
Reacting to Thursday massive protest against the government which convened hundreds of thousands of Argentines in the country and overseas, President Cristina Fernandez said that the real problem is the lack of a political leadership that can represent an alternative model to that which has been so successful for the majority of Argentines.

US District Judge Thomas Griesa told Argentina it should not even consider evading a recent ruling requiring it to pay bondholders who did not participate in two major debt restructurings after the country's 2002 default.

Armed sailors on board the detained Argentine ARA Libertad frigate in Ghana threatened to open fire on Ports and Harbours Authority (GPHA) officials, if they attempted to move the ship from berth 11 to berth six, at the Tema Port, according to reports of “The Chronicle” local newspaper.

US Judge Thomas Griesa summoned a new hearing at New York Court over the case of investment funds against Argentina. The judge agreed with both parts a hearing on Friday to define the following steps after the US Appeals Court ruling issued on October 26.

Hundreds of thousands of protestors, probably a million according to some estimates, took to the streets of Buenos Aires on Thursday evening to hold the 8N pot-banging demonstration against the administration of Argentine President Cristina Fernandez.

A heat wave which reached 36 Celsius caused on Wednesday a massive blackout in Argentina’s capital with an estimated three million people suffering lack of power plus such emblematic sites as Government House (Casa Rosada), Congress and the posh district of Puerto Madero.

An Argentine judge has embargoed up to 19 billion dollars in Chevron assets in connection with an environmental lawsuit by Ecuadorean villagers, a lawyer for the plaintiffs said on Wednesday.

Argentine pro and anti-government officials, politicians and lawmakers took to the nation’s radio stations to speak out on Thursday’s planned 8-N anti-government pot-banging protest, highlighting issues of class and ethics, but denying that the measure could be comparable to the magnitude of protests that took place in 2001.

As happened in the Argentine Senate a couple of weeks ago, 107 members (out of 257) from the Lower House, and from all opposition parties, subscribed on Tuesday a manifest pledging non support for any initiative to amend the Constitution with the purpose of opening the way for a second re-election.

South America’s crop prospects deteriorated because of excessive rainfall in Argentina and dry conditions in central Brazil, according to Oil World. Argentina’s estimated 55/56 million tons soybean crop could drop anywhere from 3 6o 6 million tons because of delays in sowing caused by torrential rains and flooding.