Argentina

• Thursday, January 19th 2012 - 06:00 UTC

  Trade balance with Argentina is ‘definitively positive’ says Uruguayan minister

  

  Uruguayan Foreign Minister Luis Almagro said that the trade balance between Uruguay and Argentina is “definitely positive” although admitting some manufacturing sectors face difficulties because of the current Argentine obstructions to imports.

• Thursday, January 19th 2012 - 03:52 UTC

  Argentine government calls on unions and businesses to act with “responsibility”

  

  Argentine acting President, Vice-President Amado Boudou called on businessmen and union workers to act with “responsibility” in direct reference to the upcoming round of wage negotiations that will be held later this year and unions have anticipated will have to be referred to workers “pocket” inflation.

• Wednesday, January 18th 2012 - 23:35 UTC

  Timerman and Randazzo lash back at Cameron over Falklands’ dispute

  

  Argentine Foreign Minister Héctor Timerman echoed the statements made by UK’s Prime Minister David Cameron in which he accused Argentina of “colonialism,” and counter attacked by saying that “it catches one’s attention to hear such statements when Great Britain and Colonialism are synonymous.”

• Wednesday, January 18th 2012 - 17:02 UTC

  Argentina prepares list of capital goods subject to higher import tariffs

  

  The Argentine government has began a round of consultations with the manufacturing sector to determine which capital goods from non Mercosur members can be listed for a higher common external tariff as was recently agreed by the trade block.

• Wednesday, January 18th 2012 - 16:14 UTC

  Cameron accuses Argentina of ‘colonialism’ and reiterates protection of Falklands

  

  British Prime Minister David Cameron has accused Argentina of “colonialism” over the country's claim to the Falkland Islands. Speaking at Prime Minister's Questions in the Commons, Cameron vowed to protect the Islands' population and allow them to decide their own future.

• Wednesday, January 18th 2012 - 05:12 UTC

  Drought emergency in central Argentina and Paraguay but no sufficient rains on sight

  

  Argentine corn and soy farms will suffer from hot weather and scant rains for the rest of this week, forecasters said on Tuesday, increasing worries that crop losses will eat into global supplies.

• Wednesday, January 18th 2012 - 05:06 UTC

  Argentina wins US appeal against ruling awarding compensation to British Gas

  

  Argentina won a US appeals court decision throwing out a 185 million dollar award to the UK BG Group Plc, which claimed the country’s freeze on natural gas prices caused the bankruptcy of a local gas distributor it controlled.

• Wednesday, January 18th 2012 - 03:13 UTC

  Argentine defaulted bonds dispute reaches the US Supreme Court

  

  The US Supreme Court has asked President Barack Obama's administration for its views of a ruling that unfroze 105 million dollars of Argentina's central bank deposits in a setback for two US investment funds that sought to seize the money to satisfy their claims from Argentina’s debt default a decade ago.

• Tuesday, January 17th 2012 - 06:41 UTC

  Argentine government and Moyano try to set ground rules for future relationship

  

  In another round of the ongoing battle between the Argentina government and the leader of organized labour Hugo Moyano, Interior Minister Florencio Randazzo stated that “if the union leaders are really representatives of the working class, there is no possibility of a divorce between the CGT Labour Confederation and the national government”.

• Tuesday, January 17th 2012 - 06:38 UTC

  Volcanic ashes again isolate Argentine ski and summer resort causing massive losses

  

  The presence of a cloud of ash caused by a volcano in Chile has again closed an airport in neighbouring Argentina just days after it had re-opened anticipating massive losses for the tourism and the resort’s finances.