In spite of the several stimulus programs announced by Argentine president Cristina Fernandez de Kirchner, manufacturers are demanding a more competitive exchange rate, particularly with the Brazilian Real. Brazil is Argentina's main trading partner.

Argentina and Chile commemorated Friday in Punta Arenas the 30th anniversary of the papal mediation which prevented a full fledged war between the neighbouring countries caused by a limits dispute over three islands next to the Beagle channel in Tierra del Fuego.

Argentine President Cristina Fernandez de Kirchner unveiled Thursday a new set of measures to boost the economy including credits for the auto sector and consumption as well as a reduction in export duties on wheat and corn.

All aboard a cruise ship stranded off Antarctica are in perfect health and 87 (82 passengers and 5 crew members) have been rescued reported on Friday the Chilean Navy. The rest of the crew remained on board to help with rescue operations.

Argentine top model Vanesa Carbone cat-walked topless in front of the Japanese embassy in Santiago de Chile to protest Japan's indiscriminate whale hunting and the use of animal skins in human clothing.

Argentina announced an 80 million US dollars support plan for the fishing industry to help pre finance exports with a special credit line from Banco Nacion which acts as a development bank.

The Panamanian flagged cruise vessel Ciudad de Ushuaia, with 122 people on board, called for help Thursday after getting stuck in the ice, suffering a fuel leak and letting in a minimal amount of water, the Argentine Navy said in Buenos Aires.

The new British ambassador in Argentina presented her credentials on Wednesday to Foreign Affairs minister Jorge Taiana and simultaneously published an open letter in the embassy's site saying how privileged she was to be in Buenos Aires underscoring the many coincidences between UK and Argentina. Her message included an implicit message on Falklands there are differences of policy and opinion between the UK and Argentina on some important matters.

Argentina has denied it is suspending commercial ties with Iran worth a billion US dollars annually. The Argentine Jewish news agency and several Argentine newspapers earlier reported the suspension.

US pop star Madonna met with Argentina's president Cristina Fernandez de Kirchner and former guerrilla-held hostage Ingrid Betancourt on Tuesday at the presidential palace in Buenos Aires where she filmed Evita twelve years ago.