Falkland Islands' lawmaker MLA Barry Elsby told the Legislative Assembly that the new Latam flight to São Paulo is set to start in November, adding that contractual negotiations with the air carrier are “well advanced and nearing completion.”
The British Embassy in Argentina celebrated HM Queen Elizabeth II’s birthday at British Ambassador Mark Kent’s Residence. The celebration was attended by more than 800 guests, including several high-level national and provincial government representatives, legislators from different political parties, businesspersons, diplomats, academics, sportspeople, journalists, and members of the civil society.
Argentina lived on Thursday another day in which the dollar rebounded and the country risk exceeded 1000 points. President Mauricio Macri criticized the short-term view of the markets and the Central Bank (BCRA) had to intervene by positioning the interest rate at 70% and diverting the futures market to contain the demand on the currency, preventing it from reaching the maximum accorded of 51.45 pesos.
Argentine economy Minister Nicolás Dujovne stated that political uncertainty ahead of the upcoming presidential election this October is the main factor for increases in Argentina's country risk and instability on the exchange markets.
US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices on the back of high crop output, a trend that could put downward pressure on Chicago corn prices in coming months, analysts said.
Argentina is pushing to increase agricultural trade with commodities-hungry China, as farmers on the country’s Pampas grains belt prepare for what is expected to be a bumper soybean harvest over the weeks ahead.
Two times Argentine president Cristina Fernandez is launching a book next Friday, a collection of personal anecdotes and momentous experiences of her political life, anticipation of its official presentation in the Buenos Aires Book Fair on 9 May.
An official with the International Monetary Fund has declared that the increase in the poverty rate in Argentina could force the government to rethink its spending plans and “protect the poor.”
Argentina ran a primary fiscal deficit of 13.037 billion pesos (US$ 305.32 million) in March, the country’s Treasury minister Nicolás Dujovne said at a press conference on Monday, though posted a first-quarter surplus of 10.347 billion pesos.
Bolivia is looking at exporting natural gas globally through liquefaction terminals to be built in Argentina, and to buy crude from its southern neighbor, Bolivian President Evo Morales said on Monday, a move that would compensate for dwindling sales of its main export to Argentina and Brazil.