Argentina

Thursday, August 22nd 2013 - 00:40 UTC
Argentina purchases Chinese equipment to improve the railway system

Argentina approved a contract to purchase railway equipment from a Chinese firm, said the government gazette. The contract was signed by the Argentine Ministry of the Interior and Transportation and the Chinese firm CSR Qingdao Sifang Co, Ltd on May 23, 2013 and officially approved with Administrative Decision 584/2013.
Thursday, August 22nd 2013 - 00:39 UTC
Argentina’s trade surplus down 40% in July; unemployment fell to 7.2%

Argentina's trade surplus shrank by 40% in July from a year earlier as surging fuel and auto imports increased pressure on President Cristina Fernandez government's system of currency controls. However the unemployment rate in the second quarter fell to 7.2% according to official data.
Thursday, August 22nd 2013 - 00:37 UTC
China’s CNOOC and Dow in line to sign agreements to develop Argentina’s shale deposits

YPF, the energy company in which Argentina holds a majority stake said its next shale oil and gas partnership will be with a group including China’s Cnooc. A deal is expected to be signed sometime next month.
Wednesday, August 21st 2013 - 18:55 UTC
Falklands: Ambassador Castro says comments on PM Cameron were ‘taken out of context’

Argentina's ambassador to Britain said on Wednesday she had not meant to offend British Prime Minister David Cameron when she called him “dumb” and his handling of the long-running dispute over the Falkland Islands “foolish and totally useless”.
Wednesday, August 21st 2013 - 18:50 UTC
Chile/Argentina row: Lan Chile evicted from Buenos Aires metropolitan terminal

Chilean president Sebastián Piñera has instructed Foreign minister Alfredo Moreno to immediately contact Argentine authorities following the decision by the government of President Cristina Fernandez ordering Lan Chile to move out from the metropolitan airport of Aeroparque in Buenos Aires.
Wednesday, August 21st 2013 - 18:31 UTC
Argentina media law dispute between Cristina Fernandez and Clarin reaches UK newsstands

The conflict between the administration of President Cristina Fernandez and the powerful Clarín media Group CEO Héctor Magnetto crossed the Atlantic and reached UK newsstands as British daily The Guardian published an article on Argentina’s Media Law.
Wednesday, August 21st 2013 - 00:23 UTC
“Devaluation of the Argentine Peso is a fact of the market”, says Lavagna

Former minister and ex-presidential hopeful Roberto Lavagna warned that the Argentine economy is going through “the worst scenario possible” since the market has already adapted to the devaluation of the Peso, but the government of President Cristina Fernandez in its fantasy refuses to acknowledge it.
Tuesday, August 20th 2013 - 23:26 UTC
Malvinas debate: Ambassador Castro describes PM Cameron as ‘a fool and completely useless’

During a debate on the “Malvinas Question”, Argentine ambassador to the United Kingdom Alicia Castro launched a strong attack on Prime Minister David Cameron describing him as “a fool, dumb, and completely useless” politician, because of his comments when the election of Pope Francis.
Tuesday, August 20th 2013 - 01:50 UTC
Cristina Fernandez losing her nerve; furiously blasts journalist for exposing her trip to tax-haven Seychelles

The Argentine government replied furiously on Sunday night to the latest chapter of journalist Jorge Lanata program on corruption in Argentina which so far had exposed top officials and protected businesspeople of the Kirchner couple administrations but on this occasion targeted President Cristina Fernandez and her non disclosed two-day visit last January to the Seychelles islands a renowned tax haven.
Tuesday, August 20th 2013 - 01:42 UTC
Argentina challenges ICSID judges in the dispute with Repsol over YPF seizure

Argentina formally challenged on July 29 the appointments of Judge Francisco Orrego Vicuña as mediator in Argentina’s dispute with Spanish oil firm Repsol and Claus von Wobeser as the head of the International Centre for Settlement of Investment Disputes (ICSID)’s arbitral tribunal that will pronounce a ruling in the case, it was revealed by Telam the official news agency.