Argentina

Thursday, August 28th 2008 - 21:00 UTC
Argentine Central Bank boasts having cut run on deposits

The Argentine Central Bank president Martin Redrado said that “there's no floor on sight for the international financial markets crisis”, but in recent months “for the first time in decades, Argentina managed to stop a run on the bank's reserves”.
Thursday, August 28th 2008 - 21:00 UTC
Argentina will meet debt obligations, says cabinet chief

Argentina will meet all its debt obligations in 2008 and 2009, said Cabinet chief Sergio Massa addressing investor concerns that political tensions could reduce its budget surplus and slow its debt payments.
Thursday, August 28th 2008 - 21:00 UTC
Current policies could force Argentina to import beef by 2012

Argentina could be forced to import beef by 2012 if current policies are not modified, but current tonnage could increase by 50% if rules are changed, warned the Argentine Regional Consortia of Agriculture Research, Aacrea.
Wednesday, August 27th 2008 - 21:00 UTC
Argentine fisheries exports unchanged in 12 months

Argentine fisheries exports reached 318.372 tons and 657.5 million US dollars respectively during the first seven months of 2008 which represents a slight 6% increase in dollars over the same period a year ago, according to the latest figures released by the country's food safety office, Senasa,
Wednesday, August 27th 2008 - 21:00 UTC
Mar del Plata claims fisheries industry “no longer profitable”

Fisheries in Argentina has become a non profitable business according to several industry chambers mostly based in Mar del Plata where 50% of the country's fleet is docked and a significant percentage of total catches are landed.
Wednesday, August 27th 2008 - 21:00 UTC
Argentine inflation running at an annualized 28/30%

Accumulated inflation in Argentina over the last 12 months by the end of July was 28%, with food prices having risen 39% in that period and index-linking already beginning to take place, according to economist Carlos Melconian.
Tuesday, August 26th 2008 - 21:00 UTC
Argentine wheat crop forecasted to drop steeply

Wheat production in Argentina will suffer a steep decline because of the government' inefficient agriculture policies claimed the leader of one of the country's main farmers' organizations.
Sunday, August 24th 2008 - 21:00 UTC
“Time is running out” warn impatient Argentine farmers

Under the banner of “time is running out” Argentine farm leaders gathered in a rally to call for action from President Cristina Fernandez de Kirchner administration or they will be forced to resume the protests that they staged for four months until mid-July and that forced the government to roll back higher grain export duties.
Friday, August 22nd 2008 - 21:00 UTC
The Economist: “Clouds gather again over the Pampas”

After six years of rapid growth, Argentina's economy is at a familiar turning-point, in which the president's refusal to change course threatens to make it poorer
Friday, August 22nd 2008 - 21:00 UTC
Argentina's Lower House votes purchase of flag air carrier

Argentina's Lower House approved early Friday following twelve hours debate the government's purchase of the flag air carrier Aerolineas Argentinas and its subsidiary Austral from Spanish travel conglomerate Marsans. The bill must be approved by the Senate before becoming law.