Argentina's government, unions and industry leaders agreed this week to raise the minimum wage by 23%, more than twice the official annual inflation running at 11%.
Argentina’s most powerful business organizations and personalities made a strong presentation in support of the legal system and the private sector as indispensable conditions for a sustained and continued economic development that includes all Argentines.
Argentine Foreign Affairs minister Hector Timerman said he held a “very important meeting” with Gualeguaychú Assembly members after the group of activists requested to be given an explanation of the upcoming joint monitoring of the River Uruguay recently agreed by Argentina and neighbouring Uruguay.
Contaminators “beware, the time of reckoning is coming” warns Enrique Martinez Argentina’s president of the National Institute of Industrial Technology, INTI who in a brief opinion column praises the recent agreement reached between Uruguay and Argentina to monitor the River Uruguay and ensure the non contamination of the shared water course.
Argentina's GDP will reach 7% this year based on a strong domestic demand, Economy Minister Amado Boudou said on Wednesday. The announcement follows earlier in the week reports that the Consumer Confidence index ICC has increased 2.9% in July over a year ago.
India and Argentina signed in New Delhi on Monday a joint agreement for the development of technical and professional cooperation in the agricultural sector and to foster trade of plants and animal products between the two countries.
Argentina is drawing on central bank profits to meet financing needs, putting off plans to sell its first international bond since 2001 as yields tumble. The central bank’s board on July 29 approved a transfer of 3 billion pesos (762 million USD) from the bank’s 23.5 billion pesos in 2009 profits to the government, following a 1.5 billion peso transfer in February, spokesman Fernando Meanos said.
The head of the Argentine Rural Society (SRA) Hugo Biolcati demanded the government of President Cristina Kirchner to leave pride aside and said that they should open a window of the intolerance wall because we are a country thrashed with corruption, exclusion and poverty.
An actor and his agent sealed Friday in Buenos Aires their 34-year relationship and years of struggle to have their rights acknowledged as they became the first same-sex couple to be married under Argentine law.
The Uruguayan government and opposition expressed deep satisfaction with the agreement reached with Argentina for the monitoring of the River Uruguay which did not include ‘detrimental sovereignty issues’ and sealed the end to a long standing conflict.