Tag #Argentina

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bbc.com

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Sep 22, 22:21

US to Aid Argentina's Financial Crisis

Amid Argentina's escalating financial turmoil following election losses, the US Treasury has pledged support, including potential peso and debt purchases, to stabilize the situation and aid President Milei's economic agenda.

US to Aid Argentina's Financial Crisis

Amid Argentina's escalating financial turmoil following election losses, the US Treasury has pledged support, including potential peso and debt purchases, to stabilize the situation and aid President Milei's economic agenda.

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What immediate actions is the US taking to address Argentina's financial crisis?

The US Treasury Secretary announced that "all options for stabilization are on the table," including potential purchases of Argentine pesos and dollar-denominated government debt. Further details await a meeting between President Trump and President Milei. This intervention aims to stabilize the plummeting peso and bolster confidence in Milei's economic reforms.

spanish.china.org.cn

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Sep 22, 10:17

Argentina Negotiates US Loan to Cover 2026 Debt Maturities

Argentine President Javier Milei confirmed that his government is negotiating a loan with the US Treasury to cover $8.5 billion in debt maturities due in 2026, amidst market volatility and opposition criticism.

Argentina Negotiates US Loan to Cover 2026 Debt Maturities

Argentine President Javier Milei confirmed that his government is negotiating a loan with the US Treasury to cover $8.5 billion in debt maturities due in 2026, amidst market volatility and opposition criticism.

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How does the current market volatility in Argentina affect the government's debt repayment strategy?

The Argentine peso's volatility, exceeding the official exchange rate band, necessitates the Central Bank's intervention to stabilize the currency. This situation increases pressure on the government to secure external funding and heightens the risk associated with debt repayment.

dw.com

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Sep 20, 10:17

Argentina Seeks US Loan Amid Economic Turmoil

Argentine President Javier Milei confirmed on September 19, 2025, that his government is in advanced negotiations for a new loan with the US Treasury to address upcoming debt payments of $4 billion in January and $4.5 billion in July 2026, while blaming the opposition for market tensions.

Argentina Seeks US Loan Amid Economic Turmoil

Argentine President Javier Milei confirmed on September 19, 2025, that his government is in advanced negotiations for a new loan with the US Treasury to address upcoming debt payments of $4 billion in January and $4.5 billion in July 2026, while blaming the opposition for market tensions.

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How are political factors influencing Argentina's current economic instability?

President Milei attributes the market tensions, including a 15% drop in the S&P Merval index and a 10% depreciation of the Argentine peso this September, to opposition tactics aimed at undermining his economic plan. Investor uncertainty about this plan also contributes to the instability.

nos.nl

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Sep 19, 01:17

Champions League Matchday 1: Key Results and Insights

Matchday 1 of the Champions League saw mixed results for top teams, with Sporting CP defeating Kairat Almaty 4-0, Manchester City comfortably winning against Napoli, and Barcelona facing a tough challenge against Newcastle United.

Champions League Matchday 1: Key Results and Insights

Matchday 1 of the Champions League saw mixed results for top teams, with Sporting CP defeating Kairat Almaty 4-0, Manchester City comfortably winning against Napoli, and Barcelona facing a tough challenge against Newcastle United.

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How did specific team performances reflect broader trends or challenges in the Champions League?

Newcastle's strong performance against Barcelona underscores the unpredictability of the competition. Meanwhile, PSV and Ajax's losses to Union Sint-Gillis and Internazionale respectively signal potential challenges for Dutch teams. The surprising win by Sporting also highlights the competitiveness among different leagues.

lexpress.fr

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Sep 18, 04:16

Argentine Parliament Rejects President Milei's Veto on Public Spending Bills

The Argentine Chamber of Deputies overrode President Javier Milei's veto on bills increasing funding for public universities and the Garrahan children's hospital, prompting celebrations from supporters amid ongoing economic austerity.

Argentine Parliament Rejects President Milei's Veto on Public Spending Bills

The Argentine Chamber of Deputies overrode President Javier Milei's veto on bills increasing funding for public universities and the Garrahan children's hospital, prompting celebrations from supporters amid ongoing economic austerity.

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What are the potential long-term consequences of this budgetary conflict?

The long-term consequences depend on the Senate's decision. If confirmed, it could signal a shift away from Milei's austerity policies. However, the continuing need for 7.3 trillion pesos (USD 4.9 billion) for higher education, versus the promised 4.8 trillion pesos, suggests ongoing challenges in achieving budgetary balance and meeting the needs of public services.

cnnespanol.cnn.com

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Sep 16, 19:21

Socioeconomic Factors Drive Argentinian Youth into Drug Trade

In Argentina, budget cuts to social programs and a lack of opportunities are pushing vulnerable youth, like Diana, in impoverished Buenos Aires neighborhoods, to work for drug cartels for income.

Socioeconomic Factors Drive Argentinian Youth into Drug Trade

In Argentina, budget cuts to social programs and a lack of opportunities are pushing vulnerable youth, like Diana, in impoverished Buenos Aires neighborhoods, to work for drug cartels for income.

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How do drug cartels exploit the lack of opportunities and state support in these communities?

Cartels offer young people, often referred to as 'soldaditos', jobs such as delivering packages, leveraging their vulnerability and lack of prospects. This tactic ensures distribution and protects the cartel's operations while undermining community support systems.

elmundo.es

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Sep 22, 01:18

Milei's Presidency Faces Collapse Amid Economic Crisis and Political Conspiracies

Argentine President Javier Milei's administration is facing a severe crisis, marked by a plummeting economy, corruption scandals, and potential political conspiracies aiming to oust him before his term ends.

Milei's Presidency Faces Collapse Amid Economic Crisis and Political Conspiracies

Argentine President Javier Milei's administration is facing a severe crisis, marked by a plummeting economy, corruption scandals, and potential political conspiracies aiming to oust him before his term ends.

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What is the primary cause of the current crisis facing President Milei's government?

The primary cause is a confluence of factors: a sharply depreciating peso driven by dwindling central bank reserves, growing corruption scandals within Milei's inner circle, and a potential Peronist conspiracy to remove him from power. These factors have severely damaged market confidence and fueled economic instability.

english.elpais.com

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Sep 20, 10:17

Argentina's Market Slump: Milei's Political Setback Shakes Investor Confidence

Following Javier Milei's electoral defeat in Buenos Aires, Argentina's Merval index has plummeted approximately 30% in 2025, becoming the world's worst-performing stock market, fueled by concerns over stalled reforms and potential political gridlock.

Argentina's Market Slump: Milei's Political Setback Shakes Investor Confidence

Following Javier Milei's electoral defeat in Buenos Aires, Argentina's Merval index has plummeted approximately 30% in 2025, becoming the world's worst-performing stock market, fueled by concerns over stalled reforms and potential political gridlock.

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What is the primary cause of Argentina's sharp market decline in 2025, and what are its immediate consequences?

The main cause is the unexpected electoral defeat of President Milei's party in Buenos Aires, raising concerns about his reform agenda's viability. Immediate consequences include a 30% drop in the Merval index, making it the world's worst-performing market, a surge in Argentina's country risk above 1200 points, and the peso hitting record lows against the dollar, forcing central bank intervention.

elpais.com

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Sep 19, 04:16

Argentina's Soaring Country Risk: Investor Confidence Plummets Amidst Economic Turmoil

Argentina's country risk index surged 16.6% to 1453 basis points, reflecting dwindling investor confidence in President Milei's economic policies, as the central bank spent $432 million in two days to defend the peso and the government faces looming debt payments.

Argentina's Soaring Country Risk: Investor Confidence Plummets Amidst Economic Turmoil

Argentina's country risk index surged 16.6% to 1453 basis points, reflecting dwindling investor confidence in President Milei's economic policies, as the central bank spent $432 million in two days to defend the peso and the government faces looming debt payments.

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How have recent political events influenced the current economic crisis, and what broader implications does this hold?

The unexpected defeat of Milei's party in the Buenos Aires legislative elections on September 7th fueled market anxieties, exacerbated by the potential for a repeat in the October 26th national elections. This loss threatens Milei's ability to secure necessary votes in Congress for fiscal reforms, impacting his economic plan.

elpais.com

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Sep 18, 10:18

Argentine Market Plunges Amidst Milei's Setback

Following a significant electoral loss in Buenos Aires, Argentina's Merval index has plummeted approximately 30% in 2025, making it the world's worst-performing stock market, prompting investor concerns about President Milei's reform agenda.

Argentine Market Plunges Amidst Milei's Setback

Following a significant electoral loss in Buenos Aires, Argentina's Merval index has plummeted approximately 30% in 2025, making it the world's worst-performing stock market, prompting investor concerns about President Milei's reform agenda.

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What is the primary cause of the sharp decline in Argentina's Merval index and its global impact?

The main cause is the unexpected defeat of President Javier Milei's party in the Buenos Aires provincial elections. This outcome fueled investor fears of a potential blockage of Milei's reform plans in the upcoming October legislative elections, leading to a sell-off and making Argentina's stock market the worst performer globally.

spanish.china.org.cn

🌐 75% Global Worthiness

Sep 17, 10:19

Argentina's 2026 Budget Prioritizes Human Capital with Fiscal Restraint

President Javier Milei presented Argentina's 2026 budget, allocating 85% of fiscal resources to health, education, and pensions while aiming for a fiscal balance or surplus, representing the lowest public spending as a percentage of GDP in 30 years.

Argentina's 2026 Budget Prioritizes Human Capital with Fiscal Restraint

President Javier Milei presented Argentina's 2026 budget, allocating 85% of fiscal resources to health, education, and pensions while aiming for a fiscal balance or surplus, representing the lowest public spending as a percentage of GDP in 30 years.

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What are the key allocations in Argentina's 2026 budget and their projected impact?

The budget allocates approximately $3.283 billion to national universities, increases spending on pensions by 5%, health by 17%, and education by 8% above inflation. This prioritization of human capital aims to improve social welfare and long-term economic growth.

dw.com

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Sep 16, 10:17

Argentina's Milei Announces Increased Spending Despite Austerity

Argentine President Javier Milei announced a 2026 budget increasing spending on pensions, health, education, and disability, following two years of drastic fiscal austerity, despite recent electoral setbacks and internal government turmoil.

Argentina's Milei Announces Increased Spending Despite Austerity

Argentine President Javier Milei announced a 2026 budget increasing spending on pensions, health, education, and disability, following two years of drastic fiscal austerity, despite recent electoral setbacks and internal government turmoil.

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What are the potential long-term effects of this budget and what challenges might Milei face in implementing it?

The success of this budget hinges on achieving the projected 5% GDP growth and 10.1% inflation rate. Milei faces political challenges, including internal divisions and opposition criticism, in addition to potential difficulties navigating the delicate balance between fiscal responsibility and social spending increases. His lack of prior Congressional support also poses a threat to budget passage.

Showing 13 to 24 of 614 results