Argentina

Friday, January 24th 2014 - 02:11 UTC
Record hot January for Argentina with thermal factor 47.6 Celsius in Buenos Aires

January 2014 is becoming the hottest month in 53 years for Argentina with the thermal factor reaching an unbearable 47.6 Celsius mid afternoon before rain poured bringing some relief to most of the country an particularly in cement city Buenos Aires.
Friday, January 24th 2014 - 02:09 UTC
Argentine 2013 trade surplus down 27%, helping with the dollar shortage

Argentina's trade balance during 2013 left of surplus of 9.24 billion dollars, 27% less than in the previous year (12.42bn), according to the latest release from the official stats office, indec. Exports in the past year grew by 3% to reach a value of 83bn dollars, while imports rose by 8% and totaled just over 74bn.
Thursday, January 23rd 2014 - 23:36 UTC
Argentina after Israeli fighter planes; concern in London and Brasilia, says defense expert

Argentina is considering the purchase from Israel of 18 multipurpose combat aircraft Kfir Block 60 after negotiations with Spain for 16 Mirage F1 fighter bombers fell through, according to a report from Buenos Aires daily Clarin.
Thursday, January 23rd 2014 - 20:57 UTC
Cristina Fernandez is back on stage and announces program to help the young unemployed

Forty two days after her last public speech, Argentine president Cristina Fernandez was back on stage on Wednesday evening on national television to criticize the media, question the opposition and announce a new social plan to aid young unemployed and encourage them to study.
Thursday, January 23rd 2014 - 10:27 UTC
Paris Club will study Argentina's repayment proposal; long process expected

The Paris Club said it would study an outline from Argentina for repaying the more than 9.5 billion dollars it owes the group of creditor nations. Argentina is eager to resolve the problem of its outstanding debt with the group in order to regain access to international capital markets from which it has been shut out since its 2002 default.
Thursday, January 23rd 2014 - 09:47 UTC
Almagro and Timerman discuss bilateral agenda and possible Cristina Fernandez-Mujica meeting

A meeting of the presidents from Argentina and Uruguay, Cristina Fernandez and Jose Mujica has not been agreed but is 'in the agenda' said Uruguayan foreign minister Luis Almagro following an hour long meeting with his counterpart Hector Timerman on Wednesday in Montevideo.
Thursday, January 23rd 2014 - 09:37 UTC
Argentina strangles Montevideo port activity; operators call for a bilateral agreement

Container operators in the port of Montevideo are demanding from Uruguayan authorities an agreement with Argentina to recover all the transshipment activity which has been lost since November when the government of President Cristina Fernandez retaliated against Uruguay over bilateral issues.
Thursday, January 23rd 2014 - 09:26 UTC
US dollar with no cap in Argentina: climbs 3.4% in a single day

The US dollar in the Argentine official market on Wednesday soared 23 cents to 7.125 Pesos, establishing a new record in the midst of uncertainty and frantic trading. The last time the greenback price climbed 3.4% in a single day was back in April 2002. Since the beginning of the year the Argentine peso has plunged 9% against the dollar and a year ago the dollar stood at 5 Argentine Pesos.
Wednesday, January 22nd 2014 - 19:50 UTC
Stray sheep not to blame for Ardiles Falklands accident

The suggestion that a stray sheep may have caused the road accident in the Falklands involving former Argentina and Tottenham Hotspur stars, Osvaldo “Ossie” Ardiles and Ricardo Villa was refuted on Tuesday by Ardiles’s son Federico in an interview with Mercopress in Stanley.
Wednesday, January 22nd 2014 - 17:10 UTC
Argentina imposes strict controls on buying on line

Argentines buying online must now submit a statement to the tax agency, AFIP, before they can receive the goods at the Post Office, as the government seeks to make such purchases more expensive and help curb capital flight.