Argentina

• Thursday, January 14th 2016 - 06:42 UTC

  Argentina targets 25% inflation and fiscal deficit of 4.8% of GDP this year

  

  Argentina Finance Minister Alfonso Prat Gay revealed on Wednesday that the fiscal deficit registered in 2015 was of 5.8% of GDP and 7.1% of GDP is all debts are computed, and complained that “there has been wasteful spending and when there is an expense it’s not well done.”

• Tuesday, January 12th 2016 - 07:24 UTC

  Sour victory for Macri: all fugitives captured after 15-days on the run; 'the whole system is rotten'

  

  Fifteen days of a major embarrassment for the government of Argentine president Mauricio Macri came to an end on Monday after police commandos recaptured two of the country's most notorious convicts in a rice mill plant, ending a 15-day manhunt through backwater towns and two provinces.

• Monday, January 11th 2016 - 13:50 UTC

  Argentina and Uruguay praise new spirit in relations and “return to normality”.

  

  Foreign Minister Susana Malcorra said that the meeting between President Mauricio Macri and his Uruguayan counterpart Tabare Vazquez last Thursday symbolized a “return to normality” for bilateral relations between the two neighbours.

• Monday, January 11th 2016 - 12:51 UTC

  Argentina's financial agenda: talks with holdout funds and farmers' dollars

  

  A challenging financial week takes off for Argentina's new administration of president Mauricio Macri: on the one hand Argentine farmers have to keep their part of the deal by providing the central bank with 400 million dollars a week, and on the other the long-awaited debt talks are expected to resume in New York next Wednesday with United States hedge funds suing Argentina over defaulted sovereign bonds.

• Friday, January 8th 2016 - 18:13 UTC

  Macri's Argentina forecasted to grow 0.7% this year and rebound to 1.9% in 2017

  

  The World Bank lowered its forecast for Argentine growth for the next two years, noting it expected the economy to see a large rebound in 2018 thanks to the monetary and fiscal policies implemented by President Mauricio Macri’s administration.

• Friday, January 8th 2016 - 11:06 UTC

  Argentina and Uruguay will bid to jointly host 2030 World Cup

  

  Uruguayan President Tabare Vazquez and Argentine counterpart Mauricio Macri agreed on Thursday that their countries will present a joint bid to host the World Cup in 2030, a century after Uruguay was the site of the first tournament.

• Friday, January 8th 2016 - 08:06 UTC

  Macri and Vazquez marked the beginning of a new chapter in bilateral relations

  

  Uruguay and Argentina presidents Tabare Vazquez and Mauricio Macri made on Thursday several announcements referred to bilateral issues indicating relations between the two neighboring countries have effectively improved following years of tension and misunderstandings with the governments of Nestor Kirchner and Cristina Fernandez.

• Thursday, January 7th 2016 - 08:30 UTC

  Spain calls for dialogue on Gibraltar and Falklands; UK reiterates support for self determination

  

  The United Kingdom has reiterated that the sovereignty of Gibraltar is not a matter for discussion or negotiation with Spain. This follows a call by the Spanish Foreign Ministry for a resumption of bilateral dialogue with the UK over Gibraltar.

• Thursday, January 7th 2016 - 08:17 UTC

  Macri will become first Argentine president to attend Davos forum in twelve years

  

  For the first time in twelve years and Argentine president will be attending the World Economic Forum in Davos, Switzerland that runs between January 20-23. President Mauricio Macri will be present together with ally Sergio Massa, leader of dissident Peronist Renewall Front, in order to attract investment.

• Thursday, January 7th 2016 - 07:43 UTC

  Vazquez receives Macri: “good relations with Argentina, top priority for Uruguay”

  

  Uruguayan president Tabare Vazquez will host on Thursday his Argentine peer Mauricio Macri to address several controversial issues from the bilateral agenda which are pending from the twelve years of the Kirchner couple. According to Uruguayan sources they include trade, River Plate channels and navigation, ports and pulp mills among other issues.