President Cristina Fernandez de Kirchner announced Friday that Argentina’s economy is 2010 expanded 9.1% and unemployment in the fourth quarter experienced a further drop and now stands at a record low of 7.3%.
A same sex couple, members of Argentina’s Federal Police and with the same rank, promised eternal love at a simple, warm and joyful ceremony in Buenos Aires City downtown Tribunals’ palace.
Argentina and Brazil agreed Friday to set up a Monitoring Committee in order to exclude Brazilian products from being affected by the imports non-automatic licence system announced this week by the administration of President Cristina Fernandez de Kirchner.
The chairman of the Uruguayan Chamber of Industry, Washington Burghi, warned that Argentina’s decision to restrict imports could be “the beginning of the end” for the Mercosur. However Argentine ambassador in Montevideo said decisions are targeted against Asian imports with the purpose of defending Argentine jobs.
The International Monetary Fund will warn G20 finance ministers this weekend of growing risks to the world economy from surging food prices and public finances while also advocating a somewhat weaker dollar.
A good crop year for Argentine farmers and the government: export revenue will be up 4 billion US dollars and the tax man will bag an additional 888 million US dollars according to estimates from local grain dealers.
The number of foreign tourists visiting Argentina jumped 27.1% in 2010 compared to the year before, while dollars spent increased 25.9% according to air and sea arrivals and City of Buenos Aires numbers compiled by the country’s Statistics and Census Office, Indec.
US Assistant Secretary of State for Public Affairs Philip Crowley assured that the US government “has no reason to apologize” to Argentina in the case of the “sensitive materials” that were seized in a US Air Force plane by the local government last week, amid accusations of “attempting to smuggle surveillance and communications equipment.”
Argentina's industrial production in January continued to expand at a quick pace, led by strong output of machinery and equipment, food, non-metallic minerals and chemicals, a local think tank reported Wednesday.
Imports restrictions imposed this week by the Argentine government with the purpose of “preserving the re-industrialization process” cover approximately 200 products totalling annual imports of a billion US dollars, according to preliminary reports.