Argentina

• Monday, August 23rd 2010 - 04:47 UTC

  Kirchner couple actions plan to control Clarin and La Nacion newsprint mill

  

  Argentina’s two main newspapers, Clarin and La Nacion claim the government of President Cristina Kirchner has a plan to eliminate their stakes at the country’s largest newsprint mill.

• Sunday, August 22nd 2010 - 04:28 UTC

  Shell defies in court Argentine government ban on fuel increases

  

  Royal Dutch Shell which refines about 15% of Argentina’s fuel is waging a court battle against a government ban that prevents fuel producers from increasing prices. Shell’s federal court complaint was filed last week following a government order on August 18 mandating oil companies to lower fuel prices to a pre-August 1 level.

• Sunday, August 22nd 2010 - 03:05 UTC

  The Economist on Argentina's economy: happy-go-lucky Cristina

  

  Earlier this year, Cristina Fernández de Kirchner, Argentina’s president, proffered some advice to European governments facing recession and market panic. Its essence was “stuff the IMF and carry on spending.” It is what she and her predecessor and husband, Néstor Kirchner, have practiced since 2003. Argentina is one of only a handful of countries that refuse all dealings with the IMF. Almost a decade after it defaulted on $90 billion of debt when its economy collapsed, it still has few financial ties with the world and very little bank credit. Yet contrary to repeated forecasts of doom from orthodox economists, the economy is roaring.

• Saturday, August 21st 2010 - 14:34 UTC

  Argentine economy expanding at 9% with strong activity in all sectors

  

  Argentine economic activity surged 11.1% in June over a year ago which means GDP in the first seven months of 2010 expanded 9%, according to figures released by the country’s National Statistics Institute, Indec.

• Saturday, August 21st 2010 - 13:44 UTC

  Argentine farmers demand regulations limiting foreign ownership of land

  

  The number of land in the hands of foreigners in Argentina has almost tripled in the last 10 years, a phenomenon that is spreading to areas that are rich in natural resources and that is affecting small towns that are finding themselves enclosed within the domains of large landholders.

• Friday, August 20th 2010 - 02:53 UTC

  Twelve months inflation expectations in Argentina steady at 25%

  

  Argentines expect prices to rise 25% over the next twelve months, according to the median estimate in a monthly survey by Buenos Aires-based Torcuato Di Tella University. Expectations in August remained unchanged from last month’s report, the university said in an e-mailed report.

• Friday, August 20th 2010 - 02:41 UTC

  Argentina shuts down Internet service provided by the Clarin media group

  

  Argentina’s government shut down the Internet service provided by Grupo Clarín SA Fibertel unit, saying the company’s merger with Cablevision SA was illegal. The move is the latest in a fight between the media group Clarin and President Cristina Fernandez de Kirchner.

• Thursday, August 19th 2010 - 02:57 UTC

  Argentine economic activity expands 11.1% in June over a year ago

  

  Argentina’s economic activity expanded 11.1% last June compared to the same month a year ago, anticipated President Cristina Fernandez de Kirchner during the celebration of the 126th anniversary of the Rosario Chamber of Commerce.

• Wednesday, August 18th 2010 - 05:16 UTC

  Argentine Catholic Church reiterates “concern” with insecurity increase

  

  The Catholic Church again expressed “concern” about the increase in crime and insecurity during the opening of the 156th Episcopate Permanent Committee Summit presided by Cardinal Jorge Bergoglio.

• Tuesday, August 17th 2010 - 09:26 UTC

  Cristina has better image, but husband Nestor, “next presidential candidate”

  

  Argentine president Cristina Kirchner has a better image but most interviews believe her husband Nestor Kirchner will finally be the incumbent presidential candidate in 2011, according to a public opinion poll undertaken by Poliarquía for Buenos Aires daily La Nación.