U.S. Treasury Secretary Scott Bessent visited Buenos Aires on Monday to express full support for President Javier Milei’s sweeping economic reforms, calling them a turning point in Argentina’s comeback from financial collapse.
rgentina sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary Fund on Friday and, in a major policy move ahead of the deal, dismantled key parts of its years-long currency controls and loosened its grip on the peso.
Since joining in 1956, Argentina has become the IMF’s biggest debtor. On Friday, it secured a new $20B deal—its 23rd program. The first dates back to 1958 with a $75M loan. In total, Argentina has received $177B from the IMF to fight inflation and repeated economic crises.
Argentina has finalized a $20 billion IMF deal to stabilize reserves and repay existing debt amid severe economic challenges.
Thousands of pensioners, union members, and civil organization representatives protested outside Argentina’s Congress against President Javier Milei’s budget cuts and IMF negotiations. The protests come as lawmakers approve a new IMF loan, fueling concerns about austerity and its social impact.
Eight medical professionals who treated late football icon Diego Maradona in the days leading up to his death are currently on trial for culpable homicide.
Argentina has declared three days of national mourning following catastrophic flash floods that ravaged the port city of Bahia Blanca, leaving at least 16 people dead, officials announced late Sunday.
Argentina's President Javier Milei is under investigation for fraud after endorsing the cryptocurrency $LIBRA, which surged and then crashed, causing significant investor losses.
A social media post by Argentine President Javier Milei endorsing a cryptocurrency has sparked controversy, backlash, and impeachment threats
Argentina’s President Javier Milei declared that he would follow the United States in withdrawing from the World Health Organization due to “profound differences in health management, especially due to the pandemic, which led us to the longest confinement in the history of humanity.”
Fans of Liam Payne gathered outside the Buenos Aires hotel on Monday to honor the late singer, placing flowers at a makeshift shrine where he tragically died two months ago.
Argentina’s monthly inflation is likely to stay below 3% in November, one of the lowest levels this year.
You can download the AnewZ application from Play Store and the App Store.
