Argentina

Saturday, May 4th 2013 - 04:18 UTC
Dollar in Argentina ‘brushes’ 10 Pesos; urgent meeting of Cristina Fernandez economic cabinet

For a third consecutive day the ‘blue’ dollar which trades in Argentina’s informal market established a new record and after having brushed 10 Pesos in earlier trading finally closed Friday at 9.84 (buying price) and 9.88 (selling price) Pesos.
Friday, May 3rd 2013 - 07:01 UTC
UN Rapporteur insists in criticizing Argentine ‘politicization’ of the Judiciary

United Nations expert on magistrates and solicitors independence again expressed concern on Thursday about the laws contained in the Argentine government-promoted judicial reform which might lead to the “politicization” of the judiciary branch.
Friday, May 3rd 2013 - 06:41 UTC
Cristina Fernandez wins slander case in Rome: she did not go on a shopping spree

President Cristina Fernández said she would like to see “some more justice in Argentina” after referring to a court case she won against an Italian newspaper which in 2008 claimed that while in Rome she went on an extravagant shopping spree: “Hunger and dolce vita in Rome”.
Friday, May 3rd 2013 - 05:48 UTC
Falklands: Cristina Fernandez leads ceremony to honour 323 crewmembers from torpedoed ‘General Belgrano’

Argentine president Cristina Fernandez honoured the memory of the 323 crew members from the cruiser “General Belgrano” who lost their lives during the Malvinas war, “today, 31 years ago” and described the British torpedo attack on the vessel as “a criminal and coward action”.
Friday, May 3rd 2013 - 05:44 UTC
Malvinas dispute ‘will only end when Argentina has full, definitive possession of the Islands’, insists Puricelli

The Malvinas cause will only come to an end when Argentina has definitive possession of the Islands, said Argentine defence minister Arturo Puricelli during a military ceremony to remember the 31st anniversary of the loss of cruiser ‘General Belgrano”, during the Falklands’ conflict torpedoed on 2 May 1982 by a Royal Navy submersible with the loss of 323 lives.
Thursday, May 2nd 2013 - 07:50 UTC
Argentina’s seafood exports in two months: 48.418 tons; lower prices for hake, squid and shrimp

Argentina reported exports of 48.418 tons of seafood in the first two months of the year equivalent to 140.8 million dollars, which is 8.2% less than the same period a year ago, mainly because of lower prices.
Thursday, May 2nd 2013 - 07:45 UTC
Brazil leads meeting of Amazon basin Cooperation Treaty in Ecuador

Brazilian Foreign minister Antonio Patriota arrives Thursday in Ecuador for bilateral talks on trade, investment and immigration, and to attend a day later the Amazon group summit of ministers, reports Itamaraty palace.
Thursday, May 2nd 2013 - 07:37 UTC
Falkland Islands’ economy ‘strangling’ and intimidation by Argentina reported in British media

Argentina’s ongoing attempts to strangle the Falkland Islands economy by intimidating cruise vessels from calling at Stanley and other islands has been picked up by the Daily Mail in an article written by Ian Drury.
Thursday, May 2nd 2013 - 07:06 UTC
YPF admits ‘inflation in Argentina is a problem” and could be higher by next year

Argentine nationalized energy company YPF warned on Tuesday that inflation in the country may keep rising and affect its results, a rare admission considering the company is controlled by a government known for playing down the problem.
Thursday, May 2nd 2013 - 06:33 UTC
Fire in Argentina knocks out main refinery and imports of gasoline and diesel trebled

Almost four million barrels of diesel and gasoline were shipped from Europe and the US to Argentina where a recent major fire in the country’s main refinery significantly diminished the supply of refined produce. The situation could extend for another two years, according to private estimates from the oil industry.