Chilean President Gabriel Boric Font, speaking at the Inter-American Development Bank (IDB) annual meeting in Santiago Friday, underlined the importance of long-term projects and institutional stability over short-term, drastic reforms like the ones implemented by his Argentine colleague Javier Milei, whom he was obviously referring to, since he used the Libertarian's “chainsaw” war cry, which US Department of Government Efficiency Chief Elon Musk has also echoed.
Argentina is experiencing a sharp increase in food prices, complicating the government's goal of keeping inflation close to 2%. Private consulting firms report that food prices rose by approximately 3.2% to 4% so far this month, with total inflation projected to be between 2.4% and 3%. Key drivers include dairy and eggs (up 5.8%), meat (up 5%), vegetables (up 3.3%), and beverages (up 2.2%).
Italy’s government has approved a reform to restrict automatic citizenship by descent, citing concerns over the growing number of requests—especially from Latin America—and what officials described as the “commercialization” of Italian nationality.
Argentina’s Economy Minister Luis Toto Caputo announced Thursday that the loan negotiated with the International Monetary Fund (IMF) amounts to US$ 20 billion disbursement from the IMF, which, in addition to further borrowing from the Interamerican Development Bank (IDB), the World Bank, and the CAF would leave the Central Bank's (BCRA) reserves around US$50 billion.
Clashes between law enforcement officers and demonstrators during Wednesday's traditional protest by Argentine retirees in Buenos Aires demanding better wages and medical coverage were recorded once again this week as unions and leftwing organizations tried to block a street, thus triggering Security Minister Patricia Bullrich's anti-picket protocol, which resulted in senior citizens, a girl and a photographer pepper-sprayed as authorities sought to keep traffic flowing.
According to International Monetary Fund (IMF) sources, negotiations with Argentina are in an advanced stage after a meeting between the credit agency's board of directors and technical staff on Tuesday. Further details are expected to be announced at a press conference on Thursday by IMF Spokeswoman Julie Kozack.
Presidents Emmanuel Macron of France and Argentina's Javier Milei held a telephone conversation Tuesday, during which the European leader conveyed his strong support to the Libertarian administration's negotiations with the International Monetary Fund (IMF). The Argentine people can always count on France, Macron stressed. His country has a 4.03% voting power on the IMF executive board, ranking fifth globally. Milei and Economy Minister Luis Toto Caputo thanked Macron on social media for his message while the IMF was discussing Argentina's case at it Washington DC headquarters.
Argentine President Javier Milei announced Monday two significant declassification initiatives. First, at the request of US Senator Steve Daines, he ordered the release of all official documents related to Nazis who sought refuge in Argentina after World War II, Cabinet Chief Guillermo Francos confirmed. These files, primarily held by the Defense Ministry, include financial records and their release would end decades of secrecy.
Argentine human rights organizations gathered Monday at Buenos Aires' Plaza de Mayo to deliver a speech marking the 49th anniversary of the Military Junta's uprising against María Estela Martínez de Perón. During the National Memory, Truth, and Justice Holiday, they once again addressed the disappearances and tortures during the dictatorship while blaming President Javier Milei and Vice-President Victoria Villarruel for their denialist approach to the issue.
Conservationist groups from Chile and Argentina have undertaken a project to transfer 15 Patagonian rheas (also known as choiques) from Argentina’s Patagonia Park in Santa Cruz to Chile’s Patagonia National Park in the Aysén Region, in an initiative led by Rewilding organizations of both countries and supported by the Tompkins Conservation Foundation.