Argentina

Saturday, June 25th 2011 - 07:54 UTC
Argentina’s economic activity soars 9.1% in first four months, says Indec

Argentina’s economic activity level increased 9.1% in the first four months of the year compared to the same period of 2010 fuelled by domestic consumption, manufacturing and international trade, according to the country’s Statistics and Census Office, Indec.
Saturday, June 25th 2011 - 07:40 UTC
Argentina not to be sanctioned over money laundering, says FATF

The Financial Action Task Force (FATF) announced it will not sanction Argentina over money laundering and “admitted the political commitment and the progress achieved by the country, specially the great advances it made in the regulations after the approval of the law to fight the money laundering, and the recommendations given in order to continue improving the system.”
Saturday, June 25th 2011 - 07:28 UTC
Clarin group heirs give DNA blood samples to quell suspicions about their biological origin

The adopted children of one of one of the wealthiest women in Argentina came forward to give blood and saliva samples Friday, hoping to quell suspicions they were stolen as babies from murdered political prisoners during military rule.
Saturday, June 25th 2011 - 07:24 UTC
Leading Argentine incumbent Vice-president hopeful steps down

A leading candidate to become Argentine President Cristina Fernández de Kirchner’s running mate in the October presidential elections has been discarded following his decision to run for re-election as governor of his province.
Friday, June 24th 2011 - 21:50 UTC
Mercosur summit in Paraguay; Uruguay takes the chair for the next 6 months

Presidents from Brazil, Argentina, Uruguay and Ecuador have confirmed they will be attending the Mercosur summit in Paraguay next June 28/29, when the rotating chair of the group for the next six months will pass on to Uruguay.
Friday, June 24th 2011 - 20:15 UTC
Krugman: “when Argentina tried to act as a serious country, it was “a disaster”

Nobel Prize winner Paul Krugman took to his blog in the New York Times to say he didn’t see how Argentina’s default could be seen as a cautionary tale for Greece, and questioned a local economist who assured Argentina was not considered “a serious country.”
Friday, June 24th 2011 - 19:46 UTC
Potassium mining project that could make Argentina top exporter is suspended

The government of the Argentine province of Mendoza is studying documents presented by Vale that could allow the Brazilian miner to continue with a 4.6 billion US dollars potassium project, said an official in Mendoza.
Friday, June 24th 2011 - 19:08 UTC
Argentina’s trade surplus in May rose 29%; imports soared 39%

Argentina's trade surplus in May rose 29% from the previous month, thanks to high prices for the country's exports of grains and manufactured goods, the national statistics agency said Thursday.
Thursday, June 23rd 2011 - 22:49 UTC
Former IMF head admits to made many silly mistakes and errors with Argentina

Former managing director of the IMF, Michel Camdessus admitted Thursday in Buenos Aires that during his time working for the organization, they 'made many mistakes with Argentina,' particularly highlighting the 90s.
Thursday, June 23rd 2011 - 21:31 UTC
Brazilian president ‘votes’ for Cristina Fernandez and anticipates re-election

Brazilian president Dilma Rousseff said she is convinced of her Argentine peer Cristina Fernandez de Kirchner re-election victory next October 23. Argentina is Brazil’s main associate in Mercosur and third trade partner.