Tag: Argentina

Argentina
Saturday, October 1st 2016 - 02:55 UTC

Malcorra summoned to Senate to explain Falklands' clauses in the joint statement

Malcorra's summons was first requested by opposition Senators loyal to ex president Cristina Fernandez following the release of the joint statement

Foreign minister Susana Malcorra is scheduled to attend the Argentine Senate next Wednesday morning to expand on the recent Argentina/UK joint statement, particularly the South Atlantic chapter which deals with the Falkland Islands and alleged softening of the Argentine sovereignty claim.

Friday, September 30th 2016 - 08:47 UTC

Ushuaia encouraged by a cruise season that includes 245 Antarctica calls

 The first Antarctic cruise is scheduled for 17 October with the Ushuaia (Antarpply Expeditions) which has a 90 passengers capacity.

Ushuaia remains as Antarctic gate king this 2016/2017 cruise season with 245 out of its 305 calls (45 vessels) heading for the extreme south ice covered continent, according to the data published by the Tierra del Fuego Tourism Institute Infuetur. The season took off in early September with the arrival of Chilean flagged Stella Australis, and its 210 passengers heading for Cape Horn

Thursday, September 29th 2016 - 10:35 UTC

One in three Argentines, 8.8 million live in poverty and 1.7 million are indigent

Now we know the truth of this heartbreaking situation: one out of three Argentines is below the poverty line which hurts but also makes us furious, said Macri

Nearly one-third of Argentina’s population lives in poverty, the government said on Wednesday in the first official poverty data published in three years, underscoring the difficulty of reaching President Mauricio Macri’s stated “zero poverty” goal. The ranks of the poor surveyed in Argentina totaled 8.8 million people, or 32.2% of the population in 31 urban areas surveyed.

Thursday, September 29th 2016 - 10:31 UTC

Falklands' sovereignty talks, end objective of non binding joint statement, Argentine congress is told

Foradori said a joint statement is a non binding roadmap and in the event of any agreements with the UK they will merit full and active participation of Congress

The 13th September joint statement between Argentina and the UK is a new bilateral convergence of common interests and the possibility, in the framework of a new dialogue and cooperation, of sovereignty discussions resumption on the Malvinas, South Georgia, South Sandwich islands and adjoining maritime spaces question, Argentine Deputy foreign minister Carlos Foradori told the Lower House Foreign Affairs committee during a summons on Wednesday.

Wednesday, September 28th 2016 - 08:10 UTC

Argentina lost 12% of national flock to severe drought in north Patagonia

The lack of humidity is recurrent with the most impact between 2007 and 2011, plus very cold temperatures and the eruptions of Chaiten and Puyehue volcanoes.

North Patagonia in Argentina is suffering the worst drought is 17 years which has meant the loss of 1.8 million sheep, since 2007, and so far this year rainfall has been 45% below the historic average.

Wednesday, September 28th 2016 - 07:46 UTC

Foreign tourists in Argentina will be refunded VAT on hotel services

Macri signed the order at Casa Rosada during a World Tourism Day event with Tourism minister Santos, Finance minister Prat Gay and industry representatives.

Argentine president Mauricio Macri signed an executive order on Tuesday under which foreign tourists will receive a refund of the value-added tax, or VAT, paid on hotel services in an effort to attract more visitors to Argentina and boost tourist businesses.

Tuesday, September 27th 2016 - 07:41 UTC

Following Colombia, “Malvinas, one of three issues pending solution in Latin America”

Malvinas must be solved because colonial times are long over and they must return to Argentina and Latin America, said president Evo Morales

Following the peace agreement signed in Colombia, only three main issues remain pending in the Americas, devolution of Guantanamo to Cuba, the Falklands/Malvinas dispute and a sea outlet for Bolivia, according to Bolivian president Evo Morales who hailed the deal rubricated on Monday in Cartagena before world leaders.

Monday, September 26th 2016 - 10:56 UTC

US Treasury Secretary on advisory visit to Argentina, Brazil, Colombia and Mexico

 “Our message is very much one about the benefits of ongoing economic reforms, and disciplined economic policies in these economies,” the Treasury official said

U.S. Treasury Secretary Jacob Lew will urge his counterparts in Argentina, Brazil, Colombia and Mexico to press ahead with economic and fiscal reforms aimed at restoring or strengthening growth, a senior Treasury official said on Friday. Lew will be visiting the four largest Latin American economies this week beginning with Argentina on Monday, recognizing efforts by President Mauricio Macri to reintegrate Argentina into the global economy.

Friday, September 23rd 2016 - 10:55 UTC

An Argentine family to remain above the poverty line needs US$ 820 a month

This is the first time Indec publishes basket estimates since 2013, when ex president Cristina Fernandez ordered no further releases of poverty and indigence estimates.

An Argentine average household made up of a couple with two children 6 and 8 years old needs 12.489 Pesos (approx US$ 820) to remain above the poverty line according to the stats office, Indec estimate for the month of August. The same household will have to pay 5.176 Pesos (approx US$ 340) for the Basic food basket, not to drop to indigence.

Friday, September 23rd 2016 - 09:32 UTC

Argentina's economy further contracts in 2Q; government insists recovery is round the corner

The Argentine economy is showing the first signs of exiting recession, Macri said at a business forum for international investors last week.

Argentina’s recession deepened in the second quarter as President Mauricio Macri’s efforts to implement free-market reform exacerbated an already flagging economy. GDP fell 3.4% from the same period a year earlier, the largest year-on-year contraction in almost two years, the refurbished statistics agency said in a report published on Thursday.

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