Argentina

• 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.

• Thursday, January 28th 2010 - 14:03 UTC

  Argentine financial markets waiting for outcome of Central Bank dispute

  

  Argentine financial markets closed lower on Wednesday waiting for the outcome of the ongoing dispute between President Cristina Kirchner and Central bank governor Martin Redrado which is now under consideration in Congress.

• Thursday, January 28th 2010 - 05:56 UTC

  Argentine hoki fishery signs up for MSC certification

  

  The hoki (Macruronus novaezelandiae magellanicus) trawl fishery operating in the Argentine Economic Exclusive Zone and adjacent waters entered full assessment to be considered for Marine Stewardship Council (MSC) certification. It is the second South American fishery to officially seek MSC certification of sustainability.

• Thursday, January 28th 2010 - 05:49 UTC

  Argentine beef exports soared 57% last year but trend “is not sustainable”

  

  Argentine beef exports last year soared 57% in volume and 11% in value compared to 2008, having totalled 419.000 tons and 1.65 billion US dollars according to an official release from the country’s National Food Health and Quality Service, Senasa.

• Wednesday, January 27th 2010 - 15:16 UTC

  Redrado conditions participation before congressional advisory committee

  

  The ousted head of the Central Bank Martín Redrado demanded Tuesday Argentine President Cristina Fernández de Kirchner revoke the DNU emergency decree which she had issued in order to dismiss him from his post as the Central Bank governor.