Argentina

• Friday, August 22nd 2008 - 21:00 UTC

  The Economist: “Clouds gather again over the Pampas”

  

  After six years of rapid growth, Argentina's economy is at a familiar turning-point, in which the president's refusal to change course threatens to make it poorer

• Friday, August 22nd 2008 - 21:00 UTC

  Argentina's Lower House votes purchase of flag air carrier

  

  Argentina's Lower House approved early Friday following twelve hours debate the government's purchase of the flag air carrier Aerolineas Argentinas and its subsidiary Austral from Spanish travel conglomerate Marsans. The bill must be approved by the Senate before becoming law.

• Thursday, August 21st 2008 - 21:00 UTC

  Argentina: drought has killed 700.000 cattle and delayed sowing

  

  A severe drought in central north Argentine provinces has caused the death of 700.00 livestock, hampered milk production and delayed sowing wheat and sunflower in other regions of the country, according to farmers' organisations leaders.

• Wednesday, August 20th 2008 - 21:00 UTC

  Comodoro Rivadavia readies to become oil exploration town

  

  A jack-up oil platform for exploration in shallow waters is expected to arrive in the coming weeks in the Argentine San Jorge Gulf basin where three exploratory wells have been scheduled for drilling plus a fourth offshore Santa Cruz province, according to reports in the Argentine press.

• Wednesday, August 20th 2008 - 21:00 UTC

  Private sector says Argentina's budget must increase 19%

  

  The Argentine government will have to increase in 19% its budget for 2008 and in 16% its income in order to balance public spending, as the estimations with which it was calculated “were surpassed” by inflation.

• Wednesday, August 20th 2008 - 21:00 UTC

  Argentina economy “more vigorous than ever” says Minister

  

  Argentine Economy Minister Carlos Fernandez told exporters the country's economy is “more vigorous than ever” and confirmed the current “economic productive model”,' one week after the government began buying back its own bonds to shore up waning investor confidence.

• Wednesday, August 20th 2008 - 21:00 UTC

  Seven out of ten Argentines disbelieve official inflation index

  

  Seven out of ten Argentines don't believe in the official inflation index from the country's controversial statistics office and trust private estimates, according to a public opinion poll released this week in Buenos Aires.

• Tuesday, August 19th 2008 - 21:00 UTC

  Argentine farmers resume protests: “time is running out”

  

  Argentine farmers warned “time is running out” and if there are no announcements regarding their claims by the end of the month a new country wide stoppage or another non sale of grains and oilseeds sales is back on the protest agenda.

• Sunday, August 17th 2008 - 21:00 UTC

  Argentine economy suffering “fatigue”, admits government

  

  The Argentine economy seems to be suffering of “fatigue” according to the latest official reports and which had been anticipated by President Cristina Fernandez de Kirchner earlier in the week.

• Saturday, August 16th 2008 - 21:00 UTC

  Menem indicted in Río Tercero explosion case

  

  Federal Judge Oscar Valentinuzzi yesterday indicted former president Carlos Menem in connection with the 1995 explosion of the Río Tercero's munitions plant in Córdoba province that killed seven people, and ruled that there is a lack of enough evidence regarding then army chief-of-staff and current ambassador to Colombia Martín Balza.