Tag: Argentina

• Friday, June 12th 2015 - 06:02 UTC

  World Bank forecasts Argentina will regain access to capital markets in 2017

  

  The World Bank is optimistic about the outlook for the Argentine economy, predicting the country’s GDP will grow 1.1% this year, a considerable upgrade from the decline of 0.3% it expected in January, and perhaps even stronger growth of 1.8% in 2016 and of 3% points in 2017, thanks to a “stronger” macroeconomic environment and “regained” access to international capital markets.

• Friday, June 12th 2015 - 05:05 UTC

  Rousseff denies being upset with Argentina over Mercosur and trade policies

  

  Brazilian President Dilma Rousseff stated on Thursday in Brussels she was not upset by differences with Argentina over the trade agreement Mercosur is to sign with the European Union, despite president Cristina Fernandez administration's cold feet on the issue.

• Thursday, June 11th 2015 - 04:13 UTC

  Timerman waters down Mercosur/EU agreement expectations

  

  Argentine Foreign minister Hector Timerman affirmed that a trade deal would not be signed between Mercosur and the European Union (EU) in the second summit of the Community of Latin American States (CELAC) and the European body, which is taking place in the Belgian city of Brussels.

• Thursday, June 11th 2015 - 04:05 UTC

  Falklands triggers strong reply from Cameron when Timerman brings up the issue at Celac/EU summit

  

  Foreign Minister Hector Timerman defended on Wednesday Argentina’s right to claim the Falkland/Malvinas Islands during the summit of the Community of Latin American States (CELAC) and the European body which is taking place in the Belgian city of Brussels. UK Prime Minister David Cameron responded by describing his comments as threatening, according to British sources.

• Wednesday, June 10th 2015 - 06:16 UTC

  Patagonia Azul in Chubut becomes Biosphere reserve; holds 40% of world's Magellan penguins

  

  The International Coordinating Council of UNESCO’s Man and the Biosphere Program (MAB) added this week twenty 20 new sites (including two in Latina America) to the World Network of Biosphere Reserves, bringing their total number to 651 sites, including 15 trans-boundary sites, in 120 countries.

• Wednesday, June 10th 2015 - 05:32 UTC

  Argentina commemorates creation of 'Malvinas political and military command' in June 1829

  

  British dominance of the Malvinas Islands is a colonial 'situation', which is 'unacceptable' and 'anachronic': Argentina reiterates its sovereignty claims over the South Atlantic Islands and surrounding maritime spaces, said a release from the foreign ministry in Buenos Aires on occasion of the day the country commemorates the creation, on 10 June 1829, of the political and military command of the Malvinas Islands and adjacent Cape Horn spaces.

• Wednesday, June 10th 2015 - 05:01 UTC

  Argentina comes to a halt as transport unions shut-down buses, trains, subways, air traffic

  

  A strike by Argentine transport workers caused chaos for Buenos Aires commuters and forced airlines to cancel flights on Tuesday as the government accused unions of playing pre-election politics.

• Tuesday, June 9th 2015 - 07:49 UTC

  Argentina is paradise: poverty below 5% rate Cristina Fernandez tells the world

  

  Argentine President Cristina Fernández sparked controversy on Sunday when in a speech before the FAO conference in Rome, she endorsed widely disputed government figures on poverty, saying the rate was “below five percent,” adding that destitution in the country stood at 1.27%. If this was correct Argentina's poverty rate is below that of OECD rich league members.

• Monday, June 8th 2015 - 08:32 UTC

  YPF strikes shale gas in Vaca Muerta; initial production 43.000 m3day

  

  Argentina's government managed energy company YPF said on Sunday that it turned up a new promising shale gas deposit in its giant Vaca Muerta field in the south of the country.The find, in the Patagonian province of Neuquen, suggests there is likely much more gas in the vast but barely tapped Vaca Muerta field, YPF said.

• Monday, June 8th 2015 - 08:25 UTC

  “Argentine Malvinas question” support group has a branch in Saudi Arabia

  

  Argentina is seeking the support of Saudi Arabia in its dispute with the United Kingdom over the Falkland Islands sovereignty. This was the appeal of the country's Ambassador Jaime Sergio Cerda during a seminar recently on the matter at his residence in the Diplomatic Quarter of Riyadh, reports Arab News.