Argentina

Thursday, May 5th 2016 - 11:27 UTC
Petrobras sells stakes in Argentina and Chile, part of major divestment plan

Brazil’s state-run oil firm Petrobras said it has concluded the sale of its 67.2% stake in Petrobras Argentina to Argentina’s Pampa Energía for US$ 892 million, according to a securities filing. Petrobras also sold all of Petrobras Chile Distribución to Southern Cross Group for about US$ 490 million as part of its divestment program, the company said.
Thursday, May 5th 2016 - 09:42 UTC
Argentina farm exports soar in first quarter following elimination of taxes and controls

Argentine farm exports rocketed 68% higher in the first quarter compared to the same 2015 period, thanks to new policies that prompted growers to sell stockpiles built up under the previous administration, the government announced.
Thursday, May 5th 2016 - 05:17 UTC
The Falklands/Malvinas 'pending issue' will be addressed by Malcorra in London beginning with confidence building

Argentine foreign minister Susana Malcorra said she plans to meet with British officials to address a multiple agenda and a “pending issue”, in the framework of a transparency meeting scheduled to take place in London.
Wednesday, May 4th 2016 - 08:40 UTC
Argentine unions claim April inflation reached 5% and 40.85% in 12 months

Inflation in Argentina during April reached 5.02% and 40,85% in the last twelve months according to the unions umbrella organization CGT Economic and Social observatory, which was released on Tuesday.
Wednesday, May 4th 2016 - 08:01 UTC
Argentina honors Malvinas war pilots and the Air Force “baptism of fire”

Argentina's Defense minister Julio Martínez headed the Air Force's 34th “baptism of fire” anniversary which took place on May first 1982 during the South Atlantic conflict. The Sunday event at the V Air Brigade in Villa Reynolds, province of San Luis, was also attended by government and military officials, Malvinas veterans and Air Force Chief of Staff Brigadier Major Enrique Victor Amrein.
Wednesday, May 4th 2016 - 07:36 UTC
Tierra del Fuego top official attacked at a ceremony remembering the sinking of General Belgrano

Tierra del Fuego province deputy governor Juan Carlos Arcando had to be protected by the police and took refuge in the Legislature building in Ushuaia, following an attack by striking province and city personnel who for over two months have been protesting against a new retirement pensions' scheme.
Tuesday, May 3rd 2016 - 08:30 UTC
Cristina Fernandez and son Maximo accused of illicit enrichment

Argentine court has asked a judge to look into accusations of illicit enrichment against former President Cristina Fernandez and her son Maximo Kirchner, state press agency Telam reported on Monday.
Tuesday, May 3rd 2016 - 08:20 UTC
Argentine whistle blower reveals the Kirchner corruption system and admits he fears for his life

Argentine whistle blower and former financial advisor to Kirchnerite businessman Lazaro Baez, who is imprisoned accused of money laundering and overbilling public works contracts, has told his former boss “not to be stupid and tell all the truth, what really happened”
Monday, May 2nd 2016 - 08:18 UTC
Macri claims Argentina hid unemployment with 'worthless public jobs', at Labor Day event with dissident union

Argentine president Mauricio Macri attended an event at a dissident union headquarters in the City of Buenos Aires where he marked the Labour Day with unionized workers of the food sector, and blasted the previous administration for hiding unemployment with public jobs.
Monday, May 2nd 2016 - 08:13 UTC
Argentines worried about inflation and unemployment; fuels increase 10% in May

A clear majority of Argentines are most worried about inflation and unemployment, a report by the D’Alessio IROL and Berenzstein private consulting agencies have showed.