Argentina

• Saturday, February 16th 2013 - 20:39 UTC

  Cristina Fernandez inflation index for January less than half private estimates

  

  Official inflation in Argentina increased 1.1% in January compared to the previous month, Indec national statistics bureau reported on Friday. The hike in prices was led by transport as train and bus fares increased by 6.1%. The annualized rate jumped to 11.1%.

• Saturday, February 16th 2013 - 20:34 UTC

  Nationalized YPF in 2012 cut oil production decline and showed modest increase

  

  Argentina’s nationalized oil and gas corporation YPF said oil output rose 2.5% last year, compared with an 8% decline in 2011 while natural gas output fell 2.3% on the year, versus an 11% decline in 2011. According to the statement YPF aims to boost oil production by 4% and gas output by 1.8% in 2013.

• Saturday, February 16th 2013 - 20:25 UTC

  Argentina supplies Antarctic base by air with contracted Russian aircraft

  

  The Argentine Ministry of Defence announced it had successfully finished the supply of provisions to the Antarctic Base Belgrano II, the most austral of the country’s outposts. The two-week operation in nine legs, depending on weather conditions, was done by air parachuting provisions.

• Friday, February 15th 2013 - 23:13 UTC

  Financial Times: Argentina-Uruguay: too close for comfort?

  

  By Jude Webber - On Thursday 14 February the prestigious Financial Times published a piece pointing out the influence of Argentina on Uruguay and its economy. The article is simple and straight and is valid because of the Financial Times unquestionable opinion building capacity, and thus merits reproduction.

• Friday, February 15th 2013 - 19:35 UTC

  February 1833: Parallel truths in parallel universes: can that be the only explanation?

  

  By John Fowler - According to the Argentine view of things, the Falkland Islands are Las Islas Malvinas and the capital city is not Stanley, which was founded in 1844, but Ushuaia in Tierra del Fuego, which did not really begin to be a town till 1881 with the establishment of a penal colony there.

• Friday, February 15th 2013 - 05:45 UTC

  Argentine Jewish community rejects point blank agreement with Iran; full Senate debate on 21 February

  

  The heads of the AMIA and DAIA Jewish umbrella organizations, Guillermo Borger and Julio Schlosser, strongly rejected the memorandum of understanding signed between Argentina and Iran in order to create a truth commission looking to investigate the 1994 terrorist attack that left over 80 people dead and dozens injured.

• Thursday, February 14th 2013 - 23:35 UTC

  Fitch Ratings downgrades Argentina and Venezuela prospects for 2013

  

  Fitch ratings has lowered Argentina, Venezuela and El Salvador credit and growth prospects to negative, while for the rest of Latinamerica the situation remains stable, according to a seminar in Frankfort, on “Latinamerica opportunities and challenges”.

• Thursday, February 14th 2013 - 20:30 UTC

  Witnesses of Argentina’ major train accident fear for their lives

  

  Argentina’s Security Secretary Sergio Berni admitted that the sudden murder of Leonardo Andrada, a key witness in last year’s major rail tragedy investigation, was “suspicious.”

• Thursday, February 14th 2013 - 20:10 UTC

  UK will block IADB and World bank loans to Argentina because of financial ‘misconduct’

  

  UK joined the group of countries that vote against granting multilateral organizations’ loans to Argentina as a form of protesting the mistrust generated by the government of President Cristina Fernandez recurrent international misconduct, reports the Buenos Aires media.

• Thursday, February 14th 2013 - 01:49 UTC

  Argentina’s January inflation, 2.58%, highest in 22 months according to private estimates

  

  Argentina’s inflation last January was the highest in twenty two months, 2.58%, according to the average of private estimates which are banned from making public their findings, but which are released by the Congressional Freedom of Expression Committee.