The Techint Group agreed to pay 5.03 billion Reais (2.7 billion dollars) for a 27.7% voting stake in Brazil’s Usinas Siderurgicas de Minas Gerais to boost access to the largest market for steel in Latin America.
This coming year Argentines will be resting more and working less, at an average of one day off for every three worked, according to the 2012 official national, civilian and religious festivities calendar released by the Ministry of Interior.
The Argentine government has stepped up its official blockade policy against the Falkland Islands warning Spanish fishing vessels are operating ‘illegally’ in the South Atlantic, since they have not requested licences from the Argentine government, and controls over those activities will continue.
IMF chief specifically excluded Argentina from its coming Latinamerican tour because the government of President Cristina Fernandez still has to comply with what was agreed last July, basically normalizing the controversial INDEC stats office and open its books to auditing as happens with all other members of the G20.
The Argentine ambassador in Uruguay, Dante Dovena said this week that French president Nicholas Sarkozy statement at the G20 summit, in reference to Uruguay (as a tax haven) is not shared by his government.
A Chilean ‘Solidarity with Malvinas” group visited this week the Argentine legation in Santiago to meet Ambassador Ginés González Garcia and express their support for Argentina’s claim over the disputed Falklands and other South Atlantic islands.
Argentina’s capital Buenos Aires has gained increasing popularity as a gay destination, largely due to recent liberalization laws which have supported gay and lesbian lifestyles, reports Pink Choice.
A slump the Brazilian currency Real landed Marfrig deeper in the red despite an improved operating result, lifted by takeovers and better tailoring its beef operations to a shortage of cattle.
Argentina has great expectations about the coming summit for the official creation of the Community of Latinamerican and Caribbean states, Celac, scheduled to take place next December 2 and 3 in Venezuela, said Foreign Affairs minister Hector Timerman.
In a milestone speech on Tuesday anticipating the four years of her next mandate, Argentine President Cristina Fernandez disclosed she would continue with pro-growth policies but also added that a time of ‘fine tuning’ had arrived in which she was willing to address all issues including “investment and inflation” but not through the newspapers.