July 26, 2014

Only a few days ahead of the July 30 deadline for a coupon payment on exchanged bonds, the cabinet chief called Argentineans to remain “calm” and trust the government’s position to face vulture funds that refused to enter the 2005 and 2010 debt swaps.

• CFK analyse strategy in Santa Cruz • If good faith true, they'd consider stay' • Argentine delegation heads back to BA

Speaking to his counterparts at an UNASUR summit in Buenos Aires, Economy Minister Axel Kicillof said Argentina won’t face “any problems” next Wednesday when the 30-day grace period to pay holdouts ends as the country faces a “judicial extortion” that seeks to “tear down its debt restructuring process.”

Interview with lawyer specialized on financial law Sebastián Soler

‘Argentina won’t default on Wednesday’

By Fermín Koop

As an agreement hasn’t been reached so far between the government and holdouts, questions remain open over what could happen on Wednesday when the 30-day grace period for Argentina to pay ends.

React to news from New york

Bonds and stocks end week with decreases

By Andrew Graham-Yooll

For most of us in this country the original peoples ceased to exist. That was the knowledge with which I was brought up and carried through school. We are/were a nation of European exiles transposed to the River Plate. Then, on late-night radio one day a person read in a language whose tones and tunes I’d never heard. It was a sampling from an anthology of Mapuche poetry, selected by Néstor Barron and prefaced by the well-known historian Osvaldo Bayer.

Courts refuse to handle corruption allegations regarding colleagues

Graft case involving judges stalled

By Luciana Bertoia

The country’s highest criminal court is involved in a bribery scandal that more than 10 judges repeatedly refused to handle. The case, of makes evident the problems faced by the judiciary when magistrates are involved, sources told the Herald.

An under construction building located in the Buenos Aires City neighbourhood of Constitución collapsed today leaving a worker trapped for two hours. Another man resulted caught in the wreckage but emergency teams managed to rescue him first.

Argentine economic activity fell 0.2 percent in May compared to the same month last year according to the Monthly Economic Activity Estimator (EMAE), published by state-run INDEC statistics bureau.

With more than a year to go to the general elections, Buenos Aires Governor Daniel Scioli imagines himself in a runoff with BA City Mayor Mauricio Macri, he admitted yesterday.

China’s President Xi Jinping sent a letter to President Cristina Fernández de Kirchner to thank her for receiving him in Argentina and invited her to visit China.

By Carolina Nogueira

Buenos Aires has a wide assortment of children’s stage plays for the winter holidays. Most shows are not only for kids — they also provide amusement for the whole family. Apart from conventional plays, expect to find music, dance, magic and circus techniques, all of which converge on dynamic, entertaining shows.

Venezuela's former military intelligence chief, accused of involvement in drug trafficking by the United States, was arrested on a Caribbean island while on diplomatic business, the South American country said in a sternly worded statement.

Russia reacted angrily today to additional sanctions imposed by the European Union over Moscow's role in the Ukraine crisis, saying they would hamper cooperation on security issues and undermine the fight against terrorism and organized crime.

• US says Russia firing across border

The mayor of the central Ukrainian town of Kremenchuk has been shot dead while the house of another mayor in Lviv to the West has been hit by fire from a grenade launcher, the Interior Ministry said.

Palestinians in the Gaza Strip poured into the streets today to recover their dead and stock up on food supplies after a 12-hour humanitarian truce agreed by Israel and Hamas took hold.

• 12-hour truce agreed • UN Ban 'shocked, appalled' by school shelling

Brazil is set to propose at the summit of Presidents of Mercosur next Tuesday that the organism condemns Israel’s military offensive on the Gaza Strip after the diplomatic quarrel that it had with the Jewish state, which led to it recalling an envoy from Tel Aviv.

Global calls for peace in Gaza spread


The Argentine Football Association (AFA) has been sanctioned by FIFA with a 33 thousand dollar fine over the Malvinas flag displayed by players of the Albiceleste during a friendly match in La Plata a week before the World Cup, FIFA confirmed today.

FIFA remains committed to the 2018 World Cup in Russia and says a boycott would not be an effective way of reducing tensions in the region, soccer's world governing body said today.

Poor weather was the most likely cause of the crash of an Air Algerie flight in the West African state of Mali that killed all 116 people on board, French officials said.

• Castro's daughter denies death rumours


Dollar (Official price) DOLLAR (Official price) $ 8,140 $ 8,190
Dollar Blue price) DOLLAR ("Blue" price) $ 12,50 $ 12,60
Euro EURO $ 10,900 $ 11,350
Pound POUND $ 13,814 $ 13,907
Merval MERVAL $ 7.922,920 $ -3,76
Dow Jones DOW JONES $ 16.960,570 $ -0,72
Bovespa BOVESPA $ 57.821,080 $ -0,27
Full MARKET coverage HERE

Main Scream Media

Marcelo J. García

Main Scream Media

A disproportionate response?

Dorit Shavit / Ambassador of Israel in Argentina

A disproportionate response?

Learning from hockey

Eric Weil / Sportsworld

Learning from hockey

Writing in sand

Michael Soltys / Senior Editor

Writing in sand


Martín Gambarotta


Unfriendly terms

Patricio Navia

Unfriendly terms

Reality check

Andrés Federman

Reality check

Torey Novak, olive oil sommelier

Two loves

By Sorrel Moseley-Williams

While California via Pennsylvania transplant Torey Novak originally fell in love with an Argentine and travelled back and forth between the two countries, the head of wine and olive oil tourism at Familia Zuccardi winery in Mendoza also fell head over heels with something else: liquid gold.

• World Trade

Nicaragua canal project technically feasible, but shrouded in doubts

• On Sunday

The geopolitics of soccer

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