Argentina

Monday, September 1st 2008 - 21:00 UTC
Corporate Argentina criticizes gov for double digit inflation

With August gone and inflation estimates for the month in the range of 1.6 to 2.2% corporate Argentina has joined the bandwagon and is warning about the impact of double digit prices for consumers, industry and unions trigger clauses.
Sunday, August 31st 2008 - 21:00 UTC
Buenos Aires City, more expensive for foreigners

Due to the inflation, estimated between 10 and 20 percent and to the drop in the dollar's value, Buenos Aires City is more expensive than last year, but it still ranks among the cheapest cities in the world for foreigners, according to a international survey on the cost of life carried out by Mercer pollsters.
Sunday, August 31st 2008 - 21:00 UTC
Argentine citizen crosses environmentalists'' roadblock

Salvador Rosetti Serra, a 79-year-old retired lawyer, yesterday became the first Argentine citizen in almost two years to cross to Fray Bentos, Uruguay, through the roadblock being held by environmental activists on international Route 136, in Entre Ríos. He presented a ruling issued by Federal Judge María José Sarmiento, ordering the demonstrators to let him pass.
Thursday, August 28th 2008 - 21:00 UTC
Oil rig for South Atlantic exploration arrives next month

Argentine and Chilean government and private oil companies announced Wednesday they would be investing 150 million US dollars to search for hydrocarbons in the South Atlantic.
Thursday, August 28th 2008 - 21:00 UTC
Argentine president ranks 13 among most powerful women

Argentine president Cristina Fernandez de Kirchner and Chile's Michelle Bachelet figure among the hundred most powerful women in the world according to a list released Wednesday by the US magazine Forbes.
Thursday, August 28th 2008 - 21:00 UTC
Argentine Central Bank boasts having cut run on deposits

The Argentine Central Bank president Martin Redrado said that “there's no floor on sight for the international financial markets crisis”, but in recent months “for the first time in decades, Argentina managed to stop a run on the bank's reserves”.
Thursday, August 28th 2008 - 21:00 UTC
Argentina will meet debt obligations, says cabinet chief

Argentina will meet all its debt obligations in 2008 and 2009, said Cabinet chief Sergio Massa addressing investor concerns that political tensions could reduce its budget surplus and slow its debt payments.
Thursday, August 28th 2008 - 21:00 UTC
Current policies could force Argentina to import beef by 2012

Argentina could be forced to import beef by 2012 if current policies are not modified, but current tonnage could increase by 50% if rules are changed, warned the Argentine Regional Consortia of Agriculture Research, Aacrea.
Wednesday, August 27th 2008 - 21:00 UTC
Argentine fisheries exports unchanged in 12 months

Argentine fisheries exports reached 318.372 tons and 657.5 million US dollars respectively during the first seven months of 2008 which represents a slight 6% increase in dollars over the same period a year ago, according to the latest figures released by the country's food safety office, Senasa,
Wednesday, August 27th 2008 - 21:00 UTC
Mar del Plata claims fisheries industry “no longer profitable”

Fisheries in Argentina has become a non profitable business according to several industry chambers mostly based in Mar del Plata where 50% of the country's fleet is docked and a significant percentage of total catches are landed.