Argentina's nationalized YPF has discovered a new conventional oil well in the western Mendoza province, which will add 15 million barrels of crude to its reserves. Initial production at the El Manzano bloc and the Mirador del Valle x-1 well at 1,789 meters deep is expected to be around 535 barrels per day, the company said.
Argentina's Defense minister Agustín Rossi said that secret minutes dating back to the military dictatorship of 1976-83 will be available for the public to read and study, while admitting that he did not know why the documents had not been discovered previously.
Following a new round of medical checkups at the Buenos Aires Fundación Favaloro clinic Friday evening, Argentine President Cristina Fernandez has been discharged from the inpatient phase regarding her neurological and neuro-surgery conditions, presidential spokesman Alfredo Scoccimarro announced Saturday morning.
A group of Argentine bondholders will offer creditors suing for the repayment of defaulted sovereign debt a private deal to get them to abandon their litigation, the state-run Télam news agency said.
International Monetary Fund announced it was holding constructive talks with Argentina about addressing flawed economic data that led to an unprecedented IMF censure of a member country.
The Mercosur summit scheduled for December in Venezuela has been suspended and will most probably take place sometime in late January announced Uruguayan president Jose Mujica who on Friday cancelled a trip to Brasilia to meet with his peer Dilma Rousseff.
Uruguayan president Jose Mujica is fed up with problems with Argentina but must abandon the 'presidential diplomacy' and turn to 'professional diplomacy' because President Cristina Fernandez will not modify her conduct, warned one of Argentina's most respected political analysts, Rosendo Fraga.
Neatly kept and organized documents dating to the start of Argentina’s last dictatorship, 1976/1983, shows the names of activists who went missing and citizens blacklisted under the regime, officials announced in Buenos Aires. The documents also show that the military junta had planned to hold onto power until 2000.
The oldest Jewish congregation in Argentina will mark its 150th year with a series of celebrations, including the launching of a rabbi’s book about Pope Francis. The first minyan of the Congregación Israelita de la República Argentina met in 1862 on the occasion of the High Holidays. The foundation stone for its synagogue building was laid on Sept. 27, 1867.
Argentina's ambassador to South Africa, Carlos Sersale di Cerisano, has criticized South African Airways’ (SAA’s) move to end its service to Buenos Aires as a political decision not based on commercial criteria. SAA spokesman Tlali Tlali said the airline was cutting long-haul routes from its network as part of a turnaround strategy to restore profitability. Cutting the route between Argentina and South Africa had to be seen in that context.