EU, South American bloc strike long-sought free trade deal

BUENOS AIRES, Argentina (AP) — South America’s Mercosur bloc and the European Union struck a free-trade deal Friday after two decades of negotiations that concluded amid global trade tensions and rising protectionism.

The agreement announced by both sides came as trade talks between the EU and the United States have stalled with the Trump administration threatening to impose tariffs on all autos, a major European export to the U.S.

Blackout in South America raises questions about power grid

BUENOS AIRES, Argentina (AP) — The huge blackout that left tens of millions of people in the dark in Argentina, Uruguay and Paraguay over the weekend raised serious questions about the vulnerability of the power grid in South America and brought criticism down on Argentina’s leader.

President Mauricio Macri promised a thorough investigation into the cause of what he called an unprecedented outage. Energy officials said the findings would not be available for 10 to 15 days, and they had no immediate estimate of the economic damage from Sunday’s 14-hour power failure.

Massive blackout hits tens of millions in South America

BUENOS AIRES, Argentina (AP) — A massive blackout left tens of millions of people without electricity in Argentina, Uruguay and Paraguay on Sunday in what the Argentine president called an “unprecedented” failure in the countries’ power grid.

Authorities were working frantically to restore power, and by the evening electricity had returned to 98 percent of Argentina, according to state news agency Telam. Power also had been restored to most of Uruguay’s 3 million people as well as to people in neighboring Paraguay.

Some people try to paint negative image of Russia in Latin America - embassy

BUENOS AIRES, June 3. /TASS/: Some individuals are using media fakes to paint a negative image of Russia because of Moscow's cooperation with Venezuela, the Russian Embassy in Argentina said on Monday.

The embassy was responding to recent media reports that Russia is allegedly operating a system of informational intelligence in Latin America.

Argentina, Russia work on nuclear power plant construction

BUENOS AIRES, May 29. /TASS/: Argentina and Russia have set up a working group tasked with specifying the project on the construction of a nuclear power plant (NPP) in the Latin American country, head of the Russian agricultural watchdog Rosselkhoznadzor and chairman of the Russian-Argentine inter-governmental commission Sergey Dankvert said on Tuesday.

"The working group is tasked with specifying all matters pertaining to this project," Dankvert told reporters after the commission's session in Buenos Aires.

Argentina's GDP falls 2.5 pct in 2018

BUENOS AIRES, March 21 (Xinhua) -- Argentina's gross domestic product (GDP) fell 2.5 percent in 2018, the National Institute of Statistics and Census (INDEC) said Thursday.

During the last quarter of 2018, Argentina had a reduction of 1.2 percent in GDP compared with the previous quarter, which marks the second largest economic contraction, preceded by the 3.8-percent decline in the second quarter in which the U.S. dollar appreciated against the peso and the economy began reporting negative numbers.

Argentinians protest US intervention in Venezuela

BUENOS AIRES; 06 Feb 2019; AA: Hundreds of Argentinians held a demonstration Tuesday in the capital Buenos Aires against U.S. intervention in Venezuela.

Non-governmental organizations, trade unions and student clubs gathered at the University of Buenos Aires and marched to the U.S. embassy.

The crowd chanted slogans such as "End U.S. pressure on Latin America!” and “Establish dialogue and peace in Venezuela!”

India to host G-20 summit in 2022

Buenos Aires, Dec 2 (PTI) For the first time, India will host the annual G-20 summit in 2022, coinciding with the country's 75th anniversary of Independence.

Prime Minister Narendra Modi made the announcement at the closing ceremony of the 13th G-20 summit here in the Argentinian capital on Saturday.

He thanked Italy for allowing India to play the host. Italy was to host the international forum of the world's top 20 economies in 2022. The 14th edition will be held in Japan while Saudi Arabia will host the 15th.

US, China put brakes on trade dispute with cease-fire

BUENOS AIRES, Argentina (AP) — The United States and China reached a 90-day cease-fire in a trade dispute that has rattled financial markets and threatened world economic growth. The breakthrough came after a dinner meeting between President Donald Trump and Chinese leader Xi Jinping at the Group of 20 summit in Buenos Aires.

G20 leaders agree on trade, not quite on climate

BUENOS AIRES, Argentina (AP) — Leaders of the Group of 20 have agreed to fix the world trading system — but only 19 of them agreed to support the Paris accord on fighting climate change.

Applause rose up in the hall Saturday as the leaders, including U.S. President Donald Trump, signed off on a final statement at the end of a two-day summit.

The statement acknowledges flaws in the world trading system and calls for reforming the World Trade Organization. It doesn’t mention protectionism however, because negotiators said the U.S. had resisted that.

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