The US dollar climbed 11 cents to 15.34 pesos in Buenos Aires City banks and foreign exchange offices, ámbito.com reported. In the wholesale market, the American currency gained 13 cents in early trading but ended the session 4 cents down at 15.03 pesos.
The Finance Ministry made a surprise return to international debt markets, with a two-part US dollar bond sale to finance the re-purchase of GDP-adjusted warrants issued by the country in 2005 and 2010.
both sectors decline compared to same month last year
Despite the national government’s high expectations for the second half of the year, the economy is continuing to slump. The INDEC statistics bureau published data for the industrial and construction sectors, with both registering sharp declines.
President Mauricio Macri pushed for a deal between the two largest trading blocs in Latin America, proposing a free-trade agreement between the Mercosur and Pacific Alliance regional trading blocs at a summit in Chile.
In a dramatic move that will send shockwaves through the already agitated Peronist coalition, a federal appeals court took Federal Judge Sebastián Casanello to task, ordering him to investigate former president Cristina Fernández de Kirchner as part of his ongoing money-laundering probe into alleged crimes committed by Kirchnerite businessman Lázaro Báez.
By Ignacio Portes
"Everyone is saying 'We need more reforms'. Nobody is saying what kind of reforms we would need in addition to those which are under way, including some initiatives we have taken in the field of the social dimension of the internal market," Juncker said.
Assad heaped scorn on British politicians for allowing the vote on leaving the EU, saying lawmakers who had criticised his handling of the civil war had shown themselves to be "disconnected from reality".
In three hours, British politics was turned on its head. Again. The latest victim of the inferno that has ripped through Westminster for the past seven days was the man most responsible for getting the fire started: Boris Johnson, former mayor of London — and, now, former next prime minister of Britain.• Johnson dramatically pulls out of PM race
Israel should stop building settlements, denying Palestinian development and designating land for exclusive Israeli use that Palestinians seek for a future state, the Middle East peace "Quartet" recommended in a an eagerly awaited report.
By Michael Soltys and Tomás Brockenshire
“We believe in you and we want to help” is how Canadian Ambassador Robert Fry describes his main message to the Mauricio Macri administration. In an interview with the Herald to mark Canada Day, Fry speaks of a positive reset of the relationship during his 14-month mission here.