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US high court backs BG Group against Argentina

The US Supreme Court ruled Wednesday that Argentina must pay British company BG Group $185 million for losses arising from the country's 2001-2002 economic crisis. The US high court endorsed a lower court's ruling in the case that a US-based tribunal had the power to settle the dispute between the two sides based on their original contract under Argentine law.

One killed, four hurt in Argentina building collapse

A building collapse during a botched demolition in Argentina has killed a worker and injured four others, officials said Tuesday, as rescue crews searched for survivors. The incident happened in the capital Buenos Aires. Of those wounded, one has been hospitalized, according to first responders. The deceased was 46 years old. In their search for possibly more victims, rescuers were removing rubble from the site, located in the commercial and residential neighborhood of Once.

One killed, four hurt in Argentina building collapse

A building collapse during a botched demolition in Argentina has killed a worker and injured four others, officials said Tuesday, as rescue crews searched for survivors. The incident happened in the capital Buenos Aires. Of those wounded, one has been hospitalized, according to first responders. The deceased was 46 years old. In their search for possibly more victims, rescuers were removing rubble from the site, located in the commercial and residential neighborhood of Once.

YPF gets extension of concessions in Argentina's Chubut province

Buenos Aires, Feb 14 (EFE).- Argentine state-controlled energy company YPF said it has been granted an extension of its concession contracts for oil fields in the southern province of Chubut. The agreement with the provincial government covers the Restinga Ali, Sarmiento, Campamento Central-Cañadon Perdido, Manantiales Behr and El Trebol-Escalante concessions, the company said Thursday in a filing with the Buenos Aires Stock Exchange.

YPF gets extension of concessions in Argentina's Chubut province

Buenos Aires, Feb 14 (EFE).- Argentine state-controlled energy company YPF said it has been granted an extension of its concession contracts for oil fields in the southern province of Chubut. The agreement with the provincial government covers the Restinga Ali, Sarmiento, Campamento Central-Cañadon Perdido, Manantiales Behr and El Trebol-Escalante concessions, the company said Thursday in a filing with the Buenos Aires Stock Exchange.

Argentine gov't returns railways to private sector

Buenos Aires, Feb 12 (EFE).- Argentina's government on Wednesday re-privatized the management of most of the passenger railway lines serving the capital region, but under much stricter supervision. Two of the commuter lines in Greater Buenos Aires - Mitre and San Martin - will be operated by Roggio, one of Argentina's largest infrastructure groups and the majority shareholder in Metrovias, which manages the Buenos Aires metro.

Argentine gov't returns railways to private sector

Buenos Aires, Feb 12 (EFE).- Argentina's government on Wednesday re-privatized the management of most of the passenger railway lines serving the capital region, but under much stricter supervision. Two of the commuter lines in Greater Buenos Aires - Mitre and San Martin - will be operated by Roggio, one of Argentina's largest infrastructure groups and the majority shareholder in Metrovias, which manages the Buenos Aires metro.

Nine die battling Buenos Aires blaze

At least nine firefighters and rescue workers were killed in Buenos Aires Wednesday when the wall of a warehouse engulfed by flames collapsed on top of them, officials said. The wall fell as firefighters were using an electric saw to cut through a huge iron gate at the warehouse, which housed archival bank records. Authorities said the dead included six members from a federal police firefighting unit, a volunteer firefighter and two members of Argentina's civil guard.

9 firefighters, rescuers die battling Buenos Aires blaze

At least nine firefighters and rescue workers were killed in Buenos Aires Wednesday when the wall of a warehouse engulfed by flames collapsed on top of them, officials said. Authorities said the dead included six members from a federal police firefighting unit, a volunteer firefighter and two members of Argentina's civil guard. Security Secretary Sergio Berni told reporters at a press conference at the scene that rescuers were continuing to look for additional victims in the building's debris.

6 Out of every 10 Argentines active in politics, survey shows

Buenos Aires, Jan 13 (EFE).- Argentine society is highly politicized, with six out of every 10 citizens taking part in a political event last year, and four out of every 10 being active members or sympathizing with some political party, according to a survey published Monday. The survey, carried out by Flacso and Ibarometro, identifies the groups with the greatest interest in politics as men, 71.7 percent; college students, 84.6 percent; and people between the ages of 18 and 30, 69.4 percent.
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