Argentines will have to get used to the volatility of the money exchange rate, advised Central Bank president Federico Sturzenegger on Wednesday when the US dollar (a sacred reference for Argentines) reached a new historic high above the 20 Pesos. (Actually 20,69 for retail sales and 20,69 for wholesale operations at the end of trading).
A brief release from the Argentine foreign ministry indicates that on March first, on petition from the International Court of Justice, Argentina presented its Consultive Opinion on the juridical consequences of splitting the Chagos archipelago from the Mauritius Islands which took place in 1965.
The Argentine government reported on Wednesday that is had concluded the relatives notification round of the recently identified combatants buried at the Darwin cemetery in the Falkland Islands, and which apparently total 89, one more than originally announced.
Argentina’s state-owned oil company YPF SA expects shale oil and gas production to grow 35% in 2018, as costs in the Vaca Muerta shale play continue to fall, Chief Financial Officer Daniel Gonzalez said. Still, declining production in mature fields means overall hydrocarbon output will fall 2 to 3% in 2018 after a 5.3% reduction in 2017, Chairman Miguel Gutierrez said.
Argentine seafood exports grew by almost 7% in volume and around 16% in dollar value during 2017, according to the final figures published by the Under-secretariat of Fisheries in its latest Report. Data from the Economics Department, based on information from INDEC shows that fisheries exports totaled US$ 1,978bn, a 16.4% higher compared to 2016, while the volume was up 6.9% to 475,591 tons.
The argument of the legacy from the Kirchner years no longer stands, since normally on the third year of an elected government public opinion becomes more demanding, explained Argentine political analyst Rosendo Fraga commenting on the latest events in Argentina and the administration of president Mauricio Macri.
Argentina’s state-owned oil company YPF SA posted a full-year 2017 profit of 12.7 billion pesos (US$ 627.16 million), the company said, rebounding from a 28.4 billion-peso loss in 2016.
The police of Argentina's second city, Rosario seized four cardboard “coffins” one of them with the name of president Mauricio Macri, before a football match of the Argentine premier league, involving one of the city's leading teams Rosario Central.
An Argentine judge on Friday said that ex-president Cristina Fernandez de Kirchner must face trial over alleged corruption related to the awarding of public contracts in her southern political stronghold of Patagonia.
An Argentine charter is scheduled to land in the Falkland Islands this Sunday carrying the plaques (tombstones) with the names of the 88 now identified Argentine soldiers buried in the Darwin cemetery following a DNA forensic identification process during last year, led by the International Red Cross.