President Barack Obama yesterday praised Argentina’s new centre-right leader, Mauricio Macri, for the swift pace of reforms to create a stronger economy and said Washington was ready to work more closely with Argentina after years of tension.

Argentina’s president Mauricio Macri has been sworn in, taking over from the country’s often divisive outgoing leader Cristina Fernandez.

A fire raged across an ecological reserve in Argentina’s capital, streets from the city’s political and financial centre.

Argentina’s takeover of its formerly state-owned energy company from Spanish shareholders won easy approval from legislators.

The mayor of Buenos Aires Mauricio Macri is looking forward to hosting the Olympic torch and does not expect a repeat of scenes which have marred the global relay.

ALFIO BASILE will start his second spell in charge of Argentina on September 15 after an agreement was made with his club side Boca Juniors.

Argentina legend Diego Maradona was officially presented as the new vice-president of Boca Juniors on Friday night.

Diego Maradona remains in a satisfactory condition in the intensive care unit of the Suizo Argentina Clinic, but is still attached to a machine that is helping him breathe.