Brazilian mining giant Vale SA will pay two and a half months' salary to workers in Argentina as part of an agreement signed on Friday allowing the miner to exit the 6 billion dollars Rio Colorado potash and fertilizer project.
Argentine journalist Jorge Lanata who has won Spain’s Television Iris Award, claims that ‘80% of Argentine media is in the hands of government (President Cristina Fernandez)” which are used as “instruments of propaganda”.
The US dollar in the ‘blue’ or parallel market kept climbing in Argentina ending a week of consecutive records reaching on Friday 9.30 and 9.34 Pesos (buying and selling price) 14 cents more than on Thursday. Since the beginning of the year the US dollar has climbed 36.97% while the official rate stands at 5.18 Pesos, with an increase of only 5.3%.
An Argentine radical group involved in actions against cruise vessels and maritime traffic with the Falkland Islands has promised a similar campaign against Lan Chile offices in Buenos Aires, the airline which flies the only link of the Islands with the continent.
Argentina will make available a Coast Guard vessel in support of the ‘Antarctic Blue Whale Project’ and associated research activities planned for the 201314 season and coming years, according to a release from the Southern Ocean Research Partnership, SORP.
Argentina’s scientific research vessel “Dr. Eduardo L. Holmberg” left on Friday from Mar del Plata for the South Georgia area for a thirty day cruise in the framework of the Convention for the conservation of Antarctic marine living resources, CCAMLR, reports the Foreign Ministry from Buenos Aires.
Brazilian president Dilma Rousseff said during a joint conference with her Argentine peer Cristina Fernández at Government House in Buenos Aires that she was certain the Vale mining company “would find a way to reach an agreement with the Argentine authorities” on the suspended project.
Argentina’s industrial output registered a 0.3% drop in March year-on-year, according to Indec the official statistics bureau. The report stated that the manufacturing activity climbed 1.5% compared to February and dropped 0.4% annually in the first three months.
Argentina’s Lower House passed early Thursday morning after an overnight and at time chaotic debate the most controversial bills contained in a judicial reform which the administration of President Cristina Fernandez is obsessed in having approved before mid May.
The US dollar in Argentina’s parallel or ‘blue’ market continued to soar on Thursday reaching a new record high of 9.16 and 9.20 Pesos buying and selling price which over twenty cents more than on Wednesday.