Right-wing president Javier Milei has withdrawn Argentina ’s delegation from the Cop29 UN climate summit in Baku, Azerbaijan. The decision, confirmed by delegate officials, means the South American country will not participate any further in the UN climate negotiations that are expected to conclude with a treaty next week.

Argentine delegates at the COP29 United Nations climate summit in Baku, Azerbaijan, have been ordered to withdraw from negotiations and return home, according to a source at the country’s foreign ministry.

Argentina’s inflation has slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei.

BUENOS AIRES (Reuters) -Argentine inflation has dipped to 193%, landing below the 200% threshold for the first time in close to a year, data from statistics agency INDEC showed on Tuesday, as President Javier Milei's dramatic austerity agenda bears fruit.