Tag: Argentina

• Wednesday, May 18th 2016 - 12:07 UTC

  Argentina forecasted to increase wheat area by 25% for a 15/16 million tons crop

  

  Argentine wheat exports more than doubled in the first quarter, government data showed, as farmers rushed to sell stockpiles ahead of an expected jump in plantings spurred by the open-market policies of new President Mauricio Macri. The surge in Argentine supply is hitting an oversaturated world market and putting downward pressure on wheat prices already near their lowest levels in six years.

• Monday, May 16th 2016 - 07:25 UTC

  Argentina's economy grows 0.8% during first quarter says Central bank

  

  Argentina's economy grew 0.8% on the first quarter of the year compared to the same period last year, Central Bank Governor Federico Sturzenegger said, declaring that since President Mauricio Macri took office employment has remained “stable.”

• Monday, May 16th 2016 - 05:20 UTC

  Malcorra's UN potential nomination sets off speculation about several names to replace her

  

  Argentina's foreign minister Susana Malcorra manifest intention of becoming the first woman Secretary General of the United Nations, which has the support from president Mauricio Macri administration has set out domestic and international speculation.

• Saturday, May 14th 2016 - 08:02 UTC

  Cristina Fernandez and former officials charged with defrauding the state in dollar futures operations

  

  Former Argentine President Cristina Fernandez was charged on Friday with defrauding the state as part of her government's handling of the dollar futures market. Federal judge Claudio Bonadio said that a scheme to keep the Argentine peso inflated by selling dollars below market value would not have been possible without Fernandez's approval.

• Friday, May 13th 2016 - 11:30 UTC

  Argentina supports the institutional situation in Brazil, but fears effects of the neighbor's recession

  

  The Argentine government publicly showed its support for the new status quo in Brazil, minutes after the country’s vice-president, Michel Temer, temporarily took power after President Dilma Rousseff was suspended from office after the Senate voted to open impeachment proceedings against her early yesterday morning.

• Friday, May 13th 2016 - 07:39 UTC

  Argentina and UK agree on the need to identify areas of cooperation in the South Atlantic

  

  Argentina and UK agreed to disagree on the Falklands/Malvinas question, but coincided that the issue should not be an obstacle for the development of a wider positive agenda. Furthermore the two countries agreed on the need to identify possible areas of cooperation in the South Atlantic, such as exploitation of natural resources, and connectivity between the continent and the Islands.

• Friday, May 13th 2016 - 06:27 UTC

  Uruguay says beef and ethanol are included in Mercosur/EU proposals, but with no volumes or time span

  

  Uruguay's foreign minister Rodolfo Nin Novoa said on Thursday that all agriculture products are included in negotiations for a wide ranging trade and cooperation agreement between Mercosur and the European Union. The chief negotiator for Mercosur underlined that contrary to what was announced by some media, beef and ethanol are included in the proposals exchanged on Wednesday in Brussels between the two blocks.

• Friday, May 13th 2016 - 05:42 UTC

  Falklands' government prepared to explore potential cooperation with Argentina

  

  Britain reiterated interest in strengthening relations with Argentina in areas of mutual interest, but also underlined London's position regarding the Falkland Islands remains unchanged, while from Stanley, the Falklands' elected government expressed its willingness to explore a potential cooperation with the Argentine government.

• Thursday, May 12th 2016 - 04:06 UTC

  Malcorra/Hammond meet in London: Falklands and confidence building mechanisms in a long agenda

  

  Argentina's foreign minister Susana Malcorra will be in London this Thursday to attend a global summit on combating corruption, and is expected to meet with her peer Philip Hammond, and probably address the Falklands issue, according to Argentine official sources. Malcorra is accompanied by Fulvio Pompeo, Secretary for Strategic Affairs from Argentina's presidency, and a very close advisor to president Mauricio Macri.

• Wednesday, May 11th 2016 - 14:03 UTC

  Panama Papers are becoming an additional challenge for President Macri

  

  Argentine Federal Judge Sebastian Casanello has sent legal requests to Uruguay, United Kingdom, Ireland, Panama and Brazil, and likewise ordered local financial institutions in the country to provide data on the Macri family accounts as part of an ongoing investigation of the Argentine president overseas assets in so called tax havens, which emerged from the latest release of Panama Papers by the International Consortium of Investigative Journalists.