Argentina

• Saturday, July 2nd 2011 - 05:50 UTC

  “Cooling the economy or appreciating the currency” backfire for developing countries

  

  Central bank president Mercedes Marcó del Pont defended on Friday Argentina’s current economic policies, particularly efforts to address the international crisis arguing that “cooling the economy or letting the currency appreciate only aggravates the crisis”.

• Saturday, July 2nd 2011 - 05:38 UTC

  Bolivia apologizes to Argentine Jewish community for inviting Iranian official

  

  Bolivian president Evo Morales apologized to the Argentine Jewish community for having received on an official visit the Iranian Defence minister Ahmad Vahido, who is wanted by the Argentine justice system for his alleged involvement in the 1994 anti-Semite attack in Buenos Aires.

• Friday, July 1st 2011 - 13:04 UTC

  Renault plans to increase car production in Argentina by 60%

  

  French auto maker Renault has plans to invest 400 million Pesos (100 million US dollars) to produce a new model geared towards the Mercosur market, Argentina's industry minister Debora Giorgi announced this week.

• Friday, July 1st 2011 - 07:04 UTC

  Setback for Argentina in New York court defaulted sovereign bonds case

  

  Argentina suffered a setback over its US$100 billion debt default in 2002 when New York's highest court said the country should keep paying interest on some bonds even after they mature or investors demand their principal back early.

• Friday, July 1st 2011 - 06:59 UTC

  Qatargas will provide Argentina with LNG on a 20 year supply agreement

  

  Qatar’s leading corporation Qatargas has signed an agreement with Argentina’s government owned oil and gas company, ENARSA for the long-term supply of liquefied natural gas (LNG).

• Friday, July 1st 2011 - 01:45 UTC

  Argentina votes compensation for victims of attack on Israeli embassy in Buenos Aires

  

  Relatives of victims of the 1992 attack on the Israeli Embassy in Buenos Aires will receive compensation from Argentina.

• Thursday, June 30th 2011 - 06:53 UTC

  Trade problems between Brazil and Argentina ‘persist’, but can be managed

  

  Trade problems between Mercosur two main partners ‘subsist’, but both sides are optimistic that they can be solved. The revelation in the framework of the Mercosur summit follows weeks of discussions and paralyzing trade, sometimes for weeks at the borders.

• Thursday, June 30th 2011 - 06:50 UTC

  Alleged hackers’ attack cancels Argentine senate debate on digital duties

  

  The Argentine Senate had to cancel a debate scheduled for Wednesday to discuss digital duties following an alleged hackers attack. The bill looks to apply a new tax to the manufacturing of digital media players, whose earnings would go to writers and music composers.

• Wednesday, June 29th 2011 - 06:35 UTC

  Argentine election fever: minister accuses UK of keeping hostage “2000 Falklands’ Islanders”

  

  In the midst of Argentina’s campaign for the October presidential election, Defence minister Arturo Puricelli accused the UK of using military force to keep “the Falkland Islanders as hostages” and said Argentina won’t fall prey of “militaristic” provocations.

• Wednesday, June 29th 2011 - 06:31 UTC

  Mrs Kirchner changed dancing partners, but organized labour is not happy

  

  Argentina’s organized labour, picket organizations and social groups that have played a crucial role in support of the two Kirchner presidencies (2003/2011) are discontent, and growingly vocal, about their disappointment with President Cristina Fernandez lists of candidates to legislative and provincial posts in the coming October general election.