Argentina

• Monday, May 9th 2016 - 07:14 UTC

  Jobs, layoffs and severance payment at the heart of Argentina's public debate

  

  Unemployment and jobs are in the heart of public debate in Argentina. A public opinion poll released last week revealed that 48.3% of Argentines fear he/she or a relative might lose their jobs in the next six months.

• Saturday, May 7th 2016 - 06:20 UTC

  Lord Price said UK and Argentina at the start of a new era of bilateral relations

  

  British Trade and Investment Minister, Lord Price said that Argentina and the UK are at the beginning of a new era in bilateral relations and in an excellent position to turn common interests into concrete business interests. Lord Price together with a mission of UK top business leaders ended on Friday a two-day visit to Argentina, the first in ten years.

• Friday, May 6th 2016 - 08:32 UTC

  Four million Argentine children live in poverty conditions, according to Unicef

  

  Almost four million children in Argentina are poor and 8.5% live in extreme poverty, according to a report from UNICEF which measures multidimensional poverty which considers 28 indicators such as nutrition, access to healthcare, exposure to violence, among other more traditional references.

• Friday, May 6th 2016 - 07:54 UTC

  British ambassador celebrates 'the renewed and revitalized' UK/Argentina bilateral relationship

  

  On 28 April, the British Ambassador’s Residence in Buenos Aires welcomed more than 400 people to celebrate the 90th birthday of Queen Elizabeth II. The last time that Buenos Aires held a celebration like this was in 2009 and it was an opportunity to praise the resumption of bilateral ties.

• Friday, May 6th 2016 - 07:27 UTC

  First UK trade mission in ten years begins contacts in Argentina

  

  British Trade and Investment Minister, Lord Price, leads the UK’s first trade mission to Argentina in ten years, which arrived in Buenos Aires on Thursday. The mission looks to strengthen trade and investment relations with the third largest economy of Latin America.

• Friday, May 6th 2016 - 06:38 UTC

  Bad news for Macri: Moody's forecasts Argentine economy will shrink 1.5%

  

  Despite the Argentine government’s forecast of a much better economic scenario in the second half of the year, credit rating agency Moody’s disagrees, saying the economy is set to shrink by 1.5%, followed by a growing unemployment and an inflation rate well above 30%.

• Thursday, May 5th 2016 - 11:27 UTC

  Petrobras sells stakes in Argentina and Chile, part of major divestment plan

  

  Brazil’s state-run oil firm Petrobras said it has concluded the sale of its 67.2% stake in Petrobras Argentina to Argentina’s Pampa Energía for US$ 892 million, according to a securities filing. Petrobras also sold all of Petrobras Chile Distribución to Southern Cross Group for about US$ 490 million as part of its divestment program, the company said.

• Thursday, May 5th 2016 - 09:42 UTC

  Argentina farm exports soar in first quarter following elimination of taxes and controls

  

  Argentine farm exports rocketed 68% higher in the first quarter compared to the same 2015 period, thanks to new policies that prompted growers to sell stockpiles built up under the previous administration, the government announced.

• Thursday, May 5th 2016 - 05:17 UTC

  The Falklands/Malvinas 'pending issue' will be addressed by Malcorra in London beginning with confidence building

  

  Argentine foreign minister Susana Malcorra said she plans to meet with British officials to address a multiple agenda and a “pending issue”, in the framework of a transparency meeting scheduled to take place in London.

• Wednesday, May 4th 2016 - 08:40 UTC

  Argentine unions claim April inflation reached 5% and 40.85% in 12 months

  

  Inflation in Argentina during April reached 5.02% and 40,85% in the last twelve months according to the unions umbrella organization CGT Economic and Social observatory, which was released on Tuesday.