July 28, 2014
Argentina will send a negotiation team to New York today for further talks with a US court-appointed mediator Daniel Pollack in its debt dispute with "holdout" investors, Cabinet Chief Jorge Capitanich said, with just three days left to avert a default. However, POllack issued a statement saying "I have not heard from them since (Friday)." An added: "I made it perfectly clear to them that I am available to the Republic at any and all times, either in person or by telephone, in view both of the gravity of this situation and the shortness of time to resolve it without Default."• Gov’t is mulling over default, debt swap, by Francisco Aldaya
Cabinet Chief Jorge Capitanich said “the economic activity is independent” of the outcome of the country’s legal battle against the vulture funds, asked about the impact in the country's economy in case an agreement is not reached with holdout creditors by Wednesday.
Just days from a possible default, President Cristina Fernández de Kirchner will travel to Venezuela to partake in the Mercosur summit where she is expected to rally support from her regional colleagues for the country’s battle against holdout hedge funds.
Cabinet Chief Jorge Capitanich bashed the head of the Argentine Rural Society Luis Etchevehere, accusing him of being “an accomplice of crimes against humanity”. Etchevehere had criticised both Néstor and Cristina Kirchner’s administrations, a period he described as the “preyed-upon decade”.• Ministers respond to Rural Society
US stocks were little changed today as investors looked ahead to the latest economic data and corporate earnings to give direction to a market near record levels.
Internal infighting over the potential successor to President Cristina Fernández de Kirchner gained speed yesterday as Buenos Aires province Governor Daniel Scioli promised his vice-presidential candidate would be from the country’s “interior” while Interior and Transport Minister Florencio Randazzo claimed he could beat Scioli in the election.
By Martin Dokoupil
Saudi Arabia’s decision to open its stock market to foreign investors is part of an accelerating series of economic reforms that may culminate in the most far-reaching change yet: higher domestic energy prices.
Brazil's governing coalition is worried about high inflation and will seek to contain it to avoid hurting President Dilma Rousseff’s reelection chances in October, running mate and Vice-President Michel Temer said in an interview last week.
French President Francois Hollande ordered that flags on government buildings across France fly at half-mast for three days from Monday after the death of 118 people including 54 French nationals in the crash of an Air Algerie flight in Mali.• Bad weather likely cause of accident
The wrecked Costa Concordia cruise liner limped into its last port. It was towed to the Italian city of Genoa to be broken up for scrap, two-and-a-half years after running aground and sinking with the loss of 32 lives.
The Buenos Aires City stock market registered losses amid the operators’ growing uncertainty as the July 30 deadline for the negotiations between Argentina and its holdout creditors in New York approaches. The Mervasl index was down by 3% at 7,668.14 points.
The Deputy Governor of Buenos Aires province Gabriel Mariotto revealed details of a private conversation he had with Pope Francis at the Vatican.
The “blue” dollar spiked 30 cents, to 12.90 pesos, amid growing uncertainty over the negotiations between Argentina and its holdout creditors in New York, as the July 30 deadline set by US Judge Thomas Griesa approaches.
UN Secretary-General Ban Ki-moon said today that parties to the conflict in Gaza have "expressed serious interest" in his request for a further 24 hour humanitarian ceasefire, but "have not yet agreed on the timing of its implementation."• Hamas accepts 24-hour humanitarian truce
A rocket hit a fuel storage tank today in a chaotic battle for Tripoli airport that has all but closed off international flights to Libya, leaving fire-fighters struggling to extinguish a giant conflagration.• Diplomats pull out as clashes escalate
By Katie Zezima
Five and a half years into his presidency, Obama no longer has to run for re-election. But he is resurrecting his campaign rhetoric in a different context: as part of a midterm strategy of public speeches that hammer Republicans, he will return to the aspirational language that helped elevate him to office.
Recently-relegated Colón de Santa Fe today became the latest team to knock out a higher-ranked opponent from the Copa Argentina, beating Primera División side Lanús 1-0 to reach the tournament's last-16 phase while Racing Club also advanced.
Vincenzo Nibali became the first Italian to win the Tour de France since the late Marco Pantani today, dominating his rivals on all terrains as his main rivals crashed out of a superb three-week race.
By Sebastián Lacunza & Fermín Koop
Former Economy Minister Domingo Cavallo (1991-1996, 2001) welcomed the Herald in his office in Barrio Parque, surrounded by a wall of university diplomas from all over the world.
Eric Weil / Sportsworld
James Neilson / As I See it
Marcelo J. García
Michael Soltys / Senior Editor
Produced by Pablo Toledo
In the heart of north London lies the ancient Queens Wood, a green forest hidden away in a metropolis of more than 8 million residents. The sounds of the city seem to fade away * as a group of children plays in a mud kitchen, pretending to prepare food and saw wood.