September 1, 2014

Argentina >

01/09/2014 | 

US dollar opens steady at 8.42 pesos

The US dollar trades steady at 8.42 pesos in Buenos Aires City banks and foreign exchange offices.

01/09/2014 | 

Capitanich insists on stay claim

Cabinet Chief Jorge Capitanich reiterated Argentina’s demand for a stay to US Judge Thomas Griesa in the dispute against its holdout creditors. “When we think of a simple, easy solution, it is up to Judge Griesa. It is to issue a stay until the first trimester of 2015,” he stated.

01/09/2014 | 

Gov't to respond to Judge Servini's request, Capitanich says

Cabinet Chief Jorge Capitanich said that “Secretary General to the Presidency Oscar Parrilli is working on a report for Federal Judge María Servini de Cubría,” following the magistrate’s warning of a raid at government house if she did not receive the information she requested in her investigation into drug trafficking.

01/09/2014 | 

Gov’t plays down monetary base growth's impact on inflation

Cabinet Chief Jorge Capitanich adressed the warnings issued by different analysts about the government’s record monetary base expansion in August. He dismissed a negative impact on inflation rates saying “analyst’s forecasts will not necessarily happen.”

31/08/2014 | 

Zamora allies win Santiago del Estero polls, miss out on La Banda

Candidates allied to senator Gerardo Zamora have confirmed their control over the majority of districts in Santiago del Estero province following municipal elections, although key target city La Banda eluded the Civic Front.

31/08/2014 | 

Search efforts intensified for missing sailboat

Argentine naval authorities have stepped up efforts to find four citizens who have been missing since last Tuesday when a storm engulfed their sailing vessel, around the Brazilian port of Río Grande do Sul.

31/08/2014 | 

CFK praises ‘satellite sovereignty’ on Twitter

Following the presentation of ARSAT 1, the first satellite fully developed in Argentina, the president posted a new series of tweets about it. “We speak of satellite sovereignty because the UK was after one of the two orbital positions that Argentina managed to retain for its satellites,” she said.

31/08/2014 | 

Germany's Finance Minister: 'Argentina an example of lack of solidity'

Germany’s Finance Minister Wolfgang Schäuble slammed Argentina’s stance against its holdout creditors saying it has been -and continues to be- “an example of lack of solidity.”

31/08/2014 | 

'Social development cannot be jeopardised by the extorsion of tiny group of financiers'

Foreign Minister Héctor Timerman referred to Argentina’s plan to regulate international debt restructurings, to be presented on Tuesday before the UN's General Assembly, and stressed the importance of the project saying that “the legal loophole is huge” and that it affects “most of the countries in the world.”

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