World soybean production will fall next season for the first time in four years, undermined by a drop in US output, although the fall may not prove sufficient to support prices, Oil World said. However in South America, Argentina and Paraguay could be heading for new record crops.
Argentina has formally appealed to the New York justice system the ruling handed down by district judge Thomas Griesa, which barred intermediary Citibank from processing US dollar denominated debt services issued under Argentine law and which expired on March 31.
Falklands/Malvinas war documents declassified; Argentine Defense ministry has 30 days to make them available
The Argentine government on Monday officially declassified secret files relating to the country's 1982 war with Britain over the Falkland Islands. The Defense Ministry has 30 working days to establish a mechanism for members of the public to consult the records, according to a resolution published in the official gazette.
Argentina’s central bank sent regulators to inspect Citibank's headquarters in Buenos Aires on Monday after the head of the branch was suspended amid a legal battle over Argentina's debt. Regulators are working to verify whether the bank was able to maintain normal operations following CEO Gabriel Ribisich's suspension last week, the government news agency Telam said.
The British government has dismissed a reported threat from Argentina to prosecute oil firms drilling near the Falkland Islands. Argentine authorities said that the explorations “carry a huge environmental risk” and claimed that the London-registered companies, which announced last week they had found oil and gas in a remote field off the Islands, should be tried in Argentina
On the occasion of the 2nd April, when Argentina commemorate the veterans and those fallen in the Malvinas conflict, and following the UK government’s recent announcement to increase military spending in the South Atlantic, the Embassy of Argentina wishes to reiterate the following statements from Ambassador Alicia Castro.
The following column by Alicia Castro (*) was published 02 April by the Independent - On 24 March, the day that a debate was held in Parliament over the increase in defense expenditure for the Malvinas Islands, Argentina was commemorating the anniversary of the 1976 military coup.
Argentina ‘malvinazing’ history through ‘mature nationalism’ says president on Malvinas war 33rd anniversary
Argentina is ‘malvinazing’ (Malvinas) its history, but not through chauvinist patriotism but mature nationalism that seeks international law and peace to recover sovereignty over the Malvinas Islands, said president Cristina Fernandez during the 33rd anniversary of the beginning of the South Atlantic conflict on 2 April 1982.
Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the nation has never been far from energy investors' minds. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.
President Cristina Fernandez fiercely criticized the trade union leaders behind Tuesday's 24-hour general strike, which brought Argentina to a halt, arguing that adhesion to the measure would have been far lower if public transport had functioned as normal.