Argentina's Defense Minister Jorge Taiana met Monday with General Laura Richardson, head of the US Southern Command, to discuss bilateral issues.
The “blue” (a euphemism for “black market”) dollar closed rose by AR$ 8 and closed at AR$ 408 Monday, reaching a new all-time high, it was reported in Buenos Aires. It had closed at AR$ 400 on Friday. The Argentine Central Bank bought US$ 73 million to add to its dwindled coffers.
Football's governing body FIFA Monday confirmed Argentina will be hosting the U-20 World Cup between May 20 and June 11 after Indonesia was disqualified as the organizer for refusing to welcome Israel's team. Hence, Argentina -as hosts- will participate in the tournament instead of Indonesia, after failing to make it through the qualifying round.
Ushuaia, the extreme southern port in the Argentine Tierra del Fuego province is preparing for the inauguration of its extended port and logistics facilities sometime in the coming weeks but is also requesting more funds from the central government given the growing demand for berthing and the fact that cruise vessels are being built ever so larger.
The Argentine Patagonian provinces of Río Negro and Neuquén have new governors-elect after Sunday's elections. Opposition candidate Rolando Figueroa brought Movimiento Popular Neuquino's rule to an end after four decades and former Río Negro Governor Alberto Weretilneck was elected back into office. Figueroa and Weretilneck currently hold seats on the federal Lower and Upper Houses respectively.
Argentina's Cabinet Chief Agustín Rossi admitted the administration of President Alberto Fernández was losing the battle with inflation. “We thought we were getting there, but we weren't,” Rossi was quoted as saying by local media. “Nobody can be happy, least of all us”, he added.
Inflation for the month of March was reported to have reached 7.7% for a 104.3% interannual and 21.7% in the first quarter of 2023, the National Institute of Statistics and Censuses (Indec) said Friday. In February, the Consumer Price Index (CPI) rose by 6.6%.
Argentine Foreign Minister and US Deputy Secretary of State Wendy Sherman met Friday in Buenos Aires to further discuss a bilateral agenda set out during the March 29 summit at the White House between Presidents Joseph Biden and Alberto Fernández.
Argentina's Security Minister Aníbal Fernández Thursday warned of the consequences of the opposition winning this year's presidential elections and foresaw “streets full of blood and dead people” should either Patricia Bullrich or Javier Milei reach Casa Rosada.
The unofficial exchange rate known as “blue” (a euphemism for “black market”) between the Argentine peso and the US dollar crossed the psychological US$ 1 / AR$ 400 barrier Thursday just a few days after the “agro” rate was implemented in a move to curb the volatile parity.