At least 13 people were reported dead in the city port of Bahía Blanca some 690 kilometers south of the Argentine capital and three others elsewhere in the province of Buenos Aires after Sunday's storms. Parts of the Buenos Aires Metropolitan Area (AMBA), where one victim was reported, and other provinces were left without electricity for hours.
Argentine President Javier Milei was jeered and called names Sunday when he cast his vote for Andrés Ibarra for president of Club Atlético Boca Juniors at the iconic Bombonera stadium in Buenos Aires before leaving for the storm-hit Bahía Blanca.
Inter-American Development Bank (IDB) President Ilan Goldfajn said his entity has supported Argentina for many years and decades and will continue to do so after President Javier Milei's administration adopted a series of measures he found to be strong.
Argentine President Javier Milei Friday released a live broadcast through his Instagram account explaining that The effort that falls on the private sector is transitory. The head of state added his administration was focused on avoiding hyperinflation.
Argentina's Presidential Spokesman Manuel Adorni Friday confirmed his country was going through hyperinflation since the 1% daily rate mentioned earlier this week by Economy Minister Luis Toto Caputo would result in a 3,678% per annum.
Argentine Economy Minister Luis Toto Caputo said Thursday that inflation in his country stood already at 1% per day and insisted that measures were being taken to get out of this “financial catastrophe” through a classic orthodox stabilization plan. “We are in that process, but we are very confident,” he stressed.
The Argentine Government of President Javier Milei has been granted a loan of nearly US$ 1 billion by the Development Bank of Latin America and the Caribbean (CAF) to face maturities with the International Monetary Fund (IMF) later this month.
Brazil intends to keep a good relationship with Argentina despite the ideological differences between the governments of Javier Milei and Luiz Inácio Lula da Silva, Foreign Minister Mauro Vieira told the Lower House's Foreign Affairs Committee on Wednesday.
President Javier Milei's La Libertad Avanza (LLA) Wednesday managed to get Senator Bartolomé Abdala from the province of San Luis elected Provisional Speaker of the Upper House. The lawmaker thus became second in line to the Casa Rosada behind Vice President Victoria Villarruel, who was praised for her political skills brokering a majority with no help from Peronism to garner 39 votes in favor of Abdala and 29 abstentions with no negative voices.
Argentina's Economy Minister Luis Toto Caputo Tuesday admitted people would be worse off for a couple of months while announcing in a recorded message the new measures adopted by the administration of President Javier Milei to bounce back from the deep crisis.