Tag: Argentina

• Friday, November 18th 2011 - 21:39 UTC

  Argentine economic activity expands in September for 25th straight month

  

  Argentina's economy grew 7.7% in September from a year earlier, the government said on Friday, beating market expectations and marking the 25th straight month of growth.

• Friday, November 18th 2011 - 21:27 UTC

  CFK calls for a national ‘intellectual sovereignty’ commitment and ‘the 2003 model’

  

  President Cristina Fernández urged Argentines ”to make an effort to understand the moment the country and the world are undergoing” while heading a ceremony to commemorate the 160th anniversary of the Vuelta de Obligado battle in the Buenos Aires area of San Pedro.

• Friday, November 18th 2011 - 06:11 UTC

  Argentine economic activity expands at steady pace, but signs of cooling

  

  Argentine economic activity grew at a steady pace in October but there are signs that growth will cool in the coming months, local consultants Orlando J. Ferreres & Asociados, OJF, said Thursday.

• Friday, November 18th 2011 - 05:27 UTC

  Peugeot and GM Argentina promise not to remit dividends for two years

  

  The French auto consortium Peugeot-Citröen agreed with the Argentine government not to remit earnings during two years (2011/2012), approximately 50 million dollars announced Argentine government sources.

• Thursday, November 17th 2011 - 17:41 UTC

  G20 president says Uruguay is no ‘fiscal haven’ and praises transparency commitment

  

  Uruguay received a huge political boost from Mexico (the same it was denied from its Mercosur partners under influence from Argentina) in its dispute with the recent G20 summit which through spokesperson French president Nicholas Sarkozy described Uruguay as a ‘fiscal haven’.

• Thursday, November 17th 2011 - 07:04 UTC

  Top banker forecasts ‘dollar run’ in Argentina will dissolve: plenty of reserves

  

  The former head of the Argentine Central Bank, Mario Blejer assured on Wednesday that in the exchange market “tension has been created which will only start to dissolve as and when we minimize the analysis of the subject.”

• Thursday, November 17th 2011 - 03:49 UTC

  Uruguay denies access to Malvinas-bound Royal Navy vessels to please Argentina

  

  Uruguay had to stand up to a world power and deny dock access to a Royal Navy vessel on its way to the Falklands/Malvinas to retain good relations with Argentina, admitted the Uruguayan President Jose Mujica in Guadalajara where he met with members of the Uruguayan colony in Mexico.

• Thursday, November 17th 2011 - 01:32 UTC

  Argentina cuts utilities subsidies to large companies and high-income households

  

  Argentina announced Wednesday a further adjustment to its extended public utilities (electricity, water and gas) subsidies policy and this time the cuts will apply to large companies and high income households.

• Wednesday, November 16th 2011 - 05:14 UTC

  Argentine Vice President elect urges Latam countries to use local currencies

  

  Argentine Economy Minister and Vice-President elect Amado Boudou urged Latin American countries to increase the use of local currencies in regional trade instead of depending on other currency such as the dollar.

• Wednesday, November 16th 2011 - 05:11 UTC

  US will “keep reminding” Argentina it must comply with international obligations

  

  The administration of President Barak Obama reaffirmed its decision to “keep reminding” Argentina of the need to comply with its international obligations as well as the importance of upholding an investment climate ‘transparent and fair’ that includes paying creditors, points out a piece from Buenos Aires La Nacion correspondent in Washington.