Argentina

• Monday, July 24th 2017 - 06:09 UTC

  Falklands war new book says invading Argentines faced fierce defense from Marines and suffered heavy casualties

  

  A new book has challenged the official account of the Falklands War, including allegedly one of the worst kept secrets of the conflict. The First Casualty, written by noted military historian Ricky Phillips, reveals that, far from surrendering without a fight when the Argentines invaded the Islands in April 1982, a detachment of Royal Marines battled for more than two hours and killed around 100 of their opponents.

• Thursday, July 20th 2017 - 20:51 UTC

  Argentina posts a primary fiscal deficit of 1.5% of GDP

  

  Argentina posted a primary fiscal deficit of 144 billion pesos (US$8.4 billion), or 1.5% of GDP in the first half of 2017, Treasury Minister Nicolas Dujovne said on Wednesday, beating the government target for a gap of 2% of GDP. The primary fiscal deficit was 103 billion pesos in the second quarter, compared with 41 billion pesos in the first quarter.

• Thursday, July 20th 2017 - 16:13 UTC

  The Frigate “Libertad” arrives at Southampton next week

  

  On 26th July the Frigate ARA Libertad will arrive at Queen Elizabeth II Cruise Terminal, Eastern Docks, Berth 38, in Southampton, where the Argentine Ambassador to the United Kingdom R. Carlos Sersale di Cerisano will welcome the crew of 27 officers, 187 non-commissioned officers and 61 training officers. In her role as Ambassador of the seas, the vessel carries a message of peace, friendship and a will to build bridges with the world.

• Thursday, July 20th 2017 - 09:54 UTC

  Top oil companies plan to invest US$ 1.15bn in Patagonia's shale formation

  

  BP unit and subsidiaries of France’s Total and Germany’s Wintershall have signed an investment agreement with Argentina’s state-run oil company YPF to jointly invest US$1.15 billion in the Vaca Muerta shale formation in Argentina.

• Thursday, July 20th 2017 - 09:45 UTC

  “Dump Falklands and Tierra del Fuego, they are too expensive”, says Argentine top banker

  

  Another member of Argentine President Mauricio Macri administration is in trouble over statements referred to the Falkland Islands, which were actually unearthed from years back, but in election time strange things tend to happen and social networks picked up the outburst of such major 'sin'.

• Wednesday, July 19th 2017 - 10:57 UTC

  Argentina's central bank hikes interest rates to combat high inflation

  

  Argentina's central bank hiked interest rates on its short-term securities on Tuesday in its monthly auction, the second such increase in the past three months as it seeks to soak up pesos and rein in stubbornly high inflation.

• Wednesday, July 19th 2017 - 08:55 UTC

  Red Cross expected to explain how Falklands' Darwin cemetery pictures were taken

  

  Controversy has erupted in Argentina following the release in Facebook of clandestine pictures from the current exhumation works at the Darwin Cemetery in the Falklands with the purpose of identifying the remains of Argentine combatants in at least 95 graves with tombstone reading, “Argentine soldier, known only to God”.

• Wednesday, July 19th 2017 - 06:29 UTC

  Farage mentions Argentina/Falklands policy to blast Foreign Office's expenditure

  

  The former leader of the UK Independent Party and great promoter of the Leave position in the Brexit referendum Nigel Farage, has mentioned Argentina and Falklands policy as proof that Britain’s foreign aid budget is being spent in completely the wrong places.

• Tuesday, July 18th 2017 - 14:45 UTC

  Falkland/Malvinas Islands: ICRC work to identify Argentine soldiers buried in Darwin cemetery continues as planned

  

  The work of the forensic team from the International Committee of the Red Cross (ICRC) to identify Argentine soldiers buried in Darwin cemetery is making good progress and proceeding as planned.

• Tuesday, July 18th 2017 - 07:30 UTC

  Argentine administration props the housing and construction industry ahead of mid term elections

  

  Argentina's new subsidized mortgage scheme is gathering steam, boosting construction activity and winning over the middle class ahead of mid-term elections in October that will determine the future of President Mauricio Macri's market-friendly agenda and his attempts to put the country's accounts in order.