Argentina

• Tuesday, May 18th 2010 - 04:20 UTC

  Argentine private sector recommends close monitoring of Brazilian indicators

  

  According to Argentina’s Finance Executives' Institute (IAEF) May report the country’s economy experienced an expansive boost during this year's first four months, thus somehow dodging the European and Euro crisis triggered by the Greek situation which could extend to the so called PIGS (Portugal, Ireland, Greece and Spain).

• Monday, May 17th 2010 - 05:17 UTC

  Brazil and Argentina promote tourism and trade in Qatar

  

  Both Brazil and Argentina have pitched a strong case for the Arab world to broaden its trade and tourism scope to South America. In a workshop held over the weekend at the Doha Marriott Hotel, trade and tourism representatives from the two countries urged Qataris to seek trade and leisure opportunities following the announcement that Qatar Airways will be flying to both Sao Paulo and Buenos Aires from June 24.

• Saturday, May 15th 2010 - 04:44 UTC

  Brazil Furious with Argentine “Scare Practices” Threatens Trade Retaliation

  

  Brazil is seriously considering retaliation against Argentina for new rules restricting food imports which allegedly compete directly with Argentine production. EU ambassadors in Buenos Aires made a similar presentation before the Argentine congress earlier this week.

• Saturday, May 15th 2010 - 04:05 UTC

  Buenos Aires City Mayor Macri Prosecuted for Alleged Illegal Wiretappings

  

  Buenos Aires City mayor Mauricio Macri and a former city Education Minister, Mariano Narodowski were prosecuted Friday on charges of illegal wiretappings. Federal Judge Norberto Oyarbide also seized 250,000 pesos from the mayor for considering the case a conspiracy.

• Saturday, May 15th 2010 - 02:50 UTC

  PM Cameron Reaffirms Falklands’ Sovereignty and Supports Local Oil Industry

  

  London reaffirmed British sovereignty over the Falkland Islands rejecting a call Friday from Argentine President Cristina Kirchner to new Prime Minister David Cameron to halt all oil exploration in the waters around the Falklands.

• Friday, May 14th 2010 - 04:34 UTC

  Mrs. Kirchner Promises to Refinance Provincial Government Debts

  

  The Argentine government said it will refinance 89% of the debt that most of the country’s provinces hold with the federal government, announced President Cristina Fernandez de Kirchner and Economy Minister Amado Boudou.

• Friday, May 14th 2010 - 04:20 UTC

  Italian Defaulted Bond Holders Seem Prepared to Accept Argentine Debt-Swap Plan

  

  In an extensive report, the Task Force Argentina (TFA)—which represents Italians holding some 4.5 billion US dollars in defaulted Argentine sovereign bonds—gave an ambiguous declaration over Argentina's debt-swap plan.

• Friday, May 14th 2010 - 03:17 UTC

  EU Ambassadors Take Trade Restrictions Protest to Argentine Congress

  

  While the Argentine government remained silent, European Union country ambassadors showed up at the Argentine Congress Thursday in order to protest against food import restrictions. The ambassadors, however, saved their criticisms and instead spoke in a conciliatory tone before the Lower House Foreign Affairs Committee, although they did not hide their “growing worry.”

• Thursday, May 13th 2010 - 10:27 UTC

  EU Calls on Argentina Not to Restrict Food Imports

  

  The European Union asked Argentina not to restrict food imports, which was reported by manufacturers and producers. Manufacturing sources said that restrictions began being applied in the last few days on products that are also elaborated locally, in a non-written measure that primarily affects the EU and Brazil.

• Wednesday, May 12th 2010 - 07:01 UTC

  Argentina Confident Bondholders Will Join Debt-Swap: Wednesday D Day

  

  Argentine Economy Minister Amado Boudou held a meeting Tuesday with 40 international investors at the New York Palace Hotel, within the framework of his United States road show to encourage bondholders to join the Government's debt-swap.