PRESIDENT CRISTINA FERNANDEZ
President Cristina Fernández said last night that “the re-industrialization of the country is not only an economic model” and held that it is necessary an acknowledgement of this process of the last decade, which pulled Argentina out of a deep political and social crisis.
After the first stage of the currency exchange agreement with China was implemented, the Central Bank reserves surpassed the US$ 28 billion mark, by increasing US$ 721 million if compared to the US$ 28,101 million registered at yesterday's closing.
Argentina has been elected a member of the United Nations Social and Economic Council in New York, for a three-year period as from Jan. 1, 2015, with the support of 182 out of 186 countries that voted.
SUPREME COURT JUSTICE
Justice Eugenio Zaffaroni has presented his resignation to the Supreme Court, through a letter addressed to President Cristina Fernández. In his letter, Zaffaroni informs that his decision is adopted due to “unavoidable legal reasons.”
The main Russian companies and the Latin American Association of Development Financial Institutions -Alide- analyzed in Moscow the best financial solutions so these companies could make possible their intentions of increasing the exports to the region.
It was officially announced that the Central Banks of Argentina and the People’s Republic of China have activated the first stage of the currency swap agreement signed last July. Argentina requested an exchange of U$S 814 million, which was accredited by its Chinese counterpart.
Cabinet Chief Jorge Capitanich
According to Cabinet Chief Jorge Capitanich, there is a sort of “repeal front” active in the opposition, which “seeks to end with all this Government has done in the last 11 years”.
The Rectors of five National Universities located in the Buenos Aires' Metropolitan area signed an agreement to create Canal Sur, a TV signal that shall operate according to the Audiovisual Communications Law.
Through an Executive decree published by the Official Gazette, the Government enacted the new Hydrocarbons Law, recently approved by Congress.
Supermarket billing went up by 34.9 percent in September, compared to the same month in 2013, according to figures disclosed by INDEC, National Institute of Statistics and Census.