Argentina

Argentina
Monday, June 15th 2015 - 05:37 UTC

Argentine union leader expelled from ILO meeting for stealing a tablet

Pacagnini is a doctor and kidney specialist who works at the Castex hospital in Buenos Aires and hopeful governor candidate

An Argentine trade unionist attending the International Labor Organization 104 Annual Assembly in Geneva was expelled from ILO and sent back to Argentina following on several cameras that caught him red-handed trying to steal the tablet of another member attending the meeting.

Saturday, June 13th 2015 - 06:49 UTC

(Mother) tosses Maximo Kirchner's hat in the ring for Argentina's elections

Scioli called for “no speculations” regarding his vice-president candidate but also expressed his “affection and respect” for the president’s son

Maximo Kirchner, Argentina's president Cristina Fernández son name, has surfaced as a possible candidate running for the coming October presidential and legislative elections, with several hopefuls admitting such an option and praising his conditions and political organization.

Saturday, June 13th 2015 - 06:40 UTC

Brussels Declaration with references to sovereign debt and 'territorial integrity' satisfies Argentina

“Territorial integrity is fundamental because it includes the sovereignty conflict with the United Kingdom” over the Falklands, according to Timerman.

Argentina expressed satisfaction with the Brussels Declaration at the end of the two-day European Union/Celac summit because it included strong backing to the country's efforts to change international rules regulating restructuring of sovereign debt and also there was a mention to territorial integrity, a tangent statement referred to the ongoing dispute over Falkland Islands sovereignty.

Friday, June 12th 2015 - 06:33 UTC

Argentina's CPI in May reached 2% and 28.7% in the last twelve months

“The presses were turned on again to print Pesos with the purpose of propping the economy and thus we're back again at the 2.12% of March”, said Bullrich

Argentina's Consumer price index, CPI, during May climbed 2% reaching 28,7% in the last twelve months, according to the Congressional monthly report from opposition lawmakers, which is an average of private consultants. The data was released on Thursday with strong words against President Cristina Fernández statements in Rome that poverty in Argentina was 5%, virtually less than Denmark and Germany.

Friday, June 12th 2015 - 06:02 UTC

World Bank forecasts Argentina will regain access to capital markets in 2017

Economic activity “will pick up” in the next two years due to a “stronger macroeconomic environment and regained access to global capital markets.”

The World Bank is optimistic about the outlook for the Argentine economy, predicting the country’s GDP will grow 1.1% this year, a considerable upgrade from the decline of 0.3% it expected in January, and perhaps even stronger growth of 1.8% in 2016 and of 3% points in 2017, thanks to a “stronger” macroeconomic environment and “regained” access to international capital markets.

Friday, June 12th 2015 - 05:05 UTC

Rousseff denies being upset with Argentina over Mercosur and trade policies

“It is very important that Mercosur stays together. Argentina is a great partner, and we have definitely not lost patience with Argentina” said Rousseff

Brazilian President Dilma Rousseff stated on Thursday in Brussels she was not upset by differences with Argentina over the trade agreement Mercosur is to sign with the European Union, despite president Cristina Fernandez administration's cold feet on the issue.

Thursday, June 11th 2015 - 04:13 UTC

Timerman waters down Mercosur/EU agreement expectations

Timerman said Argentina favored an agreement, “as long as it is beneficial for both sides and does not sacrifice one single job in Argentina.”

Argentine Foreign minister Hector Timerman affirmed that a trade deal would not be signed between Mercosur and the European Union (EU) in the second summit of the Community of Latin American States (CELAC) and the European body, which is taking place in the Belgian city of Brussels.

Thursday, June 11th 2015 - 04:05 UTC

Falklands triggers strong reply from Cameron when Timerman brings up the issue at Celac/EU summit

”I reject the threatening words of the Argentine Foreign Minister,” underlined the British Prime Minister.

Foreign Minister Hector Timerman defended on Wednesday Argentina’s right to claim the Falkland/Malvinas Islands during the summit of the Community of Latin American States (CELAC) and the European body which is taking place in the Belgian city of Brussels. UK Prime Minister David Cameron responded by describing his comments as threatening, according to British sources.

Wednesday, June 10th 2015 - 06:39 UTC

Argentine businessman indicted by US in FIFA corruption case, turns in Italy

After the U.S. indictment alleged Burzaco received bribes for signing lucrative broadcasting deals for Copa America tournaments, he was unable to be found.

Of the 14 people indicted by the United States in the FIFA corruption case, five members are businessmen that worked for various sports marketing and consulting companies that dealt extensively with the world's football organization.

Wednesday, June 10th 2015 - 06:16 UTC

Patagonia Azul in Chubut becomes Biosphere reserve; holds 40% of world's Magellan penguins

Patagonia Azul biosphere reserve is located on the coast of Chubut and covers 3,102,005 hectares. It encompasses a coastal area with the greatest biodiversity

The International Coordinating Council of UNESCO’s Man and the Biosphere Program (MAB) added this week twenty 20 new sites (including two in Latina America) to the World Network of Biosphere Reserves, bringing their total number to 651 sites, including 15 trans-boundary sites, in 120 countries.

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