Tag: Argentina

• Wednesday, March 23rd 2011 - 19:47 UTC

  Argentina forecasted to expand 6.8% in electoral year with 25% inflation

  

  Goldman Sachs raised its forecast for Argentina’s economic growth in 2011 after the economy expanded last year at the fastest pace since 2005. Alberto Ramos Goldman Sachs economist raised the GDP expansion estimate to 6.8% from a previous 5.6%, according to an e-mail statement.

• Tuesday, March 22nd 2011 - 08:19 UTC

  Argentina’s 2010/11 harvest estimated at over 100 million tons

  

  Argentina’s 2010/2011 grains and oilseeds harvest is estimated to have reached 100.46 million tons, which is above last year’s according to the latest technical report from the Ministry of Agriculture released this week.

• Tuesday, March 22nd 2011 - 08:10 UTC

  In twelve Argentine provinces inflation is two times and a half the official index

  

  Several Argentine provinces mistrustful of government statistics, particularly inflation have mounted their own offices which show that consumer prices in the last twelve months have soared on average 27.5%, which is almost two and a half times the official index applicable to Buenos Aires City and Buenos Aires province

• Tuesday, March 22nd 2011 - 08:06 UTC

  Buenos Aires main airports cancel all flights as communications system collapses

  

  Flights began to be resumed late Monday in Argentina’s two main airports after they had to be cancelled due to technical problems with the Control Tower system.

• Monday, March 21st 2011 - 07:50 UTC

  Organized labour insists in sharing presidential ticket with Cristina Kirchner

  

  Argentine organized labour continues to put pressure on the government insisting that a representative from the unions should be in the presidential ticket with Cristina Fernandez de Kirchner who is expected in the coming weeks to announce her re-election bid for next October elections.

• Sunday, March 20th 2011 - 07:31 UTC

  Moyano suspends strike, threatens the press and says workers want to share power

  

  The head of Argentina’s powerful CGT Labour Confederation Hugo Moyano suspended the national strike and demonstration that was going to be held on Monday, but warned the government that their aim is to take the workers to “power.”

• Saturday, March 19th 2011 - 07:26 UTC

  Oil legislation to obstrut Falklands’ industry, a ‘boomerang’ for Argentine companies says FCO

  

  For the Foreign Office the bill approved this week by the Argentine congress that proscribes fines and sanctions for companies or persons involved in support of the oil industry in the Falkland Islands is a ‘boomerang’’ that will only harm Argentine companies, reports Buenos Aires daily La Nacion in its Friday edition.

• Saturday, March 19th 2011 - 07:19 UTC

  Argentina on its way to become net energy importer, claim former ministers

  

  Eight of Argentina's former energy secretaries have released another document highly critical of the government's energy policies. The document, signed by most of the people who have run the Energy Secretariat since Argentina's return to democracy in 1983, is a scathing criticism of government policy.

• Saturday, March 19th 2011 - 07:13 UTC

  Argentine economy expanded 9.2% in 2010 and begins 2011 with a”6% floor”

  

  Argentina’s economy grew 9.2% during the last quarter of 2010 compared to the same period in 2009, according to an official report from the government’s statistics office, Indec. The country’s GDP also increased 2.5% compared to the previous trimester and totalling 9.2% growth during 2010.

• Saturday, March 19th 2011 - 07:09 UTC

  Swiss Attorney General denies Argentina’s union leader is under investigation

  

  The office of the Swiss Attorney General Friday confirmed Friday it has asked Argentine authorities for legal assistance amid an ongoing investigation into alleged money laundering.