Salvador Rosetti Serra, a 79-year-old retired lawyer, yesterday became the first Argentine citizen in almost two years to cross to Fray Bentos, Uruguay, through the roadblock being held by environmental activists on international Route 136, in Entre Ríos. He presented a ruling issued by Federal Judge María José Sarmiento, ordering the demonstrators to let him pass.
Argentine and Chilean government and private oil companies announced Wednesday they would be investing 150 million US dollars to search for hydrocarbons in the South Atlantic.
Argentine president Cristina Fernandez de Kirchner and Chile's Michelle Bachelet figure among the hundred most powerful women in the world according to a list released Wednesday by the US magazine Forbes.
The Argentine Central Bank president Martin Redrado said that there's no floor on sight for the international financial markets crisis, but in recent months for the first time in decades, Argentina managed to stop a run on the bank's reserves.
Argentina will meet all its debt obligations in 2008 and 2009, said Cabinet chief Sergio Massa addressing investor concerns that political tensions could reduce its budget surplus and slow its debt payments.
Argentina could be forced to import beef by 2012 if current policies are not modified, but current tonnage could increase by 50% if rules are changed, warned the Argentine Regional Consortia of Agriculture Research, Aacrea.
Argentine fisheries exports reached 318.372 tons and 657.5 million US dollars respectively during the first seven months of 2008 which represents a slight 6% increase in dollars over the same period a year ago, according to the latest figures released by the country's food safety office, Senasa,
Fisheries in Argentina has become a non profitable business according to several industry chambers mostly based in Mar del Plata where 50% of the country's fleet is docked and a significant percentage of total catches are landed.
Accumulated inflation in Argentina over the last 12 months by the end of July was 28%, with food prices having risen 39% in that period and index-linking already beginning to take place, according to economist Carlos Melconian.
Wheat production in Argentina will suffer a steep decline because of the government' inefficient agriculture policies claimed the leader of one of the country's main farmers' organizations.