International
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.
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.
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.
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
20th Festival Salvadoreñísimo brings together thousands of salvadorans in Houston
Parades, baton twirlers, and a mix of Salvadoran and international music set the tone for the 20th edition of the Festival Salvadoreñísimo, held in Houston, Texas, with Tony Villatoro once again leading the organization.
This year, the highly anticipated event moved to a new venue: The Crown Festival Park in Sugar Land, Fort Bend County, within the “space city.” Despite the scorching sun of the open-air setting, spirits remained high, and a brief drizzle later brought relief and renewed energy to the celebration.
More than 5,000 Salvadorans gathered at the park, joining with Guatemalans, Hondurans, and even Mexicans to commemorate 204 years of independence for El Salvador and Central America. The festival was marked by a family-friendly atmosphere, where traditional foods such as pupusas, panes con gallina, pastelitos, and horchata could not be missed.
“Twenty years with this festival, and I am very grateful to the Salvadoran community that always shows up. Thanks to them, the sponsors, and to Diario El Salvador for supporting us since the beginning,” said Tony Villatoro, as more compatriots continued arriving to the celebration.
“I am satisfied. I didn’t expect this level of attendance, especially since we were trying a new outdoor venue with some challenges, but we made it through successfully,” Villatoro added.
The Festival Salvadoreñísimo, now a two-decade-long tradition, once again took place as part of Hispanic Heritage Month, a time when independence festivities run from mid-September through October.
International
El Salvador unveils 2025-2029 National Reintegration Plan for returned migrants
The Ministry of Foreign Affairs has launched the National Reintegration Plan for Returned Salvadorans 2025-2029, a strategy designed to create greater opportunities, ensure access to quality services, and provide a favorable environment for Salvadorans returning to their home country to rebuild their lives.
The initiative is supported by the United Nations Network on Migration, coordinated by the International Organization for Migration (IOM), financed by the Peacebuilding Fund (PBF), and backed by the Inter-American Development Bank’s (IDB) Migration Unit.
During the presentation, Vice Minister of Diaspora and Human Mobility Cindy Mariella Portal emphasized that migrants often face multiple challenges upon returning to their communities.
“That is why we are implementing actions that generate real and sustainable opportunities for these individuals,” she stated.
International
Authorities capture CJNG financial chief in international airport operation
A man identified as the main financial operator of the powerful Jalisco New Generation Cartel (CJNG) was arrested Thursday at Mexico City’s international airport, authorities reported.
The individual, named by Mexican media as Óscar Antonio Álvarez, was apprehended during an operation involving the army, navy, National Guard, police, and the attorney general’s office, according to a joint statement.
Álvarez is considered the primary financial operator of a criminal group originating in Jalisco, and the capture took place at Benito Juárez Airport as he arrived on a flight from Barcelona, Spain.
Authorities stated that Álvarez faces charges of organized crime and money laundering, specifically for receiving and transferring illicit funds. His work with the CJNG reportedly included purchasing properties and managing businesses in the tequila and livestock sectors.
According to El Universal, Álvarez was directly under the command of Rubén Oseguera Cervantes, “El Mencho”, the cartel’s top leader, for whom the U.S. offers a $15 million reward.
The CJNG, which operates throughout Mexico and in various parts of the world, was designated earlier this year as a “foreign terrorist organization” by the U.S. government.
Álvarez was handed over to the federal public prosecutor to determine his legal situation, the report added.
20th Festival Salvadoreñísimo brings together thousands of salvadorans in Houston
El Salvador unveils 2025-2029 National Reintegration Plan for returned migrants
22-Year-Old Suspect Arrested After 33-Hour Manhunt in Small Western U.S. Town
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
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