Argentina

• Saturday, February 13th 2010 - 07:42 UTC

  Argentina: Oil Co. report refutes drop in hake stocks

  

  An investigation carried out by the oil company Pan American Energy (PAE), at the behest of the Santa Cruz Fisheries Subsecretariat, contends that the capture of common hake (Merluccius hubbsi) has spiked in the San Jorge Gulf fishing-ground. The results of the study contradict claims by the yellow fleet fishers of Caleta Paula, who complain of a smaller abundance of the resource.

• Saturday, February 13th 2010 - 07:20 UTC

  Argentine Jan inflation: 1% for the government, double for consultants

  

  Consumer prices in Argentina recorded a 1% increase in January, according to the Indec national statistics bureau. In comparison to the same month last year, inflation reached 8.2%, a figure which is highly criticized by researchers and specialists.

• Saturday, February 13th 2010 - 03:13 UTC

  Argentina plans “insecurity” for Falklands oil exploration and is tracking the rig

  

  The Argentine government is looking for mechanisms to sanction all those vessels that somehow have participated in the Falkland Islands oil exploration logistics. Operations are set to begin next week with the arrival of the “Ocean Guardian” oil rig.

• Friday, February 12th 2010 - 04:41 UTC

  Argentina will take the Falklands’ oil drilling case to United Nations

  

  Argentina will be taking the case of oil exploration in Falkland Islands waters by private companies licensed by the Islands government to the United Nations, but not to the International Court of The Hague as had been suggested since the London/Buenos Aires dispute resumed a few weeks ago.

• Friday, February 12th 2010 - 03:56 UTC

  Abundant rainfall anticipates a record soy bean crop for Argentina

  

  Plentiful rains are anticipating excellent summer crops in Argentina both for maize and soy beans according to the Buenos Aires Cereals Stock market and the US Department of Agriculture, USDA, estimates.

• Thursday, February 11th 2010 - 19:16 UTC

  Barclays’, Argentina’s debt swap operator accused of oil interests in Falklands

  

  Two Argentine solicitors announced they will be pressing criminal charges against the Ministry of Economy for having contracted Britain’s Barclays’ bank for a major sovereign defaulted bonds swap and this financial institution is “a shareholder of Desire Petroleum, the oil company which is poised to begin exploration operations this month in Malvinas waters”.

• Thursday, February 11th 2010 - 18:08 UTC

  Argentina blocks vessel involved in Falklands operations

  

  Argentina blocked Wednesday a ship from leaving a Techint Group plant after it traveled to the Falkland Islands without government permission, the Argentine Foreign Office said. The “Thor Leader” is docked in Techint’s Campana plant carrying a cargo of 7.099 tons seamless pipes, the government office said in a statement.

• Thursday, February 11th 2010 - 03:25 UTC

  Mrs. Kirchner and farmers clash over soaring meat prices

  

  Argentine President Cristina Fernández de Kirchner admitted that “meat prices have risen dramatically” (30 to 40%) but immediately blamed the “farming sector” and its obsession “to be more profitable” as the main reason behind the price escalade.

• Thursday, February 11th 2010 - 03:24 UTC

  Argentine High Court reluctant to be involved in central bank reserves dispute

  

  A member of the Argentine Supreme Court suggested that the high court may reject a government appeal that could open the way for the government of President Cristina Fernandez de Kirchner to pay debts with Central bank reserves.

• Thursday, February 11th 2010 - 03:12 UTC

  Long live the strong man for he faces three major challenges

  

  Former Argentine President Nestor Kirchner left the hospital three days after emergency surgery on an carotid artery that feeds blood to his brain, which was described by the medical staff as “serious and intervened on time”.