Argentina

• Thursday, December 6th 2018 - 12:37 UTC

  Captain Castagnari's remains arrive in Río Cuarto - son thankful to Falklanders

  

  The remains of Argentine pilot Luis Darío José Castagnari, who died in combat during the 1982 Falklands War, arrived at his hometown of Río Cuarto in the province of Córdoba Wednesday afternoon.

• Thursday, December 6th 2018 - 09:32 UTC

  YPF and Malaysia's Petrona committed to invest US$ 2.3bn in Vaca Muerta

  

  Argentina's state-run energy company YPF and Malaysia's Petronas agreed this week to invest US$ 2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil equivalent by 2022. The investment will be in La Amarga Chica, where the companies have been testing the shale oil potential since 2015 and have spent US$ 550 million to date in the process, YPF said in a statement.

• Thursday, December 6th 2018 - 09:14 UTC

  Russia drew Argentina's attention to Ilyushin-96 jets before G-20 Summit

  

  The Russian aircraft manufacturer Ilyushin has sought to attract Argentina's interest to purchase their Il-96 jets of various specifications, it was revealed Wednesday.

• Thursday, December 6th 2018 - 08:45 UTC

  Argentine manufacturing and construction declines during October

  

  Manufacturing in Argentina fell 6.8% in October year on year, while construction declined 3.7%, and in the first ten months of this year 2.5% and 4.9% respectively according to the Indec statistics bureau report. Firms were hit hard by a contraction in economic activity and the devaluation of the Peso against the US dollar.

• Wednesday, December 5th 2018 - 09:40 UTC

  Current, former Argentine Defense Ministers exchange accusations in Congress over ARA San Juan

  

  Argentine Defense Minister Oscar Aguad Tuesday said the causes of the ARA San Juan submarine's fate are closer to become known, but he pointed a finger at faulty maintenance between 2008 and 2015 under President Cristina Fernandez de Kirchner (CFK).

• Tuesday, December 4th 2018 - 08:57 UTC

  Argentine federal security officers given more tolerance to use lethal weapons

  

  A tough new ruling has come into effect in Argentina allowing federal security officers to appeal to lethal weapons when faced with criminal actions. Resolution 956/2018, signed by Security minister Patricia Bullrich says lethal weapons can be used when “other non violent means are not effective”.

• Monday, December 3rd 2018 - 08:43 UTC

  Strong message from Merkel to Macri: How the world sees and expects Argentina to perform

  

  She was the last to arrive, but together with French president Emmanuel Macron one of the most popular leaders during the G20 summit in Buenos Aires. Her official aircraft had to turn back because of communications problems so German Chancellor Angela Merkel took a commercial flight from Madrid directly to Buenos Aires, a day late for the inauguration but not for the other activities including a couple of outings in the Argentine capital.

• Monday, December 3rd 2018 - 08:36 UTC

  IDB US$ 130m loan to modernize Argentine-Uruguayan bi-national Salto Grande dam and power plant

  

  The Inter-American Development Bank (IDB) has approved two financing packages worth a total of US$ 130 million in support of a program to modernize the Argentine-Uruguayan bi-national hydroelectric power plant in Salto Grande and a program to boost the competitiveness of the productive and tourism sectors of that region, made up of the departments of Concordia and Federacion in the Argentine province of Entre Ríos and Salto department in Uruguay.

• Monday, December 3rd 2018 - 07:48 UTC

  President Xi on official visit to Argentina signs 30 agriculture and investment deals

  

  China's president on Sunday signed new trade deals with Argentina as the Asian giant expands its growing role in Latin American economies. Presidents Mauricio Macri of Argentina and Xi Jinping of China announced the more than 30 agriculture and investment deals during a state visit following the Group of 20 summit of leaders in Buenos Aires.

• Monday, December 3rd 2018 - 07:46 UTC

  G20 Buenos Aires declaration calls for reforms to world trade system; US skips climate change chapter

  

  In a joint declaration, the leaders of G20 nations on Saturday agreed to build consensus for fair and sustainable development through an agenda that is “people-centered, inclusive and forward-looking”.