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MercoPress, en Español

Montevideo, July 4th 2025 - 11:28 UTC

Argentina

  • Tuesday, March 12th 2024 - 10:26 UTC

    Argentina's Central Bank lowers interest rate

    These initiatives are aimed at increasing liquidity and controlling inflation

    Argentina's Central Bank Monday lowered the annual interest rate from 110% to 80% “to strengthen the national economy and improve liquidity in the financial market,” it was reported in Buenos Aires. In addition, it was left up to each bank to decide on the minimum rate for fixed-term deposits.

  • Monday, March 11th 2024 - 11:32 UTC

    Milei caught red-handed “increasing” his own salary by 48%

    Congresswoman Victoria Tolosa Paz broke out the new chapter in the political caste saga

    Just a few days after ordering Lower House Speaker Martín Menem to reverse his decision together with Vice President Victoria Villarruel to increase the wages of lawmakers by around 30%, Argentine President Javier Milei was forced to announce that he would do the same regarding a pay hike of around 48% he had decreed for himself and the members of his cabinet, it was reported in Buenos Aires during the weekend.

  • Monday, March 11th 2024 - 10:58 UTC

    Argentine Coast Guard charges for air rescue of South Korean fisherman

    The rescue operation took place over a week ago some 261 nautical miles from the city of Puerto Madryn, outside the Argentine EEZ

    A crew member from a South Korean vessel operating in the South Atlantic was air-evacuated by the Argentine Coast Guard and hospitalized in Trelew following an emergency case of appendicitis.

  • Monday, March 11th 2024 - 10:56 UTC

    US to help Argentina handle the Paraná Waterway

    Ambassador Stanley, Benvenuto, González Botto, and McConnell signed the document

    Argentine authorities signed a memorandum of understanding (MOU) with the United States whereby the latter's Army Corps of Engineers would get involved in maintenance duties along the Paraná-Paraguay River Waterway, it was reported. US Ambassador to Buenos Aires Marc Stanley was present at the ceremony involving the Argentine agency managing the waterway and the General Ports Administration (AGP).

  • Monday, March 11th 2024 - 10:26 UTC

    Drug-trafficking gang violence reigns supreme in Argentine city of Rosario

    Governor Pullaro implemented Bukele-style prison measures for gang members, which triggered the deadly response

    Gang violence in the Argentine city of Rosario has taken the lives of four people in one week as local and federal authorities remain baffled about how to tackle the increasingly worrying situation.

  • Saturday, March 9th 2024 - 09:24 UTC

    Argentina picks Raimondi for embassy in Brasilia

    Raimondi's expertise in regional matters is highly recognized

    Following former Vice President Daniel Scioli's departure from Argentina's embassy in Brasilia, Guillermo Daniel Raimondi will be his successor, it was reported after the administration of President Luiz Inácio Lula da Silva greenlighted his appointment.

  • Saturday, March 9th 2024 - 08:12 UTC

    Argentina allows Chinese fishing fleet into its EEZ to take refuge from a massive storm

    Chinese jiggers packed along mile 201, with an Argentine naval vessel keeping track of the activities

    The Argentine navy allowed a fleet of 259 Chinese fishing vessels to enter the country's EEZ (Economic Exclusive Zone) to take refuge from a massive storm with seven meters high waves and winds of more than a hundred kilometers per hour. The Ministry of Defense also announced that once the storm was over the Chinese vessels returned to international waters.

  • Friday, March 8th 2024 - 11:05 UTC

    Milei threatens to pee on all of Argentina's governors and shut down Congress

    Milei's “Who do they think they are?” might enrage governors worse than they already were

    Argentine President Javier Milei was quoted as saying during a private event at the ExpoAgro rural fair in San Nicolás de los Arroyos late Wednesday that he would “piss on all” of Argentina's provincial governors who were reluctant to endorse the reforms the Libertarian government seeks to impose.

  • Friday, March 8th 2024 - 10:54 UTC

    Argentina: Libertarian gov't wants wage hike for lawmakers reversed

    Menem will seek to have the wage increase repealed as per Milei's instructions

    Argentina's Lower House Speaker Martin Menem admitted Thursday that a bill was to be submitted to backtrack on the resolution granting wage increases of nearly 30% to lawmakers amid strict austerity measures affecting most of the country's population, particularly the more vulnerable.

  • Thursday, March 7th 2024 - 10:48 UTC

    Ambassador says linking Rosario to Uruguay should be a state policy

    Enciso spoke of a “moment of optimism regarding the business environment in both countries”

    Uruguay's Ambassador to Buenos Aires Carlos Enciso Christiansen insisted it was necessary to promote a state policy to improve connectivity between his country and the Argentine city of Rosario. He made those remarks en route to the ExpoAgro event in nearby San Nicolás.