International

Milei highlights the support of the IMF and the World Bank while denying devaluation pressures

Argentine President Javier Milei stressed the support of the International Monetary Fund (IMF) and the World Bank to its Administration, revealed that Argentina is negotiating a new program with the Fund “to get the economy up and running” and categorically denied the alleged pressures of the body led by Kristalina Georgieva to devalue the peso.

“It is false that the IMF is asking (Luis) Caputo (Minister of Economy) to devalue,” Milei said in an interview on Tuesday with the Todo Noticias (TN) channel in which he referred to the conversations he had with the head of the Fund during the Global Summit on Peace in Ukraine held in Bürgenstock (Switzerland) on June 15 and 16.
“I didn’t talk to her about money,” he clarified.

Milei highlighted what he considered to be economic achievements of his Government. “We have been in financial balance for five months in a row” and “it’s been two months in which salaries and pensions (pensions) beat inflation,” he said.

In addition, he stressed that “wholesale inflation today is 3.5%,” compared to 54% when he assumed the Presidency, while mentioning a new agreement in the making with the International Monetary Fund, and celebrated that “the president of the World Bank decided to support Argentina.”

The president also defended the head of his government’s finances by stating that “(Luis) Caputo is the best Minister of Economy in the history of Argentina. No one is going to achieve Caputo’s achievements,” he said.

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The Argentine head of state categorically denied the rumors about pressure from the IMF to devalue the currency.

“It is false that the IMF is asking Caputo to devalue.” However, he acknowledged the pending challenges: “The recovery will take time, but we are on the right track,” he said.

At the political level, Milei accused Kirchnerism of trying to destabilize his Government: “Kirchnerism is trying to strike a blow from the first moment,” he said without providing evidence in this regard.

Milei also reaffirmed his leadership and decision in the election of his cabinet. “I’m not going to touch any minister. I’m the boss,” he stressed.

During the interview, Milei announced that Federico Sturzenegger, former president of the Central Bank known for his liberal approach and architect of the Argentine president’s economic reform proposals, will be fully integrated into his Government.

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In addition, he criticized figures who, according to him, misappropriate the papal representation: “There are people who take their representation and do not have it. It should not be sympathetic to Pope Francis that those who claim to protect the poor, steal from the poor,” he added.

Milei also referred to the political opposition and the legislative power, pointing out that “a senator earns more than twice as much” as he earns.

At the international level, the president highlighted his relations with far-right politicians. “We have an excellent link with Santiago Abascal (leader of the Spanish far-right Vox party), with the Bolsonaros, with (Giorgia) Meloni,” Italian Prime Minister, boasted.

In addition, he announced an upcoming visit to France: “Macron invited me to go to Paris. I’m going to Paris for the opening of the Olympic Games” and he also defended his official trips.

“I travel as many times as necessary for my work. How many were invited to be at the G7 table? (…), with my travels I put Argentina at the top,” he said.

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In his interview with TN, Milei did not skim on criticism of the media and some journalists, whom he accused of lack of ethics. “There are many journalists who are very dirty,” he said.

Finally, the Argentine president recognized the challenges faced by his Administration

Related Topics:JAvier Milei Minister of Economy

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Trump urges Putin to reach peace deal

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Deportation flight lands in Venezuela; government denies criminal gang links

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Unlike previous flights operated by the Venezuelan state airline Conviasa, this time, an aircraft from the U.S. airline Eastern landed at Maiquetía Airport, on the outskirts of Caracas, shortly after 2:00 p.m. with the deportees.

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Son of journalist José Rubén Zamora condemns father’s return to prison as “illegal”

Guatemalan court decides Wednesday whether to convict journalist José Rubén Zamora

The son of renowned journalist José Rubén Zamora Marroquín, José Carlos Zamora, has denounced as “illegal” the court order that sent his father back to a Guatemalan prison on March 3, after already spending 819 days behind barsover a highly irregular money laundering case.

“My father’s return to prison was based on an arbitrary and illegal ruling. It is also alarming that the judge who had granted him house arrest received threats,” José Carlos Zamora told EFE in an interview on Saturday.

The 67-year-old journalist was sent back to prison inside the Mariscal Zavala military barracks on March 3, when Judge Erick García upheld a Court of Appeals ruling that overturned the house arrest granted to him in October. Zamora had already spent 819 days in prison over an alleged money laundering case.

His son condemned the situation as “unacceptable”, stating that the judge handling the case “cannot do his job in accordance with the law due to threats against his life.”