Argentina

• Monday, August 22nd 2011 - 07:01 UTC

  Argentina needs ‘no contingency or emergency plan’ to face the crises

  

  Economy Minister Amado Boudou rejected the possibility that Argentina launches a brusque devaluation of its currency to make exports more competitive and insisted Argentina needs no emergency or contingency plan to face the challenge of the current crisis in the developed economies.

• Saturday, August 20th 2011 - 06:48 UTC

  Argentina’s organized labour has also been rattled by CFK’s Sunday landslide

  

  Last Sunday’s landslide victory of Argentine president Cristina Fernandez not only showed her domain of the political stage but also weakened some of her ‘inevitable’ allies that challenge her authority: such is the case of the powerful CGT organized labour leader Hugo Moyano.

• Saturday, August 20th 2011 - 06:45 UTC

  Argentine industry says ‘inflation’ is main issue to address by next government

  

  Argentina’s powerful Industrial Union (UIA) warned that if President Cristina Fernandez de Kirchner is re-elected next October one of the top issues of her agenda will be taking action in order to control “a concerning inflation”.

• Saturday, August 20th 2011 - 06:34 UTC

  Argentina’s industrial output in July could be feeling the Brazilian pinch

  

  In spite of the good overall performance of the Argentine economy with annual growth estimated at 8.2%, industrial output had a lower showing and climbed 7.6% in July over the same month last year, according to the Industrial Monthly Estimator, EMI.

• Saturday, August 20th 2011 - 06:30 UTC

  Consumers’ inflation expectation in Argentina remains steady at 25%, says UTDT

  

  Argentina's 12-month inflation expectations were unchanged for a sixth straight month in August, according to a closely watched survey published by the Torcuato Di Tella University.

• Saturday, August 20th 2011 - 06:28 UTC

  Argentine economy steams ahead at an annual rate of 8.2% in June

  

  Argentina's economy grew by a wide margin in June on the back of a consumer spending spree and solid demand for the country's grains and manufactured goods overseas, according to the national statistics office, Indec.

• Saturday, August 20th 2011 - 06:21 UTC

  Corn boom forecasted in Argentina as the grain most resilient to quotas’ system

  

  Argentina is undergoing a “corn planting boom” because of its more diversified market opportunities which help to ease the full impact of the export quotas system imposed by the government of Cristina Fernandez.

• Friday, August 19th 2011 - 10:00 UTC

  Argentina to protest Falklands’ oil activities and invites UN C24 president to Buenos Aires

  

  Argentina will file an official complaint against Britain for oil exploration activities in Falklands/Malvinas disputed waters before the United Nations Decolonisation Committee and have invited the C24 president to visit Argentina to hold a meeting on the issue in Buenos Aires.

• Friday, August 19th 2011 - 09:51 UTC

  Colombia in full sync with Cristina, says visiting Colombian president

  

  Colombia “fully identifies with the government of Cristina (Fernandez de Kirchner)” because it shares democratic values and welfare and development objectives, said President Juan Manuel Santos the first Colombian leader on an official visit to Argentina for over a decade.

• Friday, August 19th 2011 - 01:59 UTC

  US Terrorism report: Argentina has not advanced in ‘anti-money laundering activities”

  

  The US Department of State released it’s 2010 Country Reports on Terrorism, in which it praised Argentina for “cooperating well” with the US in analyzing possible terrorist threat information,” although it warned about the country’s “virtually no progress toward addressing anti-money laundering and counterterrorist finance activities.