Argentina

Monday, May 13th 2013 - 22:34 UTC
China to the rescue of Argentina with a 10 billion dollars equivalent swap

Argentina is negotiating with China a new 10 billon dollars equivalent swap of international reserves support based on the experience of 2009 when the global financial crisis. The new accord should theoretically help Argentina strengthen its international position vis-à-vis the run on the dollar (or the flight from the Peso) and which has cost the Central bank 4 billion dollars so far this year.
Monday, May 13th 2013 - 04:45 UTC
Falklands: MPs blast Spanish MEP for comments on the Islands sovereignty

A senior British member of Parliament blasted as ‘outrageous’ claims that the European Parliament does not recognize British sovereignty over the Falkland Islands. The case first surfaced when MercoPress reported that a Spanish member of the European parliament on a recent visit to Argentina said that “British sovereignty over the Islands as such is not accepted”.
Monday, May 13th 2013 - 04:39 UTC
Malvinas' globe in UK stores triggers strong reactions from Falklands’ veterans

It’s not the first time it has happened mainly in Argentina where maps, stationery, climate and navigational charts and even school books related to the Islas Malvinas have been found referred and printed as the Falkland Islands to the fury of the Kirchner ‘Penguin’ governments.
Saturday, May 11th 2013 - 05:50 UTC
Argentina’s whitewashing bill could attract “around 5 billion dollars”

The head of Argentina’s Lower House Budget and Finance Committee and former Finance minister Roberto Feletti said that the whitewashing bill should allow the entrance of “around 5 billion dollars” into Argentina’s market. For the MP, the government is “fighting a historic battle to block” what he called a “market coup.”
Saturday, May 11th 2013 - 05:49 UTC
Argentina’s ‘blue dollar’ yields on expectations but still above 10 Pesos

The so called ‘blue dollar’ traded in Argentina’s parallel market ended on Friday just above 10 Pesos after having reached record highs earlier in the week (10.55 Pesos) and following the Thursday announcement of a tax amnesty bill and other ‘whitewashing’ financial instruments.
Saturday, May 11th 2013 - 05:47 UTC
Argentine government insists a ‘blue dollar’ at 6.50 Pesos is the target

Argentina’s Secretary of Domestic Commerce Guillermo Moreno wants to bring the foreign exchange black market ‘back in line’ using new dollar securities the government plans to issue locally as part of a major tax amnesty plan, according to Alfredo Piano, Chairman of Banco Piano SA.
Saturday, May 11th 2013 - 03:25 UTC
“Malvinas Argentinas” and “One China” policies ratified by Beijing and Buenos Aires

Visiting Chinese Vice-president Li Yuanchao expressed on Friday “full support for Argentina’s sovereign claims over the Malvinas Islands” while his Argentine peer, Amado Boudou matched his words ratifying the ‘one China’ policy.
Friday, May 10th 2013 - 07:23 UTC
Falklands’ denies political impact of Argentine South Georgia scientific cruise

News this week that Argentina had decided to undertake fisheries research in the South Georgia and South Sandwich Islands (SGSSI) is not connected in any way to the Falklands, Acting Governor Sandra Tyler-Haywood has assured.
Friday, May 10th 2013 - 06:37 UTC
Isle of Man and Argentina conclude tax information exchange agreement

The Isle of Man concluded a Tax Information Exchange Agreement with Argentina on 14 December 2012 and on January this year the Embassy in London confirmed that Argentina had completed its ratification procedures in relation to the agreement.
Friday, May 10th 2013 - 06:26 UTC
Chinese Vice-president in Argentina to strengthen long-term strategic partnership

China is determined to advance in mutually beneficial cooperation with Argentina visiting Chinese Vice President Li Yuanchao said on his arrival on Thursday to Buenos Aires. He underlined that the new Chinese leadership will continue to perceive and develop bilateral relations from a long-term strategic perspective.