Argentina

• Sunday, May 6th 2012 - 05:56 UTC

  Malvinas-Olympic advert “not provocative” argues Argentine ambassador

  

  Ambassador to London, Alicia Castro, assured that the Malvinas-Olympic Games advert bought by the Argentine Government ‘is not a provocation’ and did not mean to offend the memory of First World War British combatants.

• Saturday, May 5th 2012 - 06:41 UTC

  Cristina Fernandez enacts YPF nationalization and oil and gas self-sufficiency law

  

  Argentine President Cristina Fernández enacted the YPF nationalization law, which was approved by the Lower House on Thursday. During a nation-wide televised speech from Government House, the Head of State also introduced the company’s new CEO, oil engineer Miguel Galuccio.

• Saturday, May 5th 2012 - 06:35 UTC

  Spain says Argentina should follow Bolivia example and pay a ‘fair price’ for YPF

  

  Toning down its initial strong reactions to the nationalization of Spanish controlled YPF Spain’s Foreign minister Jose Manuel Garcia Margallo said that Argentina should pay a “fair price” for the oil company citing a similar case in Bolivia this week.

• Saturday, May 5th 2012 - 06:31 UTC

  A successful oil and gas engineer with global experience, YPF next CEO

  

  A drilling engineer with a long experience in the oil and gas industry Miguel Galuccio, 44, will be taking over as of next Monday as manager of the nationalized YPF corporation, announced on Friday Argentine President Cristina Fernandez.

• Saturday, May 5th 2012 - 06:26 UTC

  Uruguay supports Argentina’s seizure of YPF but countries decide “proceedings”

  

  Uruguayan Foreign Minister Luis Almagro backed Argentina’s controversial decision to nationalize the country's biggest oil company YPF arguing countries’ right to recover a strategic market is “indisputable”.

• Saturday, May 5th 2012 - 06:22 UTC

  Argentine government ad campaigns increased 25 times since 2003, says Poder Ciudadano

  

  The Argentine government spent 1.225 billion Pesos (307.8 million dollars) in 2010 on public advertising campaigns, an increase of 25 times since 2003, according to a recent study released by Poder Ciudadano, the Argentine national chapter of Transparency International.

• Saturday, May 5th 2012 - 06:01 UTC

  Brazil received 5.4 million tourists in 2011 with Argentina providing 1.6 million

  

  Brazil received more than 5.4 million international visitors in 2011, up 5.35 from 2010, the Tourism Ministry announced Friday. The number of visitors from other South American nations rose from 2.384 million in 2010 to 2.628 million in 2011.

• Saturday, May 5th 2012 - 01:38 UTC

  IOC criticizes Argentina for involving the Games with politics and Falklands’ dispute

  

  The International Olympic Committee, IOC, criticized on Friday an Argentine television spot that links the London Games to Argentina's sovereignty dispute with Britain over the Falkland Islands, calling it a blatant attempt to use the games for political purposes.

• Friday, May 4th 2012 - 21:31 UTC

  Y&R holding condemns Falklands-Olympics spot and asks Argentine government to ban the ad

  

  WPP international advertising holding on Friday regretted a controversial TV spot showing an Argentine athlete training for the London Olympic Games in Port Stanley, Falkland Islands.

• Friday, May 4th 2012 - 17:21 UTC

  Falklands spot: Argentina trying to recover from “some diplomatic setbacks”, says Hague

  

  British Foreign Secretary William Hague has branded as a stunt an Olympic TV advert by Argentina featuring a hockey player training on the disputed Falkland Islands, described in the broadcast as “Argentine soil”.