Argentina made a technical presentation last week before the UN Commission on the Limits of the Continental Shelf, CLCS, on the exterior limits of the Argentine shelf in which the claimed territories of the Malvinas, South Georgia, South Sandwich Islands and ‘Argentine Antarctica’ were included.
The Buenos Aires Province Senate on 2 August passed a law last week banning British flagged vessels associated with activities in Falkland Islands waters from calling at Argentina’s largest ports.
Foreign Minister Hector Timerman said that Argentina “is ready to sign” the deep dredging of the River Plane access canal Martin Garcia but warned that before doubts generated by Uruguay’s National Auditing Office regarding the performance of dredgers’ Riovía during the tender process, must be resolved.
Buenos Aires City one million commuters will be punished with yet another day, ten running, without subways as no agreement was reached between the striking workers with the Metrovias company.
Argentina’s minister of Defence called on the UK “to sit and dialogue” over the Falklands/Malvinas sovereignty and warned that the British military presence in the South Atlantic “is the only element that upholds the usurpation of that part of our national territory”.
The Uruguayan construction industry faces tough years ahead because of the international crisis and its effects on neighbouring Argentina, forecasted economist Jorge Caumont who is also an advisor of several real estate agents.
Trade with China for Argentina has great opportunities but also great threats because the Asian giant is only interested in produce with no added value, warned the head of Argentina’s Industrial Union, Ignacio De Mendiguren.
Argentina tightened its grip on the country's energy sector on Friday by ordering a tax hike on bio-diesel exports, a move it said was needed to make domestic fuel prices more affordable, but denied market rumours that it will increase a soybean export tax.
Official consumer inflation in Argentina reached 0.8% in July accumulating 9.9% in the last twelve months and 5.9% in the first seven months of the year, according to the Indec statistics bureau.
Buenos Aires subway splinter workers union announced Friday evening that they failed to reach an agreement with licensee company Metrovías and that the strike will continue for another 24 hours.