To the loss of transshipments from Argentina, estimated in 100 million dollars a year by Montevideo port authorities, must be added the 60 million dollars following the ban on Falklands' flagged vessels from operating in Uruguay, claimed Mario Baubeta, president of Uruguay's Navigation Centre.
Argentine ambassador in London Alicia Castro in a letter published in The Times, defended the peaceful call from President Cristina Fernandez to dialogue and negotiations on the Malvinas Islands issue and underlined that the sovereignty claim over the Islands is 'enshrined in the national constitution'.
Mercosur will be holding a special meeting of foreign ministers next 15 November in Caracas to consolidate Mercosur presentation before the European Union, according to a release from the Argentine Foreign ministry.
Argentina is recalling with different acts and commemoration ceremonies the thirty years since the return of democracy when Raul Alfonsin was elected president of Argentina. On October 30 1983, and after a long recount of votes, Alfonsín's Radical Civic Union (UCR) secured a landmark victory over the Peronist Justicialist Party.
In a letter to investors dated October 28, Elliott Management said it remained hopeful that a consensual resolution can be achieved with Argentina regarding the hedge funds dispute. Elliott, which ranks among the industry's most enduring funds, having opened in 1977 with one million dollars in assets, tried to force Argentina to make full payment on bonds it bought more than a decade ago.
Vessels from China's Popular Liberation Navy docked for the first time in Buenos Aires in the framework of a South American tour that includes Chile and Brazil. The lead ship is destroyer Lanzhou with missile capability, the frigate Liuzhou and the support vessel Boyanghou, all active with the China's South Sea Fleet.
The Inter-American Development Bank (IDB) has approved a 300 million dollars loan to finance a multiple-work road program aimed at improving the conditions of accessibility, efficiency, and safety of priority roads of Argentina’s Norte Grande Region’s provincial road network and at contributing to the area’s sustainable economic development.
Argentine president Cristina Fernandez who is currently recovering from cranium surgery to drain a blood clot, “reads and knows everything” about the current state of things in the country, revealed governor of Entre Ríos province Sergio Urribarri.
The Argentine Supreme Court on Tuesday after four years of litigation finally declared the constitutionality of the Broadcast Media Law, effective immediately, and which forces the powerful Clarin media consortium to comply with the antimonopoly legislation and sell off many of its operating licenses.
Argentina has made public its first retaliation against Uruguay over the Botnia/UPM pulp mill controversy and has banned Argentine exports from being trucked to Montevideo for shipment overseas. The resolution was published Tuesday in the Official Gazette and invokes maritime transport agreements in the framework of Mercosur.