Argentina

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Argentina Wraps 2023 With Historic Inflation
2023 Inflation in
Argentina: 211%

2023 Inflation in Argentina: 211%

New president says astronomical rate will soon be followed by a reduction

(Newser) - Argentina's annual inflation soared to 211.4% in 2023, the highest rate in 32 years, according to figures released Thursday by the government's INDEC statistics agency. The data reflect the strong impact of a series of shock measures, including a 50% devaluation of the nation's currency, implemented...

Argentina's New President Kicks Off His 'Shock Measures'

Javier Milei says drastic currency devaluation, cuts to energy and transportation subsidies are needed

(Newser) - Argentina on Tuesday announced a sharp devaluation of its currency and cuts to energy and transportation subsidies as part of shock measures new President Javier Milei says are needed to deal with an economic emergency. Economy Minister Luis Caputo said in a televised message that the Argentine peso will be...

Argentina's New Leader: 'There's No Money'

Javier Milei sets stage for major spending cuts

(Newser) - It wasn't the most uplifting of inaugural addresses. Rather, President Javier Milei presented figures to lay bare the scope of Argentina's economic emergency and sought to prepare the public for a shock adjustment with drastic public spending cuts, the AP reports. "We don't have alternatives, and...

It Could Be the Priciest Sports Memorabilia Collection Ever Sold

Sotheby's to auction 6 shirts worn by Lionel Messi in winning World Cup run

(Newser) - Sotheby's is to auction six shirts worn by Lionel Messi during Argentina's winning run at last year's soccer World Cup in Qatar and thinks they could become the most valuable collection of sports memorabilia ever sold at potentially more than $10 million. The auction house said Monday...

Trump Admirer Will Be Argentina's Next President

Javier Milei beats Sergio Massa in run-off election

(Newser) - Populist Javier Milei resoundingly won Argentina's presidential election Sunday, swinging the country to the right following a fiercely polarized campaign in which he promised a dramatic shake-up to the state to deal with soaring inflation and rising poverty, the AP reports. With 99.4% of votes tallied in the...

Theater's Renowned Acoustics Clearly Convey Political Jeers

Argentine presidential candidate goes to the opera before runoff

(Newser) - Both jeers and cheers for Argentina's right-wing presidential candidate resounded with acoustic perfection inside the legendary Colón Theater in Buenos Aires, laying bare the country's polarization on the eve of Sunday's runoff . The audience had gathered Friday evening in Latin America's premier opera house, which...

Bummed Taylor Swift Fans Get a Reprieve From an Airline

After Friday concert in Buenos Aires was postponed until Sunday, LATAM waived change fees

(Newser) - Travis Kelce made it to apparent girlfriend Taylor Swift's show in Buenos Aires, Argentina, on Saturday (and gave her a public smooch ), but others weren't so lucky if they had tickets to Friday night's performance. That show was canceled due to "truly chaotic" weather, per...

At 140%, Inflation Changes Clothes Shopping in Argentina

Secondhand markets boom: 'We simply can't buy new things'

(Newser) - With Argentina in its worst economic crisis in decades, shopping for clothes has become more complicated. "You can't just go to the mall and buy something you like as you did before," said Aylen Chiclana, 22, a student in Buenos Aires. "Today prices are unthinkable."...

Trump Admirer's Lead Disappears on Election Day

Sergio Massa defeats Javier Milei, setting up a runoff next month

(Newser) - The far-right populist and Donald Trump admirer who had been leading in the polls was denied a first-round victory in Argentina's presidential election on Sunday and is headed for a runoff. Economy Minister Sergio Massa, a centrist, defeated Javier Milei , 36.6% to 29.9%, the Guardian reports. They'...

Priest Charged in 'Dirty War' Torture Could Face Justice Soon

Franco Reverberi fled to Italy from Argentina more than a decade ago

(Newser) - A Catholic priest accused of taking part in torture sessions during Argentina's "Dirty War" regularly says Mass in the small town in northern Italy where he now resides—but victims still hope to see him face justice in Argentina. Franco Reverberi left Italy for Sorbolo, the town his...

Argentina Closes Nazi Publisher
Argentina Raids Nazi Publisher

Argentina Raids Nazi Publisher

Police official says operation made 'historic seizure' of material

(Newser) - A publisher near Buenos Aires selling books with antisemitic content was raided and shut down on Wednesday by Argentine authorities in what one official called a "historic seizure" of Nazi material. Libreria Argentina printed and sold Nazi propaganda texts and books with images of swastikas, iron crosses, and the...

Trump Admirer Stuns in Argentina
Trump
Admirer
Stuns in
Argentina

Trump Admirer Stuns in Argentina

Far-right populist Javier Milier emerges as surprise frontrunner after primary elections

(Newser) - Far-right populist Javier Milei rocked Argentina's political establishment Sunday by emerging as the biggest vote-getter in primary elections to choose presidential candidates for the October general election in a nation battered by economic woes. Milei, an admirer of former President Trump who loves being compared to him, says Argentina'...

This Nation Spends the Most Time Online

South Africans spend average 578 minutes per day on the internet, per Atlas VPN

(Newser) - It can be hard to accurately estimate how much time we spend online, though Atlas VPN notes that for many of us, it's a "significant portion of our day." Using data on internet usage trends among internet users 16 to 64 years old, the VPN service found...

Argentina's Inflation Rate Hits Grim Milestone

It's 5th country to see annual inflation enter triple digits

(Newser) - A Swiss banking giant isn't the only foreign entity having a rough week. Argentina on Tuesday announced that month-on-month inflation hit 6.6% in February, pushing its 12-month rate to 102.5%. That means the prices of many consumer goods have doubled over the course of a year, per...

World Cup Victory Parade Gets a Little Out of Hand

Argentine team was airlifted off bus in Buenos Aires chaos; one fan is dead, young boy in coma

(Newser) - The world is still celebrating the Argentine soccer team's World Cup win over France over the weekend, with exuberant fans scooping up Lionel Messi jerseys and celebrating on the star's Instagram page. The celebration got a little too wild in the nation's capital and elsewhere, however, leading...

A Messi Image Is Now the King of Instagram

Celebration photo has more than 62M likes

(Newser) - Lionel Messi vanquished France , and now he has vanquished the famous egg of Instagram. An image of Messi celebrating Argentina's dramatic World Cup victory had racked up more than 62 million likes as of Tuesday morning on on the soccer star's Instagram page , making it the most-liked image...

Messi, Argentina Top France in World Cup Final for the Ages

Penalty kicks decide champion after Mbappe scores hat trick in losing cause

(Newser) - In what analysts are calling one of the most exciting finals in World Cup history, highlighted by exceptional performances by the teams' biggest stars, Argentina defeated France on Sunday on penalty kicks to take soccer's championship for the third time. The shootout won 4-2 by Argentina took place after...

Argentina, France Are Counting On These Players

Teams have potential heroes beyond Messi and Mbappé

(Newser) - Lionel Messi will line up for Argentina and Kylian Mbappé will be on the opposite side for France on Sunday in the World Cup final in Qatar. Messi has been there before but lost in the 2014 final to Germany. Mbappé won the 2018 title after scoring a goal against...

Argentina Brought 1,100 Pounds of This to World Cup

Traditional herbal beverage is essential to many South American players

(Newser) - When they took the field versus Croatia in Tuesday's semifinal World Cup match , the taste of yerba mate may have still been fresh in mouths of Argentinian players. That’s because they and many other South American players swear by the traditional herbal beverage, according to the New York ...

Messi, Argentina Celebrate
Messi, Argentina Celebrate

Messi, Argentina Celebrate

Shootout victory sets up match Tuesday against Croatia

(Newser) - Lionel Messi and his teammates hung around on the field for 20 minutes, taking turns dancing and jumping up and down in front of their celebrating, scarf-waving fans. Argentina was going to savor reaching the World Cup semifinals. Messi's quest to win soccer's ultimate prize is still alive....

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