Argentina

Monday, April 16th 2018 - 02:10 UTC
The Economist on Uruguay: some serious shortfalls

The Economist recently published an extremely laudatory article on the performance of the Uruguayan economy in the last fifteen years, much of which can be supported but even more needs to be rectified, quite a surprise coming from a publication known for its research rigor. The piece was titled “Uruguay’s record-setting economic growth streak; How a small country outperforms its neighbors” and was published in the March 28th edition.
Thursday, April 12th 2018 - 08:59 UTC
Argentina central bank keeps benchmark interest rate at 27.75%

Argentina’s central bank held its benchmark interest rate at 27.25% this week, the monetary authority said in a statement, noting that high-frequency indicators suggested core inflation would remain high in April, but below March’s levels.
Thursday, April 12th 2018 - 08:50 UTC
Argentine police dismissed for claiming mice gobbled half a ton of missing maijuana

Eight police officers in Argentina, including a former town police commissioner, have been dismissed from their posts after four of them claimed that more than half a ton of missing marijuana was carried off by mice, Buenos Aires media reported on Wednesday.
Thursday, April 12th 2018 - 07:57 UTC
Icebreaker Irizar returns from its first Antarctica campaign in ten years

Argentina's icebreaker Almirante Irizar is back in Buenos Aires at the end of its first Antarctic campaign in ten years, following the fire that almost knocked the Finnish built vessel out of action. She left on 26 December and completed 107 days in the high seas and Antarctica's ice.
Wednesday, April 11th 2018 - 18:35 UTC
Argentina imports 120.000 tons of soy-beans from United States

Argentina, the world’s third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years on Tuesday after drought cut its harvest, forcing crushers there to turn to imports. The surprise move pushed Chicago soybean futures to a one-month high, in the latest development to upend global soy trading after top buyer China last week proposed tariffs on U.S. imports amid an intensifying Washington-Beijing trade dispute.
Wednesday, April 11th 2018 - 09:21 UTC
Drought will cost Argentina's herd up to a million head

Argentina’s herd will shrink by up to 1 million head of cattle next year as ranchers facing scorched pastures after the worst drought in decades decide to slaughter females rather than grow their herds, analysts said.
Tuesday, April 10th 2018 - 07:27 UTC
HMS Protector expected in Buenos Aires

The United Kingdom Ice Patrol HMS Protector is expected this week in Buenos Aires on her return trip from the Antarctica season. The visit is seen as evidence of the renewed and improved UK/Argentina bilateral relations, both politically and in defense issues.
Friday, April 6th 2018 - 09:31 UTC
Chile and Argentina open offshore project, east of Magellan Strait to increase gas and oil production

The state-run energy firms of Chile and Argentina said on Wednesday they had inaugurated a US$ 354 million project to increase production of natural gas off the southern tip of South America.
Friday, April 6th 2018 - 08:00 UTC
Argentine minister refers to Malvinas as Falklands, and triggers a political storm

Argentina's Defense minister has sparked a political storm after appearing to imply the Falkland Islands are British. Oscar Aguad has been accused by the Buenos Aires media of suggesting that the Islands were not part of Argentine territory.
Thursday, April 5th 2018 - 08:33 UTC
Russia has ended its help in search for the missing Argentine sub ARA San Juan

The Argentine Navy has confirmed that Russia has ended its help in the search for the missing ARA San Juan submarine that disappeared in the South Atlantic with 44 crew-members aboard in November.