The Fitch rating agency decided to maintain a positive rating outlook for Argentina, although it warned about the effects of inflation.
Buenos Aires City Mayor Mauricio Macri’s campaign advisor Jaime Durán Barba considered that President Cristina Fernández de Kirchner “must have done something right” to get so many votes in last Sunday’s primary elections, and assured that the Alfonsín-De Narváez alliance “is the one that lost most votes.”
Argentine President Cristina Fernández de Kirchner, CFK, demanded a “cultural change” from business and corporate leaders so as to bring down imports and increase the supply of goods and services, as well as doubling investments, while the State ‘stimulates demand’.
South American grain and oilseed production may be in jeopardy from the formation of a La Niña weather pattern, which might curb rainfall in parts of Brazil and Argentina, Oil World said.
President of Brazil, Dilma Rousseff, congratulated President Cristina Fernández de Kirchner, CFK, on Tuesday, following the results of the primary elections on Sunday in which she led by over 50 points.
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.
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.
Argentine President Cristina Fernandez de Kirchner was by far the undisputed winner of Sunday’s first-ever simultaneous national primary elections after she was the most voted presidential candidate in all provinces except for San Luis, where the votes went to Alberto Rodríguez Saá.