Argentina

• Friday, May 11th 2012 - 03:49 UTC

  Argentine April inflation 2.16% and 23.45% in 12 months according to ‘Congress-index’

  

  April inflation in Argentina averaged 2.16% accumulating 23.45% in the last twelve months, --more than double the official index-- according to the monthly release from opposition members of Congress based on information from private economic consultants.

• Friday, May 11th 2012 - 01:24 UTC

  Brazil underlines the “great political convergence” with Argentina in spite of trade differences

  

  Foreign Minister Antonio Patriota praised the “great political convergence” between Argentina and Brazil and assured that any existing problems related to the bilateral trade “do not tarnish this very strong reality.”

• Thursday, May 10th 2012 - 20:03 UTC

  Cristina Fernandez looks for new friends: Hollande and Putin

  

  Argentina’s Cristina Fernández spoke to French president- elect François Hollande and newly elected Russian president Vladimir Putin to congratulate them on their wins and agreed to meet them both in the next G20 meeting in Mexico.

• Thursday, May 10th 2012 - 16:13 UTC

  Argentine government re-activates national committee of Malvinas combatants

  

  The Argentine government reactivated the National Committee of former Malvinas combatants which will support legal actions against crimes committed by Argentine officers during the 1982 conflict and demand DNA tests to identify the 123 remains buried in the Darwin cemetery in the Falklands.

• Thursday, May 10th 2012 - 01:03 UTC

  Argentine government and Repsol partners in YPF’s asset striping claims former minister

  

  A former Argentine Energy and Industry secretary questioned the energy policy of President Cristina Fernandez administration but also strongly criticized Spain’s Repsol management of the recently seized YPF.

• Wednesday, May 9th 2012 - 20:56 UTC

  Mercosur “going through its worst moment in history” claims Uruguay

  

  Uruguay’s Vice-president Danilo Astori said Mercosur is going through its worst moment in history because some of its members in practical terms “are denying the most basic principles”.

• Wednesday, May 9th 2012 - 17:51 UTC

  Argentina says UK/Latam relations could falter if Falklands issue remains unsolved

  

  British relations in South America could falter if the UK Government refuses to hold talks on the Falkland Islands sovereignty with Argentina, the country’s ambassador to London said this week.

• Wednesday, May 9th 2012 - 08:24 UTC

  CFK says nationalization is not rooted in ideology or populism, but disastrous private management

  

  Argentine President Cristina Fernández vindicated on Tuesday the nationalization of public services and said that all decisions made “are not rooted in ideology or populist decisions. It’s the disaster caused by the concessionary companies that forces us to intervene”.

• Wednesday, May 9th 2012 - 08:21 UTC

  Argentine Vice President, in Washington, invited US oil companies to invest in YPF

  

  Argentine Vice President Amado Boudou on Tuesday urged US companies to invest in YPF, the nationalized oil company that Argentina recently expropriated from Spain's Repsol.

• Wednesday, May 9th 2012 - 08:15 UTC

  Brazil ready to boost trade with Argentina but demands “compromise” on lowering barriers

  

  The potential to treble imports from Argentina in a few years was underlined by Brazilian manufacturers but there must be a “compromise of reciprocity” to lower trade barriers since currently “we known they are higher on the Argentine side”.