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Top Argentina lawmaker named economy ‘super minister’ as crisis drags on

AFP
Argentina’s government on Thursday appointed the head of the country’s lower house of Congress, Sergio Massa, as the new economy “super minister,” as Buenos Aires attempts to surmount an economic crisis marked by soaring inflation.
Massa’s appointment brings together three ministries under his supervision: economy, development and agriculture.
Some 37 percent of Argentina’s population of 45 million live in poverty, while inflation for the first half of the year topped 36 percent.
Massa, a 50-year-old attorney by training who has been in politics for years, will take over his new post once he has properly stepped down from his seat in Congress, the office of President Alberto Fernandez said in a statement.
The previous economy minister Silvina Batakis, who had just returned from Washington where she held talks at the International Monetary Fund over Argentina’s debt, will shift over to run the state-owned bank Banco Nacion.
Argentina, which earlier this year renegotiated repayments on a $44-billion loan with the IMF, has committed to reducing its public deficit from three percent in 2021 to 0.9 percent by 2024.
On Thursday, thousands of people demonstrated in Buenos Aires for a “universal salary” worth 67,000 pesos (around $490 at the official exchange rate), which amounts to the cost of two basic food baskets, for the country’s lowest earners.
“Poverty has taken control of the country,” Monica Sulle, a leader of the Socialist Workers’ Movement (MST), told AFP.
“This unstoppable inflation is taking a seat at the family dinner table at every level of society, but in the poorest sectors, it’s a catastrophe,” said Vilma Ripoli, a leader of the Workers’ Leftist Front (FIT).
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Trump: ‘We Think It’s True’ Amid Claims Iran’s Supreme Leader Was Killed
U.S. President Donald Trump said on Saturday that he believes multiple reports claiming the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, during the U.S. and Israeli offensive against the Islamic Republic are likely true, though he stopped short of confirming the news.
“We have a feeling that the information is correct,” he said, according to NBC News. “I don’t want to say anything definitive until I see it, but we think that’s the case. And many of their leaders have disappeared,” he added.
Earlier, Israeli Prime Minister Benjamin Netanyahu said there were “many indications” that Khamenei had died in an attack on his residential compound.
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Former South Korean President Yoon Suk-yeol Sentenced to Life for Insurrection
A South Korean court on Thursday sentenced former president Yoon Suk-yeol to life imprisonment after finding him guilty of leading an insurrection by declaring martial law in late 2024.
“The declaration of martial law resulted in enormous social costs, and it is difficult to find any indication that the defendant has shown remorse,” said Judge Ji Gwi-yeon of the Seoul Central District Court. “We sentence him to life in prison,” the judge stated.
Yoon declared martial law in a nationally televised address in December 2024, arguing that drastic measures were necessary to eliminate what he described as “anti-state forces.”
The 65-year-old conservative former leader was removed from office, arrested, and charged with multiple offenses, including insurrection and obstruction of justice.
Judge Ji noted that Yoon ordered military forces to the National Assembly in an attempt to silence political opponents.
“The court determined that the intention was to paralyze the assembly for a considerable period of time,” the judge said.
Former Defense Minister Kim Yong-hyun was also sentenced to 30 years in prison for his role in the crisis.
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Eight Killed in Series of Armed Attacks in Ecuador’s Manabí Province
At least eight people were killed in four separate armed attacks reported Sunday night in the cities of Manta and Montecristi, in Ecuador’s coastal province of Manabí, one of the areas hardest hit by the country’s escalating wave of criminal violence, local media reported on Monday.
The shootings occurred between 7:50 p.m. and 10:50 p.m. local time and affected several neighborhoods, as well as a family gathering, according to press reports. Police are investigating the incidents.
The first attack took place in the Los Artesanos sector of Montecristi, where a couple was shot dead in a public street.
Minutes later, in Manta’s 12 de Octubre neighborhood, a man was killed while sitting down. Police arrested a suspect at the scene and seized a 9mm magazine, authorities said.
A third incident occurred in the Bellavista area of Manta, when an armed assailant entered a home and shot a man during a family celebration. The attacker was captured by neighbors and sustained injuries.
The deadliest attack was reported at 10:50 p.m. in the Leonidas Proaño parish of Montecristi, where gunmen opened fire from two vehicles on a group of people, leaving four dead and five wounded.
According to Jaime Salgado, acting chief of the Manta Police District, officers recovered seven 7.62mm shell casings, consistent with rifle ammunition, and 14 .40-caliber casings at the scene.
With these killings, the Manta police district, a port and tourist area on Ecuador’s Pacific coast, has recorded 51 violent deaths so far in January 2026, according to official figures.
The attacks occurred amid a state of emergency declared by the government in December due to serious internal unrest in Manabí, where military operations have been intensified this month, particularly in high-conflict zones.
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