Ushuaia in Tierra del Fuego, extreme south of Argentina was again rattled this week with seismic activity of 5.3 points intensity in the Richter scale, although there were no human losses and minimum damage to property.
Argentina President Cristina Fernandez de Kirchner, CFK, cancelled a trip to China and called for a congressional committee to meet in an attempt to defuse the controversy over her plans to use Central bank reserves to pay for debts.
Turbulent political times seem to be wearing down Argentine President Cristina Fernandez de Kirchner and her lecturing style, forcing her to commit a full blown gaffe, given her long standing defence of human rights and condemnation of the abuses and disappearances committed under Argentine military regimes.
Argentine President Cristina Fernández de Kirchner's postponement of her trip to China is still causing repercussions. Argentine ambassador to China, César Mayoral, tried to minimize her absence, although he regretted that domestic affairs seem to be given more importance than foreign affairs.
Argentine president Cristina Fernandez de Kirchner, CFK, last minute decision to cancel next week’s ten day official visit to China alleging she did not trust Vice-president Julio Cobos in her post, has sent shockwaves across Buenos Aires foreign policy circles that fear the political consequences of such an action.
Argentine President Cristina Fernández de Kirchner announced Wednesday the unemployment rate had fallen from 9.1% to 8.4% in the last quarter of 2009.
Argentines disenchanted with their current government are taking their savings to refuge in neighbouring Uruguay where deposits of non residents have soared 20% during 2009, according to primary estimates from the Central Bank.
Argentine president Cristina Fernández de Kirchner announced Tuesday during a press conference at the Government House that she suspended her business trip to China because she does not trust in Vice-President Julio Cobos, and accused him of trying to block the decisions of the Executive Branch.
Argentine President Cristina Fernández de Kirchner will visit China next week as the country is in the middle of a controversy with Congress over a debt repayment plan which would appeal to Central bank resources but has been frozen by the courts.
Argentina and Brazil will be meeting early February in Buenos Aires to assess how bilateral trade has been evolving and to plan the following steps to keep improving trade relations between Mercosur senior members.