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Tag: argentina

Falklands
November 22, 2023
UK
World

Argentina’s Milei Vows to Take Falklands from UK, But Rules Out ‘War Option’.

Argentine President-Elect Javier Milei has affirmed a “non-negotiable” claim of Argentine sovereignty over the Falkland Islands, vowing his administration will “make every effort” to take the islands from the British – albeit “through diplomatic channels”.

“It is clear that the war option is not a solution,” he said. “We had a war – that we lost – and now we have to make every effort to recover the islands through diplomatic channels,” he said referring to the 1982 invasion and occupation of the Falklands by Argentina which ended with them being forcibly ejected from the territory by a British expeditionary force sent by Margaret Thatcher.

Three Falkland Islanders, 255 British servicemen, and 649 Argentines were killed in the war. In a 2013 referendum, almost 100 percent of the island’s inhabitants, numbering around 3,500, voted in favor of remaining a British Overseas Territory.

Almost everyone on the islands which were uninhabited prior to being settled by the British – decades before Argentina was even founded – is of British descent.

In response to Milei, a spokesman for the British government said it would “continue to proactively defend the Falkland Islanders’ right to self-determination”.

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Argentine President-Elect Javier Milei has affirmed a "non-negotiable" claim of Argentine sovereignty over the Falkland Islands, vowing his administration will "make every effort" to take the islands from the British – albeit "through diplomatic channels". show more
November 19, 2023
Breaking
World

Right-Wing Javier Milei Wins Argentina Presidential Election.

Provisional results show that right-wing libertarian Javier Milei has triumphed in Argentina’s presidential run-off poll, handily defeating his leftist rival, Economy Minister, Sergio Massa. The results reveal Milei winning with nearly 56 percent of the vote compared to Massa’s 44 percent, with about 90 percent of the votes accounted for. The news comes at a trying time for Argentina as it grapples with soaring inflation and a troubled economy, prompting Argentinians to vote for a radical change.

Despite being an outsider with controversial proposals such as eliminating the central bank and introducing the US dollar as the official currency, Milei’s unusual approach appealed to disillusioned voters. Compared to figures like former US President Donald Trump and former Brazilian leader, Jair Bolsonaro, Milei’s political inexperience didn’t deter supporters in their quest for a novel solution to Argentina’s economic woes.

Milei’s victory represents the public’s growing dissatisfaction with the country’s traditional political practices, especially amidst an economy ridden with over 140 percent annual inflation and where two out of five people are living in poverty.

The official victor of the election will take office on December 10th.

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Provisional results show that right-wing libertarian Javier Milei has triumphed in Argentina's presidential run-off poll, handily defeating his leftist rival, Economy Minister, Sergio Massa. The results reveal Milei winning with nearly 56 percent of the vote compared to Massa's 44 percent, with about 90 percent of the votes accounted for. The news comes at a trying time for Argentina as it grapples with soaring inflation and a troubled economy, prompting Argentinians to vote for a radical change. show more
November 19, 2023
Jake Welch
World

Argentinians at the Polls, With Populist Milei Still Favorite.

The Argentinian electorate is already at the polls for the run-off election between populist Javier Milei and the country’s current economy minister, Sergio Massa. The results are due to be announced on Sunday evening, with the winner taking office on December 10.

Milei, the self-described “anarcho-capitalist” and admirer of former President Donald Trump, maintains a slight advantage going into the election, with three out of four polls  showing him in the lead. Yet, most commentators suggest the election is too close to call.

Massa won the country’s first presidential election last month with around 37 percent of the vote to Milei’s 30 percent. But at the time, the right-wing vote was split between Milei and establishment candidate Patricia Bullrich, who received 23.8 percent. The two sides have, however, reconciled after Bullrich publicly endorsed Milei for the presidency within days of the October election.

Coverage has been dominated by outsider candidate Milei, who received international attention after he unexpectedly triumphed in the primaries in August.

He has based his campaign on more libertarian and non-interventionist economics, increased gun rights, calling for the removal of sex education from schools – which he suggests is a ploy to destroy the family – as well as vowing to bring about “an end to the parasitic, corrupt and useless political caste that exists in” Argentina.

Notably, Milei has warned supporters of electoral “fraudsters” stealing and damaging ballots before this weekend’s run-off, with his campaign manager arguing there have been a number of complaints made by voters. He also claims he was robbed of more than one million votes in August.

“The election will mark a profound rupture in the system of political representation in Argentina,” stated the director of the political consultancy Observatorio Electoral, Julio Burdman. “I think all the political forces as we have known them are going to be transformed.”

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The Argentinian electorate is already at the polls for the run-off election between populist Javier Milei and the country's current economy minister, Sergio Massa. The results are due to be announced on Sunday evening, with the winner taking office on December 10. show more
October 23, 2023
Jake Welch
World

Populist Milei Finishes 2nd In Argentina, Run-Off Set for November 19.

Populist outsider Javier Milei finished in second place behind left-wing establishment candidate Sergio Massa in the Argentinian general elections on Sunday afternoon, with the country now set for a run-off vote to determine the presidency in November.

Milei – a self-described “anarcho-capitalist” and admirer of former President Donald Trump – was the favorite going into the elections and was leading the polls for the past several months at around 35 percent compared to Massa’s sub-30 numbers. The elections themselves appeared to reverse the polling predictions, however, with Massa receiving 36.6 percent support and Milei receiving 29.9 percent.

Despite receiving less support than anticipated, Milei told voters to celebrate the vote, explaining, “Today is a historic day because two-thirds of Argentinians voted for change.”

Milei, who unexpectedly triumphed in the national primaries in August this year, is running a strongly anti-establishment campaign in which he promises “an end to the parasitic, corrupt, and useless political caste that exists in [Argentina].” His libertarian, free-market economics proved especially popular with young voters amid Argentina’s ongoing economic crisis, with annual inflation soaring to 140 percent and the current poverty rate above 40 percent.

The second vote is expected to be held on November 19. The winner will take office on December 10.

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Populist outsider Javier Milei finished in second place behind left-wing establishment candidate Sergio Massa in the Argentinian general elections on Sunday afternoon, with the country now set for a run-off vote to determine the presidency in November. show more
Milei
September 5, 2023
Jake Welch
News
World

Populist Javier Milei Dominates Argentina Polls.

Javier Milei, Argentina’s populist presidential hopeful, is storming ahead of the establishment candidates in national polls and is now predicted to triumph in the country’s general elections next month.

The latest national survey found that Milei is at 35 percent support among the Argentinian public, far ahead of Economy Minister Sergio Massa, on 25 percent, and Patricia Bullrich, on 23 percent. He is also the clear winner in a second-round runoff election against either candidate, with a 19 percent lead over Massa and an eight percent advantage over Bullrich.

Another survey from the National University of Buenos Aires’ Faculty for Psychology found that 50 percent of Argentines believe Milei “would make the country better” than it currently is.

Milei and the La Libertad Avanza (Liberty Advances) party triumphed in Argentina’s primary elections last month, finishing above the main political parties Together for Change and Union for the Homeland.

Some of his main policies include the abolition of the country’s central bank, adopting the U.S. dollar, stronger gun rights, and removing anti-family sex education from schools.

The country will go to the polls on October 22nd.

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Javier Milei, Argentina's populist presidential hopeful, is storming ahead of the establishment candidates in national polls and is now predicted to triumph in the country's general elections next month. show more
BRICS
August 24, 2023
William Upton
Economy
News
World

BRICS Begins Major Expansion to Undermine U.S.

For the first time in nearly a decade, BRICS – the bloc of nations led by Brazil, Russia, India, China and South Africa – will expand, with Saudi Arabia and the United Arab Emirates (UAE) receiving formal invites, as well as Argentina, Egypt, Ethiopia, and Iran set to join in a year.

One of the top priorities of the BRICS nations has been to end the U.S. dollar’s global financial dominance. As the global reserve currency, the U.S. dollar is a key tool used by the United States government to maintain its global hegemonic status.

So far, the bloc has struggled to develop a dollar alternative – owing mostly to the fact that any other choice would need to be new given the state of their own national currencies. China purposely devalues its currency, while the Russian ruble is trading at just over 1 cent on the dollar, with the Indian rupee hardly much stronger. Brazil’s corrupt and dysfunctional economy makes the Brazilian real unattractive. Racial violence and the associated political and economic instability in South Africa makes the rand a non-starter.

This is where the addition of the Gulf States, Saudi Arabia and the UAE is critical for BRICS. The wealthy petro-states are viewed globally as economically and politically stable, attracting tens-of-billions of dollars in foreign investment annually. While the founding members of BRICS have thus far been unable to come up with a U.S. dollar alternative, its two newest potential members will at least increase their odds of success.

BRICS was founded during the 61st session of the U.N. general assembly in 2006 as a semi-formal international organization with the aim to act as a counter balance the U.S. dominated global economic order. Standing for “Brazil, Russia, India, China, and South Africa”, BRICS has not undergone an expansion since 2010.

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For the first time in nearly a decade, BRICS – the bloc of nations led by Brazil, Russia, India, China and South Africa – will expand, with Saudi Arabia and the United Arab Emirates (UAE) receiving formal invites, as well as Argentina, Egypt, Ethiopia, and Iran set to join in a year. show more
August 14, 2023
Jake Welch
News
World

Populist Javier Milei Triumphs in Argentine Primaries.

Javier Milei, a right-wing populist and strong supporter of former U.S. President Donald Trump, won a landmark victory in the Argentinian primary elections over the weekend two months before the country’s general election.

Milei and his party La Libertad Avanza (Liberty Advances) won more than 30 percent of the vote, despite the majority of polling initially giving Milei just 20 percent support. He finished above the two mainstream parties – Together for Change and Union for the Homeland – which have dominated Argentinian politics for the past two decades and presided over the country’s rising poverty, depreciating currency, and annual inflation rate of over a staggering 100 percent.

Milei, a Member of the Argentina Chamber of Deputies, ran a virulently anti-establishment campaign, promising voters “an end to the parasitic, corrupt and useless political caste that exists in this country.” Some of his policies included the abolition of the country’s Central Bank and adopt the U.S. dollar, stronger gun rights for the individual, removing sex education from schools, which he suggests is a ploy to destroy the family, and criticizing climate change.

“Today we took the first step toward the reconstruction of Argentina… A different Argentina is impossible with the same people as always,” Milei said after the victory.

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Javier Milei, a right-wing populist and strong supporter of former U.S. President Donald Trump, won a landmark victory in the Argentinian primary elections over the weekend two months before the country's general election. show more