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MercoPress, en Español

Montevideo, May 19th 2024 - 02:00 UTC

Argentina

  • Tuesday, May 7th 2024 - 14:52 UTC

    Argentina introduces 10,000 peso banknotes amid soaring inflation

    Argentina suffers from high inflation – 287.9 % annualized last March – which requires the use of higher denomination banknotes to reduce logistic costs and facilitate transactions. “

    Argentina has introduced a new denomination of banknotes, the 10,000 peso bill (equivalent to about 10 U.S. dollars), in response to the country's ongoing struggle with high inflation. The Central Bank of Argentina (BCRA) announced that these new banknotes will gradually enter circulation starting this Tuesday and be available at bank branches and ATMs nationwide.

  • Monday, May 6th 2024 - 23:28 UTC

    Milei: Malvinas not a priority

    The Libertarian leader praised Thatcher and stressed that the Falklands/Malvinas matter will be a long-term State issue

    Argentine President Javier Milei insisted on praising former British Prime Minister Margaret Thatcher and acknowledged that the Falkland Islands were rightfully to remain under British rule.

  • Monday, May 6th 2024 - 21:59 UTC

    Call warning of a bomb at AMIA HQs a hoax

    It was the second such call this year at the AMIA headquarters

    A bomb threat at the Buenos Aires headquarters of the Argentine Israeli Mutual Association (AMIA) Monday afternoon was determined to be a hoax, according to Federal Police sources and authorities from the Jewish welfare group alike. The detonation of an explosive device at the old AMIA building on July 18, 1994, left 85 people dead and triggered a saga of investigations that have yielded almost no conclusive results to this day.

  • Monday, May 6th 2024 - 18:52 UTC

    No diplomatic conflict between Argentina and Spain following Minister's remarks about Milei

    Adorni stressed the matter should not escalate any further

    Spain's Government Monday ruled out any diplomatic conflict with Argentina after Transport Minister Oscar Puente's derogatory remarks last week against Javier Milei, whose spokesman Manuel Adorni said in Buenos Aires that “for us, it is a settled issue.”

  • Monday, May 6th 2024 - 10:24 UTC

    Air services in Argentina to be affected by workers' strike

    “If flights are canceled, it will not be the responsibility of the workers,” warned ATE General Secretary Rodolfo Aguiar

    Airline services might be disrupted Monday at 24 Argentine airports on Monday as workers plan to hold assemblies between 8 and 11 am to protest against some of the latest measures announced by the Libertarian administration of President Javier Milei and also in anticipation of others that may come into force should the so-called Omnibus Law bill be passed by the Senate after the Lower House's nod last week.

  • Monday, May 6th 2024 - 08:34 UTC

    Legendary Argentine football coach César Menotti dies aged 85

    Menotti coached Argentina to the world title in 1978 and was manager of all national teams at the FA at the time of his death

    César Luis Menotti, the man who coached Argentina to their first World Cup title in 1978 at home and was in charge of the Argentine Football Association (AFA) management that put together the team that won the Qatar 2022 version, died Sunday in Buenos Aires, aged 85. Menotti had been hospitalized weeks ago with a severe anemia but was discharged days later.

  • Monday, May 6th 2024 - 08:04 UTC

    Milei lands in LA for gathering with world personalities

    Milei will be the only sitting head of state attending the event also featuring Bill Clinton, Theresa May and Elon Musk among others

    Argentine President Javier Milei arrived in Los Angeles Sunday to participate at Milken Institute's global conference too be staged Monday at the Hilton Hotel in Beverly Hills bringing together a series of world political and business leaders. It is Milei's fourth trip to the United States since winning the elections and third since he took office.

  • Saturday, May 4th 2024 - 10:55 UTC

    Milei's Office condemns slanderous statements by Spanish official

    PM Sánchez has more urgent matters to focus on, the Office of the Argentine President said in a statement

    The Government of Argentina was angered Friday after Spain's Transport Minister Oscar Puente said President Javier Milei was “ingesting substances.” Casa Rosada replied with a communiqué outlining the alleged involvement of Prime Minister Pedro Sánchez's wife in a case of corruption that nearly led to his resignation and insisted Madrid should remain focused on those affairs.

  • Friday, May 3rd 2024 - 10:59 UTC

    Mondino says all Chinese people look the same and becomes social media laughingstock

    Mondino was in Paris to negotiate Argentina's accession to the OECD

    Argentine Foreign Minister Diana Mondino took heavy social media flak Thursday after her remarks in a newspaper interview that all Chinese people looked the same. Therefore nobody could know whether or not the staff at the controversial base in the Neuquén province were scientists.

  • Thursday, May 2nd 2024 - 19:39 UTC

    Argentina's BCRA again lowers basic interest rates in less than one week

    It was the fifth cutdown since the Libertarian administration of President Javier Milei took office in December last year

    Argentina's Central Bank (BCRA) once again lowered the benchmark interest rate from 60% to 50%. It was the fifth cutdown since the Libertarian administration of President Javier Milei took office in December last year. Thus, yields from fixed-term deposits will fall monthly from the current 5% per month to 4.2% for an annual effective rate of 64.8%.