Tag #Argentina

Showing 25 to 36 of 293 results

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.",

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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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.",

es.euronews.com

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Apr 4, 19:17

Argentine Senate Rejects Milei's Supreme Court Nominees

Argentina's Senate rejected President Javier Milei's Supreme Court nominees, Ariel Lijo and Manuel García-Mansilla, appointed by decree, sparking accusations of executive overreach and highlighting political divisions; Lijo faced corruption allegations, while García-Mansilla's conservative views dre...

Argentine Senate Rejects Milei's Supreme Court Nominees

Argentina's Senate rejected President Javier Milei's Supreme Court nominees, Ariel Lijo and Manuel García-Mansilla, appointed by decree, sparking accusations of executive overreach and highlighting political divisions; Lijo faced corruption allegations, while García-Mansilla's conservative views dre...

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What is the immediate impact of the Argentine Senate's rejection of President Milei's Supreme Court nominees?

The Argentine Senate rejected President Javier Milei's two Supreme Court nominees, Ariel Lijo and Manuel García-Mansilla, appointed via decree during Congress' recess. This rejection, driven by accusations of executive overreach and concerns about institutional balance, highlights the significant political opposition Milei faces.

english.elpais.com

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Apr 3, 16:15

Milei Shifts Argentina's Stance on Falkland Islands Sovereignty

On Argentina's Veterans and Fallen Day, President Javier Milei controversially acknowledged the Falkland Islanders' right to choose their nationality, abandoning Argentina's long-held claim to the islands and drawing widespread criticism from former officials and political rivals.

Milei Shifts Argentina's Stance on Falkland Islands Sovereignty

On Argentina's Veterans and Fallen Day, President Javier Milei controversially acknowledged the Falkland Islanders' right to choose their nationality, abandoning Argentina's long-held claim to the islands and drawing widespread criticism from former officials and political rivals.

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How does Milei's approach to the Falkland Islands issue differ from previous Argentine governments, and what are the underlying causes for this change?

Milei's statement contradicts Argentina's historical claim to the Falkland Islands and its rejection of the islanders' right to self-determination. His approach prioritizes economic growth and reduced state intervention, suggesting a willingness to compromise on sovereignty to achieve those goals. This contrasts with the strong national sentiment surrounding the islands, which has traditionally united most political sectors.

elpais.com

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Apr 3, 10:12

Milei seeks Trump's help amid 10% US tariff on Argentinan exports

President Javier Milei of Argentina will meet with Donald Trump to discuss a 10% tariff imposed on all Argentinan exports to the US, hoping to secure exceptions; this follows a meeting between Argentinan and US officials where economic cooperation was discussed, although tariffs weren't explicitly m...

Milei seeks Trump's help amid 10% US tariff on Argentinan exports

President Javier Milei of Argentina will meet with Donald Trump to discuss a 10% tariff imposed on all Argentinan exports to the US, hoping to secure exceptions; this follows a meeting between Argentinan and US officials where economic cooperation was discussed, although tariffs weren't explicitly m...

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What are the immediate economic consequences of Trump's tariff announcement on Argentina?

Donald Trump announced a 10% tariff on all Argentinan exports to the United States. Argentinan president Javier Milei will meet with Trump, hoping to negotiate exceptions. This follows a meeting between Argentinan and US officials discussing economic cooperation, although the US statement made no mention of tariffs.

cnnespanol.cnn.com

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Apr 2, 04:14

Argentina's Poverty Rate Fluctuates Sharply Under Milei's First Year

Following a sharp devaluation and subsequent inflation surge, poverty in Argentina reached 52.9% in the first half of 2024 under President Javier Milei's administration, before declining to 38.1% by year's end due to inflation reduction; however, this remains higher than pre-2024 levels.

Argentina's Poverty Rate Fluctuates Sharply Under Milei's First Year

Following a sharp devaluation and subsequent inflation surge, poverty in Argentina reached 52.9% in the first half of 2024 under President Javier Milei's administration, before declining to 38.1% by year's end due to inflation reduction; however, this remains higher than pre-2024 levels.

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What factors, beyond inflation reduction, contributed to the change in poverty rates throughout 2024 in Argentina, and how do these relate to previous administrations?

The drastic reduction in poverty from 52.9% to 38.1% between the first and second halves of 2024 is directly attributable to the decline in inflation, primarily impacting the cost of the basic food basket. However, compared to December 2023, the decrease is only 3.6%, suggesting that the initial economic shock significantly worsened poverty levels before subsequent improvements.

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.

abcnews.go.com

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Apr 5, 13:18

Milei Cultivates Trump Alliance Amid Tariffs, Seeks IMF Bailout

Argentine President Javier Milei, known for his libertarian policies, traveled to Mar-a-Lago to receive an award and potentially meet with Donald Trump, amid global reactions to Trump's new tariffs; Argentina received a 10% tariff, which the Argentine government viewed favorably, and Milei is seekin...

Milei Cultivates Trump Alliance Amid Tariffs, Seeks IMF Bailout

Argentine President Javier Milei, known for his libertarian policies, traveled to Mar-a-Lago to receive an award and potentially meet with Donald Trump, amid global reactions to Trump's new tariffs; Argentina received a 10% tariff, which the Argentine government viewed favorably, and Milei is seekin...

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What is the immediate impact of President Milei's cultivation of a relationship with former President Trump on Argentina's economy and international relations?

President Javier Milei of Argentina cultivated a strong alliance with former President Donald Trump, attending a Mar-a-Lago gala and receiving an award. Despite global criticism of Trump's new tariffs, Argentina received a comparatively lower 10% tariff, which the Argentine government presented as preferential treatment. Milei hopes to leverage this relationship to secure a crucial $20 billion IMF bailout.

es.euronews.com

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Apr 4, 04:10

Argentina Navigates U.S. Tariffs Amidst IMF Loan Pursuit

Argentina's government spokesperson emphasized the positive relationship with the U.S., resulting in lower tariffs compared to other countries, while President Milei's support for Trump coincides with new U.S. tariffs and an awaited IMF loan of roughly $20 billion.

Argentina Navigates U.S. Tariffs Amidst IMF Loan Pursuit

Argentina's government spokesperson emphasized the positive relationship with the U.S., resulting in lower tariffs compared to other countries, while President Milei's support for Trump coincides with new U.S. tariffs and an awaited IMF loan of roughly $20 billion.

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How does Argentina's approach to U.S. tariffs reflect its broader economic and political strategy?

The seemingly contradictory stances of Argentina's government and president regarding U.S. tariffs reflect a complex geopolitical strategy. While Milei publicly supports Trump, the government benefits from lower tariffs despite opposing protectionism.

abcnews.go.com

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Apr 3, 07:18

Milei's Conciliatory Falklands Stance Sparks Controversy in Argentina

Argentine President Javier Milei expressed hope that Falkland Islanders might one day choose Argentine sovereignty, sparking criticism from rivals who view it as a concession to Britain and a betrayal of those who fought in the 1982 Falklands War.

Milei's Conciliatory Falklands Stance Sparks Controversy in Argentina

Argentine President Javier Milei expressed hope that Falkland Islanders might one day choose Argentine sovereignty, sparking criticism from rivals who view it as a concession to Britain and a betrayal of those who fought in the 1982 Falklands War.

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What is the significance of Argentine President Milei's statement regarding the Falkland Islands, and what immediate impacts or changes does it suggest?

On the 43rd anniversary of the Falklands War, Argentine President Javier Milei expressed hope that Falkland Islanders might one day choose Argentine sovereignty. This statement, diverging from Argentina's long-standing claim, sparked immediate criticism from political rivals who view it as a concession to Britain. His comments generated controversy, particularly among those who believe the islanders' right to self-determination is invalid due to historical context.

elpais.com

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Apr 2, 10:18

Claro Challenges Telecom-Telefónica Merger in Argentina

Claro challenged Telecom Argentina's acquisition of Telefónica Argentina, alleging the \$1.245 billion deal violated law 27.078 by lacking prior authorization from Enacom; the Argentine government had already temporarily suspended the sale due to concerns about market concentration.

Claro Challenges Telecom-Telefónica Merger in Argentina

Claro challenged Telecom Argentina's acquisition of Telefónica Argentina, alleging the \$1.245 billion deal violated law 27.078 by lacking prior authorization from Enacom; the Argentine government had already temporarily suspended the sale due to concerns about market concentration.

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What are the immediate consequences of Claro's legal challenge to the Telecom-Telefónica merger in Argentina?

Claro, a Mexican telecommunications company, challenged the acquisition of Telefónica Argentina by Telecom Argentina, arguing that the deal violated Argentina's law 27.078 by lacking prior authorization from Enacom. The Argentine government had already suspended the sale, citing concerns about market concentration in mobile, fixed-line, and internet services.

elpais.com

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Apr 2, 04:14

Milei Seeks Trump's Backing for $20 Billion IMF Bailout

Argentine President Javier Milei is traveling to Mar-a-Lago on Thursday to meet with Donald Trump, seeking his support for a $20 billion IMF bailout amid Argentina's economic crisis; the trip, unannounced, underscores the urgency of securing the funds to stabilize the peso and address the country's ...

Milei Seeks Trump's Backing for $20 Billion IMF Bailout

Argentine President Javier Milei is traveling to Mar-a-Lago on Thursday to meet with Donald Trump, seeking his support for a $20 billion IMF bailout amid Argentina's economic crisis; the trip, unannounced, underscores the urgency of securing the funds to stabilize the peso and address the country's ...

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What are the long-term implications of the outcome of Milei's meeting with Trump for Argentina's economic future and its standing in international relations?

The outcome of Milei's meeting with Trump will significantly impact Argentina's economic stability and its relationship with the IMF. A successful negotiation, aided by Trump's support, could stabilize the Argentine peso and unlock crucial funds. Failure, however, could exacerbate the economic crisis and potentially lead to further devaluation of the peso, impacting Argentina's long-term economic prospects. The meeting's success hinges on whether Trump will exert influence on the IMF decision-making process.

Showing 25 to 36 of 293 results