International
Milei celebrates 100 days as president, between the controversy and his obstinacy about the course
The president of Argentina, Javier Milei, celebrates 100 days of management this Tuesday, in which he has shown obstinacy in the course to achieve fiscal balance and reduce the weight of the State to lower inflation, despite the setbacks in Congress; the fall in purchasing power and criticism for his confrontational method.
In several publications that Milei replied on his social network account X, a direct media that he appreciates a lot, he celebrated that he “avoided the hyperinflation” that was “activated” by his predecessor, the Peronist Alberto Fernández (2019-2023); he began the “sustained process of disinflation” and the decrease in country risk, today at 1,520 basis points.
In terms of security, he replied messages that say that he “ended the pickets” and “he stood against insecurity and narco-terrorism,” and as for corruption, “the amount of illegalities” that he is discovering.
Milei took advantage of this Tuesday to exhibit the unit with her vice president, Victoria Villarruel, on social networks, where they came to publish a photo hugging, after she participated in the meeting of the Cabinet of ministers in the Casa Rosada: “Those who are fighting…!!!,” the president said ironically.
The relationship between Milei and Villarruel reached a peak of tension last week due to the decision of the vice president – who also chairs the Senate – to convene a session in the Upper House where the megadecree of necessity and urgency (DNU) signed by the president in December was rejected.
The presidential spokesman, Manuel Adorni, defined the first 100 days as “a case study” and “an atypical case,” in his usual press conference at the Executive headquarters.
Adorni listed that since Milei took office on December 10, Congress rejected the DNU and a fundamental bill for the Executive, the main union center called for a general strike on January 24 and there were train and bus stops.
In addition, the Patagonian province of Chubut threatened to cut off the supply of hydrocarbons and opposition groups “fantasized” that the far-right would fall for these months.
“This was the only Government (…) that in the first days of the Government has meticulously fulfilled each of the points it had promised in the campaign,” Adorni said, because it “attacked from the outset” the fiscal deficit and clung to the balance of public accounts to “end inflation and the destruction of the currency.”
Milei is an ‘outsider’ who, with aggressive speech and disruptive forms against the “political caste,” won the elections in a second round last November, with 56% support.
“No other government so far had been encouraged to put their hand in politics’s pocket” or “exposed as much to politics” as Milei’s, Adorni said.
Fernández is one of the opposition politicians who criticized the first 100 days of Milei, by showing on his social networks that inflation rose by 71.3%, industrial production fell by 19.4%, retail sales of SMEs fell by 23% and the real salary of registered private workers fell by 27.1%, among other negative indicators.
Amnesty International Argentina warned that the “confrontation” practiced by the Government of Milei is to divert attention from those real conflicts – inflation, poverty, lack of medicines – and violate freedom of expression, and asked for “basic rules of coexistence and non-aggression, especially from the presidential investiture and its collaborators.”
Despite the severe economic adjustment that causes a loss of purchasing power, with inflation that climbed to 276.2% year-on-year last February, Milei maintains a positive image of more than 50%, according to opinion polls.
In that sense, the Government of Milei also boasts of having “changed the concept of governance” because now “it is given by the support of the people,” in a context in which its far-right party, La Libertad Avanza, only has 38 deputies, 7 senators and no provincial governor.
Adorni acknowledged that “there is still a lot to do,” remembering that seven out of ten minors are still poor in Argentina, but that “this time a new sun comes to impoverished Argentina.”
International
Iranian leader warns foreign powers have “no place” in Strait of Hormuz
Iran’s Supreme Leader, Mojtaba Khamenei, said Thursday that the Persian Gulf is entering a new era marked by a “bright” future without the presence of the United States in the region.
His remarks came during the commemoration of Persian Gulf Day, amid ongoing regional tensions following recent military confrontations involving Iran, the United States, and Israel.
“Today, two months after the largest military buildup and aggression by the bullies of the world in the region and the humiliating defeat of the United States, a new chapter is being written for the Persian Gulf and the Strait of Hormuz,” Khamenei stated.
The Iranian leader insisted that the future of the region would be free from American influence and focused instead on the internal development and prosperity of Gulf nations.
“By the power and strength of God, the bright future of the Persian Gulf region will be a future without the United States and dedicated to the progress, welfare, and prosperity of its nations,” he said.
Khamenei also questioned the effectiveness of U.S. military bases in the region, arguing that they do not provide security even for Washington’s allies.
“Foreigners who come from thousands of miles away and commit evil and malicious acts have no place there except at the bottom of its waters,” he declared.
In addition, the Iranian leader defended new measures being prepared by Tehran to regulate maritime traffic through the Strait of Hormuz, including fees for vessels passing through the strategic waterway. According to Khamenei, the policies would generate economic benefits and greater stability for the region.
Regional tensions remain high following the conflict that erupted on February 28 between the United States and Israel against Iran, leading to strategic blockades in the Strait of Hormuz, a route through which nearly 20% of the world’s oil supply previously passed. The situation has disrupted maritime trade and contributed to rising global oil prices.
Central America
U.S. and Regional Allies Back Panama Amid Dispute With China
The United States, Bolivia, Costa Rica, Guyana, Paraguay and Trinidad and Tobago issued a joint statement in support of Panama’s sovereignty, arguing that China’s recent actions represent an attempt to politicize maritime trade and undermine the sovereignty of nations in the hemisphere.
“We are closely monitoring China’s selective economic pressure and recent actions affecting vessels flying the Panamanian flag,” the statement released Tuesday said. “Panama is a pillar of our maritime trading system and, as such, must remain free from undue external pressure.”
The statement comes amid growing tensions surrounding the Panama Canal and the operation of key ports linked to global trade.
At the end of January, Panama’s Supreme Court invalidated the legal framework supporting the 1997 concession that granted Panama Ports Company, a subsidiary of CK Hutchison, the right to operate the Balboa and Cristóbal terminals located on the Pacific and Atlantic entrances of the Panama Canal.
The ruling followed mounting pressure from the United States to curb Chinese influence around the strategic waterway, through which roughly 5% of global maritime trade passes.
CK Hutchison, which managed the ports for nearly three decades, rejected the court’s decision and accused Panamanian authorities of illegally confiscating its assets. The company has launched international arbitration proceedings against Panama, seeking more than $2 billion in damages.
Following the court ruling, reports emerged of increased detentions and inspections of Panamanian-flagged vessels in China, actions widely viewed as retaliatory measures.
On Wednesday, China’s Foreign Ministry dismissed the joint statement as “completely unfounded and misleading,” accusing the United States of politicizing port operations and warning that Beijing would take steps to protect its interests in Panama.
International
King Charles III Says U.S.-UK Alliance Is “Irreplaceable and Unbreakable”
King Charles III of the United Kingdom reaffirmed the strength of the British-American relationship on Tuesday during a speech before the United States Congress, describing the alliance between the two nations as “irreplaceable and unbreakable.”
The address, delivered at the Capitol, marked the first speech by a British monarch before Congress since Queen Elizabeth II in 1991 and comes at a time of political tensions between Donald Trump’s administration and the Labour government of Prime Minister Keir Starmer.
“As President Trump himself observed during his state visit to Britain last autumn, the bond of kinship and identity between the United States and the United Kingdom is invaluable and eternal. It is irreplaceable and unbreakable,” the king said.
While reflecting on the upcoming 250th anniversary of U.S. independence, which will be commemorated this year, Charles III stated that the partnership between the two countries “was born out of disagreement, but is no less strong because of it.”
The monarch emphasized the democratic values shared by both nations and noted that major global changes have occurred whenever the two allies found common ground.
“When we have found that way to agree, great changes have taken place not only for the benefit of our peoples, but for all peoples,” he said.
King Charles also quoted British Prime Minister Keir Starmer, who recently described the relationship as “an indispensable alliance.”
Concluding his speech, the monarch described the shared history of the United States and the United Kingdom as “a story of reconciliation, renewal, and an extraordinary partnership.”
He added that Washington and London have forged “one of the most consequential alliances in human history.”
“I pray with all my heart that our alliance continues to defend our shared values, together with our partners in Europe, the Commonwealth, and around the world, and that we ignore calls urging us to become increasingly isolationist,” Charles III stated.
The king ended by urging both nations to “recommit to one another in selfless service to our peoples and to all peoples of the world.”
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