Argentina

• Friday, October 11th 2024 - 09:30 UTC

  Argentine inflation stands at 3.5% in September

  

  Argentina's National Institute of Statistics and Census (Indec) announced Thursday that September's Consumer Price Index (CPI)stood at 3.5% for a yoy total of 209%. So far in 2024, inflation reached 101.6%, with housing, utilities, and fuels accounting for the largest increases. Thursday's figures represented a slowdown from August's 4.2%. The Core CPI, which records inflation excluding seasonal and regulated prices, stood at 3.3%.

• Thursday, October 10th 2024 - 09:11 UTC

  Milei's veto of college funding bill survives Congressional challenge

  

  Despite lacking a majority of its own, Argentina's ruling La Libertad Avanza (LLA) Wednesday succeeded at the Lower House in keeping enforceable President Javier Milei's veto from last week against the newly approved university funding bill by garnering a total of 84 votes with help from occasional allies such as a few rogue UCR lawmakers, thus rendering the opposition's 164 votes insufficient after key abstentions to override the presidential decision.

• Wednesday, October 9th 2024 - 09:13 UTC

  YPF to relocate Vaca Muerta HQs to Buenos Aires

  

  Argentina's state-run oil company YPF announced Tuesday that it would be opening an operations center in its tower in the exclusive Puerto Madero district in Buenos Aires to run Vaca Muerta. The move is expected to cut costs by 30% and save up to US$ 1.5 billion a year.

• Tuesday, October 8th 2024 - 10:55 UTC

  Peronist Party in search of a new (or old) leader

  

  After former President Alberto Fernández was forced to resign as chairman of the Peronist Party given the domestic violence and corruption scandals in which he is involved, the vacancy opened up a new front that may well decide the future of Argentine politics in the years to come. While former President Cristina Fernández de Kirchner intends to fill the void, La Rioja Governor Ricardo Quintela came forward as a new option.

• Tuesday, October 8th 2024 - 10:03 UTC

  Argentine VP meets with Spanish Senate Speaker in Madrid

  

  Argentine Vice President Victoria Villarruel met Monday in Madrid with her Senate Speaker colleague Pedro Rollán on the opening day of her first trip abroad since her inauguration last year.

• Monday, October 7th 2024 - 09:56 UTC

  Argentine province sends successful business mission to Paraguay

  

  Argentine businessmen participated actively last week in the Córdoba Day in Asunción event, a gathering bringing people from Argentina's second-largest territory to explore opportunities in the neighboring country. Paraguay's Industry and Commerce Ministry seized the occasion to present would-be investors with a plethora of options in one of the region's fastest-growing economies.

• Friday, October 4th 2024 - 10:05 UTC

  Mondino hails UK-Mauritius understanding on Chagos

  

  Argentine Foreign Minister Diana Mondino celebrated Thursday's announcement regarding the imminent handover of the British Indian Ocean Territory of Chagos to Mauritius after a dispute of nearly six decades and hinted that a similar path should be followed to ”recover the Malvinas (Falkland).”

• Thursday, October 3rd 2024 - 18:47 UTC

  Milei vetoes university funding bill, sparks another feud with the opposition

  

  Despite Wednesday's demonstrations against it nationwide, Argentine President Javier Milei vetoed the bill on funding public universities passed by Congress last month on the grounds that “it would seriously hinder the sustainability of public finances.” After the measure was announced, opposition lawmakers pledged to convene next week in a move to reverse it through Parliamentarian mechanisms.

• Thursday, October 3rd 2024 - 10:15 UTC

  Argentine court allows Maradona's heirs to place the body at mausoleum in Buenos Aires

  

  An Argentine court in San Isidro, on the northern outskirts of Buenos Aires, has allowed the body of former footballing virtuoso Diego Maradona to be transferred from the private cemetery where he is buried to a mausoleum in the Puerto Madero district, inside the country's capital.

• Thursday, October 3rd 2024 - 09:58 UTC

  Evo's refugee status revoked in Argentina

  

  The Argentine Government of Javier Milei announced Wednesday that it was terminating former Bolivian President Evo Morales' refugee status, according to a posting by Presidential Spokesman Manuel Adorni on X: “Juan Evo Morales Ayma's refugee status has been terminated,” Adorni wrote in his @madorni account.