Tag #Javier Milei

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cnnespanol.cnn.com

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Apr 13, 01:11

US Beef Import Uncertainty Creates Geopolitical Dilemma for Argentina

Amidst ongoing US trade disputes, Agriculture Secretary Brooke Rollins' statement prioritizing US interests over Argentinian beef sparked concerns, though Argentina's meat industry remains unconcerned, highlighting the US's significant role as a beef importer, and Argentina's potential reliance on C...

US Beef Import Uncertainty Creates Geopolitical Dilemma for Argentina

Amidst ongoing US trade disputes, Agriculture Secretary Brooke Rollins' statement prioritizing US interests over Argentinian beef sparked concerns, though Argentina's meat industry remains unconcerned, highlighting the US's significant role as a beef importer, and Argentina's potential reliance on C...

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What is the immediate impact of the US's potential restrictions on Argentinian beef imports?

Argentina exported 4,000 tons of beef to the US in February 2024, representing 11% of its total beef export revenue. This makes the US the third-largest market for Argentinian beef, behind Israel and China. The US pays higher prices than China for the same product.

dw.com

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Apr 12, 07:14

Argentina Receives $42 Billion in Bailout Packages

The IMF, World Bank, and Inter-American Development Bank approved a combined $42 billion bailout package for Argentina on Friday, aiming to support President Javier Milei's economic reforms and boost the struggling economy, despite concerns over high poverty and social unrest.

Argentina Receives $42 Billion in Bailout Packages

The IMF, World Bank, and Inter-American Development Bank approved a combined $42 billion bailout package for Argentina on Friday, aiming to support President Javier Milei's economic reforms and boost the struggling economy, despite concerns over high poverty and social unrest.

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What immediate economic impacts are expected from the combined IMF, World Bank, and Inter-American Development Bank aid packages for Argentina?

The IMF and World Bank approved $20 billion and $12 billion bailout packages for Argentina, respectively, boosting President Milei's economic reform efforts. These funds, along with a $10 billion Inter-American Development Bank deal, aim to stimulate economic growth and alleviate the country's economic struggles.

abcnews.go.com

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Apr 12, 10:12

Argentina Lifts Capital Controls in High-Stakes IMF-Backed Gamble

Argentina's libertarian government will lift most capital controls next week, thanks to a new $20 billion IMF loan; this risky move aims to attract foreign investment but could cause a currency crisis and higher inflation.

Argentina Lifts Capital Controls in High-Stakes IMF-Backed Gamble

Argentina's libertarian government will lift most capital controls next week, thanks to a new $20 billion IMF loan; this risky move aims to attract foreign investment but could cause a currency crisis and higher inflation.

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What are the immediate economic consequences of lifting Argentina's capital controls, given the IMF loan and the potential for capital flight?

Argentina's libertarian government will lift most capital and currency controls next week, a move facilitated by a new $20 billion IMF loan. This will allow for increased foreign investment and potentially transform the economy, but also risks a currency run and increased inflation.

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.

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.",

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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Peace, Justice, and Strong Institutions

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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.

lexpress.fr

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Apr 12, 07:14

Argentina Receives $42 Billion in International Aid to Stabilize Economy

Argentina received a $20 billion loan from the IMF, a $12 billion loan from the World Bank, and up to $10 billion from the IDB to stabilize its economy, lift exchange controls, and end the $200 monthly dollar limit.

Argentina Receives $42 Billion in International Aid to Stabilize Economy

Argentina received a $20 billion loan from the IMF, a $12 billion loan from the World Bank, and up to $10 billion from the IDB to stabilize its economy, lift exchange controls, and end the $200 monthly dollar limit.

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What is the immediate impact of the IMF's $20 billion loan to Argentina?

Argentina received a $20 billion loan from the IMF, with an immediate disbursement of $12 billion. The loan follows impressive progress in stabilizing the Argentine economy and reflects confidence in the government's reform efforts. A second disbursement of $2 billion is expected in June.

dw.com

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Apr 12, 07:14

IMF Approves \$20 Billion Loan for Argentina, Coupled with Currency Reforms

The IMF approved a \$20 billion, 48-month financing program for Argentina on April 11, 2025, with an initial \$12 billion disbursement, aiming to support the country's transition to a more open market economy; Argentina also eliminated currency restrictions for individuals and implemented a flexible...

IMF Approves \$20 Billion Loan for Argentina, Coupled with Currency Reforms

The IMF approved a \$20 billion, 48-month financing program for Argentina on April 11, 2025, with an initial \$12 billion disbursement, aiming to support the country's transition to a more open market economy; Argentina also eliminated currency restrictions for individuals and implemented a flexible...

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What are the immediate economic consequences of the IMF's \$20 billion loan to Argentina?

The International Monetary Fund (IMF) approved a new 48-month, \$20 billion financing program for Argentina on April 11, 2025, with an initial disbursement of \$12 billion. This loan aims to support Argentina's transition to a more open, market-oriented economy, according to the IMF. The agreement includes an immediate \$12 billion disbursement and a review in June 2025 with an additional \$2 billion disbursement.

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 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.",

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.

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.

Showing 73 to 84 of 166 results