EconomyLoop
where regional business news becomes global to everyone

Argentina: CFK to run for Senate alongside former Foreign Minister Jorge Taiana

Former Argentine President Cristina Fernandez will top the Citizen Unit's Senate ticket in the province of Buenos Aires for the upcoming primary PASO elections on August 13, alongside her former Foreign Minister Jorge Taiana, it was announced.... read more

 Merco Press14 hours ago

     
Falklands demining team have recovered over 3,000 anti-personnel mines and over 150 anti-tank mines.

SINCE their deployment in October 2016 through to June 2017, the BACTEC teams have worked on 47 minefield areas from Fox Bay, Port Howard and Goose Green to the Stanley area. The team will now leave for three months before continuing the current phas... read more

 Merco Press2 days ago
UN C24 calls for negotiations over Falkland Islands sovereignty between Argentina, UK yet again

President Mauricio Macri's administration Friday renewed Argentina's case before the United Nations' Decolonization Committee in New York to bring the United Kingdom to discuss sovereignty over the Falkland, South Georgia and South Sandwich Islands a... read more

 Merco Press2 days ago
Norwegian announces new London to Argentina route as UK growth continues

Buenos Aires becomes airline’s first South American route - New affordable fares break current monopoly on direct London-Argentina flights. Norwegian has announced a new route from London Gatwick to Buenos Aires, marking the airline’s first ever Sou... read more

 Merco Press4 days ago
Argentina to appear before UN Decolonization Committee as one on Falkland/Malvinas Islands case

The entire political spectrum will join forces behind newly-appointed Foreign Minister Jorge Faurie as new appeal for UK to discuss sovereignty is expected to be launched.... read more

 Merco Press4 days ago
Argentina: Nazi paraphernalia stash found in Buenos Aires suburb

Around 75 artifacts believed to have belonged to high-ranking nazi officers, which were stashed in a private collector's home in Beccar, a suburb of Buenos Aires, were found by Argentine police. The discovery is regarded to be further proof of the pr... read more

 Merco Press5 days ago
CFK launches new left-wing alliance for mid-term elections

Former Argentine President Cristina Fernandez de Kirchner Tuesday launched her new political alliance called Unidad Ciudadana with support from left-wing parties to vie for seats in Congress in the upcoming mid-term elections. Candidates have until S... read more

 Merco Press5 days ago
Argentine Army's website hacked - by ISIS?

The Argentine Army issued a press release through its Department of Institutional Communication to address the computer attack suffered in the previous hours and inform that the case had been reported to the judiciary's Specialized Cybercrime Unit (U... read more

 Merco Press5 days ago
Identification of Argentine soldiers buried in Falklands begins

As per the agreement between Argentina and Great Britain, the task is carried out by a mission of the International Committee of the Red Cross (ICRC). Relatives of the fallen feel mixed emotions.Thirty-five years after the war and after prolonged neg... read more

 Merco Press7 days ago
At least three killed as Argentine fishing boat sinks off Chubut

Argentine Coast Guard found Sunday the dead body of two of the nine crew members missing after Saturday's sinking of a fishing vessel off the coast of Argentina's southern province of Chubut, it was reported, while one more sailor whose body is yet t... read more

 Merco Press7 days ago
Ambassador Kent: "Bilateral ties improving but Falkland islanders will define their own future"

The British ambassador to Argentina, Mark Kent, underlined the United Kingdom's intentions to "improve" bilateral relations and admitted a meeting between President Mauricio Macri and Prime Minister Theresa May within the framework of the G20 was pos... read more

 Merco Press8 days ago
Pence to visit Colombia, Chile, Argentina and Panama in August

US Vice President Mike Pence announced he will be travelling to Central and South America later this year. During a conference on Prosperity and Security in Central America in Miami it became known that the Vice President will be touring Colombia -C... read more

 Merco Press9 days ago
Argentina joins Asian Infrastructure Investment Bank (AIIB)

In need of further international financial assistance and under pressure after settling a debt crisis, President Mauricio Macri's administration makes yet another move to seek renewed channels for funding.... read more

 Merco Press9 days ago
Clarin daily owner Ernestina Herrera de Noble dies at age 92

Ernestina Herrera de Noble, widow of Buenos Aires daily Clarin's founder Roberto Noble, died Wednesday in Buenos Aires, the newspaper's online edition announced. Herrera took over as publisher when her husband, who had started the business in 1945, p... read more

 Merco Press11 days ago
New Argentine Foreign Minister Jorge Faurie sworn in

Argentina's new foreign minister Jorge Faurie took the oath of office before President Mauricio Macri to succeed Susana Malcorra, who resigned due to "personal reasons," but will cotinue to serve the government in a different capacity.... read more

 Merco Press12 days ago
Argentine President visits first Hercules completely remodeled in the country

President Mauricio Macri visited the El Palomar Air Base, to inspect the first Hercules C-130 aircraft to undergo a modernisation process entirely in the country. During his tour of the base, Macri spoke with Air Force aviators who operate these airc... read more

 Merco Press12 days ago
Macri hosts Portuguese PM in BA to boost bilateral ties

Antonio Costa arrived in the Argentine capital on Monday to launch a Federal Mining Plan and take part in a business forum at the Foreign Ministry, among other activities.... read more

 Merco Press13 days ago
35th Anniversary of the Falkland Islands Conflict

June 14th 2017 marks the 35th anniversary of the surrender of Argentinean forces and the Liberation of the Falkland Islands. The date marks the end of the short but brutal conflict that lasted 74 days, following the Argentine invasion of April 2nd 19... read more

 Merco Press13 days ago
Argentina invites UK to resume Falklands question negotiations

Argentina has again invited the UK to resume negotiations on the Falklands/Malvinas question, following on UN assembly resolutions, and urges an end to unilateral activities related to exploration and exploitation of renewable and non renewable natur... read more

 Merco Press16 days ago
Falklands: Red Cross exhumation of Argentine remains in three phases

With 123 graves to be exhumed but 140 families waiting for news, the exhumation and identification of Argentine war dead in the Falklands will bring answers to some families, but not every family involved, Head of the International Committee of the R... read more

 Merco Press17 days ago
Germany and Argentina pledged to fight protectionism and reach a Mercosur/EU trade deal

Germany and Argentina voiced hopes Thursday for a free trade agreement between the European Union and Mercosur as German Chancellor Angela Merkel visited Buenos Aires. In talks with Argentine President Mauricio Macri, Merkel discussed bilateral comme... read more

 Merco Press17 days ago
Why many Argentines continue to support "corrupt" Cristina Fernandez

A majority of followers of ex Argentine president Cristina Fernandez "believe she is corrupt", but far from questioning her "they think it is OK", since "obviously she needed the money to get involved in politics", according to Jaime Duran Barba, soc... read more

 Merco Press18 days ago
Argentina and UK agree to implement the trade and investment March MoU

Argentina and UK agreed to begin implementing in August/September the trade and investment chapters included in the in Memorandum of Understanding signed last March in Buenos Aires. Argentine Production minister Francisco Cabrera is currently in Lond... read more

 Merco Press19 days ago
Falklands/Malvinas: Red Cross head of project has arrived in the Islands

The International Committee of the Red Cross, ICRC, has reported that final preparations are underway ahead of work to identify the mortal remains of the unidentified Argentine soldiers buried in Darwin cemetery at the Falklands/Malvinas. Laurent Cor... read more

 Merco Press22 days ago
Falklands: Goose Green commemorates 35th Liberation day

Falkland Islanders who were held prisoner in the Goose Green Community Hall by the invading Argentine forces in 1982, joined with members of the British 3 PARA to commemorate those who died during the battle to liberate the settlement which happened ... read more

 Merco Press22 days ago
Argentina inaugurates Tierra del Fuego offshore gas deposit which provides 8% of the country's demand

Argentina formally inaugurated the Vega Pleyade gas and condensate deposit off the coast of Tierra del Fuego considered the most austral of its kind in the world, and which has been supplying the country with nine million cubic meters daily since Feb... read more

 Merco Press22 days ago
ICRC team underlines good understanding with Falkland Islanders

Head of the Humanitarian Project Plan (HPP) team to identify Argentine soldiers buried at Darwin Cemetery confident to complete on-site operations in August, full task by end of year, speaks of “good understanding” with Islanders.... read more

 Merco Press24 days ago
ICRC team head realistic - 100% identifications not likely

Head of the Humanitarian Project Plan (HPP) team to identify Argentine soldiers buried at Darwin Cemetery confident to complete on-site operations in August, full task by end of year, speaks of "good understanding" with Islanders.... read more

 Merco Press25 days ago
Falklands' Darwin cemetery Red Cross team flies to the Islands on Saturday

The International Committee of the Red Cross, ICRC, which will lead the task of identifying the unknown Argentine combatants buried at the Darwin cemetery in the Falkland Islands, and currently in Buenos Aires, will be arriving in the Islands next Sa... read more

 Merco Press25 days ago
"Falklands will not be British or Argentine: rather independent most probably on 3 January 2033"

The quote was mentioned in a piece written by a retired Argentine diplomat who has visited the Falkland Islands several times, but words actually belong to a Foreign Office official appointed to the British High Commission Office in Trinidad & Tobago... read more

 Merco Press26 days ago
EU and Argentina confident a trade deal with Mercosur can be reached by the end of the year

The High Representative and Vice President of the European Commission, Federica Mogherini who visited Argentina on Monday praised the rapid progress made in negotiations on a renewed EU/Mercosur trade agreement and was confident remaining obstacles c... read more

 Merco Press27 days ago
Faurie new Argentine foreign minister; Malcorra resigns for family reasons but will remain as advisor

Argentine Foreign Minister Susana Malcorra resigned on Monday and will move to Madrid to be closer to her family, President Mauricio Macri announced. Argentina's ambassador to France, Jorge Faurie, will be the new foreign minister and Malcorra will c... read more

 Merco Press27 days ago
Malvinas Veterans acclaimed as they parade in Buenos Aires

Hundreds of Malvinas veterans were applauded and acclaimed as they marched through Buenos Aires on Friday May 27th as part of the May Revolution 207 anniversary commemorations. Veterans closed the traditional military parade along two kilometers, whi... read more

 Merco Press28 days ago
Falklands Darwin cemetery: Red Cross identification mission begins round of talks in Argentina

A delegation from the International Committee of the Red Cross is scheduled to begin this Monday a round of contacts in Buenos Aires related to the Humanitarian Project Plan for the identification of unknown Argentine combatants buried at the Darwin ... read more

 Merco Press28 days ago
Cristina Fernandez prepared to run for Congress to put a break to Macri's policies

Argentine ex president Cristina Fernandez said on Thursday she is open to the possibility of running for a seat in Congress in the October midterm elections, since she considers essential to put a stop to the policies implemented by her successor, pr... read more

 Merco Press31 days ago
Argentina honors Spanish fisherman who spied on the Task Force during the Falklands war

The Argentine embassy in Madrid honored a Spanish fisherman from Galicia, Fernando Otero, as a Malvinas Veteran for services accomplished during the 1982 Falklands war, spying on the British Task Force as she approached the South Atlantic. The event ... read more

 Merco Press31 days ago
Odebrecht offices in Buenos Aires raided as part of an investigation into bribes

Argentine federal agents searched the offices of the Brazilian construction conglomerate Odebrecht in Buenos Aires on Wednesday as part of an investigation into alleged bribes in the granting of construction contracts for a water treatment plant.... read more

 Merco Press31 days ago
Falklands claims C24 is unresponsive to some non self governing territories, and has a colonialist attitude

The Falkland Islands said that the reason why some Non Self Governing Territories were unresponsive to the Special Committee on Decolonization, or C24, was that the issues proposed were not attractive, and to be effective it must engage with these te... read more

 Merco Press32 days ago
Falklands cemetery combatants identification: Red Cross delegation expected in Buenos Aires

An advance mission from the International Committee of the Red Cross is expected in Buenos Aires next week to iron out details of the DNA process to be implemented for the identification of unknown Argentine combatants buried in the Falkland Islands ... read more

 Merco Press32 days ago
Argentina economy grows 0.8% in March from a year earlier

Argentina's economy grew 0.8% in March from a year earlier, the Indec statistics agency said on Tuesday. The economy also grew 1.9% in March versus February, Indec said.On Tuesday the Argentines central bank also kept its benchmark interest rate at 2... read more

 Merco Press33 days ago
Macri returns from Beijing with US$ 17bn for infrastructure and energy projects

Argentine President Mauricio Macri and Chinese counterpart Xi Jinping have signed in Beijing 16 agreements worth at least US$17 billion in areas such as energy and transport infrastructure, confirming the close links between the two countries.... read more

 Merco Press37 days ago
Malvinas Veterans expose Argentine Judiciary “delay” in addressing human rights abuses during the war

Malvinas Veterans organizations met with members of the Inter American Commission on Human Rights, IACHR, currently in Buenos Aires and complained about the “delay” of Argentine courts in addressing dozens of cases involving human rights abuses commi... read more

 Merco Press38 days ago
Argentina purchased several refurbished Mirages and engines for Pucaras

Argentine reportedly has agreed to purchase several refurbishedDassault-Breguet Super Étendard fighter bombers originally from the French navy. Apparently the Mirages are similar to those Argentine used during the Falklands conflict in 1982 and will... read more

 Merco Press38 days ago
Argentina applies to join the China led Asia Infrastructure Investment Bank

Foreign Minister Malcorra Susana said on Wednesday that Argentina has applied to join the China-led Asian Infrastructure Investment Bank (AIIB) and is willing to be actively involved in the Belt and Road Initiative.... read more

 Merco Press38 days ago
YPF targets US$ 10 cost per barrel at Vaca Muerta shale deposits, by end of 2018

Argentina's oil corporation YPF plans to match United States costs in developing non conventional energy, by the end of 2018. This refers to the very rich shale deposits of Vaca Muerta, with a target of 10 dollars per barrel and for this purpose it h... read more

 Merco Press39 days ago
An Argentine human rights reference indicted for misuse of public funds

A judge in Argentina has indicted the head of human rights organization the Mothers of Plaza de Mayo. Hebe de Bonafini, 88, has been charged with misusing public funds allocated to a social housing project.... read more

 Merco Press39 days ago
Argentina joins Beijing's OBOR initiative to promote trade and peace; Macri begins official visit to China

Argentina is a great producer of food commodities and is capable of feeding 400 million people, president Mauricio Macri said addressing in Beijing the One Belt One Road, OBOR, international cooperation summit, the Chinese initiative to promote peace... read more

 Merco Press41 days ago
Brazil states RAF Hercules flights from or to Falklands are "humanitarian motivated"

The Brazilian government discards any "irregularities" in allowing British military aircraft, flying to or from the Falkland Islands, landing in its airports since the authorizations are humanitarian motivated, revealed a source from the Brazilian go... read more

 Merco Press41 days ago
Argentina to issue US$ 20bn in sovereign bonds as part of 2017 financial program

Argentina has authorized the sale of US$20 billion in sovereign bonds to be issued under U.S. and British law, according to a decree published in the government gazette on Monday. The bond issuance, to take place under opportune market conditions, is... read more

 Merco Press41 days ago
Macri begins official visit to China and attends development forum with 27 world leaders

Argentine president Mauricio Macri, First Lady Juliana Awada, and members of the official delegation were received on Sunday by Chinese president Xi Jinping and his wife at the Great Palace of the People, where they were hosted together with 27 worl... read more

 Merco Press42 days ago