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MercoPress, en Español

Montevideo, July 26th 2025 - 01:23 UTC

Tag: Mauricio Macri

  • Saturday, March 3rd 2018 - 10:23 UTC

    Macri confirms gradualist approach to economic reforms in speech to Congress

    “They ask us for a shock adjustment, and to them I say we came here to reduce poverty and make sure that no Argentine goes hungry,” Macri told a full house

    In his speech to Congress marking the opening of this year’s legislative session, Argentine president Mauricio Macri defended his business-friendly government’s so-called “gradualist” approach to economic reforms from critics who argue he should move faster to cut government spending and lower taxes in order to boost growth and attract investment.

  • Wednesday, February 28th 2018 - 09:56 UTC

    Menem forecasts Peronism will rise from the ashes and be government in 2019

    “Look where we are”, said Menem in reference to Cristina Fernandez administrations, but also questioned the current Macri government on inflation. (Pic CNN)

    Former Argentine president Carlos Menem rated the government of Cristina Fernandez one, out of a scale of ten, and with a smile told a CNN interviewer that all Argentine governments had been exposed to corruption except his. He also anticipated that Peronism will “rise from the ashes” and return to government in 2019.

  • Tuesday, February 27th 2018 - 06:32 UTC

    Argentina's foreign policy according to Jorge Faurie: Intelligent Insertion

    Minister Faurie with Secretary of State Rex Tillerson (L)

    Argentina foreign minister Jorge Faurie has written a long column, (full tabloid page) in Buenos Aires daily Clarin, under the heading of “Intelligent Insertion” describing motives and objectives of the country's foreign policy under president Mauricio Macri, driven by the principle of an intelligent insertion in the international scenario. The final commitment of Macri's administration is reducing poverty and improving Argentines' life quality.

  • Friday, February 23rd 2018 - 09:13 UTC

    Argentine farmers agree to pay royalties to seed companies like Monsanto

    Argentina’s 1973 seed law allows farmers to use seeds generated from their harvests freely in later plantings, unlike their counterparts in the United States.

    Argentine farmers have agreed to pay perpetual royalties when they replant genetically modified seeds made by companies like Monsanto Co, a deal that could allow farmers access to the newest biotechnology.

  • Thursday, February 22nd 2018 - 09:41 UTC

    Argentine union leader Moyano remembers Macri where the real opposition stands

    Organizers estimated that the rally attracted some 300.000 peaceful self regulated protestors mostly arrived in hundreds of buses contracted by teamsters

    Argentina's teamsters powerful boss, Hugo Moyano supported by members from banks, judicial and teachers unions, plus social, picketers and left wing groupings, together with Kirchner followers marched on downtown Buenos Aires Wednesday evening for a huge rally to protest President Mauricio Macri's economic policies and attempts to reform labor legislation.

  • Tuesday, February 20th 2018 - 09:23 UTC

    Union leader political rally in Buenos Aires to challenge Macri and his policies

    Moyano and his teamsters, supported by the bank employees and teachers unions are protesting against a 15% cap on the next round of salary negotiations

    The Argentine powerful teamsters union will be holding their first political rally in downtown Buenos Aires this Wednesday in a clear defiance of President Mauricio Macri's policies to combat inflation, launch the economy and attract foreign direct investors. Hugo Moyano a member of the unions' umbrella organization has promised to convene some 300.000 workers and has anticipated that any incidents will be the responsibility of the government.

  • Saturday, February 17th 2018 - 09:59 UTC

    Argentina moves closer to the US in security and crime-fighting policies

    Argentina’s security relationship with the US has been growing closer since late 2015 when Macri took office promising to take a harder line against crime

    Argentina is taking new steps to solidify its security relationship with the United States, a move that may be aimed at generating support — both political and material — for a shift toward more hard-line domestic crime-fighting policies. In a trip to the United States last week, Argentine Security Minister Patricia Bullrich met with several top US officials to discuss security issues.

  • Saturday, February 17th 2018 - 09:55 UTC

    Argentine January inflation 1.8%; minister admits it is a slower pace than expected

    Last year, the annual inflation reached 24.8%, well above the central bank's target for 2017, of between 12% and 17%.

    Argentina's Consumer Price Index (CPI) rose by 1.8% in January 2018, after increasing 3.1% in December 2017, said the country's statistics office Indec. Despite the deceleration, the reading was higher than market expectations for the monthly consumer price inflation (+1.5%). The result was primarily influenced by higher costs for entertainment and culture (+3.5%).

  • Thursday, February 15th 2018 - 09:45 UTC

    Argentina central bank holds benchmark rate at 27.25%; inflation data on Thursday

    The central bank lowered rates in each of the prior two decisions it had taken since government loosened its 2018 inflation target to 15%, from 8-12% previously

    Argentina’s central bank held its benchmark seven-day interbank lending rate at 27.25% on Wednesday, the monetary authority said in a statement, amid an increase in inflation expectations and “mixed signals” in prices so far this year.

  • Wednesday, February 14th 2018 - 07:10 UTC

    The Wall Street Journal: “Inflation stalks Macri in Argentina”

    Macri faces a precarious fiscal situation caused by runaway government spending and slow growth.

    The Wall Street Journal has published a piece on the political situation of Argentine president Mauricio Macri, battling inflation, an undelivered electoral pledge, and allegedly very much aware of a long standing spell: no non Peronist president has been able to complete the mandate for which he was elected.