News of cut

Massive blackout in Buenos Aires amid sweltering heatwave

05-03-2025 17:55 More than 600,000 people were left without electricity Wednesday as massive power outage hits Buenos Aires and its southern suburbs – even the Casa Rosada was affected.

POWER OUTAGE

Curfew lifted after Chile's massive blackout

26-02-2025 17:16 Chile emerges Wednesday from a massive blackout due to an alleged failure of the power system, which forced the evacuation of the Santiago subway and plunged the population into confusion.

INTEREST RATES

Central Bank lowers rate to 32% on price expectations

06-12-2024 00:10 Argentina’s Central Bank cut its benchmark interest rate by 300 basis points to 32 percent as inflation expectations fall.

MONETARY POLICY

Central Bank cuts interest rate for sixth time to 40% as inflation slows

14-05-2024 20:32 Argentina cut its benchmark interest rate Tuesday for a sixth time under President Javier Milei.

FOREIGN POLICY & DIPLOMACY

President Milei cuts short international trip over Mideast crisis

13-04-2024 21:56 President Javier Milei is ending his international trip early to handle his country's response to the crisis in the Middle East.

DIPLOMATIC ROW

Ecuador in diplomatic storm after raid at Mexican Embassy

07-04-2024 09:14 Ecuador slammed by Latin American peers after police storm the Mexican Embassy in Quito to arrest former vice-president Jorge Glas.

economy

How Javier Milei would cut Argentina spending by 14% of GDP

25-09-2023 09:15 Javier Milei’s fiscal belt tightening would focus on slashing expenditures on subsidies for utility bills, like gas, electricity and water, as well as federal government transfers to poor provinces.