Argentina will be receiving in a few weeks time five refurbished Dassault-Breguet Super Etendard (SEM) fighter bombers decommissioned from the French navy. The 13 million Euro purchase also includes a flight simulator, engines and spares and are currently sailing across the Atlantic en route to Bahía Blanca.
Argentina's President Mauricio Macri announced a freeze in the price of basic goods and public services on Wednesday in a bid to limit the impact of spiraling inflation that could hamper his re-election hopes in October. Hit by soaring prices due to inflation that reached almost 55% over the last 12 months, many Argentines have been calling for a change in economic policy.
Argentina's inflation rate accelerated for the third straight month in March, the government statistics agency said on Tuesday, prompting the central bank to unveil fresh measures to temper raging inflation and protect the embattled peso currency.
Qatar Petroleum (QP) has won exploration rights in five offshore blocks in the North Argentina, and Malvinas West basins in Argentina. The winning bids were announced on Tuesday by Argentina’s Secretariat of Government of Energy (“SGE”) at the end of a public tender process that started in November 2018.
Argentina sold US$ 60 million in the foreign exchange market on Monday, traders said, marking the start of peso-buying program approved by the International Monetary Fund and aimed at bolstering government finances.
The group of mothers of people who disappeared during Argentina's military dictatorship sent a government official packing on Monday after he tried to conduct an audit of their assets as part of a bankruptcy investigation.
The assassination squad created by Argentina’s military dictatorship to target dissidents during the 1970s had, like other state programs, its own bureaucratic rules: Employees punched in at 9:30 a.m. and were entitled to a two-hour lunch. They received a US$ 1,000 clothing allowance during their first overseas mission. And they were required to submit expense reports.
Argentina reiterated its support for Venezuela’s opposition leader Friday by issuing diplomatic credentials to a new delegate and officially announcing its withdrawal from the regional UNASUR bloc, which has been criticized over its lack of action on Venezuela.
The United States handed thousands of documents on Friday to Argentina on disappearances by the military dictatorship (1976/1983), completing Washington's biggest-ever transfer of documents to another government.
International travelers are flocking to Argentina, taking advantage of the poorly performing peso to boost the value of their holiday spending money, according to latest data.