International

Argentines remember 2001 ‘great crisis’ and its victims

AFP

Several thousand Argentines on Sunday commemorated the 20th anniversary of the country’s “great crisis,” when the South American nation plunged into social unrest following economic default.

Gathered at the Plaza de Mayo in central Buenos Aires, various organizations, including unions and radical leftist parties, held a “vigil” late into the night.

In some places, participants gave speeches; elsewhere, a documentary or archive images were shown, all in memory of the 39 mostly young victims of the episode’s unrest.

The commemorations will culminate on Monday with a large demonstration, staged by groups that are more center-left, to coincide with the anniversary of then-president Fernando de la Rua giving in to popular pressure, resigning and fleeing the presidential palace via helicopter.

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His brief presidency was engulfed by Argentina’s worst-ever economic crisis, a severe recession that set off bank runs and deadly street riots that culminated on December 19-20, 2001.

Of the more than 30 people across the country who were killed in the looting of shops, demonstrations and clashes with police over 48 hours, five were in and around the Plaza de Mayo.

On Sunday, President Alberto Fernandez received parents, friends and family of the 2001 event’s victims at the presidential palace for a tribute and unveiling of a plaque with the 39 victims’ names, which was affixed on entrance gates.

“All the deaths of those days were unjust, there was no justified death,” Fernandez said before unveiling the plaque.

The government also announced this week that a bill would soon be presented to parliament to provide compensation for victims of police repression.

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Participants in the Sunday vigil took aim at the Argentine government, which is seeking to renegotiate a $44 billion loan from the IMF, contracted in 2018 under former president Mauricio Macri.

“Here we are begging Washington for an agreement (with the IMF) which will bring us a decade of misery,” said Nestor Pitrola, a trade unionist and president of the Workers’ Party.

“For 20 years, no government has been able to empower Argentina or lift it out of poverty,” he said.

International

Macron meets Machado, stresses need for democratic transition in Venezuela

Emmanuel Macron met on Monday at the Élysée Palace with Venezuelan opposition leader María Corina Machado, where they discussed the importance of advancing a democratic transition in Venezuela.

In a message shared on social media, Macron highlighted Machado’s commitment to freedom and stressed the need to achieve a transition that is peaceful and respects the will of the Venezuelan people.

“I received María Corina Machado, Nobel Peace Prize laureate. Together, we discussed her commitment to freedom and the importance of achieving a democratic, peaceful transition in Venezuela that respects the will of its people,” he wrote.

For her part, Machado expressed her “deep gratitude” to Macron and to France for their support of democracy and freedom in Venezuela.

“We have gone through a long and painful journey, and we are now very close to freedom. Venezuela will become a nation of free and equal men and women—prosperous, safe, and united,” she said.

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International

Trump says Iran seeks new talks after failed negotiations in Pakistan

Donald Trump said on Monday that Iran has reached out to United States to resume negotiations, following the collapse of recent talks held in Islamabad.

“We’ve been contacted by the other side,” Trump told reporters, adding that Iran is eager to reach a deal “at all costs.” Speaking from the Oval Office, he reiterated that his main objective is to prevent the Islamic Republic from acquiring nuclear weapons and warned that he will not allow Iran to “blackmail” the international community.

After negotiations between Washington and Tehran ended without agreement on Sunday, Trump announced that the U.S. would move to block the Strait of Hormuz, a critical route for global oil trade.

The waterway had already been disrupted by Iran in response to a U.S. and Israeli offensive launched on February 28, causing significant shocks to the global economy.

In a post on Truth Social, Trump further warned that any Iranian vessel attempting to bypass the U.S. naval blockade in the strait would be “eliminated immediately.”

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The renewed tensions have pushed oil prices higher, while global stock markets have reacted negatively to the lack of an agreement in Islamabad.

International

Trump orders U.S. control of Strait of Hormuz after failed Iran talks

U.S. President Donald Trump announced on Sunday that the United States will take control of the Strait of Hormuz“effective immediately,” following the collapse of negotiations with Iran held in Islamabad.

In a post on Truth Social, Trump said he had ordered the U.S. Navy to block vessels attempting to enter or exit the strategic waterway, a key route for global energy trade.

“The meeting went well, agreement was reached on most points, but the only really important one — nuclear weapons — was not approved,” Trump said, referring to the talks with Iranian representatives.

The president also stated that he had instructed authorities to intercept ships in international waters that had paid tolls to Iran to transit the strait, calling such payments “illegal.” He further accused Tehran of hindering an agreement by deploying mines in the area, describing the move as “international extortion.”

Trump added that the United States will undertake efforts to clear mines from the strait and expressed confidence that a future agreement ensuring free navigation could eventually be reached.

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The announcement came after Vice President JD Vance and special envoys Steve Witkoff and Jared Kushner briefed the president on the outcome of the negotiations, considered the highest-level contacts between the two countries since the 1979 Islamic Revolution.

While Trump acknowledged that enough progress had been made to maintain a temporary truce, he criticized Iran for remaining unwilling to abandon its nuclear ambitions, calling its position “very inflexible” on the central issue.