Workers are committed to a general strike in recession-hit Argentina on Thursday, drawing complaints from conservative President Mauricio Macri as he prepares to host leaders and business people for an economic forum.
Standard & Poor's raised Argentina's credit rating one notch Tuesday, from B- to B, saying Latin America's third-largest economy was on the verge of exiting recession.The rating bump gives a boost to conservative President Mauricio Macri, who has launched sweeping - often unpopular - economic reforms aimed at reviving growth.
An Argentine court on Tuesday prosecuted ex president Cristina Fernandez and her children, Maximo and Florencia, as alleged heads of an illicit organization to launder money in association with public works contractors. The ruling includes the seizure of family assets equivalent to US$ 8.5 million and handing over their passports.
FIH Group PLC said on Monday it still views a potential takeover approach from Dolphin Fund Ltd as unwelcome and recommends an existing bid from Staunton Holdings Ltd.
Comodoro Rivadavia, in Argentine Patagonia, also known as the Oil capital of the country is estimated to have experienced an 80% destruction of the city, according to a first report from an Army engineers' battalion sent to set up bridges and repair highways. The city suffered a week of historic torrential rains (330mm) and strong winds with flooding, mudslides which swept away with bridges and tracts of roads and major highways.
Aerolineas Argentinas inaugurated on Monday the Atlantic Corridor which will have daily flights between Buenos Aires, Mar del Plata, Bahía Blanca, Trelew, Comodoro Rivadavia and Ushuaia in Tierra del Fuego.
Argentine president Mauricio Macri underlined that dialogue will facilitate the Malvinas sovereignty non-renounceable claim and ensure that it is really effective. The Argentine leader was addressing a delegation of Malvinas Fallen Relatives and Veterans, at the Olivos presidential residence on Sunday which marked the 35th anniversary of the beginning of the South Atlantic conflict in 1982.
Tierra del Fuego governor Rosana Bertone called the Falkland Islanders fueguinos and invited them to integrate based on respect for cultural diversity. Ms Bertone was addressing the crowd on Sunday at the Malvinas Fallen monument in Ushuaia on Sunday, 35th anniversary of the Argentine military invasion of the Falklands and which according to the local calendar is the Malvinas Veterans and Fallen Day.
Argentina will never cease to claim Malvinas Islands sovereignty, but intelligent paths to advance on that purpose must also be found, said Ministry of Interior, Public Works and Housing Rogelio Frigerio on Sunday, in Ushuaia, during the main official event on the 35th anniversary of the beginning of the 1982 conflict with the United Kingdom.
“Twice Great Britain offered to return Falklands/Malvinas sovereignty to Argentina, and Argentina frustrated the two opportunities”, and one of those offers involved the government of Margaret Thatcher, revealed diplomat Andrés Cisneros, Argentine deputy foreign minister with Guido Di Tella in the nineties.