Finance Secretary Hernán Lorenzino said Argentina wants to successfully conclude negotiations with the Paris Club Group of creditor nations involving 6.7 to 8 billion US dollars in defaulted debt before April.
Argentine Economy Minister Amado Boudou confirmed that the ministry sent a letter to the Paris Club in order to initiate negotiations and establish a course of action for the cancellation of debt, although no specific dates were mentioned.
Bilateral trade among Mercosur main partners, Argentina and Brazil is expected to reach a “historic record” of almost 34 billion US dollars this year, 80% of which mostly manufactured goods, according to Argentine Industry minister Deborayh Giorgi, who also anticipated that the deficit would drop 30%.
Argentine businessmen from different sectors showed their concern about the upward trend of the inflation and assured that the real volume doubles the one reported by the Indec national statistics bureau.
Fissures inside the Argentine cabinet are surfacing and refer to one of the most irritating issues for the administration of President Cristina Fernandez de Kirchner: inflation or no inflation.
Sales of farm machinery in Argentina soared 73% totalling 7.074 units, in the third quarter compared to the same period a year ago and 33.6% over the previous quarter according to the latest release from the Statistics and Census Office, Indec.
Argentina’s main opposition group the so called “Federal Peronism”, dissidents from the ruling movement admitted going through a serious “crisis” because of the diverging opinions amongst its leaders, several of them 2011 presidential hopefuls.
Under the motto “let’s go for more” Argentina’s gay and lesbian community is campaigning for a “gender identity” law to enable individuals to change their gender on birth certificates and identity cards.
By Roberto Cox (*) - Few people in Argentina, or Britain for that matter, are aware that in the years leading up to the war that was fought over the possession of the Islands that Argentina calls the Malvinas and Britain the Falklands, the British government was trying to integrate them with the mainland. Out of deference to the islanders — the Kelpers as they are called — I will not be so bold as to write that Britain was intent on giving the islands and their inhabitants to Argentina, but that was the general idea.
The province of Buenos Aires has the largest population of Argentina having increased 9.9% in the last nine years and reaching 15.2 million according to the preliminary results form the country’s national census.