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MercoPress, en Español

Montevideo, April 22nd 2025 - 15:53 UTC

Tag: Javier Milei

  • Tuesday, September 24th 2024 - 10:11 UTC

    Argentina's bonds slump after Milei's NYSE speech

    Milei said Argentina would lift all exchange rate controls once zero percent inflation is achieved, which was not welcome in financial circles

    Argentine bonds on Wall Street fell up to 3.6% on average Monday after President Javier Milei's speech before the New York Stock Exchange (NYSE), during which he announced that his government would release the currency exchange rate controls once zero percent inflation is achieved. During his speech on Monday, Milei also rang the traditional bell that starts stock market operations.

  • Monday, September 23rd 2024 - 22:07 UTC

    Venezuela's Supreme Court okays Milei's prosecution

    The Boeing 747-300 freighter was said to have been used by Iran's Mahan Air for logistics support to terrorist operations abroad

    The Criminal Chamber of Venezuela's Supreme Court (TSJ) Monday gave its nod to the prosecution of Argentine President Javier Milei, Presidential Secretary Karina Milei, and Security Minister Patricia Bullrich in connection with the impounding and handing over of Emtrasur's Boeing 747-300 freighter handed over to the United States where the aircraft was wanted for its alleged involvements in terrorist activities under its previous Iranian ownership.

  • Monday, September 23rd 2024 - 08:35 UTC

    Power cuts inevitable in Argentina during next summer

    “The Energy Secretariat is working on the issue,” Francos also explained

    Argentina's Cabinet Chief Guillermo Francos reckoned there might be scheduled power cuts during the summer despite recent fare adjustments that represented a significant increase for most households. He argued that the measure would be the consequence of the lack of investments in recent years.

  • Thursday, September 19th 2024 - 10:27 UTC

    Venezuela issues arrest warrants against Milei, his sister and Minister Bullrich

    Saab called Milei “the most ferocious violator of human rights in the continent”

    Venezuela's Public Prosecutor's Office announced Wednesday the opening of an inquiry against Argentine President Javier Milei for alleged crimes against humanity and the “theft” of a Venezuelan state-owned airplane handed over to the United States. As a result, arrest warrants were issued against Milei, his sister and Presidential Secretary Karina Milei, and Security Minister Patricia Bullrich.

  • Thursday, September 19th 2024 - 10:17 UTC

    Argentina: Adorni promoted to ministerial rank

    Adorni holds daily press briefings among other tasks and his duties do not overlap with those of Press Secretary Eduardo Serenellini

    Argentina's Presidential Spokesman Manuel Adorni has been promoted to Minister. President Javier Milei also insists that “there is no money” and vows to do his utmost to achieve a zero fiscal deficit while curbing government expenditures.

  • Monday, September 16th 2024 - 10:01 UTC

    Milei launches “zero deficit” budget bill for 2025

    Milei said he would veto any bill endangering the zero deficit goal

    Argentine President Javier Milei appeared before Congress Sunday to submit the 2025 budget bill foreseeing an exchange rate of AR$ 1,207 against the US dollar and annual inflation reaching 18.3% after a projected Gross Domestic Product (GDP) growth.

  • Thursday, September 5th 2024 - 10:45 UTC

    Argentina, only country in the region with a contracting economy

    More and more Argentines keep falling daily into poverty or indigence

    Less than a year into the government of Libertarian President Javier Milei, Argentina will be the only country in the region with negative growth in 2024, according to projections by the World Bank, the International Monetary Fund (IMF), ECLAC, and BBVA, which forecast a 3.2% contraction of Gross Domestic Product (GDP) in South America's second-largest economy.

  • Monday, September 2nd 2024 - 11:40 UTC

    Milei vetoes pensions increase but faces Congress' reprisal

    Milei cited the Senate's Rulebook requirement that every bill includes in its foundations its source of financing

    Argentine President Javier Milei vetoed in its entirety Bill 27.756 providing for an increase in the wages of senior citizens and pensioners. The measure became effective after appearing in Monday's issue of the Official Gazette.

  • Wednesday, August 28th 2024 - 10:55 UTC

    Milei announces documentary about his path to Casa Rosada

    The six-episode production will be broadcast through X

    Argentine President Javier Milei Tuesday launched a film series on his fast political career to be made available through the social media platform X. The docuseries still has no premiere date and will be directed by Casa Rosada's regisseur Santiago Oría. The production will be titled “From Zero to President. The Phenomenon that Captivates the World.”

  • Wednesday, August 28th 2024 - 09:11 UTC

    Argentina: Congresswoman Arrieta leaves LLA bloc – ruling party feebler?

    Menem fears that discrepancies within LLA's bloc fuels destabilizing rumors

    Congresswoman Lourdes Arrieta announced Tuesday that she was resigning from La Libertad Avanza's bloc to form her one-seat force in the Lower House. After being involved in a series of incidents regarding the visit of a group of lawmakers to incarcerated human rights violators during the 1976-1983 dictatorship, Arrieta claimed that “I cannot be part of a party where I am not respected.”