Category archives for: Argentina

US seeks help from South America to counter China

The Americas Post - US Defense Secretary Leon Panetta is looking for some neighborly support

During his trip to Colombia, Brazil and Chile this week, US Defense Secretary Leon Panetta emphasized the role of those three neighbor countries as military partners in a region where U.S. influence is being challenged by China. And as the military relationships grow, defense officials say it can only help U.S. economic and political ties across the continent. Panetta’s meetings [...]

Argentina rejects Spanish demand of nine billion for YPF

The Americas Post - Tempers are flaring over Argentina's recent move to nationalize YPF

Spanish oil company Repsol-YPF announced it will demand over nine billion dollars from Argentina for nationalizing 51 percent of its YPF division, a price tag that has already been rejected by authorities in Buenos Aires. The Argentine government’s decision to take control of the company has sparked a diplomatic crisis between Argentina and Spain, while provoking [...]

United Kingdom accuses Argentines of harassing Falklands

The Americas Post - Guess what the argument is really about?  Photo Credit:  Rockhopper

Britain denounced Argentina for intimidation against the people of the Falkland Islands on Friday, after Buenos Aires announced legal action against companies conducting oil exploration in the disputed South Atlantic protectorate. Tensions between the two countries have increased approaching the thirtieth anniversary of the Argentine invasion in the Falklands, a conflict that killed 650 Argentines and 255 British soldiers. The dispute has been revived by the discovery of [...]

Biden faced with legalization question on Latin America trip

The Americas Post - Biden would prefer to avoid the subject of drug legalization on his Latin trip

Vice President Joe Biden on Sunday began a tour of Latin America under intense pressure from business and political leaders to speak on a topic that no U.S. official wants to address: the decriminalization of drugs. The presidents of Costa Rica, Guatemala, El Salvador, Colombia and Mexico, suffering the consequences of a failing drug war, [...]

Argentine-British tensions put bilateral trade at risk

The Americas Post - New demand for undersea oil has made the Falklands a bone of contention again

Recent diplomatic tension between Argentina and Britain over the Falkland Islands may affect growing bilateral trade which last year totaled 1.4 billion dollars, a new report indicates. Among Argentina’s 10 export markets under stress, the most significant is that of Great Britain, destination for 7.5 percent of Argentine sales to the European Union, says a [...]

2000-2010: Another lost decade for South America´s economic competitiveness and social welfare.

“There’s no doubt that with the growth of China, we’ve seen a re-commoditization of Latin America,” said Colombia’s Mining Minister Mauricio Cárdenas, an economist and former Director of the Latin America program at the Brookings Institution in Washington DC. In terms of economic development, Latin America did not take any advantage of the rising prices [...]

U.S. rejects Chavez cancer accusation

The Americas Post - Hugo Chavez seems to consider the US carcinogenic.  Photo Credit:  Reuters

The Obama administration has denounced Venezuelan President Hugo Chavez for implying that the U.S. could be responsible for a rash of cancer cases among Latin American leaders. The State Department on Thursday said Chavez’s comments were “horrific and reprehensible.” Spokeswoman Victoria Nuland said they were not worthy of further response. Chavez has long accused the [...]

Spain protests Argentine harassment of fishing boat in the Falklands

The Americas Post - This Spanish fishing boat outran the Argentine Coast Guard

This weekend a unique diplomatic standoff took place when a Spanish ship, authorized by Britain to fish in the Falkland Islands, was pursued by Argentine authorities but successfully fled to Uruguayan waters. The incident began when the Spanish ship Villa Nores, having departed for the Falklands from Montevideo the previous Saturday, was challenged by the [...]

Brazilian mafia links to Uruguayan casinos probed

The Americas Post - Illegal lottery results are openly posted in Rio de Janeiro.

Brazilian police are investigating possible connections between the organized crime groups controlling illegal gambling in Rio de Janeiro and Russian and Israeli mafias, with casinos in Argentina, Ecuador and Uruguay. According to daily newspaper O Globo, the legal casinos play a key role in laundering money for operators of illegal lotteries and slot machines in [...]

CELAC criticizes United States and Britain

The Americas Post - The new club is open but the US and Canada are not invited.

A newly formed Latin American and Caribbean organization has issued statements in support of Argentina’s claim to sovereignty over the British-ruled Falkland Islands and against U.S. sanctions on Cuba at the end of its first two-day summit. However, the 33-member Community of Latin American and Caribbean States, or CELAC, declined to engage in stronger anti-Western [...]

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