Argentines expect prices to rise 25% over the next twelve months, according to the median estimate in a monthly survey by Buenos Aires-based Torcuato Di Tella University. Expectations in August remained unchanged from last month’s report, the university said in an e-mailed report.
Argentina’s government shut down the Internet service provided by Grupo Clarín SA Fibertel unit, saying the company’s merger with Cablevision SA was illegal. The move is the latest in a fight between the media group Clarin and President Cristina Fernandez de Kirchner.
Argentina’s economic activity expanded 11.1% last June compared to the same month a year ago, anticipated President Cristina Fernandez de Kirchner during the celebration of the 126th anniversary of the Rosario Chamber of Commerce.
The Catholic Church again expressed “concern” about the increase in crime and insecurity during the opening of the 156th Episcopate Permanent Committee Summit presided by Cardinal Jorge Bergoglio.
Argentine president Cristina Kirchner has a better image but most interviews believe her husband Nestor Kirchner will finally be the incumbent presidential candidate in 2011, according to a public opinion poll undertaken by Poliarquía for Buenos Aires daily La Nación.
The number of tourists that arrived in Argentina during June increased 29.7% compared to the same month last year, according to a government report.
The Argentine foundation for the endowment of art and culture OSDE has opened an exhibition in Buenos Aires which recalls the Soviet invasion of Prague in 1968. The remarkable photographs were taken during one week in August of 1968, which capture the Soviet-led invasion of Prague.
The Argentina/UK relation must go beyond the Falklands/Malvinas conflict, said British ambassador Shan Morgan during a recent visit to Salta, one of Argentina’s most northern provinces famous for its landscape and agro-industry potential. She also praised Argentine labour and talent and was hopeful a trade agreement could soon be reached with the European Union.
Argentina’s annual inflation rate in July rose to the highest level since May 2006, led by higher costs for leisure goods and clothing. Consumer prices increased 11.2% from a year earlier and 0.8% from June the national statistics institute Indec, said.
Argentina is in the process of developing a satellite launcher which could become operational in three years time, making it the sixth country in the world with that capacity, according to a Sunday edition report in La Nacion.