The Argentine province of Santa Fe will be the coliseum for South America’s oldest and fiercest derby when the locals meet Uruguay in the quarter finals of the Americas Cup. Both teams arrive with an unsatisfactory record in the current competition and are expected to make the most to ensure they reach the finals.
Argentina’s trade relation with Brazil does not have restrictions and “it’s understandable that some differences surface” when bilateral trade will be reaching over 40 billion dollars this year, said Argentine Industry Ministry sources in Buenos Aires.
According to Argentina’s statistics office Indec consumer inflation was 0.7% pushed mostly by the cost of clothing. However private economic consulting offices estimate the index was double the official announcement.
The Argentine Central bank has purchased so far this week 500 million US dollars to ensure that the country’s exporters retain a favourable exchange rate and importers are not that tempted to buy foreign goods.
“Saving in US dollars or in soybeans is the same” cautioned Argentine economist Carlos Melconian, who argued that “grain and oilseed prices are more linked to the value of the dollar than to demand for food produce”.
IMF said on Wednesday that it is assessing the quality of Argentina's reporting on economic data based on a report presented by the fund’s management which recently visited the country member.
Argentine President Cristina Fernández de Kirchner announced Wednesday on her official Twitter social network account that her son, Máximo Kirchner, has confirmed that she will be grandmother as her son's girlfriend is pregnant.
Buenos Aires City Mayor, conservative Mauricio Macri said on Monday he was “really surprised” with the large margin victory obtained in the first round of his bid for re-election and considered the result “a good example of the voters’ independency, and how citizens can surprise with their decisions”.
President Cristina Fernandez de Kirchner said that “Argentina is absolutely committed to peace” and dismissed as “ridiculous” statements from the United Kingdom threatening to use force if needed to preserver the occupation of the Falkland Islands.
Fisheries catches landed in Argentine ports totalled 356.304 tons in the first six months of 2001 which represents a 13.3% over the 314.338 tons of the same period a year ago. However, squid landings in the same period doubled but from a very low 2010 floor, according to the latest data from the Under Secretariat of Fisheries and Aquaculture.