Argentina

Saturday, May 18th 2019 - 11:50 UTC
ARA San Juan: Argentine defense minister triggers further controversy as to the loss of the submarine

Argentina's Defense Minister Oscar Aguad, quoting reports from experts, said on Friday that the sinking of the ARA San Juan submarine in November 2017 was caused by a “lack of training” and “capabilities.”
Saturday, May 18th 2019 - 09:48 UTC
Argentine oil and soybean industries exempt from latest taxes on imports

Argentina will exempt an import tax on goods that are used in the production of exports, such as soybeans and machinery to develop unconventional hydrocarbons in the Vaca Muerta shale play, Treasury Minister Nicolas Dujovne said in a radio interview on Friday.
Saturday, May 18th 2019 - 09:31 UTC
Argentina awards 18 offshore oil exploration areas; UK companies take 7 areas, some next to Falklands

Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the Buenos Aires province, the Austral basin and the Malvinas West basin, which neighbors with the Falkland Islands, the insular territory claimed by Argentina.
Friday, May 17th 2019 - 09:59 UTC
Cristina Fernandez's first corruption trial confirmed for next Tuesday

Argentina's Supreme Court ruled on Thursday that ex-president Cristina Fernandez de Kirchner's corruption trial can go ahead; after protesters demonstrated against rumours the case might be delayed. Trial is set to begin on Tuesday over accusations that CFK favoured businessman Lazaro Baez in the attribution of 52 public works contracts worth 46 billion pesos (US$1.2 billion) during her 2007-15 presidency.
Friday, May 17th 2019 - 09:57 UTC
Falkland Islands Land Mines, how they are cleared and blown up

British Forces Network reports how a specialist de-mining team is clearing and exploding a hoard of land mines from the Falkland Islands landscape – out of more than 30,000 laid the Argentine forces during the 1982 conflict.
Thursday, May 16th 2019 - 14:58 UTC
Argentina does not recognize UK as a coastal state but will jointly address high seas catches in the South Atlantic

Foreign minister Jorge Faurie strongly denied in Congress on Wednesday that the Argentine government was ready to “handover” the disputed Malvinas Islands to the British, and likewise defended the current proximity policy of president Mauricio Macri administration towards the South Atlantic issue.
Thursday, May 16th 2019 - 09:58 UTC
“Malvinas Veterans are increasingly recognized for their valor and courage”

The Argentine Army Chief of Staff said he perceives a greater recognition from society towards Malvinas veterans, and this recognition, with time, is increasing. Lieutenant General Claudio Pasqualini made the statement at Wednesday's traditional meeting of the Buenos Aires Rotary Club, which on this occasion had another special guest at his table, British ambassador Mark Kent.
Thursday, May 16th 2019 - 09:56 UTC
Santa Fe will host Argentina's first 2019 presidential debate

Argentina's first presidential debate of the 2019 election will take place in Santa Fe province, the Noticias news magazine confirmed on Tuesday. The event will be held at the auditorium of the National University of the Littoral (Universidad Nacional del Litoral), in Santa Fe City, after the PASOs.
Thursday, May 16th 2019 - 09:52 UTC
April inflation in Argentina eases but reaches 3.4% and an annualized 55.8%

Argentina released April inflation numbers on Wednesday, with the monthly price rise easing to 3.4% - high by international standards, but below market expectations and reversing an acceleration trend that began in January.
Thursday, May 16th 2019 - 09:44 UTC
Argentina's unions decided a 24-hour national strike on 29 May

Argentina’s biggest labor union on Tuesday called for a 24-hour national strike to protest the government’s austerity policies, heaping pressure on President Mauricio Macri as he battles against a biting recession and jittery markets.