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.
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.
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.
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.
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.
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.
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.
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.
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.
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.