Argentine president Mauricio Macri appointed Finance Minister Luis Caputo as president of the central bank on Thursday, after the outgoing head of the bank resigned and acknowledged having lost credibility.
Argentine authorities have asked to use US$7.5 billion of the US$50 billion financing deal signed with the International Monetary Fund to fund their budget, IMF Managing Director Christine Lagarde said in a statement. Argentina’s Finance Ministry said in a separate statement that the funds would be sold on the market through pre-announced daily auctions conducted by the central bank.
Argentine president Mauricio Macri was detected a benign cyst in the pancreas, according to an official release from the Executive Office. The condition was discovered during a routine medical checkup last 23 May and following clinical studies including a magnetic resonance, the diagnosis was confirmed but a treatment is not necessary, although he will continue under medical monitoring.
The lower house of Argentina’s Congress on Thursday narrowly passed a Bill to legalise abortion through 14 weeks of pregnancy after a tight vote on a proposal that has divided the South American nation.
The constructive spirit and pragmatic attitude towards Argentina/United Kingdom relations and shared interests seems to have spilled positively to international forae, for example the latest OAS general assembly declaration regarding the Malvinas Islands, which does not mention “militarization of the South Atlantic or nuclear arms”, as was common in the Kirchner couple years, and rather keeps to the traditional annual disputed sovereignty claim under the umbrella of the United Nations.
The football exhibition match between Israel and Argentina slated for Saturday in Jerusalem has been canceled, Israel's embassy in Argentina confirmed early Wednesday, citing unspecified 'threats and provocations' against star player Lionel Messi.
Tierra del Fuego media and Clarin in Buenos Aires coincide that foreign minister Jorge Faurie has admitted the possibility for a representative from the extreme south province to attend the Argentine/UK South West Atlantic Fisheries Scientific Sub Committee meetings, which were recently re-launched at the Argentine capital.
Following twelve hours of heated and at time acrimonious debate the Argentine Senate on early Thursday voted, 37 to 30, to freeze utility prices. President Mauricio Macri had anticipated that if the bill was passed he would veto it because there is no way the budget can stand an additional 1% of GDP deficit.
Coca-Cola announced it would increase its investments in Argentina over the next three years, giving embottled President Mauricio Macri’s government a boost at a difficult time.
The Argentine government is raising an export tax on biodiesel to 15% from 8%, effective July 1, according to a decree published in the official Gazette on Monday. Argentina is one of the world's top providers of biodiesel fuel, exporting 1.65 million tons in 2017, but it has been hit by retaliatory tariffs in recent years.