Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 20th 2025 - 23:12 UTC

Argentina

  • Monday, March 27th 2017 - 07:56 UTC

    US biodiesel producers want antidumping duties on imports from Argentina

    Total US imports rose to a record 3.5 billion liters in 2016, according to US government data published this week.

    United States biodiesel producers asked the government to impose antidumping duties on imports of biodiesel from Argentina and Indonesia that it says have flooded the US market and violated trade agreements. The move by the National Biodiesel Board (NBB) trade group comes after two years of tension between US and foreign producers over soaring imports that the group says have threatened the profitability of domestic producers.

  • Saturday, March 25th 2017 - 09:29 UTC

    Argentina closer to energy self sufficiency: US$ 2.3bn investment in Vaca Muerta shale fields

    Tecpetrol will aim to produce an average 14 million cubic meters of shale gas per day by 2019, which is half the volume of gas Argentina currently imports

    Argentina's Tecpetrol, part of the Techint Group, said on Thursday it would invest US$2.3 billion in the Vaca Muerta shale fields through 2019, the largest announcement in the formation in years. Tecpetrol said in a statement the investment was made possibly due to measures from President Mauricio Macri's government, including a deal with labor unions earlier this year and a definition of price supports this month.

  • Saturday, March 25th 2017 - 09:21 UTC

    Icebreaker Almirante Irizar ready to begin sea trials after a decade in repairs

    Malcorra and Martinez before boarding for a tour of the recovered icebreaker Almirante Irizar

    Argentine foreign and defense ministers Susana Malcorra and Julio Martínez toured on Friday the recently repaired and refurbished Navy's icebreaker and Antarctica flagship, Almirante Irizar which a decade ago almost became a wreck after she caught fire on return from the annual Antarctic mission.

  • Friday, March 24th 2017 - 19:42 UTC

    Comodoro/Falklands link: “approval of route” does not mean “approval of flights”, cautions Malcorra

    Argentine foreign minister Susana Malcorra underlined that route approval does not mean flight approval

    Argentine foreign minister Susana Malcorra downplayed enthusiasm about a possible air link between Comodoro Rivadavia and the Falkland Islands arguing that the “approval of routes” does not mean the “approval of flights”.

  • Friday, March 24th 2017 - 11:55 UTC

    Cristina Fernandez will stand trial on charges of financial mismanagement

    Cristina Fernandez is accused of ordering Central bank to sell dollars on the futures market at artificially low prices ahead of a widely expected devaluation

    A judge in Argentina has ruled that the former president, Cristina Fernandez should stand trial on charges of financial mismanagement. Fernandez is accused of fraudulently administering state funds in 2015. The former economy minister, Axel Kiciloff, and the former head of the central bank have also been charged.

  • Thursday, March 23rd 2017 - 13:32 UTC

    Macri administration reiterates defense of Malvinas sovereignty before Congress

    “We defend Argentine sovereignty of the Malvinas, and this is not defended with speeches but with dialogue no matter what ghosts you want to resurrect”

    Argentina's chief of staff Marcos Peña defended the current administration's policy towards the Falklands/Malvinas question arguing that dialogue is the path, not speeches with no content or results, and pledged “we will stand by Argentine sovereignty of the Malvinas Islands”.

  • Thursday, March 23rd 2017 - 11:50 UTC

    Massive teachers protest in Buenos Aires challenging austerity measures

    Demonstrators blocked some of the main avenues in Buenos Aires and gathered in front of the presidential palace.

    Tens of thousands of Argentine teachers marched in the capital Buenos Aires on Wednesday as part of a nationwide strike challenging the administration of President Mauricio Macri. Unions for private and public school teachers are demanding a pay increase of 35% to compensate for Argentina's high inflation in consumer prices.

  • Wednesday, March 22nd 2017 - 12:20 UTC

    Relief for Macri: stats confirm the economy is moving out of recession

    President Mauricio Macri's administration is hoping an economic recovery ahead of midterm elections in October can boost flagging approval ratings.

    Argentina's economy exited a prolonged recession in the second half of last year, with government data on Tuesday showing a 0.5% expansion in the fourth quarter of 2016 compared with the third quarter. Indec stats agency also revised its estimate for third-quarter GDP to a 0.1% increase over the second quarter, up from a 0.2% decline previously. Taken together, the data show Argentina's economy grew in the second half after shrinking for three straight quarters.

  • Wednesday, March 22nd 2017 - 12:09 UTC

    Argentine farmers confident they can increase sales 28% to UK in the short term

    SRA president Etchevehere said that Brexit was a great opportunity to strengthen bilateral trade in a “strategic and complementary” form.

    Argentina has the potential to increase food sales to the UK by 28% in the short term, from the current US$ 830 million to US$ 1.060bn, according to the president of the powerful farmers' organization, Argentine Rural Society, Luis Miguel Etchevehere, currently in London with a business mission sponsored by the Argentine foreign ministry, the Argentine-British Chamber of Commerce and the embassy in London.

  • Wednesday, March 22nd 2017 - 09:12 UTC

    FIH considers acquisition approach from an Argentine fund as “unwelcome”

    FIH Group independent Directors said such a deal “unwelcome” and “seriously threatens to undermine the FIC business and the interests of its employees”.

    The much publicized and controversial bid from an Argentine group to acquire a leading position in the Falkland Islands Holdings, which owns the Falkland Islands Company, closely linked to the Islands' history and economy, has been considered “a real hazard” by FIH directors.