The International Monetary Fund will use estimates from the private sector and provincial governments to measure economic growth and inflation in Argentina, underscoring the IMF distrust of official data.
Argentine President Cristina Fernández de Kirchner was invited to visit Chile during a meeting she held in New York City with her Chilean counterpart Sebastián Piñera on the sidelines of the UN General Assembly.
Argentine president Cristina Fernandez de Kirchner, CFK, threatened to review and suspend the Falklands/Malvinas air link with Chile, covered by the 14 July 1999 agreement, unless the UK abides by UN resolutions and begins talks with Argentina on disputed South Atlantic Islands’ sovereignty.
The Argentine government plans to trim its dependence on central bank reserves to pay debt next year after tapping savings to slow depreciation of the Peso, according to its draft 2012 budget.
The IMF forecasts Uruguay’s economy will expand 6% in 2011 and 4.2% the following year. Estimates are in line with targets made public by Uruguay’s central bank.
Sales in Uruguay’s main livestock show, --the 2011 edition of Expo-Prado--, totalled 765.000 dollars and 245.5 animals which is a significant improvement over the previous year (in numbers and dollars) but also because Uruguayan genetics was exported to Mercosur neighbours.
Argentina and China launched an agreement to exchange tax information involving physical persons, business associations, trust funds, foundations and any entity liable of fiscal responsibility.
Following on eleven days of activities including search and rescue operations and survival in Antarctic territory, Chilean and Argentine army patrols ended on Sunday the “SAR Land 2011” exercise in the framework of the Argentine-Chilean combined Antarctic rescue patrol program, Paracach.
Jorge Capitanich, governor of the northern province of Chaco and a close ally of Argentine President Cristina Fernandez de Kirchner was re-elected Sunday by a landslide difference of 30 points over his runner up.
United Nations Argentine ambassador Jorge Argüello said that the isolation chapter is over, “Argentina is back in the international arena displaying participation and leadership”, something that will be clearly exposed by President Cristina Fernandez when she addresses the UN assembly this week.