Argentina

• Thursday, July 5th 2012 - 22:30 UTC

  Argentina further tightens “dollar clamp”, bans all greenback’ purchases for savings

  

  The Argentine Central Bank announced on Thursday it will officially ban the purchase of dollars for savings, the latest in a series of measures to discourage the buying of greenbacks.

• Thursday, July 5th 2012 - 08:14 UTC

  Roaring inflation: Argentine “double zero” peso bills are “legal tender”

  

  An issue of Argentine 100 Pesos bills printed in Brazil and in circulation in Buenos Aires was discovered to be missing the “1” which left them with only the double 00.

• Thursday, July 5th 2012 - 07:58 UTC

  Argentine government in campaign to defend achievements of “economic model”

  

  Argentina’s Cabinet Chief Juan Manuel Abal Medina asked for “responsibility” to safeguard “the present and the future of the Argentines and urged people to preserve the achievements of the Government, as he answered questions of the administration during a visit to the Lower House on Wednesday.

• Thursday, July 5th 2012 - 07:51 UTC

  Argentina’s top 20 banks will have to lend for investment, says CFK

  

  In a further attempt to prop the economy and promote investment funding Argentine President Cristina Fernández, CFK, announced on Wednesday that via the Central Bank, “the twenty A-class banks in the country will be obligated to give out loans,” in order for investment to be made on goods and services.”

• Thursday, July 5th 2012 - 07:17 UTC

  Puricelli in China praises the Hong Kong model as a good precedent for Malvinas

  

  Argentine Defence Minister Arturo Puricelli currently on a visit to Beijing underlined defence cooperation with China and said the “Hong Kong model” was a significant precedent for “the Malvinas cause”.

• Wednesday, July 4th 2012 - 23:21 UTC

  Argentine economy forecasted to enter recession in second half, but could still end 2012 positive

  

  The odds that Argentina's economy will enter a recession in the second half of this year held above 95% for a second consecutive month in the closely followed monthly leading indicator published by Torcuato Di Tella University, UTDT.

• Wednesday, July 4th 2012 - 22:01 UTC

  Argentine fish and shellfish exports totalled 142.405 tons in five months

  

  Argentina exported 142.405 tons of fish and shellfish valued at 423 million dollars in the first five months of 2012, according to official statistics from the National Health Service and Food Quality, Senasa.

• Wednesday, July 4th 2012 - 21:32 UTC

  Buenos Aires expects 168 cruise calls this season up from 158 in 2011/12

  

  Buenos Aires expects 168 cruise calls in the 2012/13 season, according to Terminales Río de la Plata, up from 158 calls in 2011/12. National Geographic Explorer is booked as the first arrival, on Oct. 21, with Splendour of the Seas to wrap the season on April 15.

• Wednesday, July 4th 2012 - 21:23 UTC

  Buenos Aires to host South America Seatrade cruise convention next September

  

  The second Seatrade South America Cruise Convention is scheduled to take place at the Quinquela Martin Cruise Terminal, Buenos Aires, Argentina next September 10-11. The event is organised in close partnership with the host port and Inprotur, the Argentine National Institute of Tourism Promotion.

• Wednesday, July 4th 2012 - 18:37 UTC

  Argentine high court ruling delays mining in glacier and peri-glacier areas

  

  Canadian mining giant Barrick Gold Corp. suffered a legal setback on Tuesday as Argentina's Supreme Court reversed preliminary injunctions that have blocked key parts of a glacier protection law.