Tag: Argentina

Argentina
Tuesday, May 31st 2016 - 07:36 UTC

Poor squid season hits Argentina's seafood exports in first quarter

Squid not only had a bad season, but sales dropped 47.4% over the same period the previous year. However the improved price 29%, meant revenue fell by 32.2%.

Argentina's Under Secretariat of Fisheries reported that landings between January first and 30 April plummeted19.3% but exports in the first quarter achieved significant growth in foreign currency: 16.2%, with a slight increase in volume 1.7%. The poor landings are attributed to a “terrible” squid season, while the jump in export value was supported by extraordinary sales of shrimp.

Tuesday, May 31st 2016 - 07:30 UTC

Macri pledges to repatriate overseas savings in Bahamas and buy Argentine bonds

Macri said money was transferred to Bahamas after Swiss bank Julius Baer Group bought Merrill Lynch overseas wealth management unit from Bank of America.

President Mauricio Macri said Monday that he will repatriate $1.3 million in savings from the Bahamas and use the money to buy Argentine treasury bonds because he is confident the struggling economy will recover and thrive.

Tuesday, May 31st 2016 - 06:51 UTC

“Argentina needs its armed forces for peace; they have been ignored for years”, says Macri on Army Day

“We have begun a new stage in the life of our nation, which urges us to leave behind old conflicts and divisions...This Argentina also needs its armed forces”

Argentine President Mauricio Macri said Monday that Argentina needs armed forces adapted to the 21st century, ready to carry out peace missions and come to the rescue in times of disaster, after “years” of being ignored by the government. He made the statement at an Army Day event.

Saturday, May 28th 2016 - 08:04 UTC

Operation Condor condemns Argentine ex dictator and 14 top military officers

Bignone, 88, the highest ranking figure on trial, was sentenced to 20 years in jail. Fourteen of the remaining 16 defendants got eight to 25 years behind bars.

Former Argentine dictator Reynaldo Bignone and 14 other ex-military officials were found guilty by an Argentine court on Friday of conspiring to kidnap and assassinate leftist dissidents as part of the Operation Condor program. Bignone, 88, the highest ranking figure on trial, was sentenced to 20 years in jail. Fourteen of the remaining 16 defendants got eight to 25 years behind bars. Two were found not guilty.

Saturday, May 28th 2016 - 07:02 UTC

Falklands considering review of response protocol to visitors' misbehavior actions

PN reports that action is being taken following LAN passengers recently attempting to take non permitted items on to a flight out of the Falklands.

The Falkland Islands government is considering a review of the response protocol to actions committed by visitors who ignore Islands' rules or are involved in misbehavior, harassing locals as happened this month, reports the Penguin News in this Friday's edition. The different branches of Falklands' government act coordinately and effectively, in such cases and admit it usually involves a minority of Argentine visitors.

Saturday, May 28th 2016 - 06:08 UTC

UK-Argentina: a new start for an old relationship, according to The Economist

 The 60-metre Palladian clock tower was a gift from the city’s British community to mark the centenary of Argentina’s 1810 revolution

With its green bell tower and royal coat of arms, the Torre Monumental in Buenos Aires would not look out of place in a British market town. The 60-metre Palladian clock tower was a gift from the city’s British community to mark the centenary of Argentina’s 1810 revolution (though it was completed in 1916). On May 24th this year around 200 people gathered to commemorate its centenary.

Saturday, May 28th 2016 - 05:53 UTC

Falklands claim and UN chief post bid', “not incompatible” for Argentine minister Malcorra

“What we have been saying regarding the Malvinas is what we have said since the day we took office ... and I see no incompatibility” between that and becoming secretary-general, Malcorra said

Argentina's foreign minister Susana Malcorra said on Friday she believes there's no conflict of interest between her bid to be the next U.N. secretary-general and her ministerial work including pressing Argentina's sovereignty claim over the disputed Falkland Islands.

Thursday, May 26th 2016 - 06:34 UTC

Falklands are “most satisfied with Chile links and excellent health services”

“Our economy is strong enough to allow us to chose where we wish to send our students, and patients demanding services we can't supply in the Falklands”

Falkland Islanders are very satisfied with the Chile links and health services in Santiago, was the first reply to media speculations in the Buenos Aires media regarding possible changes in the Argentine government attitude and policies towards the disputed Falklands.

Thursday, May 26th 2016 - 06:05 UTC

Argentina confident Patagonia's shale formation foreign interest remains strong

“Vaca Muerta will continue to be for YPF and, for the country, a very good option to regain the energy sovereignty,” minister Aranguren said

Argentina's Vaca Muerta shale formation in Patagonia remains an attractive asset for international investors, many of which are looking to increase the amount they have invested so far, according to the country's Energy Minister Juan José Aranguren, a former Shell Argentina CEO.

Thursday, May 26th 2016 - 05:03 UTC

Macri's government in “100% agreement” with the Church's dialogue message

“We are 100% in agreement with the message from the Church, we agree with the creation of dialogue rounds”, underlined cabinet Chief Peña, following the religious service.

Argentina's cabinet chief Marcos Pena said president Mauricio Macri administration was “100% in agreement” with the Catholic church 25 May Day message “to leave aside statistics, think in the Argentine people and not fight among ourselves”.

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