Tag: Argentina

• Sunday, March 25th 2012 - 10:27 UTC

  Under pressure from government ‘Twitterman’ Timerman off the air

  

  This last week when twitter was celebrating its sixth year, Argentina’ Foreign Affairs minister, the official which made most use of the social network finally decided to close its account and come off the air.

• Sunday, March 25th 2012 - 09:08 UTC

  Argentines take to the streets to remember the victims of the last military coup

  

  Thousands of Argentines turned out to the streets of Buenos Aires while the two houses of Congress held a special joint session on Saturday to remember the victims of the last military dictatorship on the anniversary of the beginning of the seven year long military coup that took place 36 years ago.

• Saturday, March 24th 2012 - 08:38 UTC

  Argentina declassifies scathing review of blunders committed during Malvinas war

  

  President Cristina Fernandez has finally declassified a scathing review of the mistakes made by Argentina's military junta in going to war with Britain in 1982 trying to recover the Falkland Islands.

• Saturday, March 24th 2012 - 02:52 UTC

  Argentina is facing serious trade problems and Brazil “must help in a mature way”

  

  Argentina is having serious trade problems and Brazil “in a mature way” must try and help solve them said a top official from President Dilma Rousseff administration, who anticipated he would be travelling to Buenos Aires in coming weeks.

• Saturday, March 24th 2012 - 02:31 UTC

  US relation with Argentina souring: Congress to cut special trade benefits

  

  The US administration of President Barack Obama is loosing its patience with Argentina and in coming days is expected to finalize special tariff benefits for certain Argentine exports.

• Friday, March 23rd 2012 - 23:11 UTC

  Another Argentine province cancels oil concessions to Spain’s held YPF

  

  The Argentine province of Mendoza joined on Friday other oil producing areas of the country in cancelling concession contracts which has been awarded to the Spanish owned oil corporation Repsol-YPF, with which the government of President Cristina Fernandez is involved in a controversy over long term investment.

• Friday, March 23rd 2012 - 22:56 UTC

  Fitch lowers Repsol-YPF rating; growing intervention of Argentine government feared

  

  Fitch Ratings has lowered its long-term rating on Spanish oil company Repsol YPF SA by one notch to BBB after its Argentine unit said it would pay out its dividend in shares instead of cash. Last week Moody’s adopted a similar decision. The company is currently in a dispute with the Argentine government.

• Friday, March 23rd 2012 - 22:51 UTC

  Argentina has at least a three-tier foreign money market: formal, informal and ‘cash overseas’

  

  The strict foreign currency controls and restrictions on the purchase of US dollars in Argentina have created the traditional black or informal market and a more sophisticated option by acquiring dollar denominated assets which can be cashed overseas such would be the case of shares from companies trading in New York.

• Friday, March 23rd 2012 - 06:00 UTC

  World’s largest beef producer cuts losses in Argentina and prepares to leave

  

  Brazil’s JBS, the world's biggest beef producer is on the verge of exiting Argentina due to a difficult business environment and because it is not prepared to tolerate further losses in the country.

• Friday, March 23rd 2012 - 02:18 UTC

  Canada in exploratory talks with Mercosur for a trade agreement

  

  Canadian Minister of International Trade Ed Fast has concluded a two-day trade visit to Argentina, to promote the conclusion of exploratory talks towards a possible free trade agreement (FTA) with the Mercosur trade bloc.