Caputo confirms Argentina is negotiating new deal with the IMF
Economy Minister Luis Caputo said Thursday that the Argentine government is engaged in “informal talks” with the International Monetary Fund (IMF) about a new deal that could bring fresh funds to the country. The same day, Fund spokeswoman Julie Kozack confirmed that country authorities are “exploring” a potential new agreement. Caputo also said that Argentina is set to have a “closer relationship with the United States,” referencing Donald Trump’s recent electoral victory. The country is currently under an Extended Fund Facility agreement with the Fund, signed in 2022 during Alberto Fernández’s administration. That deal was struck after that Peronist government renegotiated the US$44 billion debt former President Mauricio Macri had acquired in 2018.
Source:Bueno Aires Herald
November 23, 2024 02:56 UTC
Government moves forward with Intercargo privatization
Because of this, the government is working on the documents required to open air cargo company Intercargo to privatization bids. They hope to have them ready before the end of the year, official sources told Herald sister publication Ámbito. Intercargo is the cargo company currently providing ramp-operation services and passenger transportation in 21 major airports in Argentina. An international tender process is expected, and one of the possibilities is that the entire company will be sold. Official data from the first semester of 2024 shows that Intercargo had 1,580 employees.
Source:Bueno Aires Herald
November 23, 2024 02:55 UTC
Milei rejects international arrest order against Israel’s Netanyahu
Argentine President Javier Milei rejected the arrest order the International Criminal Court (ICC) issued against Israeli Prime Minister Benjamin Netanyahu, who is being accused of committing crimes against humanity in Gaza. Milei posted a statement on X on Thursday backing Netanyahu on behalf of Argentina. He said that the country deeply disagrees with the arrest order that also involves former Israeli Defense Minister Yoav Gallant. “This decision disregards Israel’s legitimate right to defend itself from the constant attacks of terrorist organizations such as Hamas and Hezbollah,” Milei wrote. The ICC, the world’s top war-crimes court, issued the arrest order on Netanyahu and Gallant on Wednesday for war crimes and crimes against humanity.
Source:Bueno Aires Herald
November 22, 2024 06:17 UTC
Brazil coup attempt: Bolsonaro and 36 others face charges
Brazil’s Federal Police formally accused former President Jair Bolsonaro and 36 others of plotting a coup d’état in 2022 to prevent then-president-elect Luiz Inácio Lula da Silva from taking power. The final report was sent to the Federal Supreme Court with the indictment of 37 people for the crimes of violent abolition of the democratic rule of law, attempted coup d’état, and criminal organization. A spokesperson for the Police told the Herald that the General Prosecutor’s Office and the Supreme Court will determine the next steps. Last week, a former Bolsonarista candidate detonated two bombs at the Supreme Court headquarters, killing himself in the process. The charges against Cerimedo are not the only recent development involving Argentina and the coup attempt.
Source:Bueno Aires Herald
November 21, 2024 22:09 UTC
Novel sales surge after Argentina VP calls it ‘porn’
The issue spiralled when high-ranking government officials, including Villarruel, accused Buenos Aires Governor Axel Kicillof of spreading “pornographic literature” in public schools through a government program called Identidades Bonaerenses. Along with Reyes’ Eartheater, members and supporters of the ruling La Libertad Avanza coalition have denounced other works included in the program. “The people of Buenos Aires don’t deserve the degradation and immorality @Kicillofok is offering them,” wrote Villarruel on X on November 7. Buenos Aires governor Axel Kicillof — a father of two boys — responded to the controversy on November 17 by posting a picture of himself on X reading Eartheater. Are you really using that tragedy to put shit inside the heads of Buenos Aires province’s children and teenagers?
Source:Bueno Aires Herald
November 21, 2024 19:37 UTC
Argentina to export natgas from Vaca Muerta to Brazil
The governments of Argentina and Brazil signed an agreement to export natural gas from Vaca Muerta to Brazil. By the year 2030, the deal is expected to deliver 30 million cubic tons per day to Brazil, the same amount they used to export from Bolivia. The document aims to set the foundations for the required infrastructure to export gas from Vaca Muerta to Brazil. The gas is expected to be sent through the Bolivia-Argentina pipeline, which was originally intended to import gas from Bolivia. “We want to increase gas supply in Brazil in order to lower prices.
Source:Bueno Aires Herald
November 19, 2024 13:45 UTC
Argentina signs anti-hunger pact at G20 summit
Milei and Da Silva greeted each other with a handshake, standing at arm’s length. Unlike with other leaders, Da Silva did not hug or kiss his Argentine counterpart. Milei has called Da Silva “corrupt” and “communist” on several occasions, even accusing him of “interfering” in Argentina’s 2023 election campaign. Boas vindas ao presidente da Argentina, Javier Milei, na Cúpula do G20 no Brasil. Da Silva and other world leaders present at the summit are pushing for a global alliance against poverty and hunger.
Source:Bueno Aires Herald
November 18, 2024 22:10 UTC
Translation troubles: man with a woolen leg
TelegramI clocked on earlier this week to this message: “Valeeeeeen a translation trouble. If I’m being honest, I think this is more a question of cultural differences than translation trouble because I guess the understandable question was, who even uses actual telegrams anymore? By law, when you leave one job (by choice or not), you go to the Post Office and fill out a form to send a free telegram to your soon-to-be former employer. You’re allowed a maximum of 25 words, which the Post Office then plugs into its telegraph system; the message you wrote out is placed in a sealed letter and delivered in person. Share your thoughts and translation hang-ups with us on Facebook, Twitter or Instagram!
Source:Bueno Aires Herald
November 18, 2024 20:40 UTC
Milei and Macron hold private meeting at Casa Rosada
President Javier Milei held a private bilateral meeting with France’s Emmanuel Macron at Casa Rosada on Sunday morning. Macron and French First Lady Brigitte Macron arrived in Casa Rosada at 10:40 a.m. while a group of French citizens protested against the meeting outside. In the hall, Macron and Milei hugged, while Presidency Secretary Karina Milei kissed Brigitte Macron three times on the cheek. French First Lady Brigitte Macron, French President Emmanuel Macron, Argentine President Javier Milei and Argentine Presidency Secretary Karina Milei. Photo: Argentine Presidency PressThe French embassy and the Argentine government’s press team did not respond to the Herald’s request for comment.
Source:Bueno Aires Herald
November 17, 2024 16:13 UTC
Judge orders arrest of 61 fugitive Bolsonaristas in Argentina
Federal Judge Daniel Rafecas has requested the arrest of 61 Brazilians who are living in Argentina and were convicted in Brazil for participating in the January 2023 storming of government buildings. Some who were sentenced or indicted escaped their house arrest in Brazil and moved to Argentina. According to official data, 181 Brazilians requested political asylum in Argentina in 2024 through the National Refugee Commission. However, Security Minister Patricia Bullrich told CNN Brazil on Saturday that the Argentine security forces will look for the fugitives. He added that if he were in the same situation as some of the convicted Brazilians, he would not feel at ease.
Source:Bueno Aires Herald
November 17, 2024 08:31 UTC
Pettovello trusts judiciary is 'up to the task' of Kirchner's potential pension lawsuit
Widows of presidents and VPs, as well as their children who are underaged or have disabilities, are also entitled to a vice presidential pension. The minister spoke on Wednesday with President Javier Milei and asked him what options ANSES had regarding Cristina Kirchner’s pensions. Therefore, after the Federal Cassation Chamber upheld Kirchner’s 6-year prison sentence for the “Vialidad” case, the government announced it would be canceling her presidential pension. “The same criteria used for Cristina Kirchner will be applied to Boudou; he will have his privileged pension canceled,” Pettovello told Ámbito. Government cancels Cristina Kirchner’s presidential pensionsThe Argentine government announced on Thursday that it would cancel Cristina Kirchner’s two official pensions.
Source:Bueno Aires Herald
November 16, 2024 16:52 UTC
Argentina secures financial surplus for ninth month in a row
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.
Source:Bueno Aires Herald
November 16, 2024 09:48 UTC
Get Out! Drag, design, and more food than is probably healthy
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.
Source:Bueno Aires Herald
November 16, 2024 02:44 UTC
Milei meets with Trump, calls his win 'greatest political comeback in history’
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.”
Source:Bueno Aires Herald
November 16, 2024 02:44 UTC
Argentina alone votes against UN resolution protecting women and girls
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).
Source:Bueno Aires Herald
November 15, 2024 06:22 UTC