
President Alberto Fernández, announced on Wednesday that Argentina together with Mexico, will produce for Latin America the coronavirus vaccine developed by the AstraZeneca laboratory in collaboration with the British University of Oxford.

Argentina aims to reach a deal with the International Monetary Fund over a new financing program before the end of March, a time frame that Fund veterans say is realistic if both sides show commitment. The news was reported by the economic media from Buenos Aires.

Argentina has reached an agreement with creditors to restructure around US$ 65 billion in sovereign debt, breaking a deadlock in talks that will help the country climb out of default and banish fears of a damaging and protracted legal standoff.

Argentina is battling to escape from a messy ninth sovereign default as it firefights recession, stubborn inflation, and increasingly wary investors. The country announced on Tuesday it had reached an agreement with creditors to restructure around US$ 65 billion in foreign debt, breaking a deadlock over recent weeks and setting the stage for a formal deal later this month.

The Argentine government announced on Friday the extension of the quarantine, which has been in force since March 20, to Aug. 16 in an attempt to slow the spread of the novel coronavirus.

Argentina’s government on Wednesday launched a bid to reform the judiciary by increasing the number of federal courts, diluting the power of those that already exist, in what the opposition has labelled as an attempt to manipulate the court system.

Argentina's economic activity experienced an annual 20,6% fall in May moderating the collapse in April, following the quarantine measures implemented because of the pandemic. The data was released this week by Indec, the official stats office, and shows that economic activity in May actually recovered 10% compared to April.

Argentine president Alberto Fernandez on Monday dismissed a counter-offer from three groups of creditors who said they had rejected the country's proposal to restructure US$ 66 billion of debt.

The Argentine government announced on Friday that it has extended the national quarantine aimed at slowing the spread of COVID-19 to August 2.

Approval of Argentine president Alberto Fernandez handling of the pandemic continued to slide during the last week and is at levels similar to those at the start of the quarantine, according to the latest opinion poll from Poliarquia made public over the weekend in Buenos Aires daily La Nacion.