Argentina

• Thursday, November 6th 2014 - 21:50 UTC

  Falklands oil industry regulated by UK North Sea standards, one of the highest in the world

  

  The elected government of the Falkland Islands has strongly refuted remarks by Argentine official 'Malvinas Secretary' Daniel Filmus, published in The Guardian, in which he states that hydrocarbons activities in the Falklands are environmentally reckless, and describes Filmus words as “yet another example of the Argentine's government futile efforts to damage the Falklands economy”

• Thursday, November 6th 2014 - 07:52 UTC

  YPF manages significant increases in output and profits in the third quarter

  

  Argentina's state-controlled oil firm YPF hydrocarbons' production in the third quarter increased by 15.4% from a year earlier to 573,000 b/d of oil equivalent (boe/d). The rise in production translates into a 13.9% increase from a year earlier for the first nine months of the year to 553,000 boe/d.

• Thursday, November 6th 2014 - 07:37 UTC

  US soybean crushers claim Argentine export taxes distort the market

  

  The American Soybean Association, the National Oilseed Processors Association and the North American Export Grain Association sent comments last week to the U.S. Trade Representative identifying significant barriers to U.S. exports, particularly on the trade distorting impact of Argentine Differential Export Taxes, or DETs, and the artificial advantage provided to soybean products exported from that country.

• Thursday, November 6th 2014 - 07:22 UTC

  Argentina and hedge fund NML Capital ratify their commitment to keep fighting

  

  Argentine Central bank chief Alejandro Vanoli, said the country will be not getting down on its knees in a negotiation with 'vulture funds' (hedge funds), once the January first date comes and the controversial RUFO clause, (preventing Argentina from voluntarily offering holdout creditors better terms than those of its 2005 and 2010 restructurings), falls.

• Thursday, November 6th 2014 - 06:45 UTC

  Cristina Fernandez 'stable' in hospital but will miss G20 summit in Australia November 15/16

  

  Argentine President Cristina Fernández has completed her third day in the Otamendi hospital after falling ill with a bacterial infection, according to the report released by the presidential Medical Unit.

• Wednesday, November 5th 2014 - 07:05 UTC

  China rolling stock manufacturer to begin maintenance operations in Argentina

  

  China’s rolling stock manufacturer China South Railway, CSR-Sifang will establish a presence in Argentina in a workshop currently ran by State-owned Trenes Argentinos Operadora Ferroviaria, Interior and Transport minister Florencio Randazzo announced on Tuesday.

• Wednesday, November 5th 2014 - 04:30 UTC

  US reply to Argentina: Soderberg's responsibilities as public servant not linked to bonds' dispute

  

  The US Department of State has backed the appointment of Nancy Soderberg as Chair of the Public Interest Declassification Board (PIDB), saying her “responsibilities” as public servant are “not linked” with Argentina’s dispute with the holdouts, Argentina's Telam news agency reported.

• Wednesday, November 5th 2014 - 03:43 UTC

  Argentina appeals Judge Griesa's 'contempt of court' ruling

  

  Argentina on Monday asked the Second Circuit Court of Appeals to overturn a federal judge’s finding that it is in contempt of court for taking steps to evade his orders that bondholders who agreed to debt restructurings can only be paid if holdout hedge funds are also compensated.

• Tuesday, November 4th 2014 - 05:05 UTC

  Falklands have a per capita GDP “ten times higher than Argentina”

  

  Argentina's financial daily, El Cronista Comercial has published two articles on the Falkland Islands based on data from the 2014 Statistical Yearbook stating that the Islands enjoy a GDP per capita several times higher than Argentina and that the economy has been expanding at 11% annually since 2008.

• Tuesday, November 4th 2014 - 04:35 UTC

  Ambassador Castro guest of Manchester City on a lucky derby Sunday

  

  Argentine Ambassador Alicia Castro was invited by Manchester City Football Club for the game played on Sunday with the City's traditional rival, Manchester United.