Argentina

• Monday, January 25th 2010 - 14:20 UTC

  Argentina’s Central bank stand-off: police to block access of Redrado

  Argentine central bank President Martin Redrado vowed to stay in his post until Congress considers a government decree firing him for not setting aside 6.6 billion US dollars in reserves to pay debt due this year.

• Saturday, January 23rd 2010 - 15:44 UTC

  Argentine courts ratify the freeze on use of Central Bank reserves

  

  Argentina’s Federal Contentious Administrative Court Friday ratified the suspension on the use of the Central Bank foreign currency reserves to payout public debt, according to judicial sources in Buenos Aires.

• Saturday, January 23rd 2010 - 15:37 UTC

  Ushuaia again feels seismic activity from the Drake Passage

  

  Ushuaia in Tierra del Fuego, extreme south of Argentina was again rattled this week with seismic activity of 5.3 points intensity in the Richter scale, although there were no human losses and minimum damage to property.

• Friday, January 22nd 2010 - 17:05 UTC

  Argentine Central bank dispute moves to Congress on CFK request

  

  Argentina President Cristina Fernandez de Kirchner, CFK, cancelled a trip to China and called for a congressional committee to meet in an attempt to defuse the controversy over her plans to use Central bank reserves to pay for debts.

• Friday, January 22nd 2010 - 05:12 UTC

  Cristina’s sharp “genius” replies have her again in deep trouble

  

  Turbulent political times seem to be wearing down Argentine President Cristina Fernandez de Kirchner and her lecturing style, forcing her to commit a full blown gaffe, given her long standing defence of human rights and condemnation of the abuses and disappearances committed under Argentine military regimes.

• Friday, January 22nd 2010 - 05:07 UTC

  First repercussions of Mrs Kirchner cancelled visit to China

  

  Argentine President Cristina Fernández de Kirchner's postponement of her trip to China is still causing repercussions. Argentine ambassador to China, César Mayoral, tried to minimize her absence, although he regretted that “domestic affairs seem to be given more importance than foreign affairs.”

• Thursday, January 21st 2010 - 12:20 UTC

  Argentine analysts fear diplomatic fallout following CFK China visit cancellation

  

  Argentine president Cristina Fernandez de Kirchner, CFK, last minute decision to cancel next week’s ten day official visit to China alleging she did not trust Vice-president Julio Cobos in her post, has sent shockwaves across Buenos Aires foreign policy circles that fear the political consequences of such an action.

• Thursday, January 21st 2010 - 12:17 UTC

  According to Argentina’s two tier statistics system unemployment fell to 8.4%

  

  Argentine President Cristina Fernández de Kirchner announced Wednesday the unemployment rate had fallen from 9.1% to 8.4% in the last quarter of 2009.

• Wednesday, January 20th 2010 - 12:51 UTC

  Argentine depositors look for security and discretion in Uruguay’s banks

  

  Argentines disenchanted with their current government are taking their savings to refuge in neighbouring Uruguay where deposits of non residents have soared 20% during 2009, according to primary estimates from the Central Bank.

• Wednesday, January 20th 2010 - 12:16 UTC

  Mrs. Kirchner cancels trip to China: claims she can’t trust Vice-president

  

  Argentine president Cristina Fernández de Kirchner announced Tuesday during a press conference at the Government House that she suspended her business trip to China because she does not trust in Vice-President Julio Cobos, and accused him of trying to “block” the decisions of the Executive Branch.