Argentina latest news

Here are some of the latest news from Argentina:

Politics

• President Alberto Fernández has announced a new cabinet reshuffle, with several ministers being replaced, including the Minister of Economy, Martín Guzmán. (Source: Bloomberg)
• The Argentine government has reached an agreement with the International Monetary Fund (IMF) to restructure its debt, which is expected to help the country avoid a default. (Source: Reuters)

Economy

• Argentina's economy has contracted by 3.5% in the first quarter of 2023, according to official data, due to a combination of factors including high inflation and a decline in agricultural production. (Source: Bloomberg)
• The country's central bank has raised interest rates to 60% to combat inflation, which is expected to reach 100% this year. (Source: The New York Times)

Sports

• Lionel Messi has announced his retirement from international football, bringing an end to his illustrious career with the Argentine national team. (Source: BBC Sport)
• The Argentine football team has qualified for the 2023 Copa América, which will be held in Brazil. (Source: ESPN)

Other News

• A powerful earthquake has struck the province of Mendoza, causing widespread damage and injuring several people. (Source: Al Jazeera)
• The Argentine government has launched a new program to provide financial assistance to small and medium-sized businesses affected by the COVID-19 pandemic. (Source: Argentina News)

Recent Developments

• The Argentine government has announced plans to increase the minimum wage by 20% to help combat poverty and inflation. (Source: The Guardian)
• The country's healthcare system is facing a shortage of medical supplies and equipment, including masks and ventilators, due to a combination of factors including a decline in government funding and a shortage of foreign currency. (Source: The New York Times)