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Montevideo, November 22nd 2024 - 18:10 UTC

Tag: Javier Milei

  • Tuesday, January 16th 2024 - 10:17 UTC

    Venezuela: Maduro says Milei a “fatal mistake”

    Milei thinks that “by shrinking the State prosperity will be born by spontaneous generation,” Maduro explained

    Venezuelan President Nicolás Maduro Monday said his Argentine counterpart Javier Milei was a “fatal error” because of his State-capping economic policies. “You are a mistake in the history of Latin America, Milei, a fatal mistake in the history of Argentina,” Maduro said during his annual message before the National Assembly in Caracas.

  • Monday, January 15th 2024 - 16:55 UTC

    Violent confrontation leaves five dead and five injured in Argentina

    The authorities will rely on these recordings to identify and prosecute those responsible for the attack.

    A brutal clash erupted on Sunday afternoon within an occupied area in the Buenos Aires town of González Catán, La Matanza, resulting in a massacre: five dead and five injured, two of them critically.

  • Monday, January 15th 2024 - 10:55 UTC

    Milei off to Davos, has meeting arranged with IMF's Georgieva

    Milei is expected to discuss with Georgieva the verbal agreement reached last week between Argentina and the IMF

    Argentine President Javier Milei is departing Monday to Davos, Switzerland, on regular airline flights with stopovers in Frankfurt and Zurich to participate in the World Economic Forum (WEF). According to Casa Rosada sources quoted by local media in Buenos Aires, he is also to have a one-on-one meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva.

  • Saturday, January 13th 2024 - 11:20 UTC

    Argentina to issue larger-denomination banknotes

    Alberdi's liberal views also make him a mirror for President Javier Milei

    Argentina's Central Bank (BCRA) announced this week that would start printing AR$10,000 and AR$20,000 bills (a little under US$ 10 and 20 respectively) to meet the demand for higher-denomination banknotes, it was reported in Buenos Aires. “The issuance of these denominations will facilitate transactions among users,” the BCRA argued in a statement.

  • Saturday, January 13th 2024 - 11:02 UTC

    Milei to visit “nefarious” Pope Francis next month

    Before Francis, Milei is scheduled to appear at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 17

    Argentine-born Pope Francis will have a private meeting at the Vatican on Feb. 11 with Javier Milei, the president of his native country, after the latter spoke ill of the Catholic leader during his election campaign, it was reported in Buenos Aires.

  • Friday, January 12th 2024 - 13:33 UTC

    FMI hopes Milei's plan gets enough political support

    President Javier Milei's administration “is already implementing an ambitious stabilization plan,” Kozack also noted

    International Monetary Fund (IMF) Spokeswoman Julie Kozack Thursday said the global credit agency hoped Argentina's latest measures would have the political support they needed, particularly the adjustments included in the so-called Omnibus Law bill currently in Congress.

  • Friday, January 12th 2024 - 11:11 UTC

    Argentina: Patagonian League relaunched to protect local interests from national gov't

    The Patagonian Governors seek to have a say on issues that have a direct impact on regional economies

    Despite stemming from different political forces, the governors of Argentina's Patagonian provinces Thursday issued a joint statement condemning President Javier Milei's bold approach to the country's economic crisis, particularly his most-encompassing emergency decree (DNU) and the so-called Omnibus Law bill currently in Congress.

  • Friday, January 12th 2024 - 10:34 UTC

    CPI goes up 25.5% in December in Argentina

    “We applied a much deeper adjustment plan than the one requested by the IMF,” Milei explained

    Argentina's National Institute of Statistics and Census (Indec) Thursday said the Consumer Price Index (CPI) for December 2023 went up by 25.5% for an interannual total of 211.4%, it was reported in Buenos Aires.

  • Thursday, January 11th 2024 - 11:20 UTC

    Argentina gets fresh cash from IMF for impending maturities

    “We have to solve the country's addiction to public spending,” Caputo argued

    The Argentine Government of President Javier Milei Wednesday reached an understanding with the International Monetary Fund (IMF) whereby the global credit agency will make a disbursement of nearly US$ 4.7 billion, Economy Minister Luis Toto Caputo confirmed during a press conference in Buenos Aires.

  • Wednesday, January 10th 2024 - 11:21 UTC

    China and new Argentine government find areas to soothe relations

    China has opened its market to a list of 143 products from Argentine agro-business

    Argentine foreign minister Diana Mondino is proving to be an efficient peace maker. Despite president Javier Milei aggressive rhetoric towards the Beijing regime during and after the electoral campaign, Ms. Mondino seems to have managed a working understanding with the Chinese government.