Argentina

• Monday, May 9th 2011 - 18:59 UTC

  Brazil’s Vale invests 2 billion USD to develop Mozambique vast coal reserves

  

  The world’s largest iron-ore producer, Brazil’s Vale will double investments in Mozambique to 4 billion US dollars in the next four years, said on Monday Chief Executive Officer Roger Agnelli.

• Monday, May 9th 2011 - 18:48 UTC

  Repsol plans to sell an additional 3% of YPF in the Argentine market

  

  Spain’s oil company Repsol plans to sell up to 3% of YPF on the Argentine market as part of a gradual divestment of its stake in that unit, according to company sources.

• Monday, May 9th 2011 - 18:45 UTC

  Argentines no longer the world’s king “beef consumers”

  

  Argentines are no longer the king ‘beef-consumers’ with the average 63.3 kilos per person per year in the 2003/2010 period falling to 46.7 kilos in the first quarter of this year, according to Economia & Regiones private consultancy report.

• Monday, May 9th 2011 - 06:40 UTC

  Menem and former beauty queen are formally divorced

  

  Former Argentine president Carlos Menem (1989/1999) and Chilean ex Miss Universe and CNN television presenter Cecilia Bolocco were formally divorced by a Buenos Aires court last week.

• Monday, May 9th 2011 - 05:48 UTC

  Argentina’s ‘Blond Death Angel’ faces life imprisonment for kidnapping and torture

  

  A government lawyer called Friday for a life sentence for former Argentine naval officer Alfredo Astiz for crimes including the murder of two French nuns during the 1976-1983 dictatorship.

• Monday, May 9th 2011 - 01:03 UTC

  Buenos Aires mayor drops out from October presidential race

  

  Mauricio Macri the conservative mayor of Buenos Aires City and one of the leading contenders for next October’s presidential election decided over the weekend not to challenge populist President Cristina Fernandez de Kirchner and instead will seek re-election to his post.

• Saturday, May 7th 2011 - 04:52 UTC

  Lack of serious opposition ensures Cristina Fernandez re-election next October

  

  With less than six months to the October election President Cristina Fernandez de Kirchner leads comfortably, with no serious opposition on site, and with a public opinion support of 56%, similar to when she first took office in December 2007.

• Saturday, May 7th 2011 - 04:50 UTC

  Soybean and by products represent 25% of Argentine exports

  

  Argentine overseas sales of soybeans and by products reached 17.3 billion US dollars in 2010, equivalent to 25.4% of total exports, according to the latest report from the country’s statistics office INDEC. In 2009 the soy complex exports represented 23.3%.

• Friday, May 6th 2011 - 06:26 UTC

  Malvinas events overshadowed by Royal Wedding, complains Argentine minister

  

  Argentine Defence Secretary Arturo Puricelli said he was disappointed with the “excessive coverage” granted by the Argentine media to the Royal Wedding and regretted so little attention was given to the commemoration of Malvinas conflict events.

• Friday, May 6th 2011 - 06:02 UTC

  Argentina leading steelmaker clashes with government over company control

  

  A planned dividend payment by Argentine steelmaker Siderar was blocked by a judge on Thursday in the latest twist in a row linked to President Cristina Fernandez de Kirchner government's efforts to tighten control over leading companies.