Argentina

• Monday, December 2nd 2013 - 15:22 UTC

  Argentine official devaluation of the Peso could reach 50% in the next six months

  

  The Argentine Peso at the official exchange rate could reach a depreciation of almost 50% by the end of the year at the current rate of erosion, which is also expected to have a downward impact on the parallel market or 'blue dollar, according to local experts.

• Monday, December 2nd 2013 - 12:13 UTC

  Argentina's Malvinas claim reaffirmed by Mercosur associate member, Guyana

  

  Argentina thanked Commonwealth member Guyana for its strong support in the Malvinas Islands question and underlined the excellent bilateral relations in all fields, during the official visit of Foreign minister Carolyn Rodrigues-Birkett to Buenos Aires.

• Saturday, November 30th 2013 - 19:49 UTC

  Panama reaffirms support for Argentina's Malvinas claim and promotes 'friendship groups' at congressional level

  

  Panama Foreign minister Fernando Núñez Fábrega underlined his country's traditional and committed support for Argentina's sovereignty claims over the Malvinas and other South Atlantic Islands and their adjoining maritime spaces, an issue that was discussed during this week's visit to Buenos Aires, a special guest of his peer Hector Timerman.

• Saturday, November 30th 2013 - 07:25 UTC

  Falklands government accuses Argentina of yet another attempt to undermine the Islands economy

  

  The Falkland Islands government said on Friday that Argentina's latest illegal attempt to undermine the Islands economy is in direct contradiction with its alleged claim that it wants to establish a dialogue and is yet another effort to disrupt the lives of 3.000 people who want to live in peace and with good neighborly relations.

• Saturday, November 30th 2013 - 07:00 UTC

  UN independent expert suggests Argentina audits foreign debt and improves social conditions

  

  United Nations independent expert urged authorities in Argentina to undertake an audit of its external debt to improve transparency, and to intensify efforts to improve social conditions for their people.

• Saturday, November 30th 2013 - 06:46 UTC

  Argentina, Brazil and Chile elected to the Int. Maritime Organization council

  

  Argentina, Chile and Brazil have been elected to be members of the International Maritime Organization Council for the 2014/15 biennium by the IMO assembly, which is meeting in London.

• Friday, November 29th 2013 - 07:44 UTC

  Mujica questions Argentine trade policies towards Mercosur that “take us back to the sixties”

  

  Uruguayan president Jose Mujica again questioned Argentine president Cristina Fernandez administration trade policies which he said take us back 'to the sixties, when everybody locked in', and in effect deny Mercosur and harm other members.

• Friday, November 29th 2013 - 07:08 UTC

  Falklands oil exploration exposed to jail and fines according to Argentine law

  

  Argentina has threatened oil firms seeking to operate off the Falkland Islands with 15-year jail terms, huge fines and confiscation of assets in a fresh salvo in the dispute with Britain over South Atlantic islands sovereignty. But UK reiterated that Argentine law does not apply to Falklands or British Overseas Territories.

• Thursday, November 28th 2013 - 22:51 UTC

  Repsol contracts Deutsche Bank as advisor for the YPF compensation deal

  

  Repsol appointed Deutsche Bank AG to advise it on the compensation pre-settlement it reached with Argentina regarding the seizure of 51% of YPF in April 2012. The arrangement was negotiated in Buenos Aires this week by ministers from Argentina and Spain, Repsol executives, and representatives from the Spanish company’s two largest shareholders, Mexico's Petroleos Mexicanos, Pemex and Barcelona-based CaixaBank SA.

• Thursday, November 28th 2013 - 22:36 UTC

  Argentina again contracts Russian vessels and choppers for the Antarctic 2013/2014 season

  

  Argentina has again contracted Russian polar vessel “Vasily Golovnin” for the supply of its Antarctica bases and stations this coming summer season. The 24.4 million dollars package also includes ice-breaker 'Dranitsyn' and two heavy load helicopters Kamov KA32 which will making most the hardest work in the extreme south outposts