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Argentine Senate passes bill to postpone primary, mid-term elections

Russia plans major presence in Argentina with two nuclear plants plus military equipment

Full article Russia would be willing to supply Argentina with the “most modern and suitable military weapons,” according to Feoktistov. Russia s Ambassador to Buenos Aires Dmitry Feoktistov has confirmed his country s intention to build two nuclear power plants in Argentina and press sources at the Casa Rosada presidential palace have not denied it, although the project is yet to be officially endorsed by the administration of President Alberto Fernández. Cooperation between Argentina and Russia is running smoothly since the purchase of Sputnik V anti-coronavirus vaccines and the agreement to produce them locally soon. Of the two projected plants Russia allegedly intends to support financially, one would be located on the Argentine mainland while the other, a more ambitious one, would be placed at sea.

Cost of living in Argentina rises 4 8% in March alone

Inflation will not be as sharp as of April, Guzmán forecast. Argentina s Consumer Price Index (CPI-Cost of living) rose 4.8% during March, 1.2 percentage points above February s 3.6%, the National Institute of Statistics and Censuses (INDEC) announced Thursday. Therefore, inflation for the first quarter of 2021 reached a cumulative 13% and 42.6% for the last 12 months, the agency reported. Economy Minister Martín Guzmán had anticipated March s inflation was going to be the highest of the year, “but it will decrease as of April.” Education showed an increase of 28.5%, followed by clothing and footwear, with an increase of 10.8%. Food and non-alcoholic beverages posted a 4.6% rise, owed basically to the increase in the prices of milk, dairy products, eggs, oils, fats and lard, meats, vegetables, legumes, bread and cereals.

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