
A reliable universally accepted rate of inflation in Argentina seems hard to come by although there are a battery of estimates, each of them arguing they are supported by statistically proven methods and thus the certainty of the indexes released.

UK described recent combined military exercises in and around the Falkland Islands as part of regular routine training. The statement follows on Thursday's strong Argentine protest, (which claims sovereignty over the (Malvinas) Islands), and called the military exercises a “new provocation”.

By Jaime Trobo (*) - Parlasur, acronym for Mercosur Parliament, decided to approve a declaration relative to the Malvinas Islands situation, and more specifically on the sovereignty conflict between the Argentine Republic and Great Britain, which has been ongoing for over 180 years with no reasonable accord.

An Argentine congressman has extended an open invitation to two, three 'inhabitants of the Falkland Islands', to participate in a meeting with Argentine lawmakers interested in listening to the 'third party' in the Falklands/Malvinas dispute.

Argentina's AFIP tax revenue service on Tuesday carried out searches at 71 banks, currency exchanges and other financial entities suspected of money laundering, the government said. More than 250 agents took part in the operation, which involved institutions in this capital and in the provinces of Buenos Aires, Mendoza and Cordoba, AFIP said in a statement.

The Argentine unit of Brazilian state-controlled oil giant Petrobras plans to invest 622 million dollars to explore for non-conventional natural gas in Neuquen, the Argentine government announced on Monday.

Argentina's current policy on the Falklands/Malvinas Islands sovereignty is a losing option because it is a 'maximalist' attitude with the purpose of ‘full recovery' of the disputed islands, said Argentine political scientist and writer Carlos Escudé.

New York District judge Thomas Griesa has authorized Citibank to complete the transfer of 85 million dollars to holders of restructured Argentine bonds under Argentine law, meeting debt services that expire on December 31.

The Mercosur parliament, Parlasur, in a special Monday session held in Montevideo, rejected British 'control' over the Falklands/Malvinas Islands and described the situation as a colonial conflict of 'global' proportion which threatens the region.

The Falklands/Malvinas dispute and 'colonialism' will be discussed on Monday during an extraordinary session of the Mercosur Parliament, Parlasur, in Montevideo with the attendance of Argentine and Uruguayan foreign ministers Hector Timerman and Luis Almagro.