Argentina

Argentina's main labor union on Thursday called for a general strike over President Javier Milei's reforms aimed at liberalizing the country's economy.

This was announced today by the administration of the new president of Argentina, Javier Milei, who is nicknamed "The Madman".
Firing of government employees is part of a comprehensive plan that, according to Milei, aims to transform Argentina's economy, AP reports.

Argentina's new leader Javier Milei on Wednesday unveiled a series of measures to deregulate the country's struggling economy, eliminating or changing more than 300 rules via presidential decree, including on rent and labor practices.

Argentina's Economy Minister, Luis Caputo, declared an unprecedented step to devalue the peso by more than 50%, aiming to rescue the country's struggling economy. This decision, changing the dollar conversion rate to 800 pesos per dollar from 365, comes early in President Javier Milei's tenure.

A total of 153 countries called for an immediate ceasefire in Gaza in a vote at the UN General Assembly.

The resolution demanding an end to hostilities by Israel and the Islamist movement "Hamas" is non-binding. It follows a Security Council vote under a procedure set in motion by the UN secretary-general, in which such a ceasefire text was blocked by the United States.

Ukrainian President Volodymyr Zelensky made an impassioned plea for continued US military support Monday in a Washington speech, warning that failure to help his country defeat Russian invasion is fulfilling the Kremlin's "dreams" of wrecking democracy in Europe.

Javier Milei sworn in as Argentina's new president on Sunday, sealing the ascent of a political newcomer who gained popularity by calling for economic reforms, CNN reported.

Milei is an economist and former political commentator who, during his election campaign, spoke about his intent to slash spending, according to CNN report.

Argentina's President Javier Milei took office Sunday with a stark warning to citizens to brace themselves for painful austerity measures as he seeks to cut spending and curb triple-digit inflation, all with empty coffers.

Day 655 of the invasion of Ukraine. Summary of key events in the last 24 hours:

Argentina will not be joining the BRICS bloc of developing economies next year as scheduled, a senior official in President-elect Javier Milei's team has said.

"We will not join the BRICS," Diana Mondino, who Milei picked as foreign minister once he is sworn into office on Dec. 10, wrote on X.