Argentina's July inflation for the private financial consultants climbed 1.92% and in the last twelve months reached 27.15%, according to the report released in Congress by opposition lawmakers. The so called 'congress index' is an average of the different private consultants which is released monthly by lawmakers to avoid fines and reprisals from government.
Palestine Liberation Organization (PLO) chief Saeb Erekat praised Argentine President Cristina Fernandez for her support and recognition of the Palestinian state as he paid tribute to the backing of the region’s leaders.
Over 20.000 people are estimated to have been evacuated or suffering flooding because of continued rains in Buenos Aires province where a wind alert for the River Plate area and coastal zones is hampering draining possibilities, a situation which started last week and is expected to last until Sunday.
Maria Delfina Rossi, the daughter of Argentina's Defense Minister Agustin Rossi, has been appointed to head the Banco Nacion following a resolution signed by President Cristina Fernandez.
New York district judge Thomas Griesa has said he will consider all Argentine government assets in the United States, except for diplomatic and military ones, as commercial assets which hedge fund NML Capital could try to seize.
Daniel Filmus, head of the Malvinas Affairs Desk in the Argentine ministry of foreign affairs can expect to become a member of Mercosur Parliament, or Parlasur, in the coming October general election, following on a repeat of the Argentine primaries' results of last Sunday.
Argentina on Monday won a battle in its ongoing struggle with hedge funds holding sovereign bonds. In this case Argentina managed the reversal of a U.S. judge's ruling that a group of bondholders suing over its defaulted debt said entitled them to $700 million.
Argentina confirmed it will be using Central Bank foreign-currency reserves to service more than US$3.5 billion dollars in international debt that matures in October. The confirmation came through an announcement in the Official Gazette, signed by President Cristina Fernández, Cabinet Chief Anibal Fernández and Economy Minister Axel Kicillof.
The Cristina Fernandez administration candidate Daniel Scioli, as anticipated, was the presidential hopeful with most votes in Argentina Sunday's open, simultaneous and mandatory primaries, (PASO), in which the different parties chose those who will lead them into the 25 October election to elect the head of the Executive, half the Lower House and a third of the Senate.
Pope Francis criticized the destruction of forests in order to plant soy in an interview with an Argentine radio station on Saturday, reinforcing his message that the environment should take precedence over financial gain.