
Outgoing Argentine President Mauricio Macri and his successor Alberto Fernandez embraced for a few seconds on Sunday at the Lujan Basilica, the country's main sanctuary to the Virgin Mary. The gesture was minimum and a few seconds but it was done on request from the Catholic Church.

Argentine President-elect Alberto Fernandez unveiled his cabinet and new central bank chief on Friday evening, laying out his core team days before the center-left leader takes office facing a stalled economy, rising debt fears and painful inflation.

Argentina’s Martin Guzman, a whiz-kid economist with close ties to influential U.S. economist Joseph Stiglitz, will bring a sharp academic intellect but little policy-making experience to the daunting task of reviving Latin America’s third-largest economy and averting a damaging default.

The next agriculture, livestock and fisheries minister of Argentina, as anticipated by MercoPress, will be Luis Basterra, president-elect Alberto Fernandez confirmed on Friday, an appointment met with some scepticism by farmers worried about a possible revival of interventionist policies.

The Argentine government has formally requested the International Committee of the Red Cross, ICRC, for an expansion of the humanitarian project which has helped so far to identify the remains of 115 Argentine combatants buried at the Argentine Military Cemetery at Darwin in the Falkland Islands.

Brazil’s President Jair Bolsonaro said on Thursday that Mercosur trade block needs to hurry up and implement agreements the group has negotiated.

In what was his last international activity, outgoing president Mauricio Macri attended the 55th Mercosur leaders summit in Bento Goncalves, southern Brazil, which he described as a special diplomatic occasion for his administration's strive to put Argentina back in the wide world map.

Brazil on Thursday handed over the six-month rotating presidency of the Mercosur trade bloc (Southern Common Market) to Paraguay. During a ceremony at the bloc's 55th summit in Bento Goncalves, Brazil's president Jair Bolsonaro expressed confidence in his Paraguayan counterpart Mario Abdo Benitez and his leadership skills.

Argentine president elect Alberto Fernandez confirmed Felipe Solá as his foreign minister and Daniel Scioli as ambassador in Brazil, following a meeting with a delegation of Brazilian lawmakers at his Buenos Aires headquarters. The Brazilian delegation was headed by the Lower House president, Rodrigo Maia.

A third of Argentine homes and 40.8% of people were below the poverty line at the end of the third quarter according to the Social Debt Observatory from the Argentine Catholic University, UCA, which regularly releases the data.