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Commissions of the Argentine Senate resume debate on key law for Javier Milei

The Law Bases and Starting Points for the Freedom of Argentines, the star project of the Executive of Javier Milei, faces a decisive week from this Monday in its discussion prior to its processing in the Senate.

A plenary meeting of the Senate General Legislation, Budget and Finance and Constitutional Affairs committees will resume this Monday at 3:00 p.m. local time (18.00 GMT) the debate of the law and the fiscal package that were approved by Deputies on April 30 and that the Executive needs to show governance and sustainability to its economic program.

At the same time, the ruling party’s negotiations continue with the other blocks of Senators and provincial governors to approve a law that the Executive had imposed as a deadline before May 25.

Times run against the ruling party because several opposition leaders question the level of the income tax on wages, the Incentives for Large Investments (RIGI) Regime and money laundering that are contained in the bills.

If the senators modify the bill, they must return to Deputies so that it is finally sanctioned.

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The presidential spokesman, Manuel Adorni, defended the RIGI on Monday by indicating that “it is not the looting of the country,” “it does not help entrepreneurs to take money abroad,” “much less merge SMEs,” but will attract investments of more than 200 million dollars that “are not made if there is no tax and exchange rate stability” and “will give impetus to the economy, investments and employment,” and will allow “triple the level of exports in a decade.”

The senators of La Libertad Avanza, a far-right party led by Milei, are only seven, another 33 are opposition Peronists and the rest of the 72 legislators of the Upper House are composed of potential allies.

This is the second time that Parliament has debated the bill, since in February it was approved in general by the Chamber of Deputies, but later, in the face of a sure defeat in the vote article by article in the Lower House and a foreseeable subsequent rejection in the Senate, the ruling party chose to return the bill to commissions.

After successive negotiations, the Government submitted a new project with 232 articles (compared to the 664 of the original initiative), the first of which declares the public emergency in administrative, economic, financial and energy matters for a period of one year, giving the Executive delegated powers in those matters, much less than those initially claimed by Milei.

The initiative allows the reform of the State, enables the privatization of a dozen companies, involves controversial changes in labor and retirement legislation and includes incentives for the energy and hydrocarbons sector and for large investments.

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International

Study finds COVID-19 vaccines prevented 2.5 million deaths worldwide

Moderna reduces production of COVID-19 vaccine

COVID-19 vaccines prevented an estimated 2,533,000 deaths worldwide between 2020 and 2024, according to an international study led by Università Cattolica del Sacro Cuore in Italy and Stanford University in the United States, published in the journal JAMA Health Forum. Researchers calculated that one death was prevented for every 5,400 doses administered.

The analysis also found that the vaccines saved 14.8 million years of life, equivalent to one year of life gained for every 900 doses given.

The study, coordinated by Professor Stefania Boccia, revealed that 82% of the lives saved were people vaccinated before becoming infected with the virus, and 57% of deaths avoided occurred during the Omicron wave. In addition, 90% of the beneficiaries were adults over 60 years old.

“This is the most comprehensive analysis to date, based on global data and fewer assumptions about the evolution of the pandemic,” explained Boccia and researcher Angelo Maria Pezzullo.

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International

Trump administration blasts judge’s ruling reinstating TPS for Honduras, Nepal, and Nicaragua

The administration of U.S. President Donald Trump criticized a federal judge’s ruling on Friday that reinstated Temporary Protected Status (TPS) for Honduras, Nepal, and Nicaragua, stressing that the immigration program was never intended to serve as a “de facto asylum system.”

On Thursday, Judge Trina Thompson extended protections for about 7,000 Nepalese immigrants, whose TPS was set to expire on August 5. The ruling also impacts roughly 51,000 Hondurans and nearly 3,000 Nicaraguans, whose TPS protections were scheduled to end on September 8.

Immigrants covered by TPS had sued the Department of Homeland Security (DHS), alleging that the program’s termination was driven by “racial animus” and stripped them of protection from deportation.

DHS Deputy Undersecretary Tricia McLaughlin issued a statement saying the decision to end TPS was part of a mandate to “restore the integrity” of the immigration system and return the program to its original purpose.

“TPS was never conceived as a de facto asylum system; however, that is how previous administrations have used it for decades,” McLaughlin emphasized.

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She also criticized Judge Thompson, calling the ruling “another example” of judges “stirring up claims of racism to distract from the facts.”

McLaughlin added that DHS would appeal the decision and take the legal battle to higher courts.

The Trump administration has also terminated TPS protections for approximately 160,000 Ukrainians, 350,000 Venezuelans, and at least half a million Haitians, among other immigrant groups.

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International

Trump to build $200M ballroom at the White House by 2028

The U.S. government under President Donald Trump announced on Thursday that it will begin construction in September on a new 8,000-square-meter ballroom at the White House.

The announcement was made by Karoline Leavitt, the administration’s press secretary, during a briefing in which she explained that the expansion responds to the need for a larger venue to host “major events.”

“Other presidents have long wished for a space capable of accommodating large gatherings within the White House complex… President Trump has committed to solving this issue,” Leavitt told reporters.

The project is estimated to cost $200 million, fully funded through donations from Trump himself and other “patriots,” according to a government statement. Construction is scheduled to begin in September and is expected to be completed before Trump’s term ends in 2028.

The Clark Construction Group, a Virginia-based company known for projects such as the Capital One Arena and L’Enfant Plaza in Washington, D.C., has been selected to lead the project.

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The new ballroom will be built on the East Wing of the White House, expanding the iconic residence with a space designed for state dinners, official ceremonies, and large-scale events.

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