Argentina

• Friday, May 25th 2012 - 07:01 UTC

  Three former presidents admit Mercosur has failed and has Uruguay ‘trapped’

  

  Three former Uruguayan presidents recommended the current administration that without abandoning Mercosur, it should look at major trade blocks associations but at the same time a strong self criticism is needed because maybe the problem is not in Mercosur but in Uruguay.

• Friday, May 25th 2012 - 06:56 UTC

  Argentina extends dollar purchase control to residents travelling abroad

  

  Argentina announced on Thursday the use of a new computer tool to gather information from buyers of holiday packages from travel agencies, in another attempt to control savers thirst for greenbacks after the government's crackdown on access to dollars.

• Friday, May 25th 2012 - 06:51 UTC

  Argentina revokes commuter railway concession involved in crash that killed 51m and injured 700

  

  Argentina's government on Thursday revoked the commuter railway concession for a company whose train crashed in February, killing 51 people and injuring 703.

• Friday, May 25th 2012 - 01:21 UTC

  Argentina attacks WTO and US on trade issues at OECD ministerial round

  

  In an offensive to counter recent attacks on Argentina’s restrictive trade policies, Foreign Minister Hector Timerman expressed at the World Trade Organization, WTO, his government’s concern with the current course of global negotiations which face the serious risk of abandoning the development goals agreed when the launching of the current Doha Round of negotiations back in 2001.

• Thursday, May 24th 2012 - 05:35 UTC

  “Blue” dollar in Argentina reaches 6.15 Pesos; 36% gap over official exchange

  

  Wednesday was another day of intense trading for the money exchange market in Buenos Aires with the “blue” or black market dollar reaching a new record, 6.15 Argentine Pesos, which for the first time was higher than the system used for getting dollars out of the country.

• Thursday, May 24th 2012 - 05:15 UTC

  Falklands’ lawmaker accuses Argentina of “indiscriminate and uncontrolled” fishing

  

  A member of the Falkland Islands elected Legislative Assembly criticized Argentina for “indiscriminate and uncontrolled” fishing and regretted the lack of cooperation in the conservation of South Atlantic fisheries.

• Thursday, May 24th 2012 - 05:03 UTC

  Spain now tells Argentina “YPF is no more than a bump” in a long shared history

  

  Spanish Foreign Minister José Manuel García-Margallo adopted on Wednesday a conciliatory tone towards Argentina for the first time after the YPF seizure by saying Argentina and Spain should hold “kindred nation” talks.

• Wednesday, May 23rd 2012 - 18:50 UTC

  Following the Falklands’ ad incident Britain/Argentina at the opening hockey match in London

  

  Britain’s men’s hockey team will play their opening match of the London Olympics against Argentina at 1900 BST on 30 July, one of whose players caused a controversy this month with a video filmed in the disputed Falklands/Malvinas islands.

• Wednesday, May 23rd 2012 - 06:56 UTC

  The US dollar stronger than the Euro in Argentina’s parallel market

  

  For the second day running the Argentine Peso weakened against the US dollar climbing half a cent from Monday and closing at 4.43 and 4.48 on the local foreign exchange market.

• Wednesday, May 23rd 2012 - 06:28 UTC

  Ambassador Castro embroiled in controversy over Falklands and “possible constitutional reform”

  

  Argentine ambassador in UK Alicia Castro rejects having mentioned during a conference in London the “possibility of a constitutional reform” to incorporate the results in the event of a sovereignty negotiation over the disputed Falklands/Malvinas Islands.