Argentina's coast guard has sunk a Chinese flagged jigger that was fishing illegally within its territorial waters, the coast guard said on Tuesday, marking a first test for relations between President Mauricio Macri and Beijing.In a high-seas chase, a coast guard vessel pursued the fishing vessel Lu Yan Yuan Yu 010 toward international waters, firing warning shots across the Chinese boat's bow as it attempted to raise the crew by radio.
The member of the Falklands/Malvinas legislative assembly Phyllis Rendell on a private visit to Paraguay openly stated that the South Atlantic archipelago claimed by Argentina is a British Overseas Territory and underlined that the sovereignty issue was settled with a war between the two sides over thirty years ago.
Miguel Galuccio confirmed he will be resigning as Argentina's YPF CEO and said he will guarantee an “ordered transition” ahead of the appointment of his successor. In a statement released on Wednesday, Galuccio said he will remain in his position until the upcoming Ordinary Shareholders Assembly takes place. He is expected to leave the state-run company after April 30.
Argentina's Construction Chamber president Juan Chediack said 54,000 jobs have been lost in the sector since December. In statements to a local radio, Chediack pointed out the drop in construction jobs was a result of two factors: ”2015 fiscal deficit that provoked the nonpayment of works, and high inflation that pretty much stopped private developments, which are important job engines.”
President Mauricio Macri has been invited to the European Union and “we are working so that when he arrives we will have several announcements to make and issues to materialize” said Argentine foreign minister Susana Malcorra after meeting in Buenos Aires with Federica Mogherini, EU High Representative for foreign affairs.
British Ambassador in Buenos Aires Dr. John Freeman and Mrs Freeman welcomed Ambassador Carlos Sersale Di Cersiano and his partner Linette de Jager to the Residence and congratulated him on his appointment to London. The British ambassador wished both every success in the years ahead.
After rough discussions, Argentina's Lower House committees on Tuesday managed to clear the holdouts bill for debate with changes proposed by the allied Renewal Front and criticism from Victory Front lawmakers.The bill will reach the floor next week. If it passes, it will then be up for debate in the Senate, where the situation is similar, with the ruling Let’s Change needing help from opposition lawmakers to ensure the bill passes.
Issues related to energy, drug trafficking and border controls, science and technology development, plus support for the South Atlantic Islands and adjoining maritime spaces claim, were among the main issues addressed by Argentina's foreign minister Susana Malcorra during her visit to Bolivia where she met president Evo Morales and her peer David Choquehuanca Cespedes.
Argentina's state-controlled energy company YPF will cut capital expenditure by at least 20-25% this year to mitigate the impact of the global oil price rout — leading to growing concerns among union leaders, who claim up to 2,000 workers would be laid off because of the company’s decision.
United Nations Working Group on Arbitrary Detention wants Argentine President Mauricio Macri to explain why social leader Milagro Sala has been in jail for almost two months. The request comes two weeks after the UN Group accepted a filing submitted by the Centre of Legal and Social Studies (CELS), Amnesty International and Andhes, a group of lawyers from the northern area of the country.