Argentina

• Tuesday, July 10th 2012 - 05:27 UTC

  Defence minister Puricelli: Argentina’s Malvinas sovereignty claim is a regional commitment

  

  Argentine Defence minister Arturo Puricelli said that in the same way “the independence of the Argentines is the independence of the region”, the defence of Argentina is also the defence of the region and in this framework of integration Argentina’s sovereignty claim over the Malvinas Islands is a regional commitment.

• Tuesday, July 10th 2012 - 05:24 UTC

  Cristina Fernandez on Independence Day calls for unity and support for the economic model

  

  Argentine President Cristina Fernández made a strong call to unity and to defend the economic model during the main celebrations of the 196th anniversary of the Argentine Declaration of Independence held at San Miguel de Tucumán.

• Tuesday, July 10th 2012 - 05:19 UTC

  “Activity level has dropped” says Argentine industrial union chief

  

  The head of the Argentine Industrial Union, José Ignacio de Mendiguren, admitted that “it's clear that the activity level has dropped,” and warned that “the construction-related sectors delay the new projects.”

• Tuesday, July 10th 2012 - 05:15 UTC

  Pork for apples opens the way to normalize frozen Argentine/Brazilian trade

  

  After two months of waiting, Brazil authorized the entry of apples from Argentina’s Alto Valle of Rio Negro and Neuquen. The news, which brings relief to local exporters, came after Argentina reopened its market to pork from Brazil.

• Monday, July 9th 2012 - 19:59 UTC

  Morgan Stanley cuts Argentina’s growth estimates and forecasts 2013 devaluation

  

  Morgan Stanley has cut its 2012-13 growth forecasts for Argentina and forecasts a sharp devaluation of the Argentine peso next year as the economy starts to unravel amid high inflation and policy missteps.

• Monday, July 9th 2012 - 05:59 UTC

  Chavez announces trip to Brazil for Venezuela’s formal admission to Mercosur

  

  President Hugo Chavez said he will be attending at the end of July the coming Mercosur meeting in Brasil when Venezuela will officially become the group’s fifth full member, a decision that has proved controversial and exposed differences inside the Common Market of the South.

• Saturday, July 7th 2012 - 05:15 UTC

  Argentina ends double taxing treaty with Chile which was running since 1976

  

  Chilean Foreign Minister Alfredo Moreno regretted Argentina’s decision to end a double taxing agreement which was running since 1976 and exempts Chileans and Argentines making business in the neighbouring country from paying taxes as long as they are already contributors at home.

• Saturday, July 7th 2012 - 00:58 UTC

  Argentina to pay maturing debts in third quarter with central bank reserves

  

  The Argentine central bank will affect 4.165 billion dollars from the bank’s freely available reserves to honour government debt maturing in the third quarter, it was officially announced.

• Saturday, July 7th 2012 - 00:35 UTC

  Argentine central bank announces “pesification” of real estate operations

  

  Following the official new curbs on US dollar purchasing for savers, the head of the Argentine Central Bank Mercedes Marcó del Pont came on stage to defend the measure and anticipate that operations in the real estate market will have to be done in Argentine Pesos.

• Friday, July 6th 2012 - 07:11 UTC

  Mexico follows on Argentina and withdraws from zero-tariff accord for auto industry

  

  Mexico has withdrawn a zero-tariff agreement with Argentina on autos in a tit-for-tat trade dispute after the Argentine government's decision to pull out of an auto trade pact between the two countries.