Tag: Jorge Capitanich

• Friday, December 13th 2013 - 12:57 UTC

  Argentina surprised by EU request to delay another month trade negotiations with Mercosur

  

  The European Union has asked for a one-month delay in the exchange of proposals to kick off free-trade negotiations with Mercosur, Argentine Cabinet Chief Jorge Capitanich confirmed on Thursday. The news was first reported by Sao Paulo newspapers on statements from Brazilian Foreign minister Luiz Fernando Figuereido.

• Wednesday, December 11th 2013 - 23:17 UTC

  Argentina will unveil new inflation and GDP stats in February and March

  

  Argentina will unveil its new consumer price index (CPI) in February and a revised GDP index in March, Cabinet Chief Jorge Capitanich announced. The dates effectively comply with the demands of the International Monetary Fund (IMF) that had extended a deadline for Argentina to improve the quality of its economic data.

• Saturday, December 7th 2013 - 22:07 UTC

  Police unrest in Argentina continues to extend; Buenos Aires says it is prepared

  

  The Argentine police unrest in demand for higher wages which started last Monday in Cordoba has rapidly spread to at least eight other provinces and the central government in Buenos Aires is preparing for a major challenge. It has already sent special gendarmerie forces to Santa Fe and Cordoba, on request from the governors.

• Saturday, December 7th 2013 - 06:34 UTC

  Brazil says Argentina will again open the doors to bilateral trade next week

  

  Argentina will from next week open the doors for Brazilian imports held up on the border between the two nations, including footwear and motor vehicles, according to Brazilian Minister of Development, Industry and Foreign Trade Fernando Pimentel.

• Wednesday, December 4th 2013 - 23:04 UTC

  Cordoba police wage strike over; conflict revealed ongoing clash of Governor with Buenos Aires

  

  The governor of the Argentine province of Córdoba José Manuel De La Sota confirmed on Wednesday a wage deal was reached to end a conflict and protest staged by the police force on Tuesday which coincided with a wave of looting and left two people dead.

• Wednesday, December 4th 2013 - 06:09 UTC

  Message of support from US to Argentina's latest international financial decisions

  

  United States praised Argentina for its latest commitment to the payment of a debt worth more than 600 million dollars to five companies in exchange for the ending of legal action. The message was transmitted by the US most senior representative in Argentina Kevin Sullivan, in a brief encounter with cabinet chief Jorge Capitanich, according to reports in Ambito Financiero.

• Tuesday, December 3rd 2013 - 21:06 UTC

  Argentines will have to spend summer holidays at home; tourist dollar up 35%

  

  In an attempt to stop the drain of Argentina Central Bank international reserves, the government of President Cristina Fernandez has decided to take the 20% income tax advance to 35% for all credit and debit card purchases made abroad. The move will also involve the purchase of dollars for Argentines travelling abroad with the US currency climbing now to 8.322 pesos.

• Monday, December 2nd 2013 - 16:29 UTC

  Argentina concerned with 'US and UK national debt and monetary basis'

  

  Argentina's cabinet chief on Monday hit back at the United States reacting to comments from the White House on the Argentine central bank reserves saying he was worried about the US and UK debt levels, “the US debt reaches over 100% of GDP”.

• Saturday, November 23rd 2013 - 06:40 UTC

  Capitanich announces 50% tax on luxury goods and different rates for utility services

  

  Argentine Cabinet Chief Jorge Capitanich announced on Friday the government sent a bill to Congress raising taxes on luxury goods such as premium model cars, recreation boats, motorbikes and aircraft, and underlined that ”those who want to buy luxury goods will have to pay more,” he warned.

• Friday, November 22nd 2013 - 03:46 UTC

  “Argentina is on fire because of inflation” says leading businessman

  

  Fiat Argentina CEO Cristiano Rattazzi said that “Argentina is on fire because of inflation” and called on the newly appointed cabinet chief Jorge Capitanich and Economy minister Axel Kicillof “to work hard to bring inflation down”.