Argentina

• Wednesday, August 1st 2012 - 11:48 UTC

  Argentine construction activity slows down for third month running

  

  Argentine construction activity in Argentina during June dropped for the third consecutive month compared to a year ago. The drop was 1.5% according to the Construction Activity Synthetic Index (ISAC) from the country’s stats office, Indec.

• Wednesday, August 1st 2012 - 08:08 UTC

  Dilma welcomes President Chavez to the world’s fifth economy

  

  Brazilian president DIlma Rousseff said that with the incorporation of Venezuela, Mercosur has become a global power in food and energy and becomes the fifth world economy with a GDP of 3.3tn dollars.

• Wednesday, August 1st 2012 - 07:46 UTC

  Argentina/Venezuela sign strategic cooperation agreement to boost energy

  

  After attending the Mercosur extraordinary meeting in Brasilia, President Cristina Fernández and her Venezuelan counterpart, Hugo Chávez, signed a cooperation agreement to develop a strategic energy plan between state oil companies YPF and PDVSA.

• Wednesday, August 1st 2012 - 07:29 UTC

  Argentina will formally protest vandalism at the Darwin cemetery in Falklands

  

  Argentina repudiated the ‘profanation’ of the hermitage at the Darwin cemetery in the Falklands/Malvinas Islands, which holds the graves of Argentine combatants who lost their lives during the 1982 conflict.

• Wednesday, August 1st 2012 - 05:20 UTC

  Argentina: controversy over jailed prisoners taken to participate in “cultural activities”

  

  A controversy erupted in Argentina following confirmed claims that the government of President Cristina Fernandez appeals to convicted prisoners in support of public presentations and political rallies under cover of cultural activities.

• Tuesday, July 31st 2012 - 23:19 UTC

  With Venezuela Mercosur has become “a new pole of world power”

  

  Argentine President Cristina Fernández said on Tuesday during a press conference held at the Mercosur extraordinary summit in Brasilia, that Venezuela’s entry to the bloc “strengthens the entire region” and creates a “new pole of power” at world level.

• Tuesday, July 31st 2012 - 07:42 UTC

  Not without controversy Venezuela becomes Mercosur fifth full member

  

  Following a full day of deliberations in Brasilia between Foreign Affairs ministers, the presidents from Brazil, Argentina and Uruguay, on Tuesday will formally receive Venezuela as the new full member of Mercosur, as was agreed at the regular mid year summit in Mendoza.

• Tuesday, July 31st 2012 - 04:04 UTC

  Cristina Fernandez prepares another ‘independence day’ celebration next Friday

  

  Argentina is ready to cancel next Friday a bond issue which was handed out to residents with bank deposits victims of the so called “corralito” (paddock) in 2002 when the collapse of the Argentine economy and financial system.

• Tuesday, July 31st 2012 - 01:19 UTC

  Chavez after an energy alliance with Argentina and Brazil in the framework of Mercosur

  

  Venezuelan president Hugo Chavez announced he expected to sign an oil/gas alliance between Argentina’s YPF and PDVSA (Venezuelan Petroleum) when he meets with his peer Cristina Fernandez in Brasilia in the framework of the Mercosur extraordinary summit to officially incorporate the country as full member of the trade group.

• Monday, July 30th 2012 - 21:39 UTC

  Cristina Fernandez “wonder boy” saves in dollars and has property in Uruguay

  

  Argentina’s Cristina Fernandez “wonder boy” seems to be missing on his homework. According to the Argentine media Economy Deputy Minister Axel Kicillof not only has his savings in US dollars but owns real estate in Uruguay, which Argentina considers an overseas fiscal paradise.