Argentina

• Wednesday, October 30th 2013 - 06:57 UTC

  Petrobras negotiating sale of assets in Peru to Chinese company for 2bn dollars

  

  China National Petroleum Corp., the country’s largest oil producer, is nearing an agreement to buy Petrobras assets in Peru for more than 2 billion dollars. The proposed deal may be announced as soon as next month, according to sources quoted by Bloomberg.

• Tuesday, October 29th 2013 - 16:25 UTC

  More Kirchnerism from less votes; Election result won’t bring change of direction

  

  By Rosendo Fraga (*) - On presidential instructions, the ruling party headed by Acting President Amado Boudou and Buenos Aires Governor Daniel Scioli endeavored to transform Sunday night’s midterm election defeat into a result living up to the Victory Front’s name.

• Tuesday, October 29th 2013 - 00:13 UTC

  NASA solves the mystery of a “city of lights” in the South Atlantic night: jiggers

  

  When in December 2012, the NOAA National Geophysical Data Center and the NASA Earth Observatory released a new map of the Earth as it appears at night they “found something fishy off the coast of Argentina” but now the mystery has been solved. About 300 to 500 kilometers offshore, a city of light appeared in the middle of the South Atlantic Ocean. There are no human settlements there, nor fires or gas wells. But there are an awful lot of fishing boats.

• Monday, October 28th 2013 - 20:51 UTC

  “Mother is recovering and improving” said Maximo, son of Cristina Fernandez

  

  Maximo Kirchner, the eldest son of Argentine President Cristina Fernandez said his mother's medical condition was 'improving' from the cranium surgery to drain a blood clot to which she saw submitted at the beginning of the month, but did not advance any date as to when the head of state will return to her job.

• Monday, October 28th 2013 - 05:37 UTC

  Argentine government retains congress; Massa and Macri confirm 2015 presidential ambition

  

  Argentine President Cristina Fernandez's governing bloc held onto control of Congress in Sunday's mid-term elections, but the results also confirmed the emergence of a new group of powerful leaders who with different messages (and non-messages) anticipated on that same night that their target it the presidential chair in 2015.

• Monday, October 28th 2013 - 05:30 UTC

  Argentina's nine month squid exports reach 91.277 tons, up 43.7% over 2012

  

  Argentina exported 329,751 tons of seafood in the nine months of 2013 to September, a figure which shows an increase of 14.9% compared to the same period in 2012, when 286.899 tons were shipped abroad.

• Saturday, October 26th 2013 - 15:54 UTC

  Argentina appeals New York Judge Griesa's order regarding banks' disclosures

  

  The Argentine government yesterday appealed an order by US Judge Thomas Griesa who asked some private banks to turn over information about Argentina’s assets abroad. The case had been started by hedge fund Elliott Management Corp’s NML Capital Ltd which is demanding in court full 100% payment of Argentine sovereign bonds face value.

• Saturday, October 26th 2013 - 13:48 UTC

  Sunday election, an anticipation for the 2015 post Cristina Fernandez chapter

  

  Sunday's midterm election in Argentina has become crucial for the government of President Cristina Fernandez who must retain control of Congress in the last two years of her mandate ahead of the 2015 presidential election, otherwise she runs the risk of becoming a lame duck accompanied by a most unwished end for the legacy of the Kirchner couple decade-plus rule.

• Friday, October 25th 2013 - 06:22 UTC

  Argentine first time 'young voters' remain distant from Sunday's mid-term election

  

  Argentines aged 16 and 17 will be able to vote for the first time in Sunday's midterm elections but the incidence of their ballot in the final result is considered marginal since many of them did not register. In Argentina voting is mandatory for the 18 to 70 age group, and 600.000 teen agers of 16 and 17 have registered to vote on 27 October when half the Lower House and a third of the Senate seats are renewed.

• Friday, October 25th 2013 - 06:16 UTC

  Alleged 'secret clause' in YPF/Chevron shale agreement triggers strong controversy in Argentina

  

  A New York Times piece published on Thursday regarding the agreement between Argentine nationalized oil and gas company YPF with California based Chevron has triggered a strong controversy in Argentina because of an alleged “secret clause” in the commercial document.