In a strong reply to the IMF report on the Argentine economy forecasting 0.5% expansion in 2014, the administration of President Cristina Fernandez said the multilateral organization suffers of an 'ideological bias' and its recipes only prompted the 'worst social and productive crisis in the history of Argentina'.
Argentina will witness on Thursday a new test of political clout and influence between the administration of Argentine president Cristina Fernandez and dissident organized labor, headed by teamster Hugo Moyano who has called for a national strike, anticipating it will have a resounding massive support and turnout from the Argentine people.
In a letter addressed to two Argentine humanists living in Sweden, Pope Francis deeply regretted the murder of an 18-year-old who was beat to death by a group of Rosario citizens after he had allegedly stolen a woman’s purse. “The worst that can happen to us is to forget about that scene,” the pontiff said.
The International Monetary Fund reported on Monday a steep deceleration of Argentina’s economic activity for 2014, in a context of “high uncertainty”, according to its latest World Economic Outlook released in Washington.
The mayor of the Spanish town of Algeciras, Jose Ignacio Landaluce flew back this weekend from Argentina, where he had attended a twinning ceremony with Rio Grande, Tierra del Fuego that sought to highlight the ‘English occupation’ of Gibraltar and the Falkland Islands.
Argentina's crop of soybeans and cereals, and the country's main source of hard currency is threatened by the last few days storms of pouring rainfall, flash floods and mud slides that have punished at least seven provinces. Argentina is one of the world's main suppliers of grains.
A purse snatcher on a motorcycle ended in hospital terribly beaten up by furious neighbors from one of Buenos Aires City most posh boroughs caught him after committing the crime. A woman police on the beat had to rescue the robber from the lynching crowd until other officers arrived.
More than 3.000 people have been forced to abandon their homes in Argentina as torrential rains and flash floods in the last 24 hours hit at least seven provinces. Classes have been suspended, as well as public transport and so have some of the main highways.
Consumer prices in the City of Buenos Aires increased 3.6% during March compared to February according to the latest release from the economic consultants FIEL. This is the first drop this year following the increases in January and February which were above 5%.
A career diplomat and an expert in UK affairs has been named Foreign Policy Undersecretary at the Argentine Ministry of Foreign Affairs. Maria Carolina Perez Colman replaces Maria del Carmen Squeff who was recently nominated as Ambassador before the French government.