Brazil’s oil and gas Petrobras said Argentina needs clear rules to foster investments if it wants to develop its unconventional oil and gas resources.
President Jose Mujica acid comments on Argentina’s presidential couple Cristina Fernandez-Nestor Kirchner were further developed in a monthly magazine which on Saturday published a long article with the Uruguayan leader, although it must be pointed out that the interview was dated March 18th.
Despite Uruguayan President Jose Mujica had anticipated he would give no further explanations about his at least controversial remarks about Argentina’s presidencial couple, Cristina and Néstor Kirchner, the Uruguayan leader on Friday midday stated in his daily broadcast that “nothing or nobody” could separate the brotherly nations.
Brazil admitted that the trade situation with Argentina is “less than satisfactory”, given the ongoing barriers and restrictions imposed by Buenos Aires and revealed that the bilateral trade balance is now inclined in favour of its southern neighbour and Mercosur associate.
Uruguayan president José Mujica’s controversial statements caught on an open microphone referred to President Cristina Fernandez and her late husband Nestor Kirchner, triggered a strong response from the Argentine government saying that such comments are “unacceptable, denigrating and offend the memory of a dead person”.
Uruguay’s President Jose Mujica, speaking without realizing a microphone was on, referred to Argentine President Cristina Fernandez de Kirchner as that ‘old lady’ saying she is “worse” than her late husband and predecessor, Nestor Kirchner.
Most visits to Argentina are trouble-free, but you should keep a close eye on your personal belongings in public places and there have been occasional Falklands-related protests against British interests in Argentina.
Argentina has made on Wednesday a scheduled coupon payment on its 2038 Par bonds and paid interest on its 2015 Boden bonds, the Economy Ministry’s spokeswoman said. Investors are worried Argentina could trigger a technical default if a US appellate court rules against it in a case brought by “holdout” creditors suing for full repayment on bonds in default since 2002.
The death toll from the heavy rains and flash floods that have pounded Buenos Aires City and La Plata, capital of the Buenos Aires province have climbed to at least 54, and could increase, Argentine authorities said on Wednesday.
Argentina will use 2.3 billion dollars of central bank reserves this year to meet payments to international financing organizations and on its official bilateral debt, according to the Official Gazette.