
Argentine President Cristina Fernandez de Kirchner and her cabinet signed Thursday a disputed decree removing Central Bank President Martin Redrado from office amid a fight over the use of bank reserves to pay debt due this year.

The Argentine government accepted on Wednesday the resignation of its ambassador in Uruguay, Hernan Patiño Meyer who has been involved in a political controversy following comments praising Uruguayan president-elect Jose Mujica.

A political standoff over the head of Argentina's central bank materialized Wednesday after the bank's president declined to support a plan to use 6.5 billion US dollars in reserves to pay debt.

Argentina, the world’s second-largest corn exporter could increase output by more than 42% this year from initial estimates as spring rains boost yields to a record, the country’s main corn growers group said.

Argentina declassified and has made public all documents and information related to military activities for the period extending from 1976 to 1983 when the country was ruled by the Armed Forces, However decree 4/2010 excludes all information and documents related to the South Atlantic (Falklands/Malvinas) conflict and any other inter-state conflict”.

Puerto Madryn in Argentine Patagonia expects a considerable fall in the number of cruise calls following Norwegian Cruise Lines decision to stop operating in the Valparaíso/Buenos Aires tour in the next 2010/2011 season.

Buenos Aires City Mayor Mauricio Macri tossed his hat into the 2011 Argentine presidential ring by saying that it would be a “boyhood dream” to face off against ex-president Néstor Kirchner next year. “We are building a candidacy” he underlined.

Private consultants estimate that Argentina’s inflation in 2009 and in spite of the devalued government statistics was the third highest in the world behind the Democratic Republic of Congo and Venezuela.

Argentine car manufacturers are looking ahead with great optimism to what they consider an “excellent” 2010 when they expect to break several records, according to Cesar Luis Ramirez Rojas, president of the Argentine car manufacturers association

Argentina is a nation that prides itself on having more cattle than people but because of erred policies may soon be forced to import beef to keep its meat-loving citizens happy at the dinner table.