Argentina posted a primary fiscal deficit of 144 billion pesos (US$8.4 billion), or 1.5% of GDP in the first half of 2017, Treasury Minister Nicolas Dujovne said on Wednesday, beating the government target for a gap of 2% of GDP. The primary fiscal deficit was 103 billion pesos in the second quarter, compared with 41 billion pesos in the first quarter.Add your comment!
On 26th July the Frigate ARA Libertad will arrive at Queen Elizabeth II Cruise Terminal, Eastern Docks, Berth 38, in Southampton, where the Argentine Ambassador to the United Kingdom R. Carlos Sersale di Cerisano will welcome the crew of 27 officers, 187 non-commissioned officers and 61 training officers. In her role as Ambassador of the seas, the vessel carries a message of peace, friendship and a will to build bridges with the world.Add your comment!
BP unit and subsidiaries of France’s Total and Germany’s Wintershall have signed an investment agreement with Argentina’s state-run oil company YPF to jointly invest US$1.15 billion in the Vaca Muerta shale formation in Argentina.1 comment
Another member of Argentine President Mauricio Macri administration is in trouble over statements referred to the Falkland Islands, which were actually unearthed from years back, but in election time strange things tend to happen and social networks picked up the outburst of such major 'sin'.10 comments
Argentina's central bank hiked interest rates on its short-term securities on Tuesday in its monthly auction, the second such increase in the past three months as it seeks to soak up pesos and rein in stubbornly high inflation.3 comments
Controversy has erupted in Argentina following the release in Facebook of clandestine pictures from the current exhumation works at the Darwin Cemetery in the Falklands with the purpose of identifying the remains of Argentine combatants in at least 95 graves with tombstone reading, “Argentine soldier, known only to God”.26 comments
The former leader of the UK Independent Party and great promoter of the Leave position in the Brexit referendum Nigel Farage, has mentioned Argentina and Falklands policy as proof that Britain’s foreign aid budget is being spent in completely the wrong places.9 comments
Argentina's new subsidized mortgage scheme is gathering steam, boosting construction activity and winning over the middle class ahead of mid-term elections in October that will determine the future of President Mauricio Macri's market-friendly agenda and his attempts to put the country's accounts in order.1 comment
Argentine justice confirmed that phone calls to the Falklands/Malvinas Islands must be billed as local calls and not long distance. Argentine telecoms companies Telefonica and Telecom said that this was normal procedure, however a client presented a consumers' appeal claiming a call to the Falklands had been labeled as international instead of domestic.22 comments
Oil and gas production in Argentina has fallen to 1981 levels, the lowest in 25 years, despite a $14 million government subsidy for the first five months of this year. From last year to May 2017, the country has produced 2,311,736 m3 of oil and just under 3.8 billion m3 of gas, which shows a drop of 6% and 1.8% respectively.10 comments