Argentine acting President, Vice-President Amado Boudou called on businessmen and union workers to act with “responsibility” in direct reference to the upcoming round of wage negotiations that will be held later this year and unions have anticipated will have to be referred to workers “pocket” inflation.
Argentine Foreign Minister Héctor Timerman echoed the statements made by UK’s Prime Minister David Cameron in which he accused Argentina of colonialism, and counter attacked by saying that “it catches one’s attention to hear such statements when Great Britain and Colonialism are synonymous.”
The Argentine government has began a round of consultations with the manufacturing sector to determine which capital goods from non Mercosur members can be listed for a higher common external tariff as was recently agreed by the trade block.
British Prime Minister David Cameron has accused Argentina of colonialism over the country's claim to the Falkland Islands. Speaking at Prime Minister's Questions in the Commons, Cameron vowed to protect the Islands' population and allow them to decide their own future.
Argentine corn and soy farms will suffer from hot weather and scant rains for the rest of this week, forecasters said on Tuesday, increasing worries that crop losses will eat into global supplies.
Argentina won a US appeals court decision throwing out a 185 million dollar award to the UK BG Group Plc, which claimed the country’s freeze on natural gas prices caused the bankruptcy of a local gas distributor it controlled.
The US Supreme Court has asked President Barack Obama's administration for its views of a ruling that unfroze 105 million dollars of Argentina's central bank deposits in a setback for two US investment funds that sought to seize the money to satisfy their claims from Argentina’s debt default a decade ago.
In another round of the ongoing battle between the Argentina government and the leader of organized labour Hugo Moyano, Interior Minister Florencio Randazzo stated that “if the union leaders are really representatives of the working class, there is no possibility of a divorce between the CGT Labour Confederation and the national government”.
The presence of a cloud of ash caused by a volcano in Chile has again closed an airport in neighbouring Argentina just days after it had re-opened anticipating massive losses for the tourism and the resort’s finances.
A Royal Navy veteran from the Falklands War has completed an extraordinary journey to meet the Argentine pilot he thought he had shot down and killed during the 1982 conflict.