Tag #Argentina

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elpais.com

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Apr 9, 10:13

Argentine Congress Investigates Milei's Role in \$Libra Cryptocurrency Scandal

Argentina's Congress approved a committee to investigate President Javier Milei's alleged involvement in the \$Libra cryptocurrency scandal, which involved approximately 40,000 investors and resulted in significant financial losses; the committee will also question three ministers and a high officia...

Argentine Congress Investigates Milei's Role in \$Libra Cryptocurrency Scandal

Argentina's Congress approved a committee to investigate President Javier Milei's alleged involvement in the \$Libra cryptocurrency scandal, which involved approximately 40,000 investors and resulted in significant financial losses; the committee will also question three ministers and a high officia...

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How did the composition of the congressional vote reflect the shifting political landscape in Argentina?

The vote, 128-93 with 7 abstentions, highlights growing opposition to Milei. Support from the Unión Cívica Radical and PRO, crucial last year, fractured, mirroring a similar Senate setback. The investigation will focus on \$Libra's promotion, leading to significant losses for investors.

elpais.com

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Apr 9, 10:13

Kicillof Defies Kirchner, Splitting Argentina's Peronist Movement

Buenos Aires Governor Axel Kicillof defied former President Cristina Kirchner by scheduling separate provincial elections, creating a major rift within Argentina's Peronist movement; this strategic move aims to improve Kicillof's standing while distancing himself from President Javier Milei's unpopu...

Kicillof Defies Kirchner, Splitting Argentina's Peronist Movement

Buenos Aires Governor Axel Kicillof defied former President Cristina Kirchner by scheduling separate provincial elections, creating a major rift within Argentina's Peronist movement; this strategic move aims to improve Kicillof's standing while distancing himself from President Javier Milei's unpopu...

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What are the potential long-term implications of this political split for the future of the Peronist party and the Argentine political landscape?

The consequences of this rift could include a significant power struggle within the Peronist party, potentially leading to a reshaping of its political landscape. Kicillof's actions challenge the traditional power structure, indicating a potential shift in alliances and a potential realignment within the party ahead of future elections. The outcome will significantly impact the political future of Argentina.

tr.euronews.com

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Apr 9, 13:19

IMF Approves $20 Billion Bailout for Argentina

The IMF reached a preliminary agreement with Argentina for a $20 billion bailout package, contingent on the continuation of President Milei's austerity measures which have reduced inflation and stabilized Argentina's economy.

IMF Approves $20 Billion Bailout for Argentina

The IMF reached a preliminary agreement with Argentina for a $20 billion bailout package, contingent on the continuation of President Milei's austerity measures which have reduced inflation and stabilized Argentina's economy.

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How did President Milei's economic policies create the conditions for this IMF bailout agreement?

This bailout is crucial for Argentina, facing dwindling foreign reserves due to tight monetary policies and support for the peso. President Milei's policies, reversing previous borrowing trends, aim to integrate Argentina into international markets and attract foreign investment. Success hinges on the sustainability of these policies and their impact on the population.

cnnespanol.cnn.com

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Apr 8, 07:13

Argentina Arrests Sect Leader in Human Trafficking Investigation

A police operation in Argentina led to the arrest of Konstantin Rudnev, leader of the Ashram Shambala sect, and 14 others, following suspicions of human trafficking related to a young Russian woman giving birth in a Bariloche hospital.

Argentina Arrests Sect Leader in Human Trafficking Investigation

A police operation in Argentina led to the arrest of Konstantin Rudnev, leader of the Ashram Shambala sect, and 14 others, following suspicions of human trafficking related to a young Russian woman giving birth in a Bariloche hospital.

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What evidence suggests the involvement of Konstantin Rudnev and the Ashram Shambala sect?

The investigation centers on Konstantin Rudnev, leader of the Ashram Shambala sect, who was apprehended along with 14 others at Bariloche and Buenos Aires airports. Authorities seized cash, drugs, and communication devices. The sect's practices, including food rationing and forced fasting as punishment, are under scrutiny.

elpais.com

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Apr 8, 10:12

US Tariffs and Global Downturn Exacerbate Argentina's Economic Crisis

Argentina's economy is suffering due to global market declines and new US tariffs; the Merval index fell 1.3%, bonds dropped over 5%, and the informal dollar rate hit 1345 pesos, an eight-month high, while the country awaits a crucial IMF bailout amid dwindling reserves and uncertainty regarding US ...

US Tariffs and Global Downturn Exacerbate Argentina's Economic Crisis

Argentina's economy is suffering due to global market declines and new US tariffs; the Merval index fell 1.3%, bonds dropped over 5%, and the informal dollar rate hit 1345 pesos, an eight-month high, while the country awaits a crucial IMF bailout amid dwindling reserves and uncertainty regarding US ...

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How has President Milei's administration contributed to Argentina's current economic vulnerability?

The global economic crisis, exacerbated by US tariffs, is severely impacting Argentina, already struggling with economic instability since President Milei's administration. The decline in commodity prices further harms Argentina's export-oriented economy, particularly agriculture and oil. International investment is fleeing emerging markets, increasing Argentina's vulnerability.",

elpais.com

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Apr 6, 10:09

Argentina Seeks $20 Billion IMF Loan Amidst Economic Instability

Argentina is seeking a $20 billion loan from the IMF, its 29th agreement since 1958, despite President Milei's previous opposition to the fund; the agreement aims to stabilize the economy and curb inflation.

Argentina Seeks $20 Billion IMF Loan Amidst Economic Instability

Argentina is seeking a $20 billion loan from the IMF, its 29th agreement since 1958, despite President Milei's previous opposition to the fund; the agreement aims to stabilize the economy and curb inflation.

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What are the immediate consequences of Argentina securing another $20 billion loan from the IMF?

Argentina, the largest debtor to the IMF, is seeking another $20 billion loan, marking its 29th agreement with the fund. This follows 15 months of austerity measures under President Milei, a stark contrast to his previous criticism of the IMF. The agreement aims to stabilize the economy and curb inflation.

elmundo.es

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Apr 9, 10:13

IMF Approves $20 Billion Loan for Argentina Amidst Economic Crisis

Argentina secured a $20 billion IMF loan to address economic instability, including rising inflation and a weakening peso, with the goal of lifting capital controls; however, additional funds are needed to fully achieve this, creating risks if insufficient funds are secured.

IMF Approves $20 Billion Loan for Argentina Amidst Economic Crisis

Argentina secured a $20 billion IMF loan to address economic instability, including rising inflation and a weakening peso, with the goal of lifting capital controls; however, additional funds are needed to fully achieve this, creating risks if insufficient funds are secured.

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What are the potential consequences of Argentina's plan to lift capital controls, and how much funding is truly needed?

The IMF's agreement with Argentina is based on the government's initial progress in stabilizing the economy. The agreement is intended to help Argentina address its economic challenges and potentially lift capital controls, but the necessary funds may reach up to $40 billion according to some experts. The success of the plan hinges on securing additional loans from other international organizations to create a sufficient financial buffer.

elpais.com

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Apr 9, 10:13

Argentina Secures $20 Billion IMF Loan for Economic Stabilization

Argentina and the IMF reached a staff-level agreement on a $20 billion extended fund facility to support economic stabilization and reforms, pending executive board approval this Friday; this follows Argentina's request and aims to address significant reserve losses and maintain peso value.

Argentina Secures $20 Billion IMF Loan for Economic Stabilization

Argentina and the IMF reached a staff-level agreement on a $20 billion extended fund facility to support economic stabilization and reforms, pending executive board approval this Friday; this follows Argentina's request and aims to address significant reserve losses and maintain peso value.

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What is the significance of the IMF's agreement with Argentina regarding a $20 billion extended fund facility?

Argentina and the IMF have reached a staff-level agreement on a new $20 billion, 48-month extended fund facility. This follows Argentina's request and aims to support the country's economic stabilization and reforms. The agreement is pending approval by the IMF's executive board, expected this Friday.

pt.euronews.com

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Apr 9, 19:19

IMF Approves $20 Billion Bailout for Argentina After Milei's Austerity Measures

The IMF announced a preliminary agreement on a $20 billion bailout for Argentina, following President Javier Milei's successful austerity measures that reduced inflation and stabilized the economy, despite sparking social unrest.

IMF Approves $20 Billion Bailout for Argentina After Milei's Austerity Measures

The IMF announced a preliminary agreement on a $20 billion bailout for Argentina, following President Javier Milei's successful austerity measures that reduced inflation and stabilized the economy, despite sparking social unrest.

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How did President Milei's austerity measures contribute to both the economic stabilization and social unrest in Argentina?

Milei's free-market policies reversed previous governments' debt accumulation, a major factor in Argentina's repeated debt defaults. The IMF loan aims to support the next phase of Argentina's stabilization and reform agenda, helping Milei ease strict currency controls and attract investment.

elpais.com

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Apr 8, 10:12

Milei Suffers Major Setback in Supreme Court Justice Appointments

Argentine President Javier Milei suffered a major political setback when the Senate resoundingly rejected his decree appointing two controversial Supreme Court justices, Ariel Lijo and Manuel Garcia Mansilla, due to their questionable backgrounds and the unconstitutional nature of his appointment; t...

Milei Suffers Major Setback in Supreme Court Justice Appointments

Argentine President Javier Milei suffered a major political setback when the Senate resoundingly rejected his decree appointing two controversial Supreme Court justices, Ariel Lijo and Manuel Garcia Mansilla, due to their questionable backgrounds and the unconstitutional nature of his appointment; t...

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How did Milei's actions contribute to the unification of opposing political factions in Argentina?

Milei's high-handed approach, characterized by insults and disregard for established processes, backfired. His reliance on pressure tactics and alliances proved insufficient against the combined opposition of Peronism and the PRO party. This setback reveals a shift in the political landscape, where Milei's previously dominant influence is waning.

pda.kp.ru

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Apr 8, 19:19

Argentina to Declassify Archives on Post-WWII Nazi Escape

Argentina's President Milei will release archives detailing the post-WWII escape of roughly 10,000 Nazi war criminals to South America, facilitated by ODESSA and aided by pro-fascist governments and existing German colonial networks; this follows a similar release of CIA documents by Donald Trump, r...

Argentina to Declassify Archives on Post-WWII Nazi Escape

Argentina's President Milei will release archives detailing the post-WWII escape of roughly 10,000 Nazi war criminals to South America, facilitated by ODESSA and aided by pro-fascist governments and existing German colonial networks; this follows a similar release of CIA documents by Donald Trump, r...

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What immediate impacts will the release of Argentina's Nazi war criminal archives have on historical understanding and public awareness?

Argentina's President Milei announced the declassification of archives detailing the escape routes of approximately 10,000 Nazi war criminals to Argentina and neighboring countries after WWII. This follows a similar release by Donald Trump, and the documents are expected to reveal the names of those involved in the operation, and the assistance provided by pro-fascist Latin American regimes. The operation, facilitated by the ODESSA organization, utilized established German colonial networks.",

abcnews.go.com

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Apr 5, 16:12

Milei's Mar-a-Lago Trip: Seeking Trump's Support Amid Economic Crisis

Argentine President Javier Milei traveled to Mar-a-Lago to meet with Donald Trump, seeking economic support amid a 10% tariff on Argentine imports; the meeting's occurrence remains unconfirmed, while negotiations for a $20 billion IMF bailout continue.

Milei's Mar-a-Lago Trip: Seeking Trump's Support Amid Economic Crisis

Argentine President Javier Milei traveled to Mar-a-Lago to meet with Donald Trump, seeking economic support amid a 10% tariff on Argentine imports; the meeting's occurrence remains unconfirmed, while negotiations for a $20 billion IMF bailout continue.

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Decent Work and Economic Growth

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How does President Milei's alignment with Trump's policies affect Argentina's domestic and foreign policy decisions?

Milei's close ties with Trump, demonstrated by mimicking Trump's policies and rhetoric, offer political advantages. However, the economic benefits remain uncertain, as Argentina still needs a significant IMF loan and faces pressure on its currency reserves. His actions reflect a broader trend of right-wing leaders aligning with Trump's populist agenda.",

Showing 337 to 348 of 614 results