The Limited Times

Now you can see non-English news...

Javier Milei begins his term as President of Argentina, live | Milei avoids making economic announcements on his first day in office

2023-12-11T13:57:50.705Z

Highlights: Javier Milei began his four-year term as president of Argentina on Sunday, December 10. The far-right, who won the presidency on November 19 with 56% of the vote, received the baton from Peronist Alberto Fernández in a ceremony in the lower house. Central Bank of the Argentine Republic announced that this Monday the "prior compliance rule" will apply to all purchases of dollars made through the single and free exchange market. Milei predicted a bleak outlook for the coming months in his inauguration speech.


The far-right leader begins his four-year term in the Casa Rosada this Sunday, December 10, anticipating harsh cuts


Javier Milei began his four-year term as president of Argentina on Sunday, December 10. The far-right, who won the presidency on November 19 with 56% of the vote, received the baton from Peronist Alberto Fernández in a ceremony in the lower house. The inauguration was attended by invited international leaders, including King Felipe VI of Spain; Ukrainian President Volodymyr Zelensky; Paraguay's Santiago Peña and Chile's Gabriel Boric. The new president then gave a speech to his supporters on the esplanade of Congress in which he anticipated imminent hard cuts: "There is no possible alternative to austerity, there is no money." "The shock will have a negative impact on the number of poor people," he said.


Back to top

New Posts

El PaísBuenos Aires

Central Bank Limits Foreign Exchange Operations to a Minimum

Everyone was waiting for the opening of the foreign exchange markets in Argentina at the start of Javier Milei as president, but it will be necessary to wait another day. The Central Bank of the Argentine Republic (BCRA) announced that this Monday the "prior compliance rule" will apply to all purchases of dollars made through the single and free exchange market.
In practice, the measure puts the brakes on Monday's operations to buy time until the economic measures that Minister Luis Caputo is finalizing and that he plans to announce tomorrow are ready.

ACT.11 DEC 2023 - 10:34

El PaísBuenos Aires (ARGENTINA)

Milei postpones announcements on economic measures until Tuesday

Argentina's new presidential spokesman, Manuel Adorni, said on Monday morning that it will be necessary to wait until Tuesday to know the first economic measures of the government of far-right Javier Milei.

Argentina is waiting for a definition on the cuts and fiscal adjustment that the far-right president predicted as "the only solution" to the economic crisis that has almost half of the population in poverty and year-on-year inflation at 142%. In his inauguration speech on Sunday, Milei had predicted a bleak outlook for the coming months. "No government has received a worse inheritance than the one we are receiving," he said, warning that he would not accept street protests against his measures.

The rumor for weeks has been that the new government has prepared a package of legislative proposals to begin its adjustment plan. Argentines will have to wait another day to find out.

ACT.11 DEC 2023 - 08:24

El País

A special screening of 'Madama Butterfly' to close the official agenda

The new president of Argentina, Javier Milei, enters the Teatro Colón to close the day of his inauguration. The far-right arrived at around 2 p.m. (local time), almost an hour after the scheduled time in the official agenda, along with his younger sister, Karina Milei, his campaign strategist and now designated secretary general of the Presidency. On stage, there will be a special performance of Giacomo Puccini's Madama Butterfly. There are about 000,<> guests, including members of his Cabinet and also the foreign presidents and leaders who traveled to Buenos Aires to attend Milei's inauguration.

ACT.10 DEC 2023 - 21:58

El PaísBuenos Aires (ARGENTINA)

Milei, on the way to the Teatro Colón

Javier Milei is now on his way to the Teatro Colón, Argentina's leading opera house. This is the end of the agenda scheduled for December 10, which has included the inauguration of the far-rightist, his speech on the steps of Congress, the photo with presidents and foreign leaders, the greeting from the balcony of the Casa Rosada, the swearing-in of the ministers of the new Cabinet and an interreligious ceremony in the Metropolitan Cathedral.

Presidents-elect usually choose to close the day of their inauguration with a dinner or gala at the Teatro Colón. In this case, Milei opted for a special performance of the opera Madama Butterfly. Local media also claim that the orchestra will play Balada para un loco, the tango composed by Astor Piazzola with lyrics by Horacio Ferrer.

ACT.10 DEC 2023 - 21:24

El PaísBuenos Aires (ARGENTINA)

Presidency explains why ministers' swearing-in was behind closed doors

The Presidency team has explained in a message to the press why the swearing-in of the ministers of the new Cabinet was not broadcast live or attended by journalists, an unprecedented event in the country. In a brief punctuation, it is listed that "the president said that the situation in Argentina is critical", that "there is nothing to celebrate" and that "the swearing-in is a private event so that the ministers can get to work".

In the image, the moment in which the president, Javier Milei, signed the decree appointing ministers. This decree reduces the number of existing ministries to nine: Interior, Economy, Human Capital, Justice, Foreign Affairs, Security, Defense, Infrastructure and Health.

ACT.10 DEC 2023 - 19:55

El PaísBuenos Aires (ARGENTINA)

Javier Milei arrives at the Metropolitan Cathedral

The new president of Argentina arrived at the Metropolitan Cathedral of Buenos Aires after 19:30 p.m. (local time), more than half an hour later than scheduled in the official agenda. Milei walked 200 meters from the Casa Rosada to the Cathedral with the vice president, Victoria Villarruel, and the rest of the presidential entourage. His supporters have accompanied the route from behind the fences.

The celebration is expected to be attended by representatives of the different religions with the greatest tradition and most faithful in the country, who will make their own invocation to God together with Monsignor Jorge García Cuerva, Archbishop of Buenos Aires.

ACT.10 DEC 2023 - 20:05

El PaísBuenos Aires (ARGENTINA)

Javier Milei and his sister Karina with the new ministers. / Office of the President

Milei swears in his Cabinet ministers behind closed doors

President Javier Milei has sworn in the ministers of his Cabinet in the White Room of the Casa Rosada and has done so behind closed doors. The ceremony was not broadcast live and was not attended by journalists, an unprecedented event in the country. This Sunday, the chief minister, Nicolás Posse, the holders of the nine portfolios that will be in the new government and Karina Milei, sister of the far-right, who will be secretary general of the Presidency, were sworn in.

Several of Milei's ministers come from private business and have no previous political experience: this is the case of one of his closest men, engineer Nicolás Posse, who takes over as chief of staff; the economist Diana Mondino, its foreign minister; the media-savvy lawyer Mariano Cúneo Libarona, appointed Minister of Justice; and Sandra Pettovello, a journalist and television producer who will be in charge of the mega-ministry of Human Capital, which will include Education, Labor and Social Development.

On Friday, two days before his inauguration, Milei's team backtracked on the health sector and confirmed that it would maintain its status as a ministry headed by cardiologist Mario Russo, who already worked in the public sector in the province of Buenos Aires during the government of Mauricio Macri.

Read more about Javier Milei's Cabinet here.

ACT.10 DEC 2023 - 19:19

Source: elparis

All news articles on 2023-12-11

You may like

News/Politics 2024-04-15T04:16:52.654Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.