Tag: Argentina

• Monday, September 27th 2010 - 15:31 UTC

  Argentina retains a “competitive peso” in spite of global inflows of US dollars

  

  Contrary to what is happening in the rest of emerging markets Argentine government efforts to weaken the peso are working. In the past three months the peso has declined 0.8% against the dollar, while for Mercosur associates Brazil and Uruguay their currencies have strengthened in the range of 3 to 5%.

• Wednesday, September 22nd 2010 - 07:29 UTC

  Argentina’s most populous province ready to return to international bond market

  

  Argentina’s most populous province is preparing a return to international bond markets to benefit from the lowest borrowing costs in two years. Buenos Aires province hired Bank of America and Deutsche Bank AG to arrange investor meetings in Europe and the US as it plans to sell 500 million US dollars in debt.

• Wednesday, September 22nd 2010 - 02:04 UTC

  Argentina takes its time before deciding what to do with Chilean guerrilla

  

  Alleged Chilean terrorist Sergio Galvarino Apablaza is to remain free while the Argentine government decides whether or not he will be extradited to Chile or if he will be granted political asylum.

• Monday, September 20th 2010 - 02:15 UTC

  Disagreement over terrorist extradition could sour Chile/Argentine relations

  

  After a lack of agreement in Chile over the extradition of ex guerrilla member Sergio Apablaza, Argentina President Cristina Fernández de Kirchner said that the meeting held with President Sebastián Piñera was an “excellent” one, during declarations made to seemingly minimize the situation.

• Friday, September 17th 2010 - 06:30 UTC

  Chinese oil company after BP’s stake in Argentina’s Pan American Energy

  

  CNOOC, Ltd, China’s biggest offshore oil explorer, may bid 10.2 billion USD for BPs 60% stake in Argentina’s Pan American Energy LLC and will probably seek a partner in the acquisition, Citigroup Inc. said.

• Tuesday, September 14th 2010 - 14:25 UTC

  Falklands’ oil and Argentina: “the potential prize made the risk worth taking”

  

  Alan Huckle retires this month as Governor of the Falkland Island. In an interview with Mercopress Mr. Huckle recalls some of the outstanding events of his mandate: a solemn, dignified 25th anniversary of the 1982 conflict; constitutional reform which transferred even greater responsibility to the Falklands elected Councilors and oil, “an issue not yet played out”.

• Tuesday, September 14th 2010 - 03:57 UTC

  S&P raises Argentina’s long term credit rating based on an improving economy

  

  Standard & Poor's raised on Monday its long-term foreign currency credit rating on Argentina by one notch, to B from B-minus, citing declining debt levels and an improving economy in 2010.

• Thursday, September 9th 2010 - 01:01 UTC

  “Legal security” in Argentina not an issue for US, according to Timerman

  

  Argentine Foreign Minister Héctor Timerman assured that in his last visit to Washington DC, neither US Secretary of State Hillary Clinton nor Assistant Secretary of State for Western Hemisphere Affairs Arturo Valenzuela had any comments regarding legal security in Argentina or Latin America.

• Wednesday, September 8th 2010 - 23:19 UTC

  Chilean rig at east access of Magellan Strait catches fire: all crew saved, no spill

  

  A Chilean-operated oil rig off Argentine Patagonia in the South Atlantic caught fire early on Wednesday, forcing all its eight workers to evacuate by rafts and oil production to shut down, reported the Argentine navy.

• Monday, September 6th 2010 - 05:11 UTC

  First Pink Point LGTB in South America opens in Buenos Aires

  

  Argentina’s capital Buenos Aires has been dubbed the new “gay mecca” of South America, and the Argentine Ministry of Tourism is running with it, according to an article published by LGBT contributed by Roy Heale.