The World Trade Organization (WTO) ruling against Argentina triggers no immediate modification of the country’s trade administration, Cabinet Chief Jorge Capitanich pointed out adding a “comprehensive and detailed analysis of the ruling’s terms” is needed.
Argentina's government called a leading prosecutor a 'despicable liar' on Thursday for accusing President Cristina Fernandez of secretly negotiating with Iran to avoid punishing those responsible for the country's worst terrorist attack, and insisted the whole thing was a 'media show'.
Argentina's AMIA special prosecutor Alberto Nisman confirmed his complaint against President Cristina Fernandez and several other officials over an alleged “criminal deal of impunity” with Iran and explained the role of every one of those he accused for “covering up” Teheran’s involvement in the attack against the Jewish centre in 1994 in Buenos Aires.
Bilateral trade between Mercosur two main partners, Brazil and Argentina (first and third largest economies in Latin America) dropped 21.2% last year and with a 139 million dollars deficit for Argentina, according to the Argentine Commerce Chamber, CAC.
The World Trade Organization on Thursday rejected Argentina’s bid to overturn a ruling in favour of the United States, the European Union and Japan against the Buenos Aires licensing rules used to restrict imports.
YPF's oil and natural gas production rose in 2014 for the second year running, Argentina's state-run energy company said on Thursday. Oil production rose 8.7% last year, while gas output was up 12.5%, YPF said, although the company did not publish annual output volume.
Argentina's Presidency Secretary General Anibal Fernandez bluntly rejected the accusations by the prosecutor in the AMIA bombing probe against president Cristina Fernández, foreign minister Hector Timerman and other Kirchnerite officials for allegedly “covering up” Iranian citizens in the investigation.
An Argentine federal special prosecutor on Wednesday accused President Cristina Fernandez of seeking to cover up the involvement of Iran in a 1994 terrorist attack on a Jewish cultural center in Buenos Aires that claimed 85 lives and 300 injured.
China has emerged as a possible supplier of jet fighters to help modernize the Argentine Air Force, depleted since the 1982 Falklands' war, according to reports from Defense News. In effect the FC-1/JF-17’s, 'Thunder' operational with the Pakistani air force and proven in combat could be a suitable, accessible option for the Argentines after the Spanish, French, Israeli offers seem to have fallen through.
Newsan, an Argentine firm involved in electronics but also in seafood supply, has reportedly acquired Argentine operations of Japan’s second largest seafood company, Nippon Suisan Kaisha (Nissui). The operation follows an incident involving alleged fishing of the Japanese company in the South Atlantic both in Argentina and Falklands' waters.