Argentina

Argentina
Tuesday, August 30th 2011 - 03:39 UTC

Argentina expects another car production record next year: a million units

Anibal Borderes admits competitiveness is a challenge since 90% of all exports are shipped to Brazil <br />

The Argentine automobile industry will expand its production capacity to a million units annually by 2012 following on the expected record production of 840.000 this year boosted by domestic demand and exports to brazil, said Anibal Borderes president of the country’s Automobile Manufacturers Association, Adefa.

Saturday, August 27th 2011 - 07:31 UTC

Argentine president campaigns in farm heartland not so long ago ‘enemy territory’

Biolcatti “dancing with the stars” and with Cristina Fernandez

Argentine president Cristina Fernandez de Kirchner made on Friday a deep incursion into the province of Buenos Aires farmland where she headed the inauguration of a railway line which will reactivate the train service connecting twenty towns in the area.

Friday, August 26th 2011 - 16:56 UTC

Argentina blocks sale of Paraguayan power to Uruguay

Franco, “Argentina wants to charge Paraguay five times what it dares charge Brazil”

“Argentina wants to charge 49 dollars per KW of power transferred from Paraguay to Uruguay, which is five times what it charges Brazil” claims Paraguayan Vice President Federico Franco who described the pretension as “inadmissible and preposterous”.

Friday, August 26th 2011 - 13:01 UTC

Lager beer yeast arrived in Europe from Patagonia 500 years ago

Enjoy your lager, the  “Saccharomyces eubayanus” travelled half the world

The mystery behind the birth of lager beer has been solved. Scientists have successfully traced the origin of the popular alcoholic beverage to a type of yeast, believed to have travelled 11,000 kilometres from Patagonia, (Argentina) to Bavaria 500 years ago.

Friday, August 26th 2011 - 04:13 UTC

Argentine Claims on the South Atlantic Remote Islands

The view from Grytviken, capital of South Georgia

Argentina’s claim to the Falkland Islands is well documented, but lesser known is her continued claim to South Georgia and the South Sandwich Islands.

Friday, August 26th 2011 - 04:09 UTC

Argentina blasts Moody’s for questioning soundness of the banking system

Mercedes Marcó del Pont said rating agencies were ‘irresponsible’ and tainted with ideological content

Argentina’s Central Bank’s Governor (BCRA) Mercedes Marcó del Pont said on Thursday that the Argentine banking system “is in its best historical levels of liquidity, solvency and default rates” referring to an earlier report from Moody’s rating agency.

Friday, August 26th 2011 - 03:43 UTC

Ten Malvinas war Rio Gallegos veterans plan to visit Falklands next October

The Argentine memorial cemetery in Darwin

Ten Malvinas war veterans from Rio Gallegos are scheduled to visit the Falkland Islands next October 8, according to a report from “Tiempo Digital Sur” a digital newspaper from the capital of the Patagonian province of Santa Cruz.

Friday, August 26th 2011 - 03:22 UTC

Mercosur/Israel trade deal comes into effect following Argentina’s signature

Israel’s Deputy Director of the Industry, Trade and Labour Ministry Boaz Hirsch

A free trade agreement between Israel and Argentina is set to come into effect on September 9, the Israeli Industry, Trade and Labour Ministry announced this week.

Thursday, August 25th 2011 - 06:47 UTC

Unasur agrees to greater economic coordination but remains divided on Libya

Argentina’s Deputy Economy minister Roberto Feletti was the official spokesperson of the meeting

Union of South American Nations, Unasur, Foreign Affairs ministers agreed Wednesday in Buenos Aires to increase economic coordination and send monitoring missions to regional elections but could not reach a common position on the Libyan situation.

Thursday, August 25th 2011 - 06:28 UTC

Argentine steel group Techint begins arbitration proceedings against Venezuela

The group is seeking adequate and effective compensation for the nationalization of steel maker Matesi

Steel giant Tenaris, a member of the Argentine group Techint, said on Wednesday that it initiated arbitration proceedings against Venezuela following the nationalization of steelmaker Matesi.

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