
Argentina posted a daily record of 3,604 confirmed cases of COVID-19 as the country grapples with rising infections that are threatening its early success in stalling the spread of the virus.

A spokesperson for the International Monetary Fund said on Tuesday that Argentina’s latest debt offer to its creditors is “an important step” in the restructuring process.

The violent death of a former secretary of Argentine ex-president and currently vice president, Cristina Kirchner, in El Calafate, Santa Cruz province triggered a strong clash between the Argentine government and congressional opposition since there was speculation that Fabian Gutierrez, 48, a potential whistleblower in several corruption cases, had met his destiny to the hands of an alleged Kirchner conspiration.

Three hundred Argentine journalists have made public a document rejecting claims from Vice-president Cristina Fernandez that several media professionals have colluded in an illicit association to spy on her.

Argentina’s government unveiled an amended debt restructuring proposal on Sunday and set a deadline of Aug. 4 for creditors to accept it, adding some key sweeteners as it looks to defuse recent tensions with bondholders and strike a deal.

The global pandemic has hammered Argentina's economy, which is now expected to shrink around 12% this year, driving millions into poverty and leaving almost six out of every 10 children and adolescents below the poverty line, United Nations data show.

Argentina's economy is expected to contract by 12% in 2020, a monthly central bank poll of analysts showed on Friday, worse than the previous estimate of a 9.4% decline, as output is ravaged by measures to tame the coronavirus outbreak.

One of Argentina's main creditor groups, the Argentina Creditor Committee, confirmed on Friday that it had tabled a new offer to the country's government as part of ongoing debt renegotiations.

Banks owed money by cash-strapped Argentine soy crusher Vicentin are accusing the company of diverting hundreds of millions of dollars and have asked a U.S. court to subpoena records as part of a lawsuit, including wire transfers and bank statements.

Mercosur full-member presidents and their associate peers backed Argentina's sovereignty claim over the Falklands/Malvinas Islands in the framework of the 56th Heads of State summit, which took place in Paraguay through a video conference when the pro tempore chair was delivered by Brazil to Uruguay for the second half of 2020.