Argentina

Argentina
Thursday, April 24th 2014 - 08:11 UTC

Argentine President Cristina Fernandez received China’s Foreign Ministry Wang Yi

 Minister Wang Yi with President Cristina Fernadez at the Casa Rosada

During the meeting they signed several trade agreements, including aerospace infrastructure at the Government House. The president was accompanied by Cabinet Chief Jorge Capitanich, Economy Minister Axel Kicillof, Federal Planning Minister Carlos Julio De Vido and Foreign Minister Héctor Timerman, with whom Wang Yi had a previous meeting.

Thursday, April 24th 2014 - 07:59 UTC

China making inroads into Brazilian trade with Argentina, says CNI

“We are losing our market in Latin America. Our competitiveness is being constantly called into question”, complains Carlos Abijaodi

Argentina's economic situation has hit Brazil harder than its other commercial partners, as China has been making inroads into Brazilian trade with Argentina. Chinese exports to Argentina have more than tripled in the last ten years, according to a study carried out by Brazil's National Confederation of Industry, (CNI).

Thursday, April 24th 2014 - 07:35 UTC

Argentine government cancels releases on poverty and indigence

Under government stats poverty in Argentina comprises 4.7% of the population but for the Catholic university, 25%

Argentina's Statistics and Census Institute (Indec) postponed the release of figures from the so-called House Poll, which includes strategic information regarding poverty and indigence rates, officials from that entity confirmed on Wednesday afternoon.

Thursday, April 24th 2014 - 07:05 UTC

Argentine broad front opens possibility of runoff dispute in 2015 presidential election

Binner, Scioli, Massa, Cobos, Macri , one of them will possibly replace Cristina Fernandez when she steps down in December 2015

Political analyst Rosendo Fraga believes that with the integration this week of the Broad Front, Argentina in the 2015 presidential elections in the hypothetical case of a runoff, would experience a dispute not between two Peronists options, as opinion polls have indicated to far, but with a non Peronist alternative.

Wednesday, April 23rd 2014 - 09:28 UTC

Argentina's high court rules export levies are unconstitutional; case benefits shrimp exporter

In Argentina only Congress is entitled to create taxes.

Argentina's Supreme Court ruled as unconstitutional a Ministry of Economy resolution imposing export taxes on the overseas sale of produce from Camaronera Patagonica. Following the ruling the Patagonia shrimp company should be able to recover the levies on exports charged between March and August 2002.

Wednesday, April 23rd 2014 - 07:57 UTC

Former Menem symbol minister sentenced to four years imprisonment

María Julia Alsogaray was responsible for the privatization of Argentine telecommunications

María Julia Alsogaray, a former official in Argentine ex-president Carlos Menem administration cabinet (1989/99), was sentenced this week to four years in prison for the fraud she committed during the privatization of the state-owned EnTel telecommunications company in 1989. It is the third sentence for Alsogaray in the past few years.

Wednesday, April 23rd 2014 - 07:53 UTC

Argentine economy expands 1.3% in February over a year ago, says government

Agriculture's contribution was particularly strong while manufacturing and construction were down

Argentina's economy expanded 1.3% in February compared with the same month a year ago, the government said on Tuesday, a result that outpaced market expectations. The government's stats office Indec also revised January economic activity to positive 1.4% from a previously reported expansion of 1.2%.

Wednesday, April 23rd 2014 - 04:58 UTC

A centre-left broad front is born in Argentina as “a government alternative”

The new alternative celebrate at the launching of the group

The leaders of various Argentine centre-left and radical parties signed on Tuesday evening the document which marks the official birth of the Broad Front UNEN, the electoral coalition which aims to provide a non-Peronist alternative at the 2015 presidential vote.

Tuesday, April 22nd 2014 - 07:12 UTC

EU anti dumping measures force Argentina to eliminate taxes on bio-diesel

“We are in a trade war” Cristina Fernandez said in announcing the measure

Argentine President Cristina Fernandez on Monday asked Congress to eliminate some of the taxes paid by biodiesel manufacturers in a bid to support an industry hard hit by European Union anti-dumping measures, which was the country's main export market.

Tuesday, April 22nd 2014 - 07:06 UTC

Protested controversial photo show of Nestor Kirchner opens in Montevideo

The exhibit praises Kirchner as one of the greatest Argentine leaders of recent times

A great pictures exhibition of former Argentine president Nestor Kirchner to be opened on Tuesday in Montevideo's Town Hall has triggered strong criticisms from the opposition which claims there was no request to the elected councilors for such an event, which is sponsored by the Argentine embassy.

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