Hundreds of thousands of protestors, probably a million according to some estimates, took to the streets of Buenos Aires on Thursday evening to hold the 8N pot-banging demonstration against the administration of Argentine President Cristina Fernandez.
A heat wave which reached 36 Celsius caused on Wednesday a massive blackout in Argentina’s capital with an estimated three million people suffering lack of power plus such emblematic sites as Government House (Casa Rosada), Congress and the posh district of Puerto Madero.
An Argentine judge has embargoed up to 19 billion dollars in Chevron assets in connection with an environmental lawsuit by Ecuadorean villagers, a lawyer for the plaintiffs said on Wednesday.
Argentine pro and anti-government officials, politicians and lawmakers took to the nation’s radio stations to speak out on Thursday’s planned 8-N anti-government pot-banging protest, highlighting issues of class and ethics, but denying that the measure could be comparable to the magnitude of protests that took place in 2001.
As happened in the Argentine Senate a couple of weeks ago, 107 members (out of 257) from the Lower House, and from all opposition parties, subscribed on Tuesday a manifest pledging non support for any initiative to amend the Constitution with the purpose of opening the way for a second re-election.
South America’s crop prospects deteriorated because of excessive rainfall in Argentina and dry conditions in central Brazil, according to Oil World. Argentina’s estimated 55/56 million tons soybean crop could drop anywhere from 3 6o 6 million tons because of delays in sowing caused by torrential rains and flooding.
The US Supreme Court on Monday asked for the US government's views on a British Gas Group PLC appeal that seeks to restore a 185 million dollars arbitration award the company won against Argentina in 2007.
Argentina’s real estate sector is already feeling the negative consequences of the ‘dollar-clamp’ implemented by the government of President Cristina Fernandez a year ago, and in 2013 the effect could have an even greater impact for the construction industry.
Argentina will use all legal means to defend its position against a US court ruling that would force the country to repay creditors who sued to collect on defaulted Argentine bonds, Economy Minister Hernan Lorenzino reiterated in Mexico.
Henrique Capriles, the runner-up in Venezuela’s recent presidential elections, commented on comparisons between Argentina’s and Venezuela’s governments in an article published on Sunday in an Argentine provincial newspaper.