Argentina

• Monday, October 22nd 2012 - 06:27 UTC

  Mercosur to skip Paraguay in December and hand rotating chair to Uruguay

  

  Uruguay’s tenure of Mercosur rotating chair will be advanced six months meaning that at the coming summit in December Brazil will hand over the next six-month responsibility to the administration of President Jose Mujica, thus skipping Paraguay which remains suspended from the South American trade group.

• Monday, October 22nd 2012 - 04:45 UTC

  Loyal unions give Argentine government 40 days to raise the income tax floor

  

  The branch of Argentina’s organized labour that supports President Cristina Fernandez gave the government forty days to raise the income tax floor, which with double digit inflation is including an ever increasing number of wage earners.

• Monday, October 22nd 2012 - 04:25 UTC

  ARA Libertad: Timerman at UN for round of contacts beginning with Ban Ki-moon

  

  Argentine Foreign minister Hector Timerman is scheduled to begin on Monday a round of contacts with top United Nations officials to address the issue of the training frigate ARA Libertad, impounded in Ghana.

• Monday, October 22nd 2012 - 04:20 UTC

  CFK’s positive image “rapidly melting”; Macri rising to main opposition reference

  

  The melting of Argentine President Cristina Fernandez, CFK, positive image is increasing and has fallen to 37%, while the mayor of Buenos Aires City is increasingly occupying the position of head of the opposition, according to comments from Sergio Berensztein, head of Poliarquía one of the most respected pollsters in Buenos Aires.

• Sunday, October 21st 2012 - 06:11 UTC

  Argentina evacuates impounded frigate; Monday Timerman begins lobbying at the UN

  

  The Argentine government ordered on Saturday the evacuation of the naval training frigate ARA Libertad impounded in Ghana by international creditors, following the warning made on Friday that complaints would be taken to the UN over the controversy.

• Saturday, October 20th 2012 - 06:17 UTC

  Argentina calls on Ghana to “assume its responsibility” in the release of ARA Libertad

  

  Argentina demanded that Ghana “assumes its responsibility” of freeing the Navy flagship ARA Libertad, which remains impounded in the African country’s port Tema over claims of US funds and warned Argentina could take the case to the United Nations, because negotiating with ‘vulture funds’ is not an option.

• Saturday, October 20th 2012 - 06:06 UTC

  NML-Capital offers to pay for repatriation of ARA Libertad crew members

  

  In a PR stunt the US fund NML-Capital offered to fly back free of charge all crew members of the Argentine training frigate ARA Libertad retained in Ghana, but reiterated that to release the vessel Argentina must deposit a 20million dollars bail.

• Saturday, October 20th 2012 - 06:02 UTC

  Argentina’s 12-month inflation expectations yield slightly to 27%, says UTDT

  

  Argentina's 12-month inflation expectations slid in October for the first time in eight months, according to the median estimate in a survey published by the Torcuato Di Tella University, UTDT.

• Saturday, October 20th 2012 - 05:44 UTC

  Argentina and Colombia dispute place as second largest South American economy

  

  Argentine Economy minister Hernan Lorenzino struck back at Colombia’s claim that it has overtaken his country to become South America’s second largest economy behind Brazil.

• Saturday, October 20th 2012 - 04:56 UTC

  Second Argentine Navy vessel retained in Africa

  

  A second Argentine Navy vessel remains retained in Africa, although this time because of mechanical problems. So far this month the Argentine navy has suffered the ‘loss’ of three of its units: two corvettes and the training frigate ARA Libertad.