Argentina

• Saturday, April 28th 2012 - 06:07 UTC

  In a massive rally CFK reaffirms YPF seizure and thanks the opposition’s support

  

  Argentine President Cristina Fernandez in a massive political rally on Friday defended her policy to seize YPF from Spain’s Repsol, thanked the opposition for their legislative support and called on the new generations to defend the “historic legacy”.

• Saturday, April 28th 2012 - 06:05 UTC

  Argentine imports’ policy again accused of protectionism at a WTO committee

  

  Argentina was accused once more of “protectionism” at the meeting of the Imports License Committee of the World Trade Organization (WTO) in what can lead to a trade dispute with forty countries.

• Saturday, April 28th 2012 - 05:41 UTC

  Forty countries worldwide celebrated Malbec Day, Argentina’s emblematic grape and wine

  

  Wine enthusiasts across the globe gathered to celebrate World Malbec Day, a great opportunity for novices and connoisseurs alike to sample some of Argentina’s flagship varietal.

• Saturday, April 28th 2012 - 05:09 UTC

  Brazil will increase military presence in the Amazon to protect natural resources

  

  Brazil will boost its military presence in the Amazon region to protect its huge natural resources from any external threat, Defence Minister Celso Amorim told the Senate on Thursday.

• Friday, April 27th 2012 - 11:30 UTC

  Timerman replies to De Gucht rejecting “unacceptable” arguments and “tone”

  

  Argentine Foreign Minister Héctor Timerman said the recent criticism from the European Trade Commissioner Karel De Gucht regarding the YPF expropriation is “unacceptable,” and assured that it “surprised him due to his tone and approach”.

• Friday, April 27th 2012 - 09:33 UTC

  Argentine Securities Commission puts more pressure on Falklands’ oil industry

  

  Argentina’s National Securities Commission, CNV, announced on Thursday that it will inform UK regulatory authorities on the legal actions to be undertaken by the Argentine state against oil companies “illegally operating in the Malvinas Islands”.

• Friday, April 27th 2012 - 09:24 UTC

  Government organizing massive display in support of President Cristina Fernandez

  

  Argentine president Cristina Fernandez will be leading on Friday a massive demonstration of support in a Buenos Aires stadium in the midst of an international controversy over the seizure of 51% of YPF from Spain’s oil conglomerate Repsol.

• Friday, April 27th 2012 - 02:40 UTC

  Argentina appeals to 5.7bn dollars Central bank reserves to pay sovereign debt

  

  As was anticipated in the Argentine 2012 Budget the government is appealing to Central Bank reserves to pay sovereign debts. According to a resolution published in the Official Gazette, a Treasury bill equivalent to 5.674 billion dollars will be repaid to the bank in several instalments during ten years.

• Friday, April 27th 2012 - 02:37 UTC

  US admits relations with Argentina are “difficult” and calls for positive attitude

  

  US Assistant Secretary of State for Western Hemisphere Affairs Roberta Jacobson asked Argentina to go back to having a “positive” relationship with the international financial community and its creditors.

• Thursday, April 26th 2012 - 21:51 UTC

  YPF seizure has sent “shockwaves” globally; Argentina will “suffer consequences”

  

  European Trade Commissioner Karel De Gucht said Argentina is in for long term consequences after sending “shockwaves” internationally with the announced plans to expropriate 51% of YPF shares owned by Spain-based Repsol oil and gas company.