Argentina

Argentina
Thursday, May 9th 2013 - 12:26 UTC

Outbreak of mice-vector hemorrhagic fever in Argentina; attacks in rural areas

The mice which can transmit the viral disease appear in crop areas

A 31-yeaar old farm hand died and a 12-year old adolescent has been hospitalized in the province of Santa Fe following an outbreak of Argentine hemorrhagic fever (FHA) caused by the viral agent Junin and transmitted by camp mice.

Thursday, May 9th 2013 - 05:25 UTC

Maduro says he is a ‘Kirchnerite president’ and Venezuela’s ‘second Peronist president’

Cristina Fernandez and Nicolas Maduro

President Nicolas Maduro said he was a ‘Kirchnerite president’ and the ‘second Peronist president’ of Venezuela during a political rally with Argentine trade unions and militant groups in a packed Buenos Aires stadium to recall the figures of the deceased Hugo Chavez and Nestor Kirchner.

Thursday, May 9th 2013 - 05:13 UTC

Do you trust this Lady to look after your dollar savings?

President Cristina Fernandez needs to recover Central bank reserves

The administration of President Cristina Fernandez sent on Wednesday to congress the tax amnesty bill to tap undeclared dollar assets, in the country and overseas, generating a cascade of critical reactions from well known economists while the ‘blue dollar’ in the parallel market seemed to ignore the announcements and kept climbing to a new record high.

Thursday, May 9th 2013 - 05:05 UTC

Argentine official pledges to look into ‘blue’ dollar market and admits problems in real estate sector

Nevertheless Kicillof said the government will continue with ‘heterodox and creative’ measures

Argentina Deputy Economy minister Axel Kicillof pledged “to look into” the growing parallel market for the US dollar because it is harming many innocent people who have nothing to do with speculation and claimed that ‘certain economists’ and media are encouraging speculation with the greenback.

Thursday, May 9th 2013 - 04:56 UTC

Argentina: Dollar kept climbing on Wednesday and reached 10.45 Pesos

Argentines distrust their currency but love ‘Uncle Sam’

Despite the tax amnesty bill and investment options pledged by the government of President Cristina Fernandez, the dollar kept climbing in Argentina. After breaking the key psychological barrier of 10 Pesos to the dollar on Tuesday, the “blue” dollar which trades on the parallel market climbed again on Wednesday another 37 cents to reach 10.45 Argentine Pesos.

Thursday, May 9th 2013 - 00:13 UTC

Falkland Island's self-determination: Queen out of touch with reality, says Argentina

Senator Filmus says the Queen remains faithful to British colonialist history and tradition

“The Queen is not aware that we are in the XXIst century and she follows the colonialist tradition of the United Kingdom”, claimed Argentine Senator Daniel Filmus, the first reaction to the Queen’s strong message in support of the Falkland Islands and Gibraltar right to determine their political futures.

Wednesday, May 8th 2013 - 19:48 UTC

Reassurance for Falklands and Gibraltar

Falkland Islanders celebrate the March 10/11 referendum results

By Harold Briley from London - The Falkland Islands and Gibraltar have been reassured by the British Government that it will protect their right to choose their own way of government. The pledge was contained in the Government’s programmer and new laws for the forthcoming session of Parliament, outlined in the traditional Queen’s Speech to both Houses of Parliament.

Wednesday, May 8th 2013 - 09:51 UTC

Argentina offers tax amnesty for undeclared dollars and assets in the country and overseas

According to the tax bureau agency head Echegaray, Argentines have 160bn dollars in undeclared assets

The administration of President Cristina Fernandez announced the drafting of a bill intended to establish a recovery plan for undeclared assets within the country and abroad in order to strengthen the level of foreign reserves of the Central Bank. The government estimates Argentines hold 160bn dollars outside the financial system in the country and overseas.

Wednesday, May 8th 2013 - 09:23 UTC

Argentines keep travelling overseas despite the ‘dollar clamp’ and the ‘Coca Cola formula’

Tax Office Director-General Toninelli admitted he doesn’t ‘exactly understand’ the way dollars are allotted to travellers

Despite the ‘dollar clamp’ and other obstacles to purchase the US currency in Argentina, the number of Argentines travelling abroad increased by 8% last March in comparison to the same period the year before although they spent 6.2% less than in 2012, it was reported by the National Statistics Bureau (INDEC).

Wednesday, May 8th 2013 - 02:44 UTC

Dollar in Argentina breaks 10 Pesos barrier, despite Cristina Fernandez and her “I want to leave” minister

“Nobody cares about the US dollar in Argentina”, said Minister Lorenzino

The ‘blue’ or parallel dollar in Argentina beat a new record on Tuesday by breaking the 10 Pesos milestone and ending trading at 10.08 Pesos. The official rate meantime remained relatively stable and closed at 5.16 and 5.21 Pesos (buying and selling price).

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