Argentina

Thursday, August 8th 2013 - 03:05 UTC
Argentina central bank turned into state-financing tool: recession and higher inflation forecasted

Argentina is forecasted to fall into recession next year on the back of super-loose money policy with inflation reaching 24% this year and 30% in 2014 as the government continues to appeal to Central bank resources to meet budget commitments, according to London based Capital Economics.
Wednesday, August 7th 2013 - 03:16 UTC
CFK lectures Security Council: end of veto power and UK must abide Falklands’ resolution

President Cristina Fernandez, CFK, used the opportunity of Argentina at the rotating chair of the United Nations Security Council to demand an end to the veto power of its five permanent members (United States, Russia, China, Britain and France), and criticize the UK refusal to engage in Falkland Islands sovereignty discussions.
Wednesday, August 7th 2013 - 02:30 UTC
China approves first shipment of Argentine GMO corn shaking world markets

China has approved its first shipment of genetically modified Argentine corn, Buenos Aires-based trade sources said, which could mean that the Asian giant may eventually import GMO crops from other producers like the United States.
Tuesday, August 6th 2013 - 22:03 UTC
Falklands: “there are three parties to the debate” UK tells Cristina Fernandez

The United Kingdom reiterated on Tuesday that there can be no Falkland Islands sovereignty discussions with Argentina unless and until the Islanders so wish, because there are three parties to the debate: UK, Argentina and the Falkland Islands people.
Tuesday, August 6th 2013 - 10:23 UTC
Falklands’ welcomes “positive step” by Argentina in marine conservation and fisheries management

The Falkland Islands Government has welcomed the announcement by the Senate of Argentina of the establishment of a Marine Protected Area (MPA) within the area of Burdwood Bank which lies within the Argentine Economic Zone, describing it as a “positive step” in the interest of marine conservation and fisheries management.
Tuesday, August 6th 2013 - 07:49 UTC
Trade expert and career diplomat, next Argentine ambassador in India

The Argentine Foreign ministry informed that India has extended its placet to trade expert and career diplomat Raul Ignacio Guastavino, as the next ambassador in New Delhi.
Tuesday, August 6th 2013 - 03:24 UTC
Tight race for President Cristina Fernandez candidate in Buenos Aires province

Next Sunday the Argentine electorate will be participating in the different parties’ primaries ahead of the mid term October ballot, which could signal the beginning of the end of the Kirchner decade. The event is identified as PASO, open, simultaneous and mandatory primaries.
Tuesday, August 6th 2013 - 03:19 UTC
Iran’s activity in the Americas to be re-evaluated, pledges Kerry to Congress

In a recent letter to Republican senator Mark Kirk, the US State Department said that in light of Argentine prosecutor Alberto Nisman's report on Iran, they were now re-evaluating the information in their highly criticized May report on Iranian activity in the Western Hemisphere.
Monday, August 5th 2013 - 23:18 UTC
Falklands, global espionage and multilateral organizations in CFK dialogue with Ban Ki-moon

Argentine president Cristina Fernandez visited on Monday afternoon United Nations Secretary General Ban Ki-moon and called for a restructuring of multilateral organisations in order to improve performance, using as an example regional body Unasur (Union of South American Nations).
Monday, August 5th 2013 - 19:51 UTC
Brazilian farmers blast Mercosur for its ‘bad leadership and worse presidents’

Mercosur has become characterized for “bad leadership and worse presidents” of the countries that make up the block, since there is no incentive for the regional organization and it has become “an ideological battle political field”, said Cesario Ramalho da Silva, president of the Brazilian Rural Society.