Argentina

• Monday, May 6th 2024 - 10:24 UTC

  Air services in Argentina to be affected by workers' strike

  

  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.

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• Monday, May 6th 2024 - 08:34 UTC

  Legendary Argentine football coach César Menotti dies aged 85

  

  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.

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• Monday, May 6th 2024 - 08:04 UTC

  Milei lands in LA for gathering with world personalities

  

  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.

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• Saturday, May 4th 2024 - 10:55 UTC

  Milei's Office condemns slanderous statements by Spanish official

  

  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.

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• Friday, May 3rd 2024 - 10:59 UTC

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

  

  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.

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• Thursday, May 2nd 2024 - 19:39 UTC

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

  

  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%.

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• Thursday, May 2nd 2024 - 19:11 UTC

  Argentina: Drop in retail prices expected soon

  

  In line with President Javier Milei's chainsaw politics to curb inflation, Argentine supermarkets expect a drop in retail prices shortly once imported items arrive to compete with local production as agreed upon with the Economy Ministry in March, it was reported in Buenos Aires.

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• Wednesday, May 1st 2024 - 23:50 UTC

  Mondino assured of China's support for Argentina's stance regarding Malvinas/Falkland issue

  

  Although Argentine Foreign Minister Diana Mondino had the near-impossible task of putting her country on good terms with China despite President Javier Milei's disparaging campaign comments, some common ground was reached this week as the South American diplomat reaffirmed the one-China principle and Beijing backed Argentina's claim to the Falkland/Malvinas Islands.

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• Wednesday, May 1st 2024 - 21:28 UTC

  Argentine unions ratify May 9 general strike against Milei's policies

  

  Argentina's main unions insisted Wednesday during the Labor Day demonstrations that the plans for the May 9 general strike against President Javier Milei's economic reforms that are affecting people's purchase power were “not in doubt.” Healthcare workers union leader Héctor Daer, who co-chairs the General Labor Confederation (CGT), also explained that “We are going to go ahead with the struggle plan that we have been developing. When the measure was announced, Argentina ”was bad and now it is worse.”

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• Tuesday, April 30th 2024 - 23:02 UTC

  Argentina's Lower House okays extra powers to President Milei

  

  Argentina's Lower House Tuesday agreed to grant President Milei on a temporary basis certain decision-making powers originally reserved by the Constitution to the Legislative Branch, it was reported in Buenos Aires. The neverending Parliamentary session also decided in favor of the partial and full privatization of several state-owned companies, among other topics included in the so-called “Omnibus Law” bill -formally the Bases Law draft that Milei regards as the starting point of his “chainsaw” economic policies.

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