Tag: Argentina

• Tuesday, April 11th 2017 - 05:30 UTC

  Chinese company buys 50% share of the Veladero mine in Argentina

  

  Barrick Gold and Shandong Gold, a Chinese company, have signed a strategic co-operation agreement that includes half the Veladero gold mine in Argentina. Shandong has agreed to purchase 50% of the Veladero mine in Argentina for US$960 million, and a joint venture will be created to operate it.

• Monday, April 10th 2017 - 08:12 UTC

  Trump will host Argentina's Macri at the White House on April 27

  

  Argentine president Mauricio Macri confirmed that a date has been officially established for his meeting with Donald Trump at the White House, April 27. The date was revealed by the president Macri during an interview with Bloomberg.

• Saturday, April 8th 2017 - 07:35 UTC

  UK's Startup Games contest in Argentina attracts over 100 participants

  

  An estimated 100 participants received training and competed for virtual investments during the Startup Games contest created by the UK's Department for International Trade, which this time was held at the UK embassy in Argentina.

• Friday, April 7th 2017 - 08:15 UTC

  Massive stoppage in metropolitan Buenos Aires but with limited response in the rest of the country

  

  Airlines in Argentina grounded international flights and riot police scuffled with protesters on Thursday as workers staged a general strike to protest job and pay cuts. Conservative President Mauricio Macri condemned the call to strike where he faces midterm legislative elections in October.

• Thursday, April 6th 2017 - 08:05 UTC

  General strike in Argentina; Macri hosts the World Economic Forum

  

  Workers are committed to a general strike in recession-hit Argentina on Thursday, drawing complaints from conservative President Mauricio Macri as he prepares to host leaders and business people for an economic forum.

• Wednesday, April 5th 2017 - 06:32 UTC

  S&P raised Argentina's credit rating to “B”, on the “verge of exiting recession”

  

  Standard & Poor's raised Argentina's credit rating one notch Tuesday, from B- to B, saying Latin America's third-largest economy was on the verge of exiting recession.The rating bump gives a boost to conservative President Mauricio Macri, who has launched sweeping - often unpopular - economic reforms aimed at reviving growth.

• Tuesday, April 4th 2017 - 19:42 UTC

  Kirchner family prosecuted charged with money laundering; court seizes US$ 8.5m in assets

  

  An Argentine court on Tuesday prosecuted ex president Cristina Fernandez and her children, Maximo and Florencia, as alleged heads of an illicit organization to launder money in association with public works contractors. The ruling includes the seizure of family assets equivalent to US$ 8.5 million and handing over their passports.

• Tuesday, April 4th 2017 - 09:50 UTC

  Torrential rains and mudslides destroy “80% of Comodoro Rivadavia”

  

  Comodoro Rivadavia, in Argentine Patagonia, also known as the “Oil capital” of the country is estimated to have experienced an “80% destruction” of the city, according to a first report from an Army engineers' battalion sent to set up bridges and repair highways. The city suffered a week of historic torrential rains (330mm) and strong winds with flooding, mudslides which swept away with bridges and tracts of roads and major highways.

• Tuesday, April 4th 2017 - 07:56 UTC

  Aerolineas Argentinas opens “Atlantic Corridor” linking Buenos Aires, Comodoro and Ushuaia

  

  Aerolineas Argentinas inaugurated on Monday the “Atlantic Corridor” which will have daily flights between Buenos Aires, Mar del Plata, Bahía Blanca, Trelew, Comodoro Rivadavia and Ushuaia in Tierra del Fuego.

• Monday, April 3rd 2017 - 10:37 UTC

  Macri mixed local politics in the Malvinas Fallen and Veterans Day anniversary

  

  Argentine president Mauricio Macri underlined that dialogue will facilitate the Malvinas sovereignty non-renounceable claim and ensure that it is really effective. The Argentine leader was addressing a delegation of Malvinas Fallen Relatives and Veterans, at the Olivos presidential residence on Sunday which marked the 35th anniversary of the beginning of the South Atlantic conflict in 1982.