It rained more in two days than it usually does in a month in some northern Argentine soy growing areas recently, but the crop losses will have little effect on national production when harvesting starts next month, farm weather experts said.
Thousands of women, many sporting the green scarves that have become the symbol of Argentina's abortion rights movement, rallied in Buenos Aires and other cities on Wednesday to campaign for a new bill to legalize abortion.
An IMF team, led by Julie Kozack Deputy Director of the Western Hemisphere Department and Luis Cubeddu Mission chief for Argentina, visited Buenos Aires from February 12 to 19, 2020 to discuss the recent macroeconomic developments and learn more about the Argentine authorities’ economic plans and policies. At the conclusion of the staff visit, Ms Kozack and Mr Cubeddu issued the following statement:
Argentina industrial activity plummeted 6.3% during 2019, completing two consecutive years of losses, reported the Argentina Industrial Union following a survey of the sector which showed auto manufacturing suffered the greatest contraction, 32.5%.
The Falkland Islands female team competing at the Badminton Pan Am Cup in Brazil gallantly completed its participation in the four-day event, despite protests and bullying from Argentina. Meanwhile Canada successfully defended both titles on finals day at the Pan Am Male and Female Cup.
The International Monetary Fund, as the lender of last resort, won’t offer a haircut on its Argentina loan after Vice President Cristina Fernandez de Kirchner called on the institution to take a loss.
The Financial Times dedicated on Monday an editorial to Argentina and its current strategy to avoid again defaulting by pressing on the IMF, and later on sovereign bondholders, for a significant haircut in its national debt approaching 90% of GDP. However, FT points out that “debt talks are unlikely to succeed without a strategy for economic revival”
Brazilian president Jair Bolsonaro said on Monday he wants a good relationship with Argentina and it is up to the foreign ministers of both countries to agree on a meeting with his peer Alberto Fernandez, since the announced summit scheduled for March first in Montevideo, had fallen through.
Argentina's meat industry is becoming highly complicated because of the drop in exports to its main market, China, warned Daniel Urcía, vice-president of the Argentine regional abattoirs industry, FIFRA.
This Tuesday the incoming Uruguayan foreign minister Ernesto Talvi will be in Buenos Aires on an invitation from his future peer Felipe Solá, which has been interpreted as the first formal contact between the Kirchnerite government of Alberto Fernandez and that of president-elect Luis Lacalle Pou, who takes office on March first.