Argentina

• Thursday, November 16th 2017 - 07:59 UTC

  Argentina and Chile begin Antarctic combined naval patrolling

  

  Argentina's ARA “Islas Malvinas” has started this season's Antarctic duty as part of the Antarctic combined naval patrolling, responsibility which Argentina shares with neighboring Chile since 1988.

• Monday, November 13th 2017 - 23:58 UTC

  Private construction and infrastructure boosting Argentina's steel industry

  

  Argentina's Acindar steelmaker is currently working at 70% of its installed capacity, which is 1.7 million metric tons of crude steel and 1.4 million mt of finished steel. In 2016, Acindar produced 962,000 mt of steel products. Expectation for 2017 is that it will reach 1.1 million mt, resuming good levels for the company.

• Monday, November 13th 2017 - 08:30 UTC

  IMF mission praises Macri's reforms but warns on inflation and budget deficit

  

  An IMF visiting team in Buenos Aires concluded its annual review of Argentina's economy and praised the efforts of President Mauricio Macri's nearly two-year-old government to transform the economy saying it has yielded “significant” gains, but also warned that risks remain.

• Monday, November 13th 2017 - 07:06 UTC

  Falklands demining operations at Port Harriet Farm, Mt Longdon and Goose Green

  

  DYNASAFE Bactec recently returned to the Falkland Islands to continue demining operations, namely the completion of Phase 5a by March 18. “The break of around 10 weeks has allowed us all to recharge our batteries to finish these remaining tasks,” said Project Manager Julius Unsung.

• Saturday, November 11th 2017 - 08:55 UTC

  YPF will relocate investment from natural gas to crude oil, because of changes in subsidies policy

  

  Argentina's state-run oil company YPF is “disappointed” by cuts to the government's natural gas production subsidies and will re-allocate investment toward crude oil production.

• Saturday, November 11th 2017 - 08:46 UTC

  Argentina cancels proposed tax on wine included in a fiscal reform

  

  Argentina’s government has decided to ditch a proposed tax on wine after vineyards complained the measure would cripple the industry, the governor of the country’s top wine-making province said.

• Friday, November 10th 2017 - 01:02 UTC

  Argentine inflation forecasted to end at 21% this year and 14.3% in 2018

  

  Argentina's annual core inflation forecast for the end of 2017 rose by 0.7 percentage point (pp) in November to 21%, according to a monthly survey conducted by the Argentine central bank. For 2018, analysts estimated a 14.3% annual inflation, from 14% in the previous survey.

• Thursday, November 9th 2017 - 08:39 UTC

  Argentina will receive five refurbished Super Etendard fighter planes

  

  France has sold five used Super Étendard fighter planes to Argentina, which has an outdated military fleet and is hosting large international events in coming months, the French ambassador in Buenos Aires said.

• Wednesday, November 8th 2017 - 14:27 UTC

  The Mayor of Buenos Aires met Sadiq Khan to discuss global cities challenges

  

  The Mayor of Buenos Aires Mr. Horacio Rodríguez Larreta met his peer Sadiq Khan in London City Hall on Monday to discuss urban development strategies that both global cities are pursuing.

• Wednesday, November 8th 2017 - 12:23 UTC

  Argentina central bank raises basic rate to 28,75% to contain inflation expectations

  

  Argentina's central bank raised its policy rate to 28.75% on Tuesday, up from 27.25% previously, as inflation expectations rise, the monetary authority said in a statement. It was the bank's second consecutive hike after a long period of holding the rate steady.