Argentina’s booming economy has been one of the few bright lights in an otherwise gloomy global financial picture the last few years. But inflation of up to 25% threatens that growth. It's one of the world’s highest inflation rates, reports the US public funded Public Radio International.
The night of “show-biz” glitz, light-shows, orchestrated crowds and even musical allusions, that surrounded Tuesday night’s announcement on the Falklands by Argentine President Cristina Fernandez from the Casa Rosada has left Falkland Islanders on the streets of Stanley feeling slightly bemused at the scenes, considered by many to be more reminiscent of the half-time entertainment at a Super-Bowl than a political debate.
A group of Malvinas war veterans assaulted Tuesday evening an Argentine lawmaker as he exited Government House following President Cristina Fernandez Malvinas war “give peace a chance” speech. He had to be rescued by the police and driven away in his car.
The Russian icebreaker ‘Vasily Golovnin’ left Buenos Aires this week for Antarctica to deliver equipment, fuel, food and general cargo to Argentina’s Antarctic bases.
There was considerable anticipation and speculation in the Falkland Islands on Tuesday as residents and visitors alike waited to hear Argentine president Cristina Kirchner’s much-publicized evening announcement.
A French photographer was stabbed to death Wednesday morning in Buenos Aires Plaza San Martin, after thieves tried to steal his camera while he was taking pictures of the monument honouring the Argentine Malvinas War memorial.
The latest round of imports’ restrictions imposed by the government of President Cristina Fernandez and how to address them have triggered a serious debate inside the ministerial cabinet of Uruguayan president Jose Mujica.
President Cristina Fernandez hopes to convince Brazil to join Argentina in its campaign against the multinational corporations in an effort to balance trade balances in the midst of the global crisis spurred by the Euro crisis, China’s slow reaction and the US economy which still has to recover from the full impact of the 2008/09 recession.
The 50th anniversary of the US trade embargo against Cuba on Tuesday was met with little fanfare on the island, where Cubans said it was a failed policy that had succeeded only in making their lives more difficult.
The Buenos Aires media revealed late Tuesday that Antonio Brufau, CEO from Repsol-YPF, which has a dominating position in the oil and gas market in Argentina met with top officials from the President Cristina Fernandez administration.