Argentine President Javier Milei admitted that his country's process of curbing inflation would be making a pause from the 4.2% the National Institute of Statistics and Census (Indec) announced for May this year. In addition to a rebound in the decline, there will be no zero deficit, the Libertarian leader also admitted.
The three-time former governor of the Argentine province of Tucumán José Alperovich was sentenced to 16 years in prison Tuesday for sexually abusing his niece, who worked as his secretary during his term as a national senator. It took Judge Juan Ramos Padilla 15 hearings and testimony from almost 70 witnesses and experts to hand down his verdict and decision which also included the defendant's disenfranchisement.
A study by the consulting firm Zuban Córdoba showed that Argentine President Javier Milei's approval ratings were falling below those of other officials of his administration such as Security Minister Patricia Bullrich and Vice President Victoria Villarruel. These results were said to be driven by scandals involving the President's protegé, Human Capital Minister Sandra Pettovello.
While Brazil welcomed a 14.8% growth in the number of foreign tourists in May this year from the same month of 2023, Argentina's domestic leisure travel showed a decline of nearly 65% during this past three-day weekend encompassing the June 17 National Holiday.
Chilean President Gabriel Boric Font declared the diplomatic incident over after Argentine Security Minister Patricia Bullrich apologized for saying that the terrorist organization Hezbollah was operating in the Chilean port of Iquique. “It seems to me that it is tremendously important that the authorities be responsible in their statements and affirmations,” said Boric.
Argentina's Navy will remove the solar panels mistakenly placed in Chilean territory after President Gabriel Boric Font warned that his country would take action if Buenos Aires failed to comply at the earliest time possible.
Monday's International Monetary Fund (IMF) projected a 3.5% drop in Argentina's economic activity this year from a previous 2.75% assessment but admitted inflation would be lower than previously thought reaching 140% year-on-year by the end of 2024 in addition to declining further in the medium term, as demand for pesos recovers from historically low levels.
Argentina's Ambassador to Santiago Jorge Faurie admitted his country had made a mistake when solar panels were placed three meters into Chilean territory in Tierra del Fuego, which triggered a diplomatic incident between the two countries.
Argentine environmentalists and scientists brought back to the sea a group of 14 Magellanic penguins that had been rescued from the beaches and treated at the San Clemente-based Mundo Marino Foundation for malnutrition, dehydration, hypothermia, and a high parasitic load.
Argentine President Javier Milei joined the list of dignitaries endorsing the Bürgenstock Declaration in favor of peace in Ukraine while Brazil's Luiz Inácio Lula da Silva was among those very few who did not because in his view only negotiations involving both belligerent parties (Ukraine and Russia) were worth considering.