
A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing country's economy in the fourth quarter, after growth has been hit by low investment, high inflation and a soy crop devastated by drought.

Argentina posted a primary fiscal deficit of 105.8 billion pesos (US$3.7 billion), or 0.8% of gross domestic product (GDP) in the first half of 2018, government data showed on Thursday, down 26.7% from the same period last year.

Latin American currencies fell against the dollar across the board on Wednesday as traders continued to focus on recent statements by key U.S. monetary policy makers.

Argentina’s economy will return to growth in 2019, President Mauricio Macri said on Wednesday, following a year marked by higher-than-expected inflation and a run on the Peso currency that many economists anticipate will lead to a recession.

Consumer prices rose 3.7% in June in Argentina, official data showed on Tuesday. That brought 12-month inflation to 29.5%, up from 26.3% in the 12 months through May, the INDEC national statistics bureau announced, which makes it the highest monthly recorded figure of the last two years.

The Argentine Football Association (AFA) quietly announced that it had parted company with coach Jorge Sampaoli by “mutual consent,” following the national team's poor campaign in Russia.“Today the Argentine Football Association and Jorge Sampaoli agreed by mutual consent to bring to an end his position as head of the national team,” AFA said in a statement.

Last week's meeting in Buenos Aires of the Malvinas Question Observatory from the province of Tierra del Fuego with the Malvinas Department at the Argentine foreign ministry has not been without consequences.

The International Monetary Fund (IMF) expects Argentina’s government debt to peak by the end of 2018 and then fall as the country cuts its deficit as part of its US$50 billion deal with the Fund, according to a document published.

Overall the Argentine government is satisfied how relations with the UK regarding the South Atlantic, and Falklands' sovereignty claims are evolving, was the message with which members of the so called Malvinas Question Observatory from Tierra del Fuego province, returned to Ushuaia after meeting with foreign ministry officials in Buenos Aires, according to local media reports.

FIFA has picked Argentina's Nestor Pitana to referee Sunday's World Cup final between France and Croatia at Moscow's Luzhniki Stadium.