Argentina

Friday, May 16th 2014 - 10:06 UTC
Argentina's April inflation for the Congressional index reached 2.8%

Argentina's inflation congressional index marked 2.8% in April, or 15.78% in the first four months of the year and 39% in the last twelve. These percentages contrast with the official data from the Indec stats office which earlier this week said the April CPI was 1.8%.
Friday, May 16th 2014 - 09:37 UTC
YPF wants to create a G10 of Latin American state oil companies CEO's

Argentina's YPF CEO Miguel Galuccio proposed on Thursday in Bolivia a G10 of Latin American state owned oil corporations to strengthen their bargaining power based on their resources and development synergy.
Friday, May 16th 2014 - 09:25 UTC
YPF defends Chevron partnership; court orders investigation into accord with the US oil giant

Argentine state-controlled oil company YPF on Thursday defended the partnership deal it reached with one of the world's largest energy corporations, Chevron Corp., two days after a court ordered a probe into alleged irregularities associated with the pact.
Friday, May 16th 2014 - 09:16 UTC
Setback for Cristina: federal court declares Iran/Argentina memorandum unconstitutional

An Argentine Federal court on Thursday struck down the memorandum of understanding between Argentina and Iran to jointly investigate the deadly 1994 bombing of a Buenos Aires Jewish community center that local courts blamed on Teheran.
Friday, May 16th 2014 - 08:49 UTC
Science to claim sovereignty: Argentina makes official its South Atlantic 'Blue Pampa' initiative

Argentina made the official presentation to foreign diplomats in Buenos Aires of its “Blue Pampa” initiative described as an effort to collect more information on Argentine maritime spaces, surrounding areas and associated ecosystems, helping to create a South Atlantic conscience in the country. Five areas have been chosen to implement the initiative including South Georgia.
Friday, May 16th 2014 - 08:35 UTC
Argentines strongly disapprove of torture, but 49% are fearful if in custody

Nearly half of all Argentines say they fear suffering torture if they were detained by authorities, a figure that represents slightly more than the global average, an Amnesty International survey has revealed. The results from a series of questions on the issue show Argentina as one of the nations that most disapprove of torture among the 21 countries surveyed.
Friday, May 16th 2014 - 06:30 UTC
Former Escobar lover links Menem's son 1995 death with the drugs business

Virginia Vallejo, former lover of Colombian drug lord Pablo Escobar Gaviria, linked the death of ex president Carlos Menem’s son –Carlos Menem Jr.- with Escobar’s family money laundry in Argentina in the 90s.
Thursday, May 15th 2014 - 07:14 UTC
Consumer prices in Argentina decelerate, but controversy on how much persists

The Argentine consumer-price index climbed 1.8% in April over March, which means that during the first four months of the year it reached 11.99%. The CPI announcement was made by Economy minister Axel Kicillof at a press conference on Wednesday. However private estimates and the Buenos Aires City index show greater percentages.
Thursday, May 15th 2014 - 01:01 UTC
Surprise in Argentina that Mujica should have said “Uruguayans don't go around bribing”

A top official from Argentine President Cristina Fernandez said that “Argentines do not bribe” and does not know why the Uruguayan leader Jose Mujica should have brought up that issue during his current visit to the United States.
Wednesday, May 14th 2014 - 00:24 UTC
Cristina Fernandez ally union admits 18.8% (7 million) of Argentines are under the poverty line

At least 7 million Argentines, or 18.8% of the population, currently find themselves under the poverty line, with 1.7 million (4.2%) classed as in extreme poverty or indigence, according to a new report from the Argentine Workers' Central (CTA) union headed by the Cristina Fernandez government ally Hugo Yasky.