Brazil reiterated its support for Argentina’s Malvinas Islands sovereignty claim and insisted that solving the controversy with the UK is ‘most important’ for South America’s stability. It also pointed out that it’s not correct to talk about “a blockade”.
Argentina condemned the announcement of the arrival of state of the art HMS Dauntless, a British warship, to the Falklands/Malvinas Islands and urged the UK to “avoid falling in the temptation of engaging in discourse that transforms patriotism in bullying patriotism.”
The Canadian Osisko mining corporation has suspended a gold mining project in Argentina after protests by locals. Osisko said on Tuesday it would put its operation in north-western La Rioja province on hold if it did not get the backing of the local population which has been protesting for weeks.
European Union ambassador in Buenos Aires Alfonso Diez Torres said that the Falklands/Malvinas issue does not figure in the foreign affairs agenda of the EU, it’s a bilateral issue and he does not see any reason to amend the Lisbon treaty to exclude the disputed South Atlantic Islands as demanded by Argentina.
The Uruguayan industrial sector warned that certain members of the Mercosur “are failing to fulfil their obligations” and targeted Argentina directly by pointing out that the new trade regulations set by the local Government “are hurting production” in the neighbouring country.
The Argentine government as was anticipated by organized labour woke on Monday to the first day of a week of conflicts over salary and work conditions, taking as the leading case for the struggle the Argentine post office and its distribution fleet.
The grounding of two bulk carriers one in the Parana River and a second in the Martin Garcia access canal are evidence of the frail fluvial communications system between the River Plate and the Atlantic, reports the press from the port of Rosario, Argentina’s second largest city and among the world’s main grain export terminals.
Argentine authorities suspended Canadian firm Osisko’s open-pit gold mining project in the north-western province of La Rioja amid grassroots protests and considerations of a possible referendum on the whole project.
YPF SA shares fell the most in 20 months after newspaper Pagina/12 said Argentine officials discussed a takeover of the country’s biggest oil producer, following a controversy with the oil industry over alleged fuel-price fixing and lack of investment which doubled the country’s fuel imports bill to 9.4 billion dollars in 2011.
Argentine industrial production is expected to expand 6% to 7% this year, Industry Minister Debora Giorgi said in a statement Sunday. That would put industrial growth inline with 2011, when it rose 6.5%, according to the national statistics agency, Indec.