Stories for April 2012
Thirty years after the Falklands short, victorious war
The Economist latest edition includes a piece on April 2nd 1982 when Argentina invaded the Falkland Islands. The ensuing war Britain fought to recover them still colors UK and Argentine domestic politics
Argentina has decided to take control of YPF, says pro-government newspaper
The Argentine government has made the decision to take control of leading energy company YPF and is discussing whether to renationalize it or intervene in its administration, a newspaper reported on Saturday.
Sanctions on Iran force Uruguay to propose Teheran rice for oil barter deal
Uruguay will consult with Iran the possibility of exporting rice in exchange for oil, the government of President Jose Mujica said on Friday.
Argentine government lavishly spending on self-promotion, says TI chapter
The Argentine government spent 1.225 billion Pesos (307.8 million dollars) in 2010 on public advertising campaigns, noting an increase of 25 times since 2003, according to a recent study (*) released by Poder Ciudadano, the Argentine national chapter of Transparency International.
Rootyling for cash, the central bank has become Argentina’s Piggy bank
The Economist argues that with the latest legislation, the Argentine central bank has lost its legal independence and become the piggy bank of President Cristina Fernandez government.
Euro-zone builds firewall but calls for bigger global financial emergency fund
European governments called for a bigger global financial emergency fund after engineering a firewall to fight the region’s debt crisis that tops the symbolic 1 trillion dollars mark.
India and Brazil agree to push for UN Security Council reform
India and Brazil on Friday decided to step up efforts to push the UN reforms, particularly the Security Council and signed half a dozen agreements in areas ranging from science and biotechnology to cultural exchanges.
Brazil considering tax breaks and higher tariffs to help struggling industries
Brazil will extend a payroll tax break to some manufacturers as part of a package of new measures to help struggling industries in a move to help the recovery of Latin America's top economy, a senior government source revealed to the local media.
Three players (and the tax man) share largest lottery jackpot in US history
The largest lottery jackpot in US history, 656 million dollars, will be shared by the buyers of three winning Mega Millions tickets in Illinois, Kansas and Maryland - but their identities remained a mystery, lottery officials said on Saturday.
Argentina targets Mexican car imports and considers revoking trade agreement
Argentina is considering applying measures to restrict the import of Mexican cars, which could include unilaterally denouncing the Economic Complementation Agreement (ACE) 55, which regulates bilateral trade, Argentine government sources told local media, ámbito.com.
