Brazilian government controlled Banco do Brasil will pay 480 million US dollars for a 51% stake in Banco Patagonia, Argentina’s fourth largest private bank. The deal is pending regulatory approval both banks said in a release.
Retired General Reynaldo Bignone, 82, the last leader of Argentina’s 1976-1983 military regime was sentenced Tuesday to 25 years in prison for crimes against humanity.
Argentina’s President Cristina Fernández de Kirchner and Venezuela’s leader Hugo Chávez said “the new world requires a new logic to accept a new order of relationships” during a meeting held at the presidential palace of Miraflores in Caracas.
“There are no miracles; we feel cool about the decision”, said Uruguayan president Jose Mujica following the International Court of Justice ruling which means there will be no relocation of the Orion pulp mill which besides does not contaminate, as was claimed by Argentina when it presented its case back in 2006.
In its judgement on ”Pulp mills on the River Uruguay (Argentina vs. Uruguay)”, the International Court of Justice, (UN principal judicial organ) declared that Uruguay has not breached its substantive obligations for the protection of the environment provided by the Statute of the River Uruguay by authorizing the construction and commissioning of the Orion (Botnia) pulp mill.
Much as was anticipated, Uruguay and Argentina celebrated as favourable the ruling of the International court of Justice regarding a long standing pulp mills dispute, while environmentalists were totally disappointed and promised to continue and intensify their protests and pickets.
The United Nations Food and Agricultural Organization (FAO) are convening an international meeting on trade in fish and seafood to be hosted by in the Argentine government Buenos Aires 26-30 April.
The breeding grounds of common hake (Merluccius hubbsi) located in the San Jorge gulf, Argentine Patagonia are showing alarming signs of a loss of biomass, concludes a report authored by the National Institute for Fisheries Research and Development, (INIDEP).
After unveiling Argentina's debt-swap details Thursday, Economy Minister Amado Boudou said on Friday that the next step is to negotiate the 7.5 billion dollar debt Argentina maintains with the Paris Club.
A Buenos Aires judge voided on Friday the marriage last week of two women, the first union of its kind in Argentina, judicial officials said.