this post was submitted on 31 Dec 2023
149 points (96.3% liked)

World News

32315 readers
784 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
all 21 comments
sorted by: hot top controversial new old
[–] calzone_gigante@lemmy.eco.br 36 points 10 months ago (1 children)

Guess the ghost dog wants the country to starve. I hope he doesn't get what he wants.

[–] filoria@lemmy.ml 17 points 10 months ago (2 children)

Good riddance. Can't take a country keen on dollarization into an organization who's primary goal is dedollarization.

[–] elbarto777@lemmy.world 14 points 10 months ago (1 children)

Why doesn't south America agree on a single currency like the Euro?

The Peso. The Sol. The Amero.

[–] autotldr@lemmings.world 5 points 10 months ago

This is the best summary I could come up with:


BUENOS AIRES (AP) — Argentina formally announced Friday that it won’t join the BRICS bloc of developing economies, the latest in a dramatic shift in foreign and economic policy by Argentina’s new far-right populist President Javier Milei.

Milei’s predecessor, former center-left president Alberto Fernandez, endorsed joining the alliance as an opportunity to reach new markets.

But economic turmoil left many in Argentina eager for change, ushering chainsaw-wielding political outsider Milei into the presidency.

In foreign policy, he has proclaimed full alignment with the “free nations of the West,” especially the United States and Israel.

Throughout the campaign for the presidency, Milei also disparaged countries ruled “by communism” and announced that he would not maintain diplomatic relations with them despite growing Chinese investment in South America.

However, in the letter addressed to his counterpart Luiz Inácio Lula Da Silva in neighboring Brazil and the rest of the leaders of full BRICS members — Xi Jinping of China, Narenda Mondi of India, Vladimir Putin of Russia and Matamela Ramaphosa of South Africa — Milei proposed to “intensify bilateral ties” and increase “trade and investment flows.”


The original article contains 376 words, the summary contains 183 words. Saved 51%. I'm a bot and I'm open source!

[–] PanArab@lemmy.ml 1 points 10 months ago* (last edited 10 months ago)

Maybe in the next round we can get Algeria or Morocco instead. Either way, Argentina was the weakest link and I'm glad they left on their own.