Stories for March 2004 , page 5

Tuesday, March 23rd 2004 - 21:00 UTC

IMF approves second review

The Executive Board of the International Monetary Fund, IMF, approved this Monday the second review of the three year stand-by agreement with Argentina.

Tuesday, March 23rd 2004 - 21:00 UTC

Tourists left 2 billion US dollars in Argentina.

According to the Argentine Tourism Office 3,328,485 tourists visited Argentina in 2003 leaving the equivalent of 2 billion US dollars, representing a 37% increase over 2002.

Tuesday, March 23rd 2004 - 21:00 UTC

Public and private debt totalled 145,6 billion US dollars

Argentina's total debt, private and public, reached 145,6 billion US dollars in the last quarter of 2003, with a 4,9 billion US dollars increase over the previous Q, reports the National Institute of Statistics.

Tuesday, March 23rd 2004 - 21:00 UTC

Exploding demand causes gas shortage

The strong growth of the Argentine domestic natural gas market and “future disruptions” can only be solved with a firm government action, claimed in Buenos Aires Repsol-YPF Foreign Relations Manager Fabian Falco.

Tuesday, March 23rd 2004 - 21:00 UTC

Argentina and Uruguay lead LA recovery

Argentina and Uruguay's strong rebound will lead the recovery of Latin America's economy that is forecasted to grow between 3,8 and 4% in spite of the recent terrorist attacks according to World Bank economist Guillermo Perry.

Tuesday, March 23rd 2004 - 21:00 UTC

ARA Irizar: A thing of the past.

Defence Minister José Pampuro said yesterday that a minor diplomatic spat with Great Britain over the actions of a naval ship and helicopter that entered the Malvinas
economic zone last week is “a thing of the past” and that “it has been overcome.”

Tuesday, March 23rd 2004 - 21:00 UTC

Falklanders anger over “Almirante Irizar” incident.

The construction of the Argentine War Memorial on the Falkland Islands will go ahead, despite recent alleged Argentine aggression inside the Falklands 200 miles internationally declared economic zone.

Monday, March 22nd 2004 - 21:00 UTC

Breaking News from Pta. Arenas.

Headlines:
Lagos campaigning in Magallanes; Benthonic survey to tap Magallanes resources; Chilean Antarctic Institute HQ in Punta Arenas; Magallanes trade with EU jumped 31%; Minke whale sighted in Magellan Strait; Belfast Queen's University in Punta Arenas.

Monday, March 22nd 2004 - 21:00 UTC

Argentina before the IMF Executive Board.

The International Monetary Fund, IMF, Executive Board is scheduled to formally approve this Monday the second review of the three year stand by program with Argentina, which will open the way for a reimbursement of 3,1 billion US dollars to Argentina and other pending credits from the World Bank and the Interamerican Development Bank.

Monday, March 22nd 2004 - 21:00 UTC

Counter cyclical Fiscal Fund proposed.

One of Buenos Aires most respected private financial consulting organizations is recommending given the strong fiscal situation of Argentina, the creation of a Counter cyclical fiscal fund to help restructure debt and invest in social development.