Federico Lorenz, considered one of Argentina's foremost experts on the Falklands/Malvinas Islands issue and author of multiple works on their history, will take the reins as the interim director of the Malvinas Islands Museum in the latest in a far-reaching shuffle of key cultural positions in President Mauricio Macri’s new administration.
President Mauricio Macri's government reaffirmed on Sunday, 3 January, Argentina's sovereignty rights over the Falklands/Malvinas Islands on the 183 anniversary of the 'British occupation of the archipelago' in the South Atlantic, and called for dialogue with the United Kingdom. In a statement published in the Foreign Ministry site it said that “Argentina renews its commitment to the peaceful solution of controversies, to international law to and multilateralism”.
Argentina's former foreign affairs minister under ex president Cristina Fernandez, Jorge Taiana has been nominated speaker of the Mercosur Parliament in Montevideo, as of this month and year.
Creditors suing Argentina over billions of dollars in defaulted bonds have subpoenaed HSBC Holdings Plc for information about the country's effort to raise money abroad, a person familiar with the matter said on Tuesday, as reported by Reuters.
A growing number of foreign investors are signaling interest in Argentina following the pro-market turn that newly-inaugurated President Mauricio Macri started showing since taking office. The latest financial player to endorse the country as a promising investment destination was JP Morgan Chase, the largest bank in the United States, where current Finance Minister Alfonso Prat-Gay worked in the past.
Argentina's two largest state workers unions have warned they will be carrying out a strike on December 29 as a response to president Mauricio Macri's government vow to review public-sector contracts.
This short week and the month of January will test if the Argentine administration of president Mauricio Macri can continue to build up Central Bank reserves following on the decision to end the dollar clamp, let the foreign exchange float, together with the prospect of loans and hoarded grain sales.
Tierra del Fuego tourism industry praised the Argentine government's decisions to end the dollar clamp and make more transparent the foreign money exchange because this will make the country, and Tierra del Fuego, highly competitive internationally. However they also cautioned that consideration must be given to domestic and regional tourists which make up almost 45% of the number of the people visiting the extreme south of Argentina.
The Argentine government will issue bonds worth US$5 billion to be auctioned this week to pay back debt from imports during the previous Cristina Fernandez administration, according to a resolution published by the current government.
Argentina's foreign minister Susana Malcorra stated that the conflict with the United Kingdom over the Falklands/Malvinas Islands sovereignty is “a constitutional issue, not optional”, and described the position of the former Cristina Fernandez administration on the matter as “too tough”, while pledging that the “conflict must and will be integrated into a wider perspective”.