Argentina

• Monday, July 14th 2008 - 21:00 UTC

  Argentina doubles export tax on gas pumped to Chile

  

  The Chilean government admitted on Monday it was “foreseeable” that Argentina would impose a 100% increase on the natural gas export tax. The tax on Argentine gas exported to Chile has soared from 7.8 US dollars per million BTU to 15.9 US dollars, which added to transport and other inputs adds to 29 US dollars per million BTU.

• Monday, July 14th 2008 - 21:00 UTC

  Spanish group definitively decided to abandon Argentina

  

  The Spanish group Marsans expects to finalize this week an agreement to sell Aerolíneas Argentinas and its subsidiary Austral to the Argentine government according to company sources in Madrid.

• Sunday, July 13th 2008 - 21:00 UTC

  Aerolíneas back in the air rescued by Argentine gov.

  

  The Argentine government could take control of Aerolíneas Argentinas and Austral to guarantee regularity of commercial flights and protect Argentine assets and 10.000 jobs, anticipated the representative of the State in Aerolíneas Argentinas Julio Alak.

• Sunday, July 13th 2008 - 21:00 UTC

  Argentina: all set for Tuesday's rallies force-demonstration

  The Argentine government/farmers stand off over export taxes has scheduled a new demonstration of force next “Super” Tuesday when the presidential Kirchner couple government faithful, and farmers with city supporters, will be out on the streets of Buenos Aires in two simultaneous, but 50 blocks away separate rallies.

• Friday, July 11th 2008 - 21:00 UTC

  Aerolineas half grounded and edging to become Argentine

  The Argentine government asked on Thursday a judge to appoint an administrator for the country's main airline and flag carrier Aerolineas Argentinas, a move seen as a possible step toward a state takeover of the company and a potential controversy with the Spanish government.

• Friday, July 11th 2008 - 21:00 UTC

  Argentina's official June inflation 0.6% other estimates 1.5%

  The Consumer Prices Index in Argentina increased 0.6% in June and 4.6% in the first half of the year. Wholesale prices jumped 1% in June totaling 6.3% in the first six months of 2008, both percentages according to the official Statistics and Census Office, Indec

• Wednesday, July 9th 2008 - 21:00 UTC

  Argentina's soy king explains modern farming and taxing

  Argentina's major soy businessman Gustavo Grobocopatel said that “modern farming has nothing to do with rich against poor”.

• Wednesday, July 9th 2008 - 21:00 UTC

  Argentine gov. planning to take over Aerolíneas

  The Argentine government has plans to intervene in the administration of the country's largest airline and flag carrier Aerolineas Argentinas, which has been hit by a series of labor disputes, Buenos Aires media reported on Wednesday.

• Tuesday, July 8th 2008 - 21:00 UTC

  Intense lobbying by Kirchner and farmers for Senate votes

  After the tight victory in the Lower House the Argentine government and the farmers are preparing for the decisive battle, on the controversial grains and oilseeds export taxes, in the Senate, where intense lobbying has begun and on independent accounts it's an open race.

• Tuesday, July 8th 2008 - 21:00 UTC

  June, worst month for Argentine retailers since 2002 crisis

  Argentine retail sales at national level “plummeted” in June falling 18.3% compared to the same period a year ago, the worst performance since the country began recovering from the 2001/02 collapse of the economy according to a release from the Argentine Confederation of Small Enterprises, CAME.