World
Argentina’s poverty level rises to 57.4%, marking 20-year high
Argentina’s poverty level rose to 57.4% last month, reaching the highest percentage in at least 20 years, according to a report by the Catholic University of Argentina.
A local media company wrote about the report, according to Reuters, which said newly elected President Javier Milei’s devaluation of the peso, executed shortly after his inauguration in December, caused poverty levels to worsen.
In fact, the poverty level at the end of the year was 49.5%.
The devaluation of the peso also caused prices of nearly everything to rise.
IN ARGENTINA, SOUP KITCHEN SEES RISE IN HUNGRY FAMILIES AS INFLATION INCREASES
A sign outside a store reads in Spanish “We accept Dollars” in Buenos Aires, Argentina, December 12, 2023. (REUTERS/Tomas Cuesta/File Photo)
“The true inheritance of the caste model: Six out of every 10 Argentines are poor,” the libertarian president said in a social media post on Saturday. “The destruction of the last hundred years is unparalleled in Western history.
“Politicians have to understand that the people voted for change and that we are going to give our lives to bring it forward,” Milei added. “We did not come to play the mediocre game of politics. We came to change the country.”
Since taking office on Dec. 10, Milei has made good on many campaign promises to fundamentally overhaul the historically socialist federal government of Argentina.
ARGENTINA’S PRESIDENT MILEI HOLDS LIVESTREAM RAFFLE FOR HIS LAST SALARY AS LAWMAKER
President of Argentina Javier Milei gives a speech after his Inauguration Ceremony at National Congress on December 10, 2023, in Buenos Aires, Argentina. (Marcelo Endelli/Getty Images)
But Milei’s drastic overhaul of the country’s economy is not expected to be a smooth operation. The president himself has characterized it as financial “shock therapy” that will negatively affect thousands of citizens.
Milei signed a decree in December, outlining his plan to address the crisis. The plans included the privatization of state-owned companies, though he did not name the specific firms, Reuters reported. He previously said he favors the privatization of state-owned oil company YPF.
Argentina has South America’s second-largest economy, but is suffering 143% annual inflation, which has caused the country’s currency to plummet.
ARGENTINA’S MILEI CUTS 5,000 GOVERNMENT JOBS, WILL NOT RENEW CONTRACTS
A supporter holds a giant dollar bill with the face President elect Javier Milei as people start gathering outside National Congress ahead of his inauguration ceremony on Dec. 10, 2023 in Buenos Aires, Argentina. (Marcelo Endelli/Getty Images)
The country also has a trade deficit of $43 billion as well as $45 billion in debt to the International Monetary Fund, with $10.6 billion due to private and multilateral creditors by April.
On Friday, the country’s economy ministry reported a January budget surplus of 518.41 billion pesos, or $620.85 million. The announcement marked the first time the number has been in the green since August 2012.
Reuters reported that it was not immediately able to see a copy of the report.
Fox News Digital’s Timothy H.J. Nerozzi and Reuters contributed to this report.
World
Iran War Live Updates: U.S. to Blockade Ships From Iranian Ports
The blockade on ships “entering or departing Iranian ports and coastal areas” will begin on Monday, U.S. Central Command said. But U.S. forces will not impede vessels transiting the Strait of Hormuz, a step back from President Trump’s earlier vow.
World
Iran in crisis as US talks collapse, Mojtaba’s ‘mafia’ regime blocks Khamenei burial: analyst
US ships move to clear mines in the Strait of Hormuz
Ret. U.S. Army Lt. Col. Darin Gaub discusses President Donald Trump’s announcing U.S. ships are preparing to remove mines from the Strait of Hormuz. Fox News correspondent Alex Hogan reports on ‘Fox Report.’
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A prolonged delay in the burial of Iran’s supreme leader, Ayatollah Ali Khamenei, signals a deepening crisis inside the Islamic Republic, according to a prominent Iranian strategist.
Dr. Ramesh Sepehrrad’s remarks came as peace talks between the United States and Iran stalled and internal tensions raised questions about the regime’s stability.
Fortieth-day mourning ceremonies for Khamenei began in Iran on April 9, with authorities withholding information about his burial more than 40 days after his killing. A three-day state funeral scheduled for early March 2026 had already been postponed.
IRAN’S CEASEFIRE PUSH MAY BE A ‘CYCLE OF DECEPTION,’ ANALYSTS WARN AS SHADOWY FIGURE GAINS POWER
Mojtaba Khamenei, the new supreme leader of Iran and second son of the late Ayatollah Ali Khamenei, attends a meeting in Tehran, Iran, on Oct. 13, 2024. (Hamed Jafarnejad/ISNA/WANA/Reuters)
“Forty-four days have passed, and the regime does not have the confidence to publicly bury Mojtaba’s dead father,” Sepehrrad of the Organization of Iranian American Communities (OIAC) told Fox News Digital.
“That is an indicator of the fear within this regime from top to bottom,” Sepehrrad added, before describing how, usually, “a religious regime believes that their dead must be buried in 24 hours.”
Khamenei was killed Feb. 28 in a strike targeting a regime compound in central Tehran, with a separate strike affecting his son, Mojtaba Khamenei, 56, who succeeded him.
Mojtaba is said to be still recovering from severe facial and leg injuries, three people close to his inner circle told Reuters on April 11.
Khamenei’s face was disfigured in the attack on the supreme leader’s compound in central Tehran, and he suffered a significant injury to one or both legs, three sources told the outlet.
“The 56-year-old is nonetheless recovering from his wounds and remains mentally sharp, according to the people, who requested anonymity to discuss sensitive matters.”
IRAN MODERATES PUSHING TRUMP DEAL RISK BEING ‘ELIMINATED’ AS REGIME FRACTURES DEEPEN
Iranian President Masoud Pezeshkian, Gholam-Hossein Mohseni-Eje’i, the head of the judiciary and Alireza Arafi, deputy chairman of the Assembly of Experts, attend the meeting of the interim leadership council of Iran in an unknown location, amid the U.S.-Israel conflict with Iran, in Iran, March 1, 2026. (IRIB/WANA/Handout/Reuters)
He is taking part in meetings with senior officials via audio conferencing and is engaged in decision-making on major issues, including the war and negotiations with Washington, two of the sources say, according to reports.
The report came as Iran navigated diplomatic efforts with the U.S. in Islamabad aimed at easing tensions amid a two-week ceasefire, which ultimately failed to produce a breakthrough.
“Mojtaba input in the broad red lines of negotiations, even if he is not the public face,” Sepehrrad claimed. “At the end of the day, for more than 10 years, he served as his father’s right-hand man and as a conduit to the IRGC.”
“Mojtaba may be less rhetorical, less publicly ideological, and more operational because his primary focus is survival of the regime.”
Iran also confirmed Sunday it had no plans for further peace talks after the marathon summit, where Pakistan mediated.
“No plan has yet been announced for the time, place, or next round of negotiations,” Iranian state news agency Nour reported Saturday, citing the country’s Supreme National Security Council, with no statement from the new Supreme Leader.
IRAN’S SUPREME LEADER MOJTABA KHAMENEI ‘MISFUNCTIONING,’ NOT CONTROLLING REGIME: SOURCES
A mourner holds a portrait of Iran’s slain supreme leader Ayatollah Ali Khamenei (top-L) on March 5, 2026, during a funeral procession for members of Iraq’s pro-Iran paramilitary group Hezbollah Brigades (Kataeb Hezbollah) who were killed in a strike in Baghdad the previous day. The Tehran-backed Iraqi group Kataeb Hezbollah said on March 5 that one of its commanders was killed in a strike in southern Iraq the previous day. (Ahmed Al-Rubaye/AFP)
“Mojtaba is less the supreme leader in the traditional sense and more the coordinator of a security-led system,” Sepehrrad explained before describing him as “more like a security-backed coordinator.”
“This regime does not communicate with one unified voice. It communicates by function,” Sepehrrad said.
“One channel negotiates, another threatens, another punishes, and another tries to maintain ideological continuity. It is now a mafia,” the strategist claimed.
“The key point is not harmony but division of labor. What holds them together is regime survival, not trust.”
“What we are seeing now is deeper: a leader who lacks organic authority and therefore governs through the institution that controls force,” Sepehrrad said.
On the Iranian side, negotiations, the analyst said, also did involve “diplomats,” but a wider circle of security-linked figures shaping Tehran’s posture, reflecting the increasing dominance of hardline institutions.
US-SANCTIONED MOJTABA KHAMENEI NAMED IRAN’S NEXT SUPREME LEADER AFTER FATHER’S DEATH: REPORTS
Iran’s Parliament Speaker Mohammad Bagher Qalibaf and Foreign Minister Abbas Araghchi were greeted by Pakistan Foreign Minister Ishaq Dar and Army Chief Field Marshal Gen. Asim Munir upon their arrival at Nur Khan airbase in Rawalpindi, Pakistan, on April 11, 2026. (Pakistan Ministry of Foreign Affairs/AP)
“This was a brittle coalition of security men,” Sepehrrad said, before describing how Mojtaba is “at the top, but is heavily reliant on the Guards, Parliament Speaker Mohammad Bagher Ghalibaf, SNSC chief Mohammad Bagher Zolghadr, IRGC commander Ahmad Vahidi, Judiciary chief Mohseni-Ejei, and law enforcement chief Ahmad-Reza Radan.”
“Several of the most important surviving figures are not primarily diplomats,” Sepehrrad said before suggesting that that should “change how we should read everything coming out of Tehran.”
“That is a different system from the one many Western analysts still think they are dealing with,” Sepehrrad explained. “Dual track — tactical flexibility in talks and a harsher repression at home.”
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“While the regime negotiates to buy time, reduce pressure on its forces, and prevent broader external escalation, internally, it is likely to intensify arrests, executions, intimidation, and internet controls now,” the strategist warned.
“The regime fears internal unrest more than diplomacy,” Sepehrrad said.
World
Abuse allegations against lead Democrat shake race for California governor
Media reports detailing sexual assault allegations against US Representative Eric Swalwell prompt resignation calls.
Published On 12 Apr 2026
Reports detailing sexual assault allegations against US Congressman Eric Swalwell have shaken the California state gubernatorial race, where polls have shown him leading a crowded field of Democratic candidates seeking to replace Governor Gavin Newsom.
A number of influential Democratic Party lawmakers called on Swalwell to drop out of the race and resign from the United States Congress during TV interviews on Sunday, days after reports from CNN and the San Francisco Chronicle detailed alleged accounts of sexual assault from a former staffer and misconduct allegations from several other women.
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“What he did is sick and disgusting,” Congressman Ro Khanna told the news programme Fox News Sunday, calling for investigations into the allegations by law enforcement and the US House of Representatives.
Swalwell has denied the allegations as “absolutely false” and has not given any indication that he plans to exit the race for the governorship of the country’s most populous state. A March poll from Emerson College had shown Swalwell ahead of Democratic and Republican challengers by several points.
But the reports have shaken his campaign, with powerful figures and organisations revoking their endorsements and calling for him to drop out over the weekend. The Manhattan district attorney’s office confirmed on Saturday that it was investigating the allegations.
Republican US Representative Anna Paulina Luna has said she will submit a motion to begin the process of expelling Swalwell, a move some Democrats in Congress have said they could support.
“This is not a partisan issue,” Representative Pramila Jayapal said Sunday. “This cuts across party lines. And it is the depravity of the way that women have been treated.”
Democrats have also called for the expulsion of Representative Tony Gonzales, a Republican from Texas who is also facing sexual misconduct allegations.
Khanna and Republican Representative Byron Donalds have said that they could support a bid to eject both Gonzales and Swalwell from Congress.
“As far as I’m concerned, both gentlemen need to go home,” Donalds said.
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