Argentina's Cabinet Chief Guillermo Francos reckoned there might be scheduled power cuts during the summer despite recent fare adjustments that represented a significant increase for most households. He argued that the measure would be the consequence of the lack of investments in recent years.
Venezuela's Public Prosecutor's Office announced Wednesday the opening of an inquiry against Argentine President Javier Milei for alleged crimes against humanity and the theft of a Venezuelan state-owned airplane handed over to the United States. As a result, arrest warrants were issued against Milei, his sister and Presidential Secretary Karina Milei, and Security Minister Patricia Bullrich.
Argentina's Presidential Spokesman Manuel Adorni has been promoted to Minister. President Javier Milei also insists that there is no money and vows to do his utmost to achieve a zero fiscal deficit while curbing government expenditures.
Argentine President Javier Milei appeared before Congress Sunday to submit the 2025 budget bill foreseeing an exchange rate of AR$ 1,207 against the US dollar and annual inflation reaching 18.3% after a projected Gross Domestic Product (GDP) growth.
Less than a year into the government of Libertarian President Javier Milei, Argentina will be the only country in the region with negative growth in 2024, according to projections by the World Bank, the International Monetary Fund (IMF), ECLAC, and BBVA, which forecast a 3.2% contraction of Gross Domestic Product (GDP) in South America's second-largest economy.
Argentine President Javier Milei vetoed in its entirety Bill 27.756 providing for an increase in the wages of senior citizens and pensioners. The measure became effective after appearing in Monday's issue of the Official Gazette.
Argentine President Javier Milei Tuesday launched a film series on his fast political career to be made available through the social media platform X. The docuseries still has no premiere date and will be directed by Casa Rosada's regisseur Santiago Oría. The production will be titled “From Zero to President. The Phenomenon that Captivates the World.”
Congresswoman Lourdes Arrieta announced Tuesday that she was resigning from La Libertad Avanza's bloc to form her one-seat force in the Lower House. After being involved in a series of incidents regarding the visit of a group of lawmakers to incarcerated human rights violators during the 1976-1983 dictatorship, Arrieta claimed that I cannot be part of a party where I am not respected.
Libertarian Congresswoman Lourdes Arrieta, who gained notoriety for claiming she did not know who the people she visited with a group of fellow lawmakers at the Ezeiza penitentiary because she had been born in 1993, keeps undermining whichever unity President Javier Milei's Parliamentarians might have left by denouncing House Speaker Martín Menem for allegedly labeling the female deputies of his bloc as ”whores.
Self-proclaimed anarcho-capitalists ought to be skeptical of large standing armies. President Javier Milei of Argentina seems to relish them. Even as he tightens the government purse, he has committed to raising defense spending from 0.5% of gdp to 2% over the next eight years. He vows to “restore the prestige” of the army and transform it into a hi-tech force.