
Argentina's federal government has ordered supermarkets to offer a basket of 300 basic products at low prices amid a backdrop of what many economists say is one of the highest rates of inflation in the Americas.

The Rear Admiral who headed the landing and invasion of the Argentine forces in the Falkland Islands on 2 April 1982 died over the weekend. Carlos Büsser was under house arrest for his alleged participation in crimes against humanity during the last military dictatorship although he was never convicted.

The image of Argentine President Cristina Fernandez has fallen at 25.5%, to its lowest positive, very distant from the over 54% she enjoyed last November, following her sweeping re-election, according to a public opinion poll from consultants Management & Fit released over the weekend.

Former Economy Minister Domingo Cavallo assured that Argentina’s current problems are much more serious, than back in 2001 since nowadays “people are desperate because they want to preserve the value of their savings and the Government does not allow them to do so”.

President Cristina Fernandez speaking at Harvard University denied there was a “dollar clamp”, chided some students for making the same “monochord questions” as the Argentine media, attacked the IMF and finally described a question on her wish for re-re-election as ‘abstract’ since it does not depend from her or a single party.

Argentina has “stronger financial support than other countries” and will adopt tough policies to guard the nine years of economic achievements, said Economy Deputy Finance Minister Axel Kicillof addressing the Lower House Budget and Finance Committee to discuss the main guidelines for next year’s budget.

Argentine Foreign Minister Héctor Timerman met with his Iranian counterpart Ali Akbar Salehi at the United Nations headquarters in New York, and announced that they decided to continue negotiations through government officials from both ministries in Geneva next month.

Rating agency Moody's changed to negative the rating outlook on 30 rated Argentine financial institutions on Thursday. Moody's cut the outlook to negative from stable, as a reflection of the outlook change on the country announced last week.Moody's rates Argentina at B3, six levels into junk territory.

There can be no negotiations on the sovereignty of the Falkland Islands unless and until such time as the Islanders so wish was the official reply from the UK to remarks made by Argentine president Cristina Fernandez during her speech on Tuesday before the UN General Assembly.

An estimated two hundred protesters demonstrated on Tuesday in front of the hotel where President Cristina Fernández is staying at in New York, holding similar signs to the ones seen at the September 13 pot-banging massive protest in Argentina’s main cities.