
With inflation far from target and increasing consumer prices, Argentina is investigating firms including Danone, Procter & Gamble, Fargo, miller Cañuelas, abattoir Paledini and Unilever, along with food producers like Bunge, accusing them of deliberately holding back production.

Argentina on Tuesday reported 4,003 new COVID-19 cases and 106 deaths in the past 24 hours, raising the total caseload to 2,033,060 and the death toll to 50,432, the health authorities said. Since the first case was detected on March 3, 2020, some 1,838,291 people infected with the virus have recovered, the health ministry added.

The largest predator in South America, the jaguar, has returned to the Iberá wetlands in Argentina 70 years after the species was driven to local extinction through hunting and habitat loss. Currently, only about 200 jaguars remain in Argentina.

Argentina’s powerful vice-president Cristina Fernández de Kirchner and her allies in the leftwing administration want to postpone a crucial US$ 44bn debt deal with the IMF until the pandemic has eased, officials said, avoiding painful spending cuts before October’s midterm elections.

Argentina's Health Ministry on Monday said 91 COVID-19 deaths in the past 24 hours have raised the country's total death toll to 50,327. According to the ministry, tests have detected 3,259 new COVID-19 infections, bringing the nationwide count to 2,029,057.

The Argentine government expressed deep concern following a report in the official twitter from the United States Commander Submarine Force Atlantic, (Comsublant) in which it reveals that it had recently operated in the South Atlantic, “with British support” from the Falklands, “in a display of the global reach of both nations.”

Former Argentine president Carlos Menem died at the age of 90 on Sunday in a clinic in Buenos Aires, where he was admitted in December with a urinary tract infection. The president ruled Argentina during a time of short-lived economic stability and he enjoyed an often flamboyant lifestyle.

Argentina's Consumer Price Index, CPI rose in January for the second month running 4%, questioning the government's target of 30% inflation in 2021. In effect twelve-month inflation reached 38,5% in January, following on the 4% for December, according to the latest release from the country's stats office, Indec.

UBS BB Investment Bank, a joint venture between UBS Group AG and Banco do Brasil SA for South America, reached a collaboration agreement with Argentina’s Banco Patagonia SA.

Argentina is planning to reach an agreement with the International Monetary Fund (IMF) on a new restructuring program by May, an ambitious timeline according to the IMF’s Western Hemisphere Director Alejandro Werner.