Argentina

• Friday, June 8th 2012 - 21:06 UTC

  Fitch downgrades Repsol rating to BBB- on fears of YPF seizure impact

  

  Repsol, the Spanish oil producer whose Argentine unit YPF was nationalized in April, was cut to the lowest investment grade by Fitch Ratings, the first downgrade since reducing dividends to shore up its finances.

• Friday, June 8th 2012 - 19:42 UTC

  Browne turns down Timerman invitation to discuss Falklands next week in Buenos Aires

  

  UK Foreign Office Minister Jeremy Browne turned down on Friday an invitation sent by Argentine Foreign Minister Héctor Timerman to visit Argentina. Timerman had hoped to meet with the UK government official in Buenos Aires when Browne makes his trip to the Falkland Islands next week.

• Friday, June 8th 2012 - 02:59 UTC

  Argentine striking farmers take to the roads; government rejects negotiations

  

  The Argentine Government warned that it has “no plans” to change the farming sector's agenda, therefore will not meet with members of the Liaison Board amid a national strike that began on Wednesday to protest against the property tax hikes in the Buenos Aires province.

• Thursday, June 7th 2012 - 22:27 UTC

  Fiji anticipates support for the C24 resolution on Falklands/Malvinas

  

  Fiji will continue to be part of the consensus in support of the UN Decolonization Committee resolution regarding the Falklands/Malvinas dispute, anticipated the Pacific islands Foreign Affairs minister following a meeting with the non-resident Argentine Ambassador to Fiji, H.E. Pedro Villagra Delgado.

• Thursday, June 7th 2012 - 22:21 UTC

  New Zealanders “misinformed” about Malvinas war says Argentine ambassador

  

  New Zealanders have been misinformed about the battle for the Falkland Islands between Great Britain and Argentina in 1982, the South American country's ambassador to New Zealand has told an audience in Palmerston North.

• Thursday, June 7th 2012 - 21:20 UTC

  UK blasts Argentina’s “domineering position” and attempt to impose a blockade on the Falklands

  

  Argentina is trying to impose an “economic blockade” on the Falkland Islands, said Foreign Office Minister Jeremy Browne who made plain clear that the people of the Falklands are free to determine their own political arrangements and were not to be part of ”some sort of trade-off” over their heads.

• Thursday, June 7th 2012 - 06:29 UTC

  Argentine president attendance at C24 to discuss Falklands’ case, “misfortunate” and “most unusual”

  

  The UK regretted as ‘misfortunate” and “strange” the announced attendance of Argentine president Cristina Fernandez next week to the UN Decolonisation Committee to claim sovereignty over the Falklands/Malvinas Islands.

• Thursday, June 7th 2012 - 05:34 UTC

  CFK Malvinas presentation before C24 divides Argentine opposition

  

  President Cristina Fernandez has yet to fulfil her wish to have the whole Argentine opposition represented next to her when she addresses the UN Decolonization Committee claiming sovereignty over the disputed Falklands/Malvinas Islands next week.

• Wednesday, June 6th 2012 - 23:35 UTC

  Argentina moving closer to recession according to latest indicators

  

  Strong symptoms of a slowdown of the Argentine economy, possibly leading to recession, have been confirmed by Torcuato Di Tella University's, UTDT, closely watched leading indicators.

• Wednesday, June 6th 2012 - 23:03 UTC

  Argentina: higher tariffs on capital goods, soft loans for industry and fiscal bonus

  

  Argentine President Cristina Fernandez announced higher tariffs for capital goods and the extension until the end of the year of the “fiscal bonus” with the purpose of “sustaining current countercyclical policies” given the international economic crisis.