Argentina fisheries exports dropped in volume and value in 2007 according to the latest release from the country's Nacional Food Safety and Quality Service (SENASA). Exports totaled 505.794 tons of fish and shellfish valued 1,027 billion US dollars which is 13% and 14% below 2006.
Argentina reported a monthly primary budget deficit for the first time in three years pushed by higher social security spending and subsidized loans for small businesses.
British Airways has announced plans to significantly increase services to South America with a daily direct flight to Buenos Aires and starting next winter non-stop flights to Rio de Janeiro.
Argentina's president Cristina Fernandez de Kirchner officially announced Wednesday that the French group Alstom and its partners IECSA, Emepa, Isolux Corsan have been awarded the first very high-speed train link project in Latin America.
China has come to the rescue of Argentina's Antarctic effort with the icebreaker Xuelong (Snow Dragon) scheduled to call in Buenos Aires next January 25 and load 200 cubic meters of general cargo for Argentine bases.
Beef consumption in Argentina in 2007 reached 67.2 kilos per capita, 10.4% over the previous year according to the country's Chamber of Meat Industry and commerce, Ciccra, which also predicts a strong domestic demand in 2008.
Frustrated passengers smashed ticket counters and threw objects at airline staff at Argentina's main airport on Saturday after the country's flagship airline canceled international flights for a second day.
Although the Argentine government refuses to use the word crisis, President Cristina Fernandez de Kirchner launched Friday the energy rational consumption program geared to alleviate the power cuts and shortages that have plagued the city of Buenos Aires and metropolitan area.
Houston independent Apache Corp. reported that its Seccion Banos-2004 well on the Argentine side of Tierra del Fuego is producing 1,635 b/d of oil and 1.3 MMcfd of gas from the Lower Cretaceous Springhill sandstone. The well is the first large producer drilled following Apache's 1,800 sq-km, 3D seismic survey in the area.
Jorge Isaac Anaya, a former Argentine navy chief who was the leading proponent of the past dictatorship's ill-fated 1982 invasion of the Falklands Islands, has died at 81.
Anaya, who suffered a heart attack in 2006 while awaiting court questioning about human rights abuses during military rule, died at home