Another member of Argentine President Mauricio Macri administration is in trouble over statements referred to the Falkland Islands, which were actually unearthed from years back, but in election time strange things tend to happen and social networks picked up the outburst of such major 'sin'.
Argentina's central bank hiked interest rates on its short-term securities on Tuesday in its monthly auction, the second such increase in the past three months as it seeks to soak up pesos and rein in stubbornly high inflation.
Controversy has erupted in Argentina following the release in Facebook of clandestine pictures from the current exhumation works at the Darwin Cemetery in the Falklands with the purpose of identifying the remains of Argentine combatants in at least 95 graves with tombstone reading, “Argentine soldier, known only to God”.
The former leader of the UK Independent Party and great promoter of the Leave position in the Brexit referendum Nigel Farage, has mentioned Argentina and Falklands policy as proof that Britain’s foreign aid budget is being spent in completely the wrong places.
Argentina's new subsidized mortgage scheme is gathering steam, boosting construction activity and winning over the middle class ahead of mid-term elections in October that will determine the future of President Mauricio Macri's market-friendly agenda and his attempts to put the country's accounts in order.
Argentine justice confirmed that phone calls to the Falklands/Malvinas Islands must be billed as local calls and not long distance. Argentine telecoms companies Telefonica and Telecom said that this was normal procedure, however a client presented a consumers' appeal claiming a call to the Falklands had been labeled as international instead of domestic.
Oil and gas production in Argentina has fallen to 1981 levels, the lowest in 25 years, despite a $14 million government subsidy for the first five months of this year. From last year to May 2017, the country has produced 2,311,736 m3 of oil and just under 3.8 billion m3 of gas, which shows a drop of 6% and 1.8% respectively.
British Ambassadors to the Southern Cone countries, Argentina, Brazil, Uruguay and Chile will be attending Canning House to give round-table briefings on their experiences since their recent appointments to their respective posts. They will present the latest political, economic and business updates from those countries and answer any questions during the closed round-table session.
Argentine defense minister Julio Martinez criticized the previous government policies towards the Armed Forces saying that during the Falklands/Malvinas conflict the country lost 72 aircraft, but under the administrations of Nestor and Cristina Kirchner over a hundred went out of service or were decommissioned.
The British Embassy in Argentina has selected 21 project bids submitted by government agencies and civil society organizations which will award almost 10 million pesos worth of funding during the second half of 2017. The initiative follows on the spirit of the 2016 September Joint Statement.