DIRS.INFO The most relevant business & tech news

☆ Trump-admiring populist Milei lashes out at Argentina's governors after major reform bill setback
▼ + stars: | 2024-02-07 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Argentina's President Javier Milei accused governors of seeking "to destroy" his sweeping economic reform bill, shortly after his ruling party abruptly withdrew the package from the floor of the country's lower house. The so-called "omnibus" bill, which had received support in general terms from opposition lawmakers last week, was rejected on Tuesday during an article-by-article approval process. The package of measures is a core tenet of Milei's push to reform Latin America's third-largest economy. Among other issues, the bill seeks to privatize state entities, increase penalties for social protests and scale back some environmental protections. Milei's Libertad Avanza party has pledged to send the bill back to committees to be debated when governors "understand that it is the people who need it, not the government."

Persons: Javier Milei, Jimena Blanco, Verisk Maplecroft Organizations: National, CNBC Locations: Argentina, Buenos Aires, Americas

☆ In Major Setback for Argentina's Milei, Sweeping Reform Bill Sent Back to Committee
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

BUENOS AIRES (Reuters) - A major economic reform package championed by Argentina's libertarian President Javier Milei will be sent back to a legislative committee for consideration, the president's party said on Tuesday, marking a major setback for the bill after lawmakers rejected many of its provisions. The rejections played out during the article-by-article approval process, after legislators voted to approve the so-called "omnibus" proposal in general terms late last week. Some opposition legislators called on those backing the reform package to compromise. "We ask the ruling party to have some flexibility. They love to keep losing," said opposition lawmaker Miguel Pichetto during the legislative session.

Persons: Javier Milei, Miguel Pichetto, Nicolas Misculin, David Alire Garcia Organizations: BUENOS AIRES, Reuters Locations: BUENOS, Libertad

☆ Argentina Lower Chamber Approves Milei's 'Omnibus' Reform Bill
▼ + stars: | 2024-02-02 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

BUENOS AIRES (Reuters) - Argentina's lower chamber of deputies gave overall approval to libertarian President Javier Milei's sweeping "omnibus" reform bill in a vote on Friday after days of debate, paving the way for a decisive vote in the Senate. The controversial reform package was approved on a vote of 144 votes in favor, and 109 against. The mammoth bill is a key plank of Milei's reforms plans for Argentina's embattled economy, which is grappling with inflation above 200%, depleted foreign currency reserves and a time-bomb of debt repayments owned to creditors and investors. Milei's Libertad Avanza party only holds a small number of seats in the 257-seat chamber, but was still able to muster enough support from likeminded allies to advance the bill. (Reporting by Nicolas Misculin and Eliana Raszewski; Editing by Diane Craft and Sandra Maler)

Persons: Javier Milei's, Milei's, Nicolas Misculin, Diane Craft, Sandra Maler Organizations: BUENOS AIRES, Reuters, Senate Locations: BUENOS

☆ China says it would be a 'huge foreign policy mistake' for Argentina to cut ties
▼ + stars: | 2023-11-21 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Argentine presidential candidate for the La Libertad Avanza alliance Javier Milei speaks to supporters after winning the presidential election runoff at his party headquarters in Buenos Aires on November 19, 2023. China on Tuesday issued a warning to Argentina that it would be a "huge foreign policy mistake" for Buenos Aires to cut ties, shortly after right-wing libertarian Javier Milei secured victory in the South American nation's presidential runoff. The president-elect said Argentina would no longer work with "communist" regimes, reportedly likened Beijing's government to an "assassin" and said the people of China were "not free." China's Foreign Ministry Spokesperson Mao Ning said on Tuesday that bilateral relations had shown "sound momentum," adding that Beijing "stands ready to work with Argentina to keep our relations on a steady course." "No countries could step out of diplomatic relations and still be able to engage in economic trade and cooperation," Mao said.

Persons: Javier Milei, Sergio Massa, Mao Ning, Mao Organizations: Argentine, La Libertad, American, Peronist Economy, China's Foreign Locations: Buenos Aires, China, Argentina, Beijing

☆ Trump-admiring populist Milei wins in Argentina, edging the country closer to a dollarized economy
▼ + stars: | 2023-11-20 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Newly elected President of Argentina Javier Milei of La Libertad Avanza speaks after the polls closed in the presidential runoff on November 19, 2023 in Buenos Aires, Argentina. Argentina's Javier Milei, a far-right political outsider often compared to former U.S. President Donald Trump, vowed to deliver on his radical economic policies shortly after winning the country's presidential run-off. Among some of his proposed policies, Milei has pledged to dollarize the economy, abolish the country's central bank and privatize the pension system. We have the determination to put Argentina on its feet and move forward," Milei said shortly after his victory, according to a translation. The challenges facing Milei's presidency are significant, however — particularly given that the country is once again in the grip of a profound economic crisis.

Persons: Argentina Javier Milei, La Libertad Avanza, Argentina's Javier Milei, Donald Trump, Sergio Massa, Milei Organizations: La Libertad, Peronist Economy Locations: Argentina, Buenos Aires

☆ Can Argentina really move from the peso to the dollar?
▼ + stars: | 2023-11-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +7 min

2 economy and ditch its peso currency in favor of the US dollar. Milei must tackle inflation above 140%, a shortfall in foreign currency reserves and the prospect of another painful recession. Argentina’s financial markets are closed Monday for a local holiday, but the peso weakened slightly in partial trade to stand at around 353.58 to the US dollar. Bruno Gennari, Argentina expert at fixed income broker dealer KNG Securities, said the peso was trading at $1,009 versus the dollar on crypto exchanges Monday, considerably weaker than the $869 and $975 rates seen on Friday. Dollarization means Argentina would give up the peso and use the US dollar as its currency, effectively wresting control of monetary policy from the country’s central bank and handing it to the US Federal Reserve.

Persons: London CNN — Javier Milei, Sergio Massa, Milei, ” —, —, ” Milei, ”, “, Bruno Gennari, Javier Milei, Natacha, dollarization, ” William Jackson, “ It’s, Thierry Larose, ” Larose, Kristalina Georgieva, Jackson, — Valentina Gonzalez, Stefano Pozzebon, Olesya Dmitracova Organizations: London CNN, Libertad Avanza, Peronist, “, ” Financial, Argentine, State, Banco, Grupo Financiero Galicia, KNG Securities, US Federal Reserve, AP, Capital Economics, Vontobel, Management, CNN, Monetary Fund, Bank, IMF, Reuters Locations: Argentina, New York, Brazil, Mexico, Dollarization, Argentina’s, Zurich, dollarization, Washington, DC, Argentine

☆ Argentina elects 'shock therapy' libertarian Javier Milei as president
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: +2 min

Javier Milei presidential candidate of the La Libertad Avanza (Freedom Advances) party, speaks at the campaign closing event on Oct.18, 2023. Argentina elected libertarian outsider Javier Milei as its new president on Sunday, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit inflation, a looming recession and rising poverty. Official results showed Milei with near 56% versus 44% for his rival, Peronist Economy Minister Sergio Massa, who conceded in a speech. His candidacy was hampered by the country's worst economic crisis in two decades while he has been at the helm. I have contacted Javier Milei to congratulate him," Massa said.

Persons: Javier Milei, Sergio Massa, Massa, Milei, Cristian, Lista Organizations: La Libertad, Peronist, International Monetary Fund Locations: Argentina, Buenos Aires, China, Brazil

☆ Argentines vote in election that could lead Trump-admiring populist to the presidency
▼ + stars: | 2023-11-19 | by ( ) www.cnbc.com time to read: +2 min

Javier Milei presidential candidate of the La Libertad Avanza (Freedom Advances) party, speaks at the campaign closing event on Oct.18, 2023. Voters in Argentina head to the polls Sunday in a presidential runoff election that will determine whether South America's second-largest economy will take a rightward shift. Populist Javier Milei, an upstart candidate who got his start as a television talking head, has frequently been compared to former U.S. President Donald Trump. The highly polarizing election is forcing many to decide which of the two they consider to be the least bad option. "It would be incredible for Massa to win in this economic context or for Milei to win facing a candidate as professional as Massa."

Persons: Javier Milei, Donald Trump, Sergio Massa, Massa, Lucas Romero, Milei, I'm, Esteban Medina Organizations: La Libertad, Peronist, Massa, Associated Press Locations: Argentina, Argentine, Buenos Aires

☆ Explainer: What you need to know about Argentina's presidential election run-off
▼ + stars: | 2023-11-17 | by ( Maximilian Heath | ) www.reuters.com time to read: +4 min

BUENOS AIRES, Nov 17 (Reuters) - Argentina will vote in a run-off presidential election on Sunday, with Peronist Economy Minister Sergio Massa taking on libertarian outsider Javier Milei to determine the future of the region's second largest economy. It has one of the largest reserves of electric vehicle battery lithium, and huge shale gas and oil potential. Massa, the current government's wheeler-dealer 51-year-old economy chief, represents the ruling Union por la Patria (UP) coalition. The registry for the 2023 election is 35.4 million people and Argentines abroad can vote. In the runoff, the candidate who obtains the greatest number of total votes wins and would govern for a four-year term.

Persons: Sergio Massa, Javier Milei, Alberto Fernandez, Juan Peron, Evita, Donald Trump, Jair Bolsonaro, Massa, Milei, Patricia Bullrich, Juan Schiaretti, Pollsters, Maximilian Heath, Adam Jourdan, Andrew Cawthorne Organizations: Peronist Economy, Peronist, CARE, Monetary, WHO, La Libertad Avanza, U.S, la Patria, Pellegrini, Argentine Ministry of, REUTERS, Massa, WHAT'S, Investors, Thomson Locations: BUENOS AIRES, Argentina, China, Latin America, Brazilian, Peronism, Buenos Aires, Milei, Peronist

☆ Argentina election: Will Milei’s plan to ditch peso for the dollar be a vote-winner against Massa?
▼ + stars: | 2023-11-16 | by ( Analysis Stefano Pozzebon | ) edition.cnn.com time to read: +8 min

To fix the problem, Argentina should abandon the peso and adopt the dollar, whose value is set by the US Federal Reserve and cannot be printed at will. Massa has criticized the plan for dollarization as a surrender of national sovereignty and attempted to show that the government’s current actions are already paying dividends. Other mainstream politicians, including former the President Mauricio Macri and another former election candidate, Patricia Bullrich, have endorsed Milei despite sharing some reservations on dollarization. ET) and the vote count is expected to be quick – barring any unforeseen problems or objections, that is. Milei appeared to question the results of the first round of voting in October, although his party did not formally appeal.

Persons: Argentina’s, Sergio Massa, Javier Milei, Milei, Massa, dollarization, Pope Francis, “, Satan ”, Francis, Tucker Carlson, Milton Friedman, Argentinians, Mauricio Macri, Patricia Bullrich, Brazil’s Luiz Inácio Lula da Silva, Colombia’s Gustavo Petro, Spain’s José Luis Rodriguez Zapatero, Jair Bolsonaro, Mario Vargas Llosa, Mariano Rajoy, Donald Trump Organizations: CNN, Massa, Union por la Patria, Union, La Libertad, US Federal Reserve, Cato Institute Locations: Buenos Aires, Argentina, South America, Latin America, Ecuador, El Salvador, US, Argentina’s, Peruvian, Spanish

The economy is likely already in recession and is expected to contract again next year. Shortly after being sworn in as economy minister, Massa in August 2022 pledged to stop printing money to fight inflation. "Markets will likely prefer a Milei victory simply because he is more credible on delivering the fiscal adjustment." "Every investor understands that the macroeconomic adjustments that Argentina needs will inevitably translate into short-term pain." For investors, Argentine stocks traded in New York (.MIAR00000PUS) have been a beacon of hope, up near 15% year to date.

Persons: Sergio Massa, Javier Milei, Luis Robayo, Pilar Tavella, Alejo Czerwonko, Massa, Carlos de Sousa, UBS's, JPMorgan's Diego Celedon, Celedon, Rodrigo Campos, Adam Jourdan, Lisa Shumaker Organizations: por la Patria, La Libertad, University of Buenos, Law School, Global, Peronist, Barclays, Reuters Graphics Reuters, Argentina, Monetary Fund, Itau, IMF, Emerging, UBS Global Wealth Management, Vontobel Asset Management, Argentine, UBS, Thomson Locations: Argentina, University of Buenos Aires, Buenos Aires Argentina, New York, Argentine, outperforming

☆ Argentina's conservatives gamble for survival on odd couple Milei and Macri
▼ + stars: | 2023-11-15 | by ( Lucila Sigal | ) www.reuters.com time to read: +5 min

Luis Robayo/Pool via REUTERS/File Photo Acquire Licensing RightsBUENOS AIRES, Nov 15 (Reuters) - Javier Milei shot to prominence lambasting Argentina's traditional political elite. Now the radical presidential election frontrunner is the mainstream conservatives' best shot at clinging onto power. If Milei loses, it could precipitate the fracturing of the conservative coalition between more right-wing and moderate wings. "There may be some Milei voters who get angry at an alliance with the 'caste', just as there may be Macri voters who get angry at an alliance with Milei," said Fornoni. "We don't know today what power Macri will have, if Macri will end up absorbing Milei or Milei absorbing Macri.

Persons: Javier Milei, Luis Robayo, Sergio Massa, Milei, Mauricio Macri, Patricia Bullrich, Donald Trump, Shila Vilker, Trespuntozero, Mariel Fornoni, GAMBLE, Massa, Pope Francis, Milei's, Macri, it's, Ezequiel Salinas, Fornoni, Lucila Sigal, Nicolás Misculin, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, La Libertad, University of Buenos, Law School, Peronist, Management, Bullrich, Reuters, Milei, Thomson Locations: University of Buenos Aires, Buenos Aires Argentina, BUENOS AIRES, China, Candelaria

☆ Explainer-Argentina Presidential Election: Key Takeaways From First-Round Vote
▼ + stars: | 2023-10-23 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +4 min

Massa and Milei will go to a run-off vote on Nov. 19 to take the presidency from mid-December, replacing outgoing center-left Peronist President Alberto Fernandez. Massa ended the night with 36.7% of the vote versus Milei on around 30%. Juan Schiaretti, who got a higher-than-expected vote share of nearly 7%, could also play an important king-maker role. Argentina's election race comes at a time of major uncertainty for the South American country facing its worst economic crisis in two decades. Any incoming government will have to resuscitate an economy facing triple-digit inflation, negative net foreign exchange reserves, and a sliding currency.

Persons: Maximilian Heath BUENOS, Sergio Massa, Javier Milei, Massa, Milei, Alberto Fernandez, Conservative Patricia Bullrich, Milei's, Donald Trump, Jair Bolsonaro, Juan Schiaretti, pollsters, Maximilian Heath, David Holmes Organizations: Reuters, Peronist Economy, Milei, Conservative, La Libertad Avanza, U.S, la Patria, Peronist, BE, WHAT'S, South, International Monetary Locations: Maximilian Heath BUENOS AIRES, Argentina, Brazilian, Massa, South American

☆ Argentine assets under pressure as Economy Minister Massa beats far-right Milei in first-round vote
▼ + stars: | 2023-10-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Presidential candidate for La Libertad Avanza Javier Milei looks on during a presidential debate on October 01, 2023 in Santiago del Estero, Argentina. Argentine dollar-denominated bonds were broadly lower Monday after the country's presidential election threw up another surprise result and spelled more uncertainty ahead. Economy Minister Sergio Massa of the ruling Peronist coalition took 36.6% of Sunday's first-round vote, ahead of radical libertarian Javier Milei on 30%, while center-right candidate Patricia Bullrich received 23.8%. It means Massa and Milei will now go head-to-head in a run-off vote on Nov. 19. Financial stocks opened lower before trimming losses, while U.S.-listed stocks of Argentine firms including argicultural business Cresud were lower.

Persons: Javier Milei, Argentinians, Sergio Massa, Sunday's, Patricia Bullrich, Massa, Milei Organizations: La Libertad, Argentine, Economy, Peronist, Reuters Locations: Santiago del Estero, Argentina, U.S

☆ Argentina farmers eye election showdown with doubt and mistrust
▼ + stars: | 2023-10-23 | by ( Maximilian Heath | ) www.reuters.com time to read: +2 min

Tomas... Acquire Licensing Rights Read moreBUENOS AIRES, Oct 23 (Reuters) - Argentina's farmers, some of the world's most important producers of soy, corn, wheat and beef, have some strong views on the country's polarized presidential election finalists: untrustworthy and unreliable. Sara Gardiol, president of the Confederation of Rural Associations of farm province Santa Fe, said that statements from both appeared to be little more than empty words. "It is a very difficult moment for Argentina, but critical situations can also provide opportunities," he said. "I hope that this opportunity allows us to recalibrate things, to talk with the different actors, but also to make sure things are clear and concrete." Reporting by Maximilian Heath; Editing by Adam Jourdan and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Massa, Javier Milei, Tomas, Patricia Bullrich, Horacio Deciancio, Massa, Deciancio, Sara Gardiol, Carlos Achetoni, Maximilian Heath, Adam Jourdan, Marguerita Choy Organizations: por la Patria, La Libertad, National University of Santiago, Sunday, Peronist, Business, of Rural, Argentine Agrarian Federation, FAA, Thomson Locations: Argentina, National University of Santiago del Estero, Santiago del Estero, BUENOS AIRES, San Vicente, Buenos Aires, Santa Fe

Argentine presidential candidate Javier Milei of La Libertad Avanza party reacts during the closing event of his electoral campaign ahead of the presidential election, in Buenos Aires, Argentina, October 18, 2023. The result, according to the cloning company, was at least four "grandchildren": Murray, Milton, Robert and Lucas, who are named for Milei's economist idols including Milton Friedman. After Conan's death, Milei sent the dog's DNA sample to animal cloning firm PerPETuate, which has written publicly about cloning Milei's dogs on its company website. Through a medium, Milei's original dog, he alleges, gave him the mission of becoming Argentina's president, which he could - against the odds - pull off today or next month. As Milei's political profile has soared, his dogs have become a point of criticism.

Persons: Javier Milei, Matias Baglietto, Milei's, Conan, confidants, Murray, Milton, Robert, Lucas, Milton Friedman, Milei, Juan Luis Gonzalez, Sergio Massa, Patricia Bullrich, Gonzalez, Opponent Massa, Anna, Catherine Brigida, Candelaria Grimberg, Andrea Ricci Organizations: Argentine, La Libertad, REUTERS, Argentina, Economy, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES

☆ Argentina’s far-right firebrand Javier Milei is the one to beat in a wide-open presidential race
▼ + stars: | 2023-10-20 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Javier Milei presidential candidate of the La Libertad Avanza (Freedom Advances) party, speaks at the campaign closing event on Oct.18, 2023. The first-round presidential vote follows a shock primary win for far-right frontrunner Javier Milei, a libertarian outsider who has pledged to dollarize the economy, abolish the country's central bank, and sharply reduce state spending. (L-R) Presidential Candidate for Juntos Por el Cambio Patricia Bullrich waves to supporters alongside Vice Presidential Candidate Luis Petri and former President of Argentina Mauricio Macri during her closing presidential rally on Oct. 19, 2023 in Lomas de Zamora, Argentina. The race to replace Argentine President Alberto Fernandez, who is not seeking re-election, is unlikely to be decided this weekend. Sergio Massa, Argentina's economy minister and presidential candidate of Unity for the Homeland party, speaks during a closing campaign rally in Buenos Aires, Argentina, on Wednesday, Oct. 18, 2023.

Persons: Javier Milei, Donald Trump, Jair Bolsonaro, Sergio Massa, Patricia Bullrich, Jimena Blanco, Verisk Maplecroft, Massa, Luis Petri, Argentina Mauricio Macri, Marcos Brindicci, Mariano Machado, Mauricio Macri, Machado, Alberto Fernandez, Verisk Maplecroft's Blanco Organizations: La Libertad, Getty, La Libertad Avanza, la Patria coalition, el Cambio, Verisk, CNBC, Juntos, Lomas de Zamora, Americas, Milei, Argentine, Unity, Homeland, Bloomberg Locations: Argentina, Milei, Bullrich, Lomas de, Argentina's, Buenos Aires

☆ Argentine voters, fired up by anger, ready to leap into the political void
▼ + stars: | 2023-10-20 | by ( Nicolás Misculin | ) www.reuters.com time to read: +5 min

REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 20 (Reuters) - Argentina may be about to leap into the political unknown. Many blame the political elite and have latched on to Milei's burn-it-all-down rhetoric. That will impact the make-up of Congress, which is being partially renewed and will likely end up fragmented. Many voters, however, appeared resigned to a Milei win - a reflection of how the former television pundit has managed to take hold of the political narrative, leveraging memes and videos online that have resonated with younger voters. "I'm going to vote for Massa, but Milei is going to win," said Stella Buk, 65, who has a book stall at the Parque Centenario fair.

Persons: Javier Milei, Agustin Marcarian, Sergio Massa, Patricia Bullrich, I'm, Sebastián Pizzo, Milei, Mariel Fornoni, Massa, Carlos Fara, Milei's, Mariel Segovia, Adriana Schedfin, Mabel Baez, Baez, Stella Buk, Nicolas Misculin, Adam Jourdan, Daniel Wallis Organizations: Argentine, La Libertad, REUTERS, International Monetary Fund, Management, Massa, Parque Centenario, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Brazil, Asia, Europe, China, Tapiales, Argentine

"He is the change that Argentina needs," said 28-year-old Milei voter Ayrton Ortiz at a recent rally in Buenos Aires province in support of the candidate. Those working with his campaign say it is his authenticity that has made him so successful, especially with two-fifths of the population in poverty and looking for a new voice. "You can like him or not, but he is himself," said Fernando Cerimedo, a political consultant who works on Milei's campaign. Many Milei voters say they are willing to take the risk. At the end of the month, you see how they count pennies and cry," said Milei voter Valentina Brites, 18.

Persons: Javier Milei, Agustin Marcarian, Juan Luis Gonzalez, Gonzalez, Milei, Donald Trump, Beppe Grillo, Ayrton Ortiz, Sergio Massa, Patricia Bullrich, MURRAY, MILTON, ROBERT AND LUCAS Milei, Karina, Conan, Murray, Milton, Robert, Lucas, Milton Friedman, Eduardo Eurnekian, Fernando Cerimedo, Fernando Morra, Valentina Brites, Javier, Anna, Catherine Brigida, Eliana Raszewksi, Lucinda Elliott, Adam Jourdan, Daniel Wallis Organizations: Argentine, La Libertad Avanza, REUTERS, American, Peronist, Forces, Libertad Avanza, Reuters, Thomson Locations: La Plata, Buenos Aires, Argentina, BUENOS AIRES, Argentine, Candelaria

☆ Argentina election 2023: what you need to know
▼ + stars: | 2023-10-13 | by ( Maximilian Heath | ) www.reuters.com time to read: +5 min

The election comes as Argentine voters have been hard-hit by 124% yearly inflation that has pummeled their purchasing power. Voting centers for the Oct. 22 election open at 8 a.m. local time (1100 GMT) and close at 6 p.m. Argentina's tight election races come at a time of uncertainty for the South American country facing its worst economic crisis in decades. PROJECTIONSFar-right libertarian Javier Milei is leading the polls ahead of Argentina's Oct. 22 presidential vote, but it remains a tight race between the top three candidates, three surveys showed. All three surveys had Economy Minister Sergio Massa in second place and conservative opposition candidate Patricia Bullrich in third.

Persons: Sergio Massa, Patricia Bullrich, Javier Milei, Alberto Fernandez, Dissident Peronist Juan Schiaretti, País, Myriam Bregman, Milei, Massa, Cristina Fernandez de Kirchner, Argentina's pollsters, Maximilian Heath, Rod Nickel Organizations: por la Patria, el Cambio, La Libertad Avanza, Argentine, WHO, Libertad, la Patria, el, Dissident Peronist, Frente de Izquierda, South, International Monetary Fund, Peronist, Thomson Locations: BUENOS AIRES, Argentina, Hacemos, South American

☆ Argentine executives pitch fiscal discipline as election hits home stretch
▼ + stars: | 2023-10-11 | by ( Jorge Otaola | ) www.reuters.com time to read: +2 min

The candidates mostly agree, however, on reducing the government's large fiscal deficit, like many business leaders. "We Argentines must stop arguing about obvious things like public spending," said Javier Goni, CEO of agribusiness company Ledesma. The election is playing out as the government struggles to service its $44 billion loan with the International Monetary Fund. The IMF forecasts that Argentina's economy will shrink 2.3% this year, with central bank reserves in the red after a historic drought trimmed $20 billion from key agricultural exports. Reporting by Jorge Otaola; Writing by Brendan O'Boyle; Editing by David Alire Garcia and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Massa, Patricia Bullrich, Javier Milei, Javier Milei's dollarization, Sergio Massa's, Javier Goni, Oscar Andreani, Jorge Otaola, Brendan O'Boyle, David Alire Garcia, Leslie Adler Organizations: por la Patria, el Cambio, La Libertad Avanza, Reuters, Ledesma, International Monetary Fund, IMF, Thomson Locations: BUENOS AIRES

☆ A new Chile? Argentina is at the epicenter of a new ‘white gold’ rush
▼ + stars: | 2023-10-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +8 min

Ricardo Ceppi | Getty Images News | Getty ImagesMomentum behind Argentina's lithium mining boom is picking up fast. The region is estimated to hold more than half of global lithium reserves, mainly located in Argentina (21%) and Chile (11%). Leftist President Gabriel Boric announced in April that the state was taking a majority stake in the country's lithium industry, dismaying some business leaders. Tomas Cuesta | Getty Images News | Getty Images"Everyone thinks in Latin America, when it comes to mining and lithium, Chile comes to mind. The protests took place shortly after a controversial change in legislation gave lithium mining companies greater access to indigenous lands.

Persons: Ricardo Ceppi, Jujuy Gerardo Morales, Mariano Machado, Gabriel Boric, Javier Milei, Argentinians, Tomas Cuesta, Verisk Maplecroft's Machado, Machado Organizations: Salinas Grandes, Getty, Eurasia Group, International Energy Agency, Americas, Verisk Maplecroft, Group, Verisk, CNBC, La Libertad Locations: Salinas, Jujuy, Argentina, Chile, America, Buenos Aires, Catamarca, Salta, Verisk, China, Chile Chile, Australia, Santiago del Estero, Argentina's

REUTERS/Cristina Sille Acquire Licensing RightsBUENOS AIRES, Oct 4 (Reuters) - Argentina's presidential election race is putting abortion access and women's rights in the spotlight, sparking fierce debate in a country that has been a pioneer in expanding reproductive rights in Latin America. The election frontrunner, economist Javier Milei, opposes abortion and wants to hold a referendum on whether the 2020 legalization of abortion before the 14th week of pregnancy should be repealed. He also wants to shut the ministry of women, gender and diversity, which he has called a type of "affirmative action" that is degrading towards women. She would leave abortion laws unchanged, though also close the women's ministry. Repealing the abortion law is not on their agenda, because "Argentina already had that debate," she told Reuters.

Persons: Javier Milei, Cristina Sille, Sergio Massa, Patricia Bullrich, Myriam Bregman, Eugenia Rolon, influencer, Nelly Borquez, Karina, Victoria Villarruel, Javier doesn't, Valentina Brites, Ayelen, Milei, Massa, Silvia Lospennato, Bullrich, Anna, Catherine Brigida, Candelaria Grimberg, Lucinda Elliott, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, La Libertad, REUTERS, Reuters, Milei, Taquion Research, PRO, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Latin America, American

This was not a WWE wrestling show, but the 2023 presidential race in Argentina where political outsider Javier Milei is the leading candidate. Argentine presidential candidate Javier Milei for La Libertad Avanza coalition gestures next to Carolina Piparo, candidate for Governor of the Province of Buenos Aires, during a campaign rally in La Plata, Buenos Aires on September 12. Milei is presenting himself as the candidate of renewal – an offer that clearly struck a chord with people in the primary vote. “I’ll vote for Milei because I think he’ll change things,” says Eduardo Murchio, a taxi driver in Argentina’s capital Buenos Aires. A worker receives Argentine peso banknotes in a shop in Buenos Aires on Sept. 26, 2023.

Persons: “, Javier Milei, –, ”, Donald Trump, Jair Bolsonaro, Carolina Piparo, Agustin Marcarian, Trump, Milei, Milei’s, Eduardo Murchio, “ I’m, it’s, Erica Canepa, Milton Friedman –, Javier Marcus, Marcus, dollarizing, Bolsonaro, Teresa Fria, Pope Francis, Pope, Satan ”, “ Pope Francis, Emiliano Lasalvia, Patricia Bullrich, Sergio Massa, Massa, Cristina Fernandez de Kirchner, Bullrich, Anita Pouchard Serra, Claudio Jacquelin, Facundo Nejamkis Organizations: CNN, WWE, Argentine, La Libertad, National Institute of Statistics, Reuters, Bloomberg, Getty, Rosario National University, Trump, Catholic, CIA, Milei, Unity, Homeland, La, Español Locations: Argentina, Mar del Plata, Argentine, Carolina, Province of Buenos Aires, La Plata, Buenos Aires, Latin America, Ecuador, El Salvador, Panama, AFP, Argentina's

"Social media is the new way of doing politics," said Eugenia Rolon, an 21-year-old influencer who describes herself as anti-feminist and fighter of a "cultural battle" against progressive ideas. Cerimedo said social media support for Milei was organic, and played down previous comments he made to local media that he had used AI-powered trolls. "Many people said Javier was going to do poorly because what happened on social media was my trolls," Cerimedo said. Agustin Romo, 27, a legislative candidate for Buenos Aires province with Milei's Libertad Avanza party, informally coordinates the social media team. "These are people who are contributing their grain of sand where they can, so that Argentina changes and Javier Milei becomes president," Romo said.

Persons: Javier Milei, Karina Milei, Agustin Marcarian, Elon Musk, Eugenia Rolon, Donald Trump, Jair, Milei, That's, Sergio Massa, Patricia Bullrich, Tucker Carlson, Bolsonaro, Diego Corbalan, Bullrich, Jeremias Madrazo, Madrazo, Massa, Inaki Gutierrez, Argentine, Fernando Cerimedo, Cerimedo, Javier, Carlson, Musk, overspending, Agustin Romo, Romo, Anna, Catherine Brigida, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, La Libertad, REUTERS, Elon, YouTube, Reuters, Peronist, Buenos, Milei's Libertad, Thomson Locations: La Plata, Buenos Aires, Argentina, BUENOS AIRES, Massa, Milei's Libertad Avanza, Candelaria

Search resuls for: "Libertad Avanza"

25 mentions found