Argentina

Saturday, June 2nd 2012 - 04:39 UTC
“We need political will on both sides” to reach agreement on Falklands/Malvinas says Argüello

By Rebecca Kendall (*) - It has been 30 years since the war over the Falkland/Malvinas Islands ended, but the question of sovereignty in the Islands, located 248 miles off the coast of Argentina, is still very much fresh in the minds of those closest to the issue, including Argentina’s Ambassador to the United States Jorge Argüello.
Saturday, June 2nd 2012 - 04:19 UTC
Argentine senator admits having lost his temper regarding his savings in dollars, “I regret it”

The most outspoken soldier of President Cristina Fernandez, Senator and former Cabinet Chief Aníbal Fernández regretted on Friday his controversial outburst on Thursday when he admitted having savings in dollars and it was nobody’s business what he did with his money.
Saturday, June 2nd 2012 - 03:50 UTC
Argentine construction slides and could worsen because of US dollar restrictions

Argentina's construction activity experienced a notable slowdown in April, the latest indicator pointing to a cooling of economic growth. Looking ahead prospects are not encouraging given the strict restrictions on US dollars, which is the main currency for real estate operations in Argentina.
Saturday, June 2nd 2012 - 03:42 UTC
Buenos Aires province farmers on 9 days commercial strike against higher taxes

Farmers Argentina's top agricultural province of Buenos Aires will halt sales of grains and livestock for nine days to protest against a tax hike passed by the local Congress on Thursday, threatening corn and soy shipments from a leading global exporter.
Saturday, June 2nd 2012 - 03:22 UTC
Argentine experts on alert in Athens to help with bail-out if Greece exits the Euro

American International Group Inc (AIG) has assigned staff from Argentina to advise their counterparts in Athens as the bailed-out insurer prepares for a possible Greek exit from the Euro.
Saturday, June 2nd 2012 - 03:17 UTC
Repsol’s only purpose was “to milk dry” YPF of resources and reserves

Argentine President Cristina Fernandez made the historic decision to nationalize oil and gas company YPF at “the right moment” because Repsol was “milking dry” YPF resources and reserves, said Planning Minister Julio De Vido and Deputy Economy minister Axel Kicillof at a press conference at the Economy ministry in Buenos Aires.
Friday, June 1st 2012 - 07:07 UTC
US delegation at OAS assembly will reiterate Falklands/Malvinas a bilateral issue

United States will reiterate at the coming OAS General Assembly that the Falklands/Malvinas Islands difference is a bilateral issue to be resolved between Argentina and the UK, which means the US delegation, will not take position in a possible declaration in support of Argentina.
Friday, June 1st 2012 - 01:33 UTC
Repsol regains 6% warranty-stake in YPF and now owns 12.43% of the company

Spain energy Group Repsol regained rights on a 6% warranty-stake in the Argentine oil and gas giant YPF after the Petersen Group, which used to own 25.46% of the company, lost it as the result of not having met payments for the loan through which they initially enter the business without paying a single cent.
Friday, June 1st 2012 - 01:24 UTC
Argentine top lawmaker admits having his savings in dollars “and I won’t sell them”

A top Argentine lawmaker came on stage (and lost his temper) when he had to explain why his savings are in dollars after the government of President Cristina Fernandez, including him personally, launched not only strong restriction policies on dollar purchases, but told the population to forget about dollars and start thinking in pesos.
Thursday, May 31st 2012 - 06:01 UTC
Confirmed: Cristina Fernandez will attend C24 meeting on Falklands next June 14

President Cristina Fernandez will be attending next June 14 the UN Decolonization meeting in New York where she is expected to make a strong case for Argentina’s claim over the disputed Falklands/Malvinas Islands.