MercoPress

Beware inflation: CFK announces “political groups” will keep track of prices in shops

Thu, 23 May 2013 07:20:00 GMT

Argentine President Cristina Fernández (CFK) indirectly acknowledged that inflation has become a major challenge for her government despite the fact that the official reading in twelve months is 10.6%, even when private estimates indicate 24% and expectations have soared to 34%.

Kirchnerite Senate majority approves whitewashing bill; next week in the Lower House

Thu, 23 May 2013 07:06:00 GMT

The Argentine government sponsored whitewashing or ‘tax amnesty’ bill received half approval on Wednesday when the Senate passed the initiative by 39 to 28 votes, a bill which the opposition has labelled ‘immoral’. After seven hours of debate and over twenty speakers the line was clearly drawn between the Kirchnerite group and its allies and the rest of the House.

Cristina Fernandez administration limits overseas dollar extractions to a minimum

Thu, 23 May 2013 07:01:00 GMT

Continuing with the so called ‘dollar clamp’ Argentine institutions issuing credit cards will further limit the extraction of dollars from automatic cashiers: travellers to neighbouring countries will only be allowed 100 dollars every three months and those visiting non neighbouring countries, 800 dollars per month.

Falkland Islands wish for normal neighborly relations with all South American neighbors

Thu, 23 May 2013 02:19:00 GMT

By MLA Jan Cheek - I was in The Hague in April on the last stop of my four capital trip planned to spread information about our decisive referendum. After London, a colleague and I visited Brussels before heading off to separate destinations. I visited Dublin and then returned to London to attend the funeral of Baroness Thatcher.

Argentine ports strike stalls oilseed and grains exports at peak harvest time

Thu, 23 May 2013 02:10:00 GMT

Argentine longshoremen on strike at the peak of summer harvests exports have scores of grains ships delayed in and around due to a three-day-old conflict that threatens to bog down shipments at a time of heightened world demand for South American soy and corn, according to industry sources.

Argentina Judicial Reform: A Farewell to thee Rule of Law and the Separation of Powers.

Wed, 22 May 2013 23:08:00 GMT

By Rodolfo Arrate (*) - The Argentine poet Jorge Luis Borges famously declared: “Democracy is an abuse of statistics”. Observing the evolution of the political regime in Argentina nowadays, the poet’s sentence may well have turned into a prophecy.

Cristina prepares great rally to celebrate ten years of the Kirchnerite model

Wed, 22 May 2013 02:12:00 GMT

The Argentine government is preparing for a huge political demonstration next Saturday 25 May to be held in the Plaza de Mayo to celebrate 10 years since President Cristina Fernández late husband and predecessor Néstor Kirchner took office. It will also be a test ahead of the October mid-term election.

Falkland Islands: it’s a three-side debate; Argentina must recognize Islanders right to decide their future

Tue, 21 May 2013 06:45:00 GMT

UK conditioned a possible re-launching of agreements on hydrocarbons and fisheries in the South Atlantic to Argentina accepting ‘there will be no sovereignty negotiations’ regarding the Malvinas Islands and called for the Argentine government to respect the wishes of the Falkland Islanders.

Argentines expect inflation to average 34.9% in the next twelve months

Tue, 21 May 2013 06:43:00 GMT

Argentines expect inflation to average 34.9% in the next twelve months according to a private report released on Monday by the Finance Research Centre, CIF, belonging to the Torcuato Di Tella University.

Falklands: optimism about identification of the unknown Argentine soldiers

Tue, 21 May 2013 06:34:00 GMT

An Argentine delegation involved in human rights that in early May visited the Falkland Islands is optimistic about the possibility of advancing in the identification of the remains of Argentine soldiers buried as unknown in unmarked graves at the Darwin cemetery.