A numerous Argentine delegation will be attending this week trade and investment conferences in New Delhi as part of the country's efforts to increase exports to the growing Indian market and attract investors.
Jeremy Clarkson and BBC's 'Top Gear' program need publicity and controversy to keep going and that he has managed with his recent incursion through the south of Argentina, which ended with his team escorted to the border with Chile fearing 'for their lives', which obviously impeded them from accomplishing their formal task but not the real objective.
Argentine Economy Minister Axel Kicillof has assured that the government of president Cristina Fernandez is not seeking international financing despite current economic problems, since it has foreign trade surpluses and all the foreign exchange needed to face debt maturities.
Industrial activity in Argentina dropped 4.9% during August compared to the same month a year ago, reported the Argentine Industrial Union (UIA), the country's most influential manufacturers' lobby. This represents its sixth straight fall and a 2,9% decline for the first eight months of 2014.
The Buenos Aires City consumer price index climbed 2.2% during September accumulating 40.3% in the last twelve months according to the latest release from the City's stats office. So far this year (nine months) inflation has reached 31.1%
Damon Albarn has apologized to the people of Argentina after Top Gear offended the population with an inappropriate number plate while filming their BBC show in the country. In effect during his set at one Buenos Aires main theatres this week the Blur front-man called To Gear's Jeremy Clarkson a f****** a***** over the serious gaffe.
Argentina's state-run energy company YPF closed on Wednesday an agreement with Ecuador's state-owned company Petroamazonas for the enhanced recovery of the mature field of El Campo Yuralpa which will demand an investment in the range of 170 million dollars.
The American Task Force (AFTA) sponsored by 'holdouts' NML in litigation with Argentina over sovereign bonds payment, revealed on Wednesday foreign accounts of Argentine public works contractor, believed to be involved with the Kirchner family businesses, Lazaro Baez, and showed a map with the money movement, allegedly committing the crime of money laundering.
Argentina's state-run energy company YPF admitted on Wednesday having held promising meetings with Russia's Gazpron to consider different collaboration and business opportunities, “but so far has not signed any Memorandum of Understanding, MOU or agreement”.
The International Monetary Fund anticipates two years of recession for Argentina in a context of increasing economic misbalances and uncertainty because of the ongoing litigation with the holdouts or 'vulture funds', as well as inflationary tensions.