Buenos Aires Times | Argentina slows peso devaluation in an attempt to curb inflation batimes.com.ar - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from batimes.com.ar Daily Mail and Mail on Sunday newspapers.
Argentina s Senate Thursday passed the bills submitted by the Government of President Alberto Fernández postponing this year s elections and changing earnings taxation for companies.
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.
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.