Tag: Argentina

Venezuela Backtracks Deal on Opposition Leader Aides’ Exit to Argentina

(Bloomberg) — Venezuela’s government backtracked on a deal to allow six aides to opposition leader María Corina Machado to seek asylum in Argentina, according to people with direct knowledge of the matter. Most Read from Bloomberg The Nicolás Maduro government never issued documents granting them safe passage out of the country in April, claiming they […]

As Argentina inflation nears 300%, climb in prices slows a bit

By Miguel Lo Bianco and Juan Bustamante BUENOS AIRES (Reuters) – Prices in Argentina are climbing, despite positive signs of a deceleration, with the embattled South American country’s annual inflation rate set to edge closer to 300% when the government reveals the latest data on Tuesday. Shopkeepers and consumers said that although monthly inflation readings […]

Argentina monthly inflation seen back in single digits in April

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely dipped back into single digits for the first time in half a year in April, analysts polled by Reuters estimated, amid a gradual slowdown in price rises as the country’s economy stalls. The embattled South American country likely saw the consumer price index, […]

Argentina industrial output crashes near pandemic lows as Milei austerity bites

BUENOS AIRES (Reuters) -Argentina’s industrial output plunged 21.2% in March from a year ago, the INDEC statistics agency said on Wednesday, the worst slide since the depths of the COVID-19 pandemic as libertarian President Javier Milei pushes a tough austerity package. The new government, which inherited an economic crisis with triple-digit inflation when it took […]

Milei Reforms Head to Argentina Senate as Lower House Signs Off

(Bloomberg) — Argentina’s lower house approved President Javier Milei’s omnibus and fiscal bills, first in whole and later in parts, in a major win for the libertarian leader whose reforms now face a stiffer fight in the senate. Most Read from Bloomberg House representatives agreed Tuesday that Milei should have expanded executive powers on administrative, […]

Former Argentina striker Carlos Tevez admitted to hospital with chest pains

Carlos Tevez has been admitted to hospital after suffering from chest pains. The former Argentina striker, who played for Manchester United, Manchester City and West Ham, was taken to hospital in Buenos Aires on Tuesday. The 40-year-old is now in charge of Argentinian top-flight side Independiente and the club said on X: “Our coach, Carlos […]

Hundreds of thousands march in Argentina against education austerity

Hundreds of thousands of people have taken to the streets in Argentina to protest against cuts in the higher education sector. According to the University of Buenos Aires, more than 500,000 demonstrators protested in the capital alone on Tuesday against the strict austerity programme of President Javier Milei’s ultra-liberal government. “We are defending the public, […]