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MercoPress, en Español

Montevideo, November 22nd 2024 - 05:42 UTC

Argentina

  • Tuesday, July 16th 2024 - 20:19 UTC

    Argentina's economic fall worse than expected, IMF foresees

    The IMF tied an overall setback in Latin America and the Caribbean to Argentina's performance

    According to the latest issue of the International Monetary Fund's World Economic Outlook (WEO) report, Argentina's Gross Domestic Product (GDP) is expected to fall 3.5% in 2024, which represented a setback from the 2.8% predicted back in April. Regarding next year, the IMF kept the 5% growth projection unchanged.

  • Tuesday, July 16th 2024 - 19:32 UTC

    Argentine footballer angers French with Copa America celebration chant

    French Sports Minister Amélie Oudéa-Castéra said the Argentine players' attitude was “pathetic”

    French authorities said Tuesday they would be seeking a reponse from football's governing body FIFA after a video of Argentine international Enzo Fernández went viral. The Chelsea midfielder filmed himself chanting offensive remarks about the ethnicity of France's players in addition to other comments concerning star Kylian Mbappé's sexual preferences.

  • Tuesday, July 16th 2024 - 09:22 UTC

    Brazilian Ambassador to BA summoned by Lula and Vieira

    Bitelli's trip to Brasilia is a message from Lula to Milei

    Argentine President Javier Milei's attitude of speaking his truth at any cost is about to take its toll on the diplomatic front, as confrontations with Brazil and Bolivia flare up with a possible reshaping of the current scenario in the near future.

  • Tuesday, July 16th 2024 - 08:06 UTC

    Milei taking bold measures regarding intelligence

    Presidential Spokesman Manuel Adorni

    Argentina's Libertarian regime of President Javier announced it would be dissolving the Federal Intelligence Agency (AFI) and reinstating the State's Intelligence Secretariat (SIDE) which will comprise four departments, all of them reporting directly to the head of state, the Office of the President (OPRA) posted on social media.

  • Monday, July 15th 2024 - 19:50 UTC

    French international rugby players held incommunicado in Mendoza pending hearing in rape case

    Under no circumstance will Auradou and Jegou be allowed to fly back to France

    French international rugby players Hugo Auradou, 20, and Oscar Jegou, 21, who have been arrested in the Argentine province of Mendoza to face rape charges, spent the weekend separated from each other incommunicado before being transferred to another detention facility. For the time being, visitors are not allowed except for their legal teams after being formally charged Friday with “the crime of sexual assault with penetration, aggravated by the participation of two people.” A 39-year-old woman accused them of raping her multiple times and beating her in a Mendoza hotel room after a rugby match on July 7. The defendants claim it was consensual sex. If found guilty, they face between eight and 20 years in prison.

  • Monday, July 15th 2024 - 10:55 UTC

    Injured Messi still lifts Copa America trophy for the second time in a row

    Messi had to leave the pitch through injury but returned to lift his 2nd Copa America

    Despite lacking megastar Lionel Messi for almost half of Sunday's duel, defending champions Argentina retained the Copa America with a 1-0 victory over Colombia. Lautaro Martínez scored the only goal during extra time and only eight minutes from the end following a through ball from fellow substitute Giovani Lo Celso.

  • Monday, July 15th 2024 - 10:33 UTC

    Argentine President warns of hard times ahead

    Milei announced a new intervention in the currency exchange market to bring down the “blue” dollar by making pesos even scarcer

    Argentine President Javier Milei downplayed this weekend from Sun Valley, Idaho, the importance of the “blue” (a euphemism for “black market”) dollar going up in his country. However, he warned of “difficult” weeks to come as his Government starts a new zero-money-issuing phase, which he dubbed “a new upgrade of the monetary policy.”

  • Saturday, July 13th 2024 - 10:22 UTC

    Argentina tops list of LatAm countries with the highest inflation for the 9th straight month

    The CPI went up 4.6% while all the other countries recorded variations below one digit.

    Argentina was found to boast the dubious honor of topping the list of Latin American countries with the highest inflation for the ninth month in a row after Friday's release by the National Institute of Statistics and Census (Indec) of the latest report regarding June's figures. The CPI went up 4.6% while all the other countries recorded variations below one digit.

  • Saturday, July 13th 2024 - 08:02 UTC

    Indec says Argentina's CPI in June reached 4.6%

    In this scenario, the “blue” dollar hit a new all-time high

    The Consumer Price Index (CPI) reached 4.6% last month in Argentina for a year-on-year 271.5%, according to a National Institute of Statistics and Census (Indec) survey released Friday. These figures also yielded a 79.8% increase in the first semester of 2024.

  • Saturday, July 13th 2024 - 07:21 UTC

    BBVA planning to leave Argentina?

    Successive economic hardships have affected profits in the banking industry; hence BBVA is said to have lost interest in Argentina

    Buenos Aires' financial circles are preparing for yet another departure of a banking giant from the South American country, according to leading economics reporter Mariano Gorodisch who hinted that BBVA would follow in HSBC's footsteps.