Argentina

• Monday, December 10th 2012 - 20:10 UTC

  YPF CEO Galuccio travels to Norway to discuss partnership with Statoil

  

  Argentina’ nationalized oil and gas corporation YPF is said to be in talks with Norway’s Statoil about a possible partnership as part of its 37 billion dollars drive to develop Argentina’s energy reserves. It is close to signing deals with US oil giant Chevron as well as Bridas Corp, the Chinese-Argentine joint venture, the Financial Times reported on Sunday.

• Monday, December 10th 2012 - 19:55 UTC

  Brazil leaning for the US F-18 Super Hornet fighter bomber, says Sao Paulo media

  

  The Brazilian air force, awaiting the outcome of the selection process for purchasing 36 fighter jets, is leaning toward the F-18 Super Hornet of the US, which is competing against the French Dassault Rafale and the Swedish Gripen, Istoe magazine said.

• Monday, December 10th 2012 - 05:51 UTC

  Dollar clamp represents the failure of Argentina’s energy policy, says Lavagna

  

  Former Economy minister Roberto Lavagna said that it will take Argentina “at least three years” to liberate the country from the ‘dollar clamp’ if as of this month it was decided to execute a policy to end restrictions on the purchase of foreign currency.

• Monday, December 10th 2012 - 05:34 UTC

  YPF confident it has partners to develop shale assets: Chevron and Bridas

  

  Argentine nationalized oil company YPF is in advanced discussions with potential partners on the development of its shale assets, the company's chief executive said. YPF could complete a deal with Bridas Energy Holdings Ltd. before the end of the year, while an agreement with US oil major Chevron Corp. will likely close in the first quarter of 2013, he said, adding that the deals would likely be similar in size.

• Monday, December 10th 2012 - 05:11 UTC

  Cristina Fernandez blasts Judges and independent media on Democracy Day

  

  In a major speech on Sunday before the iconic Plaza de Mayo celebrating ‘Democracy Day’ and ‘Human Rights Day’ , Argentine President Cristina Fernandez kept pressure on Judges and independent media calling for a “deep democratization of the three branches of government” and a “greater independence from economic power and corporations”.

• Monday, December 10th 2012 - 05:05 UTC

  Argentine lawmaker threatens appeals judges with impeachment

  

  An Argentine Senator from the ruling coalition warned that judges who upheld an injunction request made by the media group Clarín on Thursday could be impeached.

• Sunday, December 9th 2012 - 20:04 UTC

  British scientist sentenced in Argentina after falling into drug smuggling by honey trap

  

  Currently confined to a two bedroom flat in a Buenos Aires city neighbourhood, just a few blocks away from the National Congress building, is Professor Paul Frampton, 69, from Kidderminster, who was recently sentenced in Argentina to four years and eight month imprisonment on drugs smuggling charges.

• Saturday, December 8th 2012 - 04:02 UTC

  Supreme Court will decide on Clarin/Argentine government conflict next week

  

  The Argentine Supreme Court delayed on Friday until next week an answer to President Cristina Fernandez administration’s complaint referred to the Media Law when the seven Justices are present. Currently one is overseas on an academic trip and two others were unable to attend the emergency meeting.

• Friday, December 7th 2012 - 15:21 UTC

  Argentine government appeals to Supreme Court the conflict with Clarin Media group

  

  As part of another chapter of the bitter conflict over a controversial Media Law the government of President Cristina Fernandez called on Friday for the annulment of a ruling from the Civil and Commercial Court of Appeals, which on Thursday extended an injunction placed by the Clarín Group on Article 161 of the Media Law.

• Friday, December 7th 2012 - 05:50 UTC

  Argentine Executive and Judiciary clash over Media Bill and intimidation of Judges

  

  President Cristina Fernandez and the Argentine Judiciary branch are on a collision course after a federal court, despite all kinds of pressure and threats, decided on Thursday to extend an injunction referred to a controversial media bill which seems targeted to dismember the powerful Clarin Media Group, which has become to the eyes of the regime enemy number one.