Argentina

• Tuesday, December 18th 2012 - 04:01 UTC

  Argentina says Belgian highest court rules against seizure of diplomatic accounts

  

  The Belgian Supreme Court threw out an attempt by hedge funds to seize Argentina’s diplomatic accounts in that country, according to a release on Monday from the Argentine Foreign ministry.

• Tuesday, December 18th 2012 - 03:56 UTC

  IMF board to consider Argentina’s stats case at the end of January

  

  The board of directors of the International Monetary Fund will again meet at the end of January to debate Argentina’s improvement in the quality of its official economic index, IMF spokesman announced on Monday.

• Tuesday, December 18th 2012 - 03:44 UTC

  Argentina replaces ambassador Argüello by an economist and trade expert

  

  The Argentine Foreign Ministry announced on Monday that President Cristina Fernández has decided to appoint Cecilia Nahón as Argentine ambassador to the United States, replacing Jorge Arguello in Washington DC.

• Monday, December 17th 2012 - 21:15 UTC

  Brazil and Argentina bottom of the list in terms of competitiveness

  

  Brazil ranks near the bottom among fourteen emerging powers in terms of competitiveness, due to high capital and labor costs as well as inadequate infrastructure, according to a study commissioned by the National Confederation of Industry (CNI) and published by the Folha de Sao Paulo daily.

• Monday, December 17th 2012 - 06:45 UTC

  Argentine frigate expected back in Buenos Aires early January

  

  “Once more we fulfill our promise, the Frigate is coming back,” was the first statement given by President Cristina Fernández over the ruling of the UN's International Tribunal for the Law of the Sea to release the ARA Libertad frigate.

• Monday, December 17th 2012 - 06:39 UTC

  Ghana government to review ruling on immediate release of Argentine vessel

  

  The Ghanaian government indicated on Sunday that it will review the recent ruling by the International Court for the Law of the Sea ordering the African nation to release the Argentine Navy Libertad frigate, which remains impounded there since October 2.

• Monday, December 17th 2012 - 06:29 UTC

  In January begins third phase of Argentine landmine clearance in the Falklands

  

  The third phase of explosive ordnance and landmine clearance in the Falkland Islands is scheduled to begin next January and extend until March 2013 and is programmed to concentrate in the surrounding of the capital Stanley.

• Monday, December 17th 2012 - 06:23 UTC

  HSBC Argentina also fined for failing to report suspicious transactions

  

  Argentina slapped a 30 million Peso (6 million dollars) fine on a local subsidiary of global banking giant HSBC for failing to report suspicious transactions, authorities here said Sunday.

• Monday, December 17th 2012 - 06:20 UTC

  China quarantines Argentine corn because of unapproved genetically modified strains

  

  Chinese authorities quarantined two containers holding corn from Argentina, after detecting genetically modified strains that had not been approved beforehand, alleged the Chinese buyer.

• Saturday, December 15th 2012 - 21:06 UTC

  Argentina pays GDP-linked bonds; Central bank reserves fall to lowest since 2007

  

  Argentina made payments of over 3.5 billion dollars on Friday in GDP-linked bonds which refer to the 2005 and 2010 rescheduling agreed with creditors who originally held 2001/02 defaulted sovereign bonds. At the same bank the Central bank revealed that international reserves have fallen to its lowest since 2007.