Argentina

• Wednesday, January 18th 2012 - 05:12 UTC

  Drought emergency in central Argentina and Paraguay but no sufficient rains on sight

  

  Argentine corn and soy farms will suffer from hot weather and scant rains for the rest of this week, forecasters said on Tuesday, increasing worries that crop losses will eat into global supplies.

• Wednesday, January 18th 2012 - 05:06 UTC

  Argentina wins US appeal against ruling awarding compensation to British Gas

  

  Argentina won a US appeals court decision throwing out a 185 million dollar award to the UK BG Group Plc, which claimed the country’s freeze on natural gas prices caused the bankruptcy of a local gas distributor it controlled.

• Wednesday, January 18th 2012 - 03:13 UTC

  Argentine defaulted bonds dispute reaches the US Supreme Court

  

  The US Supreme Court has asked President Barack Obama's administration for its views of a ruling that unfroze 105 million dollars of Argentina's central bank deposits in a setback for two US investment funds that sought to seize the money to satisfy their claims from Argentina’s debt default a decade ago.

• Tuesday, January 17th 2012 - 06:41 UTC

  Argentine government and Moyano try to set ground rules for future relationship

  

  In another round of the ongoing battle between the Argentina government and the leader of organized labour Hugo Moyano, Interior Minister Florencio Randazzo stated that “if the union leaders are really representatives of the working class, there is no possibility of a divorce between the CGT Labour Confederation and the national government”.

• Tuesday, January 17th 2012 - 06:38 UTC

  Volcanic ashes again isolate Argentine ski and summer resort causing massive losses

  

  The presence of a cloud of ash caused by a volcano in Chile has again closed an airport in neighbouring Argentina just days after it had re-opened anticipating massive losses for the tourism and the resort’s finances.

• Monday, January 16th 2012 - 19:32 UTC

  Falklands’ conflict gunner meets Skyhawk pilot he shot down, at his home in Argentina

  

  A Royal Navy veteran from the Falklands War has completed an extraordinary journey to meet the Argentine pilot he thought he had shot down and killed during the 1982 conflict.

• Monday, January 16th 2012 - 02:45 UTC

  Argentine government and farmers clash over drought emergency support

  

  As extreme drought conditions punish Argentina’s crops throughout the country farmers’ organizations are at loggerheads with the government of President Cristina Fernandez, which is refusing to increase the emergency fund for such situations and to alleviate the tax burden.

• Saturday, January 14th 2012 - 06:25 UTC

  Argentine ‘official’ annual inflation, 9.5%; wholesale prices up 12.7%

  

  Argentina’s official inflation in 2011 reached 9.5%, following on December’s Consumer Prices Index (IPC) of 0.8%. Both percentages from the National Stats bureau, Indec are disputed by the Congressional index and private sector estimates which stand at a floor of 22.8% and 1.9%.

• Saturday, January 14th 2012 - 06:16 UTC

  Bolivia ratifies complete support for Argentina’s Malvinas sovereignty claim

  

  Bolivian president Evo Morales said the Malvinas Islands are Argentine and gave full support to his peer Cristina Fernandez siding with Mercosur in the dispute with the UK over the South Atlantic Islands sovereignty and the latest decision to bar all Falklands flagged vessels from regional ports.

• Saturday, January 14th 2012 - 06:03 UTC

  Brazil warns it is ready to respond to Argentina’s new trade restrictions

  

  Brazil's government is ready to respond to Argentine trade restrictions introduced this week but will evaluate the impact of the measures before making any retaliatory moves, trade officials said Friday.