
Argentina's government appointed an observer Thursday to oversee business operations at the power distributor Edesur SA, after the company reportedly failed to make a payment to a regulatory company.

Argentina's 2011/12 soy harvest has come at an expected 39.9 million tons, but 20% lower than the previous year's crop after a Pampas dry spell dashed early-season hopes of bumper crop, the Buenos Aires Grains Exchange said on Thursday.

Argentina’s CGT Central Labour Confederation leader Hugo Moyano, who on Thursday was re-elected for a third period during the umbrella organization’s congress warned that “we will have to rethink our vote in 2013 if the Government (of President Cristina Fernandez) does not give an answer to our claims.”

The British government must exercise more caution in granting licences for the export of arms, according to a parliamentary report which mentions authoritarian regimes such as Bahrain but also areas of direct concern for UK such as Argentina and the Falklands.

The Argentine powerful organized labour unions, CGT is heading for a fracture from the moment two different congresses have been convened at different dates, one of them supportive of President Cristina Fernandez’ administration and the other entirely in the opposition.

Venezuela’s president Hugo Chavez running for re-election received a considerable boost for his campaign from his peer and political associate President Cristina Fernandez when it was revealed that Argentine inflation in the first half was over two digits.

The stagnation of the Argentine economy at the end of the first half of the year is “palpable” and so is tension in the money exchange market because of the restrictions on the purchase of US dollars imposed by the government of President Cristina Fernandez, according to a report from economic advisors Ecolatina from Buenos Aires.

Uruguay’s Economy minister Fernando Lorenzo expressed concern about the deteriorating indicators from the Argentine economy which could have a negative impact on the country’s activity.

Argentina’s National Institute for Fisheries Research and Development, Inidep, announced the development of software that can process, validate and/or automatically calibrate satellite night images of jiggers operating for squid at the 201 mile.

The Argentine ambassador in London Alicia Castro said that South America has reached such a degree of unity that it is possible to think “on the defence of Argentine sovereignty over the Malvinas in regional terms”.