Argentina

• Monday, February 6th 2012 - 21:59 UTC

  Argentina puts pressure on YPF: wants oil companies with long term investments

  

  Vice President Amado Boudou brushed aside ‘Repsol-YPF nationalization rumours’ and said Argentina is interested in oil companies that make long term investments and don’t fall prey of short term financial profits.

• Monday, February 6th 2012 - 07:22 UTC

  Close confident of Cristina Fernandez re-floats idea of a third consecutive mandate

  

  The rumours of a constitutional amendment in Argentina which could include a re-re-election review privileging a possible third consecutive mandate for President Cristina Fernandez have again resurfaced and this time by a close confident of the Kirchner family.

• Monday, February 6th 2012 - 07:16 UTC

  Uruguayan president downplays the impact of Argentine imports’ restrictions

  

  The new trade barriers enforced by the Argentine government are “insignificant, nothing to worry about,” Uruguayan president José Mujíca said to a Montevideo newspaper insisting that the best path is ‘dialogue’ dismounting each obstacle ‘step by step’.

• Sunday, February 5th 2012 - 07:26 UTC

  Malvinas conflict is diplomatic: “unnecessary ostentation of firepower” from UK

  

  Argentine Defence minister Arturo Puricelli described UK’s announcement to send state of the art and latest incorporation to the Royal Navy HMS Dauntless, and according to the London press a nuclear powered submersible, to the disputed Falklands/Malvinas Islands as “an unnecessary ostentation of fire power”

• Saturday, February 4th 2012 - 05:35 UTC

  Argentina organized labour leader again blasts the government

  

  The Argentine organized labour CGT umbrella union leader Hugo Moyano once again blasted the government insisting he doesn’t understand the “fine-tuning” metaphor that President Cristina Fernández used to refer to subsidy cuts.

• Saturday, February 4th 2012 - 05:31 UTC

  Argentine 2011 car sales in domestic market set to establish a new record

  

  Argentine auto sales rose 8.2% in January from a year earlier to 112,607 units, the car dealers’ association Acara said in an e-mailed report on Friday. January’s sales were 43.5% more than December’s, the report said.

• Saturday, February 4th 2012 - 05:25 UTC

  Argentina eliminates tax breaks for big oil and gas companies

  

  Argentina has cut 461 million dollars in annual tax breaks granted as investment incentives to big oil companies operating in the country, the government said on Friday, as part of a wider austerity program.

• Friday, February 3rd 2012 - 23:04 UTC

  Brazil follows Argentina: sets up a special unit to monitor and control imports

  

  Following on Argentina’s track the Brazilian government created a special unit to monitor and control imports in the framework of the country’s new trade policy implemented by the administration of President Dilma Rousseff.

• Friday, February 3rd 2012 - 18:01 UTC

  Aerolíneas receives a daily government support of over 2 million dollars

  

  Argentina’s flag carrier ended the last twelve months with a drop in the number of passengers transported, totalling 6.017.886, which is 5.97% less than in 2010. However income from the sale of tickets reached 1.334 billion dollars, which is 14% higher, according to the latest numbers available.

• Friday, February 3rd 2012 - 17:56 UTC

  Brazilian minister travels to Argentina to discuss latest set of import obstacles

  

  Brazilian Secretary of Foreign Trade Tatiana Prazeres will be travelling to Buenos Aires next Monday to address with Argentine counterparts the extent of the last set of measures implemented by the administration of President Cristina Fernandez to slow down the flow of imports.