Argentina

• Wednesday, February 3rd 2010 - 05:14 UTC

  Imminent start of oil drilling in Falklands triggers strong Argentine protest

  

  Argentina summoned the British ambassador in Buenos Aires to deliver a formal protest regarding the imminent beginning of a hydrocarbons exploratory drilling season off-shore the Falkland Islands.

• Tuesday, February 2nd 2010 - 13:01 UTC

  How far can Argentina’s Central bank’s 48 billion USD reserves be stretched?

  

  The dispute between Argentine president Cristina Fernandez de Kirchner and the governor of the Central Bank over who is entitled to use the international reserves triggered a legal and political battle that is ongoing.

• Tuesday, February 2nd 2010 - 12:51 UTC

  Argentina expects “flood of dollars” and lower rates by next March

  

  Argentina's currency may weaken against the US dollar in the next few weeks, but by March there will be a “flood of dollars” into the local economy, Economy Minister Amado Boudou was quoted in an interview in the Sunday edition of La Nacion.

• Monday, February 1st 2010 - 14:05 UTC

  With Redrado out of the way, Cobos is the next Kirchners’ target

  

  The institutional crisis facing Argentina remains open in spite of the resignation of the Central Bank president Martin Perez Redrado and is centred on whether the Executive can put its hands on the international reserves to pay sovereign debt.

• Monday, February 1st 2010 - 13:57 UTC

  Former president Kirchner involved in alleged money speculation operation

  

  Argentina’s former president Nestor Kirchner purchased two million US dollars just a few days after the collapse of Lehman Brothers in September 2008 which triggered the current world downturn and when the government of President Cristina Fernandez de Kirchner (his wife) was under extreme pressure to devalue the currency.

• Saturday, January 30th 2010 - 14:02 UTC

  Argentine chief banker resigns but foreign reserves remain frozen

  

  Argentina's embattled central bank chief, Martin Perez Redrado, resigned Friday amid a bitter dispute with President Cristina Kirchner over control of the bank’s foreign currency reserves.

• Saturday, January 30th 2010 - 13:43 UTC

  Argentine government admits official inflation statistics are controversial

  

  Argentina's government filed amended documents with the U.S. Securities and Exchange Commission related to its economy and upcoming debt swap. Argentina is in the process of reopening a 2005 debt swap in an effort to attract investors holding some 20 billion US dollars of defaulted bonds that weren't included the first time.

• Friday, January 29th 2010 - 11:57 UTC

  Pork better than Viagra, give it a go, recommends unabashed Cristina Kirchner

  

  Argentine President Cristina Kirchner surprised guests at a business meeting by admitting eating pork improves sexual activity. Quite distant from her sharp lecturing style Mrs. Kirchner offered a rare non political intimate glimpse of the country’s most powerful couple life.

• Friday, January 29th 2010 - 09:12 UTC

  Argentine teamsters’ boss penchant for a five-star hotel in Punta del Este

  

  The head of Argentina’s powerful trade union confederation (CGT), teamster Hugo Moyano strongly denied Thursday that his union had plans to purchase a hotel in the Uruguayan posh sea side resort of Punta del Este.

• Friday, January 29th 2010 - 09:08 UTC

  Released from glaciers Patagonia mountains are growing taller

  

  Mountains along the southernmost swath of South America are growing taller at a record rate, say researchers, who attribute the growth to the accelerating loss of glaciers.