
Argentina declared a mandatory preventive social isolation extensive to the whole country beginning midnight Friday until March 31st to mitigate the spread of Covid 19. President Alberto Fernandez made the announcement on national broadcast and standing with him were the leaders of the main political parties.

Argentina’s economy ministry said on Thursday it had exchanged around 257 billion pesos (US$ 4 billion) in a debt swap for new instruments maturing between 2021-2024, as the government looks to restructure its debt amid a credit crunch.

Argentina unveiled this week a 700 billion Pesos (some US$10 billion) stimulus package to try to sustain economic activity, avert shortages of food and medical supplies, help companies and protect workers and vulnerable groups affected by the worsening Covid 19 pandemic.

The number of Coronavirus cases tested positive are increasing significantly, in the exponential leg of the process, in Mercosur country members and in Chile. Brazil reported the first death, a 62 year old man in Sao Paulo with a medical record of high pressure and diabetes.

Argentine researchers have announced the discovery of fossilized skin on the remains of the wing of a 43-million-year-old penguin on Marambio Island in the Antarctic.

Argentina will close its borders for 15 days to non-residents in order to combat the spread of coronavirus, President Alberto Fernandez announced on Sunday. Public and private school classes would also be suspended until March 31, Fernandez said. National parks would also be closed.

The Argentine Tierra del Fuego province government rushed some 400 passengers from a cruise vessel, by air, to Buenos Aires before the implementation of a coronavirus fourteen-day quarantine which becomes effective this Monday. The Norwegian flagged vessel Midnatsol arrived on Saturday to Ushuaia from Antarctica.

Argentina is going to strengthen control over its EEZ, to protect resources, and quite soon the recently acquired “ARA Bouchard” will be setting sail for its first patrolling, according to Argentine fisheries and navy officials.

Several Latin American countries stepped up measures on Thursday to slow the spread of the coronavirus, halting flights to and from Europe, banning public gatherings and closing schools.

Argentina's main stock exchange crashed by nearly 10% on Thursday as markets continued to panic over the coronavirus pandemic. The fall wasn't as bad as Monday's that reached almost 14% but it continued the week's general downward spiral across the region.