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MercoPress, en Español

Montevideo, May 24th 2026 - 15:15 UTC

Tag: Javier Milei

  • Wednesday, May 22nd 2024 - 23:03 UTC

    Spain, Norway, and Ireland recognize Palestine's statehood

    Terrorism pays, Israel's Foreign Minister Yisrael Katz said after the announcements

    Spanish Prime Minister Pedro Sánchez Wednesday announced that his country would be recognizing Palestine's statehood as of May 28. In addition to Spain, Norway and the Republic of Ireland will be adopting the same stance. It was the Socialist leader's second bold diplomatic move this week after pulling Madrid's Ambassador María Jesús Alonso Jiménez from Buenos Aires. Of the 193 United Nations member states, 143 have recognized an independent state of Palestine, including China and Russia.

  • Wednesday, May 22nd 2024 - 19:45 UTC

    Milei gets ready for rock concert as “blue” dollar gets back on a surging path

    There is a 41% gap between the official and the black market quotations of the US dollar

    The “blue” version (a euphemism for “black market”) of the US dollar against the Argentine peso was still going up Wednesday as President Javier Milei was planning to make his first appearance as the leader of a rock band at Buenos Aires' iconic Luna Park stadium. According to local media, one US dollar was quoted at AR$ 1,235 / 1,255 (buy sell at Buenos Aires' “caves” (unofficial money exchange parlors), which represented an AR$ 25 increase from the previous day for a 41% gap with the official rate.

  • Tuesday, May 21st 2024 - 23:41 UTC

    Spain pulls ambassador from Buenos Aires permanently

    Milei says Sánchez will be laughed at for his decision

    The Government of Spain announced Tuesday that it would be pulling Ambassador María Jesús Alonso Jiménez from Buenos Aires on a permanent basis after Argentine President Javier Milei's derogatory comments about Prime Minister Pedro Sánchez during the weekend in Madrid.

  • Tuesday, May 21st 2024 - 10:24 UTC

    No May Pact, but celebrations in Córdoba still on

    Milei is said to be looking ahead to the 2025 mid-term elections already

    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.

  • Monday, May 20th 2024 - 10:59 UTC

    Milei's words in Spain trigger new diplomatic conflict

    Spain wants an apology that is not going to happen, according to Spokesman Adorni

    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.

  • Monday, May 20th 2024 - 10:36 UTC

    Milei's deficient diplomacy triggers concurring responses

    Milei keeps steering Argentine into diplomatic conflicts owing to mere “ideological tantrums of the president,” Lousteau stressed

    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.

  • Friday, May 17th 2024 - 20:18 UTC

    Milei lands in Madrid, praises his administration's achievements

    During the weekend, Milei is also scheduled to hold encounters with Spanish businesspeople

    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.

  • Friday, May 17th 2024 - 11:59 UTC

    Argentina's industrial activity keeps dropping

    The sharp drop can be partly explained by last year's “soybean” dollar boosting sales abroad

    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.

  • Thursday, May 16th 2024 - 19:08 UTC

    Argentina needs to solve its exchange rate problem, IMF spokeswoman says

    Milei's government will need to evolve to keep its successful plan going, Kozack warned

    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.

  • Thursday, May 16th 2024 - 10:58 UTC

    Argentina getting ready to dollarize its economy, minister says

    Argentina still needs to terminate the “stocks” holding the parity between the local peso and the US dollar, Caputo explained

    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.