Argentina

Wednesday, September 12th 2012 - 19:28 UTC
Falklands’ capital expands south anticipating housing demand from oil developers

Anticipating a greater demand for housing from oil developers and support activities the Falkland Islands government is advancing plans to further expand Stanley. Additional funding to take in phase two of the Sapper Hill housing development to the south of Stanley has been approved by the Standing Finance Committee totalling £1.3 million for a further 27 housing plots.
Wednesday, September 12th 2012 - 15:28 UTC
Falklands’ individual average annual income totals £ 20.100, shows Census

The individual average annual income of the Falkland Islands residents totals £ 20.100 (approx 32.000 US dollars) according to data from the latest 2012 Census, which also showed an exceptionally high economic activity rate and a very tight labour market with just 1% unemployment and 20% of residents with a second job.
Wednesday, September 12th 2012 - 05:02 UTC
A front to counter Argentine presidential re-re-election attempts begins to take shape

Argentine main opposition groups, parties and unions, have been rallying in an attempt to counter the alleged intentions of the Cristina Fernandez administration to sponsor a constitutional reform that would enable her to bid for a third consecutive presidential mandate in 2015.
Wednesday, September 12th 2012 - 04:11 UTC
Following public uproar, the Timerman family will celebrate the marriage in Buenos Aires

Finally the Argentine Foreign Minister Hector Timerman family decided not to celebrate the marriage of their eldest daughter Jordana in Uruguay’s most exclusive resort but rather in Buenos Aires.
Tuesday, September 11th 2012 - 06:40 UTC
Despite the clamp, Timerman’s plans big ‘dollar splash’ next March in Uruguay

While most Argentines face increasing difficulties to access to US dollars, to travel overseas or use their debit and credit cards abroad, (the famous ‘dollar clamp’) one of President Cristina Fernandez most notorious and loquacious ministers, Hector Timerman is organizing a three-day major splash at Uruguay’s most posh resort to celebrate the marriage of his eldest daughter.
Tuesday, September 11th 2012 - 06:11 UTC
Cristina Fernandez targets Argentines going abroad to contain outflow of dollars

No end for the US dollar clamp in Argentina. According to the Buenos Aires media the government of President Cristina Fernandez is preparing a set of new measures to further limit Argentines from holding the US currency but also from spending abroad on tourism.
Tuesday, September 11th 2012 - 05:14 UTC
Argentine August ‘non-official’ inflation index marks 1.9% and 24.23% in twelve months

Argentina’s August inflation index based in the analysis of nine private agencies and released by Congressional members from the opposition climbed 1.9% against the previous month, the highest in the last four months.
Monday, September 10th 2012 - 05:29 UTC
In spite of God and Cristina, several Argentine governors teaming up as an option

Cordoba’s governor picked up the glove and replied to Argentine President Cristina Fernandez statements on God and fear arguing that God cannot be feared; I learned not to fear God or any other kind of governing body, however powerful they are”.
Monday, September 10th 2012 - 05:26 UTC
Argentine budget numbers ever so red in the seven months of 2012

The Argentine financial deficit soared to 13.5 billion Pesos in the first seven months of the year and could have reached 25.9bn Pesos had it not been for extraordinary resources from Social Security funds and the Central bank, according to the numbers published in the last release from the Central Bank.
Saturday, September 8th 2012 - 05:20 UTC
Argentina limits dollar trading for arriving tourists in ports and airports

The Argentine government is further tightening the US dollar clamp. On Thursday the Central bank announced that state-run banks and agencies will be the only ones officially allowed to operate foreign currency exchange offices in airports and ports.