
Argentines expect an inflation of 30% for the next twelve months despite a slight deceleration in prices which consumers admit in some periods of the current year according to the findings from the Di Tella University.

Japanese car maker Toyota Motor Corp. plans to invest 800 million dollars to boost production capacity at a factory in the province of Buenos Aires. The plan unveiled by Argentine Industry Minister Debora Giorgi will almost double the size of the factory and allows to increase vehicle output to 140,000 units a year from 92,000 currently.

Argentina’s Hector Timerman and Brazil’s new Foreign minister Luiz Alberto Figueiredo Machado discussed a long agenda of common interest issues during a work meeting held in Buenos Aires, which included Mercosur, trade discussions with Europe, Unasur, Haiti and US cyber-spying in the region among other issues.

The government of President Cristina Fernandez has given another step towards the state control of the Argentine railway system, following the nationalization of three other lines which connect the City of Buenos Aires to the provinces of Tucumán and Córdoba, passing through Santa Fe and Santiago del Estero provinces.

Uruguayan Senator and presidential hopeful Constanza Moreira has clarified some of the concepts attributed to her relative to the Malvinas Islands and alleged Uruguayan sovereignty rights, which received extensive coverage in the Montevideo media and had repercussions in Argentina.

The new Permanent Representative of Argentina to the Organization of American States (OAS), Nilda Garré, presented credentials that accredit her to the hemispheric institution, during a ceremony held at the OAS headquarters in Washington, D.C.

The Vaca Muerta formation in the Argentine provinces of Neuquén and Mendoza has been ranked among the 23 highest tight oil reserve areas in the world, according to to a report released yesterday by global information company IHS.

A couple of days before Ecuador’s President Rafael Correa is set to arrive in Argentina he sank his right hand into the bushes of the Ecuadorean Amazon and then showed it to the dozens of journalists summoned for the demonstration: it was covered in oil.

Argentine President Cristina Fernández was again on the campaign trail on Tuesday participating in several inaugurations and political rallies at the province of Buenos Aires in support of her candidate running for Congress in October’s mid term ballot, Martin Insurralde.

Tierra del Fuego media recalled that on 17 September 1964 a United Nations sub-committee unanimously recommended that the “Malvinas case” be included among issues referred to Decolonisation and thus admits ‘the existence of sovereignty dispute over the Falklands and other South Atlantic islands’.