The dispute between the Argentine government and Repsol over the seizure of a 51% stake in petroleum company YPF has shown some signs of cooling, with the Ministry of Economy announcing on Monday that an agreement in principle for compensating the Spanish corporation had been reached.
The high operational costs in the ports of the region is having a negative impact for the cruise industry and some of the companies have already withdrawn vessels from the South Atlantic routes, warned Mediterranean Shipping Company, MSC and Royal Caribbean during a regional conference on the industry sponsored by Uruguay's Ministry of Tourism.
Argentina expressed support for the agreement reached on Sunday in Genève by the world powers regarding Iran's nuclear program and also revealed it has been holding a round of talks in Teheran to advance with the implementation of the AMIA Memorandum of Understanding.
Argentine Cabinet Chief Jorge Capitanich announced on Friday the government sent a bill to Congress raising taxes on luxury goods such as premium model cars, recreation boats, motorbikes and aircraft, and underlined that ”those who want to buy luxury goods will have to pay more,” he warned.
Argentine Defense Minister Agustín Rossi met his Brazilian counterpart, Celso Amorim and agreed to incorporate all South American countries in their bilateral treaty on cyber-defense. The decision was made after several reports indicated the United States engaged in espionage activities against the countries in the region.
Fiat Argentina CEO Cristiano Rattazzi said that Argentina is on fire because of inflation and called on the newly appointed cabinet chief Jorge Capitanich and Economy minister Axel Kicillof to work hard to bring inflation down.
Argentina's flag carrier Aerolíneas Argentinas CEO Mariano Recalde said that the company's goal, as requested by president Cristina Fernández, was to provide a quality service over profit.
Argentina's newly appointed Cabinet Chief Jorge Capitanich told reporters Thursday morning at the Casa Rosada that the government of President Cristina Fernandez will generate conditions to deepen the model,” which means to boost economic growth and employment opportunities, increase exports and create conditions for private and public investment.”
“God, how much I missed you”, were the first words from Argentine president Cristina Fernandez to her supporters, mostly young, who congregated on Wednesday late evening in the several patios of Casa Rosada to welcome her first live appearance since the 45-day long medical leave.
In an emotional but brief (eleven minutes) ceremony Argentine President Cristina Fernandez, on Wednesday late evening, was back on stage at the Casa Rosada, the first time since she underwent cranium surgery six weeks ago, for the oath-taking ceremony of three new top officials who will be decisive ministers in the last two years of her second mandate.