Friday
October 31, 2014

Argentina >

31/10/2014 | 

Industrial activity falls 1.8% in September

According to the INDEC statistics bureau, industrial activity dropped 1.8 percent in September compared to the same month of 2013.

31/10/2014 | 

Construction hits record growth of 2014

Construction activity grew 3.2 percent in September compared to the same month of 2013. It was the highest increase in the sector of 2014, INDEC said.

31/10/2014 | 

Use of public services climbs 4.7%

The use of public services registered a 4.7 percent growth in September year-on-year, and accumulates a 4.6% increase during the first nine months of 2014, according to the INDEC national statistics bureau.

31/10/2014 | 

Luján River water levels down but flood watch remains

The Luján River was coming down to 4.83 meters after hitting a 5.32-meter high on Thursday. Still, concerns continue in the Buenos Aires province city with weather forecasts announcing more rains for the upcoming days.

31/10/2014 | 

Cobos will put all criminals in jail, whether they are 'Argentineans, foreigners or the VP'

If he gets to the presidency next year, it will be anyone who commits a crime to go to jail no matter if that person is an Argentinean, a foreigner or the vice president of the nation himself, Julio Cobos said.

31/10/2014 | 

Las Cañitas shooter surrenders after 3 hours of tension, panic

A shooter in the Buenos Aires City neighbourhood of Las Cañitas spread tension and panic for more than three hours when he started to fire his gun several times from his apartment this morning. The GEOF speacil team managed to secure the area and the gunman surrendered. No poeple resulted injured.

31/10/2014 | 

'Opposition is the Revoking Front'

Cabinet Chief Jorge Capitanich has taken a harsher tone against the opposition accusing its leaders representing “the Revoking Front,” seeking to carry out what he called the “M Plan.” “They want to revoke everything this government has done.” he affirmed.

30/10/2014 | 

'Argentina is not in crisis'

President Cristina Fernández de Kirchner has defended the economic model followed by her government and warned about certain opposition comments that, according to her, aim at encouraging “negative expectations” on the country’s economy, to later ease the way to economic budget cuts.

30/10/2014 | 

María Julia Alsogaray corruption trial starts

The sixth corruption trial against former Secretary of Natural Resources María Julia Alsogaray has started in the N°6 Oral Federal Court, presided by judges Julio Panelo, José Martínez Sobrino and María Roqueta.

30/10/2014 | 

Supermarket sales go up 34.9% in September

The INDEC statistics bureau has informed supermarket sales grew 34.9 percent in September, compared to the same month of 2013, while shopping centre sales increased 26.4% in the same period.

30/10/2014 | 

Argentina, China activate swap deal for u$s 814 mln

The Argentine Central Bank (BCRA) and the Peoples Republic of China’s Central Bank have agreed to activate the swap deal signed in July. The BCRA will receive the equivalent of u$s 814 million in yuans.

30/10/2014 | 

For Giorgi, Argentina 'needs to gain energy competitiveness'

Industry Minister Débora Giorgi has said Argentian needs to “gain competitiveness in energy production” and for that the country needs to “take advantage from the opportunities the region offers.”

30/10/2014 | 

Reutemann blasts 'end-of-cycle' budget

The budget bill passed by the Senate in a 39-22 vote is an “end-of-cycle” project built on “false basis,” opposition senator Carlos Reutemann said.

30/10/2014 | 

Sabbatella says telecoms reform will ‘not change a single comma’ of Media Law

The president of the AFSCA media watchdog Martín Sabbatella has rejected claims that the bill drafted by the Executive to reform the country’s telecommunications implies substantial changes to the Media Law as it opens the possibility for providers to sell “triple play” packs.

30/10/2014 | 

'Blue' dollar sinks to 14.33 pesos on control fears

The so called "blue" dollar continued its downward path, plummeting 20 cents to close at 14.33 pesos, amid renewed fears of government controls in underground exchange houses.

30/10/2014 | 

Rodríguez Larreta says PRO candidates should run in intern elections for City chair

A pre-candidate to take the baton from Buenos Aires City Mayor Mauricio Macri in next year’s vote, Horacio Rodríguez Larreta said all challengers within the PRO party should compete in intern elections.

30/10/2014 | 

Itzcovich to replace Edwin as INDEC head

The government has appointed a new head of the National Statistics and Census Institute (INDEC) today, naming Norberto Itzcovich to replace Ana María Edwin who is now director of the National Public Administration Institute (INAP).

30/10/2014 | 

Luján continues on alert for floodings

Despite the end of yesterday’s heavy rainfalls, Luján in Buenos Aires province remains on "red alert" due to the 5.08-meters swelling of the Luján River, which has caused new floodings, forcing over 200 people to leave their homes.

30/10/2014 | 

Telecoms reform 'not designed with Clarín group in mind'

Cabinet chief Jorge Capitanich defended the “Digital Argentina” bill unveiled by the Executive to reform the telecommunications sector and rejected claims of it being a new stage in the battle against the Clarín media outlet. He stressed that it is designed “for the well-being of the Argentine people.”

30/10/2014 | 

'Instead of demanding acceleration, bondholders should take legal action against Griesa'

Cabinet chief Jorge Capitanich called bondholders to “take legal action against (US Judge Thomas) Griesa instead of demanding the acceleration of (Argentine) bonds,” following rumours that Owl Creek Asset Management LP is discussing the formation of a group to demand immediate repayment on bonds.




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