Tag: Argentina

Argentina
Friday, November 28th 2014 - 06:38 UTC

Mercosur and EU could not establish a date for the exchange of new proposals

EC indicated it has to finalize the internal consultation process regarding its own proposal which it estimates “should take place any time now”.

European Union and Mercosur representatives analyzed the current state of negotiations for an association and free trade agreement but could not establish a date for the exchange of new proposals because “the European Commission has yet not concluded the consultation process with member states to harmonize its proposal”.

Friday, November 28th 2014 - 06:17 UTC

Griesa rejects payment request from investors holding Argentine bonds in Euros

“I cannot make more exceptions” said Griesa and ordered that the payment of interest for those bonds remain frozen in the Bank of New York Mellon.

US Federal judge Thomas Griesa has rejected a request by European investors seeking payment on Argentine titles currently blocked in New York, despite an ongoing parallel court battle over the issue in London.

Friday, November 28th 2014 - 06:02 UTC

The Rolling Stones named 'guests of honor' by Buenos Aires City

“The Stones have become an essential part of popular music,” the initiative stated, arguing it is “undoubtedly the best rock and roll band in the world.”

British iconic rock band The Rolling Stones have been named Buenos Aires City “guests of honor”, after the city legislature passed an initiative proposed by ruling Victory Front (FpV) lawmaker Maria Rachid and “Seamos Libres” lawmaker Pablo Ferreyra.

Friday, November 28th 2014 - 05:58 UTC

Argentine industrial activity contracts 6.1% in October compared to a year ago

Big drops in the auto industry are having a direct impact on the overall activity index

A private report revealed that industrial activity in Argentina dropped 6.1% in October compared to the same period last year, as the manufacturing sector continues to contract pushed by big drops in the auto industry.

Thursday, November 27th 2014 - 05:16 UTC

Malvinas next-of-kin deny any soon exhumation of Argentine fallen at Darwin cemetery

The Darwin Cemetery with the remains of Argentine soldiers fallen during the Falklands conflict of 1982

The Malvinas and South Atlantic Islands fallen next of kin commission, in a public statement said that exhuming and identifying remains of Argentine soldiers buried in the Falkland Islands Darwin cemetery is a most personal issue for each family, strictly humanitarian, not decided and thus rejects any political intentionality in recent statements on the matter.

Tuesday, November 25th 2014 - 22:33 UTC

Despite Argentine protests, BBC Top Gear Patagonia episode will be aired in Christmas

Argentina’s Ambassador to Britain Alicia Castro, has made formal complaints, accusing Clarkson and the program of being “provocative, bias and insulting”

After refusing to apologize to Argentina over a much questioned Top Gear episode filmed in Argentina considered “offensive” by the government of President Cristina Fernandez, the BBC has taken the controversy to the next level, deciding to air the episode in the network’s prime-time Christmas slot.

Tuesday, November 25th 2014 - 04:16 UTC

Falklands government has received no request, to date, for exhumations at Darwin cemetery

MLA Elsby was the spokesperson for the elected Falklands' government: “to date has not received a formal request for permission to undertake this work”.

To date (Monday) the Falkland Islands government has received no formal request for the exhumation and identification of the Argentine combatants buried at the Darwin Cemetery, was the reply from Gilbert House in Stanley to reports to that effect in The Independent, and in the Argentine media.

Tuesday, November 25th 2014 - 00:45 UTC

Falklands' reference in BBC Top Gear Argentina program: no end to controversy

Ambassador Castro has addressed a letter directly to the Chair of BBC Trust, Rona Fairhead

Ambassador Alicia Castro has addressed a letter directly to the Chair of the BBC Trust requesting formal apologies for the “false and biased” account reported on the BBC program “Top Gear” filmed in Argentina, and in a veiled subtle way ends hoping that the long established relationship between Argentina and the BBC, “will continue to blossom in the future”.

Monday, November 24th 2014 - 06:37 UTC

Argentine central bank discards 'any devaluation' of the Peso in 2015

Vanoli explained that the Central Bank’s goal is to maintain a managed floating exchange rate regime. “Argentina does not have a fixed exchange rate,” he said.

The head of Argentina's Central Bank Alejandro Vanoli reaffirmed that “there won’t be a devaluation” of the Peso next year and stressed that the government of President Cristina Fernandez will not give in to pressure from the financial market and the export sector.

Saturday, November 22nd 2014 - 09:13 UTC

Argentina's economy weakens in September, according to official stats

People have been cutting back on spending, particularly on big-ticket items such as cars and home appliances.

Argentina's economy weakened slightly in September as high inflation and declining purchasing power curbed sales and industrial production. A proxy for economic growth published by the government fell 0.2% on the year, the national statistics agency Indec reported Friday.

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