Argentina

Argentina
Wednesday, January 14th 2015 - 22:46 UTC

Chinese jet fighters, an option to re-equip the Argentine Air Force

The FC-1/JF-17’s, 'Thunder' or 'Fierce Dragon' is a lightweight, single-engine, multi-role combat aircraft developed jointly by Pakistan and China

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.

Wednesday, January 14th 2015 - 06:27 UTC

Following Falklands' incident Argentine company buys local operations of Japan's Nissui

The acquisition of Pesantar includes fishing vessel Echizen Maru, quota of Patagonian toothfish and an 800 metric tons processing capacity plant

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.

Wednesday, January 14th 2015 - 04:14 UTC

Controversy in Argentina over Timerman's 'common citizen' attendance of Sunday's rally in Paris

“Chancellor Timerman has signed the Condolence Book, in which Argentina condemns terrorism, and he expressed solidarity with our sister Republic of France,”

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.

Tuesday, January 13th 2015 - 08:36 UTC

Cristina Fernandez to Beijing in February; more financial support from China

Xi Jinping and Cristina Fernandez in Buenos Aires when the bilateral relation was upgraded to a “comprehensive strategic association”

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.

Tuesday, January 13th 2015 - 08:31 UTC

Argentina suspends HSBC from transferring money abroad for 30 days

Argentina last November charged HSBC with aiding more than 4,000 clients to evade taxes by stashing their money in secret Swiss bank accounts.

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.

Saturday, January 10th 2015 - 06:44 UTC

Argentina's comprehensive strategic (and vital) association with China

Cristina Fernandez toasting with President Xi Jinping last July when he visited Argentina as part of a Latin American tour

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.

Thursday, January 8th 2015 - 06:12 UTC

Car sales in Argentina plunged 28% last year compared to 2013

Last year’s total reached a poor 683,485 cars registered, when compared with the 956,884 units sold in 2013, a record for Argentina.

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.

Thursday, January 8th 2015 - 05:50 UTC

Alleged Falklands' links sufficient motive to suspend fishing license of Tierra del Fuego company

The vessel involved in the conflict “Unidos del Sur” apparently has a fishing licence from the Falklands government awarded last year

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.

Thursday, January 8th 2015 - 01:08 UTC

Authorities raid Buenos Aires HSBC accused of aiding tax evasion

The raid stems from allegations that HSBC helped 4,040 Argentines evade taxes by placing their money in secret Swiss bank accounts.

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.

Thursday, January 8th 2015 - 00:42 UTC

Argentina shocked over the death of indigenous child of malnutrition and TB

Seven year old Nestor spent the last forty days of his life in hospital, but never managed to recover (Pic Clarin)

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.

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