Argentina changed its inflation target for 2018 to 15%, up from the central bank’s previous goal of 8-12%, Treasury Minister Nicolas Dujovne said on Thursday, raising expectations for interest rate cuts. The government will postpone by one year its goal of lowering inflation to 5%, pushing it back to 2020, Dujovne said.
A trade union-organized march in Buenos Aires descended into violence Thursday, with thousands of protesters clashing with police as they demanded lawmakers reject a controversial pension reform plan. Riot police used water cannons, tear gas and rubber bullets against demonstrators, who threw stones and burned barricades made of rubbish outside the doors of Argentina's congress.
Argentina’s top prosecutor quit on Monday under pressure from the government over accusations that she hampered corruption investigations into officials from the previous administration of President Cristina Fernandez.
Argentina's ruling coalition of president Mauricio Macri celebrated on Sunday victory in the Corrientes province governor race, a significant boost a couple of weeks before the crucial midterm elections. Candidate Gustavo Valdés supported by Let's Change grouping won the Corrientes gubernational dispute with 54.06% of the votes.
Argentine president Mauricio Macri is scheduled to meet in Hamburg with British Prime Minister Theresa May to reinforce cooperation and joint efforts but with the difference resulting from the dispute over the Falklands/Malvinas Islands remaining on the table, according to government sources in Buenos Aires.
Argentine President Mauricio Macri Tuesday said Argentines should not worry about the dollar, as the US currency rose 13 cents, closing at AR$ 17.18. It will benefit regional economies and job creation, he added during a radio interview.
Argentina's chief of staff Marcos Peña defended the current administration's policy towards the Falklands/Malvinas question arguing that dialogue is the path, not speeches with no content or results, and pledged we will stand by Argentine sovereignty of the Malvinas Islands.
Argentina has an excellent relation with the Obama administration and this will be the case with a government led by Trump, pointed out Argentina's cabinet secretary Marcos Peña adding that the first signals from the elected president are positive since he is moderating his electoral campaign speech.
The British Government and the Government of Argentina have agreed to an improved relationship through closer co-operation on areas of mutual interest, including on trade, security and the South Atlantic. A UK-Argentine joint statement has been agreed and released on Tuesday 13 September, following a series of high level meetings in Buenos Aires with Sir Alan Duncan - the first Foreign Office Minister to visit Argentina since 2009.
Argentine president Mauricio Macri described as a “gesture” the attendance of Foreign Office minister Alan Duncan at the Business and Investment forum in Buenos Aires, and anticipated that UK and Argentina are preparing a bilateral meeting next week in New York on the sidelines of the annual UN general assembly to address all issues including Falklands/Malvinas.