The US dollar kept climbing in Argentina and ended trading on Tuesday above the 15 Pesos threshold after having advanced 30 cents on Monday and 54 cents today. Sunday's electoral result in the City of Buenos Aires where the pro-business PRO party just managed to scrape by with victory, has triggered growing nervousness and speculation among savers and traders.
The Falkland Islands government reacted strongly to statements by the Argentine official in charge of Malvinas affairs who claimed that the theft of squid and other valuable fish stocks in the South Atlantic, was the reason behind the success of the Islands' economy, according to a report from the Express.co.uk.
Cristina Fernandez son, Maximo Kirchner, lawmaker candidate for the Victory Front took time on Monday to comment on presidential hopeful Mauricio Macri’s Sunday speech, after his candidate Horacio Rodriguez Larreta won in the Buenos Aires City’s runoff by a much closer margin than expected.
Argentina's conservative PRO party won the Buenos Aires City mayoral runoff on Sunday, clinging to its stronghold for a third consecutive term ahead of presidential elections in October, but by a smaller-than-expected margin. Horacio Rodríguez Larreta won 51.6% of ballots cast while his opponent Martin Lousteau picked up 48.4%. Public opinion polls anticipated a ten points difference.
In what can be considered her last speech before a Mercosur summit, Argentine president Cristina Fernandez, who is stepping down next December, hailed what she called the “magnitude of the importance of integration” in South America with the inclusion of both Venezuela and Bolivia showing the “success and the resounding failure for those who forecasted for years that the Mercosur was going to fail.”
The incumbent candidate for government chief of Buenos Aires City, Horacio Rodriguez Larreta, was at least fifteen points ahead of his challenger in Sunday's runoff, according to the latest public opinion polls before the 48 hours ban on all campaigning.
If they say I committed suicide, look for the murderer. It's not my style, investigate, said ironically Argentine judge Claudio Bonadio when he was asked how he felt after having been removed from the case looking into alleged money laundering and tax elusion in one of Cristina Fernandez de Kirchner family businesses in the hotel industry, Hotesur.
World Jewish Congress (WJC) CEO Robert Singer criticized on Friday a lack of progress in the investigation of the 1994 AMIA bombing, during the twenty first commemorations of the attack on the local Jewish community headquarters in downtown Buenos Aires.
UK ambassador in Buenos Aires John Freeman met with Chubut province governor Martin Buzzi in Rawson to work out the agenda of activities scheduled for the end of the month when Wales First Minister Carwyn Jones is expected to arrive for the 150th anniversary celebration of Welsh immigration to Argentina, reports the local media, Diario Jornada.
The International Monetary Fund (IMF) slightly improved its outlook on Argentina’s economy saying the country will grow 0.1% in 2015 and will remain stagnant in 2016. Nevertheless, IMF warned the country is going through a “very delicate” situation and insisted that the improved outlook doesn’t change its views regarding Argentina.