Argentina

• Wednesday, January 15th 2014 - 19:24 UTC

  Uruguay among the world's ten countries with highest inflation

  

  Uruguay is ranked among the world's ten countries with the highest inflation, having climbed from position 15 to 10 last year, only surpassed in Latin America by Venezuela and Argentina. Last year Uruguay ended with an inflation of 8.52%, well above the 4% to 6% target, and according to Central bank officials “it remains the main challenge for the country's economic policy”.

• Wednesday, January 15th 2014 - 18:50 UTC

  Argentine annual inflation: 28.38%, according to the Congressional index

  

  Argentine annual inflation for 2013 was 28.38% after soaring 3.38% in the month of December alone, according to the Congressional consumer price index, which is a survey that takes the average of several consultancy firms.

• Wednesday, January 15th 2014 - 06:50 UTC

  Argentine case of possible money laundering with mutilated US dollar bills

  

  US federal agents who seized more than 4 million dollars in US banknotes shipped from a famous money exchange house in Buenos Aires, Alfredo Piano, uncovered what they claimed was a cache of dirty money. Piano, 82, said many of the 100 dollar-bills were filthy and others had been ravaged by fire, water and even dogs.

• Wednesday, January 15th 2014 - 00:03 UTC

  Argentine baggage handlers delay Aerolineas flights and cruise vessels in Buenos Aires port

  

  Flights to and from Argentina's capital Buenos Aires’ international airport were delayed on Tuesday after a union offshoot that represents baggage handlers for the national carrier, Aerolíneas Argentinas, went on strike to protest the company’s proposal to hire handlers for six-hour shifts.

• Tuesday, January 14th 2014 - 18:34 UTC

  Falklands fisheries will come under attack from Argentina so as to 'strangle the Islands'' economy

  

  Argentina is preparing a battery of instruments to attack the Falklands fisheries and involved fishing companies with the purpose of 'strangling the economy' of the Islands thus forcing the UK to sit and dialogue on South Atlantic Islands sovereignty, according to a piece by La Nacion columnist Martín Dinatale.

• Tuesday, January 14th 2014 - 07:39 UTC

  Argentine Supreme court Judge blasts the police and the political elite

  

  To avoid a repeat of recent police strikes and the violence that followed the government should review the structure of Argentina’s police force, Supreme Court Justice Eugenio Zaffaroni declared, taking aim at both the country’s police and its political elite.

• Tuesday, January 14th 2014 - 07:23 UTC

  Prison sentences for those who drill for oil in Malvinas waters, warns Argentina

  

  ”Argentina will defend its claim” over the Malvinas Islands and companies drilling for oil off the coast of the contested resource-rich archipelago “will not only face administrative consequences but also prison sentences” warned Daniel Filmus, head of Argentina's recently created Malvinas Islands Secretariat, in an interview with The Guardian.

• Monday, January 13th 2014 - 07:35 UTC

  A frustrated Mujica calls for a readjustment of Mercosur legal framework

  

  Uruguayan president José Mujica said that members of Mercosur must readjust the block's legal framework ‘to make it work’ so that differences among its partners can be resolved in an institutional framework. He insisted on a review and amendment of mechanisms with greater flexibility and more adapted to current circumstances.

• Monday, January 13th 2014 - 06:04 UTC

  Argentine government struggling to stay on its feet, says The Economist

  

  The English business and finance weekly The Economist is no fan of Argentina's Cristina Fernandez but its articles have an expansive repercussion, and even when it does not add much to the current situation of Argentina, it does undoubtedly have a reference influence.

• Saturday, January 11th 2014 - 08:24 UTC

  Argentina denies it is blame for delay in Mercosur/European Union trade talks

  

  Argentina's Foreign Ministry refuted an article by Brazilian newspaper Valór Económico reporting that negotiations between Mercosur and the European Union had been delayed by the failure to reach agreement with Argentina over a joint proposal of goods to include in a free trade agreement