Argentina

• Wednesday, June 27th 2012 - 18:43 UTC

  “A parliamentary system would not work in Argentina”, says chief Justice

  

  The head of Argentina’s Supreme Court Ricardo Lorenzetti played down the possibility of a parliamentary system in the country because it would represent an “upturn of 180 degrees”, besides there is no clear initiative to reform the constitution.

• Wednesday, June 27th 2012 - 08:38 UTC

  Petrobras Argentina second oil and gas strike in Patagonia’s Santa Cruz

  

  Petrobras Argentina, the local unit of Brazil's state-owned energy firm, said on Monday it had found new oil and natural gas resources in its Estancia Agua Fresca concession in the Patagonian province of Santa Cruz

• Wednesday, June 27th 2012 - 08:32 UTC

  Mexico preparing WTO case against Argentina over suspension of auto trade accord

  

  Mexico is prepared to take legal actions against Argentina after the government of President Cristina Fernandez announced its decision “to suspend” an automobile trade agreement.

• Wednesday, June 27th 2012 - 08:25 UTC

  Argentina reiterates it will honour bonds maturing in August and December

  

  Argentina will pay back 5.716 billion dollars in bonds maturing next August and December, several of them tied to GDP evolution, confirmed president Cristina Fernandez.

• Wednesday, June 27th 2012 - 08:14 UTC

  First organized labour national strike challenges President Cristina Fernandez

  

  For the first time in decades the powerful Argentine organized labour movement has confirmed it is going ahead with a much debated national strike against a Peronist government, which allegedly rests on support precisely from the unions and a long history of generous labour legislation.

• Tuesday, June 26th 2012 - 22:59 UTC

  Argentina’s next actions may impact fisheries beyond Falklands

  

  It is clear and nobody doubts that Argentina has taken a more robust and active attitude with respect to its sovereignty claims over the Falkland Islands and the adjacent South Atlantic zone, comprising Georgia and the Sandwich Islands, which continue under the FIFD's (Falkland Islands Fisheries Department) exclusive management.

• Tuesday, June 26th 2012 - 06:32 UTC

  Argentina/China sign a raft of agreements to boost trade and investment

  

  Argentina signed with China a raft of mostly farm-related agreements at a ceremony on Monday in Buenos Aires attended by Chinese Premier Wen Jiabao and his Argentine president Cristina Fernandez.

• Tuesday, June 26th 2012 - 06:25 UTC

  US Supreme Court rules in favour of Argentina and unfreezes funds

  

  The US Supreme Court on Monday rejected an appeal by two US investment funds that seek to seize 105 million dollars of Argentina's central bank deposits in New York to satisfy their claims from the country's huge debt default a decade ago.

• Tuesday, June 26th 2012 - 06:14 UTC

  Argentine major gas field remains blocked by striking workers that rampaged control offices

  

  American Energy said on Monday it has been unable to regain access to a strategically important oil and gas field it operates in Argentina's Chubut Province because protesters are blocking the roads leading to it.

• Tuesday, June 26th 2012 - 01:33 UTC

  Mercosur and Unasur leaders to hold a joint discussion next Friday in Mendoza

  

  Chilean president Sebastián Piñera revealed that next Friday during the regular Mercosur summit, the leaders of Unasur member states are scheduled to hold an extraordinary meeting to jointly address the political crisis in Paraguay triggered by the removal of President Fernando Lugo.