Argentina

Wednesday, January 3rd 2007 - 20:00 UTC
Argentina establishes hake TAC of 340.000 tons

Argentina's Agriculture, Livestock, Fisheries and Food Secretariat, SAGP y A, established a total 2007 allowable catch, TAC, of 340.000 tons of common hake (Merluccius hubbsi) which is 10.5% lower than last year's TAC of 380.000 tons.
Wednesday, January 3rd 2007 - 20:00 UTC
Argentine Coast Guard arrest Taiwanese jigger

A Taiwanese flagged vessel was arrested by the Argentine Coast Guard accused of fishing inside Argentina's EEZ and is currently en route to Comodoro Rivadavia.
Tuesday, January 2nd 2007 - 20:00 UTC
Argentine stock market among top ten in 2006

Argentina's stock market ended 2006 with an unprecedented yearly average increase of 35 percent which placed it among the world's top ten performers, the Argentine Institute for Capital Markets (IAMC, in its Spanish acronym), said in a report. Several other world markets also reached record highs.
Tuesday, January 2nd 2007 - 20:00 UTC
Summer hake ban in common fishing zone

The Maritime Front Joint Technical Commission (CTMFM) has set the summer ban for common hake (Merluccius hubbsi) in the common fishing zone (CFZ) shared by Argentina and Uruguay, between 1 January and 31 march 2007.
Monday, January 1st 2007 - 20:00 UTC
Argentina announces 2.3-billion-dollar fuel refinery project

In an effort to offset expected shortages in diesel fuel supplies, the Argentine government has announced a project to build a refinery that will require an about 2.3-billion-dollar investment which will be mainly made by some 30 private oil companies, with the exception of Royal/Dutch Shell, which is engaged in a dispute with the administration.
Monday, January 1st 2007 - 20:00 UTC
Tobacco advertising banned in Buenos Aires City

Public advertising of tobacco in Buenos Aires City has been banned as from the first day of 2007, under municipal law 1799 passed in late 2005, amid a drive to curb smoking-related illnesses in Argentina that according the national government kill 40,000 people a year.
Saturday, December 30th 2006 - 20:00 UTC
Court ruling fairly reasonable, law experts say

While the government praised it as reinstating certainty, some savers saw it as the end of a nightmare and banks continue mum and mulling its possible implications, law experts said that the Supreme Court ruling that ordered banks on Wednesday to reimburse savers in pesos dollar deposits frozen during Argentina's 2001 economic debacle, was fairly reasonable.
Friday, December 29th 2006 - 20:00 UTC
South Africa's Standard Bank Argentine deal an attention call for competitors

The planned purchase by Standard Bank ÃÂ¢€“ South Africa's largest private bank by assets ÃÂ¢€” of most of US' Bank of America Corp.'s BankBoston Argentina assets, marks the first large investment by a foreign player in the sector since Argentina's 2001-2002 economic meltdown, and an attention call for competitors, banking sources told MercoPress.
Friday, December 29th 2006 - 20:00 UTC
Argentine clue witness in human rights trial reappears

Minutes after Argentine President Nestor Kirchner ended a national address saying he will not be blackmailed by paramilitary groups that allegedly have kidnapped clue witnesses in human rights trials, one of them appeared safe and sound.
Thursday, December 28th 2006 - 20:00 UTC
Argentine banks must return 2001/02 frozen deposits

Five years later and in a long-awaited ruling, the Argentine Supreme Court ordered local banks to reimburse in full their customers savings that were frozen during the economic crisis of 2001/02, when Argentina also defaulted on its foreign debt.