Argentine Citizenship with family ties

Q: If two non-argentinian parents have a child in Argentina will the child be an Argentine citizen? What would happen to the parents in this case? Would they be able to obtain permanent residency regardless of their status in the country as the parents of an Argentine citizen?
Can the parents apply for citizenship without waiting two years?

A: Yes, the child will be an argentine citizen. Both parents can apply for permanent residency regardless of the status but they are required to present criminal records background check from their countries of citizenship.
Yes, they can apply right away, no need to wait 2 years.