China has emerged as a possible supplier of jet fighters to help modernize the Argentine Air Force, depleted since the 1982 Falklands' war, according to reports from Defense News. In effect the FC-1/JF-17’s, 'Thunder' operational with the Pakistani air force and proven in combat could be a suitable, accessible option for the Argentines after the Spanish, French, Israeli offers seem to have fallen through.
Newsan, an Argentine firm involved in electronics but also in seafood supply, has reportedly acquired Argentine operations of Japan’s second largest seafood company, Nippon Suisan Kaisha (Nissui). The operation follows an incident involving alleged fishing of the Japanese company in the South Atlantic both in Argentina and Falklands' waters.
Argentine Foreign Minister Hector Timerman called a press conference to explain that he did march in Paris as a common citizen in the massive rally of solidarity after the terror attacks on France last week, rejecting reports by Clarin newspaper of alleged presidential orders instructing him not to attend the rally.
Argentine President Cristina Fernandez will be travelling to Beijing next month, reciprocating a visit from her Chinese counterpart Xi Jinping last July, it was officially announced by chief of staff Jorge Capitanich. The meeting was anticipated last Friday in a meeting of the two countries foreign ministers on the sidelines of the CELAC/China ministerial forum held last week in Beijing.
Argentina said on Monday it was suspending HSBC Bank Argentina's right to transfer money abroad for 30 days due to irregularities, two months after charging it with helping clients evade taxes by siphoning their funds off to Switzerland.
Argentina and China entered a new phase of their relationship in July last year after upgrading it to a “comprehensive strategic association” and signing a battery of agreements, which include a 4.7 billion investment in hydroelectric dams, 2.09 billion in the renovation of the rail system and an 11 billion currency swap.
Sales of new cars in Argentina plunged 42% in December, compared to the same month of 2013, a steep drop that managed to raise eyebrows in an industry that had gotten used to declines month after month. It was steeper than the already strong 37% drop seen in November.
Argentina's Tierra del Fuego provincial government decided on Wednesday to preventatively suspend Pesantar's fishing license following claims that the company is associated with another group operating in the South Atlantic but with a Falklands' government license.
Authorities on Wednesday conducted a court-ordered search of the Argentine headquarters of London-based bank HSBC, which faces allegations of aiding tax evasion, it was reported in Buenos Aires.
Argentina is in state of shock following the death of a seven-year old aborigine of malnutrition which turned into a complicated case of TB. The child belonged to the Qom indigenous community in Chaco, northern Argentina that has been forced to a life of deprivation and despair because on ongoing battles over the possession of reservation lands.