Correspondent, Argentina
Luis Andres's Feed
Mar 27, 2012

Suspected death squad cars found at Argentine base

BUENOS AIRES, March 27 (Reuters) – Argentine investigators
have unearthed 43 Ford Falcon cars that death squads may have
used to abduct dissidents during the country’s 1976-1983 “Dirty
War,” court documents published on Tuesday showed.

The Falcons conjure spine-chilling memories in Argentina
because they were used to haul suspected leftists off for
questioning during the military dictatorship, when up to 30,000
people were killed.

Mar 15, 2012

Argentina set to free up cenbank reserves, with lower house passage

BUENOS AIRES, March 14 (Reuters) – Argentina’s lower
house approved a bill on Wednesday to free up more central bank
reserves for debt payments, a move that paves the way for the
government to keep spending high but which has been criticized
as inflationary.

With Argentina’s trade and budget surpluses eroding on big
public spending that has helped foster a booming economy for
most of the past nine years, President Cristina Fernandez’s
administration is seeking to plug fiscal holes.

Mar 6, 2012

Argentine minister blasts U.S. judge’s order on defaulted debt

BUENOS AIRES, March 5 (Reuters) – Argentina’s Economy
Minister on Monday lambasted a U.S. judge who ordered the
country to pay interest to a holdout creditor on debt it
defaulted on a decade ago, saying the judge had changed tack and
succumbed to pressure from so-called “vulture funds”.

NML Capital Ltd and other holdout creditors who rejected
debt swaps in 2005 and 2010 are suing to recover the full value
of their non-performing bonds after Argentina defaulted on some
$100 billion in sovereign debt in 2002.

Mar 2, 2012

EXCLUSIVE-Argentina barters soy diesel for LNG imports

By Oleg Vukmanovic and Luis Andres Henao

LONDON/BUENOS AIRES, March 2 (Reuters) – Argentina, facing a dollar crunch and smarting from a surging fuel import bill, is pressing to change payment terms on seaborne gas imports by negotiating discounts and bartering for cargoes with biodiesel made from soybeans, not cash.

The shrinking of the nation’s reserves of dollars, blamed partly on a surge in energy imports, has forced the government in Buenos Aires to ask state-run energy firm Enarsa to curb expenditures in the U.S. currency. Energy imports are typically priced in dollars.

Feb 29, 2012

Brazil’s northeast enjoys sweet sugar cane crop

SAO PAULO, Feb 29 (Reuters) – Record output from Brazil’s northeast sugarcane crop, an often overlooked but key source of global supply, will help offset losses from the struggling main center-south cane region this year partly due to an irrigation push that is giving it an edge.

The rise in cane output in the northeast, which churns out almost as much sugar as Russia, has allowed the region to become one of the world’s top 10 producers, at a time when strong global demand and weak output from the massive center-south region has pushed sugar futures above 25 cents per lb <SBc1>.

Feb 4, 2012

“Iron Lady” film draws sympathy for Thatcher in Argentina

BUENOS AIRES (Reuters) – Long reviled in Argentina for leading Britain to war over the Falkland Islands, Margaret Thatcher’s portrayal as a vulnerable, elderly woman suffering from dementia in new film “The Iron Lady” has won her newfound sympathy with Argentine moviegoers.

The Oscar-nominated film shows Thatcher, the 86-year-old former British prime minister, as a confused and lonely old woman remembering flashbacks of her divisive political career, and its release comes as diplomatic tensions over the Falklands are flaring anew.

Jan 27, 2012

Brazil OJ industry wants US to ease fungicide limit

SAO PAULO (Reuters) – Brazil’s orange juice industry said on Friday it is urging U.S. authorities to permit a higher level of the fungicide carbendazim in its shipments, several of which have been detained by the United States.

Industry representatives told reporters on a call that they are asking the U.S. Food and Drug Administration (FDA) to allow up to 60 parts per billion in frozen concentrated orange juice, still within levels deemed safe but more than the current 10 ppb limit.

Dec 20, 2011

Mercosur bloc presidents agree to raise tariffs

MONTEVIDEO | Tue Dec 20, 2011 9:26pm EST

(Reuters) -Presidents of the Mercosur trade bloc on Tuesday agreed to individually raise tariffs on imports to shield their industries from a flood of cheaper imported goods stemming from the global economic crisis.

At a meeting in Uruguay’s capital, full members Argentina, Brazil, Paraguay and Uruguay said the plan to hike duties aims to protect industries from what Brazilian President Dilma Rousseff called “an avalanche of predatory imports that jeopardize growth and employment.”

Dec 16, 2011

Argentine lower house passes foreign land sales bill

By Luis Andres Henao

BUENOS AIRES, Dec 16 (Reuters) – Argentina’s lower house approved a bill on Friday to curb farmland sales to foreigners in one of the world’s top grains exporters, a measure the center-left government says is vital to protect a strategic resource.

Growing global demand for biofuels and food, especially grains crops such as soybeans, have fueled the debate over the need for tighter controls on land sales to foreigners in Argentina and neighboring countries such as Brazil and Uruguay.

Dec 1, 2011

Argentine fishing chief to become agriculture minister-source

By Luis Andres Henao

BUENOS AIRES, Dec 1 (Reuters) – Argentina’s Undersecretary of Fishing Norberto Yahuar will replace the departing agriculture minister when a new government is sworn in this month, a high -level source at the farm ministry said.

Agriculture is a vital sector in Argentina, the world’s top soymeal and soyoil exporter. Current farm minister Julian Dominguez will leave the post to take a seat in Congress as of Dec. 10,  when President Cristina Fernandez starts a second term in office.

    • About Luis Andres

      "Luis Andres Henao covers general, political and economic news in Argentina. He has also lived in Colombia, Ecuador, Spain and the British Virgin Islands and worked as a journalist in Ireland, El Salvador, and Peru. Prior to joining Reuters he worked for The Boston Globe and The Miami Herald. Henao is a graduate of the Columbia University Graduate School of Journalism."
    • More from Luis Andres

    • Contact Luis Andres

    • Follow Luis Andres