Politics

• Monday, May 7th 2012 - 04:24 UTC

  Obama launches re-election bid; attacks Romney for promising “to cut taxes for the rich”

  

  President Barack Obama plunged into his campaign for a new term and tore into rival Mitt Romney on Saturday for being willing and eager to “rubber stamp” a conservative Republican congressional agenda to cut taxes for the rich while slashing spending on programs that benefit an embattled middle class.

• Monday, May 7th 2012 - 04:11 UTC

  Timerman tells Hammond world is safer with creativity than “bombing civilians”

  

  Argentine Foreign Minister Héctor Timerman replied to recent demands of an apology made by UK Defence Minister Phillip Hammond over a controversial Olympic advert shot in the Falkland Islands, and urged London to “honour the deaths of those who died in the 1982 conflict by constructing peace.”

• Monday, May 7th 2012 - 04:02 UTC

  Y&R says the controversial (Malvinas/Olympics) advert “belongs to the client”

  

  The creative managing director of Young & Rubicam Buenos Aires said that is spite of the request from the central office in New York it can’t force the Argentine government to withdraw the controversial advert linking the Falklands/Malvinas claim with the coming Olympic Games in London.

• Monday, May 7th 2012 - 03:31 UTC

  Controversial Malvinas/Olympics advert was aired Sunday during soccer matches

  

  Argentine state-run television aired the controversial advert on Sunday linking the London Olympics to a dispute with Britain over the Falkland Islands, opening itself to further criticism from the International Olympic Committee.

• Sunday, May 6th 2012 - 05:56 UTC

  Malvinas-Olympic advert “not provocative” argues Argentine ambassador

  

  Ambassador to London, Alicia Castro, assured that the Malvinas-Olympic Games advert bought by the Argentine Government ‘is not a provocation’ and did not mean to offend the memory of First World War British combatants.

• Saturday, May 5th 2012 - 06:41 UTC

  Cristina Fernandez enacts YPF nationalization and oil and gas self-sufficiency law

  

  Argentine President Cristina Fernández enacted the YPF nationalization law, which was approved by the Lower House on Thursday. During a nation-wide televised speech from Government House, the Head of State also introduced the company’s new CEO, oil engineer Miguel Galuccio.

• Saturday, May 5th 2012 - 06:38 UTC

  Hollande or Sarkozy, on Monday the Berlin-Paris axis reviews EU austerity policies

  

  Conservative President Nicolas Sarkozy made an impassioned final appeal to voters on Friday, saying that a Socialist victory could send France spiraling the way of Greece, as polls showed him narrowing his challenger’s lead two days before the vote.

• Saturday, May 5th 2012 - 06:31 UTC

  A successful oil and gas engineer with global experience, YPF next CEO

  

  A drilling engineer with a long experience in the oil and gas industry Miguel Galuccio, 44, will be taking over as of next Monday as manager of the nationalized YPF corporation, announced on Friday Argentine President Cristina Fernandez.

• Saturday, May 5th 2012 - 06:26 UTC

  Uruguay supports Argentina’s seizure of YPF but countries decide “proceedings”

  

  Uruguayan Foreign Minister Luis Almagro backed Argentina’s controversial decision to nationalize the country's biggest oil company YPF arguing countries’ right to recover a strategic market is “indisputable”.

• Saturday, May 5th 2012 - 06:22 UTC

  Argentine government ad campaigns increased 25 times since 2003, says Poder Ciudadano

  

  The Argentine government spent 1.225 billion Pesos (307.8 million dollars) in 2010 on public advertising campaigns, an increase of 25 times since 2003, according to a recent study released by Poder Ciudadano, the Argentine national chapter of Transparency International.