Stories for October 1st 2014

Wednesday, October 1st 2014 - 21:28 UTC
Industrial production in Argentina declines for the 13th consecutive month

Argentine industrial output fell 2.3% in August compared to a year ago and 2.8% in the last twelve months in non seasonally adjusted terms according to a report from the Ministry of Economy.
Wednesday, October 1st 2014 - 08:09 UTC
US calls on Argentina “to normalize relations with all bondholders”

While the US State Department again called Tuesday on Argentina 'to normalize relations with all its bondholders’, the government of President Cristina Fernandez deposited a 161 million dollars bond interest payment with a newly appointed local trustee on Tuesday, defying a U.S. judge who held Argentina in contempt of court on Monday for taking illegal steps to meet its debt obligations.
Wednesday, October 1st 2014 - 08:00 UTC
Falklands' 2015 oil drilling program to include Borders & Southern

Borders & Southern Petroleum PLC said it will join a Falkland Islands drilling consortium so it can participate in the 2015 drilling program on the Islands, as soon as partnering and funding has been secured for its licenses.
Wednesday, October 1st 2014 - 07:42 UTC
Argentine president claims the US wants her removed: “if something happens to me, look North”

Argentine president Cristina Fernandez defiantly claimed on Tuesday that financial, industrial and local political groups together with outside support want to remove her from office, and warned that “if something happens to me, don't look to the Mid East, look North” in clear reference to the United States.
Wednesday, October 1st 2014 - 07:30 UTC
CFK targets US interim ambassador for 'provocative' report on crime in Argentina

Argentine President Cristina Fernández. CFK, questioned the warning message issued on Tuesday by the US Embassy in Buenos Aires, saying it is “in line” with anti-government media, and seriously doubting interim ambassador in Buenos Aires Kevin Sullivan’s intentions with the note.
Wednesday, October 1st 2014 - 07:15 UTC
US embassy releases scathing report on crime in Argentina

Amid an ongoing dispute between the Argentine government and the US judiciary over the legal battle with holdout creditors, the US Embassy in Buenos Aires has issued a warning message for US citizens living in Argentina or about to travel to the country.
Wednesday, October 1st 2014 - 07:10 UTC
In Buenos Aires City, 275.000 people live in shantytowns, says human rights report

The population in Buenos Aires’ City shantytowns increased to 275,000 from 163,000 people during the last four years while City Hall’s budget for social housing fell to 2.1% this year, the City’s Human Rights Observatory (ODH) reported.
Wednesday, October 1st 2014 - 07:05 UTC
China's reiterates support for Argentina in sovereign debt and Malvinas issues

Beijing's new ambassador before the Argentine government underlined the excellent relations between the two countries and reiterated China's support to Argentina in the issue of sovereign debt and claims over the Falklands/Malvinas Islands.
Wednesday, October 1st 2014 - 07:00 UTC
UEFA member Gibraltar will appeal FIFA decision rejecting its incorporation

Gibraltar's football association has announced it will appeal to the Court of Arbitration for Sport after FIFA rejected its bid to become a member. FIFA president Sepp Blatter said the “FA of Gibraltar cannot be accepted as a member of FIFA” because it contravened the world governing body's statutes regarding independent territories.