Argentina

Wednesday, February 23rd 2011 - 06:50 UTC
US Supreme Court rejects Argentine appeal to unfreeze assets held in trust

The US Supreme Court on Tuesday rejected Argentina's appeal in its long-running legal effort to unfreeze some assets held in trust since 2007, following on its roughly 100 billion US dollars debt default five years earlier.
Wednesday, February 23rd 2011 - 06:45 UTC
Fourth quarter unemployment in Argentina down to 7.3%, says Indec

Argentina's unemployment rate fell to 7.3% in the fourth quarter of 2010, according to a Tuesday release from the country’s national statistics institute, Indec. Argentine President Cristina Fernandez de Kirchner had announced the number informally in a speech last week.
Tuesday, February 22nd 2011 - 07:00 UTC
Malvinas basin oil exploration scheduled to begin first half of 2011

Repsol-YPF plans to start deepwater exploration off the coast of Tierra del Fuego in the Malvinas basin are expected to begin before the end of the first half of 2011, according to company’s sources.
Tuesday, February 22nd 2011 - 06:58 UTC
Pan American Energy, --partly Chinese owned--, keeps expanding in Argentina

Argentina's Pan American Energy will sign a deal later this month to buy Exxon Mobil local downstream unit Esso, turning the company into a fully integrated oil and gas producer. Pan American Energy is a unit of Bridas Corp., which is jointly owned by Argentina's Bulgheroni family through Bridas Energy Holdings and China's Cnooc Ltd.
Tuesday, February 22nd 2011 - 06:42 UTC
Argentina has ignored Mercosur rules and is now harvesting the benefits

Even when Uruguay and Brazil are in the course of reaching understandings with Argentina regarding the latest trade restrictions to be implemented by President Cristina Fernandez de Kirchner administration, ‘which are not targeted against Mercosur members’, the Brazilian press presents another angle.
Tuesday, February 22nd 2011 - 04:18 UTC
Uruguay/Argentina working on ‘fast track’ to address trade differences

Uruguay and Argentina are discussing a ‘fast track’ mechanism that will allow Uruguayan exports to have quick access to the neighbour’s market thus avoiding the controversial trade restrictions recently announced by the administration of President Cristina Fernandez de Kirchner and which have surprised Mercosur partners.
Monday, February 21st 2011 - 07:16 UTC
Repsol-YPF contract UK flagged vessels for Malvinas basin exploration

Repsol-YPF planned exploration for hydrocarbons in the Malvinas basin, off Tierra del Fuego has suffered a major public relations setback following on the Buenos Aires press revelation that the two vessels contracted for the job not only are UK flagged but also have links with the current oil exploration round in Falkland Islands’ waters.
Monday, February 21st 2011 - 07:09 UTC
Argentina satisfied with G20 proposal to stimulate food production

Argentina is satisfied with the outcome of the G-20 ministerial meeting after the proposal to regulate commodities prices was turned down, particularly in the food chapter, and because it was agreed that the best way to address current tensions is to stimulate supply.
Saturday, February 19th 2011 - 16:36 UTC
Falklands/Malvinas controversy: “Minds closed, indeed”

The following article from Mr. Andres Cisneros is a reply to “Unilateral Facts II” (MP Feb. 12th) by Dr. Graham Pascoe and Peter Pepper. The first piece of this enriching exchange (Unilateral Facts) from Dr. Pascoe and Mr. Pepper was published in the BA Herald January 21st and a first reply from Mr. Cisneros (Unilateral Facts, indeed), Feb 6th in MP.
Saturday, February 19th 2011 - 06:17 UTC
US reveals content of the cargo from US Air Force plane seized by Argentina

The US State Department released a press statement detailing the content of the cargo seized by Argentine authorities in the US Air Force plane case, and said that despite a “discrepancy regarding the serial number of one of the weapons, the quantity and type of weapon was consistent with the official manifest” provided to Argentine officials.