Tag: Argentina

China Responds to the U.S. Treasury Secretary’s Slander
Scott Bessent claimed that cooperation with China occurs through ‘predatory agreements’ that increase countries’ debt. On Tuesday, through a statement issued by its embassy in Argentina, China rejected the slander and defamatory remarks made by U.S. Treasury Secretary Scott Bessent on April 14. RELATED: Spain Becomes a Key Player in China’s Rapprochement With Europe During […]
April 15, 2025

Milei Liberalizes the Purchase of U.S. Dollars in Argentina
The far-right president eliminated restrictions on the purchase of dollars that had existed for over a decade. On Friday, Argentine President Javier Milei eliminated the so-called “currency clamp,” a set of restrictions on the purchase of U.S. dollars. RELATED: Argentine Unions Hold General Strike After Retirees Protest “Today we were able to remove the last […]
April 14, 2025

Argentine Unions Hold General Strike After Retirees Protest
This is the third general strike that Argentines have organized against far-right President Javier Milei. On Thursday, the General Confederation of Labor (CGT), Argentina’s largest labor union federation, called for a 24-hour general strike to protest President Javier Milei’s austerity policies. RELATED: Cuban Foreign Minister Reaffirms Support for Argentina’s Sovereignty Over Malvinas Islands The strike, […]
April 10, 2025

Argentina’s Senate Rejects Supreme Court Nominees: A Major Blow to Javier Milei’s Government
Argentina’s Senate rejects Javier Milei’s Supreme Court nominees in a historic 51-20 vote, escalating tensions between the president and Congress. The government calls it a ‘political attack.’ Related: Argentine Senate Deals Two Blows to Far-Right President Milei Argentina’s Senate dealt a significant setback to President Javier Milei’s administration on Thursday by rejecting the nominations of […]
April 3, 2025

Milei Weakens Argentine Sovereignty Over the Malvinas Islands: Fernandez-Kirchner
His actions on the Malvinas Issue have been characterized by over-ideologization, defunding, and diplomatic malpractice. On the occasion of the 43rd anniversary of the start of the Malvinas War, former Argentine President Cristina Fernandez- Kirchner criticized President Javier Milei for yielding to the interests of foreign powers and weakening Argentina’s historic defense of its sovereignty […]
April 2, 2025

Argentines Remember the Malvinas War’s Heroes
President Javier Milei made statements that contradict Argentina’s claim to sovereignty over the islands. On Wednesday, Argentinians remember the soldiers who died fighting against British forces in the Malvinas islands. Between April 2 and June 14, 1982, this armed conflict arose from the dispute over control of the archipelago, resulting in the deaths of 649 […]
April 2, 2025

Lack of Transparency in the IMF Loan Increases Argentina’s Country Risk
In anticipation of the legislative elections, Milei is trying to curb the collapse of the Central Bank’s reserves. On Monday, Argentina’s risk premium jumped by 8.2%, reaching 863 basis points, in less than 24 hours. The U.S. dollar in the uncontrolled market rose to 1,325 pesos, experiencing a 2% increase. RELATED: Argentina Acquires a Huge […]
March 31, 2025

Argentina Acquires a Huge Debt With the IMF to ‘Calm the Market’, Caputo Acknowledges
In essence, Argentina is seeking to borrow US$50 billion to pay off a previous US$46 billion debt to the IMF. On Thursday, Argentine Economy Minister Luis Caputo acknowledged that President Javier Milei is negotiating loans worth US$20 billion with the International Monetary Fund (IMF). RELATED: Argentines Will Only Be Able to Collect 80% of a […]
March 27, 2025

Argentine Police Attack Retirees Protesting Against Milei’s Policies
‘Officials are criminals. They are killing us by depriving us of medicine and food,’ said an Insurgent Retirees activist. On Wednesday, the Argentine police harshly repressed retirees who took to the streets in Buenos Aires to demand better pensions. RELATED: Argentina: At Least 672 Injured, 114 Arrested After Repression On Retirees Demonstration While the retirees […]
March 27, 2025

Argentines Will Only Be Able to Collect 80% of a Retirement Pension
The elimination of the ‘Pension Moratorium’ policy will impact women more than men. Argentine President Javier Milei has decided not to support the “pension moratorium”, a policy that allows individuals who have not made sufficient social security contributions throughout their working lives to still qualify for a retirement pension. RELATED: Venezuela Salutes Argentines on the […]