Argentina

• Monday, December 16th 2013 - 16:43 UTC

  Falklands: formal UK protest to Argentina over oil bill: Argentine law does not apply in the Islands

  

  The United Kingdom formally protested on Monday to Argentina about the passing of an amendment to the hydrocarbons bill which seeks to criminalize individuals or companies with involved in hydrocarbons activities in Falkland Islands waters, insisting that Argentine law does not apply to the Falklands and the Islanders right to develop their hydrocarbons sector.

• Monday, December 16th 2013 - 16:37 UTC

  Uruguayan former Defense minister honored by Argentina for his Malvinas claims support

  

  Uruguayan Senator from the ruling coalition Luis Rosadilla will be honored by the Argentine embassy in Montevideo for having volunteered in 1982 to join the Argentine war effort during the invasion of the Falkland Islands.

• Monday, December 16th 2013 - 16:31 UTC

  Falklands/Malvinas controversy: Argentine Senator rejects Oxford invitation and honors

  

  An Argentine national senator publicly rejected an invitation to attend a special business and academics conference in Oxford arguing he could not participate in an event coming from a country “which has troops occupying part of our motherland territory”.

• Saturday, December 14th 2013 - 06:11 UTC

  Argentine central bank issues hard currency bonds hoping to lure cereal exporters

  

  The Argentine Central Bank, starved of dollars and declining international reserves started to trade new short-term dollar-denominate bonds in order to encourage the farm sector to sell the crops they are still holding on to. It is estimated that over 3bn dollars in mainly soybeans remain in the hands of farmers and cereal exporters.

• Saturday, December 14th 2013 - 06:04 UTC

  Argentina: compensation to security forces that helped contain police protests and looting

  

  Cabinet Chief Jorge Capitanich confirmed on Friday that President Cristina Fernández will announce next week an “economic and financial recognition” to the members of national security forces following the deployment of 12,000 agents across the country to counter the impacts of the police protests and lootings that hit almost all Argentine provinces over the past days.

• Friday, December 13th 2013 - 12:57 UTC

  Argentina surprised by EU request to delay another month trade negotiations with Mercosur

  

  The European Union has asked for a one-month delay in the exchange of proposals to kick off free-trade negotiations with Mercosur, Argentine Cabinet Chief Jorge Capitanich confirmed on Thursday. The news was first reported by Sao Paulo newspapers on statements from Brazilian Foreign minister Luiz Fernando Figuereido.

• Friday, December 13th 2013 - 08:47 UTC

  Keeping up with inflation in Argentina: after calming police, who's next in the queue

  

  Police protests and widespread looting in 19 of the 24 Argentine provinces has, in a few weeks, shattered expectations about the new cabinet of President Cristina Fernandez and a stabilization of the economy, since as can be anticipated government employees and unions will be demanding similar conditions as their blue uniformed colleagues to keep up to date with inflation, running at an annualized 26% according to the November reading.

• Wednesday, December 11th 2013 - 23:17 UTC

  Argentina will unveil new inflation and GDP stats in February and March

  

  Argentina will unveil its new consumer price index (CPI) in February and a revised GDP index in March, Cabinet Chief Jorge Capitanich announced. The dates effectively comply with the demands of the International Monetary Fund (IMF) that had extended a deadline for Argentina to improve the quality of its economic data.

• Wednesday, December 11th 2013 - 22:45 UTC

  Cristina Fernandez completes all medical exams and prepares for her first flight in almost three months

  

  Argentine president Cristina Fernandez underwent this week several medical exams which have revealed “normal results”, announced presidential spokesman Alfredo Scoccimarro at a press conference in Government House in Buenos Aires.

• Wednesday, December 11th 2013 - 06:23 UTC

  Paraguayan Senate accepts Venezuela as full member of Mercosur; praise from Brazil

  

  The Paraguayan Senate finally passed on Tuesday afternoon, with a large majority a protocol for including Venezuela as full member of Mercosur. The protocol, which was submitted to Congress by President Horacio Cartes, was supported 29-10.