The Brazilian flag was hoisted Thursday at the Argentine Embassy in Caracas, where six Venezuelan asylum seekers were left behind by the departing diplomatic team.
Brazil's diplomatic mission in Caracas will be representing Argentina's interests starting Thursday at 9 am local time after the Venezuelan regime of President Nicolás Maduro expelled Buenos Aires' delegation given President Javier Milei's decision not to recognize the results of the elections announced last Sunday whereby the incumbent head of state would have been chosen for the 2025-2031 term.
Argentina's state-run oil company YPF and its Malaysian version Petronas will invest over US$ 30 billion to build a Liquefied Natural Gas (LNG) plant in the Patagonian province of Río Negro, it was announced, thus ending speculations according to which such a facility was to be or should have been settled in the Bahía Blanca area in the province of Buenos Aires.
Venezuelan authorities left Argentina's Embassy in Caracas with no electricity supply Tuesday as diplomatic ties between the two countries came to a technical rift while the fate of opposition leaders Pedro Urruchurtu Noselli, Magalí Meda, Claudia Macero, Humberto Villalobos, Facundo Martínez Mottola, and Omar González, who had been granted asylum and were housed there pending a safe passage to the airport that never came was still in doubt.
The US Department of Agriculture, Foreign Agriculture Service, (FAS) estimates that Argentina wheat production from the 2024/25 crop will reach an estimated at 18.6 million tons, up from 15.7 million tons in 2023-24. Planted area increased to 6.2 million hectares with improved conditions in April and May encouraging farmers to plant more than their original plans.
In his appearance Sunday at the Argentine Rural Society Annual Exhibition's main ceremony in Buenos Aires, President Javier Milei promised to remove all export taxes in due time, for which he asked producers to be patient.
Presidents Javier Milei of Argentina and Emmanuel Macron of France got together Friday at the Elysee Palace ahead of the opening ceremony of the Paris 2024 Olympic Games to discuss ongoing world affairs and bilateral issues. It is the South American leader's 12th trip abroad since his inauguration on Dec. 10, 2023.
Argentina's Economy Minister Luis Toto Caputo met Thursday in Rio de Janeiro with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, who said the encounter had been constructive.
The credit rating agency Fitch outlined Wednesday the possible consequences of Argentina's latest measures, which would aggravate the uncertainty about the South American country's reserves, particularly after some of its gold was shipped abroad, in addition to other financial gambits that would allow for the creation of banking pesos that would jeopardize a return to global capital markets.
Argentine President Javier Milei is off to Paris to attend the inauguration of the 2024 Olympic Games, leaving Vice President Victoria Villarruel at the helm of the Executive Branch amid mounting rumors that things between the two of them are far from good.