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.
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.
“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”.
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.
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.
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.
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.
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.
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.
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.