Argentina

• Monday, September 21st 2009 - 21:22 UTC

  Uruguay denies harmful river pollution:“the right pulp mill at the right place”

  

  Uruguay denied on Monday Argentina's claims at the International Court of The Hague that a pulp mill on a river separating the two countries is polluting the air and water, saying it meets environmental protection standards.

• Monday, September 21st 2009 - 11:31 UTC

  Argentina announces formal negotiations with the Club of Paris

  

  Argentina’s Economy minister Amado Boudou meets this week with its French peer Christine Lagarde for the resumption of negotiations with the Club of Paris. The meeting will take place previous to the G-20 presidential summit in Pittsburgh.

• Monday, September 21st 2009 - 11:26 UTC

  Malvinas families trip to the Falklands “end of a long mourning period”

  

  The coming trip to the Falkland Islands for the official inauguration of the memorial at the Argentine cemetery in Darwin, “somehow represents the end of a long mourning period”, but at the same time “re-signifies the strong meaning that the Malvinas have for the Argentine people”, said Cesar Trejo representative of the Malvinas Families Commission.

• Monday, September 21st 2009 - 11:16 UTC

  Italian tax police seize Maradona’s earrings

  

  Football legend Diego Maradona had his earrings seized by Italian authorities to help pay off his back taxes, according to media reports. The current coach of Argentina's national team was staying at a clinic in northern Italy in a bid to lose weight when finance police swooped, according to Reuters and later confirmed by the Argentine press.

• Saturday, September 19th 2009 - 11:26 UTC

  Reflecting recession, Argentina’s foreign trade dropped by 40% during August

  

  Argentina's August trade surplus dropped 48% from the same month a year ago to 1.16 billion US dollars as exports sank, the government said on Friday. Imports fell by 37% during the month to 3.25 billion, while exports dropped by an even bigger 40% to 4.40 billion USD due to lower prices and reduced volumes, particularly by the drought-hit farming industry.

• Saturday, September 19th 2009 - 07:32 UTC

  Argentina’s capital flight in the first half of 2009 reached 7.5 billion USD

  

  Capital flight in Argentina climbed during the second quarter, with net outflows of 4.279 billion US dollars from the non-financial private sector, according to Friday’s report from Indec.

• Saturday, September 19th 2009 - 07:25 UTC

  Argentina’s GDP contracts 0.8% in August but expands 3% in last 12 months

  

  Argentina's GDP fell 0.8% in the second quarter compared to a year ago, the first time in six years, but accumulates a 0.6% raise in the first half of the year, according to a Friday release from the national statistics bureau, Indec.

• Friday, September 18th 2009 - 12:03 UTC

  Argentina set to recover in 2010 with growth reaching 2.5%

  

  Argentina’s Economy Minister Amado Boudou made the official presentation Thursday of the 2010 budget before the Lower House of Congress, in which he estimated that the economy would grow 2.5% in the upcoming fiscal year, with retail prices in the range of 7% and the primary budget surplus 2.7%. of GDP.

• Friday, September 18th 2009 - 11:29 UTC

  Argentina plans to reach agreement with “holdouts” and Paris Club

  

  Argentina plans to reach an agreement with holders of the country's defaulted debt in an effort to return to international lending markets, according to a draft of the 2010 budget submitted to Congress this week.

• Friday, September 18th 2009 - 06:11 UTC

  Argentina, a country of “paranoiac reactions”, and the Kirchners, “what a gang”

  

  “The Kirchners are lefties, but what a left, mamma mia, what a gang!” and Argentina is a country “of hysteric, mad, paranoiac reactions”. The comments belong to Uruguay’s ruling coalition presidential candidate, Jose Mujica and whom opinion polls show him comfortably ahead for next October’s election.