Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home

BUENOS AIRES, Argentina (AP) — Argentina’s monthly inflation rate eased sharply to a single-digit rate in April for the first time in half a year, data released Tuesday showed, a closely watched indicator that bolsters President Javier Milei’s severe austerity program aimed at fixing the...

Argentina's inflation drops to 1st single-digit rate in 6 months, a triumph for President Milei not felt on the streets

Argentina will get next installment of bailout as IMF praises Milei's austerity policies

BUENOS AIRES, Argentina (AP) — The International Monetary Fund, Argentina's biggest creditor, agreed Monday to release the next tranche of loans due under a bailout program, endorsing government austerity measures so severe they even surpass the terms of its $43 billion loan. The...

A train in central Buenos Aires strikes a boxcar on the track, injuring dozens

BUENOS AIRES, Argentina (AP) — At least 90 people were injured in Argentina's capital when a passenger train struck an empty boxcar on the tracks and derailed Friday, authorities said, a rare collision that fueled questions about basic safety. The train was on its way from Buenos...

Argentina labor unions' 24-hour strike against President Milei paralyzes daily life

BUENOS AIRES, Argentina (AP) — Argentina’s biggest trade unions mounted one of their fiercest challenges to the libertarian government of President Javier Milei, staging a mass general strike on Thursday that led to the cancellation of hundreds of flights and halted key bus, rail and subway...

With inflation soaring, Argentina will start printing 10,000 peso notes

BUENOS AIRES, Argentina (AP) — Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note in circulation by five — to 10,000 pesos, worth about $10. The central bank announcement Tuesday promised to...

This fiery economist became Argentina's president railing against politicians. Now he's wooing them

BUENOS AIRES, Argentina (AP) — When interviewed about his plans after a shock electoral victory last fall, Argentina's President-elect Javier Milei gave his go-to answer in a blink: “To exterminate inflation." “After that ..." he trailed off, as though searching for anything...

Iran rejects Argentina's request to arrest interior minister over 1994 bombing at Jewish Center

BUENOS AIRES, Argentina (AP) — Iran lashed out at Argentina on Wednesday after the South American country sought the arrest of Iran's Interior Minister Ahmad Vahidi over his alleged involvement in the deadly 1994 bombing of a Buenos Aires Jewish community center. Without...

With public universities under threat, massive protests against austerity shake Argentina

BUENOS AIRES, Argentina (AP) — Raising their textbooks and diplomas and singing the national anthem, hundreds of thousands of Argentines filled the streets of Buenos Aires and other cities on Tuesday to demand increased funding for the country’s public universities, in an outpouring of anger at...

Unprecedented wave of narco-violence stuns Argentina city

ROSARIO, Argentina (AP) — The order to kill came from inside a federal prison near Argentina's capital. Unwitting authorities patched a call from drug traffickers tied to one of the country's most notorious gangs to collaborators on the outside. Hiring a 15-year-old hit man, they sealed the fate...