The Argentine Coast and Border Guards conflict came to an end on Wednesday morning following an order for the officers to return to their posts and remain in barracks until new instructions.
Argentine authorities suspended the local unit of US seed giant Monsanto from a local grains registry over allegations of tax irregularities. The company denied the allegations in a statement issued late on Wednesday.
The Argentine central bank confirmed on Wednesday that there is no money exchange restrictions for the federal government or provinces to purchase US dollars to honour public debt issued offshore.
By Jorge Araya - The Argentine president’s misguided perspective threatens her country.
(The following piece was published in the Harvard Crimson from Harvard University. It is considered the US oldest continuously published daily college newspaper, was founded in 1873 and incorporated in 1967).
Argentina is refusing to pay the 20 million dollars in ransom that New York hedge fund dealer Paul Singer is demanding in exchange for releasing the country’s Naval training vessel currently retained in the port of Tempa, Ghana, West Africa, reports the New York Post.
The opening session of the UN Fourth Committee on decolonisation was dominated by a joint verbal assault on Britain by South American countries over the issue of the Falkland Islands. One after another, representatives of governments in the region called on the UK to enter into dialogue with Argentina over the sovereignty of the Islands, which are claimed by the government in Buenos Aires.
Argentina will grow 2.6% in 2012 according to the IMF latest World Economic Outlook, which is below the 3.4% estimated by President Cristina Fernandez administration for this year’s budget.
The foreign exchange clamp in Argentina is reaching the provinces, one of which at least was unable to honor maturing bonds in dollars and made the payment in Argentine Pesos.
Argentina Coast and Border Guards voted on Tuesday to continue with the eight day conflict after they considered ‘insufficient’ the government’s reply to their demands of higher salary and improved working conditions.
The case of the seized Argentine naval ship ARA Libertad was heard on Tuesday by a Ghana Commercial Court which will rule on Thursday whether to release the vessel impounded on arrival last week at the Port of Tema, according to the official Ghana News Agency.