Ex president Cristina Fernandez properties searched as part of a alleged financial fraud wider investigation
The properties of former Argentina president Cristina Fernandez, in the province of Santa Cruz, have been raided by police on Thursday. The search was part of an investigation into the ex president's possible involvement in financial fraud.
Members of the International Committee of the Red Cross (ICRC) currently visiting the Falkland Islands have stated they are quite clear on the wishes of the Argentine families, in relation to the potential future identification of remains of unknown Argentine soldiers in the Argentine memorial at Darwin.
Mercosur is again split over Venezuela because Paraguay, and apparently Brazil, have not been consulted regarding the decision to hand the pro tempore presidency of the block to Venezuela in July, as was agreed in Montevideo by Uruguay and Argentina.
Argentine economy grows 0.5% in first quarter: fishing and transport compensate fall in agriculture and construction
Argentina's economy grew 0.5% in the first quarter the government said on Wednesday, adding that it saw activity leveling out this year before accelerating in 2017. The year-on-year result, published by the newly revamped Indec statistics agency, followed analysts' forecasts for a 1.3% contraction for the January through March period.
Argentina's double-digit inflation has shown signs of easing this month, the central bank said on Tuesday as it cut its 35-day reference rate for the eighth week in a row. As part of its effort to get Latin America's No. 3 economy out of the doldrums while containing consumer prices, the bank sliced 75 basis points off the interest rate to 30.75%.
The Pacific Alliance under the helm of Chile, beginning next July first will reach out for closer links with Mercosur, particularly since Argentina's decision to join the block as an observer. The Argentine decision to join the Pacific Alliance as an observer fully harmonizes with Chile's strategy of making both blocks converge, according to Andres Rebolledo, head of Chile's Directorate of International Economic Relations.
Mercosur presidential summit off, but chair transfer to Venezuela will be done at foreign ministers' level
Mercosur presidential summit next July in Montevideo has been cancelled, but the six-month presidency of the group, currently held by Uruguay will be transferred as scheduled to Venezuela, although some conditions of the event are “pending discussion”, said on Monday foreign ministers Susana Malcorra and host Rodolfo Nin Novoa.
Brazil's recession greater risk than Brexit for Argentina: could chip 1.5 percentage points from GDP
Argentina’s annual rate of inflation was likely to have reached an annualized 42% through May, but should begin to slow in June with a return to growth also on the horizon, Finance Minister Alfonso Prat-Gay said in an address to investors in New York. The minister also said that for Argentina, Brazil's recession had a greater impact than Brexit.
The exit of the United Kingdom from the European Union is of most concern to the administration of Argentine president Mauricio Macri, said foreign minister Susana Malcorra. It is a shock for world institutions, but it's too early to gauge the impact on the Falklands/Malvinas discussions.
Falklands/Malvinas discussions with Argentina 'more complicated' because of 'British nationalism' resurgence
Wikileaks founder Julian Assange anticipated that the exit of the United Kingdom from the European Union will further complicate negotiations with Argentina regarding the Falklands/Malvinas sovereignty dispute because of a resurgence of what he described as British nationalism.