Argentina

Monday, November 26th 2012 - 18:29 UTC
Ambassador Argüello says Argentina will not pay the price of the ‘North’s financial irrationality’

Argentina’s Ambassador to the United States, Jorge Argüello, assured on Monday that “Argentina will not pay the price for the financial irrationality of the North“, and under no circumstances ”will tolerate the vulture funds’ blackmailing.”
Monday, November 26th 2012 - 07:30 UTC
Crucial week for Argentina’s bonds’ dispute with ‘technical default’ fears looming

The Argentine government will appeal on Monday the New York federal court ruling from Thomas Griesa which orders the country to pay 1.3billion dollars to the investment funds which held out from the (2005 and 2010) restructuring of the 2002 defaulted sovereign debt.
Monday, November 26th 2012 - 07:19 UTC
Falklands’ March 10/11 referendum, a democratic exercise of self determination

The Falklands referendum on March 10/11 is designed to simply ask the people of the Islands to state clearly their wishes regarding their political status, and this is supported by democratic practice, the UN guiding principle of self determination and even by Ban Ki-moon in recent reports in the Argentine press, said lawmaker Dick Sawle.
Monday, November 26th 2012 - 04:46 UTC
Argentina heading for its first negative balance in tourism in ten years

For the first time since 2002 Argentina is forecasted to end the tourism year with a negative balance totalling 2.3 billion dollars compared to a positive one of 304 million dollars in 2011, according to consultants Ecolatina.
Saturday, November 24th 2012 - 15:34 UTC
Argentina insists with Malvinas during UN ceremony with Ban Ki-moon

Argentina is strongly committed with multilateralism and trusts in the UN to reach a fair, peaceful and long lasting solution to the sovereignty dispute in the Malvinas issue, said Ambassador Maria Cristina Perceval during her Friday credentials presentation ceremony with Secretary General Ban Ki-moon.
Friday, November 23rd 2012 - 23:20 UTC
Mujica calls for prudence with salaries: “look at what is happening on the other side (Argentina)”

Uruguayan president Jose Mujica appealed to workers and entrepreneurs to avoid an escalation of salaries and prices which leads “to all sort of fiddling” as is happening in Argentina.
Friday, November 23rd 2012 - 13:10 UTC
Argentina wheat forecast down because of flooding in key parts of farm belt

Argentina's government cut this season's wheat output forecast, citing three months of heavy rains that started in August and flooded key parts of the Pampas farm belt, the Agriculture Ministry said on Thursday.
Friday, November 23rd 2012 - 05:24 UTC
Argentina to request on Monday a review of US Judge Griesa latest ruling

Argentine Economy Minister Hernán Lorenzino assured during a press conference on Thursday that “paying off the vulture funds is illegal,” and said that the ruling by US District Judge Thomas Griesa against Argentina is “unfair”.
Friday, November 23rd 2012 - 01:46 UTC
Roubini warns Argentina is heading for a highly vulnerable “State capitalism”

Argentina is adopting measures that impact negatively on investors and consumers confidence warned US economist Nouriel Roubini who became world famous for having anticipated the international crisis of the sub-prime mortgages and junk bonds.
Thursday, November 22nd 2012 - 22:56 UTC
Argentine navy short on spares and resources for training and maintenance

The Argentine navy is not going through one of its great moments, not only because of the impounded flagship ARA Libertad in Ghana and the ARA Espora stranded in South Africa waiting for spares. The rest of the fleet is suffering the consequences of years of lack of maintenance and training with corvettes, destroyers and even submarines involved in mechanical and conducting incidents.