Monday, February 28th 2011 - 01:21 UTC

Paraguay exported more beef than Argentina in 2010

Punished by government policy Argentina is lagging in meat production and the cattle herd has contracted significantly

Paraguay overtook Argentina as beef exporter in 2010 confirming the country’s loss of leadership in the world’s meat markets, according to reports in the Argentine and Paraguayan media.

Saturday, February 26th 2011 - 10:37 UTC

Falklands Facts

In his reply of 19 February to my letter of the 12th, Mr. Cisneros says “the worst thing we can do is quibble and distract ourselves from the main problem”. But it is not a “quibble” to state simple facts, as I did in my letter. So I suggest we get a few facts straight – not unilateral facts, but straightforward historical facts.

Saturday, February 26th 2011 - 03:12 UTC

U.S. reacts ironically to Timmerman’s advise on contacts with the Argentine press

The Argentine Foreign Affairs minister trying to silence the press on the aircraft incident

Unite States officials said they would continue to claim the US Air Force aircraft cargo seized in Argentina and rejected point blank pressures on embassy officials from Argentina’s Foreign Affairs minister Hector Timerman to abstain from comments on the issue with the Argentine press.

Saturday, February 26th 2011 - 02:54 UTC

Uruguay and Argentina agree to build floating re-gasification plant

President Mujica and Cristina Fernandez pose for the protocol picture

Uruguay and Argentina signed on Friday an agreement to build a re-gasification plant for liquid natural gas to help meet their energy needs. The floating re-gasification plant will supply the two nations with 10 million cubic meters a day of natural gas, scalable to 15 million, starting in 2013 according to an official statement.

Friday, February 25th 2011 - 21:53 UTC

Argentine government makes a small gesture towards farmers’ groups

Minister of Economy, Amado Boudou, a rising star in Cristina’s cabinet?

Argentina decreed the dissolution of the controversial ONCCA, (Office for the commercial control of agriculture produce) which was directly involved in market regulation and distribution of subsidies and as such caused much irritation and criticism particularly from farmers’ organizations.

Friday, February 25th 2011 - 21:29 UTC

China Sinopec completes take over of US Occidental Petroleum assets in Argentina

The operation involved 2.45 billion US dollars

China Petrochemical Group (Sinopec), China's largest oil refiner announced this week that U.S. Occidental Petroleum Corp. (NYSE:OXY) had completed handing over its Argentinean assets to it.

Friday, February 25th 2011 - 21:13 UTC

Argentina names globalization-critic economist as ambassador in France

Aldo Ferrer is an experienced bureaucrat and respected academic

Argentina has appointed economist Aldo Ferrer (84) ambassador to France. The decision was confirmed by the decree 180/2011 which was signed by President Cristina Fernández de Kirchner and Foreign Minister Héctor Timerman, on February 22.

Friday, February 25th 2011 - 00:57 UTC

Argentine industry satisfied with first landings from the Illex squid season

According to Pescare jiggers are landing between 500 and 800 tons each

The first Argentine jiggers returning to the port of Mar del Plata to land their catches are reporting good volumes of Illex Argentinus and are eager to return to sea, according to the Argentine fisheries news magazine Pescare.

Thursday, February 24th 2011 - 07:44 UTC

Boudou announces strong increase in government tax revenue and surplus

Economy minister Amado Boudou pleased with results ahead of an electoral year

Argentina’s primary surplus rose 103.7% and reached 2.1 billion Pesos (522 million US dollars) during January year-on-year, according to Economy Minister Amado Boudou. Tax revenue in January set a new record of 40.7 billion Pesos due to booming economic growth and rising inflation.

Thursday, February 24th 2011 - 07:31 UTC

US/Argentina incident stalled: “we are waiting for a satisfactory response”

US State Department official Philip Crowley: “we want our stuff back”

After the US Department of State official Philip Crowley tweeted that his country “wanted his (seized) stuff back,” the Argentine Foreign Ministry issued Wednesday a press statement in which it assured that it still awaits “a satisfactory response” to the formal complaint sent to the US embassy.


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