Argentina

• Friday, June 7th 2019 - 09:43 UTC

  Argentine Justices uphold Glacier Law: setback for one of world's biggest gold miners

  

  The Argentine Supreme Court ruled against a legal claim by mining companies Barrick Gold Corp and Minera Argentina Gold arguing that Argentina's Glacier Law was unconstitutional. The decision was praised by environmentalists and marked a setback for one of the world's biggest gold miners.

• Friday, June 7th 2019 - 09:41 UTC

  Macri and Bolsonaro pledge to make everything possible to restore democracy in Venezuela

  

  The conservative presidents of Brazil and Argentina reiterated their rejection of Venezuela's socialist government Thursday as the far-right Brazilian politician Jair Bolsonaro made a state visit to Buenos Aires.

• Thursday, June 6th 2019 - 09:59 UTC

  Lagarde admits underestimating the Argentine economic situation

  

  The International Monetary Fund, IMF, admitted on Wednesday that it had underestimated the “incredibly complicated situation” of the Argentine economy and also that taming inflation had taken much longer than originally expected.

• Thursday, June 6th 2019 - 09:58 UTC

  Mercosur's Common External Tax in the agenda Bolsonaro will discuss with Macri in Buenos Aires

  

  Brazil and Argentina have started discussing a reduction in the common external tariff (TEC) of the Mercosur trade block, sources in both governments revealed on Wednesday, as their market-friendly presidents look to boost economic growth.

• Thursday, June 6th 2019 - 08:41 UTC

  Argentine construction industry contracts 7.5% in April and 10.3% in four months

  

  The construction industry in Argentina contracted 7.5% last April, the eighth consecutive month, with an overall drop of 10.3% in the first four months of the year. According to the country's stats office Indec, the Indicator of Construction Activity, during April fell 0.3% from March.

• Thursday, June 6th 2019 - 08:37 UTC

  Argentina's industrial output down 8.8%; car production falls 35.3% in twelve months

  

  Argentina’s industrial output fell 8.8% in April compared with the same month a year ago, official data showed on Wednesday, marking 12 straight months of production losses as the economy struggles with recession and rapidly-rising consumer prices.

• Wednesday, June 5th 2019 - 21:00 UTC

  Uruguay: Finances don't grow; Economy Minister estimates an improvement for the second semester, as Macri did

  

  Uruguay is experiencing, in recent months, a marked drop in investment and the generation of employment. Uruguayan Economy Minister Danilo Astori admitted Wednesday the fall of public accounts, with an annualized fiscal deficit in April that was 4.8% of GDP, and opted to provide greater incentives to investors and entrepreneurs. The Uruguayan press accuses the government of betting on the hope that the results will begin to be felt in the second half of the year, as it was heard a while ago in Argentina under the administration of President Mauricio Macri.

• Monday, June 3rd 2019 - 08:27 UTC

  Fifteen injured in aircraft while crossing over the Andes en route to Ezeiza

  

  At least 15 people were injured when an Airbus 330 flying from Lima to Buenos Aires encountered severe turbulence, Argentina's national news agency Telam and other media reported.

• Friday, May 31st 2019 - 09:59 UTC

  Falklands remembers freedom of Goose Green residents locked up by Argentine forces

  

  A very emotional ceremony took place last Wednesday at Goose Green in the Falkland Islands in remembrance of those who gave their lives for the freedom of the small community which had been locked up by the invading Argentine forces in 1982.

• Friday, May 31st 2019 - 09:40 UTC

  Falklands Association concerned about political events in UK and Argentina

  

  The local sub-committee of the Falkland Islands Association which has in various forms defended Falklands' interests since 1968, has sent out an email to all its members asking them “to give a rough outline of how they view the current political situation together with any ideas or fears they may have for the future and anything they would like to see the FIA doing on their behalf.”