Argentina

Argentina
Thursday, May 12th 2016 - 04:42 UTC

EU and Mercosur exchanged market access offers; beef and ethanol excluded as 'sensitive' products

Negotiators, for EU Trade Commissioner Cecilia Malmström and for Mercosur, Uruguay's foreign minister Rodolfo Nin Novoa, made the exchange in Brussels

Trade Commissioner Cecilia Malmström and the Foreign Affairs Minister of Uruguay Rodolfo Nin Novoa, on Wednesday exchanged EU and Mercosur offers on access to their respective markets of goods, services and establishment and government procurement. However this first exchange excluded 'sensitive' items such as beef and ethanol, according to EU sources. The details of the documents exchanged were not made public.

Thursday, May 12th 2016 - 04:06 UTC

Malcorra/Hammond meet in London: Falklands and confidence building mechanisms in a long agenda

Malcorra is accompanied by Fulvio Pompeo, Secretary for Strategic Affairs from Argentina's presidency, and a very close advisor to president Mauricio Macri.

Argentina's foreign minister Susana Malcorra will be in London this Thursday to attend a global summit on combating corruption, and is expected to meet with her peer Philip Hammond, and probably address the Falklands issue, according to Argentine official sources. Malcorra is accompanied by Fulvio Pompeo, Secretary for Strategic Affairs from Argentina's presidency, and a very close advisor to president Mauricio Macri.

Wednesday, May 11th 2016 - 14:03 UTC

Panama Papers are becoming an additional challenge for President Macri

 Judge Casanello suspects a case of “malicious omission” and broadened the Macri accounts request to Uruguay, Brazil, UK and Ireland

Argentine Federal Judge Sebastian Casanello has sent legal requests to Uruguay, United Kingdom, Ireland, Panama and Brazil, and likewise ordered local financial institutions in the country to provide data on the Macri family accounts as part of an ongoing investigation of the Argentine president overseas assets in so called tax havens, which emerged from the latest release of Panama Papers by the International Consortium of Investigative Journalists.

Wednesday, May 11th 2016 - 09:48 UTC

Argentina prepared to support Malcorra's nomination to UN Secretary General post

On her return Ms Malcorra is scheduled to hold a meeting with president Macri to address the UN candidacy issue which is supported by the Argentine government.

Argentina's foreign minister Susana Malcorra most probably will be sponsored by president Mauricio Macri as a candidate to replace the United Nations Secretary General Ban Ki-moon who is stepping down next November, according to government sources quoted by La Nacion.

Tuesday, May 10th 2016 - 08:55 UTC

Macri strikes deal with business leaders to suspend layoffs but Congress criticizes

Macri has said measures are needed to jump start Argentina's stagnant economy and end economic distortions that have led to years of high inflation.

Argentine President Mauricio Macri has struck a temporary deal with local businessmen and some unions to suspend layoffs for 90 days. Macri's announcement of the deal on Monday comes as job cuts and high inflation rate are worrying many Argentines and Congress is in the process of approving an anti-layoffs bill that doubles severance pay and bans layoffs without cause for 180 days.

Monday, May 9th 2016 - 07:33 UTC

Massive protest in Comodoro Rivadavia against the oil industry weak activity

The city of 200,000 people in the Patagonia region lies in a major oil and gas producing area and is also home to fishing and livestock industries.

More than 50,000 workers blocked the centre of Comodoro Rivadavia, in Argentina's Patagonia main oil-producing region in a protest against layoffs. Striking oil workers were joined by teachers, truck drivers, builders and other sectors in the demonstration.

Monday, May 9th 2016 - 07:14 UTC

Jobs, layoffs and severance payment at the heart of Argentina's public debate

Argentine congress is in the middle of a high pitched debate over a bill which would freeze layoffs for the next 180 days

Unemployment and jobs are in the heart of public debate in Argentina. A public opinion poll released last week revealed that 48.3% of Argentines fear he/she or a relative might lose their jobs in the next six months.

Saturday, May 7th 2016 - 06:20 UTC

Lord Price said UK and Argentina at the start of a new era of bilateral relations

Lord Price had a full two-day agenda in Buenos Aires including government and private contacts. The UK delegation also visited the Buenos Aires Stock Exchange

British Trade and Investment Minister, Lord Price said that Argentina and the UK are at the beginning of a new era in bilateral relations and in an excellent position to turn common interests into concrete business interests. Lord Price together with a mission of UK top business leaders ended on Friday a two-day visit to Argentina, the first in ten years.

Friday, May 6th 2016 - 08:32 UTC

Four million Argentine children live in poverty conditions, according to Unicef

Argentine children poverty environment: most are born to families with four to five children, minimum education parents and who mostly work in the black economy.

Almost four million children in Argentina are poor and 8.5% live in extreme poverty, according to a report from UNICEF which measures multidimensional poverty which considers 28 indicators such as nutrition, access to healthcare, exposure to violence, among other more traditional references.

Friday, May 6th 2016 - 07:54 UTC

British ambassador celebrates 'the renewed and revitalized' UK/Argentina bilateral relationship

Ambassador Freeman welcomed all the guests to the Queen's Birthday Party

On 28 April, the British Ambassador’s Residence in Buenos Aires welcomed more than 400 people to celebrate the 90th birthday of Queen Elizabeth II. The last time that Buenos Aires held a celebration like this was in 2009 and it was an opportunity to praise the resumption of bilateral ties.

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