The World Bank lowered its forecast for Argentine growth for the next two years, noting it expected the economy to see a large rebound in 2018 thanks to the monetary and fiscal policies implemented by President Mauricio Macri’s administration.
Uruguayan President Tabare Vazquez and Argentine counterpart Mauricio Macri agreed on Thursday that their countries will present a joint bid to host the World Cup in 2030, a century after Uruguay was the site of the first tournament.
Uruguay and Argentina presidents Tabare Vazquez and Mauricio Macri made on Thursday several announcements referred to bilateral issues indicating relations between the two neighboring countries have effectively improved following years of tension and misunderstandings with the governments of Nestor Kirchner and Cristina Fernandez.
The United Kingdom has reiterated that the sovereignty of Gibraltar is not a matter for discussion or negotiation with Spain. This follows a call by the Spanish Foreign Ministry for a resumption of bilateral dialogue with the UK over Gibraltar.
For the first time in twelve years and Argentine president will be attending the World Economic Forum in Davos, Switzerland that runs between January 20-23. President Mauricio Macri will be present together with ally Sergio Massa, leader of dissident Peronist Renewall Front, in order to attract investment.
Uruguayan president Tabare Vazquez will host on Thursday his Argentine peer Mauricio Macri to address several controversial issues from the bilateral agenda which are pending from the twelve years of the Kirchner couple. According to Uruguayan sources they include trade, River Plate channels and navigation, ports and pulp mills among other issues.
Spanish vertically integrated seafood company Iberica de Congelados (Iberconsa) will invest up to €27 million in its Argentine and Namibian operations, the company's CEO announced. Following its private equity Portobello Capital majority stake acquisition in Iberconsa, the seafood company will carry out a “strong investment plan” to boost Argentina shrimp output and to enhance Namibia's plant capabilities in value-added production.
An Argentine flagged sailing vessel, “Galileo” left on Sunday from Mar del Plata for an 18 days tour of the South Atlantic following the path of the Argentine navy and merchant vessels during the 1982 conflict. In a later expedition plans are for “Galileo” to reach the Falkland Islands.
Argentina's January 3rd. statement on the Falkland Islands dispute claiming sovereignty and calling for dialogue with the United Kingdom has received a low key but strong response from the Foreign Office, according to the Mail on line.
Canada finally made official the opening of its market to Argentine boneless beef, both fresh and frozen. This happens after thirteen years of negotiations, according to an end of the year release from the Argentine ministries of foreign affairs and agriculture and livestock, and the Argentine animal sanitary office. The decision became effective last 17 December.