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Thousands of Argentines protest soaring inflation

AFP

Thousands of Argentines brought central Buenos Aires to a standstill on Thursday in another massive protest against the South American country’s soaring inflation.

The “Federal march for work and salaries, and against hunger and poverty” was bolstered by thousands of people arriving from outside the capital, heeding the call from multiple unions and left-wing groups critical of center-left President Alberto Fernandez’s social policies.

Calls to protest have become more frequent since the start of the year, as the Argentine economy shows no signs of stemming its inflationary trend.

In the first four months of 2022, prices rose 23 percent, including a 6 percent jump in April, according to figures published Thursday.

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Having already recorded inflation of over 50 percent in 2021, the current rate would surpass even the worst estimates of 60 percent by the end of the year.

Protesters are also angry at the government’s budgetary restraint, a necessity during debt renegotiations with the International Monetary Fund (IMF), which will see the country reduce its annual deficit from three percent of GDP in 2021 to zero by 2025.

Argentina’s left and far left have little clout at the ballot box but a great capacity to organize street protests.

They are vehemently opposed to repaying Argentina’s $44 billion IMF debt, and demand more generous social aid packages.

One of their main slogans is: “the debt is to the people.”

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While the administration has tried to limit expectations of more aid, splits have begun to appear in the government coalition, with Vice President Cristina Kirchner, the former president, openly criticizing Fernandez.

“I don’t think we will honor all the expectations, all the confidence, all the hope that has been placed in us,” she said several days ago, in a veiled barb at the president.

In recent weeks, Fernandez boosted by 50 percent food vouchers for the poor, increased pensions for those working in the informal sector, and also hiked the minimum wage from 38,940 to 45,540 pesos ($319 to $373).

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International

Report: Vatican mediation included russian asylum offer ahead of Maduro’s capture

The Vatican reportedly attempted to negotiate an offer of asylum in Russia for Venezuelan President Nicolás Maduro before his capture by U.S. forces last Saturday, according to The Washington Post.

The U.S. newspaper reported that Vatican Secretary of State Cardinal Pietro Parolin spoke with U.S. Ambassador to the Holy See Brian Burch about a supposed Russian proposal to grant Maduro asylum. A source familiar with the offer said that what was proposed “was that he would leave and be able to enjoy his money,” and that part of the plan involved Russian President Vladimir Putin guaranteeing Maduro’s security.

Despite these diplomatic efforts, the United States carried out a military operation that resulted in Maduro’s capture and detention, along with his wife Cilia Flores, who are now being held in New York on narcoterrorism charges.

The Washington Post also noted that U.S. President Donald Trump may have invited Maduro to Washington for in-person discussions about safe conduct, an offer that Maduro reportedly declined.

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International

Pope Leo XIV warns of rising “war enthusiasm” in global politics

“War is becoming fashionable again, and war enthusiasm is spreading.” Pope Leo XIV delivered a somber assessment of international politics on Friday, sharply criticizing the growing reliance on force by nations at a time when his country of birth is increasing military displays.

While offering New Year’s greetings to the diplomatic corps, the U.S.-born pope — who also holds Peruvian nationality — delivered one of his strongest speeches to date, denouncing the “worrying weakening of multilateralism” and the emergence of what he described as “war enthusiasm.”

From the outset of his address to ambassadors accredited to the Holy See, delivered in English, the pontiff lamented the rise of a “diplomacy of force, by individuals or groups of allied states,” at the expense of dialogue, warning that such trends threaten the global order established after World War II.

“Peace is no longer sought as a gift or as a good desirable in itself, or as the pursuit of ‘the establishment of an order willed by God, one that entails greater justice among human beings.’ Instead, it is pursued through weapons as a condition for asserting one’s own dominance,” the head of the Catholic Church said, without directly naming any country.

His remarks come amid ongoing conflicts between Ukraine and Russia and in the Gaza Strip, and against a broader international backdrop marked by European concerns over a potential U.S. takeover of Greenland, the autonomous Danish territory, a scenario that could threaten the cohesion of NATO.

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International

One Dead and Nine Injured After Explosion in Southwest Madrid

The incident occurred at around 4:10 p.m. local time in the Carabanchel neighborhood, in the southwest of the Spanish capital, according to a spokesperson for emergency services.

One person, whose identity was not disclosed, was killed, and nine others sustained minor injuries, the spokesperson said.

When asked about the possible cause of the explosion, emergency services did not provide any details.

Images shared by authorities on their official X account show a partial collapse of the building’s façade.

In October 2025, the collapse of a building under renovation in central Madrid left four people dead.

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