Argentina’s Economy Ministry announced Friday that the public sector had a AR$523.4 billion financial surplus in October — the ninth consecutive month in which the national government registered a positive fiscal balance. Javier Milei, who campaigned on building surpluses, has been able to achieve his aims by enacting abrupt and often draconian austerity measures. The primary fiscal balance represents the difference between a government’s revenues and its expenditures, whereas the financial balance constitutes that difference plus net interest payments on public debt. “In other words, the difference in financial results versus October 2023 is AR$1.8 trillion.”According to Caputo, the cumulative financial deficit for the year is AR$2.9 trillion, or 0.5% of GDP. Total revenues during October amounted to AR$9.3 trillion —an inter-annual growth of 167.8% —while primary expenditures amounted to AR$ 8.6 trillion.

November 16, 2024 09:48 UTC

If Buenos Aires was a weekend, it would be this one — heavy on the food, impeccable design, and a drag show. So here’s our recommendations for feeding your body and soul, from kimchi to drag kings, make this long weekend count. Gastro Corea Food Week 2024Monday 18 to Sunday 24Korean restaurants around the cityYou don’t have to ask us twice to say yes to a week dedicated to kimchi and sauces. Casa FOA is basically this huge building with lots of different spaces sectioned off that are all designed by relevant architecture and interior design firms. Feria de la Gastronomía ItalianaSaturday 16 — noon to 7 p.m.Usina del Arte (Agustín R. Caffarena 1)Free entryItalian Food FairThis food fair in La Boca kicks off the global Italian Cuisine Week.

November 16, 2024 02:44 UTC

Argentine President Javier Milei and United States President-elect Donald Trump met face-to-face on Thursday night, their first encounter following the US elections. According to The Associated Press, Milei is the first foreign leader to meet with Trump in person since his electoral win. All in for TrumpAlthough Milei has always said he would be aligned with the United States no matter what, Donald Trump was clearly his preference to be the next president. Despite the Argentine president’s enthusiasm for a Trump administration, it remains to be seen if his goals of more trade with Washington are a viable option. “Both will be oriented toward industrial policy and nearshoring, something countries neighboring the United States are better positioned to take advantage of than Argentina.”

November 16, 2024 02:44 UTC

The draft resolution highlighted the “commitment to achieve gender equality and the empowerment of all women and girls” in the 2030 Agenda for Sustainable Development, which President Javier Milei specifically lambasted in his debut General Assembly speech in September. The surprising dissension is the latest in a series of departures from the country’s historical diplomatic stances this week. On Monday, Argentina was the only country to reject the Rights of Indigenous Peoples resolution aimed at preserving their spiritual beliefs, ancestral knowledge, and languages. Former Foreign Minister Diana Mondino was ousted two weeks ago following a UN vote in favor of Cuba. voted in favor of Thursday’s resolution).

November 15, 2024 06:22 UTC

Two explosions near the Brazilian Supreme Court (STF, for its Portuguese initials) in the capital Brasilia on Wednesday left one person dead. She stated that the person who died was the same person who had tried to enter the Supreme Court before the second explosion. Military police evacuated and closed off the surrounding areas, including the parking lot, the square, and the Supreme Court itself. The STF issued a communiqué saying that all ministers and court personnel were evacuated safely from the building after the explosions went off. Brazilian Attorney General Jorge Messias said that the Federal Police will act “swiftly and vigorously” in order to investigate the explosions.

November 14, 2024 19:25 UTC





Argentine President Javier Milei said he will seek a free trade agreement with the United States and expects the incoming Trump administration to “support” his government with the International Monetary Fund (IMF). He also said that he will pursue more trade opportunities with China and confirmed he will travel to Beijing in March. “It’s clear that the [U.S.] president-elect is much more comfortable with me than with other leaders,” Milei added. Despite the Argentine president’s enthusiasm for a Trump administration, it remains to be seen if his goals of more trade with Washington are a viable option. The Argentine government is waiting for details from the Trump staff to confirm the date and place of the meeting.

November 14, 2024 16:29 UTC

Argentina’s air traffic controllers have announced a week-long intermittent strike from November 16 to November 22. The union clarified that the strikes will exclusively affect aircraft takeoffs at all airports in the country. Flights with an emergency on board, as well as medical, humanitarian, state, and search and rescue flights, are exempted from the strike action. The union urged passengers to check with their service providers, as they considered them the responsible party for publishing the corresponding information. In light of these protests, lawmakers from the right-wing PRO party have filed a bill to privatize national flagship Aerolíneas Argentinas, and the government deregulated the airport ramp-operation service.

November 13, 2024 11:04 UTC

This lower supply can exacerbate the impacts of climate change on global food security by further increasing international food prices and harming consumers in importing countries. Low yield variability is important for food security since it leads to stable farmer incomes and food supply, as well as stable prices for consumers. One study suggests that the 2007/2008 food price crisis was exacerbated by both agricultural export restrictions and import demand surges. Big exporters should avoid restrictionsFirst, big exporters should act responsibly and refrain from imposing agricultural export restrictions. Policies that protectLDC governments should seek to reduce their vulnerability to global food price volatility through a multifaceted approach to food security.

November 13, 2024 09:00 UTC

The Argentine government has deregulated airport ramp-operation services for all airports across the country. The decision was made after a surprise strike on Wednesday by employees from Intercargo — the company which provides ramp-operation services for most airlines in Argentina. Some airlines such as Aerolíneas Argentinas, JetSmart, Flybondi and American Airlines have staff of their own doing handling operations, but not in every airport. The incident comes after months of tension between aviation unions that represent workers from public companies and the government. On Friday afternoon, aviation unions are set to meet with government officials and offer solutions on how to end the conflict between the two.

November 08, 2024 14:32 UTC

Security Minister Patricia Bullrich said the government will take “drastic measures” against public air cargo company Intercargo, after its employees carried out a surprise six-hour long strike on Wednesday. The protest temporarily prevented passengers from stepping on and off planes at the Aeroparque Jorge Newbery airport in Buenos Aires City and Ministro Pistarini airport in Ezeiza. “We will take much more drastic measures against Intercargo,” Bullrich said during an interview with LN+ news channel on Thursday. They added that the unions said that they would stop all their protest measures as a peace offering. “We don’t know anything about this, but we were asked to have a meeting after the Intercargo strike,” APA press prosecretary Cecilia Moccia told the Herald.

November 07, 2024 22:23 UTC

Three people have been charged for crimes that led to former One Direction singer Liam Payne’s death in Buenos Aires in October. One person who was traveling with Payne has been accused of “abandonment of a person leading to death,” a form of neglect charge in Argentina. A hotel worker and a third person have been accused of procuring the drugs Payne got before his death. Three additional reports requested by prosecutor Madrea confirmed that all of Payne’s injuries were compatible with a fall. Prosecutors interrogated dozens of witnesses, including hotel staff, Payne’s relatives and friends, as well as expert doctors and psychiatrists.

November 07, 2024 22:02 UTC

“I wanted to be around my fellow countrymen on the night of the election,” she said with a wan smile. On this night, however, he was hoping to see Kamala Harris win the so-called “blue wall” states of Michigan, Wisconsin, and Pennsylvania. As of Wednesday afternoon, Trump had tallied 295 electoral college votes, or 25 more than is required to secure the presidential election. Democrats living and studying abroad, meanwhile, are finding new meaning in one of the Johnny Cash songs that Williamson selected. I fell into a burning ring of fireI went down, down, downAnd the flames went higherAnd it burns, burns, burnsThe ring of fireThe ring of fire

November 07, 2024 09:18 UTC

The Republican former president’s win signals the return of the populist far right to the most powerful government in the world, with broad-ranging implications for Latin America. The Herald spoke to Benjamin Gedan, director of the Wilson Center’s Latin America Program, about what the region can expect from Trump’s upcoming four-year term. How will Trump’s presidency affect the dynamics of regional relations in Latin America? The last time around, President Trump’s “my way or the highway” strategy was poorly received in the Americas. U.S. economic policy could be highly problematic for Latin America, in a period of prolonged economic stagnation.

November 06, 2024 19:57 UTC

Republicans also obtained a majority in the Senate and are close to achieving the same in the House of Representatives. We can also infer that the United States is not ready for a woman president and that, despite a clear Republican win, society remains deeply polarized. Regarding state bureaucracy, Trump has promised to reform numerous state dependencies by destroying them. This could lead to an administration even more beset by Trump’s cult of personality and continue to disarm the inner dynamic of the Republican Party, which is now firmly in the grasp of the MAGA movement. Trump’s win will also strengthen far-right leaders and politicians in Europe and Latin America.

November 06, 2024 16:00 UTC

English rock phenomenon Oasis, the band of brothers Liam and Noel Gallagher, announced the dates for their Argentina stop on their “Oasis Live ‘25” tour next year. The group will perform in River Plate Stadium on November 15 and 16, 2025. Tickets for Argentina are sold through the site AllAccess, and capped at four entries per fan, per city. Oasis just announced the dates for the South American leg of their tour. Next year’s tour includes dates in the United Kingdom, Ireland, North America, and Australia — all of which have already sold out.

November 05, 2024 14:11 UTC