
In a milestone speech on Tuesday anticipating the four years of her next mandate, Argentine President Cristina Fernandez disclosed she would continue with pro-growth policies but also added that a time of ‘fine tuning’ had arrived in which she was willing to address all issues including “investment and inflation” but not through the newspapers.

A draft bill signed by fourteen Argentine lawmakers from the political spectrum calls for all national teams to include in their uniforms the crest of the Islands and the motto “Las Islas Malvinas son argentinas” (The Malvinas islands are Argentine).The sponsors want the bill approved on time for the inauguration of the Olympic Games next year in London.

Planning Minister, Julio De Vido said that “Argentina is again aiming at the long term and this is only possible due to the numerous productive projects” in the country and the close articulation between the State and industry.

Argentine Industry Minister, Débora Giorgi, came on stage Tuesday at the Industrial Union’s annual conference to defend the “Kirchnerite economic model”, and warned that in order to keep an average growth of 7% as asked by businessmen, they would have to increase their annual investments to 30 billion dollars.

“Negotiations are on the right track” and should be concluded in coming months, said Uruguayan sources adding that one of the current difficulties is what will happen with the Argentine negotiating team, following December 10 when re-elected President Cristina Fernandez takes office for her second consecutive four year mandate.

The second of a planned series of extended political articles written exclusively for the Penguin News web site by Deputy Editor John Fowler.

Commercial flights in Argentina, Uruguay and Paraguay were cancelled or reprogrammed Tuesday morning because of disruptions caused by the hovering volcanic ash being blown from the Chilean Puyehue which erupted five months ago.

Argentine President Cristina Fernandez promised on Monday to continue defending with ‘tooth and nails’ the powerful wheel of domestic consumption that has boosted the current economic model but also admitted the existence of ‘distortions which must be corrected’.

Argentine president Cristina Fernandez received strong support from the industrial sector for her latest policy of eliminating subsidies which are widely extended in the economy, but manufacturers also called for prudence and gradualism.

Over a third of metropolitan Buenos Aires, 34.9%, live below the poverty line which is equivalent to 4.4 million people, more than double the official Argentine government estimate, according to a paper from the Argentine Catholic University, UCA, and the local Caritas chapter from the Catholic Church.