Tag: Argentina

• Tuesday, August 16th 2016 - 07:03 UTC

  Macri will move in an armored car following an attack with stones

  

  Argentine president Mauricio Macri will be moving in an armored sealed following this month's attack with stones during a rally in the city of Mar del Plata. The measure was announced by Security minister Patricia Bullrich who claimed political activists close to former president Cristina Fernandez of having organized the attack.

• Tuesday, August 16th 2016 - 06:56 UTC

  Argentina reaches agreement with oil companies for temporary freeze of fuel prices

  

  Argentina's government and leading oil companies hammered out a plan to gradually trim artificially high wellhead crude prices over the next three months in exchange for a temporary freeze on retail fuel prices.

• Monday, August 15th 2016 - 07:28 UTC

  Argentina's economy: a battle over utility bills is president Macri’s first big crisis

  

  The following article from The Economist points out that the Argentine Supreme Court in the next ten days has to decide on tariff rises for gas and electricity blocked by lower courts. And president Macri cannot afford to lose sine the price increases are a vital part of his plan to restore confidence in an economy undermined by years of reckless spending.

• Monday, August 15th 2016 - 06:39 UTC

  Falklands/Malvinas: Malcorra confirms new dialogue with UK in a raft of issues

  

  Argentina is at the beginning of a new dialogue on the Malvinas issue with the current UK government and this includes air links, hydrocarbons, identifying Argentine graves remains in Falklands, a possible meeting of the two countries' leaders in China, but none of this will happen overnight or make media headlines, anticipated foreign minister Susana Malcorra.

• Saturday, August 13th 2016 - 15:11 UTC

  Argentina could receive a squadron of Mirage F1; Air Force will have no combat aircraft by 2018

  

  Argentina's Air Force will have no combat aircraft by 2018 since by then the three A4-AR Fightinghawk which remain operational will be decommissioned, according to Argentine defense sources. At the end of 2015, the outgoing Cristina Fernandez administration witnessed the definitive decommissioning of the few operational French built Mirage III.

• Saturday, August 13th 2016 - 08:24 UTC

  Argentina's July inflation falls to 2%, confirming sliding tendency

  

  Argentina's inflation rate eased to 2% in July, less than half of what it was two months before when the government began reporting consumer price data after revamping the country's troubled statistics office. The July figure was released on Friday by the new Indec data agency. A month earlier it reported 3.1% inflation for June and 4.2% for May when it issued its first consumer price report since President Mauricio Macri took office in December.

• Saturday, August 13th 2016 - 08:12 UTC

  Catholic Church criticizes Macri's policies and says 1.4 million more have fallen into poverty

  

  A new report released by the Argentine Catholic University (UCA) points to a somewhat bleak outlook on Argentina’s current socioeconomic situation, with the revelation that 1.4 million people fell into poverty between December 2015 and April 2016. The report also provides a qualitative commentary criticizing President Mauricio Macri’s social policies.

• Thursday, August 11th 2016 - 17:53 UTC

  Falklands discards air links with Argentina and iterates London pledge to support hydrocarbons development

  

  The Falkland Islands government has made a public statement pointing out that the UK Government has been open and transparent with FIG about how it would like to improve the bilateral relationship with Argentina but ”has made it clear that this will not include negotiations on the sovereignty of the Falkland Islands.”

• Thursday, August 11th 2016 - 06:52 UTC

  US to provide Argentina with 24 state of the art T6-C Texan II training aircraft

  

  Argentina is in the process of purchasing 24 T6-C Texan II training aircraft from the United States, which will also be employed in border control and combating drugs. Apparently the operation has been approved by the US Defense Department and was one of several good news Secretary of State brought last week when he visited Buenos Aires.

• Thursday, August 11th 2016 - 06:39 UTC

  After nine years “Almirante Irizar” is ready for sea tests but faces a “muddy” problem

  

  Argentina's Antarctic exploration flagship icebreaker “Almirante Irizar” is ready for the sea tests after nine years under repairs in the government's defense shipyard and hundreds of millions of dollars, but an unexpected last minute “muddy” impediment has surfaced.