Argentina

Argentina
Friday, October 17th 2014 - 07:17 UTC

ARSAT-1 is Argentina's first designed and developed geostationary satellite

The launching took place in French Guiana base Kourou on an Arianne 5 rocket

The ARSAT-1 is Argentina first domestically designed and developed geostationary communications satellite, and its construction and successful launching, on Thursday, was defined by the government as “historic.”

Thursday, October 16th 2014 - 07:40 UTC

September inflation in Argentina: anywhere between 1.4% and 2.48%

On an annual basis the 'congressional index' soared to over 41% in September

Argentina's inflation during September reached 1.4% and accumulates 19.8% in the nine months according to the latest release from the government stats office Indec. However earlier in the week the Freedom of Expression committee from the Lower House which regularly announces the average of private analysts, (identified as the congressional index), said the consumer price index for the ninth month of the year was 2.48% and 41.6% in the last twelve months.

Wednesday, October 15th 2014 - 10:31 UTC

Argentine delegation after trade and investors in India

India's Federation of Commerce and Industry Chambers, and Invest India are sponsoring the meetings in New Delhi

A numerous Argentine delegation will be attending this week trade and investment conferences in New Delhi as part of the country's efforts to increase exports to the growing Indian market and attract investors.

Tuesday, October 14th 2014 - 05:15 UTC

Lady Alice: “Argentines eat a lot of beef, but have never eaten a journalist”

Jeremy Clarkson, expert in baits for controversy and fabrications who appeals to English nationalistic instincts

Jeremy Clarkson and BBC's 'Top Gear' program need publicity and controversy to keep going and that he has managed with his recent incursion through the south of Argentina, which ended with his team escorted to the border with Chile fearing 'for their lives', which obviously impeded them from accomplishing their formal task but not the real objective.

Monday, October 13th 2014 - 07:17 UTC

Argentina doesn't need international credit, “we have foreign currency to face debt maturities”

Kicillof argued the problem with foreign credit is “conditions demanded”

Argentine Economy Minister Axel Kicillof has assured that the government of president Cristina Fernandez is not seeking international financing despite current economic problems, since it has foreign trade surpluses and all the foreign exchange needed to face debt maturities.

Saturday, October 11th 2014 - 09:11 UTC

Argentina claims in can detect the ebola virus in patients in less than 24 hours

Deputy Health minister Jaime Lazovski revealed that at the moment officials have registered five false alarm cases in different parts of the country.

Argentina has developed a molecular biological method to detect the presence of the Ebola virus in a patient in less than 24 hours, the Argentine health ministry has announced.

Saturday, October 11th 2014 - 03:24 UTC

Special Master Pollack to meet with Argentina's and holdout lawyers next week

Daniel Pollack confirmed that he anticipated a meeting, but declined to provide further details

A United States court-appointed mediator said on Friday he would hold a meeting next week between lawyers for Argentina and 'holdout' creditors suing the country in a longstanding dispute over defaulted debt.

Friday, October 10th 2014 - 05:30 UTC

Industrial activity in Argentina down 2.9% in eight months of the year

Construction materials sales drop is closely linked to the 12.6% contraction of the construction industry

Industrial activity in Argentina dropped 4.9% during August compared to the same month a year ago, reported the Argentine Industrial Union (UIA), the country's most influential manufacturers' lobby. This represents its sixth straight fall and a 2,9% decline for the first eight months of 2014.

Friday, October 10th 2014 - 05:25 UTC

Buenos Aires City inflation in September up 2.2% and 40.3% in twelve months

Because of the change of season clothing and foot wear had a 4.5% impact

The Buenos Aires City consumer price index climbed 2.2% during September accumulating 40.3% in the last twelve months according to the latest release from the City's stats office. So far this year (nine months) inflation has reached 31.1%

Friday, October 10th 2014 - 04:47 UTC

Damon Albarn apologizes to Argentina for Top Gear's offensive behavior

The English singer-musician was cheered by his audience in Buenos Aires

Damon Albarn has apologized to the people of Argentina after Top Gear offended the population with an inappropriate number plate while filming their BBC show in the country. In effect during his set at one Buenos Aires main theatres this week the Blur front-man called To Gear's Jeremy Clarkson a “f****** a*****” over the serious gaffe.

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