Barrick, the world’s largest gold mining company, is indefinitely suspending construction of its troubled gold mine straddling the Chile-Argentine border, part of a cost-cutting effort that also involves 10 other mining projects around the world.
Uruguayan former president Jorge Batlle (2000/2005) said on Facebook that Argentina will again be a normal country when President Cristina Fernandez disappears from the political stage. And when this happens the Argentines are going to be happier and as a consequence so will we.
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.