Argentina

Tuesday, January 9th 2007 - 20:00 UTC
Argentine reserves yield a record of nearly 1.4 billion dollars in 2006

Argentina's Central Bank in 2006 obtained nearly 1.4 billion dollars out of investing its foreign currency reserves at a yearly yield of 5.7 percent ÃÂ¢€“ the highest since a crippling five-year recession ended in 2002 ÃÂ¢€” and close to the 1.47 billion dollars the country reportedly spent last year in subsidies to keep inflation under two digits.
Tuesday, January 9th 2007 - 20:00 UTC
Argentine anchovy fishery may damage South Atlantic ecosystem

The indiscriminate Argentine anchovy (Engraulis anchoita) fishing in the southern zone of Argentina could inflict serious damage to Magallanic penguins, whales, seals and sea lions population numbers, warned a study published in prominent scientific magazine Science.
Monday, January 8th 2007 - 20:00 UTC
Lavagna with “slim” chances of beating incumbent candidate

Former Argentine Minister of Economy Roberto Lavagna could become “the main opposition candidate” but his chances of winning October's presidential elections are “slim” said a reputed Argentine political analyst and public opinion polls expert
Saturday, January 6th 2007 - 20:00 UTC
Kirchner's obsession with one digit inflation and subsidies

Argentina managed in 2006 to keep inflation below the two digits (9.8%) as promised earlier in the year, but the Buenos Aires press reveals the cost of such an achievement: the equivalent of 1.47 billion US dollars in Treasury handouts to keep the most sensitive items in the consumers and wholesales indexes in line with the target.
Saturday, January 6th 2007 - 20:00 UTC
Argentina, Mexico in deal to boost trade by 350 million dollars

A new accord between Argentina and Mexico has come in force as from January 1st whereby they increased to about 1,500 the number of bilateral trade products with a sliding scale that will lead to zero tariff in ten years time, Argentina's Foreign Affairs ministry said.
Saturday, January 6th 2007 - 20:00 UTC
Argentine peso, 25% below “equilibrium exchange point”

Five years after the melting of the Argentine economy and one of the country's major financial setbacks including a massive devaluation, Argentina has the least valued currency against the US dollar, according to a panel of economists from J P Morgan investment bank.
Friday, January 5th 2007 - 20:00 UTC
Lavagna makes official his presidential candidacy

Argentina's former Minister of Economy Roberto Lavagna announced Thursday he would be running for the presidency in next October's election with the purpose of offering an “overcoming alternative”.
Thursday, January 4th 2007 - 20:00 UTC
Maradona upset with Boca over Bush daughters

Argentina's top football star Diego Maradona said he's feeling a “bit distant” from his heart team Boca Juniors and criticized the club's president Mauricio Macri for having presented the visiting daughters of US President George Bush with the team's colors.
Wednesday, January 3rd 2007 - 20:00 UTC
Soaring temperatures put heat on Argentina's powergrid

Summer has come to Argentina with a vengeance, bringing temperatures soaring above 40 degrees Celsius this week and almost unbearable loads on the power system.
Wednesday, January 3rd 2007 - 20:00 UTC
Real-time positions of fishing vessels available on-line

The Undersecretariat of Fishing and Development Activities of the Delta Area is now publishing on its web site maps that show the real-time positions of fishing vessels equipped with satellite monitoring devices, the Ministry of Agrarian Affairs (MAA) reported.