Three Argentine provinces held gubernatorial elections on Sunday. In all of them, the ruling parties were reelected. In a year with presidential elections looming, these results were expected to shed some light on who might make it to the Casa Rosada next December 10, but nothing of the sort happened.
Contrary to all the pageantry, rituals, and displays of past Coronations in the United Kingdom, this time Argentina is sending no special, much less extraordinary delegation to the coronation of King Charles III on Saturday, and is limited to the attendance of its ambassador in London, Javier Figueroa.
According to the Argentine Central Bank's (BCRA) Market Expectations Survey (Relevamiento de Expectativas de Mercado - REM) report published Friday, the panel of economists issuing that document has made an upward correction to their inflation forecasts for 2023, placing it at 126.4%, or 16.4 percentage points above April's projections, while last month's Consumer Price Index (CPI) is believed to be of 7.5%. The National Institute of Statistics and Census (Indec) will release the official data on May 12.
The Interamerican Development Bank (IDB) has granted Argentina a US$ 150 million loan to strengthen educational access for school-age youth in the province of Buenos Aires, it was announced Thursday. This new credit is in addition to another one granted the day before in the amount of US$ 265 million, to boost the inclusion of people with disabilities.
Uruguayan President Luis Lacalle Pou said his country has a problem with prices in Argentine being so low due to a favorable exchange rate that people cross the border to do their shopping.
A group of lawmakers from Argentine's ruling Everybody's Front (Frente de Todos - FdT) has launched an initiative to nationalize the country's lithium resources, it was reported Wednesday in Buenos Aires.
Agriculture has taken its toll on Latin American forests, particularly in South America's two largest countries. Argentina reached 444,535 hectares deforested to prioritize crops and cattle feeding.
Argentine President Alberto Fernández Tuesday thanked his Brazilian colleague Luiz Inácio Lula da Silva for the latter's commitment to helping Argentine overcome the current crisis: “I celebrate the explicit support that Lula has given us as a country and as a government,” Fernández said after the meeting at the Alvorada Palace. He also highlighted Lula's pledge to strengthen Brazilian exports and support negotiations with the International Monetary Fund (IMF).
With the Argentine government of Alberto Fernandez and Cristina Fernández de Kirchner in total disarray, the economy in shambles and with no hard currency, while a top delegation travels the world, China, Brazil, the US, and the IMF begging for fresh funds, several Argentine provinces are holding their local elections for governor and lawmakers, un hooked from the national presidential event next October.
Argentina's Economy Minister Sergio Massa will travel to Brazil alongside President Alberto Fernández to find credit alternatives through which to spend fewer dollars in bilateral trade, it was reported.