
Argentina has made positive progress in reforming the quality of its economic data, the head of the International Monetary Fund said on Sunday, adding that the IMF's board is set to review the country's moves in a few days.

Argentine president Cristina Fernandez will resume official functions as of next Monday 18 November, after completing a month of convalescence, presidential spokesman Alfredo Scoccimarro announced on Monday. However further tests are programmed to check when the president can again travel by air.

Argentina has begun a determined campaign to deter companies from drilling for oil in disputed waters around the Falkland Islands in the south Atlantic. On the eve of a visit by UK parliamentarians to Buenos Aires this week, the Argentine embassy in London warned that legal action was being ramped up against drillers and their suppliers, reports Terry Macalister in The Guardian.

Argentina's nationalized YPF has discovered a new conventional oil well in the western Mendoza province, which will add 15 million barrels of crude to its reserves. Initial production at the El Manzano bloc and the Mirador del Valle x-1 well at 1,789 meters deep is expected to be around 535 barrels per day, the company said.

Argentina's Defense minister Agustín Rossi said that secret minutes dating back to the military dictatorship of 1976-83 will be available for the public to read and study, while admitting that he did not know why the documents had not been discovered previously.

Following a new round of medical checkups at the Buenos Aires Fundación Favaloro clinic Friday evening, Argentine President Cristina Fernandez has been discharged from the inpatient phase regarding her neurological and neuro-surgery conditions, presidential spokesman Alfredo Scoccimarro announced Saturday morning.

A group of Argentine bondholders will offer creditors suing for the repayment of defaulted sovereign debt a private deal to get them to abandon their litigation, the state-run Télam news agency said.

International Monetary Fund announced it was holding constructive talks with Argentina about addressing flawed economic data that led to an unprecedented IMF censure of a member country.

The Mercosur summit scheduled for December in Venezuela has been suspended and will most probably take place sometime in late January announced Uruguayan president Jose Mujica who on Friday cancelled a trip to Brasilia to meet with his peer Dilma Rousseff.

Uruguayan president Jose Mujica is fed up with problems with Argentina but must abandon the 'presidential diplomacy' and turn to 'professional diplomacy' because President Cristina Fernandez will not modify her conduct, warned one of Argentina's most respected political analysts, Rosendo Fraga.