The newly appointed Argentine Central bank chairman Juan Carlos Fábrega strategy to make the money exchange markets converge does not seem to be working: on Tuesday the 'blue' or parallel dollar soared to a new record, 10.85 and 10.90 Pesos, while the gap with the official rate again climbed to almost 60%.
Argentine President Cristina Fernández resumed on Tuesday her official activity in the Government House, after spending 18 days with her relatives in the Patagonia province of Santa Cruz. She arrived in Buenos Aires late Monday night and is scheduled to make a public appearance on Wednesday.
Argentine President Cristina Fernandez works everyday and is complying with her constitutional responsibilities said cabinet chief Jorge Capitanich on Monday responding to opposition voices that have criticized the leader who remains in the Patagonian city of El Calafate. He also announced that the president would be returning to Buenos Aires this week.
Industry, Energy and Mining Minister, Roberto Kreimerman, said Uruguay would try to settle disputes with Argentina in order to reestablish trade relations, but he also recognized Uruguay’s relationship with Argentina 'will never be the same'. The minister revealed that 32 million dollars of Uruguayan exports are blocked at Argentine Customs.
Even when there has been no official reply from London to Argentina's message to mark the 181th anniversary (January 3) of what it considers the usurpation of our Malvinas Islands, there was a strong reaction from Tory MPs when it was revealed that UK contributes several million pounds in aid programs to Argentina.
Argentine former senator Daniel Filmus on Monday afternoon will be inaugurated as head of the newly created Secretariat of Malvinas, South Georgia, South Sandwich Islands and adjoining maritime spaces in the South Atlantic Affairs, which will press forward with Argentine claims over those territories.
Successful trade missions to Uruguay and Chile and the growing support and know-how links with Scotland for the development of the Falkland Islands oil and gas industry were mentioned as some of the 2013 highlights by Roger Spink, president of the Falklands Chamber of Commerce in his Christmas speech.
Argentina announced sanctions on electricity companies Edesur and Edenor following the power outages suffered by hundreds of thousands of citizens in Buenos Aires City and surrounding areas, amid a historic heat wave that brought stifling temperatures for 18 days.
In a long statement recalling the 181st anniversary of the 'usurpation of our Malvinas, South Georgia, South Sandwich Islands and the adjoining maritime spaces' (almost three million square kilometers) the Argentine Foreign ministry contrasts Buenos Aires peaceful, dialogue attitude with the verbal aggressiveness from British officials when referring to the Malvinas issue.
Argentina's government formally launched on Friday its latest price control program as double-digit inflation sets the stage for tense annual wage talks in coming months. The one-year program sets prices on 194 supermarket items including staples like milk, meat and pasta as well as discretionary items such as beer and ice cream.