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MercoPress, en Español

Montevideo, June 5th 2025 - 20:26 UTC

Argentina

  • Monday, January 27th 2025 - 14:26 UTC

    Argentine SME exports grow 17.3% in 2024

    When measured in dollars, sales grew despite an average contraction in prizes

    Argentina's Chamber of Medium-sized Enterprises (CAME) released a report this weekend showing an interannual growth in exports of 17.3% measured in US dollars, with total sales amounting to US$ 10.032 billion, which represented 12.5% of the country's shipments. In addition, if measured in volume, SMEs exported 8.5 million tons, a 25.1% increase from 2023. However, CAME noted that the average price per ton fell by 6.3%.

  • Saturday, January 25th 2025 - 09:29 UTC

    Moody's improves Argentina's grades

    Lifting exchange rate controls will bring on new challenges for the Libertarian administration

    The international credit rating agency Moody's Friday improved Argentina's long-term foreign and local currency issuer grades from Ca to Caa3 but warned that “there are still significant risks to the country's ability to cover upcoming external debt payments.”

  • Thursday, January 23rd 2025 - 21:45 UTC

    Milei targets progressiveness during Davos speech

    “Wokeism” has “the manifest desire to destroy criticism and dissent,” Milei warned

    Argentine President Javier Milei said Thursday during his appearance before the World Economic Forum (WEF) in Davos (Switzerland) that “we must eliminate the virus of woke ideology” that has been subverting the Western civilization's values over the past few years. Milei likened this “aberrant ideology” to a “virus” and insisted it was “the cancer that must be removed” if the “golden age” was to prevail.

  • Thursday, January 23rd 2025 - 10:22 UTC

    IMF mission arrives in Buenos Aires to discuss US$ 11 billion loan

    The IMF mission is headed by Western Hemisphere Department Deputy Director Luis Cubeddu

    An International Monetary Fund (IMF) team landed in Buenos Aires Wednesday to discuss Argentina's eligibility for a US$ 11 billion new loan to make up for the South American country's currently negative reserves. The mission is headed by the IMF's Western Hemisphere Department Deputy Director Luis Cubeddu.

  • Wednesday, January 22nd 2025 - 21:13 UTC

    Milei would have no qualms breaking up with Mercosur if need be for FTA with US

    Milei is willing to pay any price to drive along what he thinks is prosperity's road

    Argentine President Javier Milei said in an interview with Bloomberg in Davos (Switzerland) that if breaking up with the Southern Common Market (Mercosur) was a requirement to sign a Free Trade Agreement (FTA) with the United States, he would not hesitate to do it.

  • Wednesday, January 22nd 2025 - 20:53 UTC

    Argentina picks Béraud to head all three Montevideo-based embassies

    Béraud is a career diplomat who has served as Ambassador to Japan and Costa Rica

    Argentina's Libertarian Government Wednesday announced the appointment of career Ambassador Alan Claudio Béraud as the new mission chief before Uruguay. Béraud is already stationed in Montevideo, where he heads Argentina's representations before the Southern Comon Market (Mercosur) and the Latin American Integration Association (ALADI).

  • Wednesday, January 22nd 2025 - 09:07 UTC

    Argentina: Grandmothers of Plaza de Mayo find Granddaughter Nº139

    Carlotto highlighted the importance of the collective struggle to find the children of those abducted by the dictatorship who are still listed as “missing”

    The human rights organization Grandmothers of Plaza de Mayo announced Tuesday in Buenos Aires the finding of “Granddaughter Nº139.” The entity seeks to determine the true identity of children born in captivity from prisoners who were later declared as “disappeared” by the military dictatorship, their offspring handed over for adoption to families ideologically compatible with the far-right de facto regime.

  • Tuesday, January 21st 2025 - 10:45 UTC

    Argentina records foreign trade surplus in 2024

    An Indec report showed that achievement for the first time in two decades

    Argentina posted last year its highest nominal trade surplus in two decades, according to a National Institute of Statistics and Census (Indec) report released Monday in Buenos Aires. The document showed a US$ 18.9 billion positive outcome which contrasted with the US$ 6.925 billion deficit the year before.

  • Monday, January 20th 2025 - 07:40 UTC

    Argentine gov't pledges to find those responsible for Prosecutor Nisman's murder

    Nisman wound up dead with a bullet in his head just hours before coming forward in Congress with his findings about the 1994 AMIA bombing

    Argentine President Javier Milei said that Special Prosecutor Alberto Nisman was murdered “at the hands of the darkest powers” in the country. Nisman was found dead on Jan. 18, 2015, in his apartment with a bullet in his head just hours before appearing before a Congressional committee to explain his findings regarding the so-called Memorandum of Understanding with Iran.

  • Monday, January 20th 2025 - 07:12 UTC

    Milei holds positive meeting with Georgieva

    “We are doing very well,” Milei posted on social media after his encounter with the IMF's Managing Director

    Argentine President Javier Milei and International Monetary Fund (IMF) Managing Director Kristalina Georgieva held a meeting Sunday in Washington DC ahead of Donald Trump's inauguration to discuss the economic situation in the South American country.