Petrobras Energía (NYSE:PZE), Brazil’s government managed oil and gas corporation announced it will sell part of its assets in Argentina to Oil Combustibles SA for 110 million US dollars, including a refinery, gasoline stations and inventories.
An Argentine national judge annulled on Tuesday a gay marriage between an Argentine national and a French businessman which took place five days ago, according to the Argentine news agency Telam.
Given the high levels of global liquidity, Argentina should succeed in restructuring its 20 billion US dollars in defaulted bonds according to a senior official from the International Monetary Fund.
Former economy minister José Martínez de Hoz, the economic brains behind the 1976-1983 military dictatorship, has been arrested and transferred to a clinic after an amnesty law was lifted, a court official has said.
Argentina became the richest country in Latin America in 2009 as measured by GDP per capita purchasing power parity, PPP, according to a Latin Business Chronicle analysis based of new data from the International Monetary Fund.
In what was considered a change in approach by the Argentine Government, several minivans and cars with Gualeguaychú activists that were heading to the UNASUR summit in Campana, Buenos Aires province, were delayed Tuesday by police at a crucial inter-provincial bridge.
Argentine former President Néstor Kirchner harshly criticized a sector of the press and the government's “opposition” in Congress that wants “to set the country on fire”, but in spite of all he was optimistic about a long term plan for Argentina.
The Argentine political establishment is agitated after the heavy remarks made before a federal judge by former Argentine ambassador to Venezuela Eduardo Sadous, who said local businessmen had to pay kickbacks to former president Néstor Kirchner administration officials to be able to export their goods to Venezuela.
An Argentine Supreme Court Judge has said that the pickets blocking an international bridge linking neighbouring Argentina and Uruguay to protest the construction of a pulp mill on the Uruguayan side are “illicit but not illegal”.
The Argentine government has published the offer to swap 20 billion US dollars in defaulted bonds on specialized media around the globe and on www.argentina2010offer.com website.