The minimum wage In Argentina will increase 25.5% to 3,600 Pesos, President Cristina Fernández announced. The hike will be implemented in two phases, with the lowest legal salary rising to 3,300 Pesos as of August and 3,600 in January 2014.
Spanish oil company Repsol asked the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) to take provisional measures to prevent YPF state-owned oil company to execute the deal it sealed with Chevron last year to explore for unconventional hydrocarbons in the Vaca Muerta shale formation.
France has asked the US Supreme Court to review Argentina's case in its decade-old legal battle with holdout creditors, Argentina's state news agency Telam said on Friday, citing unnamed legal sources familiar with the situation.
Two Uruguayan politicians, one from the ruling coalition and the other from the main opposition National party will be honoured with a medal by Argentina for their unlimited support to the Malvinas cause, announced the Argentine ambassador in Montevideo, Dante Dovena.
Argentina’s state-run airline and flag carrier Aerolíneas Argentinas announced this week it will resume its direct flights to New York that were terminated five years ago. On December 15, the company will be offering a daily flight from Ezeiza airport to New York’s John F. Kennedy airport.
A total of 5.93% of rural land in Argentina is foreign-owned President Cristina Fernández announced which amounts to 15.8 million hectares. During a speech at Government House, Justice Secretary Julián Alvarez presented a survey that is a prelude to the full implementation of the Law 26,737 on Rural Lands (Ley de Tierras Rurales) passed in 2011 to place a 15% limit on foreign ownership of rural land in Argentina.
Aurora Expeditions are set to shake up the traditional Antarctic cruise itinerary with the launch of an exciting new ‘Antarctic Gateway’ in their 2014/15 Antarctic program. The Chilean port and nature haven of Puerto Williams will be used as an alternative to the usual Argentinian port of Ushuaia, with voyages either starting or ending on the eco-rich Navarino Island along the Chilean banks of the Beagle Channel.
International issues helped Mercosur to close ranks and give a false image of unity during the last summit held in Uruguay, according to diplomatic sources in Montevideo that are surfacing details of a bitter exchange behind doors between Argentina’s Cristina Fernandez and Brazil’s Dilma Rousseff.
Argentina's June trade surplus grew by 26.9% to 1.16 billion dollars from 910 million in the same month last year, but the six month period was down 26%, the government's national statistics institute Indec said on Tuesday.
Argentine President Cristina Fernandez has defended the designation of César Milani as head of the Armed Forces, and complained that those who previously voted for the Due Obedience and Final Stop laws put in doubt her administration's human rights record.