Financial investors feel disappointed with President Nestor Kirchner's administration and are demanding fiscal and monetary policies corrections to dominate inflation and ensure sustained growth before they begin to consider putting money into Argentina's sovereign bonds at reasonable rates.
Cristina Kirchner the leading candidate for Argentina Sunday's presidential election, during these last four years, as well as her husband President Nestor Kirchner has avoided contact with the Argentine press but this last week she has been particularly loquacious.
With only a few hours left for Sunday's Argentine presidential election First Lady and incumbent candidate Cristina Kirchner talked about one of the controversial issues of the campaign which is also a daily challenge for Argentines pockets: the consumer price index and inflation.
Argentina has the lowest domestic air rates in Latinamerica and the Caribbean according to the latest report from American Express Business Travel Monitor released this week. Argentina's air rates are also among the cheapest in the inter-regional and international flights to United States and Europe says the report which monitored rates during the first six months of this year.
A federal judge charged former Argentine president Fernando de la Rua with five counts of manslaughter Tuesday in connection with bloody street riots in December 2001 when his administration collapsed plunging Argentina to its most serious economic meltdown in recent times.
All Argentine public opinion polls released over the weekend show the incumbent candidate First Lady Cristina Kirchner winning the presidential election next Sunday with no need for a run off although in the last few days opposition candidates advanced 8.3 percentage points in vote intention.
Insecurity is the growing, sustained concern among Argentines according to a public opinion poll published Sunday in Buenos Aires daily La Nacion. Poliarquia Consultants state that 39.3% of Argentine residents consider insecurity the country's main problem, which also represents a 12.1 percentage point advance over September's opinion poll.
Inflationary pressures are building in Argentina and there is room for further interest rate increases, a senior IMF official said Wednesday. The warning follows statements earlier in the week by outgoing IMF Managing Director Rodrigo Rato.
Argentina is collecting information and preparing presentations for seabed claims in the South Atlantic and Antarctica confirmed this week Foreign Affairs minister Jorge Taiana.
Argentina is forecasted to expand 5.5% in 2008, the strongest in the region behind Venezuela and Peru according to prospects from the World Bank and the International Monetary Fund released Wednesday.