Argentina

Friday, February 7th 2014 - 06:42 UTC
Malvinas recovery needs of a State policy argues Argentine opposition leader

The superficialities and inconsistencies of the last Justicialista governments (Presidents Carlos Menem, Nestor Kirchner and Cristina Fernandez) have facilitated the consolidation of British presence in the South Atlantic and this will continue unless the Argentine political system agrees on a state policy regarding the recovery of the Malvinas Islands.
Thursday, February 6th 2014 - 01:21 UTC
Queen Elizabeth II to meet Pope Francis in April during her visit to Italy

The Queen of England will meet Pope Francis at the Vatican in April during a visit to Italy. Queen Elizabeth II, the formal head of the Church of England, will meet with Pope Francis at the Vatican on April 3 during the one-day visit to Italy.
Wednesday, February 5th 2014 - 23:43 UTC
Paris Club prepared for talks with Argentina over debt repayment

The Paris Club is open to talks with Argentina on repaying its debt, the group of creditor nations said on Wednesday, moving closer towards launching formal negotiations with Buenos Aires.
Wednesday, February 5th 2014 - 08:31 UTC
Argentina grateful to Grenada for Malvinas claim support, promises cooperation

Grenada foreign minister Nickolas Steele is in Buenos Aires for a two-day visit which included a meeting with his peer Hector Timerman and other top officials from the foreign ministry to discuss cooperation, economic development and trade issues.
Tuesday, February 4th 2014 - 23:00 UTC
Desperate Argentine officials target big business as the culprits of the current situation

The Argentine government announced on Tuesday it has started “a thorough investigation on major foreign trade companies” which have allegedly registered accounting irregularities for 6.8 billion dollars. Cabinet Chief Jorge Capitanich said the Central Bank has reported “mining, grain, food, car and oil companies have exported but failed to account for foreign currency income.”
Tuesday, February 4th 2014 - 08:50 UTC
Quasi-monies could be back in Argentina if provinces don't receive financial support by March

Quasi monies could be back in Argentina since many provinces and city councils are running short of funds and the federal government is not sending the checks be it because of political differences or simply because there is not enough money to go around.
Tuesday, February 4th 2014 - 08:47 UTC
YPF buys a Petrobras Neuquén/Mendoza block with production of 10.000bpd

Argentina oil company YPF has bought out Brazil player Petrobras to take over full ownership of an exploration block in Neuquen and Mendoza provinces. YPF agreed to pay 40.7 million dollars for Petrobras' operatorship and 38.45% stake in the Puesto Hernandez block, cutting short a joint venture due to expire in 2016, according to the Argentina explorer.
Saturday, February 1st 2014 - 04:58 UTC
Argentina's financial hot summer: record devaluation of the Peso, record loss of reserves

The Argentine currency ended trading on Friday, the first month of 2014, at 8.01 Pesos to the US dollar with an accumulated devaluation in January of 18.63%, the greatest loss in a single month since 2002. However market analysts described the situation as a depreciation 'sustained and managed' by the government of President Cristina Fernandez.
Saturday, February 1st 2014 - 04:54 UTC
Argentina among the least well-off economies in the region, says IMF

The economies of Argentina and Venezuela are the least well-off in the region due to pressures on inflation, the balance of payments, and foreign exchange markets that developed last year, the International Monetary Fund warned.
Friday, January 31st 2014 - 23:14 UTC
Falklands referendum: observers mission partially financed by Canada, claims Argentina

The Falkland Islands referendum a year ago when an overwhelming majority of Islanders voted to remain as a British Overseas Territory, supported on the UN charter enshrined peoples' right to self determination has become an obsession for Argentina and the official news agency Telam has been researching the international validation of the event and Canadian support stands out strongly.