentine researchers announce discovery regarding ibuprofen production

    Thanks to biotechnology these microorganisms are also used in the manufacture of chemical and pharmaceutical products

    A team of researchers from the Center for Plant Protein Research (CIProVe) and the Center for Research and Development in Applied Sciences Dr. Jorge J. Ronco (Cindeca), both from the School of Exact Sciences of the National University of La Plata (UNLP) announced that the fungus Candida antarctica has a series of properties that make the manufacture of Ibuprofen more efficient, Diario Hoy reported.

  • Tuesday, May 16th 2023 - 10:59 UTC

    Argentina: “Blue” dollar goes back up after Massa's new measures

    The unofficial dollar reached AR$ 483 on Monday after Sunday's announcements

    As Argentina raised the interest rate to 97% and adopted other measures such as the opening of food imports to control inflation while at the same time further restricting people's access to foreign currency, the “Blue” (a euphemism for “black market”) dollar rose again Monday to AR$ 483, it was reported in Buenos Aires.

  • Monday, May 15th 2023 - 10:49 UTC

    Three governors reelected in Argentina

    Melella was reelected as governor of Tierra del Fuego

    The governors of the Argentine provinces of La Pampa, Salta, and Tierra del Fuego were reelected Sunday. Meanwhile and following a Federal Supreme Court ruling, San Juan and Tucumán had to postpone their gubernatorial elections, but the former voted for local authorities anyway, while the latter adjourned the process altogether.

  • Monday, May 15th 2023 - 10:38 UTC

    Argentina to import food to curb price hikes

    Food accounted for much of the inflation the Argentine government is unable to control

    Argentine authorities Sunday announced a set of measures to tackle inflation, which include more active involvement in the foreign exchange market. But the most striking of them all was the opening of food imports at zero tariffs to hit local producers who over-benefitted from protectionism.

  • Saturday, May 13th 2023 - 10:58 UTC

    Argentina: April's monthly inflation set at 8.4%

    Prices go up “just in case,” President Fernández explained before the Indec announced April's results

    Argentina's National Institute of Statistics and Census (Indec) Friday announced that inflation for the month of April of 2023 was 8.4%, way above all projections. Interannually, the Consumer Price Index (CPI) reached 108.8% and the accumulated variation in the first four months of the year was 32%. It is the highest monthly inflation since April 2002 (10.4%) and the highest year-on-year figure since 1991. Since Alberto Fernández took office in December 2019, prices increased 448%.

  • Saturday, May 13th 2023 - 10:31 UTC

    Lithium exporters announce huge merger in Argentina

    Allkem shareholders will own approximately 56% and Livent shareholders will own approximately 44% of NewCo, it was announced

    Argentina's two only lithium exporters -Allkem (Australia) and Livent (LTHM)- have announced a multi-billion dollar merger. The companies operating in Catamarca and Jujuy will launch a new company valued at US$10.6 billion, it was reported.

  • Friday, May 12th 2023 - 11:15 UTC

    Incumbent governor expected to repeat on Sunday's Tierra del Fuego election

    Tierra del Fuego public opinion polls indicate that current governor Gustavo Melella and his Deputy Monica Urquiza are expected to repeat with an approval rating close to 59%.

    Next Sunday the Argentine extreme southern province of Tierra del Fuego will be elected Governor, Deputy Governor, 23 provincial lawmakers, three mayors, and eight city councilors. Despite its size, the island province divided into 16 electoral districts has an electoral registry of 141.548 and all newly elected members will be taking office from 11 December 2023 until 11 December 2027.

  • Friday, May 12th 2023 - 10:59 UTC

    Brazil asks US to help Argentine with IMF talks

    Haddad said he feared the far right could gain momentum in Argentina if the economic crisis is not solved promptly

    The Brazilian Government of President Luiz Inàcio Lula Da Silva Thursday asked the US Treasury Department to exert some pressure on the International Monetary Fund (IMF) -of which the US is the largest shareholder- to help Argentina overcome the current crisis caused by the drought while still bound by commitments signed with the world entity, which are holding back the economic development of the South American country.

  • Friday, May 12th 2023 - 10:56 UTC

    Police close down Buenos Aires bar hosting massive sexual gathering

    The owner of the place was fined for exceeding the scope of its operating permit

    A restaurant named “Swap” in the most exclusive Parque Leloir area in Ituzaingó, on the outskirts of Buenos Aires, has been closed after patrons were found trading ordinary culinary activities for couple swinging, threesomes, and orgies, it was reported in the Argentine capital.