Despite the austerity policies that have been implemented by the government of President Mauricio Macri, Argentina will see a bigger than expected recession this year, the International Monetary Fund (IMF) said in a new report. The economy is set to decline 1% this year, a drop that is 0.3 percentage points larger than the previous forecast that the IMF had released in October.
Consumer prices rose 6.5% in December in the Argentine province of San Luis, one of the indexes the new leaders of the country's INDEC statistics bureau had said could be used as a proxy for national inflation figures — amounting to a cumulative 31.6% increase in 2015.
The widow of American conservationist Doug Tompkins, who died last month while kayaking in South America's Patagonia region, says she'll build on her husband's legacy of protecting threatened ecosystems in Argentina and Chile.
United Kingdom's leader of the opposition Jeremy Corbyn is in favor of making a power-sharing deal with Argentina over the Falkland Islands, according to an Argentine diplomat. Outgoing Argentine ambassador Alicia Castro says that the Labour leader is “one of ours” and that he told her he supports a British-Argentine power-sharing deal in the vein of Northern Ireland.
Argentine President Mauricio Macri's popularity is at about 65% two months after he narrowly won office and carried out a raft of fiscal and financial measures, including a controlled currency devaluation as part of his plan to revive Latin America's third largest economy, two polls showed.
Even as the number of new cases of dengue fever continued to rise in Argentina, the Health Ministry performed a rapid about-face and disavowed a statement made on Wednesday that the outbreak constituted “an epidemic.”
Mauricio Macri expects to meet with Barack Obama at the end of next March when the Argentine president attends in Washington the summit on Nuclear Security of which Argentina is a member. The event takes place between 31 March and first April, and if the meeting effectively takes place, it would mean the return of the formal dialogue between the two countries, rather frozen under his predecessor Cristina Fernandez.
Argentine foreign minister Susana Malcorra was also very busy while in Davos, holding a raft of meetings including with US Secretary John Kerry, who at the end of talks twitted, great discussion on range of topics w FM @SusanaMalcorra. #Argentina remains important friend & partner in region.
President François Hollande will be visiting Argentina next month, the country’s prime minister, Manuel Valls, confirmed to President Mauricio Macri in Davos, where the two leaders discussed the remaining details of the trip that will include stops in Uruguay, Peru and Argentina.
The first cases of Dengue fever struck Buenos Aires City this week as a spate of outbreaks in Greater Buenos Aires and across Argentina’s northeast were labeled “an epidemic” by Health Minister Jorge Lemus.