Argentina

Wednesday, July 17th 2013 - 07:24 UTC
Argentina’s nationalized YPF and Chevron sign agreement to develop shale deposits

Chevron, the world’s second-biggest oil company signed the first agreement with Argentina’s government since it nationalized YPF in 2012 to help develop shale oil and natural gas in the Vaca Muerta basin of the Patagonian province of Neuquen.
Wednesday, July 17th 2013 - 07:07 UTC
Argentine Orcadas base reports 7.3 magnitude earthquake close to Antarctica Peninsula

A powerful 7.3-magnitude earthquake has struck off the coast of Antarctica, generating large waves but causing no injuries, seismic experts at Argentina's Orcadas base in Antarctica reported on Monday.
Tuesday, July 16th 2013 - 17:10 UTC
Argentina has dealt a ‘mortal blow’ to Mercosur that has become ‘a political forum’

Speaking for a Brazilian business association in Sao Paulo, Rubén Barbosa accused the government of Argentina of dealing a ‘mortal blow’ to Mercosur, the regional grouping that was originally focused on economic integration and has since become a political forum for the region’s leaders as was again evident during the last summit in Montevideo.
Tuesday, July 16th 2013 - 05:45 UTC
Paraguay will hold Mercosur presidency in the first half of 2014, says Uruguay

Paraguay will hold the rotating chair of Mercosur after Venezuela, at the end of this year, which will mark the full active comeback of the country to the regional block, announced Uruguay’s Foreign minister Luis Almagro on Monday in Montevideo.
Monday, July 15th 2013 - 22:42 UTC
Brazilian official regrets Paraguay did not follow the path of Venezuela, Ecuador and Bolivia

Brazilian international affairs advisor Marco Aurelio Garcia admits the incorporation of Venezuela to Mercosur was done without Paraguay’s approval and argues the downfall of Fernando Lugo was because of his political incapacity to follow on the steps of other countries with strong popular support such as Venezuela, Bolivia and Ecuador
Monday, July 15th 2013 - 18:00 UTC
Cristina Fernandez will be absent from AMIA bombing commemoration

The Argentine Foreign Ministry confirmed that President Cristina Fernández will for the second consecutive year not attend the AMIA Jewish community association’s memorial to commemorate the anniversary of the terrorist attack on its headquarters, which killed 85 and injured more than 300 in 1994.
Monday, July 15th 2013 - 16:49 UTC
Markets exist: Argentina offers attractive incentives to promote oil and gas production

Argentina will offer energy companies incentives if they invest 1 billion dollars or more over a five-year period as the country struggles to lift output and pare fuel imports a year after seizing a majority stake at YPF from Spain’s Repsol.
Monday, July 15th 2013 - 15:33 UTC
US Congress members write to Kerry calling for sanctions on Argentina for ties with Iran

Members of the United States Congress have sent letters to Secretary of State John Kerry and US Attorney-General Eric Holder calling for the sanctioning of Argentina for its ties with Iran.
Monday, July 15th 2013 - 12:39 UTC
Spanish vessel allegedly illegally fishing in Argentine waters must pay 1.1 million Euros

The Argentine government confirmed a fine of 5.3 million Pesos (approx 800.000 Euros) and another 300.000 Euros to liberate the forfeited catch on board, mostly squid, of the Spanish flagged vessel ‘Piscator’ caught last 2 July allegedly illegally operating in Argentine waters and which remains retained in Puerto Madryn.
Sunday, July 14th 2013 - 23:53 UTC
Argentina litigation with hedge funds; ‘US could end siding with Buenos Aires’ says Washington Post

The United States Justice, Treasure and State Department officials met on Friday with lawyers both from Argentina and hedge funds that refused to accept the administrations of presidents Nestor Kirchner and Cristina Fernandez debt swaps, The Washington Post reported on Saturday.