
With its green bell tower and royal coat of arms, the Torre Monumental in Buenos Aires would not look out of place in a British market town. The 60-metre Palladian clock tower was a gift from the city’s British community to mark the centenary of Argentina’s 1810 revolution (though it was completed in 1916). On May 24th this year around 200 people gathered to commemorate its centenary.

The Falkland Islands and Falkland Islanders must be addressed as if they were Argentines or foreigners living in mainland Argentina, which means a more “normal relation” with the Islands including extending healthcare services, education and even greater air connectivity, according to the latest column from Martin Dinatale, editor in chief of La Nacion who in a previous piece revealed the “humanitarian approach” the government of Mauricio Macri has in mind on the Falklands/Malvinas dispute.

Venezuela, in the midst of a most serious domestic political and economic situation, and with less foreign allies is scheduled to take the chair of Mercosur as of next June for the following six months. However it has been agreed that Uruguay will continue leading Mercosur negotiations with the European Union for a much delayed wide ranging cooperation and trade agreement.

Argentina's Defense minister Julio Martínez headed the Air Force's 34th baptism of fire anniversary which took place on May first 1982 during the South Atlantic conflict. The Sunday event at the V Air Brigade in Villa Reynolds, province of San Luis, was also attended by government and military officials, Malvinas veterans and Air Force Chief of Staff Brigadier Major Enrique Victor Amrein.

Financier Paul Singer again took to the US media to celebrate Argentine President Mauricio Macri’s decision to settle with the so-called “speculative” creditors, including Singer’s own Elliott Management, with an article in the Wall Street Journal heaping praise on his business-friendly approach and willingness to negotiate with the holdouts.

United States hedge fund billionaire Paul Singer is a big fan of Argentina’s new president. For one thing, Mauricio Macri doesn’t call him a “vulture lord” or a “bloodsucker,” as his predecessor Cristina Fernández did. More important, the newly elected Macri recently paid Singer’s firm US$2.28 billion in debt.

Reporters Sans Frontières (RSF) international organization questioned the abrogation of Argentina’s media law decided by the administration of President Mauricio Macri, warning the new legislation that creates the Enacom agency “favors” concentration of media ownership in the country.

Argentina's President Mauricio Macri received fresh endorsement of his economic measures on Wednesday when French President Francois Hollande flew in to Buenos Aires with 30 business leaders looking for investment opportunities. The visit reflected a turnaround in Argentina's global profile since Macri took power two months ago and immediately set about mending diplomatic ties and his country's tattered credit ratings.

British Defense Secretary Michael Fallon is scheduled to visit the Falkland Islands this week, the first such visit in over a decade. However the timing of the visit has caused some irritation with the Foreign Office, according to the London media, since it could interfere with the current approach with the new Argentine administration.

While investors cheered progress on last week's arduous negotiations in New York between Argentine government officials and litigant investors, the administration of president Mauricio Macri still faces an uphill battle as it works to bring other holdouts on board.