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MercoPress, en Español

Montevideo, November 24th 2024 - 03:34 UTC

Argentina

  • Thursday, December 14th 2023 - 10:09 UTC

    Argentina: CPI 12.8% up in November and 160.9% YoY

    JP Morgan foresees a slow recovery next year

    Argentina's National Institute of Statistics and Census (Indec) released a report Wednesday stating that the Consumer Price Index (CPI) for November 2023 went up 12.% for a total of 148.2% so far this year and an interannual increase of 160.9%. November's figures represented a strong jump from October's 8.3%.

  • Thursday, December 14th 2023 - 10:01 UTC

    Milei's LLA gets to appoint 2nd in line to Casa Rosda lawmaker

    Villarruel was praised for brokering a majority vote with no help from Peronism

    President Javier Milei's La Libertad Avanza (LLA) Wednesday managed to get Senator Bartolomé Abdala from the province of San Luis elected Provisional Speaker of the Upper House. The lawmaker thus became second in line to the Casa Rosada behind Vice President Victoria Villarruel, who was praised for her political skills brokering a majority with no help from Peronism to garner 39 votes in favor of Abdala and 29 abstentions with no negative voices.

  • Wednesday, December 13th 2023 - 10:59 UTC

    Argentina: Devaluation and austerity measures announced

    “There is no money to pay for works that often end up in the pockets of politicians and businessmen,” Caputo argued

    Argentina's Economy Minister Luis Toto Caputo Tuesday admitted people would be worse off for a couple of months while announcing in a recorded message the new measures adopted by the administration of President Javier Milei to bounce back from the deep crisis.

  • Wednesday, December 13th 2023 - 10:58 UTC

    Thumbs up from the IMF to Argentina's policy changes

    Georgieva said Toto Caputo's measures were “an important step toward restoring stability and rebuilding the country's economic potential”

    After Argentina's Economy Minister Luis Toto Caputo announced Tuesday in Buenos Aires a series of measures to tackle inflation, the Communications Director of the International Monetary Fund (IMF) Julie Kozack said in a statement that “these strong initial actions aim to significantly improve public finances in a way that protects the most vulnerable in society and to strengthen the exchange rate regime.”

  • Wednesday, December 13th 2023 - 10:28 UTC

    Milei becomes first Argentine President to attend Hanukkah ceremony

    Hanukkah “marks the triumph of the few over the many,” Milei explained as he lit a candle

    While Economy Minister Luis Toto Caputo's message describing the government's next measures was aired, President Javier Milei appeared at the República Oriental del Uruguay Square in Buenos Aires for the celebration of the Jewish Hanukkah festivity.

  • Tuesday, December 12th 2023 - 10:59 UTC

    Macri favors Mercosur single currency

    Dollarization has not been too good for Ecuador, Macri argued. A Mercosur currency would be better

    Former Argentine President Mauricio Macri said in Brazil he supported the idea of a single currency for all Mercosur countries because if the bloc was “serious” it needed “the same rules and the same currency, like the eurozone.”

  • Tuesday, December 12th 2023 - 10:53 UTC

    Man arrested for throwing bottle at Milei

    Milei was unharmed in the incident but a member of his guard was hit by the object

    Buenos Aires Federal Judge Ariel Lijo issued a warrant for the arrest of a man suspected of having thrown a bottle at President Javier Milei as his motorcade in a convertible car was heading from Congress to Casa Rosada midway through the inauguration. The object ended up hurting one of the guards, it was reported.

  • Tuesday, December 12th 2023 - 10:41 UTC

    “Britain has manipulated the principle of self-determination in the Falkland Islands”

    “None of the more than 50 resolutions passed by the UN have recognized the existence of a separate people on the territory of the Falklands/Malvinas”

    “If there is a people who are victims of colonialism, to whom the principle of self-determination can be applied, it is the Argentine people,” says Facundo D. Rodriguez (*). The following is a letter Mr. Rodriguez sent to The Guardian in reply to the piece by columnist Simon Jenkins, “Argentine firebrand president elect Javier Milei is right in one thing, British sovereignty of the Falklands must end.”

  • Tuesday, December 12th 2023 - 10:09 UTC

    Milei wants to appoint his rabbi friend as next ambassador to Israel

    Milei first contacted Rabbi Wahnish in 2021 when he was said to be a nazi

    Argentine President Javier Milei confirmed he intentds to appoint Rabbi Axel Wahnish as the South American country's next ambassador to Israel in addition to moving the mission from Tel Aviv to Jerusalem, it was reported in Buenos Aires.

  • Monday, December 11th 2023 - 10:42 UTC

    Milei offers his own version of 'blood, sweat and tears' after taking office in Argentina

    “There is no alternative to adjustment and shock” but there will be “light at the end of the road,” Milei told the crowds at Congress Square

    Javier Milei was sworn in as Argentina's new president on Sunday during a ceremony in Congress in front of outgoing Vice President Cristina Fernández de Kirchner (CFK), who once again made headlines for giving the middle finger to supporters of the new leader as she entered the building. Milei received the presidential sash from his predecessor, Alberto Fernández. Minutes later, Victoria Villarruel was sworn in as the new vice president.