Argentina

• Thursday, February 9th 2012 - 07:44 UTC

  Argentina limits daily financial transaction per person to 1.000 Pesos (230 dollars)

  

  Argentina limited the use of cash in the country’s financial markets as President Cristina Fernandez tightens oversight of currency transactions to help contain capital flight and prepare for what is anticipated a ‘difficult’ year for the Treasury and the Argentine economy.

• Thursday, February 9th 2012 - 07:42 UTC

  Argentine importers warn about ‘complications’ with new imports scheme

  

  The head of the Importers Chamber of Argentina, Diego Pérez Santisteban, warned that the new imports controls applied by the government “is complicated,” and affects the bigger companies more than the small and medium ones of the sector.

• Thursday, February 9th 2012 - 07:40 UTC

  Argentine ‘Congress index’ shows January inflation reached 1.9%

  

  Argentine congress members announced on Wednesday that the inflation index for January based on an average of private sector estimates reached 1.9%, similar to the previous month of December.

• Thursday, February 9th 2012 - 07:37 UTC

  Argentina has the (Central bank) cash to take over YPF, says Barclays Capital

  

  Argentina has the cash reserves to make a tender offer for Repsol-YPF SA local unit, the country’s largest energy company, and will likely put further pressure on the industry to boost output, has stated Barclays Capital.

• Wednesday, February 8th 2012 - 23:38 UTC

  Turn on your ‘sepoy’ detector and weed out the ‘anti-Malvinas traitors’

  

  Jorge Lanata is one of Argentina’s most famous and fierce journalists, feared by politicians and union leaders, famous for uncovering corruption and confronting the sacred cows of the country’s establishment. This week he made some controversial comments about the Malvinas Islands which rocked the whole country.

• Wednesday, February 8th 2012 - 23:28 UTC

  Argentina has no more claim to the Falklands than Canada does to Alaska

  

  Argentina has no more claim to the Falklands than Canada does to Alaska Giving the Falkland Islands to Argentina makes as much sense as giving Alaska to Canada: none whatsoever, says George Grant.

• Wednesday, February 8th 2012 - 22:14 UTC

  US diplomacy reiterates Falklands/Malvinas sovereignty is a bilateral issue

  

  The US Acting Assistant Secretary for Western Hemisphere Affairs, Roberta Jacobson, ratified the Obama administration’s standing on the Falklands/Malvinas sovereignty issue, which urges Argentina and the United Kingdom to find a diplomatic exit to the matter.

• Wednesday, February 8th 2012 - 22:03 UTC

  Why you can’t find a Big Mac on Argentina’s Mc Donald’s menu?

  

  Argentina’s booming economy has been one of the few bright lights in an otherwise gloomy global financial picture the last few years. But inflation of up to 25% threatens that growth. It's one of the world’s highest inflation rates, reports the US public funded Public Radio International.

• Wednesday, February 8th 2012 - 20:24 UTC

  Argentina’s night of “show-biz” leaves Falkland Islanders feeling bemused?

  

  The night of “show-biz” glitz, light-shows, orchestrated crowds and even musical allusions, that surrounded Tuesday night’s announcement on the Falklands by Argentine President Cristina Fernandez from the Casa Rosada has left Falkland Islanders on the streets of Stanley feeling slightly bemused at the scenes, considered by many to be more reminiscent of the half-time entertainment at a Super-Bowl than a political debate.

• Wednesday, February 8th 2012 - 20:16 UTC

  Furious Malvinas war veterans attack lawmaker; claim they were ‘manipulated’

  

  A group of Malvinas war veterans assaulted Tuesday evening an Argentine lawmaker as he exited Government House following President Cristina Fernandez Malvinas war “give peace a chance” speech. He had to be rescued by the police and driven away in his car.