Tag: Argentina

Thursday, August 1st 2013 - 04:04 UTC
Cristina Fernandez says unemployment is down to 7.2% but calls for more job creation

Argentina's unemployment rate fell to 7.2% in the second quarter of 2013 compared with 7.9% in the first quarter of the year, President Cristina Fernandez announced during a speech praising her government’s industrialization and added-value policies.
Thursday, August 1st 2013 - 03:19 UTC
Obama propose political consultant and elite fund-raiser as next ambassador in Argentina

The White House has confirmed that US president Barack Obama has proposed fellow Democratic Party member Noah Mamet as the new ambassador in Buenos Aires, to replace outgoing incumbent Vilma Martínez.
Thursday, August 1st 2013 - 02:52 UTC
Falklands’ war: UK deployed laser weapon to ‘dazzle’ enemy pilots, say released documents

The United Kingdom deployed a laser weapon during the Falkland Islands 1982 war with Argentina designed to “dazzle” enemy pilots who were attacking British warships, according to secret documents released Wednesday.
Tuesday, July 30th 2013 - 03:03 UTC
Eclac joins the club of Argentine government official stats disbelievers and says inflation is 20.5%

Following on the steps of the IMF (and World Bank) which has strongly questioned Argentine official stats (mainly inflation and GDP growth), the United Nations Economic Commission for Latin America and the Caribbean, Eclac, also joined the club of disbelievers since in its last report on the regional economy appealed to other stats’ sources.
Tuesday, July 30th 2013 - 02:48 UTC
Argentine auto-manufacturing boosts June and half year industrial production stats

Boosted by auto and metal-mechanic manufacturing industrial production in Argentina during June increased 3.8% compared to the same month a year ago, according to the latest release from Indec. Since April and May were also positive this means that the second quarter was up 3.5% over a year ago.
Tuesday, July 30th 2013 - 02:40 UTC
Falklands at C24: ‘Alejandro Betts misrepresents’, says Professor Willets

Mr. Alejandro Betts spoke on 20 June this year at the UN Special Committee on Decolonisation, as a petitioner on the “Falklands (Malvinas) Question.” It has been brought to my attention that his speech included a highly distorted account of my visit to the Islands to observe the referendum on behalf of the South Atlantic Council.
Monday, July 29th 2013 - 03:40 UTC
Cristina Fernandez administration accused of corruption and waste by farm leaders

Claiming the government of President Cristina Fernandez has wasted opportunities with ‘cheap politics and extended corruption’, the Argentine Rural Society, SRA president Luis Miguel Etchevehere inaugurated this weekend the Rural farm show in Palermo, the largest event of its kind in Argentina.
Saturday, July 27th 2013 - 05:16 UTC
Cristina Fernandez on campaign for October mid term elections hikes minimum wage 25.5%

The minimum wage In Argentina will increase 25.5% to 3,600 Pesos, President Cristina Fernández announced. The hike will be implemented in two phases, with the lowest legal salary rising to 3,300 Pesos as of August and 3,600 in January 2014.
Saturday, July 27th 2013 - 05:11 UTC
Repsol takes YPF/Chevron deal to World Bank’s Investment Disputes Centre

Spanish oil company Repsol asked the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) to take provisional measures to prevent YPF state-owned oil company to execute the deal it sealed with Chevron last year to explore for unconventional hydrocarbons in the Vaca Muerta shale formation.
Saturday, July 27th 2013 - 04:51 UTC
France will side with Argentina before the US Supreme Court says Telam

France has asked the US Supreme Court to review Argentina's case in its decade-old legal battle with holdout creditors, Argentina's state news agency Telam said on Friday, citing unnamed legal sources familiar with the situation.