Argentina

Tuesday, November 20th 2012 - 19:05 UTC
Falklands claims UN Decolonization chair is not acting with impartiality

The Falkland Islands government complained on Tuesday that the Chairman of the UN Decolonization Committee, Ambassador Diego Morejón Pazmiño is not acting with the impartiality that his role demands and revealed a letter, which remains unanswered, inviting the ambassador to visit the Falklands matching his informative trip to Argentina on the sovereignty of the Islands dispute.
Tuesday, November 20th 2012 - 06:33 UTC
Major national strike in Argentina with pickets to implement the measure

Argentina’s three main organized labour groupings, and in opposition to Argentine president Cristina Fernandez, have called for a national strike on Tuesday which counts with the support of several tens of camp and city organizations plus hundreds of pickets in the main cities ‘to ensure there is no activity’.
Tuesday, November 20th 2012 - 01:36 UTC
Repsol presses charges against Chevron for making business with nationalized YPF

Spanish oil company Repsol has pressed charges against Chevron over “disloyal competition”, after the US company reached an agreement with its former Argentine branch YPF to conduct explorations in the Vaca Muerta reservoir, a company spokesman announced.
Tuesday, November 20th 2012 - 00:46 UTC
Repsol wants fair compensation from Argentina; will appeal to all legal resources

Repsol Chairman Antonio Brufau has expressed his determination to reach a solution on compensation for the nationalisation of its shares in YPF, and says that he is willing to take the matter to an international court level to ensure a fair amount is paid.
Tuesday, November 20th 2012 - 00:02 UTC
Argentina “will not enter in default” and will honour all re-scheduled bonds

“The only possibility” Argentina contemplates regarding its debt is “to honour all payments” of creditors that entered debt swaps after the sovereign default of 2001, said Economy minister Hernan Lorenzino who underlined that Argentina “cannot and will not enter in default”.
Saturday, November 17th 2012 - 23:29 UTC
Argentina in last minute effort argues possible ‘technical default’ before Judge Griesa

Argentina asked a US judge late Friday night to maintain his order blocking payment on defaulted sovereign bonds to holdout investors until lingering questions are settled in a higher court's appeals process.
Saturday, November 17th 2012 - 06:04 UTC
After dreadful year, great expectations in Argentina with 2012/13 soybean crop

Argentine farmers will increase soy planting by almost 4% following a year of bad global crop weather. In the first soybean area estimate of the 2012/13 season, the Argentine Agriculture Ministry said 19.4 million hectares will be sown in the weeks ahead compared to 18.7 million hectares in 2011/12.
Saturday, November 17th 2012 - 05:59 UTC
ARA Libertad case to be discussed by Argentina and Ghana November 29/30

Argentina announced on Friday that the International Tribunal for the Law of the Sea proposed November 29 and 30 as the days to hold the hearings between Argentina and Ghana over the seizure of the ARA Libertad Frigate at Ghana's Tema Port.
Saturday, November 17th 2012 - 05:53 UTC
“Technical issues” delaying Argentine Navy vessel departure from South Africa

The Argentine Navy said that repair works in the corvette ARA Espora, which has been stranded in South Africa for over five weeks “are 65% completed” and denied there were any debts pending with the German company that is responsible for the maintenance of the MEKO class corvettes as was reported earlier in the Buenos Aires press.
Saturday, November 17th 2012 - 05:37 UTC
Topsy-turvy inflation numbers from Argentina’s official stats office

More bad publicity for Argentina’s official Stats office, Indec: not only are the institution’s releases on inflation taken lightly or ignored by a majority of Argentines and openly questioned by the International Monetary Fund, now the head of the office was caught driving under the influence of alcohol.