Tag: Argentina

• Friday, October 25th 2013 - 06:16 UTC

  Alleged 'secret clause' in YPF/Chevron shale agreement triggers strong controversy in Argentina

  

  A New York Times piece published on Thursday regarding the agreement between Argentine nationalized oil and gas company YPF with California based Chevron has triggered a strong controversy in Argentina because of an alleged “secret clause” in the commercial document.

• Friday, October 25th 2013 - 06:13 UTC

  Argentina will deploy 91.000 security officers for Sunday's election

  

  Ahead of Argentina's midterm elections of next Sunday, 27 October, which have not been absent of acts of violence against candidates and militants, the Defense Minister has announced that more than 91,000 security officers will be deployed across the country's 24 districts to watch over polling day.

• Friday, October 25th 2013 - 06:08 UTC

  Pacific Alliance economy ministers proved to be the best of the Americas in 2012

  

  Pacific Alliance economy ministers are rated among the best four in Latin-American, while those from Mercosur can't boast such merit, much to the contrary, according to the 2012 survey from the America Economica Intelligence report, which ranks the region's ministers in that field.

• Friday, October 25th 2013 - 05:56 UTC

  US company pays heavy fined for bribing in several countries, including Argentina

  

  The United States company Stryker Corp., the second-largest seller of orthopaedic devices, will pay more than 13.2 million dollars to settle U.S. regulatory claims that subsidiaries paid bribes in five countries to gain or retain business.

• Thursday, October 24th 2013 - 07:59 UTC

  Cristina Fernandez is 'doing fine', but must continue with 30 days of rest and no stress

  

  Argentine president Cristina Fernandez had a “neurologic-image control” test on Wednesday late evening at the Favaloro Hospital in Buenos Aires, following surgery last 8 October to remove a cranium blood clot. It was her first exit since 13 October when she was discharged from hospital and sent to the Olivos presidential residence for a strict 30 day rest-recovery period ordered by her medical team.

• Thursday, October 24th 2013 - 07:54 UTC

  'Parallel dollar holiday' in Argentina until after Sunday's election is anticipated

  

  Despite a full-fledged crackdown on the 'cave-exchanges' in the financial sector of Buenos Aires the 'parallel' US dollar ended Wednesday trading as on the previous day at 10.05 Argentine Pesos while the official rate stood at 5.82 Pesos (buying price) and 5.87 Pesos (selling price).

• Thursday, October 24th 2013 - 07:36 UTC

  Consortium led by Total to invest 1.2bn offshore Tierra del Fuego for natural gas

  

  France's Total will lead a 1.2 billion dollars project to produce natural gas off the coast of Tierra del Fuego in the extreme south Argentina. In partnership with Wintershall AG and Pan American Energy LLC, they will drill as deep as 5.5 kilometers in the Vega Pleyade field, according to Javier Rielo who heads the project.

• Wednesday, October 23rd 2013 - 20:51 UTC

  Wheat shortage in Argentina has seen bread prices skyrocket; Buenos Aires ton price is double Chicago's

  

  In the last few days the Argentine news media has been focusing on the fact that there does not seem to be enough wheat or corn to go around, which is driving prices higher and causing concern for the users of these grains. This is particularly true for bakeries which have been forced to charge soaring prices for bread.

• Wednesday, October 23rd 2013 - 16:24 UTC

  Argentine consumers expect Inflation in the next twelve months to average 31.3%

  

  Expected inflation in Argentina for the next twelve months is on average 31.3% according to the monthly survey from the Torcuato Di Tella University, UTDT. However the monthly expectation dropped 1.6 percentage points compared to September in all regions of Argentina.

• Wednesday, October 23rd 2013 - 16:22 UTC

  Monsanto and its glyphosate weed-killer embroiled in controversy in Argentina

  

  Monsanto Co. is calling for more controls on agrochemicals, including its Roundup line of glyphosate-based weed-killers, in response to an Associated Press report about concerns that illegal pesticide applications are harming human health in Argentina.