Argentina

• Tuesday, May 12th 2009 - 09:51 UTC

  Immediate Argentine reaction to UK’s Falklands’ sea shelf submission

  

  The Argentine government expressed on Monday its most vigorous rejection to “the United Kingdom’s pretension to establish maritime spaces round the Malvinas, South Georgia and South Sandwich islands, which are part of Argentine national territory”.

• Monday, May 11th 2009 - 09:32 UTC

  Kirchners desperate bid to retain power in mid term election

  

  Former Argentine President Nestor Kirchner will run for a seat in Congress in a bid to bolster the ruling party in June 28 mid-term elections. The ballot is seen as referendum on the government of current president Cristina Fernández de Kirchner and her husband, Nestor Kirchner.

• Saturday, May 9th 2009 - 07:44 UTC

  Prestigious Hispanic civil rights activist next US ambassador in Argentina

  

  The President Barack Obama administration has named a prestigious civil rights activist of Hispanic-Mexican origin as the next US ambassador in Argentina. Vilma Socorro Martinez, 66, will replace Ambassador Earl Anthony Wayne who has held the job for three and a half years.

• Friday, May 8th 2009 - 10:15 UTC

  An estimated 34 billion US dollars have fled from Argentina

  

  The Argentine Central Bank must ensure that the flight of capital does not erode the “wealth of the country”, warned a former head of the bank, who revealed that since the beginning of the crisis 34 billion US dollars had fled from South America’s second largest economy.

• Friday, May 8th 2009 - 07:17 UTC

  One sailor missing as fishing vessel is lost off Rio Gallegos

  

  The freezer vessel Mataco II, owned by Harengus SA and the Amaltal Fishing Company, sank Tuesday night some 40 nautical miles (70 kilometres) from Rio Gallegos, Santa Cruz, in the midst of a severe storm.

• Friday, May 8th 2009 - 04:34 UTC

  Brazilian and Argentine manufacturers reach markets agreement

  

  Brazilian and Argentine manufacturers reach a tentative understanding to privilege the two countries markets and exports which should help overcome the ongoing trade dispute among Mercosur main partners.

• Thursday, May 7th 2009 - 13:28 UTC

  Argentina April car production and sales down 32% and 29%

  

  Argentina produced 37,262 cars in April which is 1.7% less than the previous month and down 31.8% from a year ago, the automotive manufacturers association, Adefa, reported Wednesday. April exports dropped 23.8% compared to April 2008, totaling 23,249 cars, but increased 12.6% from March. Brazil was by far the leading export market, taking about 84% of exports.

• Monday, May 4th 2009 - 09:19 UTC

  Argentina’s 2008/09 crop exports forecasted to drop 56%

  

  Argentina’s cereals and oil seeds exports are forecasted to drop to 13.8 billion US dollars in this 2008/09 crop which means 56% less compared to the 31.9 billion of the 2007/08 crop according to a paper from the Argentine Agrarian Federation, FAA.

• Thursday, April 30th 2009 - 12:32 UTC

  “The Kirchners and their model are taking us back to the explosive 2001”

  

  Following on fear tactics, Argentine president Cristina Fernandez de Kirchner warned that if in the coming June mid term elections the government looses its majority “we’ll be back at the explosive Argentina of 2001”.

• Thursday, April 30th 2009 - 12:23 UTC

  Smallest wheat crop since 1910 forecasted for Argentina

  

  Argentina is forecasted to plant the smallest wheat crop on record because of drought and export restrictions, according to the Buenos Aires Cereals Exchange. Planting will fall as low as 3.7 million hectares this fall that would be the smallest since the Exchange began recording such data in 1910.