Argentina's Defense Ministry agreed to purchase four long-range Lockheed Martin P-3 Orion aircraft from Norway at a cost of US$ 67 million to increase the South American country's patrolling capabilities in the South Atlantic, it was reported Friday in Buenos Aires.
As the under-20 football World Cup is to kick off Saturday in Argentina with four matches on the opening day, one Iraqi player has been accused by a female staffer of the La Plata hotel where the delegation is staying of having touched her intimate parts, it was reported.
The European Union is working on agreements with Argentina and Chile with the purpose of increasing access to critical minerals such as lithium, essential for the batteries of electric automobiles and to comply with the EU's less carbon-intensive economy guidelines.
Controversial Libertarian Deputy Javier Milei pledged to sell off all of the State's assets, legalize the free carrying of weapons, privatize the health system, impose cuts in pension expenses, eliminate the compulsory nature of sex education in schools, and restrict the entry of foreigners, among other ideas if he is elected President of Argentina.
A team of researchers from the Center for Plant Protein Research (CIProVe) and the Center for Research and Development in Applied Sciences Dr. Jorge J. Ronco (Cindeca), both from the School of Exact Sciences of the National University of La Plata (UNLP) announced that the fungus Candida antarctica has a series of properties that make the manufacture of Ibuprofen more efficient, Diario Hoy reported.
As Argentina raised the interest rate to 97% and adopted other measures such as the opening of food imports to control inflation while at the same time further restricting people's access to foreign currency, the “Blue” (a euphemism for “black market”) dollar rose again Monday to AR$ 483, it was reported in Buenos Aires.
The governors of the Argentine provinces of La Pampa, Salta, and Tierra del Fuego were reelected Sunday. Meanwhile and following a Federal Supreme Court ruling, San Juan and Tucumán had to postpone their gubernatorial elections, but the former voted for local authorities anyway, while the latter adjourned the process altogether.
Argentine authorities Sunday announced a set of measures to tackle inflation, which include more active involvement in the foreign exchange market. But the most striking of them all was the opening of food imports at zero tariffs to hit local producers who over-benefitted from protectionism.
Argentina's National Institute of Statistics and Census (Indec) Friday announced that inflation for the month of April of 2023 was 8.4%, way above all projections. Interannually, the Consumer Price Index (CPI) reached 108.8% and the accumulated variation in the first four months of the year was 32%. It is the highest monthly inflation since April 2002 (10.4%) and the highest year-on-year figure since 1991. Since Alberto Fernández took office in December 2019, prices increased 448%.
Argentina's two only lithium exporters -Allkem (Australia) and Livent (LTHM)- have announced a multi-billion dollar merger. The companies operating in Catamarca and Jujuy will launch a new company valued at US$10.6 billion, it was reported.