Argentina

Argentina
Thursday, April 8th 2010 - 00:00 UTC

China allows unloading of Argentine soybean oil

Massive stocking of oil seems to be the main reason behind Beijing’s decision

An Argentina-China agreement to unlock the soybean oil conflict seems to move forward as a government official, who preferred to remain anonymous, told a news agency that China has agreed to allow all cargo ships on their way to China to unload soybean oil at Chinese ports.

Wednesday, April 7th 2010 - 23:57 UTC

US federal judge rules in favour of Argentine sovereign bonds “holdouts”

New York Judge Thomas Griesa

A United States federal judge ruled in favour of seizing 105 million US dollars from the Argentine Central Bank deposits in New York in order to pay the debt the country holds with two investment funds.

Wednesday, April 7th 2010 - 06:02 UTC

China insists on “gradual” reduction of soy imports from Argentina

Argentina’s top agriculture expert Carlos Cheppi is currently in Beijing

China’s soybean oil traders may “gradually” delay or cancel imports from Argentina after the country toughened inspections, the China National Grain and Oils Information Center said early Wednesday from Beijing.

Wednesday, April 7th 2010 - 02:48 UTC

Mrs. Kirchner promises a laptop to each high school student

The plan is a repeat of Uruguay’s successful Ceibal Plan

Following on Uruguay’s successful experience, the Argentine government announced this week the distribution of three million laptops in government high schools.

Tuesday, April 6th 2010 - 03:48 UTC

CFK and Mujica discuss Bolivian gas and the Botnia pulp mill ruling

Mujica and Mrs. Kirchner Mujica held an unexpected meeting in Olivos

Argentine president Cristina Fernández de Kirchner, CFK and her Uruguayan counterpart José Mujica met Monday afternoon during a surprise visit to the Olivos presidential residence in Buenos Aires.

Tuesday, April 6th 2010 - 02:45 UTC

Argentina protests Chinese sanitary restrictions on soy-oil imports

Jorge Taiana summoned Chinese ambassador Gand Zeng

Argentina formally protested on Monday a possible move by China to block imports of Argentine soybean oil in a trade row that threatens a key export of the country and last year involved almost 1.5 billion US dollars.

Tuesday, April 6th 2010 - 02:42 UTC

Argentina began servicing public debt using Central bank reserves

Economy minister Amado Boudou confirmed operations

Argentina began servicing public debt using Central Bank reserves after making its first payment Monday, according to sources from the Economy Ministry.

Tuesday, April 6th 2010 - 02:20 UTC

Argentine hake landings confirm lack of fisheries management

Hake landings in the period January-March in 2009 and 2010

Latest official data from Argentina’s Fisheries and Aquaculture Sub-secretariat indicates that 41.163 tons of hake (Merluccius hubbsi) were landed in Argentine ports between 1 January and 29 March. This is 33.5% less than in the same quarter of 2009 when 61.886 tons were unloaded.

Tuesday, April 6th 2010 - 01:02 UTC

Buenos Aires City surrounded by two million Argentines living in shanty towns

Villa 31, in the heart of the City of Buenos Aires

Over two million people live in a thousand shanty towns in the surroundings of Argentina’s capital Buenos Aires in conditions of extreme marginality and precariousness, according to official data released by the weekend press.

Monday, April 5th 2010 - 12:12 UTC

Argentina: Positive assessment of trade mission to China

The Argentine delegation meeting with the Chinese envoys

The head of the Argentine Fisheries Subsecretariat, Norberto Yauhar, assures that the assessment of his recent trip to China was very positive, and that “the objective of the trade mission was reached and, in many cases, surpassed expectations.”

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