Argentina

Argentina
Tuesday, August 30th 2016 - 07:00 UTC

Argentina wants to make life easier for the Falklands: insists with air link to Buenos Aires

Di Cerisano said that regarding the Falklands there are “no negotiations” currently, but rather “discussions” to advance in pending issues

Argentine ambassador in the UK, Carlos Sersale Di Cerisano said that ”an association with Argentina will be favorable for the Falklands Islanders (kelpers)“ and added that ”the Argentine government will try to make life easier for Islanders”.

Tuesday, August 30th 2016 - 04:38 UTC

Mercosur members who disagree and don't accept consensus “can walk out”...

“Mercosur members are well aware that the same way they decided to belong to the group, they can walk away...” said minister Loizaga

Paraguay said Mercosur will continue to function and is waiting for a reply from Uruguay to confirm a collegiate presidency of the block, until Argentina takes the helm at the end of the year. If not, “Mercosur members are well aware that the the same way they decided to belong to the group, they can walk away...”

Tuesday, August 30th 2016 - 04:07 UTC

HMS Protector crew parade next to the Chilean navy to honor Pilot Pardo in Punta Arenas

The ceremony remembered the expertise and courage of the Chilean navy officer in the “Yelcho” tug, probably the first successful rescue operation in Antarctica

Sailors and Royal Marines from Ice Patrol HMS Protector participated on Sunday in a major parade in Punta Arenas, next to members from the Chilean Navy, local Fire fighters and two schools, as part of the commemorations to honor pilot Luis Pardo Villalón, the Chilean navy officer who a century ago rescued the 22 survivors of Sir Ernest Shackleton's expedition “Endurance”.

Monday, August 29th 2016 - 03:59 UTC

Court ruling and economy contraction push Argentine inflation down in August

“As part of the prices surveyed to measure the inflation rate, Indec will start using the cheaper natural gas rates instead of the new tariff scheme” said Jorge Todesca.

Inflation in Argentina during the current month of August could drop to 0.7% because of the Supreme Court’s decision to strike down the hikes in natural gas prices for residential users, according to the official stats office Indec. Similar stats also indicate a strong contraction of the Argentine economy.

Saturday, August 27th 2016 - 05:45 UTC

Mercosur founding members confident of a solution to the Venezuela situation

Gauto said a meeting was scheduled and “the sooner the better”. Next October Mercosur and EU are scheduled to hold a new round of talks on a trade agreement.

The foreign ministers of Mercosur founding members will adopt a common position regarding the current disarray of the group following on Venezuela's unilateral attitudes said Paraguayan economic affairs and integration deputy minister Rigoberto Gauto.

Saturday, August 27th 2016 - 05:32 UTC

Tierra del Fuego gas field inauguración suspended; Macri wants to attend

Apparently the ceremony has been postponed for October, when president Macri is expected to attend visiting the offshore rig

The inauguration ceremony of the Vega Pléyade natural gas field offshore Tierra del Fuego scheduled for Friday, has been postponed, although no official explanation has been given, it is believed that Argentine President Mauricio Macri was determined to attend, but his political agenda is too full precisely over the energy controversy and the fact next week he flies to China for the G20 summit.

Friday, August 26th 2016 - 11:44 UTC

Total inaugurates gas field offshore Tierra del Fuego with potential production of 10m cubic meters per day

A joint operation of Total Austral, Wintershall Energy and Panamerican South the well is located in 50 meters deep water and linked through a 77kms pipeline

Argentina will officially inaugurate this Friday the Vega Pléyade natural gas field, twenty kilometers offshore Tierra del Fuego to the south of the San Sebastián bay. The field started production last February and as “a production potential of 10 million cubic meters per day”.

Friday, August 26th 2016 - 10:55 UTC

Argentina's economy contracts 4.3% year-on-year in June

 Economic activity shrank at a seasonally adjusted 0.3% pace in June from May, Indec said. A downturn in construction likely drove the contraction in June.

Argentina's economy shrank 4.3% year-on-year in June, a much sharper contraction than expected in the first official growth data reported during President Mauricio Macri's term.

Friday, August 26th 2016 - 08:35 UTC

Malcorra behind the Portuguese candidate in her bid to become UN secretary-general

Malcorra, who served as Ban’s cabinet chief at the UN, jumped five places from the previous straw poll but the frontrunner is ex Portuguese PM António Guterres.

Argentine foreign minister Susana Malcorra visited Cairo courting Egyptian support for her bid to become the next UN secretary-general, following on from her visit to Angola earlier in the week. The minister also met with secretary-general of the Arab League, Ahmed Aboul Gheit. However the emergent frontrunner to succeed Ban Kimoon is ex Portuguese prime minister is Antonio Guterres.

Friday, August 26th 2016 - 07:01 UTC

Macri claims Kirchnerism created 750.000 government jobs to hide a stagnant economy

Macri said that what matters is the fact that the proportion of the population that is effectively employed in Argentina “barely exceeds” 40%

President Mauricio Macri expressed concern that Argentina's employment rate “barely exceeds” 40% and criticized previous administrations for creating 750,000 government jobs to hide what he said was its inability to grow the economy.

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