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MercoPress, en Español

Montevideo, April 27th 2025 - 13:52 UTC

Argentina

  • Monday, May 20th 2024 - 10:36 UTC

    Milei's deficient diplomacy triggers concurring responses

    Milei keeps steering Argentine into diplomatic conflicts owing to mere “ideological tantrums of the president,” Lousteau stressed

    The European Union's top diplomat Josep Borrell criticized Argentine President Javier Milei for his derogatory remarks in Madrid targetting Prime Minister Pedro Sánchez's wife Begoña Gómez and insisted that “attacks against relatives of political leaders have no place in our culture.” Borrell thus became just another voice condemning the South American leader's attitude.

  • Saturday, May 18th 2024 - 10:57 UTC

    Wages keep losing purchase power in Argentina, study finds

    Salaries had outpaced inflation under Alberto Fernández (2019-2023)

    According to a study released Friday in Buenos Airers by the Research and Training Center of the Argentine Republic (Cifra), formal wages took a slump of nearly 15% in the last semester, particularly after the Dec. 13 118.3% devaluation of the local currency once Javier Milei took office as president.

  • Saturday, May 18th 2024 - 10:45 UTC

    Ecuadorean stowaway captured in Chile trying to board flight to Argentina

    The trespasser was handed over to the police for proper legal procedures

    A new security incident was recorded Friday at Santiago de Chile's Nuevo Pudahuel - Arturo Merino Benítez International Airport when an Ecuadorean stowaway was caught trying to board a cargo plane bound for Argentina.

  • Friday, May 17th 2024 - 21:17 UTC

    Argentine Gov't submits bill to Congress providing for easier gun ownership or disposal

    The Pevaf ceased to be in force after Dec. 31, 2023, because no extension had been granted by Congress unlike in previous years

    The Argentine administration of President Javier Milei sent this week a bill to Congress to make legal gun ownership easier while at the same time encouraging holders wishing to do so to dispose of their weapons. According to the Security Ministry, there are some 800,000 unregistered firearms users nationwide.

  • Friday, May 17th 2024 - 20:18 UTC

    Milei lands in Madrid, praises his administration's achievements

    During the weekend, Milei is also scheduled to hold encounters with Spanish businesspeople

    Argentine President Javier Milei landed Friday in Madrid after a refueling stopover in the Canary Islands, for a series of engagements, none including a member of the Spanish government or the royal house. Also aboard the ARG 01 aircraft was Presidential Secretary Karina Milei.

  • Friday, May 17th 2024 - 11:59 UTC

    Argentina's industrial activity keeps dropping

    The sharp drop can be partly explained by last year's “soybean” dollar boosting sales abroad

    Despite victorious announcements from President Javier Milei's government, industrial activity in Argentina fell for the tenth consecutive month amid a growing loss of purchasing power. Interannually, a 17.2% drop was recorded after March's 4.7% decline. In addition, the first quarter of 2024 showed a year-on-year 11.7% slide.

  • Thursday, May 16th 2024 - 19:08 UTC

    Argentina needs to solve its exchange rate problem, IMF spokeswoman says

    Milei's government will need to evolve to keep its successful plan going, Kozack warned

    International Monetary Fund (IMF) Spokeswoman Julie Kozack said that Argentina needed to lift the exchange rate ceiling if the government were to protect the country's Central Bank reserves. Kozack's remarks during a press conference came a day after Economy Minister Luis Toto Caputo announced that the South American nation was on course to dollarization.

  • Thursday, May 16th 2024 - 14:42 UTC

    Venezuela denies safe-conducts to asylum seekers in Argentine embassy

    “There are no safe-conducts for those who do not love this homeland,” Cabello stressed

    Venezuela's regime Wednesday denied Argentina's request for safe-conducts whereby six dissidents housed in the diplomatic mission in Caracas would be able to reach the airport and take a flight to Buenos Aires, government strongman Diosdado Cabello confirmed while calling Argentine President Javier Milei a “fascist.”

  • Thursday, May 16th 2024 - 10:58 UTC

    Argentina getting ready to dollarize its economy, minister says

    Argentina still needs to terminate the “stocks” holding the parity between the local peso and the US dollar, Caputo explained

    Argentine Economy Minister Luis 'Toto' Caputo said Wednesday that the Libertarian administration of President Javier Milei had that the Government has “everything ready for dollarization.” The “recovery is very close,” he added as the “blue” (a euphemism for “black market”) dollar bounced back after it became evident that the government would be unable to deliver on Milei's promise to have an agreement signed with the provincial governors by May 25.

  • Wednesday, May 15th 2024 - 16:58 UTC

    Milei celebrates inflation figures football-style

    Milei thanked Toto Caputo for the latest achievement

    Argentine President Javier Milei became overtly extrovert on social media Tuesday after the National Institute of Statistics and Census (Indec) announced that April's monthly Consumer Price Index (CPI) had stood at 8.8%. “GOOOOOOOOOOOOOOOOOOOL...!!!!,” he wrote in football-fan mode. Meanwhile, Presidential Spokesman Manuel Adorni said inflation had “its death certificate signed.”