Argentina

Tuesday, January 27th 2009 - 20:00 UTC
Record capital flight from Argentina last year: 23 billion USD

Money leaving Argentina trebled in 2008 compared to the previous year and was 23% higher to the great capital flight of the second half of 2001 and first half of 2002 which totalled 18.7 billion US dollars and triggered the collapse of the banking system and melting of the economy, according to a report in La Nacion.
Friday, January 23rd 2009 - 20:00 UTC
Argentina/Venezuela ratify strategic, political alliance

Argentina and Venezuela signed on Thursday twenty one cooperation agreements on a range of fields, particularly agro-industry, energy and medical supplies, consolidating the strategic and political alliance between both administrations dating back to 2003.
Friday, January 23rd 2009 - 20:00 UTC
Tricky coincidences of Mrs. Kirchner's overseas agenda

The tricky coincidences of Argentine president Cristina Fernandez de Kirchner diplomatic calendar agenda could again leave her exposed: next April 2nd, which marks the beginning of the Falkland Islands conflict in 1982, will have her in London for a top global economic summit hosted by British PM Gordon Brown.
Thursday, January 22nd 2009 - 20:00 UTC
Low prices high costs threaten Argentine squid industry

Argentina's squid sector is “hopeful, yet concerned” about the season which is scheduled to begin in a few days time, said Fernando Georgiadis, chairman of the country's Chamber of Jigger Vessels, CAPA in an interview with FIS.
Thursday, January 22nd 2009 - 20:00 UTC
Argentina's crude output down for seventh year running

Argentina's oil production fell for the seventh consecutive year in 2008, declining 1.8% to 230 million barrels, according to a report from an economic consulting firm cited Wednesday in the Buenos Aires press.
Thursday, January 22nd 2009 - 20:00 UTC
Petrobras averaged 2.4 million bpd output during 2008

Brazilian government managed energy giant Petrobras produced an average of 2.4 million barrels per day of crude and natural gas at its operations inside and outside Brazil in 2008, an increase of 4.3%, or roughly 100,000 barrels of oil equivalent per day, compared to 2007.
Wednesday, January 21st 2009 - 20:00 UTC
Cristina Kirchner praises Obama's speech from Havana

Argentine president Cristina Fernandez de Kirchner, currently on a three day visit to Cuba, praised on Tuesday the inauguration speech of President Barack Obama saying it confirms “the good expectations” about the incoming administration.
Tuesday, January 20th 2009 - 20:00 UTC
Number of tourists to Argentina drops 8% in November

The number of foreign tourists arriving in Argentina during November fell 8% over the same month last year, according to government report from the statistics office INDEC.
Saturday, January 17th 2009 - 20:00 UTC
Argentine unions: supermarkets index for wage increases

The head of Argentina's powerful General Labour Confederation, Hugo Moyano said this week that when collective wage bargaining opens unions will seek salary hikes higher than the official inflation rate of 7.2% announced by the state-run INDEC statistics office.
Saturday, January 17th 2009 - 20:00 UTC
Amnesic Kirchner denies having ever supported pickets

Former president Nestor Kirchner joined the long list of Argentine officials which have lately called publicly for an end to the pickets on an international bridge leading to neighbouring Uruguay.