Argentina

Tuesday, August 4th 2009 - 10:44 UTC
Argentina pays bond and seeks to return to global capital markets

Argentina paid creditors a total of 2.25 billion dollars on government-issued debt Monday, as it sought to shed the last vestiges of its 2001 default and return to the financial mainstream. Economy Minister Amado Boudou said the payment, or coupon, had been made to holders of dollar-denominated Boden 2012 bonds -- meeting a debt obligation that aims to boost confidence.
Monday, August 3rd 2009 - 13:05 UTC
Lloyd’s recovers most of gold from trawler sunk in South Atlantic

Most of the 9.5 tons of gold and silver (valued in 20 million US dollars) that went down in the South Atlantic off the Argentine coast on board a converted Chilean trawler have been recovered by a rescue mission contracted by the insurers of the cargo, reports the Argentine press.
Monday, August 3rd 2009 - 12:58 UTC
Former minister exposes Kirchners leniency towards union leaders abuses

Argentina’s former Health Minister Graciela Ocaña revealed she resigned because she has “a different way of acting in politics” and criticized the growing influence in the Kirchner couple administrations of the head of the country’s main unions’ organization Hugo Moyano.
Sunday, August 2nd 2009 - 12:08 UTC
Argentine/Chilean ministerial summit this week in Buenos Aires

Argentine and Chilean cabinet ministers will be meeting next Thursday in Buenos Aires to advance in the integration process and address an agenda of bilateral issues, according to reports in the Argentine capital.
Sunday, August 2nd 2009 - 11:53 UTC
Two year capital flight from Argentina reached 43.1 billion USD

Argentina’s flight of capital remains steady having reached 5.5 billion US dollars in the second quarter of the year, 11.2 billion in the first half and 43.1 billion US dollars since the second quarter of 2007, when the first signs of the global crisis, according to the latest data from the Argentine Central Bank.
Sunday, August 2nd 2009 - 11:21 UTC
“The camp is no longer a tame cow to be milked” warn Argentine farmers

Argentine farmers said on Saturday that the camp is “no longer a tame cow to be milked” by a “predatory government” and blasted “inefficiency and wrong policies”.
Friday, July 31st 2009 - 04:10 UTC
Countdown for the Argentine Executive super powers

Argentine President Cristina Fernandez de Kirchner announced this week a bill that will limit the amount of funds discretionally disbursed by the Executive under the so-called “superpowers”.
Thursday, July 30th 2009 - 14:13 UTC
Energy dispute: having agreed with Brazil, Paraguay now targets Argentina

After having reached an understanding with Brazil, Paraguay next month plans to begin negotiations with Argentina to claim better conditions for the power generated from the Yaciretá dam which both countries share.
Thursday, July 30th 2009 - 06:19 UTC
Argentina and Brazil agree to continue disagreeing (less intensely) in trade issues

Brazil and Argentina reached “relatively productive” results following the Sao Paulo meeting of the bilateral trade monitoring committee to address the ongoing restrictions imposed by Argentina to Brazilian exports, according to diplomatic sources from both sides.
Thursday, July 30th 2009 - 06:14 UTC
Argentine experiences steep slide in fish landings in first half of 2009

A total of 393.209,7 tons of seafood was landed in Argentine high seas ports between January first and 27th. July 2009, which represents 36.1% less than the 614.850 tons of the fist half of 2008.