Argentina’s economy contracted 5.8% in the first quarter of 2019, the country’s statistics agency said on Wednesday, a reflection of the biting recession that has hammered domestic consumption and production.
Argentine politician Sergio Massa, who recently pledged his support to the main opposition challengers to President Mauricio Macri, is in line to play a key role in the country's Congress if his new allies win national elections later this year.
Latin American stocks and currencies surged on Tuesday with a dovish boost from the European Central Bank and positive headlines from the U.S.-China trade tensions boosting sentiment.
Argentina has opened an inquiry into what caused a massive blackout that left nearly 50 million people without power, Energy Minister Gustavo Lopetegui said on Monday.
The Organization of American States (OAS) and the Intergovernmental Coordinating Committee of the countries of the Plata Basin (CIC) signed an agreement on Monday for the project Preparing the ground for the Implementation of the Strategic Action Program for the La Plata Basin, during a ceremony at OAS headquarters in Washington, DC.
British media are recalling that Prince Andrew, the Queen's second son sailed to war in the Falkland Islands, back in 1982, making the sovereign and elected government officials of the time extremely fearful that he could become a target prize for the Argentine forces.
A massive blackout left tens of millions of people without electricity in Argentina, Uruguay, Paraguay and parts of Chile and southern Brazil on Sunday. The Argentine president called it an “unprecedented” failure in the countries' interconnected power grid.
Argentina's Energy Secretary Gustavo Lopetegui described the massive blackout suffered mostly by Argentina and Uruguay, but which also affected areas of neighbouring countries, Paraguay, Chile and Brazil as “an extraordinary event that should have never happened, there are no reasons for it occurring and leaving Argentina completely in the black”.
Argentina removed its ambassador to Haiti from his post over a tweet that angered Jewish groups earlier this month. On Argentina’s Army Day, 29 May, Day, Pedro Von Eyken tweeted: “Today is the Day of the Argentine Army, that of General José de San Martín and many others who gave it glory and honor.
The soybean harvest in Argentina for the 2018-19 crop year is almost complete, according to the Buenos Aires Grain Exchange. The forecast for total production was the second-highest in 19 years at 56 million mt, up 48% year on year due to a better than expected yield of 3.35 mt/hectare, BAGE said.