A bill aimed at facilitating the return of 7.000 Argentine scientists currently working abroad, known as the Roots program will be considered the country's Senate. The bill has Lower House approval.
Argentine Rural and Stevedores' Workers Association secretary-general Gerónimo Venegas warned that, ”if the national government fails to implement a set of policies for the cattle and agricultural sector, next year the price of beef will climb up to 100 pesos (approximately 30 US dollars)”.
Argentine president Cristina Fernandez de Kirchner arrives Saturday in Brazil to consolidate the strategic integration alliance and hopefully return with investments and impregnated with the dynamic spirit of Latinamerica's largest economy.
The Argentine Congress authorized this week the purchase of the country's air flag carrier Aerolineas Argentinas and subsidiary Austral which are under the control of Spanish tourism group Marsans. But the process is far from over and operational debts keep mounting.
Argentina's Senate voted on Wednesday night the nationalization of flag air carrier Aerolíneas Argentinas, privatized 18 years ago and lately managed by the Spanish group Marsans.
Angry commuters have set fire to train carriages on Thursday in metropolitan Buenos Aires to protest morning rush hour delays. The police reported several arrests and the Argentine government blamed leftist activists for the incidents.
Argentina will repay its 6.7 billion US dollars of pending debt with the Paris Club group of creditors, seeking to ease companies' access to financing as growth slowed and growing signals from risk rating agencies indicated the country was heading for a default scenario if no changes were implemented to economic policies.
Rising fuel prices, tax and wage increases, and market instability in terms of the future has stoked great concern and uncertaintly among those involved in the national fishing sector.
After the four-month conflict with the Argentine government over the hike in grains and oilseeds export duties, farmers began protesting again last week in the interior of the country demanding an end to President Cristina Fernandez de Kirchner administration's inaction.
Argentina will be making a formal presentation before United Nations claiming Antarctic sea bed sometime in early 2009 it was announced this weekend in Buenos Aires. The issue is back in the headlines following the UK's claim presentation involving St Helena and Ascension islands in the mid Atlantic.