Argentina

• Friday, May 6th 2011 - 01:40 UTC

  Indian lab opens facility in Argentina to act as global hub for cancer drugs

  

  India’s Glenmark Pharmaceuticals on Thursday said it has opened its new facility in Argentina which would serve as a global hub for cancer treatment drugs.

• Thursday, May 5th 2011 - 23:51 UTC

  Spain loses 12-year battle: Argentina can use La Rioja denomination for its wines

  

  Spain has lost its 12-year battle with Argentina over the use of the name La Rioja. The northwestern Argentine province of La Rioja was founded by a Spaniard in 1591; the Spanish were also responsible for introducing vines to the region, reports Decanter.com.

• Thursday, May 5th 2011 - 01:57 UTC

  Argentine group buys 10% of YPF, now holds 25.46% of the company

  

  Argentina's Eskenazi family has agreed to pay 1.3 billion US dollars to buy an additional 10% in YPF, the Argentine unit of Repsol, the Spanish oil company said on Wednesday.

• Wednesday, May 4th 2011 - 23:12 UTC

  Argentina’s economic performance ‘below’ South America’s average

  

  The Argentine ‘development model’ had had its successes but it belongs to the average group of most South American countries that benefited by the explosive advance of commodity prices and since 2007 has fallen to the bottom half of performers in the region according to former Economy minister Martin Lousteau.

• Wednesday, May 4th 2011 - 23:07 UTC

  Argentina leads in horse meat exports: 23.880 tons in 2010

  

  In spite of its love for horses, Argentina is the world’s leading exporter of horse meat having shipped 23.880 tons in 2010, valued 75 million US dollars according to the country’s Animal health and Agro-food quality service, SENASA.

• Wednesday, May 4th 2011 - 18:38 UTC

  Mercosur main partners heading for a record year in bilateral trade

  

  Trade among the two leading Mercosur partners reached 11.7 billion US dollars during the first four months of the year with Argentine exports to Brazil reaching a record 5.2 billion USD. This is 29% higher than in 2010 and 23% above the 2008 record year.

• Wednesday, May 4th 2011 - 15:51 UTC

  Argentina promises to review ban on Indian imported pharmaceutical products

  

  Argentina has assured India of reviewing a ban on imported pharmaceutical products and announced the purchase of drugs worth 150-200 million US dollars from Indian firms, a statement said Wednesday.

• Tuesday, May 3rd 2011 - 08:20 UTC

  Argentina supports bill requiring companies to distribute 10% of profits to workers

  

  A day before Tuesday’s round of talks between Argentina’s organized labour (CGT) and the Industrial Union (UIA) to consider the possibility of a ‘social pact’ to help contain prices (inflation), the government expressed support for a law sponsored by unions that requires companies to distribute 10% of profits to workers.

• Tuesday, May 3rd 2011 - 05:05 UTC

  Argentine economy forecasted to grow 6.5% according to Central bank

  

  The Argentine economy is poised to expand by 6.5% or more this year, and unemployment may hover at the lowest level in two decades, the central bank said.

• Monday, May 2nd 2011 - 00:48 UTC

  Argentina looses a master of literature, human rights and common sense

  

  Argentine writer and human rights militant Ernesto Sabato died at his home on Saturday morning at the age of 99. He has been suffering from bronchitis. A physicist by training he became famous because of his writing; however he had not produced any works for quite some time.