Argentine President Nestor Kirchner rescinded a private company's concession to operate two major rail lines on Tuesday, a week after commuters rioted over delays at the main station in Buenos Aires.
Argentina will drop from fourth to seventh place among world beef exporters this year, after having climbed in 2005 to the third position according to the latest information from the country's Ministry of Agriculture, Livestock, Fisheries and Food.
The argentine air force reported a new aircraft near miss, the second since May 7, although air unions claim that since that date there have actually been four near misses amid Argentina's collapsed air traffic system.
Pilots and air traffic controllers have warned that shoddy safety systems could be putting passengers at risk in South America's two largest countries, prompting an international outcry for rapid overhauls of the organizations that manage air transit in Argentina and Brazil.
President Nestor Kirchner fired this week two government officials linked to a court investigation into suspected public works corruption involving the construction of a gas pipeline by the Swedish construction company Skanska.
Metropolitan Buenos Aires suffered on Thursday evening a huge two hours blackout which caused chaos at rush hour in a city already under strain because of strikes in the underground and several train lines.
Argentine president Nestor Kirchner's public opinion seems to have suffered a bashing in the last twelve months according to reports in the Buenos Aires press following a string of political setbacks for a man accustomed to sweeping victories.
Argentina's economy expanded 7.6% in March compared to a year ago and accumulated 8% growth in the first quarter of the year according to a release from the country's Statistics and Census Office.
Following paparazzi photos showing a former Chilean beauty queen sun basking topless in Miami next to an Italian friend, her husband former Argentine President Carlos Menem admitted he has separated from his wife, reported this week the Chilean and Argentine press
Spanish oil company Repsol YPF is interested in finding a local minority partner in its Argentine YPF subsidiary, Repsol YPF president Antonio Brufau said at a company shareholder meeting. The stake could be from 15-20% of YPF, which is valued at roughly 18 billion US dollars.