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MercoPress, en Español

Montevideo, November 23rd 2024 - 19:26 UTC

Argentina

  • Friday, February 2nd 2024 - 03:48 UTC

    Strong support from IMF to President Milei and his austerity policies

    Kristalina Georgieva with president Milei at IMF main offices in Washington

    The new government of Argentine president Javier Milei and its austerity policies to try and put the country's economy back on track received a strong boost from the International Monetary Fund, IMF, which approved the disbursement of US$ 4,7 billion.

  • Thursday, February 1st 2024 - 23:55 UTC

    Ushuaia is talking of a record cruise season and a further 10% annual growth of the industry

    The port of Ushuaia with several cruise vessels docked

    Ushuaia is undergoing a very positive and fluid cruise season which could mark a record, with some 590 calls and 250,000 visits between passengers and crew members, was pointed out by Roberto Murcia, head of Tierra del Fuego province ports corporation.

  • Thursday, February 1st 2024 - 10:55 UTC

    Lacalle praises Milei for acquiescing to further dredging of River Plate

    The previous Argentine administrations of Presidents Mauricio Macri (2015-2019) and Alberto Fernández (2019-2023) stalled the project out of landlocking fears

    Uruguayan President Luis Lacalle Pou Wednesday praised his Argentine counterpart Javier Milei's willingness to cooperate in further dredging the River Plate at the Port of Montevideo from 13 to 14 meters. The previous administrations of Argentine Presidents Mauricio Macri and Alberto Fernández (2015-2023) considered that these works would leave the port of Buenos Aires in a disadvantageous position. Negotiations in this regard started in 2013 under Presidents Tabaré Vázquez and Cristina Fernández de Kirchner (CFK).

  • Thursday, February 1st 2024 - 10:27 UTC

    Police and demonstrators clash outside Argentine Congress

    “They want repression for the people, measures for the richest, poverty and misery for the workers,” Belliboni said

    Law enforcement officers and demonstrators clashed outside the Congress in Buenos Aires on Wednesday, while the parliamentary debate on President Javier Milei's so-called Omnibus Law bill was taking place inside.

  • Thursday, February 1st 2024 - 10:15 UTC

    Argentina: Fuel at pumps soars as gov't lifts taxation cap

    Decree 107/2024 bears the signatures of President Milei and Ministers Luis ‘Toto’ Caputo (Economy) and Guillermo Francos (Interior)

    Drivers lined up for hours Wednesday in Buenos Aires and other places across Argentina as a new increase in the price of fuel at pumps was expected to be enacted Thursday following a decision by the administration of President Javier Milei to release a liquid fuel (ICL) and carbon dioxide (IDC) tax cap in force since 2021, it was reported.

  • Thursday, February 1st 2024 - 10:01 UTC

    Argentine Central Bank reserves stronger after FMI disbursement

    The latest deal between Argentina and the IMF unblocked a new tranche of disbursements

    After the International Monetary Fund (IMF) Board approved the staff-level agreement with Argentina's current administration, the Government of President Javier Milei received a US$ 4.7 billion disbursement which bolstered the Central Bank (BCRA) reserves to US$ 27.635 billion, it was reported Wednesday in Buenos Aires. The latest deal between Argentina and the IMF unblocked a new series of disbursements.

  • Wednesday, January 31st 2024 - 10:59 UTC

    IMF foresees gloomy near future for Argentina

    Latin America and the Caribbean were also forecast by the FMI to suffer an economic slowdown driven mainly by Argentina's downward revision

    Following President Javier Milei's latest measures, the International Monetary Fund (IMF) Tuesday reviewed for the worse its projections for Argentina's economy this year (-2.8%) and forecasted inflation would remain high in the short term.

  • Wednesday, January 31st 2024 - 10:58 UTC

    Daniel Scioli leaves Brasilia for a Secretariat position in Milei’s team

    Francos made the announcement on social media and posted a picture of himself together with Milei and Scioli

    Former Argentine Vice President Daniel Scioli will leave his post as Ambassador to Brazil to join President Javier Milei's team as Secretary of Tourism, Environment, and Sports, it was announced Tuesday in Buenos Aires after a meeting which was also attended by Interior Minister Guillermo Francos, who served on Scioli's cabinet when the latter was Governor of the Province of Buenos Aires.

  • Wednesday, January 31st 2024 - 10:56 UTC

    Argentine Cabinet Chief on bilateral ties boosting mission in Washington

    Posse met with US and IMF officials as the global credit agency is to decide on a US$ 4.7 billion disbursement

    Argentine Cabinet Chief Nicolás Posse Tuesday met with officials from US President Joseph Biden's administration as well as with International Monetary Fund (IMF) executives to strengthen bilateral ties, it was reported in Washington DC.

  • Wednesday, January 31st 2024 - 10:16 UTC

    Land cargo vehicles banned from Zárate Brazo Largo bridge

    Vialidad Nacional wants a safety protocol before any attempt is made to remove the ship from where she has been stuck since Sunday

    Argentina's national road authority Vialidad Nacional (VN) Tuesday announced that traffic across the Zárate-Brazo Largo bridge would be off limits for vehicles weighing over 50,000 kilograms as a precaution following Sunday's collision between the structure and a Liberian-flagged freighter still to be removed from beneath the pillar she hit after losing rudder control.