Argentina

• 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.

• 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.