Argentina

Saturday, April 12th 2025 - 10:50 UTC
Mercosur FMs agree to expand exceptions to CETs

Southern Common Market (Mercosur) foreign ministers meeting in Buenos Aires on Friday agreed to temporarily expand the National List of Exceptions to the Common External Tariff by up to 50 codes per member state in response to global trade tensions, following US President Donald Trump's barrage of import surcharges.
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Saturday, April 12th 2025 - 10:44 UTC
WB and IDB pledge further funding for Milei's Argentina

The World Bank (WB) announced Friday a US$ 12 billion financing package for Argentina over three years to support economic stabilization and reforms. Pending board approval, the initiative consists of several contributions as follows:
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Friday, April 11th 2025 - 22:54 UTC
Argentina announces end of currency controls and introduces exchange rate band

The Argentine government announced today a sweeping overhaul of its foreign exchange regime, set to take effect on Monday, including the end of currency controls and the introduction of a managed float within a fixed exchange rate band. The move marks the beginning of what authorities are calling “Phase 3” of their economic program.
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Friday, April 11th 2025 - 19:19 UTC
Argentina: Inflation in March hits 3.7%

Argentina's Consumer Price Index (CPI) for the month of March reached 3.7%, the National Institute of Statistics and Census (Indec) reported Friday. These figures marked a sharp increase from February's 2.4% and January's 2.2%. The rise was driven primarily by higher food prices, particularly meat and vegetables, with public services also playing a role. Internannual inflation stood at 66.9% and 4.7% so far in 2025.
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Friday, April 11th 2025 - 10:57 UTC
Argentine prosecutor wants Iran's supreme leader arrested

Argentine Prosecutor Sebastián Basso has filed a request before Federal Judge Daniel Rafecas for an international arrest warrant against Iran's Supreme Leader Ali Khamenei for his alleged involvement in ordering the 1994 bombing of the Argentine Israeli Mutual Association (AMIA) headquarters in Buenos Aires, which killed 85 people and injured over 300.
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Friday, April 11th 2025 - 10:55 UTC
Fuegian town of Tolhuin wants British-funded radar dismantled

The City Hall of Tolhuin in the Argentine province of Tierra del Fuego -which technically includes the Malvinas (Falkland) Islands and the other British Overseas Territories claimed by the South American country- filed a tax execution lawsuit to dismantle a radar installed by the British company LeoLabs in the area, citing violations of local regulations and national sovereignty.
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Friday, April 11th 2025 - 10:17 UTC
Argentina: CGT leader says Thursday's strike “a success”

Argentina's General Labor Confederation (CGT) leaders said Thursday's nationwide strike was a “resounding success.” It was the third such measure against President Javier Milei. CGT Joint Secretary-General Héctor Daer underscored how the Libertarian administration's “chainsaw” policies were causing a drop in people's income. In Daer's view, the Government's adjustments impact mostly retirees and vulnerable groups.
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Friday, April 11th 2025 - 08:42 UTC
US official admits no more meat to be bought from Argentina

US Secretary of Agriculture Brooke Rollins confirmed that her country would not be purchasing any more meat from Argentina in a protectionist move to preserve local production. “No more meat from Argentina,” she said during a Fox News interview.
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Thursday, April 10th 2025 - 19:29 UTC
US Secretary of the Treasury due in Buenos Aires next week

US Secretary of the Treasury Scott K.H. Bessent will arrive in Buenos Aires next Monday to bolster support for Argentine President Javier Milei’s economic reforms, it was announced Thursday.
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Thursday, April 10th 2025 - 10:45 UTC
Third general strike against Milei under way

Unions such as the General Labor Confederation (CGT) and Argentina's Workers' Central (CTA) started demonstrating Wednesday ahead of Thursday's 24-hour full strike, the third since President Javier Milei took office.
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