
Argentina's Kirchner Sentenced to House Arrest in Graft Case
It had remained unclear until the judge's ruling Tuesday whether Kirchner, 72, would be allowed to serve time from home, given her age and local laws, or instead be sent to jail. The decision came a day earlier than expected as the former president's supporters had planned protests for Wednesday outside the court and near her apartment, where she'll be confined.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
a day ago
- Bloomberg
Argentina Peso Gains as Authorities Ease Impact of Debt Auction
Argentina's peso edged higher on Thursday, as authorities looked to reassure investors after a key local debt auction fell short of market expectations, with President Javier Milei's administration rolling over just 61% of maturities. The peso rose 0.7% at the market open, trading at 1,303 pesos per dollar at 10:45 am in New York. The parallel rate was also stronger. Still, an ETF tracking Argentine stocks dropped 2.4%, heading for its biggest daily decline since June. Argentina's dollar bonds were leading losses in emerging markets, with the notes maturing in 2035 falling by 0.4 cent on the dollar to trade at almost 67 cents, according to indicative pricing data compiled by Bloomberg.


Bloomberg
2 days ago
- Bloomberg
Argentina Faces Massive Debt Rollover Amid Currency Pressures
Javier Milei's government faces a key test on Wednesday as it tries to roll over 15 trillion pesos ($11.3 billion) of local currency debt representing about third of all the money in circulation in Argentina's economy. Yields on short-term government notes soared to a record 65% earlier this week ahead of the auction — a reflection of a liquidity crunch in the local financial system after the central bank raised reserve requirements in a bid to contain inflation and ease pressure on the currency.
Yahoo
3 days ago
- Yahoo
Argentine leader Milei launches initiative to boost Israel-Latin America ties
TEL AVIV, Israel (AP) — Argentine President Javier Milei is helping to launch a $1 million initiative to improve diplomatic relations between Israel and several Latin American countries at a time when Israel is facing intense international criticism over its operations in Gaza. The Isaac Accords, funded by money from the Genesis Prize that Milei received two months ago in Jerusalem, will increase ties between Israel, Uruguay, Panama and Costa Rica, according to the Genesis Prize announcement on Tuesday. Argentina, under Milei, already has solid ties with Israel. His posture stands in contrast to most of Latin America — where Bolivia and Colombia have severed ties with Israel and other countries have recalled their ambassadors. The new initiative's name is a nod to the Abraham Accords, which recognized bilateral relations between Israel and several Arab states starting in 2020, during U.S. President Donald Trump's first administration. In 2026, the Isaac Accords plans to expand to Brazil, Colombia, Chile, and possibly El Salvador, according to the organizers, the American Friends of the Isaac Accords. Milei was awarded the Genesis Prize in Jerusalem on June 12 in recognition of his support for Israel, especially when many countries and international organizations, including the United Nations, have condemned Israel's actions in Gaza. Milei is among the greatest supporters of Prime Minister Benjamin Netanyahu's right-wing government when it comes to world leaders, as Israel faces growing isolation over its bombardment and invasion of Gaza in response to the Hamas-led attacks on Oct. 7, 2023. Although born and raised Roman Catholic, Milei has increasingly shown public interest in Judaism and even expressed intentions to convert.