Argentina

• Thursday, December 6th 2012 - 00:35 UTC

  Repsol sues Chevron in New York over development of YPF energy assets

  

  Spain’s Repsol has sued Chevron Corp. in New York seeking to prevent the US oil giant from developing energy assets in Argentina. The federal lawsuit filed Tuesday follows other legal claims that the Spanish oil company has filed in Madrid and Washington, demanding more than 10 billion dollars in compensation for the majority stake in the YPF oil company that Argentina's government took over in April.

• Wednesday, December 5th 2012 - 23:53 UTC

  Argentina files complaints at WTO against US and EU for bans on beef and bio-diesel

  

  Argentina has filed complaints with the World Trade Organization against the United States over limits on beef and lemon shipments, and against the European Union and Spain for curbs on bio-diesel, Foreign Minister Hector Timerman announced.

• Wednesday, December 5th 2012 - 20:33 UTC

  Argentine bullying tactics are despicable says Falklands MLA Summers

  

  The Argentine Government’s acts of intimidation towards cruise companies which have planned to visit the Falkland Islands continues to impact on the Islands tourism industry with a further two ships cancelling their February visits on Wednesday.

• Wednesday, December 5th 2012 - 18:26 UTC

  Chevron dispute with Ecuador discussed by Correa with Cristina Fernandez

  

  Ecuador's President Rafael Correa said he discussed with his Argentine counterpart Cristina Fernandez the legal dispute with US oil giant Chevron that has spilled over into her country.

• Wednesday, December 5th 2012 - 17:20 UTC

  Argentine Jewish organizations slam President Correa ‘disdainful words’ towards terrorist attacks’ victims

  

  Argentine Jewish organizations strongly criticized Ecuador’s president, Rafael Correa after he defended the Iranian government, comparing the 85 people killed in the 1994 AMIA attacks in Buenos Aires with the victims of “NATO bombings in Libya” in 2011.

• Wednesday, December 5th 2012 - 05:22 UTC

  Dealing with Argentina “one of the most painful problems” admits President Mujica

  

  Uruguayan president Jose Mujica confessed that dealing with neighbouring Argentina is “one of the most painful problems” faced by his administration given the weight of the Argentine economy.

• Wednesday, December 5th 2012 - 05:18 UTC

  Cristina Fernandez calls for regional litigation mechanisms and blasts international bodies as ‘predators’

  

  Argentine President Cristina Fernandez criticized international organizations which she described as ‘predators’ and called for the region to create its own mechanisms to settle litigations among South American countries.

• Wednesday, December 5th 2012 - 05:15 UTC

  Correa defends close links with Iran and downplays the AMIA bombing in Buenos Aires

  

  Ecuadorean president Rafael Correa triggered a serious controversy in Argentina when he defended close links with Iran and downplayed Teheran’s alleged role in the 1994 attack on the AMIA Jewish institution in Buenos Aires that killed 85 people and left hundreds injured.

• Wednesday, December 5th 2012 - 00:07 UTC

  US court rules in favour of Argentina: denies security deposit requested by hedge funds

  

  US appeals court refused to order Argentina to post a security deposit of at least 250 million dollars while it seeks to overturn a lower court ruling that orders it to pay holdout investors 1.33 billion.

• Tuesday, December 4th 2012 - 16:24 UTC

  Punished by inflation a third of Argentines with difficulties to face monthly payments

  

  A third of Argentines have difficulties to face monthly costs because of inflation and lagging salaries, and 11% admit to “many difficulties” according to the latest Poliarquía public opinion poll released this week.