The IMF said Thursday that it was unlikely to take action on Argentina failure to supply accurate statistical data before January, if the country misses a deadline next Monday.
P&O, a subsidiary of Carnival Corporation Plc and one of the world’s leading cruise operators will be omitting Puerto Madryn, Ushuaia and Buenos Aires from its 2013 season because of the difficulties encountered by its red ensign vessels in Argentine ports during recent months. However the company confirms that the vessels will continue to call in the Falkland Islands.
Economy Minister Hernán Lorenzino announced on Thursday Argentina will be making payments for more than 3.5 billion dollars in GDP-linked bonds, at the Economy Ministry.
Lorenzino presented the payment as a triumph against the hedge-funds.
The European Union Trade Commissioner openly accused “Argentina’s behaviour” as the main obstacle in discussions to advance and reach a free trade agreement with Mercosur.
President Cristina Fernandez and First Lady Michelle Obama have expressed a personal interest in the case of forced prostitution of a young woman and acquittal of all suspects, which has shocked Argentina.
In the midst of her fight with the courts over the Media Law, Argentine President Cristina Fernández took time to bash the Judiciary after Tuesday’s a scandalous ruling on the disappearance of a young woman, (kidnapped and forced into prostitution) with all suspects acquitted of all charges.
Ushuaia tourism operators expressed concern and called for common sense to prevail after two major cruises finally decided this week not to call at in Argentine Tierra del Fuego after local authorities could not guarantee that the visiting vessels would not be exposed to the same intimidation tactics and delays experienced recently in Buenos Aires and earlier this year in the extreme south terminal because they include the Falkland Islands in their itineraries.
The Argentine government submitted on Tuesday morning an extraordinary recourse before the Federal Civil and Commercial Court against the extension of the Clarín Group’s injunction to comply with the Media Law, granted by the Civil and Commercial Court N° 1.
The head of the Argentine-Jewish Community Centre (AMIA), Guillermo Borger, warned the government of President Cristina Fernandez that the organization’s members are concerned by the lack of information regarding ongoing negotiations with Iran over the 1994 terrorist attack on the AMIA headquarters, which killed 85 people.
Former Economy minister Roberto Lavagna said that it will take Argentina “at least three years” to liberate the country from the ‘dollar clamp’ if as of this month it was decided to execute a policy to end restrictions on the purchase of foreign currency.