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MercoPress, en Español

Montevideo, July 29th 2026 - 12:50 UTC

Tag: Javier Milei

  • Friday, March 21st 2025 - 09:32 UTC

    Argentina: Indec finds unemployment on the rise

    The lagging dollar has economic activities stagnating. Milei desperately needs a new loan from the IMF to boost the economy

    Unemployment in Argentina in the last quarter of 2024 rose to 6.4%, up 0.7 points from 5.7% in Q4 2023, but down 0.5 points from Q3 2024 (6.9%), the National Institute of Statistics and Census (Indec) said in a report released Thursday. Joblessness was higher in the Greater Buenos Aires area (7.1%) and lower in Patagonia (4%) while more women (6.9%) than men (6.1%) were going through that plight.

  • Thursday, March 20th 2025 - 10:51 UTC

    Argentina's Lower House greenlights Milei's IMF emergency decree

    Most lawmakers “understood the mandate of the ballot boxes,” Casa Rosada said after the outcome

    Argentina's Lower House Wednesday gave its nod to President Javier Milei's Emergency Decree (DNU) clearing the way for further borrowing from the International Monetary Fund (IMF) to reinforce Central Bank reserves and manage debt by 129 votes in favor, 108 against, and 6 abstentions with endorsements from the ruling La Libertad Avanza (LLA) as well as other parties, such as PRO, UCR, Coalición Cívica, Innovación Federal, Producción y Trabajo, and a group of Encuentro Federal lawmakers. Opposition came primarily from the Peronist Unión por la Patria (UxP), leftwing groups, and other minor factions.

  • Wednesday, March 19th 2025 - 19:09 UTC

    Milei halts scheduled trip to Israel

    Milei was visited at Casa Rosada by Israel's Ambassador Eyal Sela (L) and World Holocaust Remembrance Center and International Holocaust Remembrance Alliance President Dani Dayan (R)

    Argentine President Javier Milei announced Wednesday that he suspended his planned trip to Israel this coming weekend. Although no specific reason was given, it is speculated that the resumption of hostilities against the terrorist group Hamas coupled with various domestic challenges tipped the scale in this direction.

  • Wednesday, March 19th 2025 - 10:55 UTC

    Peronists oppose Milei's intention to take another loan from the IMF

    Milei's DNU circumvented his duty to have Congress approve indebting the country, the PJ argued

    Argentina's Justicialist [Peronist] Party (PJ) led by former President Cristina Fernández de Kirchner (CFK) Tuesday expressed its rejection of President Javier Milei's Emergency Decree (DNU) 179/25 clearing the way for further borrowing from the International Monetary Fund (IMF) with no Congressional approval. The PJ deemed the initiative “illegitimate” and unconstitutional on the grounds that it violated Law 27.612, which requires the Executive to submit full IMF agreement details to Congress, and Article 75 of the National Constitution, which assigns Congress the authority to manage national debt.

  • Tuesday, March 18th 2025 - 10:44 UTC

    Milei holds phone conversation with Zelensky

    Milei's Argentina adopted a change in foreign policy to align with Trump, who called Zelensky a dictator

    Argentine President Javier Milei Monday held a “warm” phone conversation with his Ukrainian counterpart Volodymyr Zelensky to discuss bilateral relations and the peace process with Russia. The South American leader thanked Zelensky for his solidarity and condolences following the floods in Bahía Blanca for which the latter also offered to help. “Ukraine is ready to help Argentina to protect lives and provide the necessary assistance,” Zelensky wrote on X.

  • Monday, March 17th 2025 - 10:58 UTC

    Massa wants to build an alternative to set limits to Milei

    “We have to look for common sense, put the best of us to build unity,” Massa stressed

    Former presidential candidate Sergio Massa made a public reappearance this weekend after months of keeping a low profile following his electoral defeat during a Frente Renovador convention in Buenos Aires. In his speech, he emphasized the importance of setting aside internal differences in search of “building an alternative that sets limits to the current government,” predicting victories in upcoming elections, including in the Autonomous City of Buenos Aires (CABA) and in the Province of Buenos Aires, with which the opposition would boost its parliamentary presence.

  • Monday, March 17th 2025 - 09:04 UTC

    Argentina's “miracle” on hold, says WSJ

    With the mid-term elections in October, any progress will remain on standby for at least half a year, the WSJ foresaw

    According to The Wall Street Journal, Argentina's economic recovery under President Javier Milei is on hold after the Libertarian Government's 2fragile” achievements have investors cautious, awaiting clearer long-term strategies.

  • Wednesday, March 12th 2025 - 20:22 UTC

    Milei spends Wednesday morning in Bahía Blanca

    Milei's trip was kept unnanounced out of security concerns

    Argentine President Javier Milei visited Bahía Blanca to oversee recovery efforts following a devastating storm that killed at least 16 people, although it could be way more since nearly 100 others are still missing. The head of State arrived unannounced at the Comandante Espora naval air base, met with Mayor Federico Susbielles to assess the situation, and inspected the assembly of a military bridge over the flooded Maldonado Channel, aimed at restoring connectivity in heavily affected areas.

  • Tuesday, March 11th 2025 - 10:05 UTC

    Opposition lawmakers file criminal case against Milei over IMF loan decree

    Milei's DNU is in violation, in the first place, of constitutional clauses, lawmakers such as Victoria Tolosa Paz argued

    A group of opposition lawmakers filed a criminal complaint against Argentine President Javier Milei for signing an Emergency Decree (DNU) to enable a new ten-year agreement with the International Monetary Fund (IMF) aimed at canceling non-transferable Treasury bills held by the Central Bank (BCRA). The decree bypassed the traditional legislative process of sending a bill to Congress, which Economy Minister Luis Toto Caputo said was necessary given the urgent need for IMF support.

  • Monday, March 10th 2025 - 10:58 UTC

    CFK lambasts Milei for deal with IMF

    The devaluation of the Argentine peso will be before or after the October mid-term elections, CFK wondered

    Former Argentine President Cristina Fernández de Kirchner (CFK) was heavily critical of the incumbent Javier Milei's intentions to borrow from the International Monetary Fund (IMF) to keep inflation at bay. She argued that Milei's reliance on the Austrian School of economics has led the Libertarian administration to the current situation and that the solutions intended were harmful to Argentina's interests.