Argentina

Argentina
Monday, June 27th 2011 - 06:19 UTC

Argentina’s soy bean crop will represent 8bn USD in levies for the Treasury

The global crop is estimated in over 100 million tons, mainly soy and corn

Soy export taxes for the 2010/2011 crop will represent 8 billion US dollars for the Argentine Treasury compared to 6.3bn in the previous season, according to estimates from the country’s Ministry of Agriculture and Livestock.

Monday, June 27th 2011 - 05:59 UTC

Rioting in Buenos Aires as emblematic football team in relegated to second division

Inside the stadium firemen sprayed rioters with water while outside fans went on a rampage

One of the great clubs of South American football, River Plate was relegated on Sunday from the Argentine first division for the first time in their 110-year history triggering clashes between enraged fans and the police that left dozens hospitalized and arrested.

Monday, June 27th 2011 - 05:39 UTC

Provincial vote in extreme north and south confirm support for Cristina Fernandez

Maurice Closs claims comfortable victory dedicated to the President

Provincial voting in the extreme north and extreme south of Argentina confirmed on Sunday support for the administration of Cristina Fernandez de Kirchner and her ‘development model’ to be tested next October when she will be running for re-election.

Sunday, June 26th 2011 - 01:30 UTC

CFK picks Economy minister as running mate and targets young voters

Ever smiling Amado Boudou, a person not afraid of big business or big labour unions (Photo TELAM)

Argentine president Cristina Fernandez de Kirchner picked Economy minister Amado Boudou to be her running mate in the presidential ticket for the October 23 election praising his loyalty and capacity to understand and accept change.

Saturday, June 25th 2011 - 07:54 UTC

Argentina’s economic activity soars 9.1% in first four months, says Indec

Cement production was up 9.8% in April boosted by the construction boom

Argentina’s economic activity level increased 9.1% in the first four months of the year compared to the same period of 2010 fuelled by domestic consumption, manufacturing and international trade, according to the country’s Statistics and Census Office, Indec.

Saturday, June 25th 2011 - 07:40 UTC

Argentina not to be sanctioned over money laundering, says FATF

Justice Minister Julio Alak defended Argentina’s case in the FATF summit

The Financial Action Task Force (FATF) announced it will not sanction Argentina over money laundering and “admitted the political commitment and the progress achieved by the country, specially the great advances it made in the regulations after the approval of the law to fight the money laundering, and the recommendations given in order to continue improving the system.”

Saturday, June 25th 2011 - 07:28 UTC

Clarin group heirs give DNA blood samples to quell suspicions about their biological origin

Marcela and Felipe Noble Herrera in a ten-year battle with human rights activists

The adopted children of one of one of the wealthiest women in Argentina came forward to give blood and saliva samples Friday, hoping to quell suspicions they were stolen as babies from murdered political prisoners during military rule.

Saturday, June 25th 2011 - 07:24 UTC

Leading Argentine incumbent Vice-president hopeful steps down

Cristina Fernandez will be registering her running mate on Saturday

A leading candidate to become Argentine President Cristina Fernández de Kirchner’s running mate in the October presidential elections has been discarded following his decision to run for re-election as governor of his province.

Friday, June 24th 2011 - 21:50 UTC

Mercosur summit in Paraguay; Uruguay takes the chair for the next 6 months

   Paraguay’s Fernando Lugo is hosting the summit <br />

Presidents from Brazil, Argentina, Uruguay and Ecuador have confirmed they will be attending the Mercosur summit in Paraguay next June 28/29, when the rotating chair of the group for the next six months will pass on to Uruguay.

Friday, June 24th 2011 - 20:15 UTC

Krugman: “when Argentina tried to act as a serious country, it was “a disaster”

Nobel Prize Krugman argues Argentina suffered terribly from 1998 to 2001 when “it tried to be orthodox and do the right thing”

Nobel Prize winner Paul Krugman took to his blog in the New York Times to say he didn’t see how Argentina’s default could be seen as a cautionary tale for Greece, and questioned a local economist who assured Argentina was not considered “a serious country.”

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