Oil company YPF confirmed Monday the finding of its biggest oil discovery in Argentina yet to the Buenos Aires stock exchange. The discovery was made in the Neuquén province and is equivalent to 927 million barrels.
China’s Cnooc Ltd.'s deal to buy BP Plc's 7.1 billion dollars stake in Argentine crude producer Pan American Energy LLC collapsed, ten days after Argentina's president ordered oil companies to repatriate export revenue.
Peronist militancy in Argentina has now reached beer brands with the presentation of different names dear to followers of the country’s main political force: “Evita”, “17 de Octubre”, “Montoneros” and “Doble K”.
Argentina's car makers, a key pillar of the industrial sector, saw production cool in October from the record levels seen in recent months as demand from neighboring Brazil dropped off.
Opposition leaders in Uruguay accused Argentina of “exerting pressure inside the G20 and the Organisation for Economic Co-operation and Development (OECD)” so the neighbouring country would be labelled a “tax haven,” the Montevideo media said.
US President Barack Obama defined Cristina Fernández and Argentina “a great friend” of the United States in a meeting between both Head of States. The bilateral meeting Friday lasted around thirty minutes and took place in the Carlton Hotel in Cannes in the framework of the G20 summit.
An Argentine think tank, the Centre of Financial Research, CIF, from the Torcuato Di Tella University School of Business in its latest release shows that Argentina’s probability of entering a recession reached 70%.
US Democratic congressman Maurice Hinchey sent a letter to President Obama requesting the declassification of several US intelligence documents, held by the Pentagon, the FBI and the CIA, that contain information related to human rights abuses, specifically the disappearance of children during Argentina's last military regime, which ruled in the country from 1976 to 1983.
During Thursday’s meetings of the Group of 20 in Cannes, Argentine President Cristina Fernández for G20 leaders to put a stop to the current “anarchistic economic capitalism” and regulate the markets, not the countries, to go back to what she referred to as “real capitalism” after three years of world economic crisis.
Chile, Argentina and Uruguay have the highest standards of living in Latin America according the latest report from the United Nations Human Development Index (HDI).