Argentina

• Saturday, May 21st 2011 - 09:59 UTC

  Argentina posts strong primary surplus pushed by economic growth and inflation

  

  Argentina posted a primary budget surplus 1.97 billion Pesos (455 million US dollars) in April, up 4.8% from the 1.88 billion Peso surplus a year earlier, the government said on Thursday.

• Saturday, May 21st 2011 - 09:40 UTC

  Inflation expectations in Argentina for the next twelve months: 29.5%

  

  Inflation expectations for the next twelve months in Argentina dropped to 29.5% in May from 30.3% in April according to the latest report from the Financial Investigation centre from the Torcuato Di Tella University, CIF.
  This is the first time in twenty months that the index is below 30%.

• Saturday, May 21st 2011 - 09:34 UTC

  Brazil/Argentine dispute abating as trade begins to normalize

  

  The trade dispute among Mercosur main partners seems to be abating from the moment Brazil authorized on Friday the introduction of 1.000 cars manufactured in Argentina that had been retained in Customs since the implementation of non automatic import licences.

• Saturday, May 21st 2011 - 09:19 UTC

  Argentina April industrial production grows 8% over a year ago

  

  Argentina's industrial production rose a seasonally adjusted 8% on the year in April, led by an expansion in automobile, metals and chemical output. Manufacturing increased 0.5% in seasonally adjusted terms from March, the national statistics agency, Indec, reported Friday.

• Saturday, May 21st 2011 - 03:19 UTC

  Argentina closes squid fisheries until June 18 for conservation

  

  Argentina’s Federal Fisheries Council, CFP, ordered the closure of the squid (Illex argentinus) fishery to the south and north of parallel 44° as from 21 May until June 18 because of a low resource biomass.

• Thursday, May 19th 2011 - 17:08 UTC

  Pillars of Argentina’s productive model and re-industrialization process are “solid”

  

  Economy Minister Amado Boudou said that the pillars of the ‘productive model’ and re-industrialization process implemented by the Argentine government are solid consolidating social inclusion and distribution.

• Thursday, May 19th 2011 - 07:13 UTC

  Brazil’s top industry organization head calls Argentine minister “cry-baby”

  

  While Argentine and Brazilian officials are involved in a ‘constructive dialogue’ to overcome trade disputes the head of the powerful Sao Paulo Federation of Industries, FIESP, Paulo Skaf said that Argentine Industry minister Debora Giorgi tends to “over-cry” the restrictions imposed on car imports to Brazil.

• Thursday, May 19th 2011 - 07:08 UTC

  Argentine Jewish community wins an injunction against Google

  

  The umbrella organization of Argentina's Jewish community, DAIA, has won an injunction against Google, preventing the world's most popular search engine from “suggesting” anti-Semitic and racist websites to its users.

• Thursday, May 19th 2011 - 07:05 UTC

  Mercedes Benz faces US lawsuit for alleged collaboration with Argentine military Junta

  

  Germany’s Daimler AG must face a U.S. lawsuit alleging its Argentine Mercedes-Benz unit collaborated with state security forces to kill and torture workers during the so- called Dirty War 35 years ago, an appeals court ruled.

• Thursday, May 19th 2011 - 06:54 UTC

  Small commercial plane crashes in Patagonia killing all 22 on board

  

  A small commercial plane crashed in an isolated part of Patagonia in southern Argentina late on Wednesday, killing all 22 people on board, officials said.