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MercoPress, en Español

Montevideo, November 22nd 2024 - 05:19 UTC

Tag: Javier Milei

  • Monday, March 18th 2024 - 10:35 UTC

    Argentines faring worse off under Milei

    Average salaries are not enough to purchase one basic food basket and Argentines are looking for second jobs to make ends meet

    Despite the apparent success of Argentine President Javier administration's policies to curb inflation, various reports last week showed plummetting figures regarding economic activity and welfare. To fight growing retail prices, the Libertarian Government authorized imports of yerba mate, dairy products, meat, rice, and even sugar.

  • Monday, March 18th 2024 - 10:17 UTC

    Milei invited to Miami to receive accolade from Jewish Community

    Milei will be out of Buenos Aires between April 8 and 11. No meeting with Trump has been arranged for now

    Argentine President Javier Milei will travel to Miami during the second week of April to receive the “Ambassadors of Light” distinction from the local Jewish community, it was announced during the weekend. TTraveling with the head of state will be his sister and Presidential Secretary Karina Milei.

  • Friday, March 15th 2024 - 20:22 UTC

    May Pact in doubt after Thursday's outcome at the Senate, warns Milei

    Milei said he was confident the DNU would get through the Lower House and remain in force

    Argentine President Javier Milei said Friday that Thursday's Senate setback casted doubts on the signing of the so-called May Pact he launched during his State of the Nation speech on March 1. The Upper House voted by 42 to 25 and 4 abstentions against Milei's most-encompassing emergency Decree (DNU) 70/23 which will nonetheless remain in force pending the Lower House's decision.

  • Friday, March 15th 2024 - 13:16 UTC

    The three objectives of Argentine foreign policy, minister Diana Mondino

    Minister Mondino during the AmCham conference

    Argentine Foreign Affairs, International Trade and Worship minister, Diana Mondino said that three are the main foreign policy objectives of the government of president Javier Milei, international trade and treaties, regional integration and improving logistic costs and returning Argentina to a position of international relevance and prestige, a reliable country with a respected loud voice worldwide, in a context of clear and fair rules of the game so promote corporations from the private sector.

  • Friday, March 15th 2024 - 09:43 UTC

    Argentina: Senate gives thumbs down to Milei's DNU

    “I am not going to become Cristina Fernández de Kirchner,” Villarruel said

    Argentina's Senate Thursday voted by 42 to 25 and 4 abstentions against President Javier Milei's most-encompassing emergency Decree (DNU) 70/23 which will nonetheless remain in force pending next week's outcome at the Lower House. A positive result would keep the measure alive barring any declaration of unconstitutionality by the courts.

  • Thursday, March 14th 2024 - 19:29 UTC

    S&P downgrades Argentina's rating in local currency

    Downgrading Argentina's foreign currency status will hinge on political developments affecting the economic policy, S&P explained

    Despite Argentine President Javier Milei's stringent measures to curb inflation, his country took another slump Wednesday after the international credit rating agency Standard & Poor's (S&P) declared it in “Selective Default” following a domestic debt swap worth some U$S 55.3 billion in pesos with local creditors.

  • Thursday, March 14th 2024 - 10:59 UTC

    Rift between Milei and Villarruel goes public over DNU Senate debate

    “The Executive Branch reaffirms its unwavering commitment to the 0% deficit, leaving behind the failed recipes of the political caste,” Milei said in a tone Villarruel disapproved of

    Argentine President Javier Milei Wednesday cautioned Vice President Victoria Villarruel and a group of Senators as they were about to debate the most encompassing emergency decree (DNU) 70/2023 which liberalizes the economy but needs Parliamentarian approval (or silence) to remain in force.

  • Wednesday, March 13th 2024 - 10:29 UTC

    Argentina: Inflation in February reaches 13.2%, according to Indec

    Prices went up above inflation projections, Adorni said in a press conference. Retailers foresaw a catastrophe that did not happen, he added

    According to a report from Argentina's National Institute of Statistics and Census (Indec) released Tuesday in Buenos Aires, the South American country's Consumer Price Index (CPI) went up 13.2% in February of 2024 for a yoy total of 276% amid notorious declines in industry, construction, and consumption.

  • Tuesday, March 12th 2024 - 21:42 UTC

    Venezuela blocks Argentine aircraft from its airspace in retaliation for cargo plane seizure

    In response to Argentina's actions, Venezuelan Foreign Minister criticized the “neo-Nazi government” of Argentina and accused it of piracy and robbery against Venezuela.

    Venezuela has announced the closure of its airspace to aircraft originating from or bound for Argentina, following the seizure of a cargo plane that was subsequently handed over to U.S. authorities. Venezuelan Foreign Minister Yván Gil declared, “Venezuela exercises full sovereignty in its airspace,” vowing that “no aircraft” from Argentina will be permitted to fly over Venezuelan territory until compensation is provided for damages caused by the seizure.

  • Tuesday, March 12th 2024 - 11:05 UTC

    Milei sacks official responsible for outrageous pay hike

    Yasín (right) learned about his dismissal from Milei's statement during a TV interview

    Argentine President Javier Milei Monday sacked Labor Secretary Omar Yasín following the scandal whereby a 48% pay hike decreed for Casa Rosada staffers ended up impacting the salaries of the head of state and all cabinet members. “He made a mistake he should not have made,” Milei argued about the lawyer stemming from the ranks of former President Mauricio Macri's PRO.