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Argentina on brink of collapse as currency fails, leaving country nearly broke

May 14, 2023 -

As per Buenos Aires-based consulting firm 1816 Economia & Estrategia, the South American nation has already depleted all of its available liquid international reserves, along with an additional estimated $1 billion. This situation further intensifies the challenges faced by the country, as it deals with a historic drought and the looming prospect of a recession, Bloomberg News reported this week.

With limited available cash reserves, concerns are emerging regarding the government's ...

Argentina’s President-elect Javier Milei says country won’t join BRICS group… instead, he will embrace the collapsing DOLLAR

November 25, 2023 -

Diana Mondino, senior economic adviser to Milei, confirmed this development to Sputnik Brazil on Nov. 20, a day after Milei won the country's second presidential runoff. She told the outlet that Argentina was not planning to become a BRICS member come Jan. 1, 2024. The nation's prior request to join the group was approved in August – alongside those from Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates.

"I don't know why there is so much interest ...

Argentina’s President-elect Javier Milei says central bank shutdown NON-NEGOTIABLE

November 30, 2023 -

Milei's office said in a statement posted on the X platform that the BCRA's closure was a "non-negotiable matter." The statement appeared to be a response to "false rumors," Reuters said. Aside from the remarks about the central bank, the statement also confirmed several appointments in Milei's cabinet.

Economist Osvaldo Giordano from the central Cordoba region will lead Argentina's National Social Security Administration, a key institution that could come ...

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Protesters in Argentina force Monsanto to destroy GMO seed manufacturing plant

Argentine farmers dismantle Monsanto facility in act of defiance, refuse to continue being poisoned

Monsanto's devastation of health and environment in Argentina documented in heart-rending photos

Argentina's citizens block construction of Monsanto GMO plant, fight to protect sanctity of seeds and food against ...

Socialists in Argentina PROTEST against Milei’s proposed austerity measures

January 04, 2024 -

The protesters gathered in the capital carrying images of iconic socialist figures Che Guevara and Eva Peron. They argued that the push for deregulation under Milei, who took office in December, will favor big business interests – at the expense of welfare programs and public protections.

Milei's reforms seek to overhaul the South American nation's economic landscape. These include the elimination and revision of over 300 regulations governing private companies. Even ...

Argentina halts all soy exports as food protectionism escalates

March 16, 2022 -

One of the world's largest producers of soy (much of it genetically modified), Argentina has decided to halt all exports of soybean meal and oil, which are used as cheap fillers to produce processed junk food.

A memo signed by Javier Preciado Patino, Argentina's secretary for agriculture markets, explained that in order to increase control over local farm goods for protectionist purposes, his country will be holding on to its soy products for the time ...

Argentina sees boom in lithium production as Chile tightens control

April 27, 2023 -

The projects are soon to go online in the mountainous north of Argentina, the world's fourth-largest producer of lithium, a silvery-white metal. It has been luring investments from Canadian and Chinese mining firms with a regional and market-led model.

Its neighbor Chile, which is the region's top lithium producer, recently announced its plans for a state-led public-private model, which has scared some investors. Another neighbor, Bolivia, has long retained strong ...

Argentina, Iran apply to join BRICS group of emerging economies

June 29, 2022 -

BRICS is made up of Brazil, Russia, India, China and South Africa. British Economist Jim O'Neill first coined the term in 2001 in his "Building Better Economic BRICs" study. South Africa later joined the bloc in 2010, which added the letter "S" to the group's acronym.

Saeed Khatibzadeh, spokesman for the Iranian Ministry of Foreign Affairs, said Tehran has already had "a series of consultations" with BRICS about its application. He lauded the group's "very creative mechanism ...

Argentina launches new vaccine mandate for passports, licenses and more

January 24, 2019 -

Make no mistake, vaccine mandates have nothing to do with public health initiatives, and everything to do with Big Government ensuring you are a compliant member of the flock.Argentina launches ludicrous vaccine mandate

As Robert Scott Bell reports, Argentina's Senate approved a law that would establish citizens' obligation to be vaccinated against "vaccine-preventable" diseases in order to have access to a number of basic essentials. The law reportedly ...

Move over USD: Argentina uses Chinese yuan to settle IMF debt

July 19, 2023 -

IMF spokesperson Julie Kozack confirmed on Thursday, July 13, that Argentina paid the IMF in Chinese yuan worth the equivalent of $1.1 billion, with a further $1.7 billion of its matured debt to the IMF disbursed in Special Drawing Rights. (Related: DE-DOLLARIZATION: China now uses the yuan for cross-border transactions more than it uses the US dollar.)

SDRs are reserve assets made up of a basket of the world's main currencies. It is considered the IMF's main currency ...

Trump plans to visit Argentina to talk to President-elect Javier Milei

November 30, 2023 -

Milei's office confirmed in a statement that Trump had reached out via a phone call. "The president-elect received a call … from Trump, who congratulated him and pointed out [that] his triumph by a wide margin … had a great impact on a global scale," it said.

Trump himself celebrated Milei's victory over outgoing Argentinian Economy Minister Sergio Massa through a video posted on Truth Social. "A very special congratulations to Milei on a great race for president of ...

Turkey and Argentina turn to crypto amid record-breaking inflation and crumbling currencies

May 05, 2023 -

According to audience research company GWI, ownership of digital currencies in Turkey was the highest in the world at 27.1 percent, followed by Argentina at 23.5 percent, which is well above the global crypto ownership rate estimated at 11.9 percent.

Both countries are submerged in the ongoing record-breaking inflation, which has led to crumbling currencies and capital controls to deter local residents from taking money out. Turkey's annual inflation was 50.51 percent ...

Argentina bans beef exports in attempt to control record-high levels of food inflation

September 13, 2021 -

According to a statement released by the country's Ministry of Productive Development, this decision was first announced when President Alberto Fernandez spoke with representatives of one of the country's key beef export associations. He told them that they will not be allowed to sell beef products abroad for 30 days. While the proposed ban was announced on Monday, Fernandez did not set a date for when it will start.

"The president expressed his concern over the sustained ...

Why can Argentina count 25-30 million paper ballots in hours, while blue U.S. swing states take DAYS with machines?

November 22, 2023 -

(Article republished from Revolver.news)

End Wokeness:

Maricopa (2020): 1.9 million ballots

Milwaukee (2020): 460k ballots

Detroit (2020): 250k ballots

Fulton (2020): 523k ballots

Explain to me how Argentina hand-counted all of their ballots in a few hours, but the big blue areas in our swing states take several days with machines?Argentina: 25-30 million paper ballots

Maricopa (2020): 1.9 million ballots

Milwaukee ...

As the dollar dies, so will the US military, Israel, Argentina and anyone else foolish enough to shackle their economic future to a collapsing currency

November 27, 2023 -

It is the careless creation of trillions of dollars in US currency that powers the Pentagon, after all. It also funds government propaganda ops like what we all suffered through during the COVID years when the CDC and FDA ran a coordinated psychological operation against us all, trying to convince the weak-minded that "emergency use" vaccines are safe and effective at preventing infections and halting transmission. We now know, of course, it was all an engineered lie.

But ...

China trying to STARVE the world by destroying other nations’ ability to fish and feed themselves

July 21, 2023 -

Circulating satellite photos show a massive Chinese-owned "floating city" out in the water off the coast of Argentina. Said floating city is larger than the entirety of Washington, D.C. – and because it sits beyond the 200th nautical mile from Argentina's coast, it is technically within the bounds of the law for international waters.

The purpose of China's floating city is to legally fish Argentina's waters for fish and other seafood products ...