Argentina has assured India of reviewing a ban on imported pharmaceutical products and announced the purchase of drugs worth 150-200 million US dollars from Indian firms, a statement said Wednesday.
A day before Tuesday’s round of talks between Argentina’s organized labour (CGT) and the Industrial Union (UIA) to consider the possibility of a ‘social pact’ to help contain prices (inflation), the government expressed support for a law sponsored by unions that requires companies to distribute 10% of profits to workers.
The Argentine economy is poised to expand by 6.5% or more this year, and unemployment may hover at the lowest level in two decades, the central bank said.
Argentine writer and human rights militant Ernesto Sabato died at his home on Saturday morning at the age of 99. He has been suffering from bronchitis. A physicist by training he became famous because of his writing; however he had not produced any works for quite some time.
Argentina's powerful organized labour leader Hugo Moyano called for President Cristina Fernandez, CFK, to run for re-election but also asked for greater labour participation in the ballot lists, sharing companies’ profits and seats in the boards of the main corporations.
Argentina’ Foreign Affairs minister Hector Timerman and his Chilean peer Alfredo Moreno will lead next Monday in the Vatican homage to John Paul II for his 1978 successful mediation in preventing a full fledged armed conflict between the two neighbouring countries.
Argentina's construction activity was up 4% in March from the same month a year ago, the smallest increase in at least 15 months. In comparison, construction activity in March 2010 was up 12.8% on the year.
Argentina will press ahead with plans to develop a small-scale nuclear reactor over the next three years, even when last month‘s disaster in Japan prompted countries such as Germany and Brazil to reconsider projects.
“IN the face of bombast you can show reason and humanity” was the message a Foreign and Commonwealth Office (FCO) official carried to the Falklands this week.
Former Argentine president Carlos Menem (1989/1999) forecasted ‘a hands-down’ victory for President Cristina Fernandez de Kirchner next October, although he also forecasted that when her four years are up “it will be the end of Kirchnerism”.