Argentina

Argentina
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.

Thursday, October 9th 2014 - 10:36 UTC

YPF goes overseas: signs agreement with Ecuador to recover mature fields

CEO Galuccio said the Petroamazonas project is part of YPF's strategy to diversify overseas and become a top league player in the region's oil industry

Argentina's state-run energy company YPF closed on Wednesday an agreement with Ecuador's state-owned company Petroamazonas for the enhanced recovery of the mature field of El Campo Yuralpa which will demand an investment in the range of 170 million dollars.

Thursday, October 9th 2014 - 08:23 UTC

“Holdouts” reveal alleged money laundering operations of business people close to Cristina Fernandez

Lazaro Baez is a public works contractor in the southern province of Santa Cruz, political turf of the Kirchner couple

The American Task Force (AFTA) sponsored by 'holdouts' NML in litigation with Argentina over sovereign bonds payment, revealed on Wednesday foreign accounts of Argentine public works contractor, believed to be involved with the Kirchner family businesses, Lazaro Baez, and showed a map with the money movement, allegedly committing the crime of money laundering.

Thursday, October 9th 2014 - 06:38 UTC

YPF admits contacts with Russia's Gazprom but no accord or MOU has been reached

Ms Giorgi  met in Russia with Gazprom head Alexey Miller, who told her a “confidential” deal had been reached with Argentine state-run YPF

Argentina's state-run energy company YPF admitted on Wednesday having held promising meetings with Russia's Gazpron to consider different collaboration and business opportunities, “but so far has not signed any Memorandum of Understanding, MOU or agreement”.

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