
Argentine President Javier Milei confirmed Monday upon his return from Spain that there will be no May Pact as he had planned because the so-called Omnibus Law -officially known as the Bases Law- has not yet been approved by the Senate.

Argentine President Javier Milei insisted on questioning Spanish Prime Minister Pedro Sánchez's wife's clear sheet and triggered yet another diplomatic controversy for the South American country since he took office on Dec. 10, 2023.

The European Union's top diplomat Josep Borrell criticized Argentine President Javier Milei for his derogatory remarks in Madrid targetting Prime Minister Pedro Sánchez's wife Begoña Gómez and insisted that attacks against relatives of political leaders have no place in our culture. Borrell thus became just another voice condemning the South American leader's attitude.

Argentine President Javier Milei landed Friday in Madrid after a refueling stopover in the Canary Islands, for a series of engagements, none including a member of the Spanish government or the royal house. Also aboard the ARG 01 aircraft was Presidential Secretary Karina Milei.

Despite victorious announcements from President Javier Milei's government, industrial activity in Argentina fell for the tenth consecutive month amid a growing loss of purchasing power. Interannually, a 17.2% drop was recorded after March's 4.7% decline. In addition, the first quarter of 2024 showed a year-on-year 11.7% slide.

International Monetary Fund (IMF) Spokeswoman Julie Kozack said that Argentina needed to lift the exchange rate ceiling if the government were to protect the country's Central Bank reserves. Kozack's remarks during a press conference came a day after Economy Minister Luis Toto Caputo announced that the South American nation was on course to dollarization.

Argentine Economy Minister Luis 'Toto' Caputo said Wednesday that the Libertarian administration of President Javier Milei had that the Government has “everything ready for dollarization.” The “recovery is very close,” he added as the “blue” (a euphemism for “black market”) dollar bounced back after it became evident that the government would be unable to deliver on Milei's promise to have an agreement signed with the provincial governors by May 25.

Argentine President Javier Milei became overtly extrovert on social media Tuesday after the National Institute of Statistics and Census (Indec) announced that April's monthly Consumer Price Index (CPI) had stood at 8.8%. “GOOOOOOOOOOOOOOOOOOOL...!!!!,” he wrote in football-fan mode. Meanwhile, Presidential Spokesman Manuel Adorni said inflation had “its death certificate signed.”

A Buenos Aires court Monday validated a plea agreement with the prosecution whereby the man who threw a bottle at President Javier Milei's motorcade on inauguration day has been sentenced to three and a half years in prison. In the incident, the perpetrator nearly missed the head of state's head and hit a security guard instead.

Argentina's Presidential Spokesman Manuel Adorni said in an interview with Montevideo's El País that Presidents Luis Lacalle Pou and Javier Milei had different points of view regarding the State's role in each country's economy. The official also addressed the delay in materializing an encounter between both heads of state despite the short geographical distance separating them.