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World Bank President Calls Oil Company Nationalization “Mistake”

Posted April 19th, 2012 at 12:35 pm (UTC-5)
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The President of the World Bank, Robert Zoellick, criticized Argentina’s plans to nationalize its largest oil company. Robert Zoellick spoke Thursday in Washington at a news conference. He cautioned policymakers against moves based on populism and protectionism that could hurt the economy. The Argentine government announced plans earlier this week to take over YPF, an […]

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World Bank President Calls Oil Company Nationalization “Mistake”

Posted April 19th, 2012 at 12:10 pm (UTC-5)
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The President of the World Bank, Robert Zoellick, says Argentina’s plans to nationalize its largest oil company are “a mistake.” Robert Zoellick spoke Thursday in Washington at a news conference. He cautioned policymakers against moves based on populism and protectionism that could hurt the economy. The Argentine government announced plans earlier this week to take […]

Tags: , , Posted in Economy

11 Dead, More Than 200 Injured in Argentina Train-Bus Accident

Posted September 13th, 2011 at 6:35 pm (UTC-5)
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Authorities in Argentina say a train slammed into a bus and was then struck by another train during the morning rush hour, leaving at least 11 people dead and 200 others injured. Officials say the deadly accident occurred in Buenos Aires Tuesday as thousands of commuters were pouring into the capital’s Flores station to head […]

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Argentina’s Menem Cleared of Arms Smuggling

Posted September 13th, 2011 at 6:05 pm (UTC-5)
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Former Argentine President Carlos Menem has been acquitted of charges he allegedly orchestrated the smuggling of arms to Croatia and Ecuador in the 1990’s. Mr. Menem and 17 others were cleared Tuesday following the trial, which lasted nearly three years. Had he been convicted, the 81-year-old former president could have faced at least eight years […]

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9 Dead, More Than 200 Injured in Argentina Train-Bus Accident

Posted September 13th, 2011 at 2:25 pm (UTC-5)
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Authorities in Argentina say a train slammed into a bus and was then struck by another train during the morning rush hour, leaving at least nine people dead and 200 others injured. Officials say the deadly accident occurred in Buenos Aires Tuesday as thousands of commuters were pouring into the capital’s Flores station to head […]

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Earthquake Strikes Northern Argentina

Posted September 2nd, 2011 at 11:40 am (UTC-5)
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An earthquake struck northern Argentina Friday. The U.S. Geological Survey says the 6.4-magnitude earthquake struck Friday morning, 130 kilometers southeast of Santiago del Estero. The quake was centered about 600 kilometers underground. There were no immediate reports of damage.

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DNA Links Argentine Tour Guide to French Murders

Posted August 16th, 2011 at 4:20 pm (UTC-5)
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Authorities in Argentina say DNA evidence has linked a 24-year-old Argentine tour guide to the recent murder of two French tourists. A spokesman from the prosecutor’s office in the province of Salta Tuesday said DNA taken from the body of 24-year-old Moumni Houria matches that of suspect Gustavo Lasi. He is one of eight suspects […]

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Argentine President Sweeps Open Primary

Posted August 15th, 2011 at 3:10 pm (UTC-5)
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Argentine President Cristina Fernandez de Kirchner looks set to win a second term in October after defeating her rivals in an open primary Sunday. With nearly all the polling places reporting, President Fernandez had just over 50 percent of the vote, while her two closest rivals trailed by at least 37 percentage points. Voters chose […]

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Exit Polls: Fernandez Has Big Lead in Argentina Presidential Primary

Posted August 14th, 2011 at 9:05 pm (UTC-5)
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Television exit polls show Argentina’s President Christina Fernandez de Kirchner well on her way toward reelection in October after Sunday’s open primary. The exit polls give her about 45 percent of the vote, far ahead of the second place candidate. Final results are expected Monday. Sunday’s primary was Argentina’s first open primary, meaning that all […]

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China’s Biggest Bank to Enter Argentina Market

Posted August 5th, 2011 at 5:05 am (UTC-5)
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China’s largest bank said Friday that it will buy stakes in Standard Bank Argentina. State-owned Industrial and Commercial Bank of China said it will pay $600 million for the stake in South Africa-based Standard Bank Group’s Argentine unit. The purchase gives ICBC an 80 percent stake in the group, which has 103 branches throughout Argentina. […]

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