Following twelve hours of discussions the Argentine delegation headed by Economy Minister Axel Kicillof managed on Wednesday to agree the main points for Argentina to overcome the approximately 9.5bn dollars default with countries that make up the Paris Club, according to late reports from the French capital.
Brazil, Argentina and Chile presidents figure among the list of the 25 most powerful women in the world according to the latest release from Forbes. Dilma Rousseff ranks in fourth place, Cristina Fernandez 19 and Michele Bachelet, 25. Only nine heads of state figure in the 100 names list.
The Argentine government is putting pressure on contractors so that the Navy's flagship icebreaker Almirante Irizar, partially destroyed by fire in 2007, can begin sea trials later this year. However over-costs and mismanagement of the funds invested, estimated at over 650 million dollars, could have purchased a new vessel of three second hand according to critics in Congress.
A small plane crash landed on Tuesday into the Río de la Plata river with nine passengers on board. Four of them were successfully rescued and transferred to hospitals in Buenos Aires and Uruguay, and at least five people were reported dead.
University of North Carolina-Chapel Hill has fired the 70-year-old physics professor who was arrested in 2012 after flying to Argentina to meet the woman who he thought was a former Miss Bikini World and instead was arrested by drug agents after getting entangled in a scheme to smuggle two kilos of cocaine.
Argentina's Planning minister Julio De Vido guaranteed publicly on Monday that there will be no gas cuts next winter (21 June), while Energy Secretary Daniel Cameron described the situation as the best in the last four years.
Argentina's Economy Minister Axel Kicillof has assured that progress has been made with creditors in the Paris Club as the politician left Monday evening for France in preparation for talks with the financial institution over restructuring Argentina's debt, estimated in 9.5bn dollars.
Argentina seafood exports totaled 116,738 tons during the first four months of the year, which shows an increase of 2.9% over the same 2013 period in 2013, when 113,419 tons were shipped abroad. Strong shrimp exports helped offset lower volumes of fish.
After a decade of growth, the Argentine government faces this year a decline as industrial output falls and a high inflation rates hits consumer spending and new investment. The Argentine economy grew steadily recovering from a 2001-2003 debt crisis and expanded 3% last year but it stumbled in the fourth quarter and could slid into a recession at the start of this year.
President Cristina Fernández, CFK, addressed on Sunday the crowd which had gathered in the historic Buenos Aires Plaza de Mayo to mark the anniversary of Argentina's May Revolution, calling on those present to remember all the people who helped create an independent nation.