Despite having managed to split organized labour and declared war on its most powerful exponent the teamsters boss Hugo Moyano, the government of Argentine president Cristina Fernandez still has to deal with its unconvincing stats office and rampant inflation.
Argentina will take legal actions against Britain's Premier Oil after the company agreed to invest 1 billion dollars to help develop an oil field off the disputed Falkland Islands, Argentina's Foreign Ministry said on Monday.
A law giving gay and lesbian couples the right to marry in Argentina celebrated its second anniversary over the weekend. Argentina became the first Latin American country to legalize gay marriage after President Christina Fernandez signed the law on July 21, 2010.
The influential British business and politics magazine The Economist anticipates that following the latest decisions by Mercosur, the South American group has little if any future. The Economist argues that the mounting protectionism and the rule-breaking admission of Venezuela have fatally undermined a once-promising trade block.
Venezuelan Defence minister Henry Rangel Silva and his Argentine peer Arturo Puricelli signed on Friday a cooperation agreement to further advance in the integration of the two armed forces in the framework of the Unasur Defence Council.
Argentina's government reported Friday that consumer prices rose by 0.7% in June. The estimate, published by national statistics agency, Indec, indicates that in the first half of 2012 inflation reached 5.1% and 9.9% in the last twelve months.
More than 500 penguins have been found dead on beaches of Brazil's southern Rio Grande do Sul state, authorities said Friday.
Argentina’s Chubut province is reviewing the operating license of BP Plc main oil field in the country and may revoke it, the provincial oil minister said. The review started after operations were interrupted last month for over three weeks during a workers’ protest, Minister Ezequiel Cufre said in an interview in Buenos Aires.
The dollar clamp continues to advance in Argentina: foreign currency for overseas travel will only be available in the official market with a bank check or debit from the buyer’s current account. This is considered the latest interpretation from last week’s resolution banning savings in the US currency.
Argentina's government appointed an observer Thursday to oversee business operations at the power distributor Edesur SA, after the company reportedly failed to make a payment to a regulatory company.