Argentina’s Senate on Wednesday gave final approval to the government’s tax reform and 2018 budget plan, part of President Mauricio Macri’s push to cut business costs and attract investment to Latin America’s No. 3 economy.
Credit risk rating agency Moody's expects Argentina's economic recovery to continue in 2018 and 2019, helped by the reforms advanced by the Mauricio Macri's administration in the last two years.
Argentine president Mauricio Macri in Brasilia expressed full solidarity with the Venezuelan people, called for human rights respect and freedom for the political prisoners held by the regime of president Nicolas Maduro.
Mercosur is the most isolated and protectionist block in the world, said Argentine president Mauricio Macri on Thursday during a meeting with Argentine media, in Brasilia, in the framework of the current presidential summit during which the six-month rotating chair of the group will passed from Brazil to Paraguay.
Merval, the main index of the Buenos Aires Stock Exchange, rose 1.51% Thursday, closing at 28,494.01 points - close to exceeding the maximum of the year, by 28,500 points. The Argentine stocks were driven by the approval of the pension and tax reforms passed this week in the House of Representatives.
The president of Venezuela, Nicolás Maduro, condemned the repression carried out by the Argentine security forces of president Mauricio Macri during the debate in Congress of the pensions' reform system, and underlined that the television reports from Buenos Aires called on him to work ever harder for the benefit of the people.
Argentina’s president defended a pension reform bill approved by Congress in the early hours of Tuesday that has prompted violent protests and a general strike, saying it seeks only to benefit retirees. The measure passed in the lower house by a 127-117 vote after more than 12 hours of debate, much of which came as demonstrators clashed with police outside the chamber.
A trade union-organized march in Buenos Aires descended into violence Thursday, with thousands of protesters clashing with police as they demanded lawmakers reject a controversial pension reform plan. Riot police used water cannons, tear gas and rubber bullets against demonstrators, who threw stones and burned barricades made of rubbish outside the doors of Argentina's congress.
British Prime Minister Theresa May contacted on Tuesday Argentine president Mauricio Macri to express solidarity over the missing submarine ARA San Juan which disappeared on 15 November in the South Atlantic after exchanging messages with its base in Mar del Plata. The news was supplied by the official Argentine news agency, Telam.
A federal judge in Argentina indicted former President Cristina Fernandez for treason and asked for her arrest for allegedly covering up Iran’s possible role in the 1994 bombing of a Jewish community center that killed 85 people and injured hundreds, a court ruling said.