Argentina’s central bank would raise interest rates if inflation does not fall “a lot” beginning in May to a level consistent with its 2018 target for a 15% rise in consumer prices, central bank Governor Federico Sturzenegger said on Monday.
Canadian Prime Minister Justin Trudeau backed air strikes by the United States and its allies on Syria’s chemical weapons program but Argentina, Brazil and Peru voiced caution during a regional summit about the escalating military action.
Argentina’s central bank held its benchmark interest rate at 27.25% this week, the monetary authority said in a statement, noting that high-frequency indicators suggested core inflation would remain high in April, but below March’s levels.
Eight police officers in Argentina, including a former town police commissioner, have been dismissed from their posts after four of them claimed that more than half a ton of missing marijuana was carried off by mice, Buenos Aires media reported on Wednesday.
Argentina's icebreaker Almirante Irizar is back in Buenos Aires at the end of its first Antarctic campaign in ten years, following the fire that almost knocked the Finnish built vessel out of action. She left on 26 December and completed 107 days in the high seas and Antarctica's ice.
Argentina, the world’s third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years on Tuesday after drought cut its harvest, forcing crushers there to turn to imports. The surprise move pushed Chicago soybean futures to a one-month high, in the latest development to upend global soy trading after top buyer China last week proposed tariffs on U.S. imports amid an intensifying Washington-Beijing trade dispute.
Argentina’s herd will shrink by up to 1 million head of cattle next year as ranchers facing scorched pastures after the worst drought in decades decide to slaughter females rather than grow their herds, analysts said.
The United Kingdom Ice Patrol HMS Protector is expected this week in Buenos Aires on her return trip from the Antarctica season. The visit is seen as evidence of the renewed and improved UK/Argentina bilateral relations, both politically and in defense issues.
The state-run energy firms of Chile and Argentina said on Wednesday they had inaugurated a US$ 354 million project to increase production of natural gas off the southern tip of South America.
Argentina's Defense minister has sparked a political storm after appearing to imply the Falkland Islands are British. Oscar Aguad has been accused by the Buenos Aires media of suggesting that the Islands were not part of Argentine territory.