Argentina

• Saturday, July 16th 2011 - 17:19 UTC

  Clarin group heirs DNA-test negative to 1975/76 families, victims of dictatorship

  

  DNA tests on the adopted children of Argentina’s most powerful media family have failed to show any matches in a national gene bank where families of victims of the dictatorship (1976/1983) have donated their DNA.

• Saturday, July 16th 2011 - 17:16 UTC

  World’s oldest and fiercest derby in South American football history

  

  The Argentine province of Santa Fe will be the coliseum for South America’s oldest and fiercest derby when the locals meet Uruguay in the quarter finals of the Americas Cup. Both teams arrive with an unsatisfactory record in the current competition and are expected to make the most to ensure they reach the finals.

• Friday, July 15th 2011 - 06:25 UTC

  Argentina denies restrictions in trade with Brazil; admits ‘logical differences’

  

  Argentina’s trade relation with Brazil does not have restrictions and “it’s understandable that some differences surface” when bilateral trade will be reaching over 40 billion dollars this year, said Argentine Industry Ministry sources in Buenos Aires.

• Friday, July 15th 2011 - 06:21 UTC

  Argentines would like to buy at “official” inflation and be paid in real inflation

  

  According to Argentina’s statistics office Indec consumer inflation was 0.7% pushed mostly by the cost of clothing. However private economic consulting offices estimate the index was double the official announcement.

• Friday, July 15th 2011 - 06:13 UTC

  Argentine central bank purchases 500m dollars to stop appreciation of the Peso

  

  The Argentine Central bank has purchased so far this week 500 million US dollars to ensure that the country’s exporters retain a favourable exchange rate and importers are not that tempted to buy foreign goods.

• Friday, July 15th 2011 - 06:09 UTC

  “Grain prices are more linked to the US dollar than to food demand”

  

  “Saving in US dollars or in soybeans is the same” cautioned Argentine economist Carlos Melconian, who argued that “grain and oilseed prices are more linked to the value of the dollar than to demand for food produce”.

• Friday, July 15th 2011 - 05:49 UTC

  Attempt to create South Atlantic whale sanctuary rejected in IWC meeting

  

  International Whaling Commission's (IWC) annual meeting closed after a tense final day when relations between opposing blocs came close to collapse. Latin American nations attempted to force a vote on a proposal to create a whale sanctuary in the South Atlantic.

• Thursday, July 14th 2011 - 22:18 UTC

  IMF assessing quality of Argentina’s economic data reporting

  

  IMF said on Wednesday that it is assessing the quality of Argentina's reporting on economic data based on a report presented by the fund’s management which recently visited the country member.

• Thursday, July 14th 2011 - 07:04 UTC

  “CFK grandma! I’m having a grandchild; God takes away but also gives”

  

  Argentine President Cristina Fernández de Kirchner announced Wednesday on her official Twitter social network account that her son, Máximo Kirchner, has confirmed that she will be grandmother as her son's girlfriend is pregnant.

• Wednesday, July 13th 2011 - 19:13 UTC

  In spite of slower growth, Brazil’s consumers and industrial capacity on over time

  

  Economic activity in Brazil expanded 0.17% in May over the previous month, the slowest pace this year, according to the Central Bank’s seasonally adjusted index. As direct reference growth in April was 0.44%. However the May figure is 4.25% over a year ago.