Argentina

Monday, June 3rd 2013 - 05:08 UTC
Argentina’s policy on foreign investments keeping businesses away

Concern over Argentina's erratic policy on foreign investments is pushing regional business entrepreneurs toward caution and or keeping them away from South America’s second largest economy. Argentina nationalized Spanish oil major Repsol's majority stake in local energy giant YPF last year, a move that triggered alarm in the international investor community.
Saturday, June 1st 2013 - 17:34 UTC
Argentina dollar markets waiting for implementation of the ‘whitewashing bill’

The US dollar in Argentina’s parallel or ‘blue market’ finished on Friday the month of May down 6.4% from the 9.40 Pesos at the end of April, including a slight drop in the last day of trading, that took it to 8.75 Pesos and 8.80 Pesos, buying and selling price.
Saturday, June 1st 2013 - 17:32 UTC
Buenos Aires city mayor challenges CFK by launching ‘a price index audited’ by the civil society.

Buenos Aires City Mayor Mauricio Macri launched on Friday a price index to be “permanently audited by the civil society” in Argentina’s capital, in a move that steps up the pressure on the inflation controversy surrounding President Cristina Fernandez administration.
Saturday, June 1st 2013 - 17:27 UTC
Argentina insists with self-sufficiency in oil production in four years

Argentine President Cristina Fernández administration agreed with oil-producing provinces and unions from the sector to strictly control the levels of exploration, production, the amount of equipment in use and the total number of jobs in each of the oil fields across the country, with the goal of reaching hydrocarbon self-sufficiency within four years.
Saturday, June 1st 2013 - 03:38 UTC
Cristina Fernandez with her mind set on October elections launches the 500 frozen-prices list

The Argentine government has made public the list of the 500 products with ‘frozen prices’, until next October when mid term elections are scheduled. Consumers can check the information online at the website of the state news agency Télam and with the sites of several of the main supermarkets of the country.
Saturday, June 1st 2013 - 02:29 UTC
Gibraltar claims C24 is ‘failing miserably’ in its task of decolonising territories

Gibraltar veteran Minister Joe Bossano launched a scathing attack on to the record of the UN Committee of Decolonization or C24 claiming it is consistently falling to do the work it is tasked with: decolonising the territories on its list.
Friday, May 31st 2013 - 07:04 UTC
Falklands fines Korea and Taiwan companies for straddling in Argentine waters

Falkland Islands Government Director of Natural Resources John Barton said that he is confident that there won’t be any repetition in the future of recent offences by companies licensed to fish in Falklands waters.
Friday, May 31st 2013 - 06:41 UTC
Iran/Argentina memorandum involved in a further controversy

Argentine Foreign Minister Hector Timerman met on Thursday with Interpol top officials and said he received ‘very strong support’ for the memorandum signed with Iran, which includes the questioning of those allegedly involved in the 1994 attack on the Jewish organization AMIA in Buenos Aires that killed 85 and left dozens injured.
Friday, May 31st 2013 - 02:14 UTC
Argentine cabinet surprise shuffle: Puricelli to Security and Rossi to Defence

Argentine president Cristina Fernandez shuffled her cabinet appointing Defence minister Arturo Puricelli at the Security ministry and Agustin Rossi until now head of the government’s block in the Lower House, in Defence. Removed Nilda Garré is to be appointed as the new ambassador before the Organization of American States, OAS.
Wednesday, May 29th 2013 - 23:00 UTC
Argentina: The volcano has the last word

With the imminent eruption of Copahue volcano, the governor of Neuquén, Jorge Sapag, said that, “the volcano will have the last word”, and has asked to wait 72 hours, as the specialists recommended, not to give rise to false expectations amongst the evacuees.