Argentina

• Tuesday, August 30th 2011 - 03:42 UTC

  Business leaders and organized labour ignore Argentina’s official inflation index

  

  Following the agreement which raised the Argentine minimum wage by 25%, equivalent to 549 dollars per month, business leaders and representatives from the labour unions admitted that when it comes to salaries negotiations the official inflation index from the government statistics office, Indec, “is not taken into account”.

• Tuesday, August 30th 2011 - 03:39 UTC

  Argentina expects another car production record next year: a million units

  

  The Argentine automobile industry will expand its production capacity to a million units annually by 2012 following on the expected record production of 840.000 this year boosted by domestic demand and exports to brazil, said Anibal Borderes president of the country’s Automobile Manufacturers Association, Adefa.

• Saturday, August 27th 2011 - 07:31 UTC

  Argentine president campaigns in farm heartland not so long ago ‘enemy territory’

  

  Argentine president Cristina Fernandez de Kirchner made on Friday a deep incursion into the province of Buenos Aires farmland where she headed the inauguration of a railway line which will reactivate the train service connecting twenty towns in the area.

• Friday, August 26th 2011 - 16:56 UTC

  Argentina blocks sale of Paraguayan power to Uruguay

  

  “Argentina wants to charge 49 dollars per KW of power transferred from Paraguay to Uruguay, which is five times what it charges Brazil” claims Paraguayan Vice President Federico Franco who described the pretension as “inadmissible and preposterous”.

• Friday, August 26th 2011 - 13:01 UTC

  Lager beer yeast arrived in Europe from Patagonia 500 years ago

  

  The mystery behind the birth of lager beer has been solved. Scientists have successfully traced the origin of the popular alcoholic beverage to a type of yeast, believed to have travelled 11,000 kilometres from Patagonia, (Argentina) to Bavaria 500 years ago.

• Friday, August 26th 2011 - 04:13 UTC

  Argentine Claims on the South Atlantic Remote Islands

  

  Argentina’s claim to the Falkland Islands is well documented, but lesser known is her continued claim to South Georgia and the South Sandwich Islands.

• Friday, August 26th 2011 - 04:09 UTC

  Argentina blasts Moody’s for questioning soundness of the banking system

  

  Argentina’s Central Bank’s Governor (BCRA) Mercedes Marcó del Pont said on Thursday that the Argentine banking system “is in its best historical levels of liquidity, solvency and default rates” referring to an earlier report from Moody’s rating agency.

• Friday, August 26th 2011 - 03:43 UTC

  Ten Malvinas war Rio Gallegos veterans plan to visit Falklands next October

  

  Ten Malvinas war veterans from Rio Gallegos are scheduled to visit the Falkland Islands next October 8, according to a report from “Tiempo Digital Sur” a digital newspaper from the capital of the Patagonian province of Santa Cruz.

• Friday, August 26th 2011 - 03:22 UTC

  Mercosur/Israel trade deal comes into effect following Argentina’s signature

  

  A free trade agreement between Israel and Argentina is set to come into effect on September 9, the Israeli Industry, Trade and Labour Ministry announced this week.

• Thursday, August 25th 2011 - 06:47 UTC

  Unasur agrees to greater economic coordination but remains divided on Libya

  

  Union of South American Nations, Unasur, Foreign Affairs ministers agreed Wednesday in Buenos Aires to increase economic coordination and send monitoring missions to regional elections but could not reach a common position on the Libyan situation.