
The Argentine government decision to impede a return humanitarian flight from Montevideo to Mount Pleasant Complex in the Falkland Islands received ample coverage in the Uruguayan and Argentine media.

Argentine bonds extended a recent dip after the government formalized its US$ 65 billion debt restructuring offer, underscoring investor concern about the country’s shaky economy despite creditors’ rallying behind a deal.

By Steve Hank (*) – On August 4, Argentina, the world’s biggest deadbeat, announced that it had reached a deal with its creditors on its US$ 65 billion worth of defaulted debt. The next day, the United Nations Decolonization Committee — the C24 — unanimously passed a resolution urging the United Kingdom and Argentina to resolve their differences over the sovereignty of the Falkland Islands. Or, are they the Malvinas?

Thousands of demonstrators across Argentina's main cities defied social distancing rules to answer calls to protest against a government announcement last Friday to extend containment measures in the Buenos Aires region until Aug 30 and to condemn a controversial reform of the judicial branch.

The Argentine government formalized its amended bond restructuring offer on Saturday night, confirming in a presidential decree that it would submit the new deal to the US Securities and Exchange Commission this Monday.

Mexico will need up to 200 million coronavirus vaccine doses, according to a senior government official, and inoculation of its 120 million inhabitants could start as early as April if clinical trials and regulatory approvals for pharmaceutical firm AstraZeneca go as planned.

Argentina extended until Aug 30 restrictions taken against the coronavirus, President Alberto Fernandez said on Friday, underlining that the country's lockdown would continue in its current form in and around capital city Buenos Aires.

Chinese importers have started to practice “wash out” with Argentine soy oil contracts, which is having an impact on the local industry.

Argentina's July inflation rate was 1.9%, the government's Indec statistics agency reported on Thursday, bringing the seven-month rate to 15,8% and the 12-month rate to 42.4%. During July the items which showed the main increase were Housing maintenance, 3,9% and Leisure and Culture, 3,3%, with a special emphasis in electronics and home appliances.

President Alberto Fernández, announced on Wednesday that Argentina together with Mexico, will produce for Latin America the coronavirus vaccine developed by the AstraZeneca laboratory in collaboration with the British University of Oxford.