Tuesday
July 22, 2014

Argentina >

22/07/2014 | 

'Argentina's leaders have no interest in negotiating'

Aurelius Capital Management, LP, a leading holdout investor in Argentina's debt battle said that the country still has no interest in negotiations, just hours before a hearing with US Judge Thomas Griesa on previous orders requiring the country pay holdout bondholders.

22/07/2014 | 

NY hearing begins with all eyes on Griesa's stay decision

Legal representatives of Argentina were already meeting with US District Court Judge Thomas Griesa and lawyers of holdout creditors suing the country over its defaulted bonds. The hearing called by Griesa began at 11.30 am with all eyes focused on the magistrate’s decision on Argentina’s stay request.

22/07/2014 | 

Ahead of Wednesday's talks, CTA's Yasky voices need for tax reform

As the pro-government CTA central of workers readies for a meeting tomorrow with Cabinet Chief Jorge Capitanich, its secretary general Hugo Yasky said income tax and a debate on a "comprehensive" tax reform will be among the main issues the union will take to Wednesday’s round of talks.

22/07/2014 | 

‘Blue’ dollar unchanged at 12.27 pesos; US dollar steady at 8.18 pesos

After moving up yesterday, the “blue” dollar trades unchanged at 12.27, with all eyes on the government’s meeting with judge Thomas Griesa. The US dollar trades steady at 8.18 pesos today in Buenos Aires City banks and foreign exchange offices.

22/07/2014 | 

Relatives of Once train crash victims mark 29th-month anniversary

On the 29th-month anniversary of the Once train crash that left 51 dead and 700 injured, relatives of the victims gathered at the Once central station, like they do on the 22th of every month, to remember their loved ones and to renew their claims for justice.

22/07/2014 | 

UPCN considers 'direct action measures' if no response in income tax demands

Workers will go for a “direct action measure” if the government fails to meet unions’ demands for a change in the income tax scheme, Secretary General of the Union of Civil Personnel of the Nation (UPCN) Andrés Rodríguez has warned.

22/07/2014 | 

Gov't says 'Argentina needs stay to honour its commitments'

Ahead of a new meeting with US Judge Thomas Griesa over frozen restructured payments, Cabinet Chief Jorge Capitanich reiterated the importance of the suspension of Griesa’s ruling requested by Argentina.

22/07/2014 | 

As cold wave nears, BA City soaks in rain

The City of Buenos Aires is being hit by heavy rains and lightning storms since today’s early morning, expected to last till the evening.

22/07/2014 | 

Capitanich: ‘Income tax claims are political’

After meeting with the head of the pro-government CGT labour union Antonio Caló, Cabinet Chief Jorge Capitanich said the claims to raise the income tax exemption ceiling are political. He said the number of workers affected by the tax has not increased.

21/07/2014 | 

Argentina repeats 'stay' request ahead of hearing with judge Griesa

Argentina has formally asked judge Thomas Griesa to put on hold an order requiring it to pay the 'vulture funds' who did not participate in debt restructurings, while it seeks a "global resolution" to the legal dispute.

21/07/2014 | 

President CFK inaugurates Sarmiento train formations

President Cristina Fernández de Kirchner accompanied by the Interior and Transport Minister Florencio Randazzo inaugurated seven train formations for the Sarmiento railway at Villa Luro station. “The completely modern trains have arrived,” she announced.

21/07/2014 | 

Farmers criticise gov’t policies nationwide

Following a series of meetings held in different provinces across the country, the Argentine Agrarian Federation (FAA) released a statement criticising the government's agrarian policies and questioning what farmers called the “concentration policy" implemented by the Kirchnerism for over a decade.

21/07/2014 | 

US dollar rises to 8.18 pesos; ‘blue’ to 12.27

The US dollar closed one cent up at 8.18 pesos in BA City banks and foreign exchange offices. The “blue” dollar also rose, trading at 12.27 pesos.

21/07/2014 | 

Campagnoli back in office after impeachment

Prosecutor José María Campagnoli is back in office in the City neighbourhood of Saveedra, after being reinstated as prosecutor by the impeachment tribunal that judged him for alleged malfeasance. “I did nothing wrong,” he said and described the impeachement as part of a “harassment” strategy.

21/07/2014 | 

Capitanich rejects rumours about his resignation

The Cabinet Chief bluntly dismissed speculations about his resignation as well as the rumours on Kirchnerite lawmaker Martín Insaurralde joining opposition Renewal Front lines. He said both alternatives are “completely impossible, inadmissible”.

21/07/2014 | 

Vulture funds ‘voracious at seizing real assets,’ Gov’t says

The Cabinet Chief Jorge Capitanich has blasted once again the holdout hedge funds accusing them of being after YPF-Chevron assets in ressources-rich Vaca Muerta region. “If anything is clear it is their voracity to seize real assets,” he stated.




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