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Milei denies that Scholz has mentioned the social impact of the reforms in Argentina

The president of Argentina, Javier Milei, denied on Monday that the German chancellor, Olaf Scholz, has mentioned to him, at the meeting they held in Berlin, the impact on the social situation of the strong reforms he is making to lower inflation.

“He never mentioned that to me,” “at no time,” Milei replied in an interview on Mitre radio in Argentina, since the official German statement indicated that Scholz stressed the importance of the “social compatibility” of the reforms undertaken by the president.

Milei met with the head of the German Government during the third stopover of his European tour – which the Argentine president describes as “an excellent trip” – which began in Madrid, continued in Hamburg, and after passing through Berlin, he will meet this Monday with the Prime Minister of the Czech Republic, the conservative Petr Fiala.

“Afar from questioning social policy, (the German authorities) weigh it, because they understand that in the face of an adjustment of this caliber and the initial conditions, social policy has had to be extremely good, because in the face of what we have done, it would have been a catastrophe if we had not acted correctly,” Milei explained in another section of the interview.

Milei has managed to reach the fiscal surplus in the first five months of the year, from a deficit of 6% of GDP in 2023, at the expense of a hard adjustment, which allowed him to slow inflation at a rate of 4.2% monthly last May and 276.4% year-on-on-year.

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“It was a very productive meeting” and “extremely positive,” Milei said when talking about his meeting with Scholz, the first he has with a social democratic leader since he took the presidency, on December 10.

“The German minister asked us about how the economic program was working, given that (Germany) has an important weight in the IMF,” since Argentina intends to renegotiate (with the IMF) the financing program for more than $41 billion, and “what were the prospects for the future,” Milei explained.

“We have talked about the inconveniences of German companies in Argentina and how we were making progress in solving those problems,” Milei added.

Germany is the eighth foreign investor in Argentina, with interests in the manufacturing, mineral and oil extraction and retail and wholesale sectors, and with the presence of companies such as Siemens, Volkswagen and Bayer.

President Milei also referred to the “issue of natural resources, of extreme importance for Germany,” which “woust be motivating many investments to be made in Argentina,” since both leaders addressed global energy security and the importance of having critical minerals.

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Milei mentioned that, as indicated in the official statement issued at the end of the meeting, Argentina’s accession to the Organization for Economic Cooperation and Development (OECD) and the integration of Mercosur with the European Union (EU) was also discussed.

In addition, they talked about Argentina’s entry into the North Atlantic Treaty Organization (NATO) and agreed that Russia has in its hands to end the war of aggression against Ukraine.

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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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