Argentine President Alberto Fernández Monday said at the European Council headquarters before the plenum of the EU-Celac Summit in Brussels that “Our regions must promote fair and equitable trade based on mutual respect.” He also underlined the importance of working together. It is the first meeting between the two blocs since 2015.
Argentina's National Institute of Seismic Prevention (Inpres) Monday reported an earthquake at 00:05 local time (03:05 GMT), at a depth of 214 kilometers, with its epicenter 240 kilometers west of the city of Neuquén, and 14 kilometers south of the small town of Loncopué.
Argentine Economy Minister and presidential contender Sergio Massa might travel to the United States later this week to close an agreement with the International Monetary Fund whereby the global agency would give the South American country some US$ 8.5 billion, it was reported in Buenos Aires.
With a turnout of 60%, the Argentine province of Santa Fe Sunday held its open, mandatory, and simultaneous primary (PASO) elections in which the opposition Unidos para Cambiar Santa Fe recorded a sound victory over the ruling Peronists.
It's election time in Argentina and only a few weeks left, so ribbon cutting and inauguration of public works has become one of the main jobs of government officials. That is what happened over the weekend in Ushuaia during the ceremony, via video conference with Buenos Aires, officially opening the extension of the port terminal, an additional 104 meters docking capacity, together with equipment and increased storage facilities.
The “blue” (an euphemism for “black market”) dollar kept soaring Friday against the Argentine peso, reaching AR$ 525 at some point but closing the week at AR$ 522, it was reported in Buenos Aires for an AR$ 31 increase in the last five days and AR$ 13 from Thursday.
A total of 17 Argentine provinces are under yellow alert due to weather forecasts heralding extremely cold temperatures, the National Meteorological Service (SMN) announced Friday. The SMN also said these temperatures reaching -10.8 degrees Celsius in El Calafate, Santa Cruz (south), and -8.9 degrees in La Quiaca, Jujuy (north), might be dangerous for children and elderly or chronically ill people.
Julie Kozack, Director of the IMF Communication Department held her weekly media conference and made some announcements referred to the current IMF/|Argentine negotiations. Ms. Kozack revealed that IMF/Argentina negotiations are ongoing, did not advance more details on possible closing dates and denied the existence of a letter from Chinese officials urging a quick solution to the Argentine case. Such as information was leaked in Argentina by government sources. Finally Ms Kozack anticipated that IMF officials and staff will be on holidays beginning July 31st until 11 August.
The blue (a euphemism for black market) dollar hit another record Thursday in Argentina, closing at AR$ 512 / US$ 1, for a total increase of AR$ 166 so far this year which represented a 48% rise since closing 2022 at AR$ 346, it was reported in Buenos Aires. The gap between the informal dollar and the official exchange rate stands at 93.7%.
The “blue” (a euphemism for “black market”) dollar Wednesday pierced the AR$ $500 barrier and set a new record high, it was reported in Buenos Aires. Meanwhile, the official exchange rate also went up despite the Central Bank (BCRA) selling some of its reserves.