Spanish Foreign Secretary Jose Manuel Garcia Margallo has delivered what could possibly be his last comment on Spain’s claim to Gibraltar’s sovereignty in his current role. The official has jumped on the bandwagon of a new Argentine platform seeking international support for the return of the Falkland Islands and urging UK to agree to bilateral talks over Gibraltar’s sovereignty.
Argentina's new finance minister said on Wednesday it was imperative to resolve the country's legal dispute with U.S. creditors over unpaid debt because financing of the country's fiscal deficit this year may depend on progress on the issue.
Argentina Finance Minister Alfonso Prat Gay revealed on Wednesday that the fiscal deficit registered in 2015 was of 5.8% of GDP and 7.1% of GDP is all debts are computed, and complained that “there has been wasteful spending and when there is an expense it’s not well done.”
Fifteen days of a major embarrassment for the government of Argentine president Mauricio Macri came to an end on Monday after police commandos recaptured two of the country's most notorious convicts in a rice mill plant, ending a 15-day manhunt through backwater towns and two provinces.
Foreign Minister Susana Malcorra said that the meeting between President Mauricio Macri and his Uruguayan counterpart Tabare Vazquez last Thursday symbolized a “return to normality” for bilateral relations between the two neighbours.
A challenging financial week takes off for Argentina's new administration of president Mauricio Macri: on the one hand Argentine farmers have to keep their part of the deal by providing the central bank with 400 million dollars a week, and on the other the long-awaited debt talks are expected to resume in New York next Wednesday with United States hedge funds suing Argentina over defaulted sovereign bonds.
The World Bank lowered its forecast for Argentine growth for the next two years, noting it expected the economy to see a large rebound in 2018 thanks to the monetary and fiscal policies implemented by President Mauricio Macri’s administration.
Uruguayan President Tabare Vazquez and Argentine counterpart Mauricio Macri agreed on Thursday that their countries will present a joint bid to host the World Cup in 2030, a century after Uruguay was the site of the first tournament.
Uruguay and Argentina presidents Tabare Vazquez and Mauricio Macri made on Thursday several announcements referred to bilateral issues indicating relations between the two neighboring countries have effectively improved following years of tension and misunderstandings with the governments of Nestor Kirchner and Cristina Fernandez.
The United Kingdom has reiterated that the sovereignty of Gibraltar is not a matter for discussion or negotiation with Spain. This follows a call by the Spanish Foreign Ministry for a resumption of bilateral dialogue with the UK over Gibraltar.