Argentine President Mauricio Macri and his rivals in the October election launched their campaign ads on local TV on Sunday, targeting undecided voters who will be key to choosing whether his policies remain in place another four years.
A contract for the sale of two Argentine Pampa III jet trainers to the Guatemalan Air Force has been signed in Buenos Aires. The deal, worth US$ 28 million, was signed on 3 July by the Argentine and Guatemalan defense ministers, Oscar Aguad and General Miguel Ralda respectively, along with Antonio Beltramone, the president of Argentine state aircraft manufacturer FAdeA.
Alberto Fernandez, the main challenger to incumbent President Mauricio Macri in October elections, said on Thursday that if elected he would seek to “rework” Argentina’s huge financing deal with the International Monetary Fund, calling it “harmful.”
The IMF through its spokesperson at its daily press meeting confirmed that Managing Director Christine Lagarde and her deputy David Lipton effectively met with Argentine president Mauricio Macri, and Economy minister, Nicolás Dujovne at the G20 summit in Osaka, Japan.
Boris Johnson, the leading candidate in the current process to replace Theresa May as UK prime minister is open to dialogue on the Falklands/Malvinas issue, said Argentine foreign minister Jorge Faurie during a meeting with the United Nations Secretary-General Antonio Guterres.
“What good is it to throw a man ten feet of rope if he is drowning in 20 feet of water?” asked Kenneth Rogoff, former chief economist of the IMF, to The Economist 15 years ago. His question still bothers the institution he used to advise.
Months of intense political negotiations and last minute nerve breaking deals came to an end in Argentina on Sunday's zero hour deadline, when the different political groupings had to present to electoral authorities their list of presidential hopefuls, as well as future lawmakers.
Argentina's unemployment rate rose to 10.1% in the first quarter from 9.1% in the first three months of last year, the official INDEC statistics agency said. This is the highest level since current president Mauricio Macri took office, and the worst in thirteen years.
Argentine politician Sergio Massa, who recently pledged his support to the main opposition challengers to President Mauricio Macri, is in line to play a key role in the country's Congress if his new allies win national elections later this year.
A massive blackout left tens of millions of people without electricity in Argentina, Uruguay, Paraguay and parts of Chile and southern Brazil on Sunday. The Argentine president called it an “unprecedented” failure in the countries' interconnected power grid.