Argentine President Javier Milei Tuesday told the United Nations General Assembly in New York that his country would be dropping its traditional neutrality and taking sides in ongoing conflicts. He also said the global organization was seeking to “impose an ideological agenda” instead of “pursuing peace” in the world by allowing “bloody dictatorships” in.
Colombian President Gustavo Petro criticized the advance of global right leaders who chant “Long fucking live freedom but mean only the freedom of the richest 1% of the world's population.” Although he did not mention him by name, Petro was undoubtedly referring to his Argentine colleague Javier Milei's war cry. “Their mercantile and free sentiment leads to the destruction of the atmosphere and of life,” Colombia's first-ever leftwing head of state elaborated in defense of the environment.
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.
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.
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.
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.
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.
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.
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.
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.