Tag: Argentina

Monday, November 20th 2017 - 07:03 UTC
Argentine public opinion captivated by the dramatic search for the lost submarine

The dramatic search for the missing Argentine submarine in the South Atlantic has captivated the nation of 44 million, which recently mourned the loss of five citizens killed when a terrorist truck driver plowed through a bicycle path in New York City.
Saturday, November 18th 2017 - 18:36 UTC
Ice patrol HMS Protector joins the search for the missing Argentine submarine

The Royal Navy has deployed ice patrol ship HMS Protector to help search for an Argentine submarine that went missing in the South Atlantic with 44 people on board. Contact with the Argentine military sub ARA San Juan was lost three days ago, Wednesday.
Saturday, November 18th 2017 - 09:25 UTC
International operation to rescue Argentine submarine lost in the South Atlantic

The Argentine navy has stepped up its search of the South Atlantic for a submarine with 44 crew on board that remains missing two days after its last communication on Wednesday. ARA San Juan was in the western south Atlantic some 432 kilometers from the Patagonian coast close to the San Jorge Gulf, when it sent its last signal on Wednesday midday, naval spokesman Enrique Balbi said on Friday.
Thursday, November 16th 2017 - 09:30 UTC
Argentina en route to becoming region's leading producer and exporter of “white petroleum” lithium

Argentina is disputing with Chile South America’s top producer of the mineral lithium, a key ingredient for the production of electric cars and its rechargeable batteries allowing them to retain energy far longer, and as a consequence its price has soared more than 30% to a record US$ 12.000 a ton this year.
Thursday, November 16th 2017 - 08:55 UTC
Argentine navy and air force dispute operation of the five refurbished Super Etendard

The purchase by Argentina of five refurbished French Super Etendard to help with security measures when Argentina hosts the 2018 G20 summit, which will bring together the world's top leaders, has triggered a dispute among the country's services since the current defense minister, Oscar Aguad wants to concentrate all military aircraft in the Air Force.
Thursday, November 16th 2017 - 07:59 UTC
Argentina and Chile begin Antarctic combined naval patrolling

Argentina's ARA “Islas Malvinas” has started this season's Antarctic duty as part of the Antarctic combined naval patrolling, responsibility which Argentina shares with neighboring Chile since 1988.
Monday, November 13th 2017 - 23:58 UTC
Private construction and infrastructure boosting Argentina's steel industry

Argentina's Acindar steelmaker is currently working at 70% of its installed capacity, which is 1.7 million metric tons of crude steel and 1.4 million mt of finished steel. In 2016, Acindar produced 962,000 mt of steel products. Expectation for 2017 is that it will reach 1.1 million mt, resuming good levels for the company.
Monday, November 13th 2017 - 08:30 UTC
IMF mission praises Macri's reforms but warns on inflation and budget deficit

An IMF visiting team in Buenos Aires concluded its annual review of Argentina's economy and praised the efforts of President Mauricio Macri's nearly two-year-old government to transform the economy saying it has yielded “significant” gains, but also warned that risks remain.
Saturday, November 11th 2017 - 08:55 UTC
YPF will relocate investment from natural gas to crude oil, because of changes in subsidies policy

Argentina's state-run oil company YPF is “disappointed” by cuts to the government's natural gas production subsidies and will re-allocate investment toward crude oil production.
Saturday, November 11th 2017 - 08:46 UTC
Argentina cancels proposed tax on wine included in a fiscal reform

Argentina’s government has decided to ditch a proposed tax on wine after vineyards complained the measure would cripple the industry, the governor of the country’s top wine-making province said.