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Milei highlights the support of the IMF and the World Bank while denying devaluation pressures

Argentine President Javier Milei stressed the support of the International Monetary Fund (IMF) and the World Bank to its Administration, revealed that Argentina is negotiating a new program with the Fund “to get the economy up and running” and categorically denied the alleged pressures of the body led by Kristalina Georgieva to devalue the peso.

“It is false that the IMF is asking (Luis) Caputo (Minister of Economy) to devalue,” Milei said in an interview on Tuesday with the Todo Noticias (TN) channel in which he referred to the conversations he had with the head of the Fund during the Global Summit on Peace in Ukraine held in Bürgenstock (Switzerland) on June 15 and 16.
“I didn’t talk to her about money,” he clarified.

Milei highlighted what he considered to be economic achievements of his Government. “We have been in financial balance for five months in a row” and “it’s been two months in which salaries and pensions (pensions) beat inflation,” he said.

In addition, he stressed that “wholesale inflation today is 3.5%,” compared to 54% when he assumed the Presidency, while mentioning a new agreement in the making with the International Monetary Fund, and celebrated that “the president of the World Bank decided to support Argentina.”

The president also defended the head of his government’s finances by stating that “(Luis) Caputo is the best Minister of Economy in the history of Argentina. No one is going to achieve Caputo’s achievements,” he said.

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The Argentine head of state categorically denied the rumors about pressure from the IMF to devalue the currency.

“It is false that the IMF is asking Caputo to devalue.” However, he acknowledged the pending challenges: “The recovery will take time, but we are on the right track,” he said.

At the political level, Milei accused Kirchnerism of trying to destabilize his Government: “Kirchnerism is trying to strike a blow from the first moment,” he said without providing evidence in this regard.

Milei also reaffirmed his leadership and decision in the election of his cabinet. “I’m not going to touch any minister. I’m the boss,” he stressed.

During the interview, Milei announced that Federico Sturzenegger, former president of the Central Bank known for his liberal approach and architect of the Argentine president’s economic reform proposals, will be fully integrated into his Government.

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In addition, he criticized figures who, according to him, misappropriate the papal representation: “There are people who take their representation and do not have it. It should not be sympathetic to Pope Francis that those who claim to protect the poor, steal from the poor,” he added.

Milei also referred to the political opposition and the legislative power, pointing out that “a senator earns more than twice as much” as he earns.

At the international level, the president highlighted his relations with far-right politicians. “We have an excellent link with Santiago Abascal (leader of the Spanish far-right Vox party), with the Bolsonaros, with (Giorgia) Meloni,” Italian Prime Minister, boasted.

In addition, he announced an upcoming visit to France: “Macron invited me to go to Paris. I’m going to Paris for the opening of the Olympic Games” and he also defended his official trips.

“I travel as many times as necessary for my work. How many were invited to be at the G7 table? (…), with my travels I put Argentina at the top,” he said.

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In his interview with TN, Milei did not skim on criticism of the media and some journalists, whom he accused of lack of ethics. “There are many journalists who are very dirty,” he said.

Finally, the Argentine president recognized the challenges faced by his Administration

International

China calls for dialogue amid rising Iran-Israel conflict

The Chinese government emphasized on Monday the importance of “creating the conditions to return to the proper path of dialogue” between Iran and Israel, which have exchanged attacks in recent days resulting in more than 20 Israeli and over 220 Iranian deaths.

Chinese Foreign Ministry spokesperson Guo Jiakun expressed deep concern at a press conference over the Israeli attacks on Iran and the “sudden escalation” of the military conflict.

Guo called on all parties to “take immediate measures to ease tensions and prevent the region from descending into further turmoil,” stating that “force cannot bring lasting peace.”

“If the conflict between Israel and Iran continues to intensify or even expand, the countries of the Middle East will be the first to suffer the consequences,” he added, while noting that China “will continue to maintain communication with the relevant parties, promoting peace and dialogue.”

Chinese Foreign Minister Wang Yi spoke last Saturday with his Iranian and Israeli counterparts to condemn the Israeli airstrike on Iranian territory, which he described as a “violation of international law” with the potential to trigger “disastrous” consequences.

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In both calls, Wang reiterated China’s rejection of the use of force, defended diplomacy as the only solution to the Iranian nuclear dispute, and offered China’s mediation to prevent further destabilization in the Middle East.

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International

Suspect arrested in killing of Minnesota legislator and husband, governor Says

Minnesota Governor Tim Walz announced on Sunday the arrest of Vance Luther Boelter, 57, the main suspect in the killing of Democratic legislator Melissa Hortman and her husband in a Brooklyn Park suburb on Friday night.

Boelter, who also reportedly shot State Senator John Hoffman and his wife early Saturday morning, was apprehended in Sibley County following an intensive manhunt involving hundreds of law enforcement officers.

In a public statement, Governor Walz condemned Boelter’s “unthinkable actions,” which resulted in the death of a woman who “shaped the core of who we are as a state.”

“We cannot become numb to this. We are a deeply divided nation,” Walz said in a statement posted on his X account.

“We move forward not with hatred or violence, but with humility, grace, and civility,” he added.

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Expressing solidarity with the victims’ families, Walz said the entire state of Minnesota is in mourning. He also thanked law enforcement for their bravery and professionalism: “They have saved lives,” he emphasized.

“As we heal, we will not let fear win,” Walz concluded. “We must honor Melissa by moving forward with understanding, service, and above all, humanity.”

Throughout Sunday, police and sheriff units searched a rural area in Minnesota for Vance Luther Boelter, a security company director and preacher who, according to Governor Walz, acted out of politically motivated violence.

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International

40,000 tourists stranded in Israel amid airspace shutdown over Iran conflict

Approximately 40,000 tourists are stranded in Israel following the closure of the country’s airspace amid escalating hostilities with Iran, the Israeli Ministry of Tourism reported on Monday.

The ministry has set up a virtual office to provide information via email (virtual@goisrael.gov.il) and phone (+972-53-583-5808), as well as a Facebook page called Israel Virtual Tourist Office.

Israeli Tourism Minister Haim Katz is in contact with hotels and accommodations across the country to offer support to tourists in need, the ministry added.

Many stranded travelers are considering crossing overland into Jordan or Egypt to seek flights from those countries. The Israel Airports Authority reminded the public that land border crossings remain open.

Three German tourists stranded in Jerusalem told EFE today that they have not received any assistance from their country’s embassy in Israel, and their primary option currently is to cross into Jordan to catch a flight from there.

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Since early Friday morning, Israel launched operations against Iran, targeting military personnel and infrastructure, including energy and nuclear facilities, as well as numerous residential areas in Tehran.

In response, Iran has fired hundreds of ballistic missiles at Israel, some of which have struck various locations across the country, leaving at least 24 dead so far, according to Israeli authorities.

Iranian health officials report at least 224 deaths, mostly civilians, including at least 17 senior military officials—nine from the Revolutionary Guard—and more than a dozen nuclear scientists.

The Israeli military has warned that many more “targets” remain, while Iran’s Revolutionary Guard declared on Monday that it will continue missile attacks against Israel until its “destruction.”

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