The Argentine Government has formalised the withdrawal of the reward offered to anyone who could find or provide meaningful information about the whereabouts of the submarine ARA San Juan, which went missing in the Atlantic Ocean on November 15, 2017.
A Spanish fishing trawler sank in rough weather off Argentina’s coast and at least one crewmember died, Argentina's Navy said Wednesday. Twenty-five crewmembers were rescued and one was missing.
President Mauricio Macri, First Lady Juliana Awada and members of his cabinet attended on Monday, 9 July, the Argentine Independence Day celebrations in the Tucuman Historic House, where 202 years ago the emerging nation cut all ties as a Spanish colony.
President Mauricio Macri and his cabinet will be celebrating Argentina's Independence Day, Monday 9 July at the Historic House in the northern province of Tucuman, where the declaration was first announced 202 years ago. Contrary to other years there will be no military parade in Tucuman or Buenos Aires, allegedly as a consequence of the strict austerity measures imposed by the Macri administration.
On a residential street corner in Buenos Aires, Van Koning Market sells imported beers to the city’s well-heeled. Since it opened in June last year costs have soared. The peso has plummeted, meaning wholesale prices have shot up. Inflation is running at 26%; the reduction of government subsidies means the monthly electricity bill has risen from 700 pesos to 4,000 pesos (US$ 142).
Argentina's Human Rights Secretary confirmed on Thursday that another combatant, killed during the Falklands conflict and buried at the Argentine military cemetery in Darwin has been identified. This brings the total to 93. The 19 year old conscript, Andres Folch was born in the northern province of Tucuman but lived in the San Marin county of Buenos Aires province.
In an unexpected move, Argentina’s Minister of Transportation Guillermo Dietrich announced that national administration will no longer set minimum prices for domestic airfares, starting on August 15.
Argentina will need to raise a net US$ 8 billion in the domestic debt market in 2019 to meet financing needs that include a US$ 7.4 billion primary deficit and US$ 25 billion in debt principal and interest payments, according to a Treasury Ministry document.
Shrimp (Pleoticus muelleri) landings in Argentina accumulated during the first half of this year are somewhat lower than those for the same period last year. According to the preliminary figures, up to 21 June, released by the Argentine Under-Secretariat of Fisheries, 68,081 tons had been unloaded, compared to about 87,400 tons landed between January and June 2017, which was a record year.
Argentina's central bank said on Monday that it hiked bank reserve requirements by 3 percentage points, following a hike of three percentage points on June 18 as monetary policymakers seek to calm inflation and end a run on the peso currency. The Peso gained 1.9% on Monday against the dollar.