Argentina

Argentina
Saturday, April 25th 2015 - 05:41 UTC

Argentine economy picking up boosted by agriculture; manufacturing continues downfall

The EMAE, (production of goods and services) increased 0.9% in February compared to the previous month, the best performance since April 2014

Economic activity in Argentina expanded 1.4% in February compared to the same month last year, boosted by the agricultural sector and a hike in consumption, making it the highest increase since January 2014, according to the latest release from the country's stats office, Indec.

Saturday, April 25th 2015 - 05:08 UTC

Falklands and replacing the dollar, priorities for Argentina/Moscow agenda, argues Russian ex diplomat

Cristina Fernandez met with Putin in Moscow, and signed a raft of twenty cooperation accords in different fields and described bilateral ties as “strategic”.

The cooperation agreements recently signed by Argentina with Russia could be a Buenos Aires' response to the situation with the disputed Falkland Islands territories, former Russian ambassador to Argentina Evgeny Astakhov told the Russian news agency, Sputnik International on Friday.

Friday, April 24th 2015 - 08:59 UTC

Cristina Fernandez tells Russian television she has no favorite presidential candidate

”Favoritism in presidential succession no, that was part of monarchic systems. It has no place in democracies,” said Cristina Fernandez at RT Studio

Argentine President Cristina Fernández revealed on Thursday she does not have any favorite presidential candidates for the upcoming October elections, and eluded to answer about her future in politics during an interview with RT Moscow during her official visit in Russia.

Friday, April 24th 2015 - 07:51 UTC

Russia and Argentina agree on an “all-encompassing strategic partnership”

“The memorandums are a massive breakthrough for economic relations between Russia and Argentina”, said Putin next to Cristina Fernandez

Russia and Argentina signed agreements which amounted to an “all-encompassing strategic partnership” during Argentine President Cristina Fernandez visit to Moscow, which ended on Thursday with the meeting at the Kremlin with her counterpart Vladimir Putin.

Friday, April 24th 2015 - 07:36 UTC

CFK from the Kremlin praises Russia's support for Falklands/Malvinas sovereignty claim

“Russia supports Argentina's striving for direct talks with Britain to achieve prompt resolution to the Malvinas Islands dispute,” Putin added.

President Cristina Fernandez, CFK, on an official visit to Russia met at the Kremlin with Vladimir Putin and praised Moscow’s support to Argentina in the dispute with the United Kingdom over the sovereignty of the Falklands/Malvinas Islands as well as in the legal battle against speculative funds suing the country over its defaulted bonds.

Friday, April 24th 2015 - 07:15 UTC

Chilean volcano third blast forecasted; ashes reach neighboring Argentine provinces

The 2.200 meters Calbuco last erupted in 1972 and is considered one of the top three most potentially dangerous among Chile's 90 active volcanoes.

Chile's Calbuco volcano erupted for the first time in over 42 years on Wednesday, creating a remarkable scene of smoke plumes and ash shooting into the sky. A second eruption Wednesday night blasted red-hot rocks skyward and produced an extraordinary display of volcanic lightning. Winds are pushing the ashes north and easr to several neighboring Argentine provinces.

Thursday, April 23rd 2015 - 08:54 UTC

Griesa rules hedge funds entitled to details of recent Argentine bond offering and banks must comply

District Judge Thomas Griesa

U.S. judge on Wednesday ruled that hedge funds suing over unpaid debt stemming from Argentina's 2002 default are entitled to details of a recent bond offering by Buenos Aires.

Thursday, April 23rd 2015 - 04:50 UTC

Cristina Fernandez invites Russian investors to Argentina; Thursday she meets Putin

Argentina is a country not only of natural resources but also human resources, said Cristina Fernandez, praising the country's recovery since 2001/2002

“Argentina is a country where it is worth investing in and producing, not only because of its natural resources, also because of the human resources we have” said president Cristina Fernández in Moscow on an official visit to Russia. She praised the “recovery of Argentina's flag carrier that allows connectivity among all the zones in the country, not only the richest ones.”

Wednesday, April 22nd 2015 - 06:25 UTC

Nisman's successor calls prosecutor who dismissed the case “a grave digger”

“It was already decided that De Luca was going to put the final nail in the coffin. He was the grave-digger”, blasted prosecutor Moldes

Argentine prosecutor German Moldes has blasted the decision of colleague Javier de Luca to dismiss in the Court of Cassation (Appeals) the cover-up accusation filed by late AMIA lead investigator Alberto Nisman, accusing the official of trying to bury the investigation against President Cristina Fernandez.

Wednesday, April 22nd 2015 - 05:55 UTC

Gazprom and YPF will sign agreement to develop Argentina shale oil and gas deposits

YPF CEO Galuccio in Moscow to sign a contract on joint exploitation of the rich Vaca Muerta shale oil and gas fields

Argentine energy company YPF CEO Miguel Galuccio is scheduled to sign on Wednesday in Moscow a contract on joint exploitation of shale oil and gas in the rich Vaca Muerta fields of Patagonian province Neuquén. The contract is part of the bilateral agenda to be addressed by visiting Argentine president Cristina Fernandez on Thursday, when she meets with Vladimir Putin.

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