Stories for 2011

Thursday, February 24th 2011 - 07:44 UTC
Boudou announces strong increase in government tax revenue and surplus

Argentina’s primary surplus rose 103.7% and reached 2.1 billion Pesos (522 million US dollars) during January year-on-year, according to Economy Minister Amado Boudou. Tax revenue in January set a new record of 40.7 billion Pesos due to booming economic growth and rising inflation.
Thursday, February 24th 2011 - 07:38 UTC
Spanish fishing vessels abandon Montevideo because of costly labour demands

Fifteen Spanish flagged fishing vessels will no longer operate in Montevideo because labour claims disputes with crew members can include vessel seizures or significant collateral deposits demands by the Uruguayan justice before they can return to sea.
Thursday, February 24th 2011 - 07:31 UTC
US/Argentina incident stalled: “we are waiting for a satisfactory response”

After the US Department of State official Philip Crowley tweeted that his country “wanted his (seized) stuff back,” the Argentine Foreign Ministry issued Wednesday a press statement in which it assured that it still awaits “a satisfactory response” to the formal complaint sent to the US embassy.
Thursday, February 24th 2011 - 07:20 UTC
After 22 years Repsol-YPF delists from the NY Stock Exchange

Spanish-Argentine energy company Repsol-YPF officially informed the U.S. Securities and Exchange Commission of its decision to de-list from the New York Stock Exchange, where its shares had been traded for almost 22 years.
Thursday, February 24th 2011 - 07:16 UTC
Nasdaq reacts to spate of deals in the stock markets industry

Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals.
Thursday, February 24th 2011 - 07:06 UTC
Argentina’s industrial output up 10.3% in January over a year ago

Argentina’s industrial output climbed 10.3% during January compared to the same month in 2010, according to the Indec national statistics bureau. The volume reported was higher than the one expected by analysts, who had announced an 8.1 percent increase of the Industrial Monthly Estimator (EMI) in January.
Thursday, February 24th 2011 - 07:03 UTC
BHP Billiton expands shale gas business and buys fields in Arkansas

Giant Anglo-Australian miner BHP Billiton has agreed to buy shale gas assets from US firm Chesapeake Energy for 4.75 billion US dollars. The purchase of Chesapeake's stake in a field in Fayetteville, Arkansas represents a move into the rapidly expanding shale gas business for BHP.
Thursday, February 24th 2011 - 06:55 UTC
Mining companies increase investments in Chile in spite of rising costs

Two major mining companies, Barrick Gold and Collahuasi, both plan to dramatically increase investments in their northern Chile gold and copper operations despite rising inflation and increased production costs.
Thursday, February 24th 2011 - 06:51 UTC
Iran ambassador and Palestinians in Chile ‘monitored’ with Israel collaboration

Israeli special defence forces – concerned about what they saw as an increased Iranian presence in South America – collaborated with Chile’s government to monitor “unusual activity” within the Iranian and Palestinian communities, a newly released cable from Wikileaks has shown.
Thursday, February 24th 2011 - 06:45 UTC
Magnetic observatory in South Georgia to track the “South Atlantic Anomaly”

A magnetic observatory is being re-established on South Georgia to provide vital data on the 'South Atlantic Anomaly' as scientists monitor a possible reversal of the earth's magnetic field. This field, generated deep within the planet, shields against particle radiation from space.