Argentina

• Saturday, October 26th 2013 - 13:48 UTC

  Sunday election, an anticipation for the 2015 post Cristina Fernandez chapter

  

  Sunday's midterm election in Argentina has become crucial for the government of President Cristina Fernandez who must retain control of Congress in the last two years of her mandate ahead of the 2015 presidential election, otherwise she runs the risk of becoming a lame duck accompanied by a most unwished end for the legacy of the Kirchner couple decade-plus rule.

• Friday, October 25th 2013 - 06:22 UTC

  Argentine first time 'young voters' remain distant from Sunday's mid-term election

  

  Argentines aged 16 and 17 will be able to vote for the first time in Sunday's midterm elections but the incidence of their ballot in the final result is considered marginal since many of them did not register. In Argentina voting is mandatory for the 18 to 70 age group, and 600.000 teen agers of 16 and 17 have registered to vote on 27 October when half the Lower House and a third of the Senate seats are renewed.

• Friday, October 25th 2013 - 06:16 UTC

  Alleged 'secret clause' in YPF/Chevron shale agreement triggers strong controversy in Argentina

  

  A New York Times piece published on Thursday regarding the agreement between Argentine nationalized oil and gas company YPF with California based Chevron has triggered a strong controversy in Argentina because of an alleged “secret clause” in the commercial document.

• Friday, October 25th 2013 - 06:13 UTC

  Argentina will deploy 91.000 security officers for Sunday's election

  

  Ahead of Argentina's midterm elections of next Sunday, 27 October, which have not been absent of acts of violence against candidates and militants, the Defense Minister has announced that more than 91,000 security officers will be deployed across the country's 24 districts to watch over polling day.

• Friday, October 25th 2013 - 05:56 UTC

  US company pays heavy fined for bribing in several countries, including Argentina

  

  The United States company Stryker Corp., the second-largest seller of orthopaedic devices, will pay more than 13.2 million dollars to settle U.S. regulatory claims that subsidiaries paid bribes in five countries to gain or retain business.

• Thursday, October 24th 2013 - 07:59 UTC

  Cristina Fernandez is 'doing fine', but must continue with 30 days of rest and no stress

  

  Argentine president Cristina Fernandez had a “neurologic-image control” test on Wednesday late evening at the Favaloro Hospital in Buenos Aires, following surgery last 8 October to remove a cranium blood clot. It was her first exit since 13 October when she was discharged from hospital and sent to the Olivos presidential residence for a strict 30 day rest-recovery period ordered by her medical team.

• Thursday, October 24th 2013 - 07:54 UTC

  'Parallel dollar holiday' in Argentina until after Sunday's election is anticipated

  

  Despite a full-fledged crackdown on the 'cave-exchanges' in the financial sector of Buenos Aires the 'parallel' US dollar ended Wednesday trading as on the previous day at 10.05 Argentine Pesos while the official rate stood at 5.82 Pesos (buying price) and 5.87 Pesos (selling price).

• Thursday, October 24th 2013 - 07:36 UTC

  Consortium led by Total to invest 1.2bn offshore Tierra del Fuego for natural gas

  

  France's Total will lead a 1.2 billion dollars project to produce natural gas off the coast of Tierra del Fuego in the extreme south Argentina. In partnership with Wintershall AG and Pan American Energy LLC, they will drill as deep as 5.5 kilometers in the Vega Pleyade field, according to Javier Rielo who heads the project.

• Thursday, October 24th 2013 - 07:19 UTC

  Argentina takes full control of railway line following a second crash in 18 months

  

  Argentina took full control of another railway commuter line following the latest crash last week that left over a hundred people injured at the same Once station where in a similar accident 18 months ago 52 were killed and dozens suffered serious injuries.

• Wednesday, October 23rd 2013 - 20:55 UTC

  BP to supply the bulk of Argentina's natural gas demand in 2014 and 2015

  

  Argentina's state-run energy firm YPF has picked BP to supply the bulk of its liquefied natural gas (LNG) needs in 2014 and 2015 following a major recent tender, according to media sources in Buenos Aires. Energy short Argentina last month launched its annual tender to secure approximately 5.57 million tons of LNG over the 2014-2015 period to help cover its energy needs.