These are the trending news headlines in Argentina on Monday April 10, 2023

In a recent interview, Martín Lousteau, Unión Cívica Radical senator and mayoral hopeful for the City of Buenos Aires, discussed Argentina’s economy and the need for a collective change of course. He emphasized that shock policies should be avoided and gradually applied measures should be taken to bring order to the economy. Lousteau also highlighted the importance of political clout for the economy minister and the need for complementing the differences between the Radicals and PRO to improve Juntos por el Cambio. He pointed out that an economist should have a combination of knowledge in philosophy, sociology, political science, mathematics, history, and everything else to be a good economist. Lousteau disagreed with the focus that Juntos por el Cambio gives to economic issues and explained that to order the economy, politics should also be brought to order. He suggested that a political channel should be constructed where every imaginable economic plan can be thought up within that political channel so that it can have more political support with a broader political channel. He emphasized the need for gradual reforms and the avoidance of shock policies.

The Buenos Aires airport has become an unofficial homeless shelter, with around 100 people sleeping inside the facility every night. Many of them have been living there for months, even years, due to rising poverty in Argentina, which is making it difficult for people to afford basic necessities like rent and food. The poverty rate has risen to 39.2% of the population, with an annual inflation rate of 102.5%. The airport, known as Aeroparque, has become a refuge for many, but the company that operates it says it lacks the authority to evict them. Some passengers choose to emigrate to other countries, citing the difficult living conditions in Argentina.

In sports news, Argentina has returned to the top of the FIFA international rankings, knocking rivals Brazil down to third place. The latest update was helped by recent victories in friendlies against Panama and Curacao. France moved up to second place after their 2022 World Cup runners-up finish. Besides the top three, there were no other movements in the top 10, with Belgium, England, Netherlands, Croatia, Italy, Portugal, and Spain all holding on to their previous places. The United States men’s national team remained steady at 13th place, while Canada improved six places to 47th in the updated rankings. Central African Republic made the biggest move, jumping 10 places up to 122nd.

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These are the trending news headlines in Argentina on Saturday April 8, 2023

Argentina has officially rejoined the Union of South American Nations (UNASUR) to promote the institutional revitalization and build a more integrated region. Argentina's Foreign Minister, Santiago Cafiero, stated that the move is crucial for the country, as it will consolidate a more integrated region with greater intra-regional trade and higher levels of cooperation for development. President Alberto Fernandez had announced the decision to rejoin the bloc on March 21, during a meeting with members of the Puebla Group and the Latin American Council for Justice and Democracy. After Uruguay's withdrawal from the organization in 2020, only Guyana, Suriname, Bolivia and Venezuela remain in the union.

Argentina's Foreign Minister, Santiago Cafiero, has stated that his country is continuing to pursue a peaceful resolution with the United Kingdom over the territorial dispute regarding the Malvinas Islands, also known as the Falkland Islands. In an interview with Télam news agency, Cafiero stressed the importance of negotiations and Argentina's determination to reclaim the land. He emphasized that Argentina has the right to preserve its territorial integrity and called on international law and the resolutions of the United Nations to be complied with. Cafiero also criticized London's attempts to promulgate a particular fact pertaining to self-governance, which he censured as false. He further underlined the need to disseminate knowledge globally regarding Argentina's rightful entitlements to the region.

Argentina has announced its plan to aid the Vanuatu Pacific archipelago's recovery from two powerful cyclones and an earthquake that hit in early March. The Argentine Chancellor Santiago Cafiero will send the "Pyam 33mg" water-purification tablets to Vanuatu through the national Agency for International Cooperation and Humanitarian Assistance. The pills will allow Vanuatu to produce a million liters of drinking water. The aid will go to the two cities that have suffered the most from natural disasters, Shefa and Tafea. Vanuatu has 83 islands with about 450,000 square kilometers of territorial waters and has the highest world risk of natural disaster occurrence. The local authorities hope that the United Nations General Assembly (UNGA) approves a resolution to give greater priority to fighting climate change, to which small island states are highly vulnerable.

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These are the trending news headlines in Argentina on Thursday April 6, 2023

Argentina is facing billions of dollars in legal losses after courts in the US and UK ruled against the country in a series of lawsuits related to growth-linked securities and the nationalization of an oil company a decade ago. This is the latest challenge for Argentina, which is struggling with 100% inflation, dwindling foreign reserves, a drought that is damaging export crops, and a looming presidential election in October. Experts predict that the settlements could be in the billions of dollars. Argentina's dollar bonds extended losses after the latest ruling out of the UK, which holds the nation liable for losses in so-called GDP warrants after the country changed its method of calculating growth. A third US-based court case will be heard later this year over a similar dispute involving Argentina’s dollar-denominated warrants. Argentina is no stranger to lengthy court battles and the country's new administration will inherit both the potential legal payouts, as well as a $65 billion pile of overseas bonds that begins maturing in 2025.

The International Monetary Fund (IMF) has lowered economic targets for Argentina, but some analysts believe the targets are still too high and may set the country up for further failure. The IMF cut the level of foreign currency reserves Argentina needs to build up by the end of this year due to a drought that has affected production of top exports soy and corn. However, analysts have criticized the IMF's inflation aims, crop production forecasts, fiscal targets, and reserves buildup aims as overly optimistic and out of Argentina's reach. Goldman Sachs' Sergio Armella wrote that Argentina seemed unlikely to have met the adjusted reserves and fiscal targets for the first quarter and that the country would face rising pressures as it approaches October's presidential elections.

MotoGP rider Marco Bezzecchi has described his emotions as "desperate" upon learning that the Argentina GP would be held in the wet. However, he went on to make history at the race, taking his maiden victory in MotoGP and the first for Valentino Rossi's team. Bezzecchi dominated the race from the start, finishing over four seconds ahead of his nearest rival. He admitted that mentally, the rain made the race much tougher, but he managed to stay focused and calm, telling himself to be gentle with the bike and keep his concentration. Despite not understanding why he was stronger than the rest of the field, Bezzecchi was overjoyed with the result, saying it was "something that you can’t describe, it’s incredible".

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