Tag: Argentina

Argentina
Thursday, February 9th 2012 - 23:17 UTC

Mujica says Mercosur is “a chewing gum”; promises trade deals with third countries

Almagro admitted Argentina openly violates the basic principles of Mercosur

Mercosur from a real point of view exits, but institutionally it’s a “chewing gum” claimed Uruguayan president Jose Mujica who anticipated he would demand from the block’s partners that Uruguay be allowed to sign bilateral trade agreements with third parties.

Thursday, February 9th 2012 - 19:54 UTC

“People of the Falklands want to remain British” and they will be defended

PM Cameron: “an absolutely key part of the United Nations Charter is to support self determination”

UK Prime Minister David Cameron said on Thursday no one should doubt his determination to keep the Falkland Islands British as he dismissed President Cristina Fernández announced complaint to the United Nations.

Thursday, February 9th 2012 - 07:47 UTC

Trade restrictions, main point of agenda when Cristina Fernandez visits Chile

Ambassador Zaldivar will take the first steps to overcome the dispute

Santiago media reports increasing disappointment in the Chilean government and private sector with the latest batch of Argentine measures to restrict imports and want the issue ‘top of the agenda’ when President Cristina Fernandez visits Chile at the end of the month.

Thursday, February 9th 2012 - 07:44 UTC

Argentina limits daily financial transaction per person to 1.000 Pesos (230 dollars)

The move is aimed at “combating money laundering and terrorist financing”

Argentina limited the use of cash in the country’s financial markets as President Cristina Fernandez tightens oversight of currency transactions to help contain capital flight and prepare for what is anticipated a ‘difficult’ year for the Treasury and the Argentine economy.

Thursday, February 9th 2012 - 07:42 UTC

Argentine importers warn about ‘complications’ with new imports scheme

Diego Pérez Santisteban: no clear criteria: all imports less than half a million dollars are almost automatic

The head of the Importers Chamber of Argentina, Diego Pérez Santisteban, warned that the new imports controls applied by the government “is complicated,” and affects the bigger companies more than the small and medium ones of the sector.

Thursday, February 9th 2012 - 07:40 UTC

Argentine ‘Congress index’ shows January inflation reached 1.9%

Congress opposition members making the announcement

Argentine congress members announced on Wednesday that the inflation index for January based on an average of private sector estimates reached 1.9%, similar to the previous month of December.

Thursday, February 9th 2012 - 07:37 UTC

Argentina has the (Central bank) cash to take over YPF, says Barclays Capital

Vice President Boudou warned Argentina wants oil companies that make long term investments

Argentina has the cash reserves to make a tender offer for Repsol-YPF SA local unit, the country’s largest energy company, and will likely put further pressure on the industry to boost output, has stated Barclays Capital.

Wednesday, February 8th 2012 - 23:38 UTC

Turn on your ‘sepoy’ detector and weed out the ‘anti-Malvinas traitors’

”Argentina's policy towards the Malvinas is insane, erratic, senseless”, says Jorge Lanata

Jorge Lanata is one of Argentina’s most famous and fierce journalists, feared by politicians and union leaders, famous for uncovering corruption and confronting the sacred cows of the country’s establishment. This week he made some controversial comments about the Malvinas Islands which rocked the whole country.

Wednesday, February 8th 2012 - 23:28 UTC

Argentina has no more claim to the Falklands than Canada does to Alaska

George Grant is a Research Fellow at The Henry Jackson Society in London

Argentina has no more claim to the Falklands than Canada does to Alaska Giving the Falkland Islands to Argentina makes as much sense as giving Alaska to Canada: none whatsoever, says George Grant.

Wednesday, February 8th 2012 - 22:14 UTC

US diplomacy reiterates Falklands/Malvinas sovereignty is a bilateral issue

The Assistant Secretary for the Western Hemisphere Roberta Jacobson was expected Wednesday in Buenos Aires

The US Acting Assistant Secretary for Western Hemisphere Affairs, Roberta Jacobson, ratified the Obama administration’s standing on the Falklands/Malvinas sovereignty issue, which urges Argentina and the United Kingdom to find a diplomatic exit to the matter.

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