Argentina

• Friday, July 13th 2018 - 11:16 UTC

  Argentine town hoists Falkland Islands flag on Independence Day

  

  Ceres residents were shocked to see the main flag during Independence Day celebrations was that of the Falkland Islands. City Hall asks for forgiveness (perdón) via Facebook.

• Friday, July 13th 2018 - 05:52 UTC

  Argentina: Macri grants a 20% salary increase to the Armed Forces

  

  In an effort to fix a persistent deterioration of relations, the President ordered a 20% rise in the salaries of the Armed Forces. It was a political decision against the fiscal austerity measures that the government promised the IMF to deserve a financial rescue of 50,000 million dollars, but necessary to calm what already threatened to become a serious storm.

• Thursday, July 12th 2018 - 02:49 UTC

  Argentina withdraws reward offer to help find ARA San Juan

  

  The Argentine Government has formalised the withdrawal of the reward offered to anyone who could find or provide meaningful information about the whereabouts of the submarine ARA San Juan, which went missing in the Atlantic Ocean on November 15, 2017.

• Thursday, July 12th 2018 - 02:39 UTC

  Spanish fishing boat “Dorneda” sunk in Argentine Waters

  

  A Spanish fishing trawler sank in rough weather off Argentina’s coast and at least one crewmember died, Argentina's Navy said Wednesday. Twenty-five crewmembers were rescued and one was missing.

• Tuesday, July 10th 2018 - 07:41 UTC

  Macri admits mistakes and calls for support from governors, unions and business leaders

  

  President Mauricio Macri, First Lady Juliana Awada and members of his cabinet attended on Monday, 9 July, the Argentine Independence Day celebrations in the Tucuman Historic House, where 202 years ago the emerging nation cut all ties as a Spanish colony.

• Monday, July 9th 2018 - 07:43 UTC

  Argentina's austere Independence Day celebration in Tucuman, with no military parade

  

  President Mauricio Macri and his cabinet will be celebrating Argentina's Independence Day, Monday 9 July at the Historic House in the northern province of Tucuman, where the declaration was first announced 202 years ago. Contrary to other years there will be no military parade in Tucuman or Buenos Aires, allegedly as a consequence of the strict austerity measures imposed by the Macri administration.

• Monday, July 9th 2018 - 07:08 UTC

  “Argentina on the rocky road to recession”, anticipates The Economist

  

  On a residential street corner in Buenos Aires, Van Koning Market sells imported beers to the city’s well-heeled. Since it opened in June last year costs have soared. The peso has plummeted, meaning wholesale prices have shot up. Inflation is running at 26%; the reduction of government subsidies means the monthly electricity bill has risen from 700 pesos to 4,000 pesos (US$ 142).

• Saturday, July 7th 2018 - 06:16 UTC

  Argentine forensic team identifies soldier 93 buried in the Falklands

  

  Argentina's Human Rights Secretary confirmed on Thursday that another combatant, killed during the Falklands conflict and buried at the Argentine military cemetery in Darwin has been identified. This brings the total to 93. The 19 year old conscript, Andres Folch was born in the northern province of Tucuman but lived in the San Marin county of Buenos Aires province.

• Thursday, July 5th 2018 - 06:24 UTC

  Argentina deregulates and eliminates minimum prices for domestic airfares

  

  In an unexpected move, Argentina’s Minister of Transportation Guillermo Dietrich announced that national administration will no longer set minimum prices for domestic airfares, starting on August 15.

• Wednesday, July 4th 2018 - 08:13 UTC

  Argentina reveals financial needs; stock market and the Peso rebound

  

  Argentina will need to raise a net US$ 8 billion in the domestic debt market in 2019 to meet financing needs that include a US$ 7.4 billion primary deficit and US$ 25 billion in debt principal and interest payments, according to a Treasury Ministry document.