Argentina extends $70 mln loan to support GM's local affiliate

Argentina's President Cristina Fernandez de Kirchner (C) applauds during her visit to a General Motors plant in Santa Fe, a central province of Argentina, on June 4, 2009. Fernandez announced Thursday that the Argentine government will extend a 70 million dollar loan to support General Motors' local affiliate as U.S. automaker General Motors Corp has filed for bankruptcy protection.

(Xinhua/Anta)