Argentina's economy weakened slightly in September as high inflation and declining purchasing power curbed sales and industrial production. A proxy for economic growth published by the government fell 0.2% on the year, the national statistics agency Indec reported Friday.
The UK has objected to Argentine congress decision that public transportation should carry signs expressing the country's claim over the Falkland Islands. A law passed by the Argentine Congress says vehicles must declare Las Malvinas son Argentinas, or the Malvinas are Argentine.
Sandra, a 20-year Sumatran orangutan must remain at the Buenos Aires zoo following the rejection of an habeas corpus request presented by a group in defense of animal rights. The magistrate ruled that the 'non human person' presentation was not applicable to Sandra as pretended by AFADA, Association of Staff and Lawyers for Animals' rights.
Argentine President Cristina Fernandez left Thursday evening for El Calafate, Santa Cruz province, to spend the long weekend with her family, presidential spokesman Alfredo Scoccimarro reported.
All Argentine public transport must include the logo “Malvinas are Argentine”, according to the latest bill approved by the Lower House in Congress, following on an initiative from Senator Teresta Luna from the ruling coalition of President Cristina Fernandez. Victory Front.
The Argentine Central Bank received this week the second part of a multi-billion dollar currency swap with China’s Central Bank, worth the equivalent of 508 million dollars. The swap allowed Argentina to bolster its foreign reserves, which rose 506 million and closed at 28.785 billion dollars.
Despite the ten days of convalescence ordered by her doctors, Argentine President Cristina Fernández continued with an official schedule in Olivos and met on Tuesday with key members of her cabinet.
The official communiqué of the G20 summit released at the end of the bloc’s meeting in Brisbane, Australia, included a paragraph on sovereign debt restructuring process, as requested by Argentina. Economy Minister Axel Kicillof and Foreign Minister Héctor Timerman celebrated it and described it as ‘historic’.
Demands against Argentina by so-called “me-too” bondholders, who are asking to be paid in the same conditions as Elliot and Aurelius Managment holdouts, are starting to pile up as holders of Argentine bonds issued under German law who didn’t take part of the country’s debt swap filed a new complaint at a United States court to demand full payment.
This week the government will be announcing the date President Cristina Fernandez will resume her official duties, Cabinet Chief Jorge Capitanich said. The head of state had to be hospitalized for a week due to a sigmoiditis condition (an inflammation caused by an infection of the colon), currently remaining at the Olivos presidential residency.