TORONTO — While Jamie Sokalsky maintains that Barrick Gold Corp. is getting its Pascua-Lama debacle under control, investors are not buying it just yet. Shares of the world’s biggest gold miner dropped 9.5% Thursday as it warned of even more cost escalation at Pascua-Lama, a giant project straddling the border of Argentina and Chile. The latest increase brings the estimated bill for Pascua-Lama up to as much as US$8.5-billion, a staggering number for a project that was supposed to cost just Read more [...]

Animals02.11.2012 The Rome cat sanctuary in the old Roman ruins of Largo Argentina may be on the move. The Italian ministry of culture says that part of it is occupying an illegal construction in an important section of the archaeological ruins.Over the last two decades the sanctuary, which is well-loved by Italians and tourists alike, has looked after thousands of the city’s stray cats, making sure that they are fed and healthy. Most of the cats that have arrived at the sanctuary Read more [...]

Fri Nov 2, 2012 1:06am EDT (The following was released by the rating agency) Overview-- On Oct. 30, 2012, Standard Poor's Ratings Services lowered to 'B-' from 'B' its unsolicited long-term sovereign credit rating on the Republic of Argentina.-- We are taking a similar rating action on four Argentine banks.-- The outlook on the ratings remains negative.Rating ActionOn Nov. 1, 2012, Standard Poor's Ratings Services lowered to 'B-' from 'B' its global scale issuer Read more [...]

02 de noviembre de 2012, 00:01Caracas, Nov 2 (Prensa Latina) Venezuela''s attraction as a leisure destination is a part of the Venezuelan proposal at the International Tourism Fair of Latin America (FIT) being held in Buenos Aires (Argentina) from November 3 to 6, said official sources here today. According to the Ministry of Tourism, the country will have a booth at the event where it will exhibit its natural and patrimonial beauties, especially the product called "Sun and Beach." The group's Read more [...]

Buenos Aires -- President Cristina Fernandez on Thursday celebrated a new law that lowers the voting age in Argentina to 16 from 18, a move that could have a big influence in next year's congressional elections.The law that won final approval Wednesday evening expands "the rights of our young people so that they can use one of the most important weapons, the showing their opinions at the voting booths," Fernandez said.The change adds 1.4 million young voters, expanding the electorate by Read more [...]

Telecom Argentina SA said Wednesday that its 4 billion peso ($840 million) capital expenditure program this year faces minor delays.Chief Executive Franco Bertone said several projects won't be finished until early next year due to difficulties in importing equipment.In the first nine months of the year, capital expenditures totaled ARS2.19 billion.Money that was earmarked to buy wireless spectrum this year will now be spent to improve the company's network."Capital expenditures freed due to the Read more [...]

Updated: 21:46, Thursday November 1, 2012 Wallabies stalwart Berrick Barnes believes he might have to battle his way back into the team off the bench on the coming European tour.Utility back Barnes started a personal-best 11 straight Tests before a punctured lung suffered against Argentina in late September put him out of Australia's last two games.Unfortunately for 46-Test veteran Barnes, Australia produced two of their better performances of a patchy season in those matches.They Read more [...]

TEHRAN (AFP) — Iran said Wednesday it has completed a first round of talks with Argentina on the 1994 bombing of a Jewish aid organisation in Buenos Aires that killed 85 people and wounded 300."On Monday and Tuesday, Iranian and Argentine legal experts held their negotiations about AMIA (the Israeli-Argentine Mutual Aid Association) and agreed to continue negotiations in the future," foreign ministry spokesman Ramin Mehmanparast said."The time and the venue of the next round of negotiations will Read more [...]

By Hugh Bronstein BUENOS AIRES (Reuters) - Argentina lowered its voting age to 16 from 18 on Wednesday, a change that could help politically ailing President Cristina Fernandez court the youth vote ahead of 2013 mid-term elections. Dozens of opposition members of the lower house of Congress Read more [...]

Wallabies stalwart Berrick Barnes believes he might have to battle his way back into the team off the bench on the coming European tour. Utility back Barnes started a personal-best 11 straight Tests before a punctured lung suffered against Argentina in late September put him out of Australia's last two games. Unfortunately for 46-Test veteran Barnes, Australia produced two of their better performances of a patchy season in those matches. They Read more [...]