Argentina

• Friday, October 26th 2012 - 06:38 UTC

  Moody’s lowers Argentina’s foreign currency bonds’ ceiling to b3 from b2

  

  Moody's lowered on Thursday Argentina's foreign-currency bond ceiling to b3 from b2 in line with bonds in local currency on growing concerns of market access for the private sector and local governments.

• Thursday, October 25th 2012 - 23:51 UTC

  GM to invest 450m in Argentina to manufacture a global Chevy vehicle

  

  General Motors (GM) will invest 450m dollars to manufacture a new global Chevy vehicle at its Rosario Automotive Complex in Argentina. The investment will be made between 2013 and 2015 at the Rosario facility, which produced more than 136,000 vehicles in 2011.

• Thursday, October 25th 2012 - 18:51 UTC

  Ghana port authorities want ARA Libertad moved to anchorage; Argentina refuses

  

  Ghanaian officials asked a judge Thursday to order the Argentine navy ship detained in the West African nation over a debt dispute to be moved because it was blocking valuable space at the port of Tema.

• Thursday, October 25th 2012 - 18:39 UTC

  ARA Libertad: Defence minister takes responsibility; Ghana embarrassed with the incident

  

  Argentine Defence Minister Arturo Puricelli took responsibility on Thursday for the fate of the navy training frigate Libertad, which continues to be impounded in Ghana. Meanwhile from Ghana a top official said the country was “embarrassed” with the whole incident.

• Thursday, October 25th 2012 - 06:47 UTC

  ARA Libertad-Romney family link makes Cristina criticize the Republican candidate

  

  Argentine President Cristina Fernández joined the US presidential campaign harshly criticizing Republican candidate Mitt Romney and stating she is “more alike” the current head of state, Democrat Barack Obama, who is running for re-election.

• Thursday, October 25th 2012 - 06:43 UTC

  NML-Capital targeting second Argentine navy vessel docked in South Africa

  

  A second Argentine navy vessel has been targeted by NML-Capital which apparently has contracted a renowned South African law office to impound the corvette ARA Espora.

• Thursday, October 25th 2012 - 06:31 UTC

  Argentina reaches surplus target but exports in September plummeted 27%

  

  Argentine exports in September experienced their largest drop since the 2009 financial crisis totalling 6.818bn dollars or 12% less than the same month a year ago, according to the latest report on the country’s foreign trade released by INDEC.

• Thursday, October 25th 2012 - 06:28 UTC

  Argentine seamen are back in Buenos Aires; small group remains in Ghana

  

  After three weeks retained in Ghana, members of the crew and cadets from the Argentine Navy training vessel ARA Libertad arrived past midnight Wednesday to Ezeiza airport in Buenos Aires where relatives and media were waiting.

• Thursday, October 25th 2012 - 00:04 UTC

  Argentine lawmakers press Falklands’ issue on UK peers at Parliamentary Union

  

  Argentine lawmakers met with their UK peers and called for an end to unilateral hydrocarbons explorations in Falkland Islands waters and for an end to military exercises in the South Atlantic.

• Wednesday, October 24th 2012 - 05:51 UTC

  Cristina Fernandez triggers further uncertainty and fears to markets and investors

  

  The Argentine stock market Merval index fell the most in eleven months following on President Cristina Fernandez plans to overhaul securities rules and force insurers to spend more on industrial and infrastructure projects.