Argentina's YPF agreed on Wednesday to pay 852 million dollars for all of Apache operations and assets in the country, making the government managed company the largest operator of natural gas.
Argentina's inflation in January climbed to 4.61% and 30.78% in the last twelve months according to the average from private consultants estimates which are released every month by opposition lawmakers in what is known as the 'Congressional index'.
Scientists have demonstrated a new method for counting whales from space. It uses very high-resolution satellite pictures and image-processing software to automatically detect the great mammals at or near the ocean surface.
The visit of four Uruguayan lawmakers to the Falkland Islands is receiving ample coverage from the Argentine media particularly the intention of closer links between Montevideo and the Islands including the possibility of sending Uruguayan manpower as well as promoting trade, tourism, culture and social relations
It is not clear where the government commanded by Argentine president Cristina Fernández is heading to, Economy Minister of neighboring Uruguay Mario Bergara affirmed saying the economic ups and downs in Argentina have deeply impacted on Uruguayan exports, tourism and real estate activities.
Argentina fisheries exports reached 1.495 billion dollars last year which represents an 11.3% increase in value and 14.9% in volume compared to 2012, according to a report from the private consultant Investigaciones Economicas Sectoriales, IES. Squid played a leading role by doubling catches in 2013 with an extended season.
Economic subsidies for Argentine public and private companies last year totaled an estimated 143 billion pesos, or 4.9% of GDP, the highest level in eight years, according to a joint report by the Professional Council of Economic Sciences (CPCE) and the Argentine Institute of Fiscal Analysis (IARAF) released this week, and which was summarized by the Buenos Aires Herald.
Paraguay has instructed its ambassador in Buenos Aires to collect information on Argentina's plans to set up an uranium processing plant in the northern province of Formosa, neighboring with the land-locked country.
Uruguay and Brazil could be prepared to go ahead with a 'two speed' trade negotiations between Mercosur and the European Union if the Argentine tariff proposal is not as ambitious as that from the rest of its members, according to Uruguayan diplomatic sources.
Argentine foreign minister Hector Timerman called US senators Marco Rubio and Robert Menendez “extremists”, who don't represent the will of the Senate, the US government or the US people.