Argentina' cabinet chief Alberto Fernandez confirmed Thursday that the coming week Venezuela will again purchase Argentine sovereign bonds for which we Argentines should, and must be fully acknowledged to President Hugo Chavez for the financial help extended.
Faced with the growing turbulence of global financial markets and Senator Cristina Fernandez October 28 presidential bid Argentine President Nestor Kirchner has instructed his advisors to promote domestic consumption and ensure economic expansion, but as of next November fiscal revenue must be higher than expenditure according to reliable political sources in Buenos Aires.
The number of foreign tourists arriving in Argentina during the first half of 2007 increased 17.4% reaching 1.037.226, reported the Argentine Tourism Secretariat.
The fishing industry conflict in Patagonia's Puerto Deseado where striking workers torched six processing plants and has ceased all activities in the sector for almost a month is far from a solution and could further escalate, warn local authorities.
Argentine dissident opposition members proclaimed this Saturday governor Julio Cobos as Cristina Kirchner's ticket companion for the coming October presidential election which according to opinion polls favor the incumbent candidate.
Argentina's First Lady Cristiana Kirchner is set to win the coming October presidential election in the first round with no need of a run off, according to public opinion polls published in Buenos Aires daily Sunday editions.
Argentine prosecutors have requested that Domestic Trade Secretary Guillermo Moreno and the newly-appointed Beatriz Paglieri, the official in charge of calculating inflation, be summoned to testify.
The American Task Force Argentina (ATFA) applauded Wednesday the US Government for formally stating for the first time that the government of Argentina must honor the repudiated sovereign debts owed to international creditors, including over 20 billion US dollars in default claims by international bondholders and that these lingering issues adversely impact Argentina's investment climate.
The Argentine peso slid for the third day in a row, hitting four-year lows against the US dollar in the range of 3.15/3.20 while the stock market recovered at the end of the day after having lost ground earlier.
Argentina decided to charter a Russian icebreaker to supply its Antarctic bases this coming summer replacing its own Almirante Irizar which caught fire in the high seas last April and is currently on a long process of repairs and recovery, reported Wednesday the Buenos Aires press.