Argentina is in recession after its economy shrank by 3.5% during the third trimester of 2018, the state statistics bureau said on Tuesday. It was the second such shrinkage in a row after the economy shrank 4.0% in the second quarter, with respect to the same period a year ago.
Bolivia’s football-mad President Evo Morales has offered his Argentine, Uruguayan and Paraguayan counterparts help in their joint bid to host the 2030 World Cup.
Morales made the offer to the equally passionate presidents, Mauricio Macri of Argentina, Uruguay’s Tabare Vazquez and Paraguayan Mario Abdo Benitez during regional Mercosur heads of state meeting in Montevideo.
The presidents of all Mercosur member and associate countries gathered Tuesday in Montevideo for a summit to redefine the bloc's future, in light of recent statements from Brazil's future government that the region will not be among the priorities of Jair Bolsonaro when he becomes president on January 1.
Argentine ex-president and Senator Cristina Fernandez de Kirchner is back on stage and looking to run in next October's presidential election, hopefully with a united opposition. Mandatory primaries in Argentina are only eight months away and several of her acolytes over the weekend and with her blessing announced she is prepared to run for the presidency.
Poverty in Argentina has risen to its highest in eight years, a new report has revealed, with more than a third of the population now considered to be poor. The new survey, from the Catholic University of Argentina's Social Debt Observatory, found that 33.6% of Argentines were living below the poverty line in the third quarter of the year.
The brother and father of Argentina's President Mauricio Macri are to testify in court this week over their alleged involvement in a huge kickbacks scandal known as the corruption notebooks case, reports said on Monday.
Mercosur and the European Union will be holding a round of technical talks this week in Montevideo, starting on Monday, with the purpose of building a strong consensus that could anticipate an agreement sometime next year.
Prime Minister Theresa May has appointed Mark Menzies MP as the Prime Minister's Trade Envoy to Argentina. The announcement was made on Monday by the Secretary of State for International Trade Liam Fox, in a message to both Houses of Parliament.
She was the last to arrive, but together with French president Emmanuel Macron one of the most popular leaders during the G20 summit in Buenos Aires. Her official aircraft had to turn back because of communications problems so German Chancellor Angela Merkel took a commercial flight from Madrid directly to Buenos Aires, a day late for the inauguration but not for the other activities including a couple of outings in the Argentine capital.
China's president on Sunday signed new trade deals with Argentina as the Asian giant expands its growing role in Latin American economies. Presidents Mauricio Macri of Argentina and Xi Jinping of China announced the more than 30 agriculture and investment deals during a state visit following the Group of 20 summit of leaders in Buenos Aires.