Strong symptoms of a slowdown of the Argentine economy, possibly leading to recession, have been confirmed by Torcuato Di Tella University's, UTDT, closely watched leading indicators.
Argentine President Cristina Fernandez announced higher tariffs for capital goods and the extension until the end of the year of the “fiscal bonus” with the purpose of “sustaining current countercyclical policies” given the international economic crisis.
Argentine President Cristina Fernández insisted Wednesday on the need of saving in Pesos instead of US dollars and announced that she would “pesify” her dollar fixed-term bank deposit, urging her ministers to do the same.
Argentine farmers’ organizations under the umbrella grouping Liaison Board announced on Tuesday a national strike cancelling all trade in grains, oilseeds and livestock to protest ‘national government policies’ against the land reform and tax hike in Buenos Aires province, among other issues.
The Organization of American States general assembly, meeting in Tiquipaya, Bolivia, passed a resolution urging the Argentine and British governments to find a peaceful way to solve the Malvinas Islands sovereignty dispute.
Argentina's state-controlled energy company YPF will need to invest 35 billion dollars to boost falling natural gas and oil output by more than a quarter by 2017, the new chief executive said on Tuesday in Buenos Aires.
Trade differences between Mercosur leading partners Brazil and Argentina will be overcome with negotiations and promoting productive integration, coincided business people, diplomats and academics from both countries at a seminar in Rio do Janeiro.
Brazil’s Vale Doce, the world's second-largest miner, expects to overcome obstacles that prompted management to re-assess a 3 billion dollars potash project in the Argentine province of Mendoza, the company's head of fertilizers, Roger Downey, said.
Argentina’s Foreign Affairs minister Hector Timerman has a challenging and fragile mission in Bolivia: to obtain strong support from the OAS general assembly for Argentina’s claim over the Falklands/Malvinas’ sovereignty ahead of the UN decolonization meeting in New York which President Cristina Fernandez has promised to attend.
Trading in the Argentine money exchange market on Monday was relatively calm with very few operations in the so called ‘blue’ or ‘parallel’ dollar but with none of the expectations announced by members from President Cristina Fernandez administration.