Inflationary pressures are building in Argentina and there is room for further interest rate increases, a senior IMF official said Wednesday. The warning follows statements earlier in the week by outgoing IMF Managing Director Rodrigo Rato.
Argentina is collecting information and preparing presentations for seabed claims in the South Atlantic and Antarctica confirmed this week Foreign Affairs minister Jorge Taiana.
Argentina is forecasted to expand 5.5% in 2008, the strongest in the region behind Venezuela and Peru according to prospects from the World Bank and the International Monetary Fund released Wednesday.
Norwegian flagged vessel Nordnorge opened this week in Buenos Aires the Argentine cruise season which will extend until April 2 next year and include at least 99 calls of major cruise vessels, according to the local Tourist Office.
With less than two weeks before Argentina's presidential election the positive image of President Nestor Kirchner is at its lowest since taking office in May 2003, which is not necessarily good news for the incumbent candidate and First Lady, Senator Cristina Fernandez de Kirchner.
A team of Argentine and Brazilian paleontologists announced the discovery of a new dinosaur species ? a giant, Patagonian plant-eater ? that lived 88 million years ago.
Argentina seems to be heading for a record crop of 100 million tons, five million more than the 2006/07 record, and with even higher prices, in money terms this could mean an overall additional four billion US dollars.
First Lady, Senator and presidential candidate, Cristina Fernandez de Kirchner is the wealthiest of all presidential hopefuls running for Argentina's Executive seat in Casa Rosada next October 28, reports the Sunday edition of Buenos Aires daily Clarin.
Argentina's poorest, ten per cent of the population live on less than four US dollars per day while on the other extreme half a million households can dispose of 220 US dollars per day according to a report from a private consulting firm released this week.
Grupo Marsans the largest tourism and transport group in Spain announced this week it has ordered 73 Airbus aircraft, including four new A380 Superjumbo, for its Air Comet and Aerolineas Argentinas fleets.