Colombia offers to safeguard Maduro foes as stand-off deepens
Dec 19, 2024 · The group includes opposition campaign manager Magalli Meda and Machado advisers Pedro Urruchurtu and Claudia Macero. Tensions have increased as Maduro and González — who fled to Spain in August — have each said they plan to be sworn in when the new presidential term begins on January 10.
Trump names Peter Lamelas as next US ambassador to Argentina
Dec 13, 2024 · “It is not just inefficient; it is cruel and deceitful. Leaders like Trump and Milei, with their remorseless vision, are rejecting the failed policies of the past and building a new era of simplified government and growth – for Argentina, America, and freedom-loving democracies around the world,” he wrote.
A year into office, Milei’s ‘shock’ therapy takes hold
Dec 10, 2024 · As a result, the country’s risk rating, tracked by JP Morgan, fell from 3,000 points to below 740, a historic low. On the back of a confrontational narrative, in which he pledged to “end the caste” of politicians and fight against “the impoverishing left,” Milei has also eliminated more than 30,000 public sector jobs, reduced ministries and state agencies, frozen public works ...
Extreme poverty soars to affect six million, study shows
Nov 12, 2024 · “The first thing to point out is that if these levels of destitution are maintained for any more length of time, structural poverty will increase,” a representative from the Centro para la Recuperación Argentina told Perfil. “If the economy grows and destitution goes down, there would not be any direct impact on structural poverty (which in Argentina has a …
Key measures from President Javier Milei’s first year in office
Dec 10, 2024 · President Javier Milei’s first year in office was marked by drastic state cutbacks, the sharpest rise in poverty in two decades, and an aggressive rhetoric and shift in foreign policy that drew global attention to the nation.
Rio Tinto to invest US$2.5 billion in lithium production
Dec 13, 2024 · The plant’s expansion is scheduled to begin in 2025 and it will be at full capacity in 2028. Rio Tinto chief executive Jakob Stausholm praised Argentina's “favourable economic policies” and “investment-friendly environment” following …
Argentines no longer love the dollar, thanks to Milei
Dec 12, 2024 · Still, the return to a free exchange rate — which the country had from 2016 to 2019 — seems distant. One of the problems is the lack of reserves, which the Central Bank could use to defend the peso against devaluation risks that could come with a freely floating currency.
AFIP to ARCA: Milei government announces ‘dissolution’ of tax …
Oct 21, 2024 · AFIP to ARCA: Milei government announces ‘dissolution’ of tax bureau. Argentina’s government says it will shutter AFIP tax collection agency and replace it with ‘Agencia de Recaudación y Control Aduanero (ARCA); Move will see 34% reduction in staffing levels.
Four takeaways from President Javier Milei's first year
Dec 10, 2024 · Four takeaways from President Javier Milei's first year in office. Four takeaways from Milei's first year in office: Slimming the state, wielding the chainsaw, domestic political battles and a shift in foreign policy.
Tirades and trolls: how Milei changed Argentina's political rhetoric
Dec 9, 2024 · Milei – a libertarian economist who admires US president-elect Donald Trump and shares his taste for earthy language – has labelled economists who question his policies "econochantas" ("eco-phonies") and trade unionists "garcas" ("crooks").Political opponents, he calls "mandrills" (a type of monkey), "rats" and "parasites."