Argentina

Monday, June 16th 2014 - 05:38 UTC
Support for Argentina's 'Malvinas question' in the G77 plus China summit

The G77 plus China extraordinary summit which took place in Bolivia over the weekend approved two statements in support of Argentina's position in the 'Malvinas Islands question' and a second referred to the current conflict with holdout hedge funds, a long running litigation that has reached the US Supreme Court. Argentine president Cristina Fernández attended the Santa Cruz de la Sierra event.
Monday, June 16th 2014 - 00:38 UTC
“Argentine Sea, wild and austral”, the quality label planned for Argentine fish produce

Argentina is promoting the use of the distinctive label of “Mar Argentino, Salvaje y Austral”, for fishery produce traded by Argentine companies. The Federal Fisheries Council, CFP, is responsible for the implementation of the initiative which aims to incorporate the origin seal and promotional brochures.
Monday, June 16th 2014 - 00:35 UTC
Argentina's inflation index in May, 1.4% and 13.5% in five months

Argentina's consumer price index revealed an inflation rate of 1.4% for May, down from 1.8% in the previous month announced on Friday Economy Minister Axel Kicillof at a press conference held at the Ministry in Buenos Aires. In the first five months of the year inflation stands at 13.5%.
Saturday, June 14th 2014 - 09:29 UTC
Argentina on the war path against Uruguay following re-ignition of pulp mill dispute

Argentina reacted strongly and with a letter in harsh terms to Uruguay's decision to authorize Finland's UPM-Kymmene pulp mill to increase annual production by 8%. The letter addressed by Foreign minister Hector Timerman to his peer Luis Almagro informs Argentina will take the case to international tribunals and is currently 'reassessing' bilateral relations.
Saturday, June 14th 2014 - 09:13 UTC
“Malvinas son Argentinas” sparks FIFA disciplinary proceedings

FIFA can confirm that disciplinary proceedings have been opened against the Argentina Football Association (AFA) relating to an incident that occurred at the friendly match between Argentina and Slovenia on 7 June in La Plata, Argentina.
Friday, June 13th 2014 - 08:26 UTC
US Supreme Court decision of Argentina/hedge funds case delayed until Monday

The US Supreme Court will reveal its decision on Argentina's request regarding litigation with the hedge funds case on Monday at 10.30am, after deliberating on Friday behind closed doors. A final outcome could arrive as late as next year though, if the judges decide to ask the US government for an opinion on the case before ruling.
Thursday, June 12th 2014 - 07:06 UTC
Argentina's 'Congressional inflation index' in May, 2.28% and 39.9% in twelve months

Inflation in Argentina during the month of May reached 2.28% and 39.9% in the last twelve months according to the so called 'Congressional index' which is released by opposition lawmakers from the Freedom of Expression committee.
Thursday, June 12th 2014 - 07:01 UTC
Poor performance of Argentina's industrial production during April

According to the Argentine Industrial Union (UIA), industrial production in the country fell 3.4% in April compared to the same month of 2013. Considering the first four months of 2014, the industry dropped 2.2% versus the same period last year.
Thursday, June 12th 2014 - 06:53 UTC
World manufacturing on the upturn but fragile in emerging economies

World manufacturing is in a phase of steady growth due to the improved financial condition of industrialized countries, especially in Europe, and China’s continued growth, the United Nations reported on Wednesday.
Thursday, June 12th 2014 - 06:35 UTC
Argentina and Brazil extend auto industry accord until July 2015

Argentina and Brazil finally on Wednesday in Buenos Aires a deal for automotive trade between the two nations, which will be valid until July 2015 and aims to revive the sector which has seen heavy falls in activity (and jobs) since the beginning of this year.