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Local time 18, the Argentine central bank confirmed that the face value of 10,000 Argentine pesos and 20,000 Argentine pesos will be officially put into circulation in June this year.

In recent years, the face value of banknotes issued by Argentina has been increasing due to persistent high inflation and serious currency depreciation. In 2016 and 2017, Argentina issued banknotes with a face value of 500 pesos and 1000 pesos respectively. The 2000 peso note, which went into circulation in May last year, is currently the largest denomination note on the Argentine market.

Argentina’s monthly inflation rate reached 132% in February, with a cumulative inflation rate of 2762% in the past 12 months, according to data released by Argentina’s National Bureau of Statistics on the 12th. (gong Xiangcheng, a reporter from the front desk)

Related news:

Buenos Aires, March 19 / PRNewswire-FirstCall-Asianet /– what is the effect of the reform since Argentine President Mile took office 100 days ago?

Press gallery h Wang Zhongyi

Since taking office in December last year, Argentine President Mile has launched a series of shock therapy reform measures aimed at saving the economy, with a view to reducing the fiscal deficit and controlling inflation. Among them, the two major reform measures proposed by the Mile government are still pending due to parliamentary procedures.

At present, Argentina has achieved a fiscal surplus for two consecutive months, and the inflationary pressure has eased somewhat, but the difficulties such as the increase in unemployment, the decline in industrial production and rising prices still exist. Analysts believe that whether the reform can be supported by Congress, whether inflation can be controlled and whether public anxiety can be calmed down are still challenges facing the Mile government.

The prospect of reform is uncertain.

In his first month in office, Mile launched two major reform measures, namely, the necessary emergency decree on the basis of Argentina’s economic reconstruction and the comprehensive bill called the foundation and starting point of Argentine freedom, covering the amendment or repeal of hundreds of laws and regulations, respectively, aimed at relaxing government and legal controls on economic names, reducing the fiscal deficit and facilitating import and export trade. In addition, Mile also devalued the Argentine peso significantly.

On March 14, the Argentine Senate voted down the necessary emergency decree signed by Mile, which will then be submitted to the Argentine House of Representatives for consideration and vote. According to Argentine law, even if the decree is rejected by the Senate, it can take effect as long as the House of Representatives votes to pass it; if the House of Representatives votes to reject it, the decree will be completely null and void. The comprehensive bill introduced by Mile has not been passed by Congress before, and is now planning to amend the provisions of the bill to be submitted to Congress for consideration.

Analysts believe that the resistance to Mile’s reform mainly comes from the left and trade unions. at present, as the ruling party and left-wing opposition parties do not have a majority in both houses, Mile still needs to win the support of centrist parties to promote the implementation of the reform.

Sun Hongbo, associate researcher at the Institute of Latin American Studies of the Chinese Academy of Social Sciences, believes that the Mile government intends to carry out a systematic and radical reform, but the relevant reform measures currently face various political checks and balances. Generally speaking, the Mile government is facing the constraints of many forces, such as the ruling coalition, left-wing political parties, local governments, trade unions and so on, and there is a lot of uncertainty about the prospect of its radical reform.

The plight of people’s livelihood needs to be alleviated.

Recently, a lot of news has been seen as positive by the Argentine government: Argentina’s central bank cut its benchmark interest rate to 80%, a fiscal surplus for two consecutive months, an easing of inflationary pressures, the International Monetary Fund approved a further $4.7 billion loan to Argentina, and Argentina completed a debt swap of more than $50 billion. Despite this, Argentine people are still plagued by rising unemployment, rising prices and other problems.

In March, Argentines ushered in the day to return to work and start school, but many people were laid off. Argentine media reported that companies said sales had fallen sharply and could not afford to hire so many employees. The dark clouds of unemployment, poverty and rising prices hang over the Argentine people.

Argentine sociologist Marcelo Rodriguez said the unemployment rate in Argentina is expected to rise in the future as more than 50, 000 jobs have been lost as a result of government cuts, layoffs and no longer injecting funds into public projects.

According to a recent report by Argentina’s Financial Circle, the latest report of the Argentine Federation of Industries showed that in January this year, Argentina’s industrial production index fell to 299%, the lowest level on record, and was in a contraction range of less than 50% for the seventh month in a row. The report said that the output of more than half of the small and medium-sized enterprises surveyed declined, and several sets of data showed that the plight of industrial production in Afghanistan intensified, with small and medium-sized enterprises bearing the brunt.

A staff member of the United Nations Children’s Fund (UNICEF) office in Argentina recently said that in the first quarter of 2024, the poverty rate of children and adolescents in Argentina will reach about 70%, and the rate of extreme poverty will reach 34%.

Since the beginning of this year, large-scale strikes and demonstrations have broken out in Argentina many times to oppose the reform measures of the Mile government. On March 18, a number of trade union organizations in Argentina launched a march in the capital Buenos Aires and other cities across the country. In January, a number of national trade unions and left-wing organizations in Argentina also held a national strike to protest against the Mile government’s reform measures ignoring the rights and interests of labor and social vulnerable groups, resulting in the suspension of services in banks, gas stations, airports, aviation, sanitation and other industries in many parts of Argentina.

The economy faces the challenge of stagflation

Argentine economist Gustavone believes that the Mile government has reversed the declining trend of Argentine dollar reserves after 100 days in power, but the country’s economy still faces the challenge of stagflation.

Inflation in Argentina was 132 per cent in February, down from 206 per cent in January and 255 per cent in December, according to the Argentine National Institute of Statistics and Census. The cumulative inflation rate in the past 12 months reached 2762 per cent. Rosendo Fraga, a researcher at Argentina’s National Institute of moral and political Sciences, believes that although the monthly inflation rate has decreased, inflation is still at a high level.

The International Monetary Fund (IMF) released a report on January 30 predicting that Argentina will face recession and rising inflation in the context of a sharp adjustment in economic policy. The report predicts that Argentina’s economy will contract by 28% in 2024.

Argentina’s TN news channel recently quoted Moody’s investor service, an international rating agency, as saying that the Argentine economy is expected to contract by 5% in 2024, far more than the 25% forecast in November 2023. In terms of inflation, Argentina’s inflation rate is expected to exceed 280% in 2024 and still exceed 220% in 2025. (source: Xinhua)

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According to a Reuters report on March 12, at least two armed groups headquartered in Ukraine said on social media that they invaded Russia’s western border on the 12th.

Reports said that both the Russian Free Corps and the Siberian Battalion announced on the Telegraph social platform that they had launched an attack from Ukraine to Russia.

The Russian Free Corps said in the telegram: We will regain our land from (Russia) centimetre by centimeter.

Russian officials say the groups are puppets of the Ukraine military and the CIA. Moscow says the latter is trying to incite chaos in Russia.

Andreyusov, spokesman for Ukraine’s military intelligence department, said that these organizations operate on Russian territory independently of Ukraine.

The Russian Freedom Corps ‘statement also appears to point to the upcoming Russian presidential election this weekend. The group said: People will vote for whom they want, Russians will live a free life.

A number of armed groups, including the Russian Free Corps, have previously claimed responsibility for other cross-border attacks from Ukraine to Russia. (Compiled by Xiong Wenyuan)

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According to a report by Russia’s Lenta on July 16, Slutsky, chairman of the International Affairs Committee of the Russian State Duma (lower house of parliament) and leader of the Liberal Democratic Party, said on the telegram social platform that Moscow will not participate in the peace summit on Ukraine’s conditions.

According to reports, on July 15, Ukraine President Zelensky proposed inviting Russia to attend the next peace summit.

I’m setting tasks so that we can come up with a fully mature plan in November, Zelensky said. After the plan is finalized, everything will be ready for the second summit.

Reported that the U.S. State Department expressed support for Ukraine’s decision to invite Russia to participate in the next peace summit. (Compiled by He Yingjun)

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Jerusalem, May 15 (Reporters Lu Yingxu and Wang Zhuolun) Israeli Prime Minister Benjamin Netanyahu said on the 15th that Israel refused to accept the resolution recently adopted by the United Nations General Assembly on the issue of Palestinian membership, saying that the resolution does not constitute future Israeli-Palestinian negotiations. basis.

According to a press release issued by the Israeli Government Information Office, the Israeli government unanimously decided that day to refuse to accept the UN General Assembly resolution. Netanyahu said in the communiqué that the UN General Assembly resolution will not change the status of the disputed territory or the rights of Israel and the Jewish people on Israeli land. This resolution does not form the basis for future negotiations between the two sides, nor will it accelerate the peaceful settlement of the Palestinian-Israeli issue.

On the 10th of this month, the 10th emergency special session of the United Nations General Assembly adopted a resolution with a vote of 143 in favor, 9 against, and 25 abstentions, concluding that the State of Palestine meets the membership of the United Nations as stipulated in the United Nations Charter and should be accepted as a member of the United Nations. The resolution recommended that the Security Council reconsider Palestine’s application to join the United Nations as a member state from a favorable perspective.

Palestine is currently an observer state at the United Nations. In September 2011, Palestine submitted a formal application to the United Nations to become a member of the United Nations, but it was not approved by the Security Council. In early April this year, at Palestine’s request, the 15 members of the Security Council reviewed Palestine’s application for membership in the United Nations again and voted on relevant draft resolutions on April 18. The draft was not adopted because the United States used its veto power to cast a negative vote.

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Houston, May 15 (Reporter Xu Jianmei) The municipal authority of Galveston, an island city in eastern Texas, said on the 15th that a barge hit a local bridge that day, causing a fuel leak and damage to the bridge.

The bridge involved was the only land route to Pelican Island north of Galveston. David Flores, head of bridge affairs for the Galveston County Navigation District, said that due to strong water and high waves, a tugboat from Texas International Port lost control of two refueling barges it was driving, one of which hit the bridge pillar.

Aerial footage showed that part of the bridge pillars collapsed, and large pieces of broken concrete and rail fragments hung on one side of the bridge and fell onto the barge.

After the accident, the bridge, which was opened in 1960, was closed. Galveston City Authority said in a statement that no injuries had been reported. The accident caused a fuel leak in the Gulf of Mexico, and the U.S. Coast Guard will determine the extent of the leak and initiate control and cleanup procedures.

Galveston County spokesman Spencer Lewis said the barge could carry 30,000 gallons of oil (about 113.55 million liters). It was unclear how much leaked into the bay. About 105 kilometers of waterways around the incident were closed.

Texas A & M University at Galveston on Pelican Island said the accident caused a brief power outage at the school and power has now been restored.

According to US media reports, American ship collisions with bridges have occurred frequently in the past few months. On March 26, a container cargo ship crashed into a bridge in Baltimore, Maryland, in the eastern United States and collapsed, killing six people. On April 12 and 13 on the Ohio River near Pittsburgh, Pennsylvania, 26 inland river barges separated from their moorings due to floods and drifted uncontrollably, when one hit a bridge that had been closed. On May 9, a large barge broke loose from a tugboat on the Mississippi River flowing through Iowa and sank after hitting the nearly century-old Fort Madison Bridge.

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CCTV reporters learned that on July 15, local time, former U.S. President Trump announced at the Republican National Convention in Milwaukee, Wisconsin that Ohio Senator James David Vance (JDV) would serve as his vice presidential candidate. Participate in the 2024 presidential election.

James David Vance was born on August 2, 1984 in Middletown, Ohio. He served in the U.S. Marine Corps, is a writer and venture capitalist, and was elected to the Republican U.S. Senate in 2022. (CCTV reporter Liu Xiaoqian)

Related reports:

The US Republican Party officially nominated Trump as its presidential candidate

On July 15, local time, at the Republican National Convention of the United States in Milwaukee, Wisconsin, a Republican representative announced that Trump would participate in this year’s U.S. presidential election as the Republican presidential candidate.

Subsequently, at the Republican National Convention, former U.S. President Trump received enough Republican delegate votes and was officially nominated as the party’s presidential candidate in the 2024 general election. (General reporter Liu Xiaoqian)

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Brussels, March 18 (Reporter Fu Yiming) The European Council announced on the 18th that it will allocate another 5 billion euros to provide military assistance to Ukraine.

The Council of the European Union said in a press release on the same day that it decided to set up a special Ukraine aid fund within the framework of the existing European Peace Fund and allocate 5 billion euros to provide military assistance to Ukraine.

The communiqué said that the Ukraine Aid Fund will enable the EU to further meet the changing needs of the Ukraine armed forces by providing lethal and non-lethal military equipment and training; the fund complements military assistance provided to Ukraine by EU member states.

In March 2021, the Council of the European Union approved the establishment of the European Peace Fund, which aims to enhance the EU’s capabilities in the fields of conflict prevention, peace-building and strengthening international security. The fund is not included in the EU’s fiscal budget. After multiple additions, the fund’s total budget ceiling for the period from 2021 to 2027 currently exceeds 17 billion euros.

Data released by the European Union shows that since the Russia-Ukraine conflict escalated in February 2022, the European Union and its member states have provided or promised to provide more than 138 billion euros in various assistance to Ukraine, of which 28 billion euros are military assistance.

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Moscow, July 17 (Reporter Jiang Youlin) The Russian Ministry of Defense announced on the 17th that Russia and Ukraine each handed over 95 detainees to each other that day.

The Russian Defense Ministry said on social media that after negotiations, 95 detained Russian personnel returned from Uzbekistan-controlled areas. In exchange, Russia handed over 95 Ukrainian military personnel to Uzbekistan. The released Russian personnel will be sent to Moscow for treatment.

Ukraine President Zelensky also posted on social media on the 17th that 95 detained Ukrainian military personnel were released from Russia that day.

Since March 2022, Russia and Uzbekistan have exchanged detained persons many times. According to the latest data provided by Uzbekistan’s department responsible for coordinating detained persons, a total of 3405 people have been released so far. (Participating reporter: Li Dongxu)

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United Nations, May 21: Fu Cong, Permanent Representative of China to the United Nations, delivered a speech at the Security Council open debate on the protection of civilians in armed conflict on the 21st, emphasizing that the elimination of armed conflict is the greatest protection for civilians.

Fu Cong said that saving lives in armed conflicts is certainly a noble goal, but it must be noted that as long as the conflict does not subside, civilian lives will be threatened at any time. At the same time, we must not forget that the primary responsibility of the Security Council is to maintain international peace and security. The Gaza conflict, which has lasted for more than seven months, has caused unprecedented civilian casualties and humanitarian disasters, and the lives of the millions of people currently gathering for refuge in Rafah are at risk. The Security Council should make promoting an immediate and comprehensive ceasefire a top priority. To this end, further action should be taken to urge Israel to immediately stop collective punishment of the Palestinian people and stop advancing its military offensive against Rafah, so as to give the people hope for survival.

Fu Cong said that international humanitarian law is the bottom line that must be jointly observed. The Security Council should continue to safeguard the authority of international humanitarian law and ensure its universal and uniform application. Double standards and selective application of humanitarian law are unacceptable and are tantamount to condoning more illegal activities in disguise.

Fu Cong said that attention should be paid to responding to the outstanding challenges brought by the proliferation of small arms and light weapons and the development of autonomous weapon systems. China calls for strengthening global governance of the arms trade, combating the illegal transfer of small arms and light weapons, and calls on all countries not to provide weapons to non-state entities. The risks of artificial intelligence and autonomous weapon systems as means of warfare are rising and deserve great attention. Countries should adhere to the principles of putting people first and intelligence for good to ensure that artificial intelligence is always under human control. China supports the formulation of a legally binding international instrument around lethal autonomous weapon systems.

Fu Cong said that improving the governance capabilities of countries involved in conflicts is the fundamental solution. When dealing with conflict situations, the international community should take systematic measures to support countries parties to conflicts in effectively enhancing their national defense, public security and counter-terrorism capabilities. At the same time, it is necessary to help the countries concerned accelerate development and gradually resolve the deep-seated causes of conflicts. China is willing to continue to work with the international community to make unremitting efforts to eliminate the scourge of war as soon as possible and ensure the happiness and tranquility of the people.

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United Nations, July 16 (Reporter Wang Jiangang) Fu Cong, Chinese Permanent Representative to the United Nations, spoke at the Security Council’s open debate on international order and multilateral cooperation on the 16th, calling on the international community to promote the construction of a more just and reasonable international order, safeguard sovereign equality, and Let every country find its place in the multipolar system, play its due role, and jointly promote an equal and orderly world multipolarization.

Fu Cong said that countries should respect each other, take into account each other’s core interests and major concerns, respect the development paths and institutional models independently chosen by the people of all countries, and not interfere in other countries ‘internal affairs; create common security, be based on the objective law that security is indivisible, and adhere to Resolve disputes through dialogue, resolve differences through consultation, and build a more balanced, effective and sustainable security architecture; Promote common development, promote inclusive economic globalization, accelerate the implementation of the 2030 Agenda for Sustainable Development, and strive to achieve the goal of leaving no country or anyone behind.

Fu Cong called on all countries to uphold fairness and justice, safeguard the authority of the United Nations and international law, advocate a global governance concept of extensive consultation, joint contribution and shared benefits, enhance the representation and voice of developing countries; demonstrate openness and inclusiveness, promote equal dialogue, exchanges and mutual learning among different civilizations, promote mutual understanding among people of all countries, and promote common values for all mankind.

Fu Cong pointed out that the real intention of some countries in the so-called rules-based international order is to create an alternative system outside the existing international legal system and seek legitimacy for double standards and exceptionalism. There is only one order in the world, that is, an international order based on international law. There is only one set of rules, that is, the basic norms of international relations based on the purposes and principles of the United Nations Charter.

Fu Cong said that NATO, as a well-known regional military group left over from the Cold War, seeks to expand its sphere of influence, is keen to create false narratives, add fuel everywhere, incite camp confrontation, and even blame and blame domain name foreigners on the Ukraine issue. This runs counter to the international community’s efforts to promote peace and talks. History has fully proved that wherever NATO’s black hands extend, turmoil and chaos appear. China advises NATO and some countries to reflect on themselves and stop being troublemakers who harm others and undermine common security.

Fu Cong said that common development and common security complement each other and are the foundation of a good international order, in which development is the overall key to solving all problems. Some countries generalize the concept of national security, build small courtyards and high walls, impose indiscriminate unilateral sanctions, and disrupt the global production and supply chain, which will ultimately lead to a situation of double lose and multiple lose. The international community must resolutely resist this erroneous practice.

Fu Cong said that Chinese leaders followed the trend of the times and proposed the Five Principles of Peaceful Coexistence, which fully reflected the spirit of the Charter and created the basic norms of international relations that countries, big or small, strong or weak, regardless of East and West, should respect each other and treat each other as equals., also provides an important ideological foundation for promoting the development of the international order in a more just and reasonable direction. Chinese leaders ‘proposal to build a community with a shared future for mankind is an inheritance and promotion of the purposes and principles of the United Nations Charter and the Five Principles of Peaceful Coexistence under the new situation.