Fiat Argentina's CEO Cristiano Rattazzi compared inflation in Argentina with that of Venezuela and Sudan and called on the government of President Cristina Fernandez to bring it down to one digit and help stabilize production costs and exports.
Official inflation in Argentina during March was 2.6%, according to Economy minister Axel Kicillof who underlined that during the month there was a considerable deceleration in the increase of prices, in most items with the exception of clothing and private schooling.
Next 17 April is “World Malbec Day” and for the fourth running year Argentina Wines will be promoting the image of the varietal in over sixty events in 55 different cities in 44 countries. This year the event will be supported by the pleasure of good music with the purpose of attracting young consumers, 25 to 35 year old.
Argentina's Economy minister Axel Kicillof tried to downplay his recent to the G20/ IMF annual meetings held in Washington, saying the country is a regular attendant, and insisting that the country has no agreements with the IMF ”because it’s not an Argentine creditor”. Cabinet chief on the other hand described Argentina's relation with the IMF as 'normal'.
The Daily Express Sunday's edition reveals in an exclusive piece by Marco Giannangeli, based on uncovered documents that Pope John Paul II tried to convince Margaret Thatcher to abandon the Falkland Islands at the height of the 1982 war with Argentina, fearing a collapse of the military regime could lead to a left-sing government, under influence of the Soviet Union.
Argentine former cabinet chief and now dissident lawmaker Sergio Massa, the governor of Buenos Aires province Daniel Scioli and Mauricio Macri, mayor of Buenos Aires City outstand as the strongest presidential hopefuls for next year's primaries (August) ahead of elections to succeed Cristina Fernandez in October 2015.
Argentine presidential couple Nestor and Cristina Kirchner's former Transport Secretary Ricardo Jaime was indicted last week for unlawful enrichment and impounded for 40 million Argentine Pesos (approx 5 million dollars) He's the first of very close former aides of the powerful couple to face a jail sentence.
The Argentine government said on Friday there is no turning back of current policies despite the massive national strike that paralyzed the country on Thursday and insisted that the real impact was the result of the roadblocks in the accesses to the main cities.
The Economist has a piece on Argentina's president Cristina Fernández, an X-ray on her character, reactions, but also strong points, and what can be expected of what is left of her mandate that ends in December 2015. Even with her clout dwindling Cristina Fernández remains the most powerful politician of Argentina.
Argentine organized labor leader Hugo Moyano called on the government of president Cristina Fernandez to take note of Thursday's strong mobilization across the country after unions affiliated to the Teamsters figure and gastronomic heavyweight Luis Barrionuevo caused widespread disruption.