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.

• Thursday, May 31st 2012 - 02:46 UTC

  “Dollar clamp” cases will be dealt in the courts warns Argentine Chief Justice

  

  In spite of the barrage of statements is support of currency exchange controls (or clamped dollar) implemented by the Argentine government, the Supreme Court chief justice admitted that it could soon have to deal with complaints.

• Thursday, May 31st 2012 - 01:46 UTC

  Argentina after a more balanced trade with the US, says Ambassador Argüello

  

  Argentine Ambassador to US Jorge Argüello stated on Wednesday that the best way to reach a more balanced trade with the US is increasing Argentine exports to that country and clarified that Argentina has no plans to buy less, but rather selling more goods.

• Wednesday, May 30th 2012 - 04:43 UTC

  If lucky at the end of the labyrinth, CFK might bless you with a few bucks

  

  The following is an instructive of the steps to follow in the labyrinth set up by the Argentine bureaucracy to have access to a limited amount of US dollars. The instructive should help clear some of the latest measures implemented by the administration of President Cristina Kirchner and was published on Tuesday by The Buenos Aires Herald and Ambito Financiero.

• Wednesday, May 30th 2012 - 04:30 UTC

  Argentines will have “to change their mentality and start thinking in Pesos”

  

  Argentine Senator Aníbal Fernández and Interior Minister Florencio Randazzo came on stage in defence of the new restrictions placed on the purchase of dollars by assuring “they are there to preserve the value of the currency,” and that further actions might be taken.

• Tuesday, May 29th 2012 - 06:05 UTC

  “Malvinas for Argentina and sea for Bolivia” battle cry at next OAS assembly

  

  Bolivian president Evo Morales announced on Monday he will request at the coming Organization of American States, OAS General Assembly to be held in Cochabamba that the issues of Malvinas Argentine sovereignty and a sea outlet for Bolivia be discussed.

• Tuesday, May 29th 2012 - 04:12 UTC

  Argentine human rights lawyer to become FIFA first head of Ethics Committee

  

  FIFA, the official international governing body of football is set to appoint top human rights lawyer Luis Moreno Ocampo as the first head of the new Ethics committee’s investigation arm.

• Tuesday, May 29th 2012 - 00:14 UTC

  Dollar restrictions target money of ‘non-declared origin’ argues Argentine Senator

  

  Argentine Senator and former cabinet chief Anibal Fernandez strongly defended on Monday restrictions imposed by the government on dollar purchases arguing it would be “suicidal” to return to a flexible scheme which he insisted was implemented in defence of “the interests of Argentina”.