The Argentine government signed Thursday a contract to purchase twenty mid range aircrafts from Brazilian manufacturer Embraer for recently nationalized flag carrier Aerolineas Argentinas. President Cristina Fernandez de Kirchner said these will be the first new aircrafts for Aerolineas in 16 years.
Headlines: Captain Miller back at the helm after 30 years; Landing Day commemorated; Councillors prepare to set difficult budget; May Ball tonight.
Argentina's government said on Thursday the economy grew a better-than-expected 2.7% in March compared with the same month last year and closing the first quarter with a surprising 2.3%. But many analysts say the slowdown is far sharper.
Britain’s Europe Minister, Caroline Flint, told the House of Commons this week that the British Government remained “deeply concerned” by recent developments in Europe affecting Gibraltar waters, reports the Gibraltar Chronicle.
The Brazilian government has again downgraded the economy’s growth forecast for this year which will now be 1%, according to the bi-monthly Budget reassessment from the Planning Ministry.
United States president Barack Obama has sent a letter to President Cristina Fernandez praising Argentina’s efforts “to work as a constructive and stabilizing force in the region and beyond”.
China Development Bank may offer more financing to Brazil’s government managed oil and gas corporation Petrobras adding to the 10 billion US dollars extended this week, said Petrobras CEO Jose Sergio Gabrielli on Thursday in New York.