Argentina's central bank left the basic interest rate unchanged at 27.5%, a clear signal that inflation remains the main challenge of the country's monetary policy. The bank also revealed that last week it intervened in the local market with 400 million dollars to keep the US dollar in the range of 20/20,50 Pesos to the greenback.
January is summer month in Argentina, equivalent to July in the northern hemisphere, and Argentines love to take to the beaches or travel overseas. This last January, according to the official stats office, Indec, the number of arrived tourists in Argentina increased 8.7% compared to a year ago, but Argentines tourists overseas jumped 20.5%., most probably on the back of a particularly strong Peso vis-a-vis the US dollar.
The Argentine government has announced it plans to invest 15 billion Argentine Pesos (some US$ 750 million) in an ambitious expansion of the country's main international airport, Ezeiza, in the outskirts of Buenos Aires city.
Argentine former deputy foreign minister and ambassador before the United Nations, Fernando Enrique Petrella has been appointed head of the country's Foreign Service Institute, ISEN, according to Decree 176/2018.
Argentina's Commerce Secretary Miguel Braun travelled to Washington to negotiate an exemption to the higher tariffs recently placed on steel and aluminum imports by the Donald Trump administration.
A group of US scientists who were stranded in an ice-bound island off the northeastern tip of the Antarctic Peninsula were rescued on Sunday by an Argentine icebreaker, US and Argentine authorities announced Monday.
The former lead singer of Pink Floyd, Roger Waters, Malvinas veteran Julio Aro, British ex Colonel Geoffrey Cardozo and Argentine journalist Gaby Cociffi were honored last Friday with “Two Roses for Peace” at the Argentine embassy residence in London in a ceremony hosted by ambassador Carlo Sersale Di Cerisano.
Norwegian Air Shuttle ASA plans to fly to Brazil from Argentina and London to boost its month-old operations in South America, Chief Executive Officer Bjorn Kjos said in an interview in Buenos Aires. The Scandinavian company has already received authorization from the Argentine government to operate flights to 13 Brazilian cities. Norwegian is evaluating flying in other Latin American nations, Kjos said, declining to give more details.
Former Argentine president Cristina Fernandez de Kirchner will face trial on charges she covered up the role of Iranians in a 1994 terrorist bombing at a Jewish center in Buenos Aires, judicial authorities announced.
Reynaldo Bignone, the last military president from Argentina's 1976-1983 dictatorship, died on Wednesday at age 90, the country's state news agency said. Bignone had been serving life sentence under house arrest for multiple human rights crimes.