Tag: Argentina

Wednesday, October 15th 2014 - 10:31 UTC
Argentine delegation after trade and investors in India

A numerous Argentine delegation will be attending this week trade and investment conferences in New Delhi as part of the country's efforts to increase exports to the growing Indian market and attract investors.
Tuesday, October 14th 2014 - 05:15 UTC
Lady Alice: “Argentines eat a lot of beef, but have never eaten a journalist”

Jeremy Clarkson and BBC's 'Top Gear' program need publicity and controversy to keep going and that he has managed with his recent incursion through the south of Argentina, which ended with his team escorted to the border with Chile fearing 'for their lives', which obviously impeded them from accomplishing their formal task but not the real objective.
Monday, October 13th 2014 - 07:17 UTC
Argentina doesn't need international credit, “we have foreign currency to face debt maturities”

Argentine Economy Minister Axel Kicillof has assured that the government of president Cristina Fernandez is not seeking international financing despite current economic problems, since it has foreign trade surpluses and all the foreign exchange needed to face debt maturities.
Friday, October 10th 2014 - 05:30 UTC
Industrial activity in Argentina down 2.9% in eight months of the year

Industrial activity in Argentina dropped 4.9% during August compared to the same month a year ago, reported the Argentine Industrial Union (UIA), the country's most influential manufacturers' lobby. This represents its sixth straight fall and a 2,9% decline for the first eight months of 2014.
Friday, October 10th 2014 - 05:25 UTC
Buenos Aires City inflation in September up 2.2% and 40.3% in twelve months

The Buenos Aires City consumer price index climbed 2.2% during September accumulating 40.3% in the last twelve months according to the latest release from the City's stats office. So far this year (nine months) inflation has reached 31.1%
Friday, October 10th 2014 - 04:47 UTC
Damon Albarn apologizes to Argentina for Top Gear's offensive behavior

Damon Albarn has apologized to the people of Argentina after Top Gear offended the population with an inappropriate number plate while filming their BBC show in the country. In effect during his set at one Buenos Aires main theatres this week the Blur front-man called To Gear's Jeremy Clarkson a “f****** a*****” over the serious gaffe.
Thursday, October 9th 2014 - 10:36 UTC
YPF goes overseas: signs agreement with Ecuador to recover mature fields

Argentina's state-run energy company YPF closed on Wednesday an agreement with Ecuador's state-owned company Petroamazonas for the enhanced recovery of the mature field of El Campo Yuralpa which will demand an investment in the range of 170 million dollars.
Thursday, October 9th 2014 - 08:23 UTC
“Holdouts” reveal alleged money laundering operations of business people close to Cristina Fernandez

The American Task Force (AFTA) sponsored by 'holdouts' NML in litigation with Argentina over sovereign bonds payment, revealed on Wednesday foreign accounts of Argentine public works contractor, believed to be involved with the Kirchner family businesses, Lazaro Baez, and showed a map with the money movement, allegedly committing the crime of money laundering.
Thursday, October 9th 2014 - 06:38 UTC
YPF admits contacts with Russia's Gazprom but no accord or MOU has been reached

Argentina's state-run energy company YPF admitted on Wednesday having held promising meetings with Russia's Gazpron to consider different collaboration and business opportunities, “but so far has not signed any Memorandum of Understanding, MOU or agreement”.
Wednesday, October 8th 2014 - 20:40 UTC
IMF forecasts two years of recession for Argentina

The International Monetary Fund anticipates two years of recession for Argentina in a context of “increasing economic misbalances” and “uncertainty” because of the ongoing litigation with the holdouts or 'vulture funds', as well as inflationary tensions.