Argentina

• Wednesday, May 23rd 2012 - 03:56 UTC

  Spain, on the edge of a financial cliff, cancels all development aid to Latin America

  

  The Spanish government announced this week it was cancelling all development aid to Latin American countries as a direct consequence of the financial strains the EU member is suffering, which is the worst in decades with record unemployment of 24%.

• Wednesday, May 23rd 2012 - 01:53 UTC

  Chile not interested in joining G20 at the expense of Argentina’s membership

  

  Chile is not interested in joining the G-20 of leading advanced and emerging economies if that means sacking Argentina, said President Sebastián Piñera administration’s spokesperson, Andres Chadwick.

• Tuesday, May 22nd 2012 - 18:29 UTC

  Royal Navy says HMS Talent reports are “mere media speculations”

  

  Royal Navy Commander Mark Southorn said on Tuesday that news informing of the sending of the HMS Talent nuke submarine to the Falkland Islands are “mere media speculations”.

• Tuesday, May 22nd 2012 - 06:09 UTC

  Argentina proposal to increase Mercosur common external tariff from 22% to 35%

  

  Argentina is planning to propose its fellow Mercosur members to increase the common external tariff, CET from the current 22% to 35%, when they meet at the next summit in Mendoza. Argentina currently holds the pro tempore chair of the group and at the coming summit the helm will be transferred to Brazil.

• Tuesday, May 22nd 2012 - 06:00 UTC

  Argentine frozen chips retained in the border because of trade dispute with Brazil

  

  Canada’s Mc Cain has suspended production of frozen chip potatoes in Argentina because of the trade barriers which impede exports to Brazil in the framework of a bilateral dispute that is limiting the flow of goods both ways.

• Tuesday, May 22nd 2012 - 03:47 UTC

  Argentina’s 12-month inflation expectations remain steady above 30%, says UTDT

  

  Argentina's 12-month inflation expectations held steady for a third straight month at over 30% in May, according to the median estimate in a survey published by the Torcuato Di Tella University.

• Tuesday, May 22nd 2012 - 03:07 UTC

  German oil company ignores YPF seizure and keeps expanding activities in Argentina

  

  Germany's Wintershall, the oil and gas arm of chemicals group BASF, said on Monday it was unperturbed by the enforced nationalisation of Argentine oil company YPF, having just been awarded another oil and gas licence there.

• Monday, May 21st 2012 - 02:17 UTC

  Google Earth will tell the world that Patagonia is coming out of the ashes

  

  Ash-victims in Argentina from the Chilean Puyehue volcano eruption are mounting a huge sign to the picked up by the Earth Google satellite inviting world tourists to return to Patagonia. The project should be finished in coming weeks and is promoted by the NGO Solidarity Network Argentina.

• Monday, May 21st 2012 - 01:25 UTC

  Bargains forecasts in Uruguay as Argentine investors withdraw funds following new bank rules

  

  By Dean Steinbeck (*) As much as it defies common sense, Uruguay entered into a tax sharing agreement that will scare off Argentine investors; the same group of people who are Uruguay’s biggest source of capital, investment, and innovation.

• Saturday, May 19th 2012 - 14:21 UTC

  Argentine activity expands 4% in March but continues steady deceleration

  

  Argentina's economic activity slowed in March to 4% year-on-year continuing a steady deceleration from the China-like rates seen through October, government data showed on Friday.