Argentina

Monday, April 29th 2013 - 23:17 UTC
Argentine government considering options to contain the ‘parallel’ dollar

The Argentine government is considering different options to contain the current skyrocketing of the US dollar, but according to the financial media there are different positions in the cabinet of President Cristina Fernandez. One of those calls for direct interventions while the other adopts a more passive attitude saying the issue is speculative and ‘marginal’.
Monday, April 29th 2013 - 20:17 UTC
Argentina transfers 400 million dollars to IMF to have greater access to emergency cash

Argentina which the IMF censured for underreporting inflation less than three months ago after three warnings over the past two years, last week authorized the deposit of 400 million dollars with the Washington-based lender to increase the nation’s access to emergency cash.
Monday, April 29th 2013 - 20:08 UTC
Argentine minister forecasts solid victory in October election; polls say the contrary

Argentina’s Federal Planning minister Julio de Vido called on Buenos Aires province mayors to defend the Cristina Fernandez government model and predicted a solid victory in the mid term legislative elections of next October.
Monday, April 29th 2013 - 06:27 UTC
Argentina deploys major diplomatic offensive in the Grand Caribbean

Argentina attended the fifth Caribbean states leaders’ summit held in Haiti April 23/26 as an observer but with a major delegation that included Foreign Affairs Secretary Ambassador Eduardo Zuaín, the different ambassadors in the region plus staff from the Political and Coperation desks.
Monday, April 29th 2013 - 04:43 UTC
Brazil’ Vale leaves Argentina after accord to pay workers and contractors

Brazilian mining giant Vale SA will pay two and a half months' salary to workers in Argentina as part of an agreement signed on Friday allowing the miner to exit the 6 billion dollars Rio Colorado potash and fertilizer project.
Monday, April 29th 2013 - 04:36 UTC
Lanata claims 80% of media in under Argentina government control for propaganda purposes

Argentine journalist Jorge Lanata who has won Spain’s Television Iris Award, claims that ‘80% of Argentine media is in the hands of government (President Cristina Fernandez)” which are used as “instruments of propaganda”.
Saturday, April 27th 2013 - 04:25 UTC
Argentines fear major devaluation of the Peso and dollar sets new record at 9.34

The US dollar in the ‘blue’ or parallel market kept climbing in Argentina ending a week of consecutive records reaching on Friday 9.30 and 9.34 Pesos (buying and selling price) 14 cents more than on Thursday. Since the beginning of the year the US dollar has climbed 36.97% while the official rate stands at 5.18 Pesos, with an increase of only 5.3%.
Saturday, April 27th 2013 - 04:10 UTC
Malvinas radical group begins campaign against Lan Chile offices in Buenos Aires

An Argentine radical group involved in actions against cruise vessels and maritime traffic with the Falkland Islands has promised a similar campaign against Lan Chile offices in Buenos Aires, the airline which flies the only link of the Islands with the continent.
Saturday, April 27th 2013 - 03:55 UTC
Argentina makes available a Coast Guard vessel for the Antarctic Blue Whale Project”

Argentina will make available a Coast Guard vessel in support of the ‘Antarctic Blue Whale Project’ and associated research activities planned for the 201314 season and coming years, according to a release from the Southern Ocean Research Partnership, SORP.
Saturday, April 27th 2013 - 03:28 UTC
South Georgia ‘area’ will be surveyed by Argentine scientific research vessel

Argentina’s scientific research vessel “Dr. Eduardo L. Holmberg” left on Friday from Mar del Plata for the South Georgia area for a thirty day cruise in the framework of the Convention for the conservation of Antarctic marine living resources, CCAMLR, reports the Foreign Ministry from Buenos Aires.