Tag: Argentina

Friday, May 1st 2015 - 07:22 UTC

Argentine central bank president contracts wife and son; blames lobbies for releasing the news

Vanoli said the 'news' was  the result of 'attacks' from those 'more than evident sectors' who want to see “the US dollar at 20 Argentine Pesos”

Argentina's central bank president Alejandro Vanoli strongly defended the recent contracting of his wife and son in the bank, arguing they are 'well trained' for the jobs and blamed local speculative financial groups of being behind the news which was published in the Buenos Aires media.

Friday, May 1st 2015 - 07:14 UTC

Tax free imported vehicles for residents from Kirchner's Santa Cruz province

“The maximum CIF import price for each vehicle unit is 25.000 US dollars for common autos and 40.000 US dollars for pickups”.

Argentine residents from the Patagonian province of Santa Cruz, the Kirchner family political stronghold, will be allowed to buy imported cars free of federal taxes, according to the latest resolution 31/2015, signed by president Cristina Fernandez and published in the official Gazette.

Friday, May 1st 2015 - 06:44 UTC

Leading Argentine economist says that we must admit “IMF is incorrigible”

“What the IMF says has to be taken as information and have the prudence to not owe nothing to them,” said economist Ferrer

Economist Aldo Ferrer has said the International Monetary Fund (IMF) was “incorrigible”, questioning the report the multilateral credit organism released this week saying Argentina should devalue on its peso currency and carry out austerity policies to get back on the track of growth.

Friday, May 1st 2015 - 05:29 UTC

Argentina and Chile coordinate joint scientific research in South Atlantic

The event was attended by Marcelo Diaz Diaz, Chilean ambassador in Argentina and his Argentine counterpart  Gines Gonzalez Garcia.

Outstanding researchers and scientists from Argentina and Chile in the fields of marine sciences, fisheries Antarctica and technology innovation met this week in Buenos Aires for a day's work coordinating the scientific efforts of both countries.

Thursday, April 30th 2015 - 07:03 UTC

Jewish organizations 'dismayed' by Timerman's 'threats and slanders'

Sobol and Jmelnitzky (Pic) from AMIA considered Timerman's claims that they were obstructing the investigation as “intolerable and inadmissible”

The Argentine-Israel Association, AMIA, expressed on Wednesday great dismay given the “strong threats” in the letter sent by Argentine Foreign minister Hector Timerman announcing he was quitting as member of the century old organization.

Thursday, April 30th 2015 - 01:12 UTC

IMF insists with gloomy forecasts for Argentina's economy this year and 2016

“Argentina maintained significant financial imbalances, following an extended period of fiscal expansion”, the IMF claims.

The International Monetary Fund (IMF) has repeated its forecast of a 0.3% drop in Argentine GDP over the course of 2015, while recommending a devaluation of the Peso and austerity measures in order to stimulate growth in the economy.

Wednesday, April 29th 2015 - 09:22 UTC

Argentine central bank increases reserves to highest level since November 2013

“Today the Central Bank purchased a record figure in the exchange market. International reserves keep going up” said central bank chairman Vanoli

Argentina's central bank bought 630 million of dollars on the local currency market on Tuesday in one of its largest-ever purchases, a move that will bolster the country's precariously low hard currency reserves. Some 500 million of the dollars purchased were proceeds from last week's 1.5 billion auction of bonds by state energy company YPF.

Wednesday, April 29th 2015 - 08:12 UTC

Falklands/Malvinas: Unasur message in support of Argentina's claims

The letter from Samper to Timerman is dated 5 April but was only released on Tuesday both in Quito and Argentina

Unasur and Argentina made public on Tuesday a letter dated last 5 April in which the regional group' Secretary General and former Colombian president Ernesto Samper, strongly supports Argentina's sovereignty claims over the Falklands/Malvinas and other South Atlantic Islands plus the adjoining maritime spaces.

Wednesday, April 29th 2015 - 01:58 UTC

Nisman case leads to Timerman indeclinable resignation from Argentine Jewish organizations

Timerman, himself a Jew, criticized their “obstructionist actions” aimed at hindering the investigation into the 1994 AMIA terrorist attack.

Argentine foreign minister Héctor Timerman submitted on Tuesday his “indeclinable” resignation as an affiliate of AMIA, the Argentine Israel organization that is at the center of an ongoing controversy since 1994, when it suffered Argentina's worst terrorist attack with the loss of 85 lives and over 300 injured in downtown Buenos Aires.

Monday, April 27th 2015 - 10:35 UTC

Argentine fisheries landings down 10.8% in first quarter; squid down 45.4%

Squid landings during the first quarter reached 29.800 tons, well below a year ago

Argentine seafood landings decreased by 10.8% in the first quarter of this year compared with the same period of 2014, according to the latest release from the Under Secretariat of Fisheries and Aquaculture.


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