Argentina

• Wednesday, May 9th 2012 - 08:24 UTC

  CFK says nationalization is not rooted in ideology or populism, but disastrous private management

  

  Argentine President Cristina Fernández vindicated on Tuesday the nationalization of public services and said that all decisions made “are not rooted in ideology or populist decisions. It’s the disaster caused by the concessionary companies that forces us to intervene”.

• Wednesday, May 9th 2012 - 08:21 UTC

  Argentine Vice President, in Washington, invited US oil companies to invest in YPF

  

  Argentine Vice President Amado Boudou on Tuesday urged US companies to invest in YPF, the nationalized oil company that Argentina recently expropriated from Spain's Repsol.

• Wednesday, May 9th 2012 - 08:15 UTC

  Brazil ready to boost trade with Argentina but demands “compromise” on lowering barriers

  

  The potential to treble imports from Argentina in a few years was underlined by Brazilian manufacturers but there must be a “compromise of reciprocity” to lower trade barriers since currently “we known they are higher on the Argentine side”.

• Wednesday, May 9th 2012 - 08:07 UTC

  Argentina, the outcast

  

  By Luis Felipe Lampreia (*) - The following piece is a picture of recent events in Argentina from a historic reference and enumerates the obstacles the country faces in developing its own hydrocarbons following the seizure of YPF from Spain’s Repsol

• Wednesday, May 9th 2012 - 08:01 UTC

  Spanish bank forecasts average growth of 4% for Argentina and the region in 2012

  

  The Argentine economy is set to grow 4% this year in line with the rest of the countries of the region according to a report, “Global Situation” from the Spanish-Argentine bank BBVA-Francés.

• Wednesday, May 9th 2012 - 07:39 UTC

  Argentina slaps huge fine on Spanish mobile phone service

  

  Argentina has fined Telefonica 43 million dollars for a mobile phone service interruption last month, which threatens to further exacerbate tensions between the two countries.

• Wednesday, May 9th 2012 - 02:32 UTC

  Malvinas/Olympic ad Argentine hockey player left out of Games warm-up in Malaysia

  

  The Argentine hockey player filmed training on the Falkland Islands in a controversial video that caused a furor in Britain last week has been dropped from Argentina’s final Olympic Games warm-up event.

• Tuesday, May 8th 2012 - 17:46 UTC

  Argentine Olympic Committee releases watered down statement on Malvinas spot

  

  The Argentine Olympic Committee has responded for the first time to an advertisement on state-run TV that links a dispute with Britain about the Falklands/Malvinas Islands to the London Games.

• Tuesday, May 8th 2012 - 06:23 UTC

  Galuccio wants YPF as the leading company in rejuvenation of marginal fields

  

  Argentina’s nationalized oil and gas corporation YPF newly appointed General Manager Miguel Galuccio hosted on Monday his first official meeting addressing an auditorium of 200 workers at the Comodoro Rivadavia plant where he announced that the strategic plan of the company will be ready in the next 100 days.

• Tuesday, May 8th 2012 - 06:21 UTC

  Banks will wait for YPF to name new board of directors before taking action

  

  The banks that helped Argentina's Petersen Group buy a stake in energy company YPF will give the group extra time to make a loan payment due this month, according to sources involved in the negotiations.