Argentina

Friday, May 6th 2016 - 08:32 UTC
Four million Argentine children live in poverty conditions, according to Unicef

Almost four million children in Argentina are poor and 8.5% live in extreme poverty, according to a report from UNICEF which measures multidimensional poverty which considers 28 indicators such as nutrition, access to healthcare, exposure to violence, among other more traditional references.
Friday, May 6th 2016 - 07:54 UTC
British ambassador celebrates 'the renewed and revitalized' UK/Argentina bilateral relationship

On 28 April, the British Ambassador’s Residence in Buenos Aires welcomed more than 400 people to celebrate the 90th birthday of Queen Elizabeth II. The last time that Buenos Aires held a celebration like this was in 2009 and it was an opportunity to praise the resumption of bilateral ties.
Friday, May 6th 2016 - 07:27 UTC
First UK trade mission in ten years begins contacts in Argentina

British Trade and Investment Minister, Lord Price, leads the UK’s first trade mission to Argentina in ten years, which arrived in Buenos Aires on Thursday. The mission looks to strengthen trade and investment relations with the third largest economy of Latin America.
Friday, May 6th 2016 - 06:38 UTC
Bad news for Macri: Moody's forecasts Argentine economy will shrink 1.5%

Despite the Argentine government’s forecast of a much better economic scenario in the second half of the year, credit rating agency Moody’s disagrees, saying the economy is set to shrink by 1.5%, followed by a growing unemployment and an inflation rate well above 30%.
Thursday, May 5th 2016 - 11:27 UTC
Petrobras sells stakes in Argentina and Chile, part of major divestment plan

Brazil’s state-run oil firm Petrobras said it has concluded the sale of its 67.2% stake in Petrobras Argentina to Argentina’s Pampa Energía for US$ 892 million, according to a securities filing. Petrobras also sold all of Petrobras Chile Distribución to Southern Cross Group for about US$ 490 million as part of its divestment program, the company said.
Thursday, May 5th 2016 - 09:42 UTC
Argentina farm exports soar in first quarter following elimination of taxes and controls

Argentine farm exports rocketed 68% higher in the first quarter compared to the same 2015 period, thanks to new policies that prompted growers to sell stockpiles built up under the previous administration, the government announced.
Thursday, May 5th 2016 - 05:17 UTC
The Falklands/Malvinas 'pending issue' will be addressed by Malcorra in London beginning with confidence building

Argentine foreign minister Susana Malcorra said she plans to meet with British officials to address a multiple agenda and a “pending issue”, in the framework of a transparency meeting scheduled to take place in London.
Wednesday, May 4th 2016 - 08:40 UTC
Argentine unions claim April inflation reached 5% and 40.85% in 12 months

Inflation in Argentina during April reached 5.02% and 40,85% in the last twelve months according to the unions umbrella organization CGT Economic and Social observatory, which was released on Tuesday.
Wednesday, May 4th 2016 - 08:01 UTC
Argentina honors Malvinas war pilots and the Air Force “baptism of fire”

Argentina's Defense minister Julio Martínez headed the Air Force's 34th “baptism of fire” anniversary which took place on May first 1982 during the South Atlantic conflict. The Sunday event at the V Air Brigade in Villa Reynolds, province of San Luis, was also attended by government and military officials, Malvinas veterans and Air Force Chief of Staff Brigadier Major Enrique Victor Amrein.
Wednesday, May 4th 2016 - 07:36 UTC
Tierra del Fuego top official attacked at a ceremony remembering the sinking of General Belgrano

Tierra del Fuego province deputy governor Juan Carlos Arcando had to be protected by the police and took refuge in the Legislature building in Ushuaia, following an attack by striking province and city personnel who for over two months have been protesting against a new retirement pensions' scheme.