Argentina

• Wednesday, February 11th 2009 - 20:00 UTC

  Argentina, Marsans, Airbus reach Aerolineas pre-accord

  

  The Argentine government and the Spanish tourism group Marsans have reached a tentative “pre-accord” regarding the re-nationalization of the country's air flag carrier Aerolineas without compensation, according to Wednesday press reports from Madrid.

• Monday, February 9th 2009 - 20:00 UTC

  Aerolineas takeover shadows Cristina K visit to Spain

  

  Argentine President Cristina Fernandez de Kirchner began on Monday her first official visit to Spain amid expectations that she would try to reduce tension over the expropriation of the airline Aerolineas Argentinas from the Spanish tourism group Marsans.

• Monday, February 9th 2009 - 20:00 UTC

  Argentine “soy king” warns about the “tragic convergence”

  

  The tragic convergence of drought, international crisis and export taxes could lead to the destruction of Argentina's farm production and the camp is in need of immediate support.

• Sunday, February 8th 2009 - 20:00 UTC

  Madoff Ponzi-scheme “caught” Argentines with 500 million USD

  

  The colossal global Ponzi-scheme scam mounted by Wall Street financer Bernard Madoff and which is estimated in the range of 50 billion US dollars, apparently includes at least 500 million US dollars from Argentine investors, reports the Buenos Aires press.

• Saturday, February 7th 2009 - 20:00 UTC

  Mrs. Kirchner believes Obama has read Perón's writings

  

  Argentine President Cristina Fernandez de Kirchner said this week she was pleased when she heard US President Barack Obama say that “trade unions are not part of the problem but part of the solution”.

• Friday, February 6th 2009 - 20:00 UTC

  Wrong policies will cost Argentine farmers 12.5 billion this year

  

  Lack of rainfall, collapse of commodities prices plus misguided camp policies from the Argentine government will cost farmers a fall in income of 43 billion pesos (equivalent to 12.5 billion US dollars) in 2009 compared to last year, according to the Argentine Rural Confederations, CRA.

• Thursday, February 5th 2009 - 20:00 UTC

  Argentina's Jan. car production plunges 54%; exports 60%

  

  Argentina's car production plunged 54.6% in January compared to the same month last year, the Automakers' Chamber (ADEFA) reported yesterday
  
  The number of cars manufactured in the country totalled 18,720, down from 41,228 in January 2008.

• Thursday, February 5th 2009 - 20:00 UTC

  Argentina's unions challenge wage policy in election year

  Argentina's powerful trade unions are stepping up calls for salary increases despite an economic slowdown and since it is election year they could win double-digit hikes to offset inflation.

• Wednesday, February 4th 2009 - 20:00 UTC

  Storm kills five, blackouts Argentina's second city

  Five people, including two children, died and at least 47 others have been injured in the storm that is battering central Argentina, which was recently hit by the worst drought in the past 50 years, officials said Tuesday.

• Tuesday, February 3rd 2009 - 20:00 UTC

  Argentine governors call for lower taxes on farm exports

  

  Cordoba and Santa Fe, two big farming provinces in Argentina, are calling on the federal government to suspend crop export taxes for three to six months to help farmers in the face of the worst drought in decades.