Argentina

• Friday, January 12th 2007 - 20:00 UTC

  Tax on Argentine soy exports to subsidize food basket

  

  With the purpose of ensuring in 2007 an inflation of one digit, the Argentine government announced subsidies for items making up the basic food basket to be partially financed with additional taxing on soybean exports.

• Friday, January 12th 2007 - 20:00 UTC

  Argentina says “Oust Botnia” stamped bills fully valid

  

  Argentina's Central Bank said yesterday that bills that have been stamped the legend “Oust Botnia” amid a dispute between Argentina and Uruguay over a Uruguayan pulp mill – and that in hundreds of cases have been retained by cashiers as false — are fully valid and cannot be rejected by anyone or retained by banks.

• Friday, January 12th 2007 - 20:00 UTC

  Argentine Jan-Nov 2006 fish & seafood exports top those of whole 2005

  

  Argentina in the first 11 months of last year exported 550,000 tonnes of fresh and processed sea and river fish and seafood for 1.15 billion dollars, more than in the 12 months of 2005, when it sold abroad 445,000 tonnes for 799 million dollars, the SENASA phytosanitary watchdog said in a report yesterday.

• Thursday, January 11th 2007 - 20:00 UTC

  Argentine stock market seen slowing down this year after strong 2006 increase

  The Argentine stock market is expected to continue growing this year but not to match the 35 percent rise that placed it among the world's ten top performers last year, among other reasons,
  
  because that increase was mainly based on a 110-percent rise in steel company Tenaris, something that is unlikely to be duplicated, brokers told MercoPress

• Thursday, January 11th 2007 - 20:00 UTC

  Arrest warrant for former president Isabel Peron

  

  An Argentine judge has ordered the arrest of former President Isabel Peron over the disappearance of a leftist activist while she ruled between 1974 and 1976.

• Thursday, January 11th 2007 - 20:00 UTC

  Pulp mills dispute: banks retain “Oust Botnia” stamped Argentine bills

  

  Hundreds of bank clients in the Argentine city of Gualeguaychú suffered the effects of the ongoing battle of this city against the construction of pulp mills in neighboring Uruguay when bills with the inscription “Oust Botnia” were retained by cashiers.

• Thursday, January 11th 2007 - 20:00 UTC

  Successful launching of Argentine built satellite in India

  

  An Indian rocket carrying an Argentine satellite as well as three others was launched to space Wednesday placing all four successfully in orbit.

• Wednesday, January 10th 2007 - 20:00 UTC

  Pickets playing cat and mouse with Buenos Aires ferry terminal

  Officials from the Buenos Aires-Uruguay ferry shuttle company renewed their call for confidence among passengers following an informal “intelligence gathering” operation by picketers who are protesting the construction of a pulp mill in Uruguay and have promised “disruptions” this coming Friday.

• Tuesday, January 9th 2007 - 20:00 UTC

  Argentine reserves yield a record of nearly 1.4 billion dollars in 2006

  

  Argentina's Central Bank in 2006 obtained nearly 1.4 billion dollars out of investing its foreign currency reserves at a yearly yield of 5.7 percent – the highest since a crippling five-year recession ended in 2002 — and close to the 1.47 billion dollars the country reportedly spent last year in subsidies to keep inflation under two digits.

• Tuesday, January 9th 2007 - 20:00 UTC

  Argentine anchovy fishery may damage South Atlantic ecosystem

  

  The indiscriminate Argentine anchovy (Engraulis anchoita) fishing in the southern zone of Argentina could inflict serious damage to Magallanic penguins, whales, seals and sea lions population numbers, warned a study published in prominent scientific magazine Science.