Tag: Argentina

• Thursday, January 23rd 2014 - 09:37 UTC

  Argentina strangles Montevideo port activity; operators call for a bilateral agreement

  

  Container operators in the port of Montevideo are demanding from Uruguayan authorities an agreement with Argentina to recover all the transshipment activity which has been lost since November when the government of President Cristina Fernandez retaliated against Uruguay over bilateral issues.

• Thursday, January 23rd 2014 - 09:26 UTC

  US dollar with no cap in Argentina: climbs 3.4% in a single day

  

  The US dollar in the Argentine official market on Wednesday soared 23 cents to 7.125 Pesos, establishing a new record in the midst of uncertainty and frantic trading. The last time the greenback price climbed 3.4% in a single day was back in April 2002. Since the beginning of the year the Argentine peso has plunged 9% against the dollar and a year ago the dollar stood at 5 Argentine Pesos.

• Wednesday, January 22nd 2014 - 17:10 UTC

  Argentina imposes strict controls on buying on line

  

  Argentines buying online must now submit a statement to the tax agency, AFIP, before they can receive the goods at the Post Office, as the government seeks to make such purchases more expensive and help curb capital flight.

• Wednesday, January 22nd 2014 - 11:29 UTC

  Uruguay warns trade negotiations with EU could leave “a Mercosur member out”

  

  Uruguayan foreign minister Luis Almagro said it should not come as a surprise if the negotiations for a trade agreement between Mercosur and the European Union does not include all four original full members and leaves one out, although the objective is for all members to be part of the accord.

• Wednesday, January 22nd 2014 - 11:19 UTC

  Malvinas: Timerman happy because region summit will state that the Islands are Argentine

  

  Argentina is looking forward to the coming Celac summit because there will be an overwhelming acknowledgement that the Malvinas Islands are Argentine and the need for bilateral negotiations, as well as a unanimous rejection of the US blockade on Cuba, said Foreign minister Hector Timerman.

• Tuesday, January 21st 2014 - 19:12 UTC

  Falkland Islands Government Press Release: Visiting footballer Ardiles in a road taffic collision

  

  Ex-Tottenham Hotspurs player, Ossie Ardiles, was involved in a single vehicle road traffic collision (RTC) on the Darwin to Stanley road shortly after 1900hours on Monday 20th January 2014. Mr Ardiles is here filming part of a documentary on his football career for ESPN, alongside his friend and fellow Spurs star, Ricardo ‘Ricky’ Villa. Ossie’s son Federico Ardiles also joins the group.

• Tuesday, January 21st 2014 - 15:43 UTC

  Argentina in France trying to work out a debt deal with the Paris Club

  

  Desperately credit-short Argentina outlined on Monday its conditions for repaying some 9.5 billion dollars in debt to the Paris Club, a senior official at the group of creditor nations said, as the government of President Cristina Fernandez seeks to revive long-stalled talks. Argentina's international reserves have fallen to its lowest level since 2006.

• Tuesday, January 21st 2014 - 14:55 UTC

  Argentina and Brazil with the largest and fastest growing fiscal pressure in Latam

  

  Argentina’s tax revenue was at last count the largest and fastest growing in the region, the UN Economic Commission for Latin America and the Caribbean (ECLAC) revealed on Monday. At 37.3%, the latest tax revenue-to-GDP data put Argentina ahead of Brazil, with tax revenue worth 36.3% of its GDP in 2012 — and a few percentage points above the average for OECD countries at 34.6%.

• Saturday, January 18th 2014 - 06:39 UTC

  US dollar approaching the 12 Pesos mark in Argentina

  

  The US dollar in Argentina reached a new record on Friday at the end of nerve racking week which saw the greenback in the parallel market climb another 40 cents and close at 11.90 and 11.95 Pesos purchase and sale prices. During the week the US dollar soared 1.15 Pesos, and closed the week with a gap of 75.6% between the official dollar exchange and the 'blue' dollar.

• Friday, January 17th 2014 - 08:05 UTC

  US dollar keeps breaking records in Argentina; central banks reserves fall a further 100 million

  

  The US dollar reached a new record high on Thursday as purchase pressure on the so called “blue” or informal market continues pushing the price which closed 35 cents up at 11.50 pesos for buyers and 11.55 pesos for sellers.