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Montevideo, August 25th 2026 - 02:16 UTC

Argentina

  • Tuesday, November 15th 2016 - 09:40 UTC

    ANCAP's Carboclor sinks deeper, goes after sale or merger

    : Things going from bad to worse for ANCAP's Carboclor in Argentina

    Losses increase from US $ 9 million by mid year to US $ 14 million in September due to contraction of domestic demand, the fall in international prices and the percentage of ethanol cut in gasolines.Carboclor, ANCAP's subsidiary in Argentina, shows no sign of recovery in its most recent balancesheet as production fell below “normal levels” caused by financial shortcomings which in turn led to a decrease in the inflow of raw materials to the refinery in Campana in the province of Buenos Aires. Shutting down the plant for 25 days is being considered as a partial solution.

  • Tuesday, November 15th 2016 - 09:02 UTC

    Trump promises Argentina, a great country, “the closest relation in history”

    “Argentina is a great country and we will have the closest relation between our countries in history”, Trump was quoted, according to the Casa Rosada release.

    “Argentina is a great country” and Argentina and the US will have “the closest relation in history”, according to the official version from the administration of president Mauricio Macri who on Monday was on the phone with president elect Donald Trump to congratulate him on his presidential victory.

  • Tuesday, November 15th 2016 - 08:40 UTC

    Cristina Fernandez demands the immediate start of oral trial proceedings in the dollar futures case

    Former president Cristina Fernandez “has expressed her willingness of an oral trial” because she wants to speed the judicial process, said defense Dalbón

    Argentine ex president Cristina Fernandez has desisted from appealing her prosecution on charges of fraudulent administration in detriment of the Argentine state in the so called “dollar futures” case involving the Central bank sale of US currency and demands an immediate oral trial.

  • Monday, November 14th 2016 - 08:54 UTC

    Lousteau to leave Washington before Trump's inauguration

    Argentine ambassador to Washington Martín Lousteau needs to leave his job before Donald Trump's inauguration

    The move is seen as a token of exchange following the Argentine government's open decision to support Hillary Clinton. Martín Losteau, who was also economy minister under Cristina Fernandez, ran for Mayor of Buenos Aires last year and lost to the Macrist candidate Horacio Rodríguez Larreta, wants to race again in 2019.

  • Monday, November 14th 2016 - 08:04 UTC

    Kirchner years “downed” more aircraft than the 1982 Falklands conflict

    ”We have to recover the military capacity of the country. In the Malvinas war, Argentina lost 70 aircraft and in the last ten years of Kirchnerism, because of lack of maintenance and investment, 100 p

    The dismal state of the Argentine armed forces was revealed by Defense minister Julio Martínez who claimed that the ten/twelve Kirchner years “downed” more Air Force aircraft than those lost during the South Atlantic conflict in 1982.

  • Monday, November 14th 2016 - 07:31 UTC

    Argentina looks forward to a good relation with president Trump, who is no longer “candidate Trump”

    “We have an excellent relation with the government of Obama and will have a good relation with the administration of Mr. Trump”, anticipated Peña

    Argentina has an excellent relation with the Obama administration and this will be the case with a government led by Trump, pointed out Argentina's cabinet secretary Marcos Peña adding that the first signals from the elected president are positive since he is moderating his electoral campaign speech.

  • Saturday, November 12th 2016 - 21:24 UTC

    Trump wave keeps Merval on the fall for a total 9.25% drop in a week

    No recovery for Buenos Aires Stock Exchange with Trump presidency coming up

    The index of the leading shares of the Buenos Aires stock market returned to adjust results in 3.51% and accumulated thus four rounds of losses for a total drop of 9,25% sice Monday. The Merval started the week with 17,257.56 points and dropped Friday to 15,659.74 points, with significant decreases except for Tenaris, which managed to stay away from the trend of US-based businesses thanks to a positive balancesheet produced last week.

  • Saturday, November 12th 2016 - 20:48 UTC

    Argentine bishops call for a “Christmas in Peace” and public and private responsibility

    Monsignor Arancedo called for a “Christmas in Peace”, the most gracious Christian festivity when “the birth of Christ, the Prince of Peace”

    The chair of the Argentine Episcopal Conference (CEA) Monsignor Jose Maria Arancedo renewed his call to the leadership of the country, political, social, unions and business, to leave aside special interests and act responsibly for the good of the country, at “a very difficult moment” so that “we can all enjoy Christmas in Peace”

  • Saturday, November 12th 2016 - 20:15 UTC

    Aerolíneas Argentinas prepares for the summer

    Many changes to airline services in the region by carries like Aerolíneas Argentinas

    Aerolíneas Argentinas announced Friday a series of adjustments to its operations which will increase the seating capacity by 10% for peak summer season destinations - DAP starts flying between Ushuaia and Punta Arenas - The neverending story of Bolivia's haunted airport.

  • Saturday, November 12th 2016 - 12:39 UTC

    DAP Airways opens summer link between Punta Arenas and Ushuaia

    The first symbolic flight with a BAE 146-200 lands in Ushuaia and is received with the friendly arch of rain at the airport

    Chilean privately owned DAP Airways inaugurated this week the link between Punta Arenas, extreme south of Chile and Ushuaia, capital of Argentine Tierra del Fuego, a flexible commercial service that includes two weekly flights during the summer season and with the main purpose of increasing connectivity in the region and favoring tourism.