Argentina

Thursday, November 13th 2008 - 20:00 UTC
Argentina unveils fiscal incentives for new oil production

Argentina launched on Wednesday a tax rebate program aimed at boosting the reserves, production and refinement of crude oil.
Tuesday, November 11th 2008 - 20:00 UTC
Argentina still planning to repay Paris Club debt

Argentina is still planning to use its foreign exchange reserves to repay defaulted debt to the Paris Club of creditor nations, according to the club's chairman Xavier Musca.
Monday, November 10th 2008 - 20:00 UTC
Argentina's prospects for 2009: flat growth and 20% inflation

The Argentine economy is forecasted to experience in 2009 almost flat growth, inflation above 20%, unemployment closing on two digits and the US dollar in the range of 3.8 to 4 pesos according to the opinion of several economists.
Monday, November 10th 2008 - 20:00 UTC
Argentine Navy receives refurbished Sea King helicopters

The Argentine Navy received two of a lot of six UH-3H Sea King helicopters, four of them refurbished in Maryland and two for spares, following an agreement signed last year by the Argentine Defence Ministry and the US Navy.
Sunday, November 9th 2008 - 20:00 UTC
Suitcase scandal: key witness confirms Kirchner involvement

In his first interview with the Argentine media the Venezuelan/US citizen Guido Antonini Wilson said former president Nestor Kirchner had promised him “protection” in exchange for “silence” regarding the case of the suitcase stuffed with 800.000 USD.
Sunday, November 9th 2008 - 20:00 UTC
Hard-line Kirchner political official takes over Fisheries

Argentina's Fisheries Under Secretary Geardo Nieto resigned after five years in the post and this week he will be replaced by Norberto Yahuar another close associate of former president Nestor Kirchner, according to Buenos Aires press reports.
Saturday, November 8th 2008 - 20:00 UTC
Jobless in Argentina down, but unions think differently

Unemployment in Argentina dropped 0.2 points in the third quarter of this year and stood at 7.8%, President Cristina Fernández de Kirchner revealed this week during a visit to a factory in Buenos Aires province
Saturday, November 8th 2008 - 20:00 UTC
Argentina: private pension funds take over advances

Argentina's lower house approved President Cristina Fernandez de Kirchner's controversial plan to nationalize an estimated 30 billion US dollars in private pensions, a proposal that raised concern of a default and has further divided the ruling party.
Friday, November 7th 2008 - 20:00 UTC
Argentina reacts angrily to Falklands' new constitution

Argentina sharply criticised on Thursday Britain's approval of a new constitution for the disputed Falkland Islands, saying it had lodged a formal complaint with London for which is had summoned UK's Chargé d'Affairs in Buenos Aires.
Wednesday, November 5th 2008 - 20:00 UTC
Patagonian fungi produces “myco-diesel” from cellulose

A unique fungus that makes diesel compounds directly from cellulose has been discovered living in trees in the Patagonian rainforest. “These are the first organisms that have been found that make many of the ingredients of diesel,” said Professor Gary Strobel from Montana State University. “This is a major discovery.”