Argentina

Argentina
Friday, September 23rd 2016 - 10:55 UTC

An Argentine family to remain above the poverty line needs US$ 820 a month

This is the first time Indec publishes basket estimates since 2013, when ex president Cristina Fernandez ordered no further releases of poverty and indigence estimates.

An Argentine average household made up of a couple with two children 6 and 8 years old needs 12.489 Pesos (approx US$ 820) to remain above the poverty line according to the stats office, Indec estimate for the month of August. The same household will have to pay 5.176 Pesos (approx US$ 340) for the Basic food basket, not to drop to indigence.

Friday, September 23rd 2016 - 09:32 UTC

Argentina's economy further contracts in 2Q; government insists recovery is round the corner

The Argentine economy is showing the first signs of exiting recession, Macri said at a business forum for international investors last week.

Argentina’s recession deepened in the second quarter as President Mauricio Macri’s efforts to implement free-market reform exacerbated an already flagging economy. GDP fell 3.4% from the same period a year earlier, the largest year-on-year contraction in almost two years, the refurbished statistics agency said in a report published on Thursday.

Thursday, September 22nd 2016 - 10:46 UTC

Aerolineas Argentinas could become profitable in four years time

Aerolineas have cut non operational costs and increased revenue in the last nine months, but losses this year could reach a billion dollars

Aerolineas Argentinas CEO revealed that the flag-carrier is increasing passenger numbers and could become profitable in four years but losses keep piling, an estimated one billion dollars this year, which comes upon a one to two million dollars daily losses during most of the decade.

Thursday, September 22nd 2016 - 10:24 UTC

Latin American Jewish congress express ''enthusiastic support” for president Macri

“We expressed our most enthusiastic support for president Macri and his administration” said Adrian Werthein, Latin-American Jewish Congress chief

The Latin-American Jewish Congress expressed its most “enthusiast support” to Argentine president Mauricio Macri and his administration but also pointed out that in his Tuesday speech before the UN General Assembly there was no specific request for Iran to collaborate with the investigation of the 1994 terrorist attack against AMIA in Buenos Aires.

Thursday, September 22nd 2016 - 07:15 UTC

Macri downplays chat with May, “it was no formal meeting”, just “a nice gesture from the prime minister”

“You can't convert a chat of less than a minute in an official encounter”, Macri told the Argentine media and insisted it was “essential to lower the level of anxiety”

Argentine president Mauricio Macri on Wednesday downplayed the chat with PM Theresa May on Tuesday at the UN banquet in New York saying it was “no formal or official meeting”, but nevertheless underlined the “good predisposition” for dialogue which Argentina had lost during the last twelve years and anticipated that the Falklands/Malvinas Islands question “will demand many years”.

Thursday, September 22nd 2016 - 06:51 UTC

Argentina “is not surrendering Malvinas”; Macri/May greeting was “a brief casual encounter”

Foreign minister Malcorra said that Argentina is “not surrendering the Malvinas Islands”

Foreign minister Susana Malcorra said that Argentina is “not surrendering the Malvinas Islands” and explained that Tuesday's exchange between president Mauricio Macri and Prime minister Theresa May in New York, in the framework of the UN annual assembly was “a brief casual encounter”.

Thursday, September 22nd 2016 - 06:27 UTC

Argentine congress will be part of the Argentina/UK joint statement discussions

“I support Macrí's UN speech on Malvinas and also have a great respect for minister Malcorra, but officials must also learn to respect Congress”, said Carrió

The chair of Argentina's Lower House Foreign Affairs Committee Elisa Carrió has supported president Mauricio Macri's “nonnegotiable” stance on the Falklands/Malvinas sovereignty dispute and attributed the Argentina/UK joint statement controversy to “minor questions of communication”, nevertheless she summoned deputy foreign minister Carlos Foradori to Congress next Wednesday.

Wednesday, September 21st 2016 - 09:09 UTC

Malcorra underlines the significance of a Macri-May “dialogue” but denies any roadmap

The bilateral agenda is ample and includes Falklands/Malvinas sovereignty, “which for us is a priority”, said foreign minister Susana Malcorra

Argentine President Mauricio Macri talked with British Prime Minister about the possibility of holding a more specific meeting to advance in the multiple issues of a bilateral agenda, including the question of the Falklands/Malvinas Islands sovereignty, “which for us is a priority”, said foreign minister Susana Malcorra late Tuesday.

Wednesday, September 21st 2016 - 08:50 UTC

Falklands: Macri and Theresa May agree “it's time to begin talking”

The two leaders held a brief informal exchange during the Ban Ki-moon hosted lunch in New York

Argentine president Mauricio Macri told British Prime Minister Theresa May he was ready to begin an open dialogue on the Falklands/Malvinas sovereignty, which he described as “the main issue” of bilateral relations. According to Argentine media reports, Theresa May said that yes, “it was time to begin talking”.

Wednesday, September 21st 2016 - 08:27 UTC

Macri calls for sovereignty dialogue on Falklands in his speech to UN General Assembly

Macri called on London to “solve the two-century dispute in a friendly manner”, and expressed interest in moving forward in bilateral relations mutually beneficial

In his first speech as head of state before the United Nations General Assembly, Argentine President Mauricio Macri called on the United Kingdom to find “an amicable solution” through dialogue to the long-standing dispute over the Falklands/Malvinas Islands sovereignty..

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement