
The Argentine ambassador to the United States, Jorge Argüello, warned that the world is infested with the “ghosts of a trade war” as he witnesses the protectionist measures applied by developed countries.

Argentine President Cristina Fernández underlined the importance of tourism as a sector able to “generate decent work and wealth across the entire country” on receiving the UNWTO/World Travel & Tourism Council (WTTC) Open Letter on Tourism.

Argentina on Thursday officially lodged a dispute against US restrictions on imports of Argentinean beef and other meat products, the World Trade Organization (WTO) said on Friday.

With the finals of World Cup of Tango Dance - in its two categories: Salon Tango and Stage Tango - the Buenos Aires Tango Festival and Tango Dance World Cup came to end at the Luna Park Stadium earlier this week.

“We’re a free country with dignity and national pride; we are nobody’s employee or subordinate” challenged Argentine president Cristina Fernandez after it was revealed that the US, Spain and Germany at the Inter American Development bank (IDB) had voted against granting the country a loan.

Global food prices soared by 10% in July from a month ago, with maize and soybean reaching all-time peaks due to an unprecedented summer of droughts and high temperatures in both the United States and Eastern Europe, according to the World Bank Group’s latest Food Price Watch report.

Soy beans in Chicago climbed to their highest having advanced 0.4% on Thursday to 650.47 dollars the ton, while corn up 0.2% to 319.47 dollars the ton came closer to its record value of last August, 327.25 dollars. Wheat meantime slid 0.2% to 324.64 dollars the ton.

Foreign minister Alfredo Moreno ratified Chilean support for Argentina’s sovereignty claim over the Falklands/Malvinas Islands during a meeting with a delegation from Andean countries belonging to the “Solidarity Group with Malvinas”.

Iran has no interest in nuclear weapons but will keep pursuing peaceful nuclear energy, Supreme Leader Ayatollah Ali Khamenei told heads of state from developing countries in Tehran.

China has signed a deal to buy 50 planes worth 3.5bn dollars from Europe's Airbus. The agreement is part of a slew of trade deals signed by German Chancellor Angela Merkel at the start of a two-day visit to China.