Argentina

Thursday, April 30th 2015 - 01:12 UTC
IMF insists with gloomy forecasts for Argentina's economy this year and 2016

The International Monetary Fund (IMF) has repeated its forecast of a 0.3% drop in Argentine GDP over the course of 2015, while recommending a devaluation of the Peso and austerity measures in order to stimulate growth in the economy.
Wednesday, April 29th 2015 - 09:22 UTC
Argentine central bank increases reserves to highest level since November 2013

Argentina's central bank bought 630 million of dollars on the local currency market on Tuesday in one of its largest-ever purchases, a move that will bolster the country's precariously low hard currency reserves. Some 500 million of the dollars purchased were proceeds from last week's 1.5 billion auction of bonds by state energy company YPF.
Wednesday, April 29th 2015 - 08:12 UTC
Falklands/Malvinas: Unasur message in support of Argentina's claims

Unasur and Argentina made public on Tuesday a letter dated last 5 April in which the regional group' Secretary General and former Colombian president Ernesto Samper, strongly supports Argentina's sovereignty claims over the Falklands/Malvinas and other South Atlantic Islands plus the adjoining maritime spaces.
Wednesday, April 29th 2015 - 01:58 UTC
Nisman case leads to Timerman indeclinable resignation from Argentine Jewish organizations

Argentine foreign minister Héctor Timerman submitted on Tuesday his “indeclinable” resignation as an affiliate of AMIA, the Argentine Israel organization that is at the center of an ongoing controversy since 1994, when it suffered Argentina's worst terrorist attack with the loss of 85 lives and over 300 injured in downtown Buenos Aires.
Wednesday, April 29th 2015 - 01:18 UTC
Falklands confident of its oil industry safety regime and environment protection commitment

The Falkland Islands maintain strong regulatory oversight on all oil and gas operations and its offshore safety regime is based on the North Sea’s Safety Case regulatory structure, recognized as one of the highest standards in the world, said the Falklands' government in a release following concerns related to technical issues on the rig Eirik Raude, currently operating in the South Atlantic.
Monday, April 27th 2015 - 10:35 UTC
Argentine fisheries landings down 10.8% in first quarter; squid down 45.4%

Argentine seafood landings decreased by 10.8% in the first quarter of this year compared with the same period of 2014, according to the latest release from the Under Secretariat of Fisheries and Aquaculture.
Monday, April 27th 2015 - 07:16 UTC
Falklands has received no formal request to DNA test Argentine soldiers buried at Darwin

The elected government of the Falkland Islands (FIG) has not received any formal request from Argentina or the International Red Cross, ICRC to exhume and identify Argentine soldiers buried at Darwin, according to the last edition of Penguin News, the Falklands' weekly.
Saturday, April 25th 2015 - 06:19 UTC
Malvinas' oil rig drilling 'technical problem' triggers strong concern release from Argentina

Argentina's Foreign Ministry expressed concerns on Friday over the failure in the blow-out preventer, BOP, valve of the “Isobel Deep” exploration well currently being drilled to the north of the Falklands/Malvinas Islands, as reported by Falkland Oil and Gas Limited (FOGL).
Saturday, April 25th 2015 - 05:58 UTC
Volcano ashes fog Buenos Aires and blanket several Patagonian provinces

The eruption of Chile’s Calbuco volcano has resulted in a cloud of ash beginning to spread on Friday into the City of Buenos Aires while the alert in southern cities of Argentina remains.
Saturday, April 25th 2015 - 05:41 UTC
Argentine economy picking up boosted by agriculture; manufacturing continues downfall

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.