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MercoPress, en Español

Montevideo, November 22nd 2024 - 17:01 UTC

Argentina

  • Friday, June 14th 2024 - 07:57 UTC

    Milei's trip to China announced but not confirmed

    During his appearance at the G7 Summit in Italy, Milei is scheduled to hold one-on-one talks with fewer world leaders than Brazil's Lula

    After reaching the presidency of Argentina on diatribes against “lefties” and “Communists,” it was reported Thursday in Buenos Aires that Javier Milei would be traveling to Beijing for a meeting on July 4 with Xi Jinping, who insisted on the South American leader's presence for the signing of the extension of a US$ 5 billion currency swap that saved the Libertarian administration from maturities this month and the next.

  • Thursday, June 13th 2024 - 10:43 UTC

    Milei leaves for G7 Summit with a plethora of good news

    Se espera que Milei exponga ante el G7 sobre el posible rol de Argentina como polo de desarrollo líder en inteligencia artificial

    After a day of good news following the Senate's broad approval of the Bases Law bill in addition to an arrangement with China to extend the currency swap in force, Argentine President Javier Milei and his entourage left for Borgo Egnazia, Italy, to attend the G7 Summit, during which he plans to hold talks with Prime Minister Giorgia Meloni, French President Emmanuel Macron and International Monetary Fund (IMF) Managing Director Kristalina Georgieva, among other world leaders.

  • Thursday, June 13th 2024 - 10:37 UTC

    Pot and pan-banging protests staged after positive outcome at the Senate

    While some protesters took to the streets, Milei's government praised “the patriotic” Senators who voted in favor of the bill

    Residents and natives of the Argentine capital - known collectively as “porteños”- took to the streets of Buenos Aires on Wednesday evening banging pots and pans to protest against the Senatorial broad approval of the Libertarian Administration's Bases Law bill in addition to the police repression outside Congress against demonstrators earlier on.

  • Thursday, June 13th 2024 - 10:33 UTC

    Libertarians get Bases Law bill passed at Senate

    VP Villarruel cast the vote breaking the tie

    Vice President Victoria Villarruel tipped the scale in favor of Argentina's Libertarian administration when she cast her affirmative vote breaking the 36-36 tie at the Senate for the broad passing of the Bases Law bill the government claims to need to rescue the country from its economic plight. Itemized voting went on during the wee hours of Thursday.

  • Wednesday, June 12th 2024 - 23:58 UTC

    Scuffles in front of Argentine Congress reported

    Five Congressmen were hospitalized after being pepper-sprayed by the police

    Argentine law enforcement officers Wednesday fired teargas to disperse demonstrators convening in front of Congress to encourage Senators to vote against President Javier Milei's so-called Omnibus Law bill (officially known as Bases Law) with which the Libertarian administration intends to bring the country out of its economic plight. The bill has already been passed by the Lower House.

  • Wednesday, June 12th 2024 - 20:29 UTC

    Milei pledges to leave Casa Rosada dead before surrendering Argentina's zero deficit

    A survey found that six months into Milei's administration, the government's support was intact among Libertarian voters

    Argentine President Javier Milei said Wednesday morning that “they will have to take me out of the [Casa] Rosada dead” if they are “to break the fiscal deficit.” The Libertarian leader made those remarks during his speech at an event in Buenos Aires ahead of his trip to Italy to attend the G7 Summit. ”We are going to make a bigger reform than the one made by Carlos Menem because ours is three times more (so),” he added.

  • Tuesday, June 11th 2024 - 22:17 UTC

    World Bank foresees economic deterioration for Argentina this year

    A recovery above average is also forecast for 2025

    According to the latest “World Economic Outlook” report released Tuesday by the World Bank from its headquarters in Washington DC, Argentina's economy is expected to fall sharply this year, thus becoming the Latin American country going through the tightest contraction in the region before rebounding in 2025. The study projected a 3.5% drop this year followed by a 5% surge in 2025, thus outperforming the rest of the continent.

  • Tuesday, June 11th 2024 - 18:41 UTC

    Paraguay enacts “linked towns” bill for residents of border locations

    The new legislation will represent “a solution to the problems of the chaotic traffic that usually occurs in border cities,” Kronawetter pointed out

    Paraguayan President Santiago Peña signed into law a bill providing for the creation of the so-called “linked towns” bordering Argentina and Brazil. The measure grants residents a preferential status in economic, labor, health, and cultural issues, it was explained.

  • Tuesday, June 11th 2024 - 09:11 UTC

    Argentina not endorsing WHO's Pandemic Treaty

    In Argentina, decisions are made by the Argentines,” Adorni stressed

    Argentina will not endorse the World Health Organization (WHO) sponsored Pandemic Treaty, Presidential Spokesperson Manuel Adorni announced Monday.

  • Monday, June 10th 2024 - 21:19 UTC

    Gloomy future for SMEs in Argentina, studies find

    The crisis is expected to deepen in the next 12 months, the IPA report showed

    According to a survey published by the Argentine Confederation of Medium-Sized Companies (CAME) report released Monday in Buenos Aires, retail sales in Argentina fell 7.3% year-on-year in May as President Javier Milei's chainsaw economic policies took a deeper toll on the purchasing power of the population.