Argentina's official inflation was up to 0.8% in July, the government reported on Monday, but private analysts said the real rate was about double that.
Argentina's industrial activity in June rose 9.3% on the year led by automobile production, according to manufacturers association UIA (Argentine Industrial Union).
Forensic studies conducted on the DNA samples found on the bodies of the two murdered French tourists in the Argentine northern province of Salta matched the samples extracted from one of the suspects in the double murder case.
The World Bank's chief economist for Latin America and the Caribbean said Monday that the bank is maintaining its 2011 outlook for the region's economic growth at about 4.5% despite concerns of a new global crisis.
Global food prices are at high levels and when combined with continued volatility, put the poorest people in the developing world at continued risk, according to the World Bank Group’s Food Prices Watch released Monday.
George Soros has backed Eurobonds - joint debts of the 17 Euro zone members - to solve the Euro zone debt crisis. Speaking to the BBC, the billionaire investor said if European leaders fail to keep the Euro together, there would be a really serious global calamity.
Warren Buffett has called for Congress to make him and his mega-rich friends pay more income tax. In a piece in The New York Times newspaper, the billionaire investor and philanthropist said the rich should do more to help plug the deficit.
The UK is showing a renewed interest in South America and has been successful in establishing cooperation with individual countries in spite of Argentina’s attempts to gather multilateral support for its claim on the Falkland Islands, according to World Politics Review.
Chile's Luksic family group plans to buy Royal Dutch Shell Plc's assets in Argentina, which include service stations and the country's second-biggest oil refinery, financial daily Ambito Financiero reported on Monday.
Rockhopper Exploration PLC upgraded its estimates of how much oil it could find off the Falkland Islands, boosting hopes that the remote territory in the South Atlantic could become a new oil province.