Argentina

Argentina
Friday, January 16th 2015 - 07:10 UTC

Timerman accuses Nisman of 'investigating the president clandestinely'

“Instead of investigating suspects, Nisman is determined to investigate the President clandestinely,” claimed Timerman from Government House

Argentina's government called a leading prosecutor a 'despicable liar' on Thursday for accusing President Cristina Fernandez of secretly negotiating with Iran to avoid punishing those responsible for the country's worst terrorist attack, and insisted the whole thing was a 'media show'.

Friday, January 16th 2015 - 06:54 UTC

Prosecutor Nisman confirms case against Cristina Fernandez and reveals further evidence

Bielsa said Argentina had received an offer from the Iranians to buy wheat for 4bn dollars, in exchange for dropping the case, according to Nisman

Argentina's AMIA special prosecutor Alberto Nisman confirmed his complaint against President Cristina Fernandez and several other officials over an alleged “criminal deal of impunity” with Iran and explained the role of every one of those he accused for “covering up” Teheran’s involvement in the attack against the Jewish centre in 1994 in Buenos Aires.

Friday, January 16th 2015 - 06:49 UTC

Bilateral trade between Mercosur main partners dropped 21.2% in 2014

The poor performance of the auto industry had an impact for both countries and their complementation

Bilateral trade between Mercosur two main partners, Brazil and Argentina (first and third largest economies in Latin America) dropped 21.2% last year and with a 139 million dollars deficit for Argentina, according to the Argentine Commerce Chamber, CAC.

Friday, January 16th 2015 - 06:10 UTC

US, EU and Japan win case at WTO against Argentine import restrictions

“It will not have an immediate practical impact on the system and administration of commerce or trade dynamics” said Commerce Secretary Costa

The World Trade Organization on Thursday rejected Argentina’s bid to overturn a ruling in favour of the United States, the European Union and Japan against the Buenos Aires licensing rules used to restrict imports.

Friday, January 16th 2015 - 05:23 UTC

YPF increased output during 2014; refinery strike threatens supply of fuel

The results testify to the sustained work of YPF over the past 3 years that has managed to reverse the decline and maintain production growth, said the release

YPF's oil and natural gas production rose in 2014 for the second year running, Argentina's state-run energy company said on Thursday. Oil production rose 8.7% last year, while gas output was up 12.5%, YPF said, although the company did not publish annual output volume.

Thursday, January 15th 2015 - 05:42 UTC

Argentine government bluntly rejects 'Iran cover up' accusation as 'nonsense'

Anibal Fernández said the complaint filed by Nisman “is baseless” and added that “filing a complaint against the president for using her constitutional powers is nonsense.”

Argentina's Presidency Secretary General Anibal Fernandez bluntly rejected the accusations by the prosecutor in the AMIA bombing probe against president Cristina Fernández, foreign minister Hector Timerman and other Kirchnerite officials for allegedly “covering up” Iranian citizens in the investigation.

Thursday, January 15th 2015 - 05:32 UTC

Argentine president accused of 'covering up' Iran's role in Buenos Aires deadly attack

Prosecutor Nisman is seeking to question Fernandez and Timerman, under oath in connection with the car-bomb blast outside the HQ of the AMIA organization.

An Argentine federal special prosecutor on Wednesday accused President Cristina Fernandez of seeking to cover up the involvement of Iran in a 1994 terrorist attack on a Jewish cultural center in Buenos Aires that claimed 85 lives and 300 injured.

Wednesday, January 14th 2015 - 22:46 UTC

Chinese jet fighters, an option to re-equip the Argentine Air Force

The FC-1/JF-17’s, 'Thunder' or 'Fierce Dragon' is a lightweight, single-engine, multi-role combat aircraft developed jointly by Pakistan and China

China has emerged as a possible supplier of jet fighters to help modernize the Argentine Air Force, depleted since the 1982 Falklands' war, according to reports from Defense News. In effect the FC-1/JF-17’s, 'Thunder' operational with the Pakistani air force and proven in combat could be a suitable, accessible option for the Argentines after the Spanish, French, Israeli offers seem to have fallen through.

Wednesday, January 14th 2015 - 06:27 UTC

Following Falklands' incident Argentine company buys local operations of Japan's Nissui

The acquisition of Pesantar includes fishing vessel Echizen Maru, quota of Patagonian toothfish and an 800 metric tons processing capacity plant

Newsan, an Argentine firm involved in electronics but also in seafood supply, has reportedly acquired Argentine operations of Japan’s second largest seafood company, Nippon Suisan Kaisha (Nissui). The operation follows an incident involving alleged fishing of the Japanese company in the South Atlantic both in Argentina and Falklands' waters.

Wednesday, January 14th 2015 - 04:14 UTC

Controversy in Argentina over Timerman's 'common citizen' attendance of Sunday's rally in Paris

“Chancellor Timerman has signed the Condolence Book, in which Argentina condemns terrorism, and he expressed solidarity with our sister Republic of France,”

Argentine Foreign Minister Hector Timerman called a press conference to explain that he did march in Paris as a “common citizen” in the massive rally of solidarity after the terror attacks on France last week, rejecting reports by Clarin newspaper of alleged presidential orders instructing him not to attend the rally.

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