The Argentine government confirmed on Friday that the Paris Club of creditor nations have invited the country to start formal negotiations towards the end of May, apparently following on the proposal made by the Cristina Fernandez administration last January.
US Secretary of State, John Kerry has rejected the possibility that the Barack Obama administration would side with Argentina in the long-standing dispute with hedge funds over the defaulted bonds from the 2001/2 meltdown. Still the US official praised what he considered some “positive steps” by the Cristina Fernandez government.
Argentine Foreign Minister Héctor Timerman said he must be doing the right things regarding the Falklands/Malvinas issue because the Foreign Office prefers to talk to members of the opposition.
The historic emblems of Peronism, which has dominated Argentine politics since mid XXth century, have now their representation, Russian style in local 'mamushkas' the egg shaped dolls that fit into one another, apparently promoted by the political group that responds to President Cristina Fernandez son, Maximo Kirchner, as reported by the Buenos Aires press.
British Minister of State for the Foreign Office Hugo Swire has stated London would rather sit at the negotiating table with Argentine opposition presidential hopefuls Sergio Massa or Mauricio Macri to discuss Falklands/Malvinas Islands sovereignty.
The Argentine mining sector is expected to invest 3.85 billion dollars this year, including 800 million as imports' substitutes, announced Planning minister Julio de Vido, who also revealed that in the last ten years the sector has invested over 11bn dollars and generates an activity equivalent to 3.2% of GDP.
Argentina's inflation during February reached 4.3%, according to the so called Congressional index, which is an average of private consultants and is released monthly by the opposition members from Lower House Freedom of Speech committee. This means inflation in the last twelve months in Argentina reached 34.8%.
Chile’s President Michelle Bachelet will travel to Argentina in April for what will be her first official visit since being re-elected for office, the nation's Foreign Minister Heraldo Muñoz confirmed on Wednesday. Muñoz was accompanied by Argentine Héctor Timerman as he made the announcement.
Economy Minister Axel Kicillof argued that Argentina does not have serious economic problems, but rather “complexities, difficulties and challenges,” and accused economists and dissident media outlets of orchestrating a campaign to generate an “end of the world” feeling among members of society.
Foreign Minister Héctor Timerman has revealed that the European Union has requested direct talks with Argentina, after a meeting held between President Cristina Fernández and European Commission vice-president Antonio Tajani on the sides of the official inauguration of Michelle Bachelet as Chilean president.