Argentina

Argentina
Wednesday, April 9th 2014 - 07:29 UTC

IMF joins Argentine GDP linked bonds controversy involving potential payment of 3bn dollars

According to Minister Kicillof, with the new measurement methodology, but subject to future review, 2013 growth was 3%

The International Monetary Fund reported on Monday a steep deceleration of Argentina’s economic activity for 2014, in a context of “high uncertainty”, according to its latest World Economic Outlook released in Washington.

Wednesday, April 9th 2014 - 07:03 UTC

Algeciras mayor highlights 'English occupation' of Gibraltar and the Falklands

Landaluce participated of a twinning ceremony at the city of Rio Grande, Tierra del Fuego during the 32nd anniversary of the Falklands war

The mayor of the Spanish town of Algeciras, Jose Ignacio Landaluce flew back this weekend from Argentina, where he had attended a twinning ceremony with Rio Grande, Tierra del Fuego that sought to highlight the ‘English occupation’ of Gibraltar and the Falkland Islands.

Wednesday, April 9th 2014 - 06:52 UTC

Latest storms and rainy weather could cost Argentina 3 million tons of soybeans

Soy beans suffer more than corn in wet fields

Argentina's crop of soybeans and cereals, and the country's main source of hard currency is threatened by the last few days storms of pouring rainfall, flash floods and mud slides that have punished at least seven provinces. Argentina is one of the world's main suppliers of grains.

Wednesday, April 9th 2014 - 06:27 UTC

Another case of “lynching” in one of Buenos Aires most posh neighborhoods

The purse snatcher ended up in hospital while his accomplice fled on the motorbike

A purse snatcher on a motorcycle ended in hospital terribly beaten up by furious neighbors from one of Buenos Aires City most posh boroughs caught him after committing the crime. A woman police on the beat had to rescue the robber from the lynching crowd until other officers arrived.

Tuesday, April 8th 2014 - 07:46 UTC

Record breaking downpour causes flashfloods and mudslides in seven Argentine provinces

In some places rainfall registered was almost the annual average

More than 3.000 people have been forced to abandon their homes in Argentina as torrential rains and flash floods in the last 24 hours hit at least seven provinces. Classes have been suspended, as well as public transport and so have some of the main highways.

Tuesday, April 8th 2014 - 07:35 UTC

March inflation in Buenos Aires City, 3.6% and 37.5% in the last 12 months

Fresh vegetables and fruit was the item with the highest incidence according to FIEL

Consumer prices in the City of Buenos Aires increased 3.6% during March compared to February according to the latest release from the economic consultants FIEL. This is the first drop this year following the increases in January and February which were above 5%.

Monday, April 7th 2014 - 21:05 UTC

UK affairs expert appointed Foreign policy undersecretary at Argentine ministry

A career diplomat and an expert in UK affairs has been named Foreign Policy Undersecretary at the Argentine Ministry of Foreign Affairs. Maria Carolina Perez Colman replaces Maria del Carmen Squeff who was recently nominated as Ambassador before the French government.

Monday, April 7th 2014 - 06:26 UTC

Overwhelming majority of Argentines feel insecurity has become the main problem

However 65% are against lynching as has been happening recently

Eight out of ten Argentines feel that insecurity has been on the rise during recent months while 90% believe that it has become the main problem of the country ahead of inflation, unemployment and corruption, according to a public opinion poll published in Clarin's Sunday edition.

Monday, April 7th 2014 - 06:05 UTC

Army occupies favela in Rio because police was unable to retain control

Heavy armed soldiers patrol the streets while people get on with their daily business

With only 68 days to the World Cup some 2,700 Brazilian troops seized control Saturday of the Mare favela, shantytowns complex, which is considered Rio de Janeiro's last major drug-gang stronghold and located in a strategic area for security reasons: a through area for the city's airport and the Maracaná stadium.

Monday, April 7th 2014 - 05:50 UTC

State of emergency in Buenos Aires province overwhelmed by crime and an outbreak of lynching

Scioli and his full cabinet make the announcement

The governor of Argentina's largest, richest and most populated province declared a 12-month state of emergency following an outbreak of lynching by furious citizens who feel defenceless and 'overwhelmed' by crime. The situation has become a major political issue with magistrates and the Church calling for restrain.

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