International
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.
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.”
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).
International
Trump Raises Possibility of “Friendly Takeover” of Cuba Amid Deepening Crisis
The President of the United States, Donald Trump, reiterated Monday the possibility that Washington could pursue a “friendly takeover” of Cuba, amid the severe crisis facing the island following the oil blockade promoted by the U.S. government.
Speaking at a press conference in Miami, the president said that U.S. Secretary of State Marco Rubio is currently “negotiating” with representatives of the Cuban government, although authorities in Havana have repeatedly denied that such talks are taking place.
Trump suggested that Washington could play a more direct role in the island’s future.
“It may be a friendly takeover. It may not be a friendly takeover. It wouldn’t matter because they’re really down to, as they say, fumes. They have no energy, they have no money. They are in deep trouble on a humanitarian basis, and we really don’t want to see that,” the U.S. president said.
The president also argued that the Cuban government had long depended heavily on support from Venezuela, particularly oil supplies.
According to Trump, that support has been drastically reduced following measures adopted by Washington.
“They were living off Venezuela. Venezuela doesn’t send them energy, fuel, oil, money, or anything anymore. They couldn’t survive without Venezuela, they couldn’t have made it, and we cut everything off,” Trump said.
International
Mexico, Brazil and Colombia left out of Trump’s “Shield of the Americas” summit
Left-wing governments in Latin America, including Mexico, Brazil and Colombia, were excluded from the “Shield of the Americas” summit convened by U.S. President Donald Trump.
The meeting, held in Miami, Florida, brought together 12 presidents from across the continent to discuss strategies to combat drug cartels and organized crime.
In Mexico’s case, President Claudia Sheinbaum had recently rejected the use of military force as a solution to the drug trafficking problem. She has argued that her administration’s security strategy is producing results and emphasized that force alone is not the answer.
During the summit, Trump said that most narcotics entering the United States come through Mexico and referred to his previous conversations with Sheinbaum on the issue.
“I like the president very much, she’s a very good person,” Trump said. “But I told her: ‘Let me eradicate the cartels.’ And she said, ‘No, no, no, please, president.’ We have to eradicate them. We have to finish them.”
The remarks highlighted ongoing differences between Washington and Mexico over how to confront drug trafficking networks operating across the region.
International
Trump announces 17-nation alliance in the Americas to “destroy” drug cartels
U.S. President Donald Trump announced on Saturday the creation of a 17-nation alliance across the Americas aimed at dismantling drug cartels, during a regional summit held at his golf club in Doral.
Speaking to a group of allied leaders at the Shield of the Americas Summit, Trump said the initiative would rely on military force to eliminate powerful criminal networks operating throughout the hemisphere.
“The heart of our agreement is the commitment to use lethal military force to destroy these sinister cartels and terrorist networks. Once and for all, we will put an end to them,” Trump told the assembled heads of state.
The Republican leader argued that large portions of territory in the Western Hemisphere have fallen under the control of transnational gangs and pledged U.S. support to governments seeking to confront them. He even suggested the potential use of highly precise missiles against cartel leaders.
Before making the announcement, Trump greeted the roughly twelve leaders attending the summit, including close allies such as Javier Milei, Daniel Noboa and Nayib Bukele, whom he described as a “great president.”
The meeting forms part of Trump’s broader regional strategy inspired by his reinterpretation of the Monroe Doctrine, which seeks to reinforce Washington’s influence in the Americas, strengthen security cooperation and counter the growing presence of powers such as China.
Trump pointed to recent U.S. actions in the region as examples of his administration’s approach, including the operation that led to the capture of former Venezuelan president Nicolás Maduro earlier this year.
The summit also takes place amid escalating international tensions following the conflict launched last week by the United States and Israel against Iran.
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