Argentina

• Monday, October 28th 2013 - 05:37 UTC

  Argentine government retains congress; Massa and Macri confirm 2015 presidential ambition

  

  Argentine President Cristina Fernandez's governing bloc held onto control of Congress in Sunday's mid-term elections, but the results also confirmed the emergence of a new group of powerful leaders who with different messages (and non-messages) anticipated on that same night that their target it the presidential chair in 2015.

• Monday, October 28th 2013 - 05:30 UTC

  Argentina's nine month squid exports reach 91.277 tons, up 43.7% over 2012

  

  Argentina exported 329,751 tons of seafood in the nine months of 2013 to September, a figure which shows an increase of 14.9% compared to the same period in 2012, when 286.899 tons were shipped abroad.

• Saturday, October 26th 2013 - 15:54 UTC

  Argentina appeals New York Judge Griesa's order regarding banks' disclosures

  

  The Argentine government yesterday appealed an order by US Judge Thomas Griesa who asked some private banks to turn over information about Argentina’s assets abroad. The case had been started by hedge fund Elliott Management Corp’s NML Capital Ltd which is demanding in court full 100% payment of Argentine sovereign bonds face value.

• Saturday, October 26th 2013 - 13:48 UTC

  Sunday election, an anticipation for the 2015 post Cristina Fernandez chapter

  

  Sunday's midterm election in Argentina has become crucial for the government of President Cristina Fernandez who must retain control of Congress in the last two years of her mandate ahead of the 2015 presidential election, otherwise she runs the risk of becoming a lame duck accompanied by a most unwished end for the legacy of the Kirchner couple decade-plus rule.

• Friday, October 25th 2013 - 06:22 UTC

  Argentine first time 'young voters' remain distant from Sunday's mid-term election

  

  Argentines aged 16 and 17 will be able to vote for the first time in Sunday's midterm elections but the incidence of their ballot in the final result is considered marginal since many of them did not register. In Argentina voting is mandatory for the 18 to 70 age group, and 600.000 teen agers of 16 and 17 have registered to vote on 27 October when half the Lower House and a third of the Senate seats are renewed.

• Friday, October 25th 2013 - 06:16 UTC

  Alleged 'secret clause' in YPF/Chevron shale agreement triggers strong controversy in Argentina

  

  A New York Times piece published on Thursday regarding the agreement between Argentine nationalized oil and gas company YPF with California based Chevron has triggered a strong controversy in Argentina because of an alleged “secret clause” in the commercial document.

• Friday, October 25th 2013 - 06:13 UTC

  Argentina will deploy 91.000 security officers for Sunday's election

  

  Ahead of Argentina's midterm elections of next Sunday, 27 October, which have not been absent of acts of violence against candidates and militants, the Defense Minister has announced that more than 91,000 security officers will be deployed across the country's 24 districts to watch over polling day.

• Friday, October 25th 2013 - 05:56 UTC

  US company pays heavy fined for bribing in several countries, including Argentina

  

  The United States company Stryker Corp., the second-largest seller of orthopaedic devices, will pay more than 13.2 million dollars to settle U.S. regulatory claims that subsidiaries paid bribes in five countries to gain or retain business.

• Thursday, October 24th 2013 - 07:59 UTC

  Cristina Fernandez is 'doing fine', but must continue with 30 days of rest and no stress

  

  Argentine president Cristina Fernandez had a “neurologic-image control” test on Wednesday late evening at the Favaloro Hospital in Buenos Aires, following surgery last 8 October to remove a cranium blood clot. It was her first exit since 13 October when she was discharged from hospital and sent to the Olivos presidential residence for a strict 30 day rest-recovery period ordered by her medical team.

• Thursday, October 24th 2013 - 07:54 UTC

  'Parallel dollar holiday' in Argentina until after Sunday's election is anticipated

  

  Despite a full-fledged crackdown on the 'cave-exchanges' in the financial sector of Buenos Aires the 'parallel' US dollar ended Wednesday trading as on the previous day at 10.05 Argentine Pesos while the official rate stood at 5.82 Pesos (buying price) and 5.87 Pesos (selling price).