Argentina

• Friday, March 7th 2025 - 10:53 UTC

  Argentina to okay IMF loan through a presidential decree

  

  Argentine President Javier Milei plans to issue an Emergency Decree (DNU) to approve the new loan to be agreed upon with the International Monetary Fund (IMF), the Casa Rosada announced Thursday. As mandated by law, each DNU needs congressional approval to not be stricken. The new deal seeks to cancel National Treasury debt to the Central Bank, reducing total public debt and strengthening the Central Bank's balance sheet and subsequently lifting the so-called exchange stocks.

• Friday, March 7th 2025 - 09:29 UTC

  Pope sends message to the faithful

  

  The Vatican Thursday released an audio message in St. Peter's Square at 9 pm local time from Pope Francis, who is hospitalized at Rome's Gemelli clinic for a case of bilateral pneumonia since Feb. 14. The Pontiff thanked the faithful for their prayers, marking his first public communication in weeks. Speaking in Spanish with a hoarse voice, the Pope expressed gratitude and extended blessings.

• Thursday, March 6th 2025 - 19:01 UTC

  Argentina's Supreme Court votes against Lijo's unpaid leave

  

  Argentina's Supreme Court of Justice (CSJN) voted against granting Lower Court Judge Ariel Lijo an unpaid leave of absence to take up his CSJN position as decreed by President Javier Milei. Joining the votes of Chief Justice Horacio Rosatti and Deputy Chief Justice Carlos Rosenkrantz was Manuel García-Mansilla, who was appointed together with Lijo for the duration of the current Legislature as provided for in the Constitution.

• Thursday, March 6th 2025 - 10:58 UTC

  CABA: Electricity supply restored gradually but “complicated” days ahead

  

  Although the electricity supply resumed gradually in the Buenos Aires Metropolitan Area (AMBA) starting at around 3 pm, “complicatted” days lie ahead given the scorching heat that boosts demand to operate air conditioning equipment. By Wednesday afternoon, service began to be restored to 70% of households, but some 196,000 users were estimated to still be without power after two massive blackouts.

• Wednesday, March 5th 2025 - 20:11 UTC

  Buenos Aires under second mass blackout in a day

  

  A second massive blackout hit the Autonomous City of Buenos Aires (CABA) and parts of the so-called Buenos Aires Metropolitan Area (AMBA) Wednesday after a first outage at 5:50 am affected some 550,000 Edesur users in the neighborhoods of Balvanera, Barracas, Boedo, Caballito, La Boca, Monserrat, Parque Patricios, Recoleta, Retiro, and San Nicolás as well as in the municipalities of Avellaneda, Berazategui, Lanús, Lomas de Zamora, and Quilmes, bordering the country's capital. Edelap, the energy distribution company of La Plata, was also affected.

• Wednesday, March 5th 2025 - 09:12 UTC

  China halts meat imports from Brazil, Argentina, Uruguay, and Mongolia

  

  China’s customs authorities have suspended beef imports from seven meatpacking facilities across Brazil, Argentina, Uruguay, and Mongolia as of March 3, 2025. The affected companies include two Argentine exporters (Frigorífico Regional General Las Heras SA and Frio Dock SA), three Brazilian slaughterhouses (Frisa Frigorífico Rio Doce S/A, Bon-Mart Frigorífico Ltda, and JBS S/A), one Uruguayan facility (Frigorífico Sirsil SA), and a Mongolian supplier. No official reason for the measure was provided, though it follows a 2024 record of 2.87 million metric tons of beef imports, which led to an oversupplied market and historically low domestic beef prices in China.

• Tuesday, March 4th 2025 - 10:55 UTC

  Trump says he would look into signing FTA with Argentina

  

  Just hoours after US Special Envoy for Latin America Mauricio Claver-Carone said his country was not interested ina Free Trade (FTA) with Argentina and that President Javier Milei should pick his advisors better, US President Donald Trump said the Libertarian was “a great leader” and admitted he could “look into” a commerce arrangement.

• Tuesday, March 4th 2025 - 09:58 UTC

  Milei planning tour of Israel later this month

  

  Argentine President Javier Milei's trip to Israel on March 23 will further consolidate the alliance between the two countries. During his four-day visit, Milei will sign a Memorandum of Understanding on cooperation in the fight against terrorism, anti-Semitism, and discrimination,

• Monday, March 3rd 2025 - 14:46 UTC

  US not interested in FTA with Argentina, Latin American Envoy says

  

  Former Inter American Development Bank (IDB) President Mauricio Claver-Carone, now Us State Department envoy for Latin American Affairs, said during the weekend that President Donald Trump's administration was not after any new Free Trade Agreement (FTA), which might be disappointing to Argentina's Javier Milei who announced he was willing to leave Mercosur to achieve just that.

• Monday, March 3rd 2025 - 10:55 UTC

  Milei does not rule out leaving Mercosur

  

  Argentine President Javier Milei further elaborated on his plan to curb inflation during his opening speech Saturday before the Legislative Assembly when opening the 202t5t Legislature. Among other items, he spoke of a new agreement with the International Monetary Fund (IMF) plus the reorganization of the Central Bank (BCRA) accounts.