Argentina

• Friday, July 8th 2011 - 02:48 UTC

  Argentine economy, “a frying pan with boiling oil” says IMF top official

  

  The head of the IMF Western Hemisphere Department Nicolas Eyzaguirre described the Argentine economy as “a frying pan with boiling oil”, in direct reference to a possible overheating as was recently warned by The Economist.

• Thursday, July 7th 2011 - 07:11 UTC

  UK Supreme Court rules against Argentina in defaulted sovereign bonds case

  

  A hedge fund owner of defaulted Argentine debt can try to seize government assets held in Britain as it seeks to recover the full face value of the bonds, Britain's Supreme Court said in a ruling on Wednesday.

• Wednesday, July 6th 2011 - 22:18 UTC

  In nine months “from chronically depressed puppet to head-slicing machine”

  

  From “chronically depressed puppet to a head-slicing machine” in just nine months is quite a record said ironically Argentine president Cristina Fernandez de Kirchner at Government House in a clear reply to growing party discontent with the electoral lists for next October presidential and legislative elections.

• Wednesday, July 6th 2011 - 05:45 UTC

  YPF first well drilled in the Malvinas basin proves “dry”

  

  YPF Argentina reported Tuesday that its first offshore well drilled in the so called Malvinas basin proved dry. The operation was equally shared with Brazil’s Petrobras and Pan American Energy, a Chinese-Argentine group.

• Tuesday, July 5th 2011 - 06:14 UTC

  Argentina announces aid for areas suffering from the volcanic ash cloud

  

  Argentine President Cristina Fernandez de Kirchner announced a package of measures to mitigate the effects of ash spewing from Chile's Puyehue volcano that has upended air travel, tourism and farming in Patagonia.

• Tuesday, July 5th 2011 - 05:49 UTC

  Argentina/Chile agree to jointly promote receptive tourism in far distant markets

  

  Argentina and Chile have reached an understanding to join efforts in promoting receptive tourism in far distant overseas markets. The document was signed last week by Chile’s Deputy Secretary for Tourism Jacqueline Plass and the Argentine Tourism minister Enrique Meyer at the Argentina embassy in Santiago de Chile.

• Tuesday, July 5th 2011 - 05:44 UTC

  Toyota Mercosur temporarily closing plants due to lack of parts

  

  Toyota, the world's biggest automaker said Monday it will temporarily halt work at factories in Brazil and Argentina due to the lack of parts from Japan after the massive March quake and tsunami.

• Tuesday, July 5th 2011 - 00:20 UTC

  Paraguay and Uruguay claim Argentina is obstructing regional power agreement

  

  Argentina is delaying the sale of Paraguayan power to the Uruguayan market (which must cross Argentine territory) for reasons ‘as least publicly’ unknown for both sides interested in the deal, according to the Uruguayan and Paraguayan press.

• Monday, July 4th 2011 - 04:38 UTC

  Tierra del Fuego governor re-elected in run-off; solid support for Cristina Fernandez

  

  Tierra del Fuego incumbent governor Fabiana Rios was re-elected on Sunday’s run-off with 50.2% of the vote beating Rosana Bertone who obtained 48.9%, according to the latest official results.

• Saturday, July 2nd 2011 - 06:06 UTC

  ”You can vote for Cristina with your pocket, heart or mind” says Boudou

  

  “You can vote for Cristina (Kirchner) with your pocket, your heart or with your mind” because the Argentine economy has advanced in all fields, said the country’s Economy minister and vice President candidate for next October election, Amado Boudou.