An average Argentine family during the month of April needed 4.779 Pesos (approx. 600 dollars) not to be included in the poverty category, which represents an increase of 1.6% over March, of 20% in the first four months of the year and 40.5% in the last twelve months, according to the latest report from the Latin American Economic Research Foundation, FIEL.
Holders of Argentine sovereign debt this week asked the U.S. Supreme Court not to hear that country's appeal of lower court decisions ordering it to pay them 1.33 billion dollars in a case Argentine officials warn could force it to default on its sovereign debt.
Spanish oil major Repsol signed a definitive settlement agreement Thursday with Argentine President Cristina Fernandez's administration, which transferred more than 5 billion dollars in bonds as compensation for the 2012 seizure of Repsol's controlling stake in energy firm YPF.
The United Kingdom is disappointed with Uruguay's stance which identifies the Falklands/Malvinas Islands as 'a latent threat' and an element that negatively affects the South Atlantic as “as zone of peace and cooperation”. Ambassador Ben Lyster-Binns said he does not share the statement that the British Overseas Territory of the Falklands are a 'destabilizing element for the region'.
Falklands Island's' newly inaugurated governor Colin Roberts phone interview with a Buenos Aires media website released this week has had a great impact in Argentina and as it could be expected received an immediate reply from Hector Timerman's Foreign Affairs ministry, which undoubtedly read every line and every word of the transcript.
The Argentine Industrial Union, UIA, the country's manufacturers strongest lobby released the results of a poll on Wednesday warning about the lower level of economic activity expected this year. The poll covered 300 corporations belonging to the organization and forecasts no jobs creation and abundant layoffs.
The Argentine Ambassador to the United Kingdom, Alicia Castro, underlined “the importance of dialogue and the historical and cultural ties that link Argentina with Wales” when she hosted this week a traditional Argentine barbecue at the Ambassador´s residence in London for a delegation of British parliamentarians who visited Argentina in March.
In an article for Penguin News, distinguished political and scientific Bulgarian author Dr Lyubomir Ivanov (*) discusses the Crimean conflict and its parallel with the Falklands.The Argentine President Cristina Kirchner praised the recent Crimean status referendum as, “one of the famous referendums of self-determination.”
A pessimistic mood has taken over in Argentina, according to a recent public opinion poll and report on jobs, household income, and mid-term prospects, according to the latest economic expectations index, IGEE from the Catholic University supported by pollster TNS-Gallup.
India, Brazil and South Africa are interested in having Argentina join the BRICS group of emerging economies which also includes Russia and China, according to Indian ambassador in Buenos Aires Amarenda Khatua in an interview with Clarin.