The administration of Argentine President Cristina Fernández announced on Monday a major cabinet reshuffle naming Chaco governor Jorge Capitanich as new cabinet chief and Axel Kicillof Economy minister while the Central bank will have a new president, Carlos Fabrega.
Argentina's economic activity grew 4.7% in September compared with the same month last year, according to the government's much questioned stats office, INDEC. Market expectations were in the range of 3.9%.
“I’m afraid the Argentines are behaving irrationally and not very well.” This was the opinion expressed in Stanley on Thursday morning by the Attorney General for England and Wales.
Uruguay made a formal complaint against Argentina before Mercosur regarding the administration of President Cristina Fernandez decision banning Argentine exports from transshipment in Uruguayan ports. The complaint was filed on Wednesday in Caracas at Subgroup 5 which addresses Mercosur maritime transport by Uruguay's Deputy Transport minister Pablo Genta.
The business climate (ICE) in Uruguay was down in the third quarter of the year, which means the country dropped from position 5 to 7 in the ranking of the eleven economies contemplated in the index elaborated by the Brazilian Getulio Vargas Foundation and Germany's respected IFO.
The International Monetary Fund said Wednesday it will review Argentina's progress on improving its economic statistics in December, after censuring the country last February for supplying poor data.
Inflation in Argentina according to the so called Congressional index during the month of October reached 2% and 25.86% in the last twelve months, it was reported by opposition lawmakers.
Argentine president Cristina Fernandez will resume her duties and complete the four years of her mandate, there is coincidence on this among incumbents and opposition, even when the leader's health remains delicate, according to Argentine political analyst Nelson Castro.
The British Embassy and the Chevening Alumni Network in Argentina hosted the second edition of the Leadership Talks at the Ambassador’s Buenos Aires Residence. Mario Pergolini, Santiago Siri and Estanislao Bachrach took part in a new edition of the Chevening talks, on this occasion presented by Iván de Pineda.
It was 26 September 1941, Nazi Germany consolidated the siege on Stalingrad, America had yet to suffer Pearl Harbor and declare war on the Axis and Britain was suffocated under the pounding of German bombs and at sea losing tens of thousands of vital shipping.