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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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U.S. strike in Caribbean kills three suspected drug traffickers

A U.S. strike on a suspected drug-smuggling vessel in the Caribbean killed three people on Saturday, according to Pentagon Chief Pete Hegseth, marking the latest in a series of attacks in international waters.

The United States has deployed ships to the Caribbean and sent fighter jets to Puerto Rico as part of a large military force that Washington says is aimed at curbing drug trafficking.

“This vessel, like all the others, was known to our intelligence for being involved in illicit narcotics smuggling,” Hegseth stated on X. “Three narcoterrorists were aboard the vessel during the attack, which took place in international waters,” he added.

Experts argue that the attacks, which began in early September, amount to extrajudicial executions, even if the targets are known traffickers.

Washington has yet to publicly provide evidence that the targeted individuals were actively smuggling drugs or posed a threat to the United States.

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Hegseth said the U.S. would continue “hunting… and killing” suspected traffickers. He also shared video footage of the strike, showing the vessel being hit and engulfed in flames. As in previous videos, sections of the ship were blurred, making it impossible to verify the number of people on board.

The United Nations called on Friday for Washington to halt its attacks.

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International

At least 23 killed in Sonora supermarket blast, including minors

At least 23 people were killed and 11 others injured in an explosion at a supermarket in Hermosillo, in the northern Mexican state of Sonora, local authorities reported on Saturday.

“So far, there are 23 confirmed deaths and 11 injured, including minors,” said Sonora Governor Alfonso Durazo in a video message. He added that the injured are receiving treatment in various hospitals across the city.

“I have ordered a thorough and transparent investigation to determine the causes of the incident and assign responsibility where appropriate,” Durazo said.

The explosion occurred at a Waldo’s store in downtown Hermosillo. Local authorities confirmed that the incident was not an attack nor related to any violent act against civilians.

Meanwhile, Mexico City Mayor Claudia Sheinbaum expressed her condolences on X, offering sympathy to the families and loved ones of those who lost their lives.

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Floods in Central Vietnam leave 28 dead, thousands displaced

The death toll from heavy rains and flooding in central Vietnam has risen to 28, with six people reported missing and 43 injured, local newspaper VnExpress reported Friday night.

More than 22,100 homes remain flooded, primarily in the cities of Hue and Da Nang. Floods and landslides have destroyed or swept away 91 houses and damaged another 181, the report added.

Around 245,000 households are still without electricity, particularly in Da Nang, where over 225,000 homes are affected.

Additionally, 80 stretches of national highways are blocked or disrupted due to landslides. Authorities expect the flooding to continue for another day or two in the region.

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