Economy

Tuesday, June 5th 2012 - 03:04 UTC
Major Canadian uranium mining company leaves Argentina fearful of populist policies

Another Canadian miner has pulled back from investing in Argentina fearful of the latest moves from a growingly populist government and not so clear rules for the mining industry.
Monday, June 4th 2012 - 22:38 UTC
Bright side of the Puyehue eruption: volcanic ash bricks and natural insecticides

Argentine scientists developed bricks and are analyzing the possibility of making natural insecticides with the ashes from the Chilean Puyehue volcano eruption which this month a year ago covered several cities in Patagonia and caused millions of dollars losses, sources of the University that coordinates the studies announced.
Monday, June 4th 2012 - 22:30 UTC
Argentina accepts consultation with EU on trade restrictions and also drags Falklands’ to the dispute

Argentina announced on Monday it had accepted the request from the European Union for a round of consultations, before the World Trade Organization, on the country’s controversial trade policies, but at the same time rejected all and every one of the questioned points and dragged the Falklands’ dispute into the fray.
Monday, June 4th 2012 - 07:29 UTC
Argentine government wants to regulate the black market for US dollars

Senator and former cabinet chief Aníbal Fernández said on Sunday that the Argentine government is planning, from the open of the black market on Monday, to put pressure on money exchange traders in order for the ‘blue’ dollar rate to not go over 5.10 Argentine Pesos.
Monday, June 4th 2012 - 06:31 UTC
Argentine will issue bills with the likeness of the iconic Evita Peron

Argentina is planning to issue bills bearing the likeness of Evita Duarte to mark the sixtieth anniversary on July 26th of the death of the wife of three times president Juan Domingo Peron, according to the Buenos Aires media.
Monday, June 4th 2012 - 04:13 UTC
Fitch: Chile, Peru best prepared for downturn of global economy; Argentina and Venezuela most vulnerable

Chile and Peru are best positioned in Latin America to withstand a downturn in the global economy and a drop in commodity prices, while Argentina and Venezuela are the most vulnerable to any turmoil, according to a senior official from Fitch Ratings.
Monday, June 4th 2012 - 03:49 UTC
Merkel signals to the opposition she is ready to accept measures to boost growth

Chancellor Angela Merkel praised higher German wage deals and signalled flexibility on a financial transaction tax, in a sign she is open to new measures to boost growth in Europe.
Monday, June 4th 2012 - 03:40 UTC
Berlin conditions Euro area bonds to an EU fiscal authority to control budgets

When former European Central Bank Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets the idea seemed fanciful, a distant dream that would take years or even decades to realize, if it ever came to be.
Monday, June 4th 2012 - 03:22 UTC
Latin America holds 42% of the world’s agriculture expansion potential

Latin America is one of the few regions of the world where agriculture production can expand since it holds 42% of that potential globally, said Victor M. Villalobos Director General of the Inter American Institute for the Cooperation on Agriculture, IICA.
Saturday, June 2nd 2012 - 04:19 UTC
Argentine senator admits having lost his temper regarding his savings in dollars, “I regret it”

The most outspoken soldier of President Cristina Fernandez, Senator and former Cabinet Chief Aníbal Fernández regretted on Friday his controversial outburst on Thursday when he admitted having savings in dollars and it was nobody’s business what he did with his money.