Argentina

Wednesday, February 1st 2012 - 06:34 UTC
Canadian mining company says it wants a “social licence” for controversial project in Argentina

The Canadian Osisko mining corporation has suspended a gold mining project in Argentina after protests by locals. Osisko said on Tuesday it would put its operation in north-western La Rioja province on hold if it did not get the backing of the local population which has been protesting for weeks.
Tuesday, January 31st 2012 - 05:35 UTC
Malvinas dispute a ‘bilateral issue’ which is not included in the EU agenda

European Union ambassador in Buenos Aires Alfonso Diez Torres said that the Falklands/Malvinas issue does not figure in the foreign affairs agenda of the EU, it’s a bilateral issue and he does not see any reason to amend the Lisbon treaty to exclude the disputed South Atlantic Islands as demanded by Argentina.
Tuesday, January 31st 2012 - 05:32 UTC
Uruguay industry accuses Argentina of systematically blocking exports

The Uruguayan industrial sector warned that certain members of the Mercosur “are failing to fulfil their obligations” and targeted Argentina directly by pointing out that the new trade regulations set by the local Government “are hurting production” in the neighbouring country.
Tuesday, January 31st 2012 - 05:24 UTC
Argentine government and organized labour clash in first day of a week of conflicts

The Argentine government as was anticipated by organized labour woke on Monday to the first day of a week of conflicts over salary and work conditions, taking as the leading case for the struggle the Argentine post office and its distribution fleet.
Tuesday, January 31st 2012 - 05:04 UTC
Shallow canals and low water levels obstruct Argentina’s main grains terminal

The grounding of two bulk carriers one in the Parana River and a second in the Martin Garcia access canal are evidence of the frail fluvial communications system between the River Plate and the Atlantic, reports the press from the port of Rosario, Argentina’s second largest city and among the world’s main grain export terminals.
Tuesday, January 31st 2012 - 04:54 UTC
Argentine province suspends open-pit gold mining project following protests

Argentine authorities suspended Canadian firm Osisko’s open-pit gold mining project in the north-western province of La Rioja amid grassroots protests and considerations of a possible referendum on the whole project.
Monday, January 30th 2012 - 23:08 UTC
With dwindling oil production Argentina floats idea of re-nationalizing YPF

YPF SA shares fell the most in 20 months after newspaper Pagina/12 said Argentine officials discussed a takeover of the country’s biggest oil producer, following a controversy with the oil industry over alleged fuel-price fixing and lack of investment which doubled the country’s fuel imports bill to 9.4 billion dollars in 2011.
Monday, January 30th 2012 - 23:02 UTC
Argentine industrial production forecasted to expand 6% to 7% in 2012

Argentine industrial production is expected to expand 6% to 7% this year, Industry Minister Debora Giorgi said in a statement Sunday. That would put industrial growth inline with 2011, when it rose 6.5%, according to the national statistics agency, Indec.
Monday, January 30th 2012 - 21:28 UTC
Argentina targeting “60 to 70 billion dollars” outside the financial system

In Argentina there are an estimated 60 to 70 billion dollars “outside the financial system” according to the head of the Financial Information Unit, FIU, which is the country’s office in charge of preventing and combating money laundering.
Monday, January 30th 2012 - 21:23 UTC
”Cristina Fernandez, the (elected) president with most power in the history of Argentina”

President Cristina Fernandez has more power than Juan Domingo Peron “ever had” and Peronism in Argentina is guarantee of governance, according to Carlos Corach a former Interior minister from former President Carlos Menem administration and a respected solicitor and political analyst.