Stories for December 7th 2011

Wednesday, December 7th 2011 - 05:39 UTC
CFK begins her second mandate with the budget and energy bill in the red

Cristina Fernandez takes the re-election oath on Saturday with government accounts and the energy bill in red, which contrasts with the surplus condition enjoyed by Argentina when she first took office four years ago.
Wednesday, December 7th 2011 - 04:02 UTC
Argentina new cabinet minister, a political scientist from Peronist nomenclature

Argentina’s new cabinet chief and former Media Secretary of the Executive, Juan Manuel Abal Medina, 43, besides his own proven merits carries an illustrious name in the Peronist nomenclature.
Wednesday, December 7th 2011 - 02:18 UTC
New Economy minister: market friendly and an expert in debt negotiations

Hernán Lorenzino, 39, currently Finance Secretary and beginning next Saturday Argentina’s Minister of Economy is considered market friendly, has a vast experience in debt negotiations and accompanied President Cristina Fernandez in her recent trip to the G20 summit in France.
Wednesday, December 7th 2011 - 02:10 UTC
UK protests to Argentina the interception of Falklands licensed fishing vessels

The UK has protested to Argentina over its interception of Falkland Islands-licensed fishing boats, mainly Spanish in disputed South Atlantic waters and in the River Plate when they approach the port of Montevideo.
Wednesday, December 7th 2011 - 02:00 UTC
Positive reaction to Cristina Fernandez names for top cabinet posts

The Argentine government unveiled on Tuesday the list of the new cabinet members for President Cristina Fernández second mandate which will start next Saturday when she takes the oath of office. The initial reactions were positive both in the political system and from markets.
Wednesday, December 7th 2011 - 01:57 UTC
Obama sends Geithner in support of the ‘Merkozy” Euro rescue plan

US Treasury Secretary Timothy Geithner threw his weight on Tuesday behind a Franco-German plan to tackle the Euro zone's sovereign debt crisis and said the European Central Bank had to play a major role in any solution.
Wednesday, December 7th 2011 - 01:54 UTC
S&P downgrade warning, “the best news” to find an EU solution, says Schaeuble

German Finance Minister Wolfgang Schaeuble said Standard & Poor’s downgrade warning for 15 Euro- area governments will spur European leaders to double efforts to resolve the debt crisis at the Dec. 8-9 summit.
Wednesday, December 7th 2011 - 01:51 UTC
Conciliatory message from new ‘K’ president of the Argentine Lower House

The newly appointed Argentine Lower House president, Julián Domínguez, in a conciliatory message assured on Tuesday that “plurality is guaranteed in Congress” and called for “everyone’s political commitment to guarantee everybody’s interests.”