Argentina

Saturday, April 10th 2021 - 10:53 UTC
Argentine inflation forecast at 46% for year 2021, 3.9% for March alone

Argentina's Central Bank Friday announced the yearly inflation for 2021 was expected to reach 46%, while figures for the past month of March were around 3.9%. The official peso/US dollar exchange rate was foreseen at $ 115/ US$ 1 by the end of this year.
Saturday, April 10th 2021 - 10:03 UTC
Prince Philip's death in times of virtual life and social media

The death of HRH Prince Philip, Duke of Edinburgh in the middle of the coronavirus pandemic and the growing popularity of social media and online contact, has led to a scenario completely different from the one seen at the last royal funeral, King George VI's in 1952.
Saturday, April 10th 2021 - 08:30 UTC
Argentina strongly opposes UK's firing of missiles in the Falklands

Argentina Friday expressed its government's utmost rejection of the announcement by British authorities that missiles were to be launched at the Falkland Islands. The Foreign Ministry warned that the “alleged defensive condition of the British military base in the South Atlantic is not only totally unjustified, but also represents a threat to the entire region.”
Friday, April 9th 2021 - 10:56 UTC
Argentine Senate passes Income Tax reform with all votes but one

Argentina's Upper House Thursday passed by 66 votes in favour and one abstention the tax reforms proposed by the government of President Alberto Fernández, which would rid workers with a monthly gross income of 150,000 pesos (around 1,100 US dollars at the unofficial exchange rate) of paying the income tax.
Friday, April 9th 2021 - 10:55 UTC
Argentine officers accused for torturing own troops during 1982 war

The Federal Court of Appeals of Comodoro Rivadavia Thursday upheld in a 2-1 vote the arraignment of former Argentine officers Eduardo Gassino, Belisario Affranchino Rumi, Gustavo Calderini and Miguel Ángel Garde for “imposition of torments” on soldiers under their command during the 1982 armed conflict with the United Kingdom over the Falkland Islands.
Friday, April 9th 2021 - 10:54 UTC
Brazil Vice-President dubs Argentina “an eternal beggar”

In a statement supporting the government's proposed fiscal adjustment, Brazil's Vice President Hamilton Mourao Thursday labelled Argentina an “eternal beggar,” which might spark another diplomatic incident, of which the administration of President Alberto Fernández has had a handful in the past few days.
Friday, April 9th 2021 - 10:30 UTC
Argentina's INDEC figures “encouraging” for government, still not for people

While inflation grows rampant and people lose some or all of their income in the middle of the coronavirus restrictions, Argentina's National Institute of Statistics and Census (INDEC) Thursday released a new economic report which showed positive figures.
Friday, April 9th 2021 - 09:14 UTC
Chilean, Argentine scientists find remains of mammal from the age of dinosaurs

The University of Chile Thursday announced the discovery of the remains of a hitherto unknown species of a mammal that inhabited Patagonia some 74 million years ago.
Thursday, April 8th 2021 - 10:32 UTC
IMF likely to review interest rates charged to Argentina... in due time

International Monetary Fund (IMF) Director Kristalina Georgieva Wednesday admitted the rates Argentina is currently paying will be subject to review, at the request of the South American country.
Wednesday, April 7th 2021 - 09:53 UTC
Patagonian hotels returned to Kirchner family as money laundering enquire reaches nowhere

Argentine Vice President Cristina Fernández de Kirchner Monday recovered all her assets which have been involved in an alleged money-laundering scheme, a federal court ruled Monday.