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Change in Spain-Argentina trade levels by end of 2024
5
Spain•Buenos Aires•Argentina•Javier Milei•Spanish•Pedro Sánchez•Begoña Gómez•Madrid•Milei•Vox•Santiago Abascal•Gómez
Resolution / Starting Odds
Increase • 33%
Decrease • 33%
No Change • 34%
Trade data released by the respective governments or international trade bodies
Story
Spain Recalls Ambassador After Argentina's Milei Calls PM's Wife 'Corrupt' at Madrid Rally on May 19
May 20, 2024, 07:00 AM
Spain has recalled its ambassador to Buenos Aires after Argentina's President Javier Milei made derogatory comments about Spanish Prime Minister Pedro Sánchez’s wife, Begoña Gómez, during a far-right rally in Madrid on May 19. Milei, who attended the conservative Vox conference led by Santiago Abascal, called Gómez 'corrupt,' which has sparked a diplomatic row between the two nations. Spain has also summoned Argentina's envoy and demanded a public apology from Milei. The diplomatic tension has intensified, with Argentina stating it has nothing to apologize for. Spanish businesses have also condemned Milei’s comments, emphasizing that such remarks are not in the tone of friendly relations between the two countries.
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Significant decrease in trade volume • 33%
Minor or no impact on trade volume • 33%
Improvement in trade relations • 34%
Increase in foreign investment • 33%
No significant change in foreign investment • 33%
Decrease in foreign investment • 34%
Full diplomatic relations restored • 33%
Continued strained relations without escalation • 33%
Escalation to more severe diplomatic or economic measures • 34%
Increase in trade with Middle Eastern countries • 25%
Decrease in trade with Israel • 25%
No significant change • 25%
Increase in trade with non-Middle Eastern countries • 25%
Improved trade relations • 33%
Unchanged trade relations • 34%
Worsened trade relations • 33%
Significant decrease in trade • 33%
Minor impact on trade • 33%
No change in trade dynamics • 34%
Increase • 33%
Decrease • 33%
No Change • 34%
Diplomatic ties maintained but strained • 33%
Additional diplomatic actions taken • 33%
Diplomatic ties normalized • 34%
Decrease by more than 5% • 25%
Decrease by 0-5% • 25%
Increase by 0-5% • 25%
Increase by more than 5% • 25%