Argentina

Monday, November 13th 2017 - 08:30 UTC
IMF mission praises Macri's reforms but warns on inflation and budget deficit

An IMF visiting team in Buenos Aires concluded its annual review of Argentina's economy and praised the efforts of President Mauricio Macri's nearly two-year-old government to transform the economy saying it has yielded “significant” gains, but also warned that risks remain.
Monday, November 13th 2017 - 07:06 UTC
Falklands demining operations at Port Harriet Farm, Mt Longdon and Goose Green

DYNASAFE Bactec recently returned to the Falkland Islands to continue demining operations, namely the completion of Phase 5a by March 18. “The break of around 10 weeks has allowed us all to recharge our batteries to finish these remaining tasks,” said Project Manager Julius Unsung.
Saturday, November 11th 2017 - 08:55 UTC
YPF will relocate investment from natural gas to crude oil, because of changes in subsidies policy

Argentina's state-run oil company YPF is “disappointed” by cuts to the government's natural gas production subsidies and will re-allocate investment toward crude oil production.
Saturday, November 11th 2017 - 08:46 UTC
Argentina cancels proposed tax on wine included in a fiscal reform

Argentina’s government has decided to ditch a proposed tax on wine after vineyards complained the measure would cripple the industry, the governor of the country’s top wine-making province said.
Friday, November 10th 2017 - 01:02 UTC
Argentine inflation forecasted to end at 21% this year and 14.3% in 2018

Argentina's annual core inflation forecast for the end of 2017 rose by 0.7 percentage point (pp) in November to 21%, according to a monthly survey conducted by the Argentine central bank. For 2018, analysts estimated a 14.3% annual inflation, from 14% in the previous survey.
Thursday, November 9th 2017 - 08:39 UTC
Argentina will receive five refurbished Super Etendard fighter planes

France has sold five used Super Étendard fighter planes to Argentina, which has an outdated military fleet and is hosting large international events in coming months, the French ambassador in Buenos Aires said.
Wednesday, November 8th 2017 - 14:27 UTC
The Mayor of Buenos Aires met Sadiq Khan to discuss global cities challenges

The Mayor of Buenos Aires Mr. Horacio Rodríguez Larreta met his peer Sadiq Khan in London City Hall on Monday to discuss urban development strategies that both global cities are pursuing.
Wednesday, November 8th 2017 - 12:23 UTC
Argentina central bank raises basic rate to 28,75% to contain inflation expectations

Argentina's central bank raised its policy rate to 28.75% on Tuesday, up from 27.25% previously, as inflation expectations rise, the monetary authority said in a statement. It was the bank's second consecutive hike after a long period of holding the rate steady.
Wednesday, November 8th 2017 - 10:26 UTC
Macri optimistic about reaching a Mercosur/EU trade deal by end of the year

Argentine president Mauricio Macri who has made signing trade deals a priority, said he was optimistic that Mercosur, the trade bloc formed by Argentina, Brazil, Paraguay and Uruguay, would be able to conclude a free trade deal with the European Union by year-end despite differences over beef, ethanol and other agribusiness matters.
Wednesday, November 8th 2017 - 07:10 UTC
Gendarmerie report says Nisman was beaten and drugged by two attackers who then staged his suicide

A new report summarizing the findings of an Argentina police probe into the mysterious death of Alberto Nisman, who accused Argentina's government of covering up Iranian involvement in the bombing of a Jewish community center in 1994, has determined that the prosecutor was murdered.