After a day of intense trading in the ‘blue’ (informal) market for US dollars which reached a new high of 5.50 Pesos, Argentine President Cristina Fernández assured on Tuesday evening that there will be no economic ‘shocks’ or a ‘system of multiple exchange rates’ as “has been rumoured during the whole day”.
Uruguay called on Argentina to begin the price bidding process for the delayed dredging of a River Plate canal and revealed it was already monitoring the Uruguayan side of a joint commission responsible for deciding on the final contract and which has come under suspicion of corruption.
Vice President Amado Boudou called for a ‘concrete reply’ to Argentina’s request for the International Red Cross to collaborate with the identification of the combatants fallen during the Falkland Islands conflict in 1982 and whose remains are buried at the cemetery in Darwin.
The US dollar in Argentina’s parallel market soared on Tuesday as strong unsatisfied demand moved to the so called ‘blue’ market as a result of the increasing controls for the purchase of the greenback.
Repsol YPF SA the large Spanish oil and gas company on Tuesday sued Argentina for seizing control of formerly state-owned energy company YPF SA, in which Repsol held a majority stake.
Brazil this week escalated a growing trade fight with Argentina by increasing the bureaucratic obstacles for importing about 10 perishable products including apples, raisins, and potatoes, a senior Brazilian government official was quoted by the media.
Argentine Vice President Amado Boudou, his girlfriend the journalist Agustina Kampfer, his personal friend and business partner José María Nuñez Carmona, and the Belgian citizen and businessman Alejandro Vandenbroele, were charged on Monday of embezzlement by Federal Prosecutor Jorge Di Lello.
Argentina formally requested Uruguay to jointly audit the River Plate Administrative Commission, CARP for alleged corruption claims involving the maintenance of the Martin Garcia canal, and which emerged in the Uruguayan press.
Forty-eight Italian senators and lawmakers expressed their public support for Argentina’s sovereignty claim over the Falklands/Malvinas Islands in a letter sent to UN Secretary General Ban Ki-moon, the Argentine Foreign Ministry announced on Monday.
Tens of leading Argentine journalists gathered in Buenos Aires in a television program where each of them was invited to make public what question they would like to ask President Cristina Fernandez in obvious reference to the difficulties to have access to the Argentine head of state and her very limited contact with the press.