An Argentine prosecutor on Tuesday demanded a judicial investigation into alleged financial conflicts of interest by the country's President Mauricio Macri and family. Macri is accused of a conflict of interest in overseeing a deal as president to settle debts incurred by the postal service in a period when it was controlled by his father's business. His government has denied any wrongdoing.
Consumer prices in greater Buenos Aires rose 1.3% in January over the previous month, Argentina's official Indec statistics agency announced, far below market expectations and in line with the central bank's annual target. January's reading was slightly above 1.2% inflation in December.
Argentine president Mauricio Macri and US vice-president Mike Pence spoke last Friday on the phone and agreed that the two countries need to redouble their efforts to enhance job creation and economic growth. The vice-president also noted that president Donald Trump looks forward to speaking with president Macri.
UK is interested in strengthening bilateral relations with Argentina, building confidence, dialogue, leaving aside sanctions and conflicts, and when it comes to the Falklands/Malvinas and sovereignty, “we must recognize Islanders, their wishes, their lives”, indicated British ambassador in Buenos Aires Mark Kent in an interview with Martin Dinatale, political and diplomatic analyst from La Nacion.
Mercosur representatives will be meeting their European Union counterparts this week, beginning Monday, in Brussels in anticipation of another round of trade and cooperation discussions scheduled for March in Buenos Aires. Mercosur members, under the coordination of Argentina, which currently holds the group's chair are attending with a common position reached after several days of videoconferences.
The International Red Cross mission which spent nine days in the Falklands gathering information and finalizing plans for the team that will identify Argentine unknown soldiers buried in the Darwin cemetery sometime in June/July, have left the Islands.
Argentine foreign minister Susana Malcorra said that she will be meeting Secretary of State Rex Tillerson and expects to advance in arranging a meeting between presidents Donald Trump and Mauricio Macri, as had been agreed when the two spoke on the phone in late November.
Mercosur foreign ministers will be meeting next March 9 in Buenos Aires in the framework of Argentina's pro tempore chair and following on the Argentine/Brazilian presidents recent meeting when it was decided to give the group a new thrust taking advantage of the new world scenario.
The FAO Food Price Index averaged 173.8 in January, its highest value in almost two years, marking a 2.1% increase from its revised December value and 16.4% above its 2016 January level. The FAO Sugar Price Index surged 9.9% in the month, driven by expectations of protracted supply tightness in Brazil, India and Thailand.
Argentine president Mauricio Macri is scheduled to launch on Thursday the much expected Patagonia Project, a massive ambitious development program for the southern provinces similar to the Belgrano Plan which was recently launched for the northern provinces.