Argentina

Friday, March 15th 2013 - 07:03 UTC
Francis calls on the Church to keep to its roots or it could become “a passionate NGO”

In his first public Mass, Pope Francis urged the Catholic Church on Thursday to stick to its roots and shun modern temptations, warning that it would become just “a compassionate NGO” if it forgot its true mission.
Friday, March 15th 2013 - 06:57 UTC
Argentina: dollar in black market climbs to milestone 8 Pesos and 57% gap with the official rate

The black market dollar exchange rate in Argentina pierced the milestone 8 Pesos mark while the official rate climbed to 5.09 Pesos with the gap between the two markets reaching 57%. The other ‘cash’ option: buying Argentine shares in Buenos Aires and reselling them in New York climbed 10 cents to 8.46 Pesos.
Friday, March 15th 2013 - 06:54 UTC
Argentina February Congressional inflation index more that double the official rate

In contrast with the 0.5% inflation reported by the Argentine government’s controversial stats office, Indec, the index based on private estimates and released by opposition lawmakers climbed to 1.23% with an accumulated 25.27% in the last twelve months.
Friday, March 15th 2013 - 00:26 UTC
January was the busiest month for South Georgia tourist season

January was the busiest month of the tourist season for South Georgia with 13 visits from cruise ships; in the second week of the month seven cruise ships visited. There were also visits by the Fishery Patrol Vessel, research vessels, and a large motor yacht, reports the latest editions of the South Georgia Newsletter.
Thursday, March 14th 2013 - 09:23 UTC
Falkland Islands’ referendum message to Argentina: “intimidation of Islanders must cease”

The Argentine government demands to control the Falkland Islands against the wishes of the people who live there are fundamentally incompatible with modern democratic values and attempts to intimidate the Islanders must cease, said Foreign Secretary William Hague in an update to Parliament.
Thursday, March 14th 2013 - 09:14 UTC
Falkland Islands’ referendum, Argentina should yield to reality and peoples’ self determination says Brazilian daily

Under the heading of “Malvinas: British” the influential Brazilian newspaper Folha de Sao Paulo describes the 99.8% result of the Falklands referendum as a “compelling defeat” for the Argentine government and a litigation hard to sustain when international law rests more on the peoples’ perspective than in the historic, real or imaginary territorial possession.
Thursday, March 14th 2013 - 09:07 UTC
Argentina furious with Brazil over cancelling of 6bn potash development project

The government of President Cristina Fernandez is furious with the Brazil-based Vale mining company for suspending its 6 billion dollars potash development in Mendoza, the largest investment in Argentina in recent years.
Thursday, March 14th 2013 - 09:03 UTC
Falkland Islands’ referendum: for Canada results are ‘very clear’ but for EC it was an ‘internal affair’

The Canadian government said on Wednesday that the results of the Falkland Islands referendum are “very clear” and “only” the people of the Islands are entitled to decide on their future. However the European Commission refused to get involved in the discussion arguing it is an “internal affair” of an EU member.
Thursday, March 14th 2013 - 08:50 UTC
Argentine official inflation in February, 0.5% helped by 60 days price freeze

Argentine consumer prices rose 0.5% in February, the smallest gain since June 2009, after supermarkets and home appliance retailers agreed to freeze prices for sixty days, according to the government’s much questioned stats office, Indec.
Thursday, March 14th 2013 - 03:04 UTC
Cristina Fernandez will attend inauguration mass for Francis I

Argentine President Cristina Fernández will be attending the official ceremony installing Jorge Ramon Bergoglio as Francis I which is scheduled to take place next March 19. The announcement was made by the presidential office.