MercoPress. South Atlantic News Agency
Stories for December 4th 2013
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Wednesday, December 4th 2013 - 02:42 UTC
US Supreme Court hears 2002 case of BG Group against Argentina
The US Supreme Court heard arguments on Monday in the case of a British company embroiled in a legal battle with Argentina, with justices mulling the question of whether an arbitration tribunal has jurisdiction to punish a sovereign state in favor of a private company.
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Wednesday, December 4th 2013 - 01:22 UTC
Fitch creates an Argentine/Uruguay domestic credit rating branch: FIX-SCR
Fitch Argentina announced this week that industry pioneer Douglas Elespe has become its CEO/Managing Director and new venture partner, and will lead the company's shift to an Argentine and Uruguayan domestic credit ratings business focus under the new name FIX-SCR. The financial terms of the transaction are not disclosed.
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Wednesday, December 4th 2013 - 00:53 UTC
Commemorative coin: “Tribute from the Argentine People to Pope Francis”
Argentine Lower House passed last week a bill creating a commemorative coin as a tribute to Latin America's first Pope. Lawmaker Oscar Cachi Martinez first proposed the measure in April, and it garnered approval from congressional committees during November. The next step is for the bill to the considered by the Senate.
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Wednesday, December 4th 2013 - 00:30 UTC
Petrobras finds unconventional petroleum in Argentina's Vaca Muerta shale deposits
The Argentine unit of Brazilian state-controlled oil giant Petrobras said on Monday that it discovered unconventional petroleum in Argentina’s Vaca Muerta formation. The well is part of the Rincon de Aranda concession in Neuquen province, operated by Petrobras Argentina in a 55%/45% partnership with French oil major Total.
