Argentina could require that grains futures be listed in the local Peso currency the head of the central bank said on Friday, a move that traders said would paralyze markets in the leading global food supplier.
The Argentine government announced the creation of an oil planning commission that will set national energy goals and have the power to review private companies’ investment plans.
US Department of State Assistant Secretary for Public Affairs Mike Hammer urged the Argentine Government to normalize its relations with the international financial community and confirmed President Obama’s administration intention of having “the best possible relations” with Argentina.
The editor of the Falkland Islands weekly Penguin News twitted that Argentine president Cristina Fernandez is scaring its own people, regarding military exercises in the Islands, which Lisa Watson underlines are “routine”.
Argentina’s Metal workers union (UOM) leader Antonio Caló said on Thursday he “never believed in the (official stats office) Indec” and openly estimated that inflation in the country is running at “23% to 24%”.
Argentine union leaders said that the conflict inside the CGT umbrella organization is “purely political” and claimed that President Cristina Fernandez is after a “divided and passive” organized labour movement.
The fountains in Argentina’s capital Buenos Aires emblematic Plaza de Mayo were left unlit Tuesday and Wednesday night, after electricity company Edesur cut off power due to the city’s government's failure to pay the bill.
Argentine President Cristina Fernández unveiled a new 100 Pesos note featuring Eva Perón’s portrait to commemorate the 60th anniversary of her death in 1952. The Wednesday ceremony at Government House convened political allies and representatives from the banking and financial sectors.
Argentina decided to suspend all activities related to the River Plate Martin Garcia access channel until the Uruguayan government is “fully satisfied” about the alleged “procedural irregularities” pointed out by Uruguay’s government audit tribunal.
The British media have turned their eyes on Argentina which has decided not to send its president to attend the opening ceremony of the Olympic Games, considered a diplomatic snub to Britain at a time of growing tensions over the Falkland Islands.