Tag: Argentina

• Tuesday, June 5th 2012 - 07:55 UTC

  UK support for ‘threatened’ oil companies and Falklands’ right to develop its own hydrocarbons industry

  

  The United Kingdom gave its full support to the companies involved in oil and gas exploration in Falkland Islands waters, following Argentina’s announcement on Monday it was beginning legal actions against five companies committed to “illegal” and “clandestine” exploration activities in the disputed Malvinas waters.

• Monday, June 4th 2012 - 22:38 UTC

  Bright side of the Puyehue eruption: volcanic ash bricks and natural insecticides

  

  Argentine scientists developed bricks and are analyzing the possibility of making natural insecticides with the ashes from the Chilean Puyehue volcano eruption which this month a year ago covered several cities in Patagonia and caused millions of dollars losses, sources of the University that coordinates the studies announced.

• Monday, June 4th 2012 - 22:30 UTC

  Argentina accepts consultation with EU on trade restrictions and also drags Falklands’ to the dispute

  

  Argentina announced on Monday it had accepted the request from the European Union for a round of consultations, before the World Trade Organization, on the country’s controversial trade policies, but at the same time rejected all and every one of the questioned points and dragged the Falklands’ dispute into the fray.

• Monday, June 4th 2012 - 07:29 UTC

  Argentine government wants to regulate the black market for US dollars

  

  Senator and former cabinet chief Aníbal Fernández said on Sunday that the Argentine government is planning, from the open of the black market on Monday, to put pressure on money exchange traders in order for the ‘blue’ dollar rate to not go over 5.10 Argentine Pesos.

• Monday, June 4th 2012 - 06:31 UTC

  Argentine will issue bills with the likeness of the iconic Evita Peron

  

  Argentina is planning to issue bills bearing the likeness of Evita Duarte to mark the sixtieth anniversary on July 26th of the death of the wife of three times president Juan Domingo Peron, according to the Buenos Aires media.

• Monday, June 4th 2012 - 04:13 UTC

  Fitch: Chile, Peru best prepared for downturn of global economy; Argentina and Venezuela most vulnerable

  

  Chile and Peru are best positioned in Latin America to withstand a downturn in the global economy and a drop in commodity prices, while Argentina and Venezuela are the most vulnerable to any turmoil, according to a senior official from Fitch Ratings.

• Monday, June 4th 2012 - 03:08 UTC

  “Malvinas for Argentina and sea outlet for Bolivia” demands Morales at OAS meeting

  

  As anticipated in the opening speech of the 42 OAS General Assembly hosted by landlocked Bolivia, President Evo Morales put on the discussion table his country’ aspiration for an outlet to the Pacific Ocean linking it to Argentina’s sovereignty dispute with the UK over the Falklands/Malvinas Islands.

• Saturday, June 2nd 2012 - 04:39 UTC

  “We need political will on both sides” to reach agreement on Falklands/Malvinas says Argüello

  

  By Rebecca Kendall (*) - It has been 30 years since the war over the Falkland/Malvinas Islands ended, but the question of sovereignty in the Islands, located 248 miles off the coast of Argentina, is still very much fresh in the minds of those closest to the issue, including Argentina’s Ambassador to the United States Jorge Argüello.

• Saturday, June 2nd 2012 - 04:19 UTC

  Argentine senator admits having lost his temper regarding his savings in dollars, “I regret it”

  

  The most outspoken soldier of President Cristina Fernandez, Senator and former Cabinet Chief Aníbal Fernández regretted on Friday his controversial outburst on Thursday when he admitted having savings in dollars and it was nobody’s business what he did with his money.

• Saturday, June 2nd 2012 - 03:50 UTC

  Argentine construction slides and could worsen because of US dollar restrictions

  

  Argentina's construction activity experienced a notable slowdown in April, the latest indicator pointing to a cooling of economic growth. Looking ahead prospects are not encouraging given the strict restrictions on US dollars, which is the main currency for real estate operations in Argentina.