Argentina

Monday, March 27th 2017 - 08:36 UTC
Labor and social conflicts eroding the image of Argentine president Macri

Argentine president Mauricio Macri is facing a challenging scenario in a crucial year of midterm elections.
Monday, March 27th 2017 - 08:08 UTC
Argentina's naval trainee tall ship “Libertad” scheduled to call at Portsmouth

Argentina's Navy school vessel, tall ship Libertad left Buenos Aires on Saturday for its 46th training world tour, scheduled to last six months calling in thirteen different ports, including Portsmouth, announced the ministry of Defense.
Monday, March 27th 2017 - 07:56 UTC
US biodiesel producers want antidumping duties on imports from Argentina

United States biodiesel producers asked the government to impose antidumping duties on imports of biodiesel from Argentina and Indonesia that it says have flooded the US market and violated trade agreements. The move by the National Biodiesel Board (NBB) trade group comes after two years of tension between US and foreign producers over soaring imports that the group says have threatened the profitability of domestic producers.
Saturday, March 25th 2017 - 09:29 UTC
Argentina closer to energy self sufficiency: US$ 2.3bn investment in Vaca Muerta shale fields

Argentina's Tecpetrol, part of the Techint Group, said on Thursday it would invest US$2.3 billion in the Vaca Muerta shale fields through 2019, the largest announcement in the formation in years. Tecpetrol said in a statement the investment was made possibly due to measures from President Mauricio Macri's government, including a deal with labor unions earlier this year and a definition of price supports this month.
Saturday, March 25th 2017 - 09:21 UTC
Icebreaker Almirante Irizar ready to begin sea trials after a decade in repairs

Argentine foreign and defense ministers Susana Malcorra and Julio Martínez toured on Friday the recently repaired and refurbished Navy's icebreaker and Antarctica flagship, Almirante Irizar which a decade ago almost became a wreck after she caught fire on return from the annual Antarctic mission.
Friday, March 24th 2017 - 19:42 UTC
Comodoro/Falklands link: “approval of route” does not mean “approval of flights”, cautions Malcorra

Argentine foreign minister Susana Malcorra downplayed enthusiasm about a possible air link between Comodoro Rivadavia and the Falkland Islands arguing that the “approval of routes” does not mean the “approval of flights”.
Friday, March 24th 2017 - 11:55 UTC
Cristina Fernandez will stand trial on charges of financial mismanagement

A judge in Argentina has ruled that the former president, Cristina Fernandez should stand trial on charges of financial mismanagement. Fernandez is accused of fraudulently administering state funds in 2015. The former economy minister, Axel Kiciloff, and the former head of the central bank have also been charged.
Thursday, March 23rd 2017 - 13:32 UTC
Macri administration reiterates defense of Malvinas sovereignty before Congress

Argentina's chief of staff Marcos Peña defended the current administration's policy towards the Falklands/Malvinas question arguing that dialogue is the path, not speeches with no content or results, and pledged “we will stand by Argentine sovereignty of the Malvinas Islands”.
Thursday, March 23rd 2017 - 11:50 UTC
Massive teachers protest in Buenos Aires challenging austerity measures

Tens of thousands of Argentine teachers marched in the capital Buenos Aires on Wednesday as part of a nationwide strike challenging the administration of President Mauricio Macri. Unions for private and public school teachers are demanding a pay increase of 35% to compensate for Argentina's high inflation in consumer prices.
Wednesday, March 22nd 2017 - 12:20 UTC
Relief for Macri: stats confirm the economy is moving out of recession

Argentina's economy exited a prolonged recession in the second half of last year, with government data on Tuesday showing a 0.5% expansion in the fourth quarter of 2016 compared with the third quarter. Indec stats agency also revised its estimate for third-quarter GDP to a 0.1% increase over the second quarter, up from a 0.2% decline previously. Taken together, the data show Argentina's economy grew in the second half after shrinking for three straight quarters.