Chilean President Gabriel Boric Font, speaking at the Inter-American Development Bank (IDB) annual meeting in Santiago Friday, underlined the importance of long-term projects and institutional stability over short-term, drastic reforms like the ones implemented by his Argentine colleague Javier Milei, whom he was obviously referring to, since he used the Libertarian's “chainsaw” war cry, which US Department of Government Efficiency Chief Elon Musk has also echoed.
Argentina is experiencing a sharp increase in food prices, complicating the government's goal of keeping inflation close to 2%. Private consulting firms report that food prices rose by approximately 3.2% to 4% so far this month, with total inflation projected to be between 2.4% and 3%. Key drivers include dairy and eggs (up 5.8%), meat (up 5%), vegetables (up 3.3%), and beverages (up 2.2%).
Presidents Emmanuel Macron of France and Argentina's Javier Milei held a telephone conversation Tuesday, during which the European leader conveyed his strong support to the Libertarian administration's negotiations with the International Monetary Fund (IMF). The Argentine people can always count on France, Macron stressed. His country has a 4.03% voting power on the IMF executive board, ranking fifth globally. Milei and Economy Minister Luis Toto Caputo thanked Macron on social media for his message while the IMF was discussing Argentina's case at it Washington DC headquarters.
Argentine President Javier Milei announced Monday two significant declassification initiatives. First, at the request of US Senator Steve Daines, he ordered the release of all official documents related to Nazis who sought refuge in Argentina after World War II, Cabinet Chief Guillermo Francos confirmed. These files, primarily held by the Defense Ministry, include financial records and their release would end decades of secrecy.
Argentine human rights organizations gathered Monday at Buenos Aires' Plaza de Mayo to deliver a speech marking the 49th anniversary of the Military Junta's uprising against María Estela Martínez de Perón. During the National Memory, Truth, and Justice Holiday, they once again addressed the disappearances and tortures during the dictatorship while blaming President Javier Milei and Vice-President Victoria Villarruel for their denialist approach to the issue.
The Argentine Government of President Javier Milei Monday released a video on social media saying March 24, 2025, should be the “Day of Complete Memory” on the 49th anniversary of the Military Junta uprising headed by Lieutenant General Jorge Rafel Videla, marking the beginning of the self-appointed National Reorganization Process which ended up in the 1982 Falklands/Malvinas War and a return to democratic rule the following year.
Unemployment in Argentina in the last quarter of 2024 rose to 6.4%, up 0.7 points from 5.7% in Q4 2023, but down 0.5 points from Q3 2024 (6.9%), the National Institute of Statistics and Census (Indec) said in a report released Thursday. Joblessness was higher in the Greater Buenos Aires area (7.1%) and lower in Patagonia (4%) while more women (6.9%) than men (6.1%) were going through that plight.
Argentina's Lower House Wednesday gave its nod to President Javier Milei's Emergency Decree (DNU) clearing the way for further borrowing from the International Monetary Fund (IMF) to reinforce Central Bank reserves and manage debt by 129 votes in favor, 108 against, and 6 abstentions with endorsements from the ruling La Libertad Avanza (LLA) as well as other parties, such as PRO, UCR, Coalición Cívica, Innovación Federal, Producción y Trabajo, and a group of Encuentro Federal lawmakers. Opposition came primarily from the Peronist Unión por la Patria (UxP), leftwing groups, and other minor factions.
Argentine President Javier Milei announced Wednesday that he suspended his planned trip to Israel this coming weekend. Although no specific reason was given, it is speculated that the resumption of hostilities against the terrorist group Hamas coupled with various domestic challenges tipped the scale in this direction.
Argentina's Justicialist [Peronist] Party (PJ) led by former President Cristina Fernández de Kirchner (CFK) Tuesday expressed its rejection of President Javier Milei's Emergency Decree (DNU) 179/25 clearing the way for further borrowing from the International Monetary Fund (IMF) with no Congressional approval. The PJ deemed the initiative “illegitimate” and unconstitutional on the grounds that it violated Law 27.612, which requires the Executive to submit full IMF agreement details to Congress, and Article 75 of the National Constitution, which assigns Congress the authority to manage national debt.