The United Kingdom gave its full support to the companies involved in oil and gas exploration in Falkland Islands waters, following Argentina’s announcement on Monday it was beginning legal actions against five companies committed to “illegal” and “clandestine” exploration activities in the disputed Malvinas waters.
Argentine scientists developed bricks and are analyzing the possibility of making natural insecticides with the ashes from the Chilean Puyehue volcano eruption which this month a year ago covered several cities in Patagonia and caused millions of dollars losses, sources of the University that coordinates the studies announced.
Argentina announced on Monday it had accepted the request from the European Union for a round of consultations, before the World Trade Organization, on the country’s controversial trade policies, but at the same time rejected all and every one of the questioned points and dragged the Falklands’ dispute into the fray.
Senator and former cabinet chief Aníbal Fernández said on Sunday that the Argentine government is planning, from the open of the black market on Monday, to put pressure on money exchange traders in order for the ‘blue’ dollar rate to not go over 5.10 Argentine Pesos.
Argentina is planning to issue bills bearing the likeness of Evita Duarte to mark the sixtieth anniversary on July 26th of the death of the wife of three times president Juan Domingo Peron, according to the Buenos Aires media.
Chile and Peru are best positioned in Latin America to withstand a downturn in the global economy and a drop in commodity prices, while Argentina and Venezuela are the most vulnerable to any turmoil, according to a senior official from Fitch Ratings.
As anticipated in the opening speech of the 42 OAS General Assembly hosted by landlocked Bolivia, President Evo Morales put on the discussion table his country’ aspiration for an outlet to the Pacific Ocean linking it to Argentina’s sovereignty dispute with the UK over the Falklands/Malvinas Islands.
By Rebecca Kendall (*) - It has been 30 years since the war over the Falkland/Malvinas Islands ended, but the question of sovereignty in the Islands, located 248 miles off the coast of Argentina, is still very much fresh in the minds of those closest to the issue, including Argentina’s Ambassador to the United States Jorge Argüello.
The most outspoken soldier of President Cristina Fernandez, Senator and former Cabinet Chief Aníbal Fernández regretted on Friday his controversial outburst on Thursday when he admitted having savings in dollars and it was nobody’s business what he did with his money.
Argentina's construction activity experienced a notable slowdown in April, the latest indicator pointing to a cooling of economic growth. Looking ahead prospects are not encouraging given the strict restrictions on US dollars, which is the main currency for real estate operations in Argentina.