Argentina’s most populous province is preparing a return to international bond markets to benefit from the lowest borrowing costs in two years. Buenos Aires province hired Bank of America and Deutsche Bank AG to arrange investor meetings in Europe and the US as it plans to sell 500 million US dollars in debt.
Alleged Chilean terrorist Sergio Galvarino Apablaza is to remain free while the Argentine government decides whether or not he will be extradited to Chile or if he will be granted political asylum.
A Spanish flagged trawler that operates in Falkland Islands waters and was heading to Montevideo to unload 700 tons of fish was denied “innocent pass” through Argentine waters and had to steam an additional 17 hours at a cost of 7.000 litres of fuel.
HMS Gloucester, the Royal Navy South Atlantic patrol was banned from entering Montevideo for supplies and fuel, just a few hours before docking and in spite of having been authorized several days before to call in at Uruguay’s capital port.
Argentine President Cristina Fernández de Kirchner is expected in New York Wednesday to meet an intensive agenda that includes addressing the UN General Assembly next Friday when a strong call for Falklands/Malvinas negotiations is expected.
Every day it becomes more difficult for the UK to justify before the international community why it looks down on United Nations General Assembly resolutions, said the Argentine ambassador before the UN in direct reference to the Falklands/Malvinas sovereignty dispute.
Argentina’s GDP expanded 9.4% in the first half of the year compared with the same period in 2009, according to the latest release from the country’s Statistics Institute, Indec. But inflation is becoming a greater challenge as the country moves into presidential electoral year 2011.
After a lack of agreement in Chile over the extradition of ex guerrilla member Sergio Apablaza, Argentina President Cristina Fernández de Kirchner said that the meeting held with President Sebastián Piñera was an “excellent” one, during declarations made to seemingly minimize the situation.
CNOOC, Ltd, China’s biggest offshore oil explorer, may bid 10.2 billion USD for BPs 60% stake in Argentina’s Pan American Energy LLC and will probably seek a partner in the acquisition, Citigroup Inc. said.
Argentina and South Korea signed on Thursday a memorandum of understanding (MOU) for bilateral collaboration in the nuclear sector. The MOU sets forth that the two nations will discuss concrete cooperation plans to build a new nuclear plant in Argentina and to repair the country's existing heavy water reactors.