Argentina

• 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.

• Friday, April 26th 2013 - 08:00 UTC

  President Rousseff calls on Vale to dialogue with Argentine authorities

  

  Brazilian president Dilma Rousseff said during a joint conference with her Argentine peer Cristina Fernández at Government House in Buenos Aires that she was certain the Vale mining company “would find a way to reach an agreement with the Argentine authorities” on the suspended project.

• Friday, April 26th 2013 - 07:36 UTC

  Argentina industrial production down in March and in first quarter compared to 2012

  

  Argentina’s industrial output registered a 0.3% drop in March year-on-year, according to Indec the official statistics bureau. The report stated that the manufacturing activity climbed 1.5% compared to February and dropped 0.4% annually in the first three months.

• Friday, April 26th 2013 - 07:20 UTC

  In chaotic session Argentina approves controversial bills of the judicial reform

  

  Argentina’s Lower House passed early Thursday morning after an overnight and at time chaotic debate the most controversial bills contained in a judicial reform which the administration of President Cristina Fernandez is obsessed in having approved before mid May.

• Friday, April 26th 2013 - 01:36 UTC

  Argentines in ‘expectations panic’ paid a record 9.20 Pesos for the US dollar

  

  The US dollar in Argentina’s parallel or ‘blue’ market continued to soar on Thursday reaching a new record high of 9.16 and 9.20 Pesos buying and selling price which over twenty cents more than on Wednesday.