Argentina

• Tuesday, April 19th 2011 - 04:09 UTC

  Argentine footwear industry planning to make 200m pairs by 2020

  

  Argentina's footwear industry hopes to make 200 million pairs and export 50 million shoes as part of new strategic growth plan by 2020, according to officials at leading trade federation Camara de la Industria del Calzado (CIC).

• Tuesday, April 19th 2011 - 02:09 UTC

  Argentina’s economic activity indicator jumped 8.7% in February

  

  Argentina's February monthly economic activity indicator, or EMAE, jumped 8.7% on the year and was up 0.4% on the month, the national statistics agency Indec reported Monday. The EMAE comprises most components of gross domestic product.

• Tuesday, April 19th 2011 - 01:39 UTC

  BMW suspends car exports to Argentina because of import restrictions

  

  Argentina's economy is among the fastest-growing in the world, but that may be little consolation to the country's luxury-car fans that have lost access to the world's best-selling premium car.

• Tuesday, April 19th 2011 - 01:35 UTC

  Argentine imports’ substitution helps March industrial production expand 9.2%

  

  Spurred by strong support from the government, Argentina's industrial production in March jumped 9.2% on the year according to a Monday release from economic advisors Orlando J Ferreres & Asociados, OJF.

• Monday, April 18th 2011 - 10:09 UTC

  Mexican tycoon plans to invest 1.5 billion USD in Argentine telecommunications

  

  Mexican telecom magnate Carlos Slim, ranked as the world's wealthiest man by Forbes magazine, plans to invest 1.5 billion US dollars over the next two years in Argentina's telecommunications sector, officials said.

• Monday, April 18th 2011 - 09:51 UTC

  An estimated 40% of Argentine live on less than 8 US dollars per day

  

  An estimated 16 million Argentines, (out of a population of 40 million) live on less than 800 pesos per month which is equivalent to 8 US dollars per day, according to the latest data from the official Homes Standing Poll.

• Saturday, April 16th 2011 - 10:02 UTC

  Argentina has not replied IMF recommendations for an inflation index

  

  IMF Western Hemisphere Director Nicolás Eyzaguirre said the organization had not yet received any official communication from the Argentine government regarding IMF recommendations over its inflation index.

• Saturday, April 16th 2011 - 09:48 UTC

  February tourist arrivals in Argentina increased 9.3% over a year ago

  

  The amount of tourists that arrived in Argentina during February increased 9.3% compared to the same month of 2010 and totalled 203,766 people, according to a government report.

• Saturday, April 16th 2011 - 02:10 UTC

  UK celebrates Sunday Malbec World Day, Argentina’s flagship grape variety

  

  Wines of Argentina are gearing up for its first ever Malbec World Day, a global celebration of Argentina’s ‘hero’ grape variety, according to worldwide drinks industry news Harpers Wine & Spirit.

• Saturday, April 16th 2011 - 02:00 UTC

  Canadian company will develop gold mine project in Argentine Patagonia

  

  Argentina's Planning Ministry said Thursday that Canadian mining company Goldcorp Inc. (GG) will invest 850 million US dollars to put into production its Cerro Negro gold project in Santa Cruz Province.