Argentina

Argentina
Wednesday, March 16th 2011 - 06:05 UTC

CFK team insists with a Peronist outsider as her vice-presidential candidate

Cabinet Chief Anibal Fernandez insists in calling Vice-president Cobos a ‘traitor’

Following on Sunday’s electoral victory in the northern province of Catamarca, Argentina’s Cabinet Chief, Aníbal Fernández insisted that the Victory Front ruling party might go with a non-Peronist vice-presidential candidate on next October’s presidential elections.

Wednesday, March 16th 2011 - 05:10 UTC

February inflation in Argentina, 0.7%; private estimates double that percentage

Domestic Trade Secretary Guillermo Moreno: only one inflation in Argentina

Inflation in Argentina advanced 0.7% in February over the previous month pushed mainly by increases in the clothing sector (2.2%) and leisure activities (3.5%), according to the official Indec National Statistics Bureau. During the first two months of the year, the consumer prices index accumulated 1.5%.

Tuesday, March 15th 2011 - 10:56 UTC

Cristina Fernandez election campaign takes off with a resounding success

The coming test for CFK and her Victory Front next Sunday is in the Patagonian province of Chubut

A surprise ruling party victory in Argentina’s first provincial election of the year gives President Cristina Fernandez a boost before her likely re-election bid in October. CFK ally Lucia Corpacci ousted the current governor of Catamarca province, who sought a third term in Sunday’s vote.

Tuesday, March 15th 2011 - 10:54 UTC

CFK announces Arabs will enlarge the port of Buenos Aires

Argentine president inaugurates new cruise ship terminal

Argentine President Cristina Fernández de Kirchner spoke at the official ceremony for the opening of the the new cruise ship terminal of the Buenos Aires City port and highlighted “the importance of boosting tourism, which contributes to Argentina's growth and creates jobs.”

Tuesday, March 15th 2011 - 10:10 UTC

World Bank 480 million USD to finance Argentina’s Universal Child Allowance

The program benefits 3.5 million kids from poor unemployed families

Half a million additional kids in Argentina will see their prospects in life improve following the expansion of a popular social protection program with World Bank support.

Tuesday, March 15th 2011 - 09:55 UTC

Repsol continues to cut its holdings in Argentina’s YPF

Nevertheless CEO Antonio Brufau said that Repsol aims to keep at least 51% of YPF

Repsol YPF, (REP) Spain’s biggest oil company, agreed to sell 3.83% in YPF for 639 million US dollars, cutting its holding in the Argentine unit to 76%, and said it plans to sell more shares through a public offering.

Tuesday, March 15th 2011 - 09:38 UTC

Nobel laureate promises to speak about politics in Buenos Aires book fair

Vargas Llosa is loathed by much of the traditional left wing academics in Latin America

Nobel Prize Mario Vargas Llosa has said he will speak about politics in his inaugural speech at the international book fair in Buenos Aires after a group of intellectuals tried to veto his presence in Argentina, according to the Buenos Aires media.

Monday, March 14th 2011 - 06:58 UTC

CFK on the re-election campaign trail as the ‘natural candidate’

Cristina Kirchner still has to officially announce she will be running next October

Argentine President Cristina Fernandez de Kirchner is the “natural candidate” for next October election to ensure the continuation of the current productive and job creating model, according to several cabinet ministers who attended a political rally in support of the still undeclared candidate.

Monday, March 14th 2011 - 06:53 UTC

Why CFK turned her back on the Obama-mania spell and returned to Chavez

“I can’t ignore” there has been no meeting with the President of Argentina

Argentine president Cristina Fernandez de Kirchner (CFK) behind doors in Government House criticized her peer from Venezuela Hugo Chavez saying “he speaks before stopping to think” and praised US president Barack Obama insisting she was interested in having “closer relations with United States”, according to the latest revelations from Wikileaks.

Sunday, March 13th 2011 - 00:47 UTC

Argentina forgets the US Air Force incident and says relations are “excellent”

Lawmaker Carlos Kunkel on several occasions has acted as spokesperson for Cristina Kirchner

Relations between Argentina and the United States are ‘excellent’ said ultra ‘Kirchnerite’ lawmaker Carlos Kunkel who discarded as ‘interested parties’ versions indicating certain ‘discomfort’ in President Cristina Fernandez de Kirchner administration with the coming visit of President Barack Obama to El Salvador, Chile and Brazil.

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