Paypal is to prevent users in Argentina from transferring money between their own accounts. The online payment service said that from 9 October: Argentina resident Paypal-users may only send and receive international payments.
The Argentine economy is expected to grow 1% this year with manufacturing activity virtually stagnant, according to the head of a leading economic consultancy agency in Buenos Aires who nevertheless admits that the government stats “will probably show a better performance”.
Iran's Foreign Minister Ali Akbar Salehi formally requested his Argentine counterpart Héctor Timerman for a meeting to be held next week at the United Nations General Assembly, the Ministry reported.
The International Monetary Fund announced on Tuesday that it “regretted the lack of sufficient progress” with Argentina to address the quality of the official data reported by the country and urged it to come up with a response to the organization’s concerns by December 17th.
A leading international consultant on grains and oilseeds estimates that Argentina’s soy crop could increase 38% to 56 million tons in 2013, a year when world supply will become more dependent on South America because of smaller inventories in countries such at the US and China.
Argentina's 12-month inflation expectations held steady for a seventh consecutive month at 30% in September, according to the median estimate in a survey published by the Torcuato Di Tella University, UTDT. However after three steady months expectations eased with the average response sliding to 34.9% from 39.8% in August.
United Nations Special Rapporteur on Indigenous Peoples, James Anaya called on Argentina to cease the eviction of indigenous communities from their lands, during the presentation of the annual report of his office before the UN Human Rights council in Geneva.
Moody's Investors Service has changed the rating outlook on Argentina to negative from stable, citing haphazard economic policy decisions coupled with increasing questions about the reliability of official statistics.
The possibility of a constitutional review in Argentina opening the way for the re-re-election of President Cristina Fernandez was again put to consideration by one of her staunch followers who nevertheless anticipated “if it’s not Cristina, in 2015 it will be whoever Cristina nominates as candidate”.
The International Monetary Fund (IMF) decided it will not release any communiqué regarding Christine Lagarde report over Argentina's statistics, the press department announced. It is expected that the report with the analysis of the Board of Directors will be released on Tuesday.