Argentina is sending a top level ministerial delegation to Ghana to discuss the release of the Navy’s tall vessel ARA Libertad, retained in the African country following a Thursday court ruling which confirmed the seizure on the complaint from a hedge fund.
Canada’s Methanex Corporation announced on Thursday that because of severe restrictions in the provision of natural gas to its plant in the extreme south of Chile, Punta Arenas, Magallanes Region, the company is forced to another re-structuring which will leave 48 people redundant.
Argentina’s sovereignty claim over the Falklands/Malvinas Islands continues to generate discrepancies among countries of the Americas, as was exposed in the Declaration of Punta del Este, at the end of the X Conference of Defence Ministers of the Americas which took place in Uruguay.
The Argentine Coast and Border Guards conflict came to an end on Wednesday morning following an order for the officers to return to their posts and remain in barracks until new instructions.
Argentine authorities suspended the local unit of US seed giant Monsanto from a local grains registry over allegations of tax irregularities. The company denied the allegations in a statement issued late on Wednesday.
The Argentine central bank confirmed on Wednesday that there is no money exchange restrictions for the federal government or provinces to purchase US dollars to honour public debt issued offshore.
By Jorge Araya - The Argentine president’s misguided perspective threatens her country.
(The following piece was published in the Harvard Crimson from Harvard University. It is considered the US oldest continuously published daily college newspaper, was founded in 1873 and incorporated in 1967).
Argentina is refusing to pay the 20 million dollars in ransom that New York hedge fund dealer Paul Singer is demanding in exchange for releasing the country’s Naval training vessel currently retained in the port of Tempa, Ghana, West Africa, reports the New York Post.
The opening session of the UN Fourth Committee on decolonisation was dominated by a joint verbal assault on Britain by South American countries over the issue of the Falkland Islands. One after another, representatives of governments in the region called on the UK to enter into dialogue with Argentina over the sovereignty of the Islands, which are claimed by the government in Buenos Aires.
Argentina will grow 2.6% in 2012 according to the IMF latest World Economic Outlook, which is below the 3.4% estimated by President Cristina Fernandez administration for this year’s budget.