Argentina

• Tuesday, March 27th 2012 - 12:52 UTC

  Brazil extends tax cuts on appliances but manufacturers must not lay-off workers

  

  Brazil announced extended tax cuts on appliances such as refrigerators and washing machines, and reduced levies on other goods, as it seeks to help manufacturers hurt by a slowdown in economic growth and a surge in imports.

• Tuesday, March 27th 2012 - 12:31 UTC

  World’s main food suppliers host FAO regional conference in Buenos Aires

  

  Food and Agriculture Organization, FAO, opened Monday its Latin America and Caribbean Regional Conference in Buenos Aires which will extend until next Friday when it will announce the issues that will guide FAO actions worldwide.

• Tuesday, March 27th 2012 - 12:11 UTC

  Import barriers and inflation change Argentina’s industrial production scenario

  

  Argentina's industrial production fell unexpectedly in February, after 28 consecutive months of expansion, as weaker demand from Brazil hit the key automobile sector. Industrial output fell 0.8% from February 2011 and slid 1.4% from the previous month, said Indec.

• Tuesday, March 27th 2012 - 11:25 UTC

  Cristina Fernandez to lead main Malvinas war commemoration from Ushuaia

  

  Argentine president Cristina Fernandez will head next 2 April the main ceremony remembering the 30th anniversary of the Malvinas war when Argentine forces invaded the Falklands and held them for 74 days until ousted by a British Task Force

• Tuesday, March 27th 2012 - 03:31 UTC

  Argentine economy expands 5.5% in January but activity index is down 0.4% over December

  

  The Argentine economy grew 5.5% in January compared to the same month last year, according to a release from the Indec national statistics bureau. Official data also reported that the monthly economic activity index (EMAE) fell 0.4% against the previous month.

• Tuesday, March 27th 2012 - 03:21 UTC

  US remembers Argentina debts must be honoured and suspends trade benefits

  

  Buenos Aires released a statement on Monday “regretting” US President Barack Obama's decision to suspend Argentina from the US Generalized System of Preferences program, which waives import duties on thousands of goods from developing countries.

• Tuesday, March 27th 2012 - 02:11 UTC

  The Summit of the Americas will discuss the Falklands/Malvinas issue

  

  The UK/Argentina Falklands/Malvinas dispute is among the short list of topics to be discussed at the coming VI Summit of the Americas, announced on Monday Colombian Foreign Affairs minister Maria Angela Holguin.

• Monday, March 26th 2012 - 08:59 UTC

  Printing money does not lead to inflation, argues Argentine central bank president

  

  The president of Argentina’s Central Bank (BCRA), Mercedes Marcó del Pont, stressed the importance of the recently approved bank’s charter reform and denied that printing currency leads to the creation of an inflationary state “since inflation is rooted in other causes”.

• Monday, March 26th 2012 - 08:30 UTC

  Argentina to raise oil export price to 63 dollars per barrel from the current 42

  

  Argentina’s Energy Secretary Daniel Cameron will propose that oil prices for export be raised to 63 dollars per barrel from the current 42 dollars, the Argentine newspaper La Nacion reported Sunday on its website.

• Monday, March 26th 2012 - 08:18 UTC

  Argentine province of Salta joins the pack and revokes YPF oil concessions

  

  As was anticipated yet another Argentine province, Salta, announced Sunday its decision to revoke a concession from Spanish held oil company YPF. The governor from the north-west province of Salta, Juan Manuel Uturbey, and a close ally of President Cristina Fernandez, announced his decision to revoke oil company YPF concession of the Tartagal Oeste area and his intention to include it in a list of areas that will be put out to tender.