Argentina

• Tuesday, May 24th 2011 - 06:08 UTC

  Chile and Argentina probe alleged bribe case involving Lan and President Piñera

  

  Chilean prosecutors have opened an investigation into an alleged bribe paid to a former Argentine minister by Chile’s flag carrier Lan sometime in 2006/2007 to help with the opening of operations in Argentina. At the time Chilean president Sebastián Piñera was the main share holder of the airline.

• Tuesday, May 24th 2011 - 02:54 UTC

  Reutemann says CFK will seek re-election and downplays clashes with organized labour

  

  A leading and respected Argentine Senator forecasted he is certain that President Cristina Fernández de Kirchner will be seeking re-election in the October presidential elections, and assured that her recent clash with the organized labour CGT unions’ umbrella are “nothing but mere disagreements.”

• Tuesday, May 24th 2011 - 00:48 UTC

  Argentina auto industry vows export surplus in 2012 after a 6 billion USD deficit in 2010

  

  Ford Motor Argentina is the latest carmaker to sign an agreement with the government to boost exports to compensate for increased imports. Ford has vowed to boost its export surplus to 90 million USD by 2012, the Economy ministry said in a press release Monday. That follows a deficit of 250 million USD in 2010.

• Tuesday, May 24th 2011 - 00:46 UTC

  Argentina’s April trade surplus suffers significant contraction on soaring imports

  

  Argentina's trade surplus narrowed 38% in April compared to a year ago with imports increasing far more swiftly than exports, official data showed on Monday.

• Monday, May 23rd 2011 - 06:16 UTC

  France wants to combat commodities volatility, not limit prices

  

  The best way to cool soaring food prices is to boost output, the Argentine government said, following talks on a French proposal for increased regulation of commodity markets in the framework of a G20 meeting in Buenos Aires.

• Monday, May 23rd 2011 - 01:04 UTC

  Violent riots in Argentine port on rumours two vessels were involved in Falklands oil exploration

  

  Two Norwegian flagged vessels contracted in support of Argentina’s YPF oil rigs in the South Atlantic but which rumours had them working for the Falkland Islands, triggered major rioting and protests Friday and early Saturday in the city of La Plata.

• Monday, May 23rd 2011 - 00:09 UTC

  Argentina and Chile organize winter land SAR operation in Antarctica

  

  Argentina and Chile Antarctic organizations are planning this year’s edition of the Search and Rescue training operation which is scheduled to take place sometime between August and September in the Antarctic Peninsula

• Monday, May 23rd 2011 - 00:01 UTC

  Maradona to coach Dubai team and puts Arab football on global spotlight

  

  Diego Maradona will become the second highest paid coach in world football when he formally takes over as manager of UAE Pro League side Al Wasl next month.

• Sunday, May 22nd 2011 - 13:26 UTC

  Argentine economic activity expands 7.8% in March over a year ago

  

  Economic activity in Argentina expanded 7.8% in March compared to the same month a year ago and 0.5% over February, according to the provisional percentages from the government’s National Statistics Institute, INE.

• Sunday, May 22nd 2011 - 12:40 UTC

  Rousseff’s main advisor describes Brazil/Argentina relations as “fine”

  

  Brazilian president Dilma Rousseff's international affairs advisor Marco Aurélio García lowered the tone of the trade conflict with Argentina and said that the relationship between both countries “is fine” despite the trade barriers that Brazil imposed on the import of Argentine cars.