Argentina

Wednesday, November 26th 2008 - 20:00 UTC
Argentina admits global crisis, unveils stimulus plan

Argentina announced on Tuesday a package of measures to soften the impact of the global crisis by boosting investments and protecting jobs. The plan includes tax breaks to encourage companies to retain workers and incentives for savers and companies to bring back funds deposited overseas.
Wednesday, November 26th 2008 - 20:00 UTC
Argentine October trade surplus healthy but ceases to grow

Argentina's trade surplus was 1.13 billion dollars in October, unchanged from a year earlier, the government announced this week. Earlier in the month the government had anticipated that the trade surplus totalled 11.37 billion US dollars in the January-October period.
Wednesday, November 26th 2008 - 20:00 UTC
Argentina insists in can meet 2009 debt obligations

Argentina can meet its debt obligations despite the global financial crisis and a slowing economy, said Economy Minister Carlos Fernández. “The state has the necessary resources to meet its 2009 debt obligations, even taking into account the difficult conditions in the international financial markets,” he said.
Monday, November 24th 2008 - 20:00 UTC
Mexican leader in Bs As to sign strategic association

Mexican president Felipe Calderón arrived in Buenos Aires late Sunday for a two-day official visit, during which he and President Cristina Fernández de Kirchner will make the first steps in the Strategic Association deal signed by the countries last year.
Monday, November 24th 2008 - 20:00 UTC
“Nestor, what a vice president you picked for me”

The differences between Argentina's ruling couple Cristina and Nestor Kirchner and vice president Julio Cobos seem irreconcilable and become worse to the minute.
Saturday, November 22nd 2008 - 20:00 UTC
Government hails nationalization of pension funds

Argentina's Senate passed on Thursday a bill to nationalize the private pension funds system in a move that analysts say could protect the potential beneficiaries from short-term stock market chaos but also limit their long-term retirement income.
Friday, November 21st 2008 - 20:00 UTC
Drought forces Argentine farmers to move to soybean

The Argentina's Agriculture Secretariat announced that it expects a record 18 million hectares of soybean for the coming 2008/09 soybean area, up from 16.6 million hectares a year ago.
Wednesday, November 19th 2008 - 20:00 UTC
Aerolineas: Kirchners “ignore” terms of deal with Spain

Argentina's government has violated the terms of a deal to nationalize the country's largest airline, the carrier's owner said Wednesday, which could lead to a major diplomatic confrontation with Spain.
Monday, November 17th 2008 - 20:00 UTC
Argentine unions in conflict block all fisheries exports

Argentine fisheries exports are stranded in the port of Buenos Aires because an ongoing conflict with fisheries unions in Mar del Plata. Over a hundred containers, valued in 8 million US dollars are paralyzed since dock workers decided a solidarity action with their fellow fisheries union.
Sunday, November 16th 2008 - 20:00 UTC
Time for G20, says Brazilian leader; G8 no longer relevant

Brazilian President Lula da Silva said on Saturday the Group of Eight is no longer relevant in today's globalized world and the role of developing international financial regulations must fall to the so-called Group of 20.