Argentina

Wednesday, May 7th 2008 - 21:00 UTC
US ambassador says Argentina should look at global context

United States Ambassador to Argentina Anthony Wayne warned that Argentina should “consider the international context” when taking economic decisions. However, he also emphasized that the present world economic situation had “positive elements” and offered “advantageous opportunities” for Argentina.
Wednesday, May 7th 2008 - 21:00 UTC
Argentina's car manufacturing posts record in April

Argentina's car manufacturing industry posted an increase in production of 31.5% in April compared to the same month a year ago. The total number of units manufactured in April was 54.622, according to ADEFA car manufacturer's organization.
Wednesday, May 7th 2008 - 21:00 UTC
Volcanic ashes reach south Buenos Aires and Atlantic Ocean

Ash from the erupting Chaiten volcano in Chilean Patagonia has continued to advance into Argentina and the Southern Atlantic Ocean blanketing the city of Bahia Blanca (800 kilometers south of Buenos Aires City) and adjacent areas in the south of the province of Buenos Aires.
Tuesday, May 6th 2008 - 21:00 UTC
South Atlantic: Spanish vessel completes fisheries study

The research vessel, the Miguel Oliver, owned by the Spanish Government, completed a fisheries resources study of Patagonian platform international waters on 15 April.
Tuesday, May 6th 2008 - 21:00 UTC
Argentina supports South American Defence Council

In spite of growing military relations with Washington, Argentina is working closely in South American defense and integration affairs with Brazil with the purpose of “consolidating a regional military line of thinking” in the framework of Mercosur.
Monday, May 5th 2008 - 21:00 UTC
Canadian yacht rescued by ARA east of Falklands

A Canadian solo navigator whose boat suffered a rollover and was heading to the Falkland Islands for repairs was rescued by an Argentine Navy vessel and is ready to return to his hometown of Victoria, according to the latest reports from Argentina and Canada.
Monday, May 5th 2008 - 21:00 UTC
“Re-Argentinization” of Aerolíneas agreed with Spanish group

The Argentine government and local investors will recover almost 65% control of Aerolineas Argentinas currently belonging to the Spanish tourism group Marsans, according to a brief announcement from the company's spokesperson.
Sunday, May 4th 2008 - 21:00 UTC
Dire forecast on Kirchners' Argentina from The Economist

The Economist first May print edition published an interesting article on the rapidly deteriorating political and economic situation of Argentina under President Cristina Fernandez de Kirchner's. The article is titled “Cristina in the land of make-believe” and the influential magazine states that “dashing hopes of change, Argentina's new president is leading her country into economic peril and social conflict”.
Sunday, May 4th 2008 - 21:00 UTC
US Citibank says Argentina's economy is “getting muddy”

In a report limited to top clients US Citibank forecasted last week that Argentina probably faces “an inflation acceleration accompanied or preceded by a flight of capital, leading to a forced landing”, if the current administration refuses to take measures to contain inflation.
Sunday, May 4th 2008 - 21:00 UTC
Argentina: majority disapprove Kirchners and the opposition

Six out of ten Argentines disapprove the way President Cristina Fernandez de Kirchner is running government and eight out of ten are disenchanted with the way she's addressing sensitive issues such as corruption and handling of the economy, according to the latest survey from Management & Fit released this Sunday.