Argentina

• Friday, August 3rd 2007 - 21:00 UTC

  Chavez again to the rescue of Argentina's financial woes

  Argentina' cabinet chief Alberto Fernandez confirmed Thursday that the coming week Venezuela will again purchase Argentine sovereign bonds for which “we Argentines should, and must be fully acknowledged to President Hugo Chavez” for the financial help extended.

• Friday, August 3rd 2007 - 21:00 UTC

  “Fiscal orthodoxy”, once Cristina K becomes president

  Faced with the growing turbulence of global financial markets and Senator Cristina Fernandez October 28 presidential bid Argentine President Nestor Kirchner has instructed his advisors to promote domestic consumption and ensure economic expansion, but as of next November “fiscal revenue must be higher than expenditure” according to reliable political sources in Buenos Aires.

• Wednesday, August 1st 2007 - 21:00 UTC

  Argentina received 17.4% more tourists in half year

  The number of foreign tourists arriving in Argentina during the first half of 2007 increased 17.4% reaching 1.037.226, reported the Argentine Tourism Secretariat.

• Wednesday, August 1st 2007 - 21:00 UTC

  Santa Cruz fishing conflict dead locked; Spain concerned

  The fishing industry conflict in Patagonia's Puerto Deseado where striking workers torched six processing plants and has ceased all activities in the sector for almost a month is far from a solution and could further escalate, warn local authorities.

• Sunday, July 29th 2007 - 21:00 UTC

  K Governors complete Kirchner's presidential ticket

  Argentine dissident opposition members proclaimed this Saturday governor Julio Cobos as Cristina Kirchner's ticket companion for the coming October presidential election which according to opinion polls favor the incumbent candidate.

• Sunday, July 29th 2007 - 21:00 UTC

  Opinion polls show Cristina K comfortably winning in October

  

  Argentina's First Lady Cristiana Kirchner is set to win the coming October presidential election in the first round with no need of a run off, according to public opinion polls published in Buenos Aires daily Sunday editions.

• Saturday, July 28th 2007 - 21:00 UTC

  Kirchner claims there's a plot to hike inflation indexes

  Argentine prosecutors have requested that Domestic Trade Secretary Guillermo Moreno and the newly-appointed Beatriz Paglieri, the official in charge of calculating inflation, be summoned to testify.

• Friday, July 27th 2007 - 21:00 UTC

  US calls on Argentina to honor repudiated sovereign debt

  The American Task Force Argentina (ATFA) applauded Wednesday the US Government for formally stating for the first time that the government of Argentina must honor the repudiated sovereign debts owed to international creditors, “including over 20 billion US dollars in default claims by international bondholders” and that these lingering issues “adversely impact Argentina's investment climate”.

• Thursday, July 26th 2007 - 21:00 UTC

  Argentine peso looses ground for third day in a row

  The Argentine peso slid for the third day in a row, hitting four-year lows against the US dollar in the range of 3.15/3.20 while the stock market recovered at the end of the day after having lost ground earlier.

• Wednesday, July 25th 2007 - 21:00 UTC

  Argentina charters Russian icebreaker for Antarctic season

  

  Argentina decided to charter a Russian icebreaker to supply its Antarctic bases this coming summer replacing its own “Almirante Irizar” which caught fire in the high seas last April and is currently on a long process of repairs and recovery, reported Wednesday the Buenos Aires press.