Saturday
August 2, 2014
Results for: argentina
  • 11/07/2013 | Argentina

    US dollar rises to 5.425 pesos; 'blue' rate at 8.20 pesos

    US dollar was half a cent higher today at banks and main exchange offices in Buenos Aires City at a buying price of AR$5.365 and a selling price of AR$5.425. The informal market rate increased eleven cents to 8.20 pesos.

  • 11/07/2013 | Argentina

    German court rules in Argentina favour against 'Vulture Funds'

    German courts have rejected a petition from bondholders related to the Argentine debt 'default', using a similar interpretation based in the 'pari passu' clause that vulture funds pursued in New York which was accepted by Judge Thomas Grieta.

  • 12/07/2013 | Argentina

    US dollar rises ahead of winter holidays

    Both the official and the informal dollar rates increased today pushed by a higher demand of greenbacks ahead of the winter holidays in Buenos Aires province and City.

  • 13/07/2013 | Argentina

    US media says Obama 'considering siding with Argentina' in vulture funds dispute

    US Justice, Treasure and State Department officials met with lawyers both from Argentina and vulture funds that refused to accept the South American country's debt swap, The Washington Post reported.

  • 14/07/2013 | Argentina

    Weak peso lures Uruguayans

    By Fermin Koop
    The parallel dollar exchange rate known in local parlance as the “dólar blue” has transformed Argentina into a cheap destination for Uruguayans, who have flooded the streets of Buenos Aires and numerous major cities across the country over the last few weeks.

  • 15/07/2013 | Argentina

    CFK's first grandchild is born

    President Cristina Fernández de Kirchner became a grandmother as Néstor Iván, the first child of her eldest son, Máximo, was born last night.

  • 17/07/2013 | Argentina

    US dollar opens steady at 5.445 pesos

    The US dollar opened steady today at banks and exchange offices at 5.385 pesos (buying price) and 5.445 (selling price).

  • 15/07/2013 | Argentina

    BA shares close with growth

    Buenos Aires shares rose today with the Merval benchmark stock index closing on 3,348.98 points, a growth of 3.79 percent, amid thin trade volume and boosted by oil shares.

  • 15/07/2013 | Argentina

    Government cuts restrictions to lure shale oil investment

    The government today announced it will allow oil companies to export tax free up to 20 percent of the crude and natural gas they produce in the country, in a bid to attract investment in Argentina's vast Vaca Muerta shale oil field.

  • 16/07/2013 | Argentina

    Parallel dollar continues to climb

    The US dollar was steady today at banks and exchange offices at 5.38 pesos (buying price) and 5.44 pesos (selling price). In the informal market, the so called blue dollar rate closed selling 17 cents higher at 8.75 amid an increasing demand due to the beginning of the winter holidays.

  • 16/07/2013 | Argentina

    YPF shares boost Buenos Aires' Merval

    Buenos Aires' Merval benchmark stock indez edged up 0.9 percent today to 3,378.31 points, boosted by YPF shares which climbed 2.8 percent after the government unveiled yesterday an oil incentive scheme.

  • 16/07/2013 | Argentina

    Chevron & YPF sign $1.24 billion Vaca Muerta shale deal

    US oil company Chevron has signed an agreement with YPF to invest $1.24 billion in the vast Vaca Muerta shale oil and gas formation, thought to be one of the biggest reserves in the western hemisphere.

  • 16/07/2013 | Argentina

    Macri launches election campaign

    City Mayor Mauricio Macri presented his candidates for the upcoming elections in August and October, while speaking to a crowd in Ferro’s Micro stadium.

  • 17/07/2013 | Argentina

    US dollar steady at 5.445 pesos; shares jump

    The US dollar ended steady today at banks and exchange offices at 5.385 pesos (buying price) and 5.445 (selling price). Meanwhile, the Merval benchmark stock index jumped 2.6 percent pushed by oil shares.

  • 17/07/2013 | Argentina

    Reports say CFK may fly to Brazil to meet with Pope Francis

    President Cristina Fernández de Kirchner may fly to Río de Janeiro next week to meet with Pope Francis who is expected to arrive on Monday in the South American country to attend the 2013 World Youth Day.

  • 17/07/2013 | Argentina

    Government defends Chevron deal: We need funds for Vaca Muerta

    The Argentine government, represented by senator Aníbal Fernández, has defended its decision to sign a deal between Chevron and YPF, stating that it had a responsibility to "join with those who have the money" to exploit massive shale oil reserves in Vaca Muerta.

  • 17/07/2013 | Argentina

    CFK on campaign in the province of Chaco

    While Augusts’ election campaign continues, President Cristina Fernández de Kirchner attended a rally for the inauguration of a bicycle factory in Resistencia, Chaco.

  • 17/07/2013 | Argentina

    IMF to file brief with US Supreme Court in Argentina case

    In an unprecedented move, the International Monetary Fund plans to ask the US Supreme Court to review Argentina's case in a decade-old legal battle with holdout creditors, because of the implications it could have on sovereign debt restructurings.

  • 18/07/2013 | Argentina

    AMIA marked 19th anniversary of attack; ratified justice claims, anti-Iran stance

    The AMIA authorities and victims’ families marked this morning the 19th anniversary of a deep-rooted wound among all Argentineans: the bombing of the Jewish community center that claimed the lives of 85 people and left 300 seriously injured. President CFK, absent. Criticism to the MoU signed with Iran stirred up.

  • 18/07/2013 | Argentina

    'Blue' dollar drop to 8.57 pesos; shares drop 2.8 %

    The "blue" dollar rate which operates in the informal market remained virtually paralyzed on fears of government controls. The green currency dropped to 8.57 pesos for its selling price. Shares fell sharply with YPF leading the decline after a three-day positive earning of 7.7 percent.

  • 19/07/2013 | Argentina

    Jaime to remain a fugitive 'till he is summoned to court'

    Lawyer Andrés Marutian praised the court’s decision to lift the arrest warrant pending on his defendant and still fugitive Ricardo Jaime and warned he will request the impeachment of Judge Claudio Bonadío.

  • 19/07/2013 | Argentina

    US dollar traded steady at 5.7 pesos, 'blue' paralyzed at 8.52

    The US currency traded steady today at 5.41 pesos (buying price) and 5.47 (selling price). The "blue" dollar paralyzed at 8.52 pesos; local stocks edge up 1.2 percent.

  • 19/07/2013 | Argentina

    US will not file with Supreme Court in Argentina debt case

    The US will not file a brief asking the Supreme Court to review Argentina's case in a decades-old battle between the South American country and "holdout" creditors, a Justice Department spokesman said.

  • 19/07/2013 | Argentina

    Solanas confronts Filmus over Milani's accusations

    UNEN candidate Fernando “Pino” Solanas, questioned his political rival Daniel Filmus, after he requested a replacement for the upcoming Senate Agreement Commission, that will treat the approval of Army chief Cesar Milani.

  • 20/07/2013 | Argentina

    Ángeles Rawson‘s stepfather reappears in TV interview

    Ángeles Rawson’s stepfather Sergio Opatowsky reappeared on TV and said that “if Mangeri committed the crime he will have to pay for it”.

  • 21/07/2013 | Argentina

    Fracking controversy arrives in Argentina

    By Fermin Koop
    Argentina will try to reverse a long decline in natural gas and oil production with the deal YPF energy company signed on Tuesday with Chevron to invest US$1.24 billion in developing the country’s shale deposits.

  • 22/07/2013 | Argentina

    Senate committee's review of Milani's appointment deferred after CELS report

    The Senate’s appointment committee this morning began discussing General César Milani’s credentials for his appointment as head of the Army but will continue the debate tomorrow after CELS human rights group formally requested Milani's appointment to be denied.

  • 22/07/2013 | Argentina

    Stocks gain led by Tenaris

  • 22/07/2013 | Argentina

    CFK accuses club leaders of 'protecting' hooligans

    President Cristina Fernández de Kirchner today inaugurated a centre for female victims of domestic violence in Villa Fiorito district. During a speech, she referred to the violent incidents between Boca Juniors hooligans which yesterday left two dead.

  • 22/07/2013 | Argentina

    Macri: Metrobus to open on Wednesday

    Buenos Aires mayor Mauricio Macri has announced that the Metrobus line centred on the 9 de Julio avenue will be opened this Wednesday, and affirmed that the new transport service will mean "an enormous step forward to transform Buenos Aires into a green city."

  • 23/07/2013 | Argentina

    Aníbal Fernández defends suspension of Milani’s hearing

    Kirchnerite senator Aníbal Fernández today explained the government’s decision to defer the review of César Milani’s appointment as the new head of the Army was made to “end with this cheap overacting.”

  • 23/07/2013 | Argentina

    Estela de Carlotto after CELS report: 'We are cautious'

    After her immediate support to the designation of highly questioned César Milani as the new head of the Army, the president of Grandmothers of Plaza de Mayo Estela de Carlotto today praised the report unveiled yesterday by CELS human rights organization but however, she asked for “caution.”

  • 23/07/2013 | Argentina

    Opposition members call for Gov't to drop Milani's bid

    Opposition members urged President Fernández de Kirchner to call for the resignation of Army Chief César Milani, who is suspected of being involved in human rights violations during the last dictatorship between 1976-1983.

  • 23/07/2013 | Argentina

    IMF will not support Argentina in Vulture Fund case

    The International Monetary Fund no longer plans to ask the US Supreme Court to review Argentina's case in its decade-old legal battle with holdout creditors due to a lack of support from the US government, the  financial institution has confirmed.

  • 24/07/2013 | Argentina

    Government publishes Garré's OAS appointment

    The designation of former Defense Minister Nilda Garré as the new Argentine Ambassador to the American States Organization (OAS) came into effect today after the government published a decree on the official gazette.

  • 24/07/2013 | Argentina

    Macri inaugurates new Metrobus line

    "The Metrobus is and will be the transport system of the future," Buenos Aires City Mayor Mauricio Macri said when he officially inaugurated the Metrobus line on 9 de Julio Avenue.

  • 24/07/2013 | Argentina

    Rossi: ‘Milani never tendered his resignation’

    While attending a meeting in Tandil, Defence Minister Agustín Rossi denied that questioned Army Chief César Milani ever tendered his resignation. Milani is being questioned by the political opposition for his alleged ties to human rights violations.

  • 26/07/2013 | Argentina

    US dollar higher; 'blue' at 8.51 pesos

  • 25/07/2013 | Argentina

    IMF explains itself on Argentine debt case

    The International Monetary Fund today tried to justify why it reversed course on filing a brief at the US Supreme Court on the Argentine debt case, saying that the institution’s political neutrality was at stake.

  • 25/07/2013 | Argentina

    Minimum wage to rise 25.5% after agreement with Salary Council

    Members of the Minimum Salary Council were in unaminous agreement as a 25.5 percent rise was determined for those earning the lowest wage permitted by law, which is scheduled to come into force from August 1.

  • 26/07/2013 | Argentina

    Income tax refund to reach gross salaries of up to 25,000 pesos

    The exemption from the income tax deduction of July’s half-year bonus will reach ‘exclusively’ gross salaries of up to 25 thousand pesos, according to a decree published today on the official gazette.

  • 26/07/2013 | Argentina

    France backs Argentina in battle with holdout creditors

    According to reports revealed today by official news agency Télam, the French government will back Argentina in its decade-old legal battle with holdout creditors.

  • 24/07/2013 | Argentina

    CTA to ask for a '25 or 26%' minimum wage hike

    Hugo Yasky, Secretary-General of the CTA, a pro-government labor union, today warned he will ask for a 25 or 26 percent minimum wage hike during negotiations to be held tomorrow afternoon at the Labor Ministry.

  • 26/07/2013 | Argentina

    CFK urges Argentines to 'watch over this model of Nation'

    President Cristina Fernández de Kirchner led a rally at Deportivo Morón club today in Buenos Aires province to inaugurate a renewed stadium with capacity for more than 30,000 people.

  • 28/07/2013 | Argentina

    Taxes reach centre stage in the midterm election race

    Héctor Recalde, a lawmaker for the ruling Victory Front coalition, is working on a bill to extend the capital gains tax to financial transactions, while a number of parties presented their own bills and aim to raise the wage income tax floor.

  • 28/07/2013 | Argentina

    The elusive quest for originality

    Ruling parties showing off public works projects, important candidates making false steps and modest advertising hits by minor political forces — welcome to campaign 2013.

  • 29/07/2013 | Argentina

    Parallel dollar at 8.53 pesos; official rate higher

    Amid a virtually paralyzed parallel market the "blue" dollar was traded at 8.53 pesos in transactions restricted to regular customers.

  • 29/07/2013 | Argentina

    Minimum wage hike comes into effect

    The 25.2 percent minimum wage hike announced by the government came into effect today as it was published on the official gazette.

  • 29/07/2013 | Argentina

    Argentine stocks start week with falls

    The Argentine stock market began the new week with a fall in value, erasing some of the profits that had accumulated since the start of July.

  • 30/07/2013 | Argentina

    Cabandié: ‘Macri is not solving structural issues’

    The head of Victory Front’s caucus at the City Legislature and pre-candidate for a seat at the Lower House Juan Cabandié today criticized what he called “deficiencies in the administration of the City government” headed by political foe, Mayor Mauricio Macri.

  • 30/07/2013 | Argentina

    Di Tullio blasts Massa's anti-crime proposals

    After Tigre Mayor and Renewal Front leader Sergio Massa proposed to fight insecurity and introduced a package of anti-crime bills in Congress, pro-government lawmaker Juliana Di Tullio questioned the proposals calling them “a dead end street” and asked opposite leaders to plan an “alternative project.”

  • 30/07/2013 | Argentina

    CFK: Unemployment rate falls to 7.2%

    President Cristina Fernández de Kirchner announced the unemployment rate has fallen to 7.2, during a campaign rally with Victory Front candidates in Cañuelas, province of Buenos Aires.

  • 31/07/2013 | Argentina

    US dollar higher at 5.515 pesos

  • 01/08/2013 | Argentina

    Argentina assumes rotating UN Security Council Presidency

    As for today, Argentina takes over the rotating Presidency of the United Nations Security Council. The South American country was elected as a non-permanent member of the multilateral body by the General Assembly for the 2013-2014 term.

  • 01/08/2013 | Argentina

    IMF demands 'trustworthy economic figures' from Argentina

    Director General of the International Monetary Fund (IMF) Christine Lagarde has once more requested that Argentina present economic figures based on "Trustworthy and credible numbers and statistics".

  • 01/08/2013 | Argentina

    Ángeles Rawson case: Mangeri’s lawyer Pierri aims to leave

    Jorge Mangeri’s defense Miguel Ángel Pierri threatened to leave the case, after feeling “exhausted” with the investigation results that might send his client to life prison for the murder of Angeles Rawson.

  • 02/08/2013 | Argentina

    US dollar higher at 5.525 pesos

    The US dollar closed at 5.525 pesos for buyers at banks and exchange houses, half a cent higher than yesterday's close while parallel dollar transactions remained almost paralysed as they have been for two weeks amid alleged government controls on large exchange offices.

  • 02/08/2013 | Argentina

    Poll results allowed through social networks

    Alejandro Tullio, the National Electoral chairman confirmed that social networks like Twitter and Facebook are not included in the electoral ban.

  • 04/08/2013 | Argentina

    Recalde: Massa is 'pulling a Menem'

    Victory Front lawmaker and electoral candidate Héctor Recalde has criticised opponent Sergio Massa ahead of the upcoming midterms, accusing his rival of "pulling a [Carlos] Menem" due to his campaigning style.

  • 05/08/2013 | Argentina

    US dollar steady, 'blue' frozen

  • 06/08/2013 | Argentina

    US dollar rises to 5.535 pesos

    The US dollar traded higher today at banks and exchanges offices at 5.535 pesos for buyers. The greenback reaches a 12.4 percent climb during the year.

  • 06/08/2013 | Argentina

    'It was a gas leak, but we need to wait for the evaluations,' Mayor Fein

    Rosario Mayor Mónica Fein, assured that the tragic explosion in the city was the result of “a gas leak," during a press conference in the province of Santa Fe.

  • 08/08/2013 | Argentina

    Dollar higher at 5.545 pesos

  • 08/08/2013 | Argentina

    New judge in charge of the Schoklender brothers case

    Federal Judge, Marcelo Martínez de Giorgi has been designated to investigate the Schoklender brothers in a diversion of funds case, after Magistrate Norberto Oyarbide was forced to resign from the investigation by a Federal Chamber decision.

  • 08/08/2013 | Argentina

    Anti-government protest in downtown Buenos Aires and Olivos

    Protesters gathered around Buenos Aires obelisk to participate in a new protest against the administration of Cristina Fernández de Kirchner.

  • 11/08/2013 | Argentina

    In Pictures: Argentina's PASO elections

  • 11/08/2013 | Argentina

    Early results show FPV defeated in key districts Santa Fe, Córdoba and Mendoza

    Former Santa Fe Governor and Progressive Front candidate Hermes Binner had a lead in today's primary elections, while the FPV candidate in Mendoza acknowledged that former vice-president Julio Cobos had defeated him. The Kirchnerites were also defeated in Córdoba, where Schiaretti maintained a clear lead.

  • 11/08/2013 | Argentina

    Official reports say voter turnout reached 75.90%

    According to reports electoral courts have submitted to the National Electoral Chamber, 75.90% of the electorate has cast their ballot in today’s PASO primary elections.

  • 11/08/2013 | Argentina

    Provisional results by province

    In provinces such as Tucumán, Chaco and Formosa, the Victory Front maintained their place as the top political power and on a national level are projected to keep a favourable share of the vote, despite disappointing results in several key regions.

  • 12/08/2013 | Argentina

    UNEN lead Buenos Aires city elections

    The UNEN list led by Fernando “Pino” Solanas and Elisa Carrio was the most voted force in Buenos Aires city primary elections, obtaining 32% for their Senate candidates and 35% in the Lower House.

  • 12/08/2013 | Argentina

    Massa: ‘We must start thinking about the future of Argentines’

    Speaking to reporters this morning after his solid victory in Buenos Aires province in yesterday’s PASO primary elections, the Renewal Front leader Sergio Massa stressed the need to “think more about the future generations rather than in the upcoming elections.”

  • 12/08/2013 | Argentina

    Insaurralde: 'We are also committed to those who didn't vote for us'

    Twelve hours after official results revealed he had lost in the Buenos Aires province to Renewal Front’s Sergio Massa, Lomas de Zamora Mayor Martín Insaurralde chose Twitter to thank “all Buenos Aires province residents who trusted the Victory Front.”

  • 13/08/2013 | Argentina

    US dollar closes higher 5.57 pesos

    The US dollar rose one cent today and was traded at 5.57 pesos for buyers at banks and exchange offices in Buenos Aires.

  • 14/08/2013 | Argentina

    Lorenzino rejects calls for further austerity measures

    Economy minister Hernán Lorenzino has "strongly" rejected an expansion of austerity measures, while he defended the debt reduction policy and admitted the country “still suffers” from consequences of the international financial crisis.

  • 14/08/2013 | Argentina

    Metrobus South opens, 23km added to City bus network

    The Metrobus South, which links La Noria bridge and Constitución station with dedicated public transport routes, has been officially opened in Buenos Aires and according to the City government, will benefit 250,000 passengers a day.

  • 15/08/2013 | Argentina

    Inflation reaches 0.9% in July, Indec says

    Argentina's Consumer Price Index (IPC) was of 0.9 percent in July, the INDEC statistics bureau reported, adding the index totaled 5.7 percent this year.

  • 16/08/2013 | Argentina

    US dollar higher at 5.60 pesos

    The dollar has raised four and a half this week and more than 13.7 percent so far 2013, and today was traded at 5.60 pesos for buyers at banks and exchange offices in Buenos Aires City.

  • 16/08/2013 | Argentina

    Strike cripples banking activities

    Banking employees launched a strike to protest 30 dismissals in Tucumán province, which was affecting banking operations nationwide.

  • 16/08/2013 | Argentina

    Economy grows 6,4%

    The economy grew 6,4 percent in June compared to the same month in 2012, the national statistics bureau Indec reported.

     

  • 20/08/2013 | Argentina

    US dollar higher at 5.605 pesos

  • 20/08/2013 | Argentina

    Alicia Castro calls PM Cameron 'fool', praises 'Malvinas Pope'

    Alicia Castro, the Argentine ambassador to the United Kingdom, has launched a strong attack on prime minister David Cameron, calling the politician "a fool" and adding that he was "completely useless."

  • 21/08/2013 | Argentina

    US dollar rises to 5.61 pesos

  • 21/08/2013 | Argentina

    Britain asks Argentina to clarify comments about 'dumb' Cameron

    Britain asked Argentina's ambassador to clarify remarks about Prime Minister David Cameron today after she described his handling of a long-running dispute over the contested Falkland Islands as "foolish" and him as "dumb".

  • 21/08/2013 | Argentina

    Government sells $2.3 bln in treasury bills to central bank

    The government today said it issued a total of $2.6 billion in treasury bonds which it sold to state entities including the central bank, which bought $2.3 billion worth of 10-year paper offering interest of Libor minus 1 percentage point.

  • 21/08/2013 | Argentina

    Farmers and opposition unionists slam CFK ‘dialogue meeting’

    Farmers and unionists questioned President Cristina Fernández de Kirchner's decision to exclude them from the meeting at the Patagonia Hotel in Rio Gallegos, Santa Cruz province.

  • 22/08/2013 | Argentina

    US dollar steady rises to 5.62 pesos

  • 22/08/2013 | Argentina

    Scioli: 'We are willing to improve what needs to be improved'

    Speaking at the Council of the Americas held in Buenos Aires, the governor of Buenos Aires province Daniel Scioli said the government led by President Cristina Fernández de Kirchner “must end as better as possible.” He said it’s time to “improve what needs to be improved” but urged to “defend what’s been achieved.”

  • 22/08/2013 | Argentina

    'We asked for the hangar, but we never said they had to stop flying'

    LATAM Airlines Group, the biggest carrier in Latin America, is stirring popular sentiment against Argentina, the country's airport regulator said today.

  • 01/08/2013 | Argentina

    Court throws out corruption case against the Schoklender brothers

    A Federal Court has ordered an end to investigations against brothers Sergio and Pablo Schoklender for alleged misuse of funds in the Mothers of the Plaza de Mayo Foundation, and removed judge Norberto Oyarbide from the process.

  • 01/08/2013 | Argentina

    Opposition files injunction against YPF-Chevron agreement

    UNEN party pre-candidates Fernando “Pino” Solanas and Fernanda Reyes filed an injunction against the agreement between YPF and US oil giant Chevron, at the Appeals Chamber of Buenos Aires.

  • 12/08/2013 | Argentina

    Death toll in Rosario explosion climbs to 21, search called off

    Another two bodies have been found under the rubble of the building that collapsed last week in downtown Rosario as result of a gas leak, elevating the death toll to 21. No more missing people registered.

  • 12/08/2013 | Argentina

    Timerman slams 'anti-Argentine campaign' by vulture funds

    Argentina Foreigjn Minister Héctor Timerman has strongly criticised a supposed "anti-Argentina campaign" carried out by members of the vulture funds in the US Congress, as he met with legislators from the country in a summit.

  • 13/08/2013 | Argentina

    BA stocks edge up

    Buenos Aires stock market edged up today amid a sudden interest of investors for shares from service and finance companies, despite the weakness of global markets.

  • 13/08/2013 | Argentina

    CFK meets with top cabinet officials in Olivos

    Amid rumors about a possible cabinet shake up, President Cristina Fernández de Kirchner today held meetings at Olivos presidential residence with top cabinet officials.

  • 23/08/2013 | Argentina

    US dollar ends week higher

    The US dollar which is traded at banks and exchange offices in Buenos Aires today rose another cent to 5.62 pesos for buyers.

  • 23/08/2013 | Argentina

    Bondholder fight: Argentina loses US appeal; SC appeal resolution pending

    Argentina today lost its appeal of a US judge's order requiring that it pay $1.33 billion to bondholders that did not participate in two restructurings following the country's historic $100 billion default more than a decade ago. The 2nd Circuit said enforcement of the injunctions would be stayed, pending resolution of an appeal of an earlier decision last year to the US Supreme Court, and avoiding a technical default by Argentina.

  • 24/08/2013 | Argentina

    Hedge funds celebrate US Court ruling: ‘Argentina is not above the law’

    Hedge funds celebrated the decision by the Second US Circuit Court of Appeals in New York, denying the payment strategy presented by the national Government to cancel an unpaid debt from 2001.

  • 25/08/2013 | Argentina

    Lorenzino defiant over vulture funds: 'They will not take us back to 2001'

    Economy minister Hernán Lorenzino has spoken out about the New York court pro-vulture funds ruling stating that the decision by judge Thomas Griesa was an "attempt to take the country back to 2001".

  • 26/08/2013 | Argentina

    US dollar climbs one cent to 5.64 pesos

    The US dollar opened steady today at banks and exchange offices at 5.58 pesos (buying price) and 5.64 (selling price). Buenos Aires stocks edge up 0.5 %.

  • 26/08/2013 | Argentina

    Melconian: Vulture funds are 'goodwill people,' Argentina is 'untrustworthy'

    Economist Carlos Melconian made at least controversial statements that might upset some Kirchnerites as the government battles hard not to lose a 1.3 billion fight over Argentina’s defaulted bonds a decade ago. “Vulture funds are goodwill people”, he considered and questioned the country’s financial solidity to face debt commitments.

  • 27/08/2013 | Argentina

    Kirchnerite governors defend debt swap

    Debt swap announced by President Cristina Fernández de Kirchner has received strong support from provincial governors. First to ratify the official move was BA province head Daniel Scioli: “If the government does well, the country goes well.”

  • 27/08/2013 | Argentina

    Gov't rises income tax floor to 15,000 pesos

    Only employees earning more than 15,000 pesos in gross salary will have to pay income tax starting September 1, President Cristina Fernández de Kirchner announced yesterday.

  • 28/08/2013 | Argentina

    'Debt swap is not a way to dodge justice' - Lorenzino

    The debt swap announced earlier this week landed in the Senate today with Economy Minister Hernán Lorenzino and his second-in-command Axel Kicillof defending a move that seeks to win over a 1.3 billion dollar dispute against vulture funds.

  • 28/08/2013 | Argentina

    BA stocks edge up 2%, Moreno lowers 'blue' dollar

    Local stocks edge up 2 percent with the Merval benchmark stock index reached 3,925.31 points as the government announced stocks listed in the market will not be taxed in the new income tax scheme. Greenbacks in exchange “caves” closed at 9.40 pesos after the massive police ride organised by Domestic Trade Secretary Guillermo Moreno.

  • 28/08/2013 | Argentina

    Justice stops Government resolution on LAN

    Through a pre-injunction measure, a judicial measure has put the brakes on the government’s resolution to evict LAN from their hangar in Jorge Newbery Metropolitan Airport.

  • 29/08/2013 | Argentina

    After steady open, US dollar climbs to 5.67

    US dolllar that trades in banks and exchange offices climbed once cent and a half reaching  5.67 pesos. Greenbacks’ purchases in the so called exchange “caves” dropped to 9.38 pesos following yesterday's official raids that closed down informal market offices.

  • 29/08/2013 | Argentina

    Vulture funds urged NY judge Griesa to call off hearing - Gov't

    Vulture funds fighting Argentina over the country’s defaulted bonds a decade ago requested New York judge Thomas Griesa to call off the hearing scheduled for today, the state news agency Télam reported.

  • 29/08/2013 | Argentina

    Argentina condemns military attack on Syria

    Argentina has officially condemned the West's intents for a strike on Syria saying a military intervention could “aggravate” the country’s domestic scenario and repudiated the use of chemical weapons.

  • 29/08/2013 | Argentina

    Government seeks to operate in Brazilian and Chilean hangars

    Interior and Transport Minister Florencio Randazzo requested LATAM to permit domestic flights for Aerolíneas Argentinas in Chile and Brazil.

  • 29/08/2013 | Argentina

    CFK in campaign: ‘The economic past is around the corner’

    President Cristina Fernández de Kirchner inaugurated an industrial exposition in the southeast town of Berazategui, province of Buenos Aires.

  • 30/08/2013 | Argentina

    US dollar reaches 5.68 pesos; 'cave' drops to 9.25 pesos

    The US dollar reached 5.62 pesos (buying price) and 5.68 pesos (selling price). Greenbacks rack up a 3-cent rise with devaluation is already hitting 15.3 percent. In the informal market, the foreign currency drops to 9.25 due to tightening government controls.

  • 31/08/2013 | Argentina

    Scioli urges Justice to 'apply what the society is demanding'

    While back on campaign, Buenos Aires Governor Daniel Scioli urged Justice to “apply what the society is demanding”, during a rally with Kirchnerite officials in the National Gendarmerie School, province of Buenos Aires.

  • 01/09/2013 | Argentina

    The taxman cometh not

    The Victory Front’s defeat looks bad. But because the real midterm vote is in October Argentina is currently not in the state of agitation associated with a period of political instability.

  • 01/09/2013 | Argentina

    Playing games with taxes

    By James Neilson
    It would appear that all decent people in Argentina, whether they are left-wingers who want to stick it to the plutocrats, middle-of-the road pragmatists or dour fiscal conservatives, think income tax is immoral, especially when hard-up workers are forced to pay it.

  • 01/09/2013 | Argentina

    Of ideologies and Supreme Courts

    By Mempo Giardinelli
    For many people Argentina’s big problem today is an ideological polarization which, they think, prevails everywhere in a confrontation which does not do anybody any good.

  • 01/09/2013 | Argentina

    Macri guns for presidency in 2015

    Buenos Aires City mayor Mauricio Macri has revealed his presidential aspirations for the next elections in 2015, and also cast doubt on whether Renewal Front heavyweight Sergio Massa represents a real change from the current government of President Cristina Kirchner.

  • 02/09/2013 | Argentina

    Chile reacts to CFK statements on LAN spat

    The Chilean government today explained president Sebastián Piñera abided by the law when he agreed to sell his share stake in LAN airlines before taking office.

  • 02/09/2013 | Argentina

    US dollar higher at 5.685 pesos

  • 02/09/2013 | Argentina

    EU warns of trade protectionism in Argentina, other emerging economies

    Global efforts to battle trade protectionism need to be reinforced to help shield the fragile economic recovery across the world. In a report released today, the European Commission identified about 150 new trade restrictions introduced over the last year, whereas only 18 existing measures have been dismantled.

  • 02/09/2013 | Argentina

    Parliamentary candidate admits inflation in some sectors higher than official

    Victory Front’s parliamentary candidate Martín Insaurralde today admitted the inflation rate is higher than the one released by INDEC statistics agency although the agency is “transparent” and “must readjust to times and realities.”

  • 02/09/2013 | Argentina

    Berni blasts Massa’s security plan

    Security Secretary Sergio Berni strongly criticized a security plan presented by parliamentary candidate and Tigre Mayor Sergio Massa, as he considered it “irresponsible” and “insufficient.”

  • 02/09/2013 | Argentina

    August tax collection reaches 75bn pesos

    The government has announced that tax revenue for August totalled 75.9bn pesos, an increase of 25.5 percent over the takings for the same period in 2012.

  • 03/09/2013 | Argentina

    US dollar higher at 5.70 pesos

  • 03/09/2013 | Argentina

    CFK flies to Russia to attend the G20 summit

    President Cristina Fernández de Kirchner was already flying to St. Petersburg to attend the G20 summit to begin next Thursday at the Constantine Palace.

  • 04/09/2013 | Argentina

    CFK to address vulture funds issue during G20 meeting

    After arriving in St. Petersburg for the G20 meeting, President Cristina Fernández de Kirchner stressed she will be addreessing the vulture funds issue during the summit despite Washington rejected to mention it in the final statement.

  • 04/09/2013 | Argentina

    Senate debates debt swap

    The Senate was addressing today the debt swap announced by President Cristina Fernández de Kirchner following the recent New York judicial setback in Argentina’s long-standing dispute against US-based vulture funds.

  • 04/09/2013 | Argentina

    US dollar rises to 5.71 pesos

  • 04/09/2013 | Argentina

    Tax reform bill passed by Lower House

    With 139 votes in favor and 91 against, MPs passed the Income tax reform bill which will be sent next week to the Senate in order to become law.

  • 04/09/2013 | Argentina

    New debt swap plan approved by Senate

    The Argentine Senate has approved plans to reopen exchanges on national debt for a third time, the motion passing through the upper house with 57 votes in favour and eight against.

  • 05/09/2013 | Argentina

    CFK: 'There is no bigger protectionism than that of world powers'

    With a busy agenda prior to her G20 Summit address, President Cristina Fernández de Kirchner renewed her criticism of so called world powers’ "protectionism" and warned about a “crisis of the multilateral system” both in the economic and political arenas.

  • 05/09/2013 | Argentina

    Buenos Aires Governor Daniel Scioli announces Cabinet changes

    Buenos Aires Governor Daniel Scioli announced that the province will have separate ministers for Security and Justice, giving the former position to Ezeiza mayor Alejandro Granados.

  • 06/09/2013 | Argentina

    US dollar rose to 5.71 pesos

  • 06/09/2013 | Argentina

    PRO party defines Low Chamber ticket

    City Governor Mauricio Macri confirmed the first 14 places of their candidates list for the upcoming elections in October.

  • 07/09/2013 | Argentina

    'Vulture Funds’: Government files appeal before US Court

    Just a few moments before deadline, the government filed two appeals before the United States Appeals Court over the dispute with the so called ‘Vulture Funds’.

  • 08/09/2013 | Argentina

    Cosentino dismisses chance of new embargos on Argentina

    The Finance Secretary has played down the possibility of Argentina being hit by economic sanctions, due to the ongoing lawsuits filed by 'Vulture Funds' looking to recover around 1.47bn dollars in unpaid debts.

  • 13/08/2013 | Argentina

    Peralta supports Massa: ‘We are going to join him nationwide’

    Santa Cruz Governor, Daniel Peralta assured that he will team up with Tigre Mayor Sergio Massa, after winning the Paso elections in the province of Buenos Aires last Sunday.

  • 14/08/2013 | Argentina

    US dollar higher at 5.58 pesos

    It seems as if the dollar has no roof as it has risen more than 13 percent so far 2013, and was traded at 5.58 pesos for buyers today at banks and exchange offices in Buenos Aires City, one cent higher than its last close.

  • 14/08/2013 | Argentina

    BA shares edge up

    Buenos Aires shares edged up today with the Merval index closing 3.15 percent up at 3,883.24 points boosted by financials.

  • 14/08/2013 | Argentina

    A defiant CFK calls for a 'one-on-one' discussion with CGT, bank, industry leaders

    President Cristina Fernández de Kirchner today headed a rally at Tecnópolis science exhibition and delivered a heated speech as she is rushing to re launch the Victory Front’s race for October midterms.

  • 09/09/2013 | Argentina

    Timerman: 'Two circles in Argentina'

    Foreign Minister Héctor Timerman today referred to the so called “red circle” controversy saying that there are “two circles” in Argentina, “the red one, and the blue and white circle.”

  • 09/09/2013 | Argentina

    US dollar ends steady at 5.71 pesos

  • 09/09/2013 | Argentina

    Aníbal Fernández rejects lowering age of criminal responsibility

    Kirchnerite Senator Aníbal Fernández rejected the idea of lowering the age of criminal responsibility to 14 years old following Martín Insaurralde's proposal that stirred up debate.

  • 09/09/2013 | Argentina

    Union leader Oscar Lescano dies

    Head of the power workers union Oscar Lescano died this morning at the age of 80, after fighting a disease.

  • 09/09/2013 | Argentina

    Buenos Aires shares hit record high

    Buenos Aires shares were higher today and hit a record high as the Merval benchmark index climbed 2.9 percent to 4,303.85 points.

  • 11/09/2013 | Argentina

    US dollar ends higher at 5.73 pesos

  • 11/09/2013 | Argentina

    CFK meets with business, union leaders, announces changes for self-employed workers

    President Cristina Fernández de Kirchner was holding a meeting today with businessmen and union leaders, as part of the so called "social dialogue" which was launched by the head of state after the government's electoral setback in August primaries.

  • 11/09/2013 | Argentina

    Lower House lawmakers discuss debt swap bill

    Lower House lawmakers today began to discuss the bill to reopen the debt swap for holdout creditors who have refused to settle with Argentina since the 2001 US$100 billion default.

  • 11/09/2013 | Argentina

    Recalde: ‘We have the most modern fleet in Latin America’

    The head of Aerolíneas Argentinas addressed Senate Joint committee members about the financial and business situation of the company.

  • 11/09/2013 | Argentina

    CFK: Dialogue must be ‘sincere, open, fearless’

    President Cristina Fernández de Kirchner led the ‘Industry Day’ celebrations at a dinner with industrial and political leaders in Tecnopolis exhibition center, in the Buenos Aires province. She repeated calls for an open exchange of ideas.

  • 12/09/2013 | Argentina

    US dollar ends lower at 5.725 pesos

  • 12/09/2013 | Argentina

    Buenos Aires shares break new record before late fall

    Buenos Aires shares hit a new record high today when the Merval benchmark index gained 0.9 percent reaching 4,557.08 points, although the market eventually dropped off at the end of the day.

  • 12/09/2013 | Argentina

    Congress gives go-ahead to open-ended debt swap

    The Congress approved late last night a debt swap offering an unlimited time window for the remaining 7 percent of investors to restructure bonds left over from the country's 2002 default.

  • 10/09/2013 | Argentina

    US dollar rises to 5.72 pesos

  • 10/09/2013 | Argentina

    Merval breaks new record

    Buenos Aires shares broke a new record today amid optimism among investors and positive data from China, Europe and the United States.

  • 12/09/2013 | Argentina

    Gov’t announces compensation for Cordoba’s fire victims

    The Government announced a number of measures designed to relieve Cordoba’s fire victims, including credits and a rise in the family’s assignations and pensions for a three month period, during a press conference in Buenos Aires.

  • 13/09/2013 | Argentina

    US dollar jumps to 5.735 pesos

    US dollar that is traded at banks and exchange offices climbed one cent to 5.735 pesos today. "Cave" greenbacks remain at 9.25 pesos. Buenos Aires stocks edged up 2.27 percent hitting a new historic maximum peak.

  • 13/09/2013 | Argentina

    Inflation reaches 0.8% in August, Indec says

    Argentina's Consumer Price Index (IPC) was of 0.8 percent in August, the INDEC statistics bureau reported, adding the index totalled 6.6 percent this year.

  • 15/09/2013 | Argentina

    Coupmongering in Argentine politics

    By Mempo Giardinelli
    Historically, certain Argentine political games have proved lethal for democracy. For example, the coupmongering mania of some civilians, whose patient work has led more than once to the general unhappiness of the population, at least in the last 80 years of national life.

  • 16/09/2013 | Argentina

    Massa says 'gov't's budget bill denies inflation'

    Congressional candidate and Tigre Mayor Sergio Massa criticized the 2014 Budget draft bill submitted to Congress by the government which is expected to be cleared for debate in the Lower house this week.

  • 16/09/2013 | Argentina

    'Stepping on Malvinas’ soil'

    By Constanza Heller from Río Grande
    Tierra del Fuego governor Fabiana Ríos attended Sunday´s marathon in the city of Río Grande. “Are you going to run?” the Herald.com asked her. “I am going to walk with the people”, she clarified.

  • 17/09/2013 | Argentina

    US dollar rises to 5.75 pesos

    The US dollar today rose one cent to 5.75 pesos for buyers, continuing with the upward tendency of the last business days.

  • 17/09/2013 | Argentina

    Government prepares for budget vote

    The ruling Victory Front has obtained the Budget Committee's approval for their proposed 2014 spending plans and the extension of emergency economic laws, which will be voted on in the Lower House in one week.

  • 18/09/2013 | Argentina

    US dollar higher at 5.755 pesos

    The US dollar today rose half a cent to 5.755 pesos for buyers, continuing with the upward tendency of the last business days.

  • 19/09/2013 | Argentina

    Gov't takes control of three more railway lines

    In another step towards the state control of the railway system, the government announced the nationalization of three other lines which connect BA City to the provinces of Tucumán and Córdoba, passing through Santa Fe and Santiago del Estero provinces.

  • 19/09/2013 | Argentina

    US dollar higher at 5.765 pesos

    The US dollar today rose half a cent to 5.765 pesos for buyers, continuing its upward tendency of the last business days and after rising one cent yesterday.

  • 19/09/2013 | Argentina

    Moreno appeals indictment

    Domestic Trade Secretary Guillermo Moreno appealed the indictment ordered by Judge Claudio Bonadío as he considered the ruling “arbitrary” and requested the federal court to dismiss it.

  • 19/09/2013 | Argentina

    CFK visits fire affected areas in Córdoba

    President Cristina Fernández de Kirchner today overflew the areas affected by the wild fires registered in the province of Córdoba which last week prompted hundreds of evacuations, injured five people and caused several damages.

  • 20/09/2013 | Argentina

    US dollar half cent higher at 5.77 pesos

    The US dollar today rose half a cent to 5.77 pesos for buyers, continuing its upward tendency of the last business days.

  • 20/09/2013 | Argentina

    Two Argentine Greenpeace activists arrested by Russian authorities

    Two Greenpeace activists from Argentina have been put into custody by the Russian coast guard as they were protesting against oil drilling in the Arctic. The organization said theyface “terrorism and illegal scientific investigations” charges.

  • 22/09/2013 | Argentina

    Vote again and again

    By Martín Gambarotta
    Is it time to feel a little queasy about what lies ahead for Argentina politically? Between now and 2015 there’ll be little time to breathe easy.

  • 23/09/2013 | Argentina

    US dollar higher at 5.78 pesos; BA shares gain

    After rising three cents and a half last week, the US dollar today sticked to its upward trend as it rose one cent to 5.78 pesos for buyers.

  • 24/09/2013 | Argentina

    Greenpeace activists could face piracy charges

    Russia has charged with piracy Greenpeace activists who were arrested for trying to board an oil rig last week in protest of hydrocarbon exploration activities in the Arctic. Argentineans Camila Speziale and Hernán Pérez Orsi are among the 30 members of the environmental group facing now a legal dispute and jail more than 13,000 km away from home.

  • 24/09/2013 | Argentina

    US dollar ends steady at 5.78 pesos

    The US dollar today ended at 5.78 pesos for buyers, unchanged from its last close and after rising one cent yesterday and three and a half cents last week.

  • 24/09/2013 | Argentina

    Massa: ‘There is a way of doing politics that is coming to an end’

    Renewal Front Candidate Sergio Massa, assured that “there a way of doing politics that is coming to an end”, during a campaign visit in the town of Coronel Suarez, province of Buenos Aires.

  • 24/09/2013 | Argentina

    Fears of monopoly grow as Telefónica increases stake in Telecom Italy

    By Pablo Jimenez
    Ambito.com
    Spanish telecommunications giant Telefónica has confirmed the purchase of a further stake in Telco, the biggest shareholder of Telecom Italy. The company, which operates heavily in South American markets such as Argentina and Brazil, now holds two-thirds of the Italian enterprise.

  • 25/09/2013 | Argentina

    US dollar steady at 5.78 pesos

    The US dollar closed at 5.78 pesos for buyers, unchanged from its last close but after climbing three cents and a half last week.

  • 25/09/2013 | Argentina

    AMIA and DAIA confirm rejection of Iran agreement

    The AMIA and DAIA Jewish community institutions have reaffirmed their objections to the memorandum of understanding and cooperation with Iran, approved in Congress nine months ago.

  • 25/09/2013 | Argentina

    CFK announces extension of Procrear credit plans

    President Cristina Fernández de Kirchner has announced the extension of the Procrear housing credit scheme, during a rally at the Bicentenary Museum in the City of Buenos Aires.

  • 26/09/2013 | Argentina

    CFK: Nation's resources belong to the people

    President Cristina Fernández de Kirchner announced new energy works during a rally led in the capital of Posadas, Misiones, using the speech to criticise politicians who opposed the 2014 budgets.

  • 27/09/2013 | Argentina

    US dollar ends higher at 5.795 pesos

    The US dollar today ended half a cent higher at 5.795 pesos for buyers, continuing its upward trend of the last weeks.

  • 27/09/2013 | Argentina

    Argentina, Ghana deal ends Frigate ARA Libertad dispute

    Argentina and Ghana have signed a deal putting an end to the Frigate ARA Libertad dispute with Ghana, which had seized the Argentine warship.

  • 27/09/2013 | Argentina

    'PJ candidate for 2015 will come out from primaries,' Gioja

    Ahead of the October legislative elections, San Juan Governor José Luis Gioja today came on stage to assure that a PJ presidential candidate for the 2015 general elections “will come out from the primaries.”

  • 26/09/2013 | Argentina

    Argentina, Spain join up to pressure Britain on Malvinas, Gibraltar

    Argentina and Spain agreed today to join forces in order to pressure Britain to discuss their separate claims on British territories: the Malvinas Islands and Gibraltar near the southern tip of Spain.

  • 28/09/2013 | Argentina

    July’s fiscal deficit: $2.725,1 million

    The fiscal deficit in July pointed $2.725,1 million, an improvement of 5,52% comparing last year’s record of 2.884,3 million.

  • 30/09/2013 | Argentina

    US Supreme Court analyses whether to take 'vulture fund' case

    The US Supreme Court  analysed the list of cases that could be discussed from the start of the new session beginning October 7, among which is a high-profile appeal by Argentina over its battle with hedge funds that refused to take part in two debt restructurings that sprang from the country's 2002 default.

  • 30/09/2013 | Argentina

    US dollar ends higher at 5.80 pesos

    The US currency today rose half a cent to 5.80 pesos for buyers at banks and exchange offices, after opening unchanged from Friday's close.

  • 30/09/2013 | Argentina

    Ex Central Bank chief says gov't 'lied' about whitewash plan

    Former Central Bank chief Aldo Pignanelli today assured the whitewash plan launched by the government two months ago “will have a bad ending” as the government “lied and drove mistrust” among people regarding that new mechanism.

  • 01/10/2013 | Argentina

    US dollar rises to 5.805 pesos

    The official dollar closed half a cent higher at 5.805 for buyers, compared to yesterday's close and continuing its upward mood.

  • 02/10/2013 | Argentina

    US dollar higher at 5.81 pesos

    The official dollar closed half a cent higher at 5.81 pesos for buyers. The parallel dollar price registered a slight raise and was traded at 9.57 pesos.

  • 02/10/2013 | Argentina

    Kicillof praises whitewash programme

    Speaking to lawmakers in the Senate, Economy Deputy Minister Axel Kicillof revealed he and the Central Bank chief Mercedes Marcó del Pont, convinced President Cristina Fernández de Kirchner to extend the tax amnesty deadline, which was finally prolonged for three more months.

  • 02/10/2013 | Argentina

    Uruguay authorizes increased production at ex-Botnia plant

    The President of Uruguay José Mujica has authorised the UPM paper plant to increase its production despite the objections of the Argentine Government, after his visit to Buenos Aires.

  • 02/10/2013 | Argentina

    Senate comission approves 2014 Budget

    The government obtained the endorsement needed to approve the budget bill expected to be voted on in a Senate session scheduled for October 9.

  • 03/10/2013 | Argentina

    Mujica 'cornered' by Argentina's Hague move

    Amid soaring tensions between Montevideo and Buenos Aires over the Botnia case, Uruguayan President José Mujica said he has been “politically cornered” by Argentina’s decision to take the environmental complaint to The Hague.

  • 03/10/2013 | Argentina

    US dollar ends higher at 5.82 pesos

  • 03/10/2013 | Argentina

    UPM wants Argentina-Uruguay to 'break off relations,' Urribarri

    Best case scenario for the UPM pulp mill company if Argentina and Uruguay to break off relations, governor of the Entre Ríos province Sergio Urribarri said as he fiercely questioned Montevideo’s recent decision to authorize the Finnish firm to increase its production.

  • 03/10/2013 | Argentina

    Lorenzino sharpens strategy against vulture funds in New York

    Economy Minister Hernán Lorenzino met in New York with Inter American Development Bank authorities, and will visit the Cleary, Gottlib, Steen and Hamilton law firm, which represents Argentina in its billonaire dispute against the so called “vulture funds.”

  • 01/10/2013 | Argentina

    September tax income jumps 25%

    Argentina's tax revenue jumped to 71.805 billion pesos in September, up 25.2 percent from the same month a year ago ($12.4 billion), the government said today.

  • 01/10/2013 | Argentina

    Argentina formalises AMIA request in Iran - United States dialogue

    President Cristina Fernández de Kirchner has instructed Cecilia Nahón, US ambassador for Argentina, to formally ask the White House and the State Department to include the AMIA case in their meeting agenda with Iran.

  • 01/10/2013 | Argentina

    CFK backs Obama: ‘Public health is the state's responsibility’

    President Cristina Fernández de Kirchner has commented on the US government shutdown and Barack Obama's attempts to reform medical care, stating that public health was a key obligation for any governing party.

  • 03/10/2013 | Argentina

    Vanoli: 'We won't give in to pressures'

    During his exposition at the “Capital Markets” forum organized by Ámbito Summits, CNV securities regulator chief Alejandro Vanoli today assured ‘there is no turning back’ from the capital markets reform law, adding the government won’t give in to pressures.

  • 03/10/2013 | Argentina

    CFK: US courts 'want to lead us to default’

    President Cristina de Kirchner has accused part of the United States judiciary of wishing to take Argentina "to default", comparing the nation's situation with that which currently faces US counterpart Barack Obama.

  • 04/10/2013 | Argentina

    US dollar steady at 5.82 pesos

  • 05/10/2013 | Argentina

    Thousands of devoted walkers join the 39th Luján pilgrimage

    The 39th annual youth pilgrimage to the city of Luján in Buenos Aires province could turn into more than one million Catholics walking 63 km to reach the historic Luján Basilica. This time, such massive act of prayer is being crossed by the designation of ex Argentine cardinal Jorge Mario Bergoglio as pontiff.

  • 05/10/2013 | Argentina

    CFK steps down from campaign

    President Cristina Kirchner was expected to appear in numerous political rallies across the country, starting next Monday, as a part of the campaign for the upcoming legislative elections of October 27th.

  • 06/10/2013 | Argentina

    Ex-Botnia protesters denied entry to Uruguay

    Members of the Environmental Citizens' Assembly of Gualeguaychu today read out a speech on the eastern side of the General San Martin international bridge, where they once more voiced their condemnation of the UMP paper plant on the banks of the River Uruguay.

  • 08/10/2013 | Argentina

    US dollar steady at 5.83 pesos

    The official dollar closed at 5.83 pesos for buyers, after rising one cent yesterday. The US currency accumulates a 18.9 percent raise.

  • 07/10/2013 | Argentina

    Boudou: 'CFK is taking a needed and deserved rest'

    Vice-President Boudou cancelled two trips and was scheduled to replace President Cristina Fernández de Kirchner in several official activities today, after she was ordered to rest for a month.

  • 07/10/2013 | Argentina

    Top US court won't hear Argentina bond dispute appeal

    The US Supreme Court declined to hear a preliminary appeal filed by Argentina against hedge funds that refused to take part in two debt restructurings that sprang from the country's 2002 default.

  • 07/10/2013 | Argentina

    Boudou in charge of presidency

    After heading several scheduled official activities, Vice-President Amado Boudou took over the presidential duties.

  • 07/10/2013 | Argentina

    CFK to undergo surgery

    President Cristina Fernández de Kirchner was admitted to the Favaloro Foundation clinic, which specializes in cardiovascular diseases, where she was going through pre surgical exams before she undergoes surgery due to a subdural hematoma.

  • 07/10/2013 | Argentina

    Scioli: 'We are more united and committed'

    Buenos Aires Governor Daniel Scioli today referred to the health situation President Cristina Fernández de Kirchner was going through and affirmed “this team is more united and committed.”

  • 08/10/2013 | Argentina

    Boudou to inaugurate bridge in Córdoba

    On his second day in charge of the Executive and while President Cristina Fernández de Kirchner is recovering from a brain surgery, Vice-President Amado Boudou is scheduled to fly this afternoon to the province of Córdoba to inaugurate a bridge which connects the cities of Villa María and Villa Nueva.

  • 08/10/2013 | Argentina

    Mujica sends best wishes to CFK after surgery

    Uruguay’s president José “Pepe” Mujica has wished a “rapid recovery” to Cristina Fernández de Kirchner, who today underwent surgery on a subdural haematoma.

  • 09/10/2013 | Argentina

    US dollar steady at 5.83 pesos, parallel higher

    The official dollar rate remained at 5.83 pesos for buyers today, unchanged from yesterday's close while the so called "blue dollar" climbed eight cents to 9.70 pesos for buyers. 

  • 09/10/2013 | Argentina

    Central Bank appeals Judge Griesa decision to freeze reserves

    The Central Bank has appealed Judge Thomas Griesa ruling on the Vulture funds case where he established an order to freeze its assets, after considering the entity an ‘Alter Ego’ of the Argentine state.

  • 09/10/2013 | Argentina

    Timerman asks Uruguay's Mujica to 'retract' UPM decision, admits issue could go to Hague

    Foreign Minister Héctor Timerman today formally asked the government of José Mujica to desist in their plans to allow increased production at the UPM paper plant, revealing that Argentina hoped to reach an agreement with their Uruguayan counterparts before returning to The Hague.

  • 10/10/2013 | Argentina

    Senate passes 2014 Budget, Kirchnerism secures political victory

    With a majority of 40 senators in favor and 27 against, the Upper House passed the 2014 budget and the extension of the emergency laws as well.

  • 10/10/2013 | Argentina

    US dollar rises to 5.835 pesos

    The official dollar rate closed at 5.835 pesos for buyers today, half a cent higher from yesterday's close. The US currency has accumulated a 18.9 percent raise since the beginning of the year.

  • 10/10/2013 | Argentina

    Aníbal Fernández blasts Carrió, rejects criticism of Vice-President Boudou

    Victory Front’s Senator Aníbal Fernández today rejected lawmaker Elisa Carrió’s accusations against him after she said he was the “leader of narco-trafficking” in Argentina and denied differences inside the government regarding Amado Boudou.

  • 10/10/2013 | Argentina

    Gov't to pay 500 M to end ICSID disputes

    The government will offer to pay about 500 million dollars to five companies in compensation to resolve disputes filed at the World Bank's International Centre for Settlement of Investment Disputes (ICSID).

  • 11/10/2013 | Argentina

    Alfonso Prat Gay: 'Gov't seeks to get fresh dollars'

    Opposition MP Alfonso Prat Gay today questioned the government’s decision to offer to pay corporations to end disputes at the World Bank’s ICSID.

  • 11/10/2013 | Argentina

    US dollar rises to 5.84 pesos

    The official exchange rate today rose another half a cent to reach 5.84 pesos for buyers after climbing two cents this week while the so called "blue dollar" was five cents lower.

  • 13/10/2013 | Argentina

    Chile's Piñera sends best wishes to Gioja

    Chile president Sebastián Piñera has affirmed that he is paying close attention to the health of San Juan governor José Gioja, and sent his best wishes to the injured politician who survived a helicopter crash last Friday.

  • 15/10/2013 | Argentina

    US dollar rises to 5.845 pesos; 'blue' lower

    The official exchange rate today rose half a cent higher to 5.845 pesos for buyers. Last week it closed two cents higher.

  • 15/10/2013 | Argentina

    Inflation reaches 0.8% in September, Indec says

    Argentina's Consumer Price Index (IPC) was of 0.8% in September, the INDEC statistics bureau reported, adding that inflation totalled 7.4% this year.

  • 15/10/2013 | Argentina

    Judge to decide validity of AMIA agreement

    The Supreme Court confirmed that Judge Rodolfo Canicoba Corral will define the legality of the agreement between Argentina and Iran pledging cooperation on investigating the AMIA bombing, signed last January and approved in Congress a month later.

  • 15/10/2013 | Argentina

    Vera: 'If we don’t fight mafia culture there is no chance to beat crime'

    By Damian Pachter

    Gustavo Vera is the head of “La Alameda” foundation, a non-governmental Organization focused on the battle against slave work, corruption and prostitution ‘mafias’. He’s also the UNEN party’s first candidate for the BA City Legislature in the October 27 elections.

  • 17/10/2013 | Argentina

    US dollar rises to 5.86 pesos

  • 17/10/2013 | Argentina

    Malvinas trade mission arrives in Uruguay to fuel oil business

    Amid tightening tensions between Buenos Aires and London over Argentina’s demands for negotiations over the sovereignty of the Malvinas Islands, a British government trade mission landed in Uruguay to promote hydrocarbon activities.

  • 17/10/2013 | Argentina

    Boudou: ‘The people are loyal to the President’

    Acting president Amado Boudou asserted that the Argentine public was still firmly behind Cristina Fernández de Kirchner, as he celebrated the Peronist 'Day of Loyalty' in the centre of Buenos Aires.

  • 18/10/2013 | Argentina

    US dollar steady at 5.86 pesos

    The US currency closed steady at 5.86 pesos for buyers today. Greenbacks in the informal market reached 9.86 pesos. Meanwhile, Buenos Aires stocks edged up 1.5 percent to 5,465.85 points setting a new historic peak.

  • 18/10/2013 | Argentina

    Gov't makes ICSID deal official, disputes settled

    Argentina’s payment to five companies following ICSID disputes has become official. The 677 million-dollar agreement involving a 25-percent debt acquittance will be paid with the 2017 Bonar and the 2015 Boden bonds. The firms will be subscribing to Argentina’s BAADE energy bond for 68 million dollars.

  • 18/10/2013 | Argentina

    Economy grows 4% in August

    Economic activity grew 4% percent in August compared to the same period in 2012, totaling a 5,5% annual growth, according to the Indec report released.

  • 21/10/2013 | Argentina

    US dollar jumps to 5.87 pesos after steady open

    The US dollar jumped to 5.82 (buying price) and 5.87 (selling price) at Buenos Aires city banks and exchange offices. Informal market greenbacks trade at 9.90 pesos. Local stocks closed up 3.59 percent.

  • 23/10/2013 | Argentina

    Randazzo announces nationalisation of Sarmiento railway

    Transport Minister Florencio Randazzo declared today that the Sarmiento line would now be operated by state authorities, and also announced new security measures including breathalyser and psychophysical exams implemented by the National Air Force.

  • 24/10/2013 | Argentina

    Gov't to deploy more than 90,000 officers on Sunday's vote

    With legislative elections just around the corner, the Defence Minister has announced that more than 90,000 security officers will be deployed across the country to watch over Sunday’s polling day.

  • 24/10/2013 | Argentina

    Without recovering CFK, Victory Front closes Buenos Aires campaign

    By Damian Pachter

  • 25/10/2013 | Argentina

    Sarmiento nationalization made official

    The government today published the nationalization of the Sarmiento train line after the Saturday 19 tragedy that left dozens injured at the Once station.

  • 25/10/2013 | Argentina

    Midterm elections: first official results to be unveiled at 9 pm

    Alejandro Tullio, the Electoral National Director, informed a provisional vote recount will be available “by midnight” next Sunday, when Argentines go to the polls in the legislative elections.

  • 25/10/2013 | Argentina

    US dollar higher at 5.89 pesos while black market paralized

    As Domestic Trade Secretary Guillermo Moreno ordered a second day of raids yesterday on exchange bureaus in the City, eyes were put mainly on the official dollar rate today as the so called "blue" dollar operations were nearly paralized.

  • 25/10/2013 | Argentina

    Tension at public university student protest

    Leftist university student groups were gathering in the City outside the dean’s office of the Buenos Aires University (UBA) to halt the election to renew university authorities. Incidents began when hooded demonstrators clashed with police officers.

  • 26/10/2013 | Argentina

    Pope Francis confirms visit to Argentina 'not before 2016'

    Ever since ex Argentine cardinal Jorge Mario Bergoglio was appointed to head the Roman Catholic Church, versions have alleged to a papal visit to Argentina in the near future. However, Pope Francis himself said he is not planning such a trip, at least, not before 2016.

  • 26/10/2013 | Argentina

    Ballot boxes distributed, Argentines ready for parliamentary vote

    Only a day is left for Argentines to choose their congressional representatives. Ballot boxes are being delivered across the country. 7,300 boxes have been allocated only for the city of Buenos Aires.

  • 27/10/2013 | Argentina

    Insaurralde hits back at Massa after 'dirty' campaign jibe

    Victory Front first candidate for Buenos Aires province, Martín Insaurralde refuted the statements made by his opponent from the Renewal Front Sergio Massa, who said earlier that the campaign for the legislative elections was “dirty.”

  • 27/10/2013 | Argentina

    Máximo Kirchner says CFK 'is doing very well'

    Son of President Cristina Fernández de Kirchner, Máximo Kirchner, told reporters when he showed up at a Santa Cruz province school to cast his vote, that his mother “is doing very well” after a brain surgery she underwent to remove a subdural hematoma.

  • 27/10/2013 | Argentina

    Michetti leads Buenos Aires City Senate election; Solanas wins second place

    PRO candidate for Senate Gabriela Michetti won the first place in the legislative election for the city of Buenos Aires. With 98.92 percent of the polling stations counted, the party of Mayor Mauricio Macri got two of the three senate seats in the nation's capital.

  • 27/10/2013 | Argentina

    Cobos' UCR wins in Mendoza

    The president of the Mendoza province Radical Party (UCR) secured a wide margin of victory in  Sunday's elections, gaining 20 points more than their nearest challengers in taking three Lower House seats.

  • 27/10/2013 | Argentina

    Córdoba: Government-sponsored list secures three Lower House seats

    Out of nine Lower House seats being fought over in Córdoba province, seven are already taken, according to preliminary figures provided by the provincial government and opposition leaders.

  • 27/10/2013 | Argentina

    Macri vows to be 'change' president in 2015

    Buenos Aires mayor and PRO leader Mauricio Macri used today's legislative elections as a platform to announce his intention to run for president in 2015, and promised change as his party celebrated strong results in the City.

  • 28/10/2013 | Argentina

    ‘Massa’s victory goes beyond the province,’ De Mendiguren

    After winning a Lower House seat for the Renewal Front in Sunday’s midterm elections, the former chief of the Argentine Industrial Union, José de Mendiguren, came on stage to stress Sergio Massa’s victory “goes beyond the BA province.”

  • 28/10/2013 | Argentina

    Informal dollar hits 30-cent drop after midterms

    The informal dollar dropped 30 cents to 9.75 for sellers, after yesterday’s midterm elections, while the official greenback rose one cent today to 5.90 pesos. BA stocks edge down 0.7 percent.

  • 28/10/2013 | Argentina

    Gioja celebrates election result in San Juan

    San Juan governor Juan José Luis Gioja, who is still hospitalized following a helicopter crash, celebrated yesterday’s election result in his home province after a positive result for Victory Front candidates.

  • 29/10/2013 | Argentina

    US dollar steadies at 5.90 pesos, informal rebounds

    The US dollar opened steady today at 5.90 pesos (selling price) after rising one cent yesterday, a day after the key midterm elections held on Sunday. Meanwhile, the informal US dollar today rebounded to 9.73 pesos after dropping three cents in early trade.

  • 29/10/2013 | Argentina

    Clarín stocks plunge 21% in London, 5.8% in BA, trading halted

    Following the ruling, Clarin's shares fell 5.76 percent before trade was suspended. The bourse said the shares would be suspended until it had more information about the ruling.

  • 08/10/2013 | Argentina

    Boudou pays tribute to CFK as he assumes presidential duties

    Vice President Amado Boudou transmitted a message of solidarity for Cristina Fernández de Kirchner as he led a rally in Cordoba, where he inaugurated a new bridge in the city of Villa Maria.

  • 16/10/2013 | Argentina

    US dollar rises to 5.85 pesos

    The official rate rose to 5.85 pesos for buyers, half a cent higher than yesterday's closing price.

  • 22/10/2013 | Argentina

    EU states back biodiesel duties on Argentina, Indonesia

    European Union member states agreed to impose punitive duties on imports of biodiesel from Argentina and Indonesia, which are accused of selling it into the bloc at unfairly low prices, according to diplomats.

  • 22/10/2013 | Argentina

    Vanoli: 'Revealing illegal dollar rates is like publishing cocaine prices'

    The CNV securities regulator chief Alejandro Vanoli, today tried to bring calm regarding the exchange market as the so called “blue” dollar was touching record highs stating there is a “positive financial environment”, although “some media show a virtual country to cause instability.”

  • 22/10/2013 | Argentina

    ANSES chief Bossio calls on banks to provide affordable mortgages

    ANSES executive director Diego Bossio has called on private banks to start providing easy access to housing credit, while asserting that the sector was making "extraordinary profits".

  • 22/10/2013 | Argentina

    Once victims' families : ‘The rail infrastructure is collapsed’

    After 20 months from “Once Tragedy” which left 51 deaths, the victim’s relatives warned that the rail infrastructure “is collapsed”.

  • 22/10/2013 | Argentina

    Monsanto calls glyphosate 'safe' after AP report

    Monsanto is calling for more controls on agrochemicals in response to an Associated Press report about concerns that illegal pesticide applications are harming human health in Argentina.

  • 24/10/2013 | Argentina

    US dollar higher at 5.825 pesos

    The US dollar closed half cent higher at 5.825 (buying price) and 5.875 (selling price) at Buenos Aires city banks and exchange offices. Greenbacks accumulate a 18.9 percent hike so far the year.

  • 23/10/2013 | Argentina

    Obama sends letter to CFK, wishes her a swift recovery

    The president of the United States Barack Obama sent a letter to Argentine President Cristina Fernández de Kirchner which was unveiled today by the Public Communications Secretariat.

  • 29/10/2013 | Argentina

    Driver in Once crash to be charged with negligence

    Julio Benitez, the driver of the train which crashed into Once station two weeks ago and left 99 injured will face trial under the charge of “derailing due to negligence”.

  • 30/10/2013 | Argentina

    Official and informal dollar rates higher

    The US dollar rose one cent and a half today to 5.910 pesos (selling price) after jumping three cents last week. It has accumulated more than 19 percent rise so far this year.

  • 31/10/2013 | Argentina

    US dollar higher at 5,92 pesos, 'blue' lower

    The US dollar today rose one cent to 5.92 pesos (selling price) continuing its upward mood and after jumping three cents last week. It has accumulated more than 19 percent rise so far this year.

  • 31/10/2013 | Argentina

    Zaffaroni hits back at opposition leaders, defends SC ruling

    "One day you are good, the next day you are bad, one day you are a hero, the next day you are a traitor,” Supreme Court justice Raúl Zaffaroni today hit back at opposition leaders and defended the ruling which declared the Broadcast Media Law constitutional.

  • 31/10/2013 | Argentina

    Elliot Management hope for 'consensual resolution' with Argentina

    In a letter to investors dated October 28, Elliott Management said it remained hopeful that a "consensual resolution" can be achieved with Argentina regarding the hedge funds dispute.

  • 31/10/2013 | Argentina

    Government confirms price freezes will continue until 2014

    Trade Deputy Secretary María Lucila “Pimpi” Colombo confirmed government initiatives to control prices, which includes the freezing of over 500 basic products, will continue until the end of the year after reaching an accord with major suppliers and supermarkets.

  • 01/11/2013 | Argentina

    Storm alert ceases, heavy rain expected to continue

    After yesterday’s storm alert issued by the National Weather Service, Argentineans are still coping with heavy rains affecting Buenos Aires and the country’s central and Northern areas.

  • 01/11/2013 | Argentina

    US dollar higher at 5.94 pesos

    The US dollar today was one cent and a half higher at 5.935 pesos (selling price) after jumping three cents this week. It has accumulated more than 19 percent rise so far this year.

  • 01/11/2013 | Argentina

    Bondholders lose bid to lift stay in Argentina litigation

    A US appeals court today said it would leave a freeze in place on an order requiring Argentina to pay $1.33 billion in favor of bondholders suing for repayment in the wake of the country's 2002 default.

  • 01/11/2013 | Argentina

    CFK's new medical report to be released this afternoon

    According to a local news agency citing government sources, a new medical report regarding the health situation of President Cristina Fernández de Kirchner will be released this afternoon.

  • 01/11/2013 | Argentina

    Tax revenue grows 23.5% in October

    Tax revenue improved 23.5 percent in October compared to the same month of 2012. Tax collection totaled 74,292.1 million pesos, the AFIP tax agency informed this afternoon.

  • 01/11/2013 | Argentina

    CFK is recovering favorably

    Cristina Fernández de Kirchner’s recovery from surgery is "satisfactory", presidential spokesman Alfredo Scoccimarro confirmed and added the President will undergo further tests on November 8.

  • 01/11/2013 | Argentina

    Justice cancels injuction, subway prices to increse

    An administrative court judge of Buenos Aires City, Pablo Mántaras, lifted the injunction that had frozen the increase to $3.50 pesos of the subway fare as ordered by the municipal government of Buenos Aires Mayor Mauricio Macri.

  • 31/10/2013 | Argentina

    Boudou slams those who 'Put own names ahead of national projects’

    Vice-president Amado Boudou had assured that Argentina has “a government with a presidential leadership that characterises the times” and criticized those “who put their own names ahead of national projects”, during a rally in the Buenos Aires town of Ezeiza.

  • 04/11/2013 | Argentina

    US dollar ends higher at 5.95 pesos

    The US dollar today rose to 5.95 pesos (selling price), one cent higher than its Friday close. It has accumulated more than 19 percent rise so far this year.

  • 05/11/2013 | Argentina

    US dollar ends higher; 'blue' drops

    The US currency ended one cent higher today at 5.96 pesos for buyers. Last week, greenbacks traded five cents higher reaching a 20-percent rise so far this year. Meanwhile, BA stocks were edging up 3.6%.

  • 05/11/2013 | Argentina

    Boudou: ‘Nothing will change this project”

    Vice president Amado Boudou stated that “nobody or nothing” will change the Government’s “economic project" and highlighted the work of the "Presidential team”, during an inauguration rally in the Buenos Aires province locality of General Rodríguez.

  • 07/11/2013 | Argentina

    Repsol says 'no progress' in YPF compensation deal

    Negotiations between Spanish oil company Repsol and Argentina’s government have reached no progress in settling a compensation agreement over the expropriation of the YPF energy giant last year, Repsol’s financial manager Miguel Martínez said today.

  • 07/11/2013 | Argentina

    US dollar drops one cent after gov't pressure on grain companies

    The government has asked grain companies to sell their dollars from export profits in the domestic market to push the exchange rate down. Today, the official dollar rate was trading at 5.95 pesos for buyers at banks and exchange officies in the City, marking the largest drop in two years.

  • 07/11/2013 | Argentina

    Argentina statistics case addressed to IMF board on November 13

    The Economy Ministry has been working on the creation of a new price index following claims and a censorship move by the International Monetary Fund over Argentina’s inflation statistics. The IMF will be addressing next Wednesday progress made on such a sensitive matter by the South American country, which was summoned to adjust both its price and GDP data to “international standards.”

  • 07/11/2013 | Argentina

    Telecom Italy sells Fintech its shares in Telecom Argentina

    The board of directors of Telecom Italy has decided on selling all of its Argentine holdings to Fintech, according to its CEO Marco Patuano.

  • 08/11/2013 | Argentina

    US dollar rises to 5.97 pesos

    The US dollar rose two cents and closed at 5.97 pesos as the Central Bank imposed a limit on the amount grain export companies could borrow from Argentine banks, forcing them to seek credits abroad.

  • 09/11/2013 | Argentina

    San Juan governor Gioja undergoes surgery

    San Juan Governor José Luis Gioja underwent surgery today after suffering an infection in the abdominal area.

  • 10/11/2013 | Argentina

    Marking time in the centre ground

    By James Neilson
    Ever since Tigre’s mayor Sergio Massa took an early lead in the presidential race, people have been asking themselves what exactly does he stand for. Many find his lack of clear-cut ideas disturbing. But Massa is not the only ambitious politician who hopes to succeed Cristina in the Pink House whose thinking is assumed to be excessively fuzzy.

  • 12/11/2013 | Argentina

    US dollar steady at 5.98 pesos

    The US dollar rate was steady at 5.93 pesos (buying price) and 5.98 pesos (selling price) after dropping one cent last Thursday for the first time in two years.

  • 11/11/2013 | Argentina

    'Argentina presents incredible long-term growth opportunities,' Fintech chief tells WSJ

    In an interview to the US financial newspaper, the head of Fintech Advisory, David Martinez, stressed "Argentina presents incredible long-term growth opportunities, in my view the highest in Latin America."

  • 12/11/2013 | Argentina

    Boudou: 'These years were not defined by sectarian politics'

    While President Cristina Fernández de Kirchner is preparing her political comeback for next week, her deputy Amado Boudou inaugurated new infrastructure works at the University of Quilmes, and stated that the government has no interest in getting involved with internal party conflicts.

  • 13/11/2013 | Argentina

    US dollar steady at 5.98 pesos; 'blue' rises

    The US currency remained steady today at 5.93 pesos (buying price) and 5.98 (selling price) hitting a 21-percent hike this year. The Central Bank continues to watch over closely the trading of greenbacks. Informal market dollar jumped two cents reaching 9.77 pesos for buyers and 9.82 for sellers.

  • 13/11/2013 | Argentina

    Boudou criticises politicians who ‘make one proposal per day’

    Vice president Amadou Boudou remarked that “ public works policies create thousands of jobs nationwide”, during an inauguration of a sport center in Gualeguay, province of Entre Ríos.

  • 13/11/2013 | Argentina

    IMF set date for analysis of Argentine price index

    Directors of the International Monetary Fund (IMF) will analyse a new national price index sent by the Argentine government on December 9, with the results set to be released at the start of 2014.

  • 14/11/2013 | Argentina

    Telecom Italia to sell Telecom Argentina stake for $960 mln

    Telecom Italia said today it had agreed to sell its entire stake in Telecom Argentina to Fintech Group for $960 million. The Italian telecoms group was in talks with the investment fund to sell its 22.7 stake in Telecom Argentina, as part of a new strategy aimed at raising 4 billion euros ($5.4 billion) to avoid a credit downgrade and revive its business.

  • 14/11/2013 | Argentina

    US dollar jumps to 5.995 pesos

    The US currency today jumped one cent and a half to 5.995 pesos hitting a 21 percent hike this year with the Central Bank controlling exchange operations. In the informal market, the "blue" dollar was also rising to 9.98 pesos, eight cents higher than its last close, when it jumped 10 cents.

  • 18/11/2013 | Argentina

    CFK returns to work, meets with gov't officials

    President Cristina Fernández de Kirchner has resumed official duties after more than a month away from the executive, and today will meet with colleagues in the presidential residence located in Olivos.

  • 18/11/2013 | Argentina

    US dollar higher at 6.005 pesos

    The US currency today was half a cent higher and hit 6.005 pesos for buyers. It has jumped 21 percent this year although the Central Bank keeps controlling foreign exchange operations.

  • 18/11/2013 | Argentina

    Government rejects austerity measures in G20 meeting

    The Argentine government today roundly rejected the notion that austerity measures are an effective way to exit a crisis, and stated in a meeting with representatives of the G20 that the group's biggest powers were mistaken in rescuing financial systems ahead of their economies.

  • 19/11/2013 | Argentina

    Official, informal US dollar soar following redesign of CFK's ministerial team

    Following yesterday’s news about the cabinet shake-up, the US dollar jumped 4 cents to 6 pesos for buyers and 6.045 for sellers. Similar trends in the informal market show the foreign currency already hitting 9.95 pesos (selling price).

  • 19/11/2013 | Argentina

    After helicopter crash, San Juan governor Gioja continues to improve

    Doctors treating San Juan Governor José Luis Gioja revealed today that the politician is recovering gradually from the multiple injuries he suffered on October 11, following an helicopter crash in the town of Valle Fértil.

  • 19/11/2013 | Argentina

    Opposition figures react to Moreno's resignation

    The resignation of Domestic Trade Secretary Guillermo Moreno caused strong reactions within the opposition, who were largely pleased with the politician's decision to step down. However, several figures recalled that he was “following orders” and during his administration “he broke the people’s confidence in the government”.

  • 20/11/2013 | Argentina

    US dollar higher at 6.06 pesos; 'blue' drops

    The US currency today rose one cent to 6.06 pesos for buyers after a cabinet shuffle and amid versions of a possible implementation of multiple exchange rates.

  • 20/11/2013 | Argentina

    CFK calls for opposition co-operation: 'We are ready to hear ideas'

    After swearing in members of her new cabinet, President Cristina Fernández de Kirchner called on followers to 'continue spreading this project', while recognising that initiatives from the opposition would be given a fair hearing.

  • 21/11/2013 | Argentina

    Capitanich offers to hold daily talks with journalists

    In a clear shift in the Kirchnerite administration’s mode towards the press, Cabinet Chief Jorge Capitanich announced he is willing to hold daily talks with the media, “early” at the Government House.

  • 21/11/2013 | Argentina

    Capitanich denies 'personal or political aspirations' for 2015

    Asked about his personal and political aspirations for 2015, newly appointed Cabinet Chief, Jorge Capitanich, assured he will work “without personal or political aspirations,” adding his mission is to “meet the goals” set by the government for the next two years.

  • 21/11/2013 | Argentina

    US dollar rises to 6.065 pesos, Merval up 0.6%

    The US currency today rose one cent and a half compared to its last close to 6.065 pesos for buyers. The foreign exchange rate was being affected by political news and versions of a possible implementation of multiple exchange rates.

  • 21/11/2013 | Argentina

    Kunkel: Election inspired recent cabinet changes

    Victory Front lawmaker Carlos Kunkel assured that his party has carried out an “attentive” overview of the election defeat, and explained the current cabinet changes as a consequence of the October result.

  • 22/11/2013 | Argentina

    Gov't to send bill to Congress to raise taxes on luxury goods

    Cabinet Chief Jorge Capitanich today announced the government will send today a bill to Congress to raise taxes on luxury goods. “Those who want to buy luxury goods will have to pay more,” he warned.

  • 22/11/2013 | Argentina

    New economic team assembled by Kicillof unveiled

    The government published the appointments of Augusto Costa as the new Domestic Trade Secretary, Emmanuel Álvarez Agis as Secretary of Economic Policy and Pablo López as Finance Secretary, the latter to replace Adrián Cosentino.

  • 22/11/2013 | Argentina

    'Value chain distortion' tops Gov't agenda, Capitanich

    Two days after being officially sworn-in as Cabinet Chief, Jorge Capitanich was holding today a series of meetings with union and private-sector leaders joined by Axel Kicillof, the newly appointed Minister of Economy. The government is putting the focus on the “distortion” of the value chain, Capitanich said while briefly addressing reporters at the government house.

  • 22/11/2013 | Argentina

    US dollar higher at 6.09 pesos, informal market greenback down to 9.92

    The US currency today rose two cents and a half compared to its last close and was trading at 6.09 pesos for buyers. The foreign exchange rate was being affected by political news and versions of a possible implementation of multiple exchange rates.

  • 22/11/2013 | Argentina

    Industrial activity drops 1.1% in October - Indec

    The industrial activity dropped 1.1 percent in October compared with the same month in 2012 but grew 1.4 percent compared to last month, the INDEC national statistics bureau informed today.

  • 23/11/2013 | Argentina

    Moyano warns 'No benefit, no agreement'

    The head of the anti-government CGT splinter questioned the round of meetings the government launched this week in a show of political rapprocachement with business leaders and the labour movement. Hugo Moyano warned that his supporters “will not accept any agreement if there is no real and concrete benefit."

  • 25/11/2013 | Argentina

    AMIA: Argentina urges Tehran to give "formal response" to proposal

    Cabinet Chief Jorge Capitanich today praised the deal struck during the weekend between Iran and six world powers to limit Tehran’s nuclear activities, and referred the talks held by Argentine and Iranian officials to "negotiate the terms" of the Memorandum of Understanding reached earlier this year.

  • 25/11/2013 | Argentina

    Capitanich to invite Macri, Bonfatti to meetings at Government House

    Cabinet Chief Jorge Capitanich today announced he would submit formal invitations to Buenos Aires City Mayor, Mauricio Macri, and Santa Fe Governor, Antonio Bonfatti, to hold meetings at the Government House.

  • 14/11/2013 | Argentina

    Gov't criticises Spain for ending biodiesel exports

    The government of Argentina has filed a formal complaint against Spain over its decision to close the market for the nation's biodiesel, while defining the measure as “discriminatory” and arguing “an illegitimate and protectionist policy”.

  • 15/11/2013 | Argentina

    US dollar hits 6 pesos

    The US currency today was half a cent higher today hitting 6 pesos. It has jumped 21 percent this year although the Central Bank keeps controlling foreign exchange operations.

  • 15/11/2013 | Argentina

    Economy grows 4,7% in September

    Economic activity grew 4,7% percent in September compared to the same period in 2012, totaling a 5,4% annual growth, according to the Indec report released.

  • 15/11/2013 | Argentina

    INDEC: inflation up 0.9% in October

    Inflation rose 0.9 percent in October, the INDEC statistics bureau reported. Annualized inflation equals 10.5 percent so far this year, less than half of the index registered by private companies, who estimate a total of 25,86%.

  • 15/11/2013 | Argentina

    Griesa throws out ‘vulture fund’ request

    United States Judge Thomas Griesa rejected two new requests filed by the hedge fund NML who asked to have access to information and said Argentina was breaking Griesa’s order not to change the payment mechanisms of debt bonds, Télam state news agency reported yesterday.

  • 16/11/2013 | Argentina

    'There is no need to go after financial dollars', Marcó del Pont

    Central Bank president Mercedes Marcó del Pont said that “there is no need to go after financial dollars but the long term ones”, during the Monetary and Banking Day 2013 celebrated in the city of Buenos Aires.

  • 16/11/2013 | Argentina

    Argentina, without Messi, held 0-0 by Ecuador

    An experimental Argentina, playing without injured captain Lionel Messi, drew 0-0 with fellow World Cup finalists Ecuador in a friendly at the MetLife Stadium in New Jersey on Friday.

  • 17/11/2013 | Argentina

    Political parties return?

    By Martín Gambarotta
    President Cristina Fernández de Kirchner, who underwent head surgery on October 8 to drain a clot, could have been expected to be back at the office by now. Doctors had initially ordered the president to rest “strictly” for 30 days. Those 30 days are over. Fernández de Kirchner was subjected to a battery of head and heart tests a week ago at the Fundación Favaloro hospital.

  • 17/11/2013 | Argentina

    Not exactly what the doctors ordered

    By James Neilson
    So on Monday it’s back to work for Cristina. Though the president has been told that from now on she will have to take it easy, avoid stressful situations that could upset her and, above all, do her best to remain calm, circumstances being what they are she could soon feel that the universe is conspiring to drive her round the bend.

  • 25/11/2013 | Argentina

    Quake of 6.6 magnitude strikes southeast of Malvinas Islands

    A quake with a magnitude of 6.6 struck the South Atlantic southeast of the Malvinas Islands today, the United States Geological Survey said.

  • 26/11/2013 | Argentina

    US dollar rises after business holiday

    After the business holiday that saw banks and exchange houses closed, the US currency today rose one cent and a half compared to its last close and was trading at 6.105 pesos for buyers.

  • 26/11/2013 | Argentina

    Capitanich seeks renewal of price agreements

    The Chief of Cabinet has assured that the national government will try to close in two weeks a new price deal to prevent “speculation” following recent changes in Cristina Fernández de Kirchner's ministerial team.

  • 27/11/2013 | Argentina

    Repsol's board accepts YPF compensation deal

    The Repsol’s Administrative Council has accepted the preliminary agreement reached among Argentina, Mexico and Spain involving a compensation for the expropriation of the Spanish firm’s 51 percent stake in the energy giant YPF.

  • 27/11/2013 | Argentina

    Capitanich confirms he will brief lawmakers once a month

    After meeting with the heads of the different caucuses at the Senate, Cabinet Chief Jorge Capitanich, considered the meeting was “good and productive” and informed they agreed on a mechanism so he attends the Congress once a month to brief lawmakers on major national topics.

  • 27/11/2013 | Argentina

    Official dollar rises, BA shares close down 1,7%

    The US currency today rose one cent compared to its last close and was trading at 6.115 pesos for buyers.

  • 28/11/2013 | Argentina

    Senate okays Civil Code reform after 12-hour debate

    Today’s early morning the Senate passed the reform of Argentina’s Civil and Commercial Code clearing the bill for debate at the Lower House. The government-brokered project rallied support of ally blocs. At voting time, FAP, Radical Party and Disident Peronism opposition parties left the parliamentary chamber.

  • 02/12/2013 | Argentina

    Capitanich reacts to US comments on Central Bank reserves, confirms subsidy cuts

    In his daily press briefing at the Government House Cabinet Chief Jorge Capitanich today reacted to the White House comments on the Argentine Central Bank reserves, saying “I am worried about the US and UK debt level.” The US public debt reaches over 100 percent of its GDP, he warned.

  • 02/12/2013 | Argentina

    'Blue' dollar falls 39 cents; official rate closes higher

    The US currency today closed one cent and a half higher at 6.165 pesos at BA City banks and exchange offices. Meanwhile, the "blue" dollar was trading at 9.18 pesos, 39 cents lower than last week.

  • 02/12/2013 | Argentina

    Kicillof, De Vido to make economic announcements

    Economy Minister Axel Kicillof and Planning Minister Julio De Vido were expected to make economic announcements today at noon, according to Government House sources.

  • 03/12/2013 | Argentina

    Macri, Scioli, to meet with Capitanich today

    Cabinet Chief Jorge Capitanich will meet today at the Government House with Buenos Aires Governor Daniel Scioli and Buenos Aires City Mayor Mauricio Macri. The meetings were going to be held tomorrow but were rescheduled for today.

  • 03/12/2013 | Argentina

    'Blue' dollar climbs to 9.30 pesos

    The so called "blue" dollar which trades in the parallel market today climbed 12 cents to 9.30 pesos for buyers after plunging 39 cents yesterday. The official rate was trading one cent and a half higher at 6.18 pesos for buyers at banks and exchange offices in Buenos Aires.

  • 04/12/2013 | Argentina

    'Blue' dollar soars to 9.62, official up 2 centavos

    In another busy day for the unofficial 'Blue' dollar, selling prices for the currency rose 32 centavos from yesterday to reach 9.62 pesos. The official prices, meanwhile, saw a two centavo gain to close at 6.205 pesos to the dollar.

  • 04/12/2013 | Argentina

    New Security, SEDRONAR authorities sworn in

    President Kirchner swore in two new members of her cabinet. María Cecilia Rodriguez assumes control in the Security Ministry while priest Juan Carlos Molina will head the anti-drugs agency SEDRONAR.

  • 04/12/2013 | Argentina

    Car production falls 20% in November

    The automotive industry saw sharp falls in November compared to the same month of the previous year, with figures for both car production and exports well down on 2012 figures.

  • 05/12/2013 | Argentina

    Capitanich says meeting with Bonfatti 'positive'

    In another round of bileteral talks with provincial governors, Cabinet Chief Jorge Capitanich today met with the governor of Santa Fe province Antonio Bonfatti at the Government House.

  • 05/12/2013 | Argentina

    Blue dollar climbs to 9.69 pesos, official to 6.23

    Traders say tourist demand for greenbacks in the informal market has increased following the government’s decision to take the 20 percent levy on credit and debit card purchases as well as on the purchase of the US currency to 35 percent.

  • 05/12/2013 | Argentina

    ECLAC: Argentina has lowest poverty rates in the region

    The UN Economic Commission for Latin America and the Caribbean has revealed Argentina has the lowest poverty rates and the second lowest indigence levels in the region, followed by neighboring Uruguay.

  • 05/12/2013 | Argentina

    Minister: Argentina to ease restrictions on Brazilian imports

    Argentina will from next week open the doors for Brazilian imports held up on the border between the two nations, including footwear and motor vehicles, according to Brazilian Minister of Development, Industry and Foreign Trade Fernando Pimentel.

  • 05/12/2013 | Argentina

    Capitanich warns against Supreme Court 'interference' in Executive power

    During a press conference in the Government House, Cabinet Chief Jorge Capitanich assured that the Government “did not received any formal request for an audience” by the Supreme Court magistrates, and warned of an “interference in the executive.”

  • 05/12/2013 | Argentina

    Capitanich blames Cordoba looting on 'planned actions'

    Cabinet Chief Jorge Capitanich has claimed that disturbances in the provinces of Cordoba and Buenos Aires, were due to the “pre-meditated actions of particular groups,” while reaffirming that the responsibility of public safety belongs to provinces.

  • 06/12/2013 | Argentina

    US dollar climbs to 6,25 pesos, 'blue' drops to 9.50

    The US dollar climbs a cent and a half trading at 6.20 pesos for buyers and 6.25 for sellers. The so called “blue dollar” falls by 14 cent dropping to 9.45 pesos (buying price) and 9.50 (selling price).

  • 06/12/2013 | Argentina

    Opposition demands to cancel Milani’s designation

    Members of the Radical Civic Union, UNEN, and the Wide Progressive Front urged the Federal Government to withdraw next week’s voting over the assignation of General César Milani as the new head of the army.

  • 09/12/2013 | Argentina

    Concordia: one dead in lootings amid police protest

    The Governor of Entre Ríos Sergio Urribarri today confirmed one person died during lootings reported last night in the city of Concordia amid a protest staged by the provincial police force on wage hikes demands.

  • 09/12/2013 | Argentina

    Police crisis: Capitanich says 'Judiciary must do something,' talks about 'extortion'

    Cabinet Chief Jorge Capitanich came on stage today to speak about the police crisis which has spread to several provinces. He assured the Government is “monitoring the situation with each provincial government and with each one in charge to generate mechanisms of social and civic protection.”

  • 09/12/2013 | Argentina

    US dollar higher at 6.255 pesos

    The US dollar closed half a cent higher today in Buenos Aires City exchange offices and banks at 6.255 for sellers, after climbing 10 cents last week.

  • 09/12/2013 | Argentina

    Police crisis, protests spread to other provinces

    The police crisis which prompted protests and further lootings in several provinces last week and during the weekend spread today to other districts, with deaths reported in Jujuy and Entre Rios.

  • 09/12/2013 | Argentina

    IMF extend Argentina deadline for improved inflation, GDP statistics

    Directors of the International Monetary Fund (IMF) announced today that they will give Argentine authorities an extended deadline in order to improve upon disputed national statistics, giving the nation until March 2014 to make the necessary changes.

  • 10/12/2013 | Argentina

    US dollar rises to 6.27 pesos

    The US dollar closed one cent and a half higher today in Buenos Aires City exchange offices and banks at 6.27 (selling price), after climbing 10 cents last week.

  • 10/12/2013 | Argentina

    CFK: 'Lootings are no coincidence'

  • 11/12/2013 | Argentina

    US dollar climbs to 6.285 pesos, blue trades at 9.56 pesos

    After a steady open today at Buenos Aires city exchange offices and banks, the US currency ended higher at 6.285 pesos (selling price). The so called “blue dollar” was trading in the informal market at 9.56 pesos (selling price).

  • 11/12/2013 | Argentina

    Milani promotion passes through Senate Committee hearing

    Victory Front politicians have approved the promotion of Army Chief César Milani and it will be put up for vote during an upcoming session of the Senate next Wednesday.

  • 11/12/2013 | Argentina

    Salta salary raise rejected by striking policemen

    Salta’s Governor Juan Manuel Urtubey ordered a 50 percent salary raise for the police that nevertheless continue protesting in a bid for better economic compensation. Minimum wage will be of 6,516 pesos. Public employees to receive a 25 percent hike.

    Salta governor Juan Manuel Urtubey ordered a 50% salary raise for the police personnel in his province. Minimum wage will pass from 4.342 to 6.516 pesos, while public employees will enjoy a 25% increase starting next May.

  • 11/12/2013 | Argentina

    Protests continue in Tucumán province

    In Tucumán's province, thousands of pot banging demonstrators gathered in the Independencia square, in rejection of the looting incidents and police protest that took place in the last two days.

  • 12/12/2013 | Argentina

    US dollar climbs to 6.29 pesos, 'blue' trades at 9.55 pesos, BA shares up 0,7%

    The US currency was climbing half cent today at Buenos Aires City exchange offices and banks at 6.29 pesos for sellers, reaching a 3-cent hike only this week. The so called "blue dollar" trades one cent higher at 9.55 pesos.

  • 12/12/2013 | Argentina

    Argentina says October primary budget deficit 2.76 billion pesos

    Argentina posted a primary budget deficit of 2.758 billion pesos ($466.5 million) for October, the Economy Ministry said today.

  • 13/12/2013 | Argentina

    US dollar rises to 6,29; 'blue' climbs to 9,60

    The US currency rose half a cent today in BA City exchange offices and banks to 6.295 (selling price). The currency is closing the week with a three and a half-cent hike after climbing 10 cents previous week.

  • 13/12/2013 | Argentina

    Economy Minister praises YPF role in energy sector recovery

    Economy Minister Axel Kicillof today praised the role of YPF oil giant in the recovery of the energy sector and urged other companies to maintain and increase their investments for Argentina to become self-sufficient in energy production.

  • 13/12/2013 | Argentina

    CFK: 'The police cannot organize delinquency'

    Through a Twitter message, President Cristina Fernández de Kirchner accused the provincial police force of “organizing the delinquency”, during last week looting that spread across the country.

  • 13/12/2013 | Argentina

    INDEC: inflation up 0.9% in November

    Inflation rose 0.9% in November, the INDEC statistics bureau reported. Annualized inflation equals 10,5% compared to the same period last year.

  • 14/12/2013 | Argentina

    Capitanich calls for 'Popular participation' in Security Forces control

    Cabinet Chief Jorge Capitanich called for a “popular participation in the control of the Security Forces”, during a press conference at the National Library in the city of Buenos Aires.

  • 16/12/2013 | Argentina

    ‘Government will guarantee price controls’

    In his daily and early press conference, Cabinet Chief Jorge Capitanich today assured the government wants to “look after the consumers’ pockets.” “We will identify the mass consumption goods and we will ensure price controls are respected,” he said.

  • 16/12/2013 | Argentina

    Capitanich to businessmen: ‘Invest and stop speculating’

    Cabinet Chief Jorge Capitanich today urged businessmen to “invest and stop speculating” in a press conference which moved from price controls, inflation, to wage talks being held with different sectors.

  • 16/12/2013 | Argentina

    US dollar rises to 6.32 pesos

    The US currency today rose two and a half cents to 6.32 pesos (selling price) in Buenos Aires City exchange offices and banks after rising three and a half cents last week.

  • 16/12/2013 | Argentina

    UK complains about Argentine threat to punish oil drilling in Malvinas

    Britain has accused Argentina of "bullying tactics" over its threat to punish oil firms operating off the Malvinas Islands with heavy fines, the seizure of assets and jail sentences of up to 15 years.

  • 17/12/2013 | Argentina

    Designation of Fábrega as Central Bank chief made official

    The government today made official several designations, among them, the appointment of Juan Carlos Fábrega as president of the Central Bank for a period of six years.

  • 17/12/2013 | Argentina

    Capitanich urges companies to invest to avoid power cuts

    “Private companies are responsible for the power cuts,” Cabinet Chief Jorge Capitanich referred today to the increasing blackouts in the City and the province of Buenos Aires caused by the power demand amid soaring temperatures and urged companies to boost their investments.

  • 17/12/2013 | Argentina

    Orange alert continues for Buenos Aires, Rosario

    An orange alert continued today for high temperatures in the cities of Buenos Aires and Rosario as a heat wave remained in the area.

  • 17/12/2013 | Argentina

    US dollar rises to 6.34 pesos

    The US currency today rose two cents to 6.34 pesos (selling price) in Buenos Aires City exchange offices and banks after rising three and a half cents last week.

  • 17/12/2013 | Argentina

    Supreme Court approves 5% wage hike for Judiciary staff

    The Supreme Court today approved a 5 percent hike in salaries of judicial employees. The wage hike will be effective for every category, according to a communiqué released today by the Supreme Court.

  • 17/12/2013 | Argentina

    Tucuman Supreme Court revokes verdicts in Marita Verón case

    Tucumán’s Supreme Court has overturned the ruling which cleared 13 suspects of involvement in the disappearance of Marita Verón, and sent 10 of those accused in the human trafficking case back to be sentenced for the crimes.

  • 17/12/2013 | Argentina

    Argentina rejects UK protest over Malvinas hydrocarbon law

    Deputy Foreign Minister Eduardo Zuaín today called a meeting with the UK ambassador, in order to reject the nation's protest over a new law that prohibits the exploitation of hydrocarbon resources in the area around the Malvinas Islands.

  • 17/12/2013 | Argentina

    CFK meets DAIA authorities

    President Cristina Fernández de Kirchner met with authorities of the DAIA Jewish organization in the Government House.

  • 18/12/2013 | Argentina

    Greenpeace activists included in Russian amnesty

    The Russian Parliament has confirmed the decision to grant amnesties to 30 Greenpeace activists who were imprisoned on charge of vandalism for protesting in the Arctic Circle, among them Argentines Hernán Pérez Orsi and Camila Speziale.

  • 18/12/2013 | Argentina

    Gov't insists power cuts must be 'scheduled'

    Amid massive blackouts and an electricity consumption that hit another record yesterday, Cabinet Chief Jorge Capitanich urged companies to implement a "system of scheduled cuts" to guarantee the service.

  • 18/12/2013 | Argentina

    US dollar rises to 6.385 pesos

    The US currency today rose four cents to 6.385 pesos (selling price) in Buenos Aires City exchange offices and banks after rising four cents and a half last week.

  • 18/12/2013 | Argentina

    Government inaugurates power line network

    Cabinet Chief Jorge Capitanich inaugurated an electricity project, including the installation of a power line network during a graduation ceremony of cooperatives workers in Ezeiza, province of Buenos Aires.

  • 18/12/2013 | Argentina

    Senate passes Milani's promotion

  • 19/12/2013 | Argentina

    Capitanich urges power companies to account for blackouts

    In his daily press briefing at the Government House, the chief of staff urged to have a “reasonable debate” and considered “essential” that energy companies “give explanations to users” amid the massive blackouts of the last days.

  • 19/12/2013 | Argentina

    Bank holidays set for December 24, 31

    The Central Bank today stipulated public and private banks will remain closed on December 24 and 31 across the country, Cabinet Chief Jorge Capitanich announced earlier at the Government House.

  • 19/12/2013 | Argentina

    US dollar rises to 6.405 pesos

    The US currency today rose another two cents to 6.405 pesos (selling price) in Buenos Aires City exchange offices and banks, continuing its upward tendency of the last weeks.

  • 19/12/2013 | Argentina

    Government urges energy providers to restore service

    Cabinet Chief Jorge Capitanich today gave a press briefing to inform about the results of a meeting he held earlier at the Government House with representatives of the Planning Ministry, the ENRE regulator agency, and of Edenor and Edesur, the two energy giants which provide electricity service in Buenos Aires city and province. 

  • 19/12/2013 | Argentina

    Temperatures may hit 40° in Buenos Aires

    A new report released today by the national weather service informed “a new and progressive increase of maximum and minimum temperature marks is expected in the region from Friday 20 to Tuesday 24.”

  • 19/12/2013 | Argentina

    Argentina files complaint to WTO over EU biodiesel import duties

    Argentina today filed a complaint with the World Trade Organization over the European Union's decision to slap anti-dumping duties on the South American country's biodiesel.

  • 19/12/2013 | Argentina

    Teamsters receive Christmas bonus after strike threat

    Teamster union leader Pablo Moyano has confirmed that workers affiliated to the organisation will receive a ‘Christmas bonus’ after reaching an agreement with businessmen and distributors.

  • 19/12/2013 | Argentina

    CFK heads Milani promotion ceremony

    President Cristina Fernández de Kirchner today led a ceremony celebrating the promotions of several officers of the Armed Forces, among those Army chief César Milani, in Government House.

  • 20/12/2013 | Argentina

    Milani's promotion made official

    The government today made official the promotion from major-general to lieutenant-general of César Milani, who yesterday took over formally as head of the Army.

  • 20/12/2013 | Argentina

    Filmus to head new government agency created to address Malvinas issues

    According to an official communiqué released this morning, a new government agency under the scope of the Foreign Ministry has been created by President Cristina Fernández de Kirchner to address issues related exclusively to the Malvinas Islands, designating former senator Daniel Filmus as its chief.

  • 20/12/2013 | Argentina

    Government, business chambers strike price deal

    In a new attempt to restrain the inertial inflation the country has been undergoing, the government today reached a price deal with different business chambers to keep prices unchanged for one year.

  • 20/12/2013 | Argentina

    US dollar rises to 6.435 pesos

    The US currency today rose three cents to 6.435 pesos (selling price) in Buenos Aires City exchange offices and banks, after rising two cents yesterday, continuing its upward tendency of the last weeks.

  • 20/12/2013 | Argentina

    Kicillof asks businessmen for 'responsibility'

    After the government and supermarket chambers signed a deal to keep prices unchanged for one year starting January 1, Economy Minister Axel Kicillof announced a “system of permanent monitoring” will be created, to report price variations.

  • 28/11/2013 | Argentina

    'Blue' dollar slips; official rate higher at 6.13 pesos

    The US currency today rose one and a half centc compared to its last close and was trading at 6.13 pesos for buyers.

  • 28/11/2013 | Argentina

    Capitanich praises ANSES, governors work in providing homes

    Chief of Cabinet Jorge Capitanich has announced that the Argentine federal government will finance the purchase of 40,000 land lots in the north of the country, investing around 4 billion pesos in a project that will provide housing for families in the region.

  • 28/11/2013 | Argentina

    City legislature approves 2014 budget

    Buenos Aires City lawmakers passed the 2014 budget bill, calculated in 59.5 billion dollars, thanks to the votes of the Pro party and its allies, while the opposition rejected and criticized the project.

  • 29/11/2013 | Argentina

    US dollar rises to 6.15 pesos, BA shares close down 0,3%

    The US currency today rose to 6.15 pesos for buyers at banks and exchange offices in Buenos Aires, two cents higher than yesterday's close.

  • 29/11/2013 | Argentina

    September primary surplus tightened to 412.5 m pesos

    Argentina's primary budget surplus was 412.5 million pesos ($67.2 million) in September, the government said in a statement today, down from 534.8 million pesos in the same month last year and 912.5 million pesos in August.

  • 20/12/2013 | Argentina

    Economy grows 5.5 percent

    The INDEC statistics bureau reported that the economic activity grew 5.5 percent during the third quarter, compared with the same month last year accumulating a 5.7 percent since January.

  • 20/12/2013 | Argentina

    Industrial activity drops 4.9 percent in November

    The INDEC national statistics bureau informed today that the industrial activity dropped 4.9 percent in November and 3.9 percent compared with last month.

  • 20/12/2013 | Argentina

    Cameron slams 'Argentina's campaign'

    During a special message for Christmas, UK Prime Minister David Cameron addressed the Malvinas citizens and said that Britain “will never” let Argentina violate their “right for self determination.”

  • 20/12/2013 | Argentina

    Police raids Lázaro Báez offices

    The Federal Police raided into the offices of “Austral Construcciones” in the city of Buenos Aires, a company owned by Lázaro Báez, followed an impeachment filed by the Civic Coalition party lawmakers Elisa Carrió and Fernando Sanchez.

  • 21/12/2013 | Argentina

    Capitanich: 'We want to protect the prices of your production'

    Cabinet Chief Jorge Capitanich announced a new series of agricultural subsidies for local producers, during a rally in Ituzaingó, province of Buenos Aires.

  • 21/12/2013 | Argentina

    Massa slams Gov't price deal: 'We need a program to fight inflation'

    Renewal Front leader and national lawmaker Sergio Massa affirmed that is necessary “to acknowledge the inflationary problem, recover the statistic credibility and organize an integral program to fight against it."

  • 23/12/2013 | Argentina

    List of agreed prices with supermarkets to be published on January 3

    Cabinet Chief Jorge Capitanich today announced a list of agreed prices with supermarkets and providers will be published next January 3 on the official gazette regularizing the measure.

  • 23/12/2013 | Argentina

    Gov't to sign debt refinancing deal with 18 provinces

    Cabinet Chief Jorge Capitanich today confirmed the government will sign with 18 provinces an agreement to refinance debt which will be in effect for three renewable months.

  • 23/12/2013 | Argentina

    US dollar advances to 6.45 pesos

    The US currency closed today two cents up compared to its Friday closing price and was traded at 6.45 pesos (selling price) in Buenos Aires City exchange offices and banks.

  • 23/12/2013 | Argentina

    Gov't, businessmen, unions met to boost investments, curb informal employment

    Cabinet Chief Jorge Capitanich and Economy Minister Axel Kicillof were attending this morning a meeting with businessmen and union leaders to discuss several pending topics such as wage talks, investments and economic goals for next year.

  • 23/12/2013 | Argentina

    De la Rúa, all accused in bribery case absolved

    The trial against former president Fernando de la Rúa, accused of allegedly paying bribes to senators to get his labour reform approved in 2000 ended this afternoon raising eyebrows as he was absolved.

  • 23/12/2013 | Argentina

    Gov't rejects pseudo currency alternative

    Cabinet Chief, Jorge Capitanich defined as an “outburst and exaggeration,” the statements of Corrientes Governor Ricardo Colombi, who warned about the possibility of emitting a pseudo-currency due the economic situation in his province.

  • 25/12/2013 | Argentina

    Red weather alert declared for BA city and surroundings

    The National Meteorological Service (SMN) has released a red alert for the cities of Buenos Aires and Rosario as well as surrounding areas, reacting to a heat wave that continues to affect the region.

  • 25/12/2013 | Argentina

    At least 160 injured during Christmas Eve holiday

    At least 112 adults and 85 under-age people were treated after suffering from burns and contusions during the Christmas holiday.

  • 26/12/2013 | Argentina

    US dollar jumps to 6.48 pesos, 'blue' trades at 9.90 pesos

    After a steady open this morning, the US dollar climbed three cents and a half at 6.43 pesos for buyers and 6.48 pesos for sellers at Buenos Aires City banks and exchange offices. Greenbacks had already jumped two cents earlier in the week.

  • 26/12/2013 | Argentina

    CFK dismisses 2015 candidacy speculation

    President Cristina Fernández de Kirchner today dismissed any possibility to be a candidate in 2015, in statements to official news agency Télam.

  • 11/11/2013 | Argentina

    IMF's Lagarde: Argentina has made 'positive progress' on data reform

    Argentina has made "positive progress" in reforming the quality of its economic data, the International Monetary Fund head said, adding that the IMF's board is set to review the country's moves in a few days.

  • 26/12/2013 | Argentina

    Government says 'no evidence' obtained after Army HQ raid

    The Federal Government informed that a raid on Army Headquarters in the city of Buenos Aires investigating possible unauthorised intelligence operations revealed no evidence of wrongdoing, while the politician who brought forward the charges vowed to continue his campaign.

  • 27/12/2013 | Argentina

    Minimum bus fare rises 66% to 2.50 pesos

    The national  government has raised the price of bus fares from 1.50 pesos to 2.50 pesos, as of January 1, and has cut SUBE subway tariffs by 40 percent to benefit “the most vulnerable sectors.”

  • 27/12/2013 | Argentina

    US dollar higher at 6.50 pesos

    After a steady open this morning, the US dollar jumped two cents in midtrade to 6.50 pesos (selling price) at Buenos Aires City banks and exchange offices. Yesterday, it climbed three cents and a half.

  • 27/12/2013 | Argentina

    Gov't signs debt restructuring deal with 18 provinces

    National government officials today met with provincial governors to sign a deal whoch will refinance the debts of 18 provinces every three months.

  • 01/01/2014 | Argentina

    Almost 70 injured in City New Year celebrations

    New Year's celebrations in Buenos Aires left 67 needing hospital treatment, primarily for injuries suffered from fireworks and champagne corks as festivities got underway at midnight.

  • 02/01/2014 | Argentina

    US dollar jumps to 6.55 pesos, Blue up to 10.17

    Greenbacks were trading two and a half cents higher in the first financial week of 2014 following the 32-percent devaluation reached by Argentina’s peso currency last year. Rates were at 6.55 for sellers at BA City banks and exchange offices.

  • 02/01/2014 | Argentina

    Mujica: Uruguay - Argentina relationship is 'at a standstill'

    Uruguayan president José Mujica has admitted that his country's relationship with Argentina is "at a standstill", and suggested that improving relations was down to counterpart Cristina Fernández de Kirchner.

  • 02/01/2014 | Argentina

    BA stock market Chairman Horacio Fargosi dies at 87

    Horacio Fargosi, president of the Buenos Aires stock market association, passed away today at the age of 87. His remains will be laid to rest in Pilar, at the Jardín de Paz cemetery, province of Buenos Aires.

  • 02/01/2014 | Argentina

    Lawmakers accuse Edenor and Edesur of sabotage in blackouts

    Buenos Aires city lawmakers Gustavo Vera, of UNEN, and Proyecto Sur’s Pablo Bergel have filed a criminal complaint against power companies Edenor and Edesur, accusing them of sabotage due to the disruption caused by two weeks of blackouts.

  • 02/01/2014 | Argentina

    Gov't unveils '272 goals' for 2014

    Cabinet Chief Jorge Capitanich assured in his Twitter account that the Federal Government has a list of “204 objectives and 272 goals” to be achieved over the next 12 months, including “the growth of power production” and “the construction of 100,000 homes”.

  • 03/01/2014 | Argentina

    US dollar climbs one cent to 6.56 pesos, 'blue' trades at 10.30

    The US currency closed today one cent higher today following yesterday’s two-cent-and-a-half climb. Rates were at 6.51 pesos for buyers and 6.56 for sellers in BA City banks and exchange offices. Meanwhile, the so called “blue” dollar jumped three cents to 10.30 pesos.

  • 03/01/2014 | Argentina

    2013 revenue hits $858.832 million, Echegaray slams Clarín

    After revealing that December’s revenue hit a new all-time record, the head of the AFIP tax bureau Ricardo Echegaray turned the press conference into a defense from Grupo Clarín allegations, and blamed its CEO Hector Magnetto of “orchestrating a persecution against me and my family.”

  • 04/01/2014 | Argentina

    Córdoba Gov't rejects pseudo currency

    Córdoba's Minister of Economy Ángel Elettore denied today the possibility of issuing a pseudo currency bond in his province during an interview to a local radio.

  • 04/01/2014 | Argentina

    Four years without 'Sandro'

    Four years after his death, famous singer Roberto Sánchez, popularly known as “Sandro” was honoured today by his wife Olga Garaventa and a group of fans in the Glorian Memorial cemetery, province of Buenos Aires.

  • 06/01/2014 | Argentina

    US dollar climbs four cents to 6.60 pesos, 'blue' closes with new record at 10.47 pesos

    The US dollar closed four cents to 6.55 pesos for buyers and 6.60 pesos for sellers at BA City banks and exchange offices. In 2013, the peso currency hit a 32-percent-devaluation. In the informal market, the "blue" dollar rose 17 cents higher  at 10.42 pesos (buying price) and 10.47 pesos (selling price).

  • 06/01/2014 | Argentina

    AMIA: Telledín to face trial again

    The Federal Chamber confirmed that Carlos Telleldín, the person believed to be responsible for delivering the van which hit the Jewish community building in 1994, will have to face the courts once again.

  • 06/01/2014 | Argentina

    Sergio Massa proposes wage negotiations to begin in January

    Renewal Front leader Sergio Massa presented a project designed to seal the wage negotiations for teachers in January instead of Mars, during a political meeting in La Plata, province of Buenos Aires.

  • 06/01/2014 | Argentina

    President Kirchner back in BA City

    After spending 17 days in the Southern province of Santa Cruz, President Cristina Fernández de Kirchner has returned to the City of Buenos Aires. CFK is expected to appear plublicly on Wednesday.

  • 07/01/2014 | Argentina

    'Blue' dollar hits new record high, closed at 10.90 pesos

    The so called “blue” dollar broke the May 8 last year barrier when it hit 10.45 pesos. Greenbacks in the informal market closed at 10.85 pesos for buyers and 10.90 pesos for sellers, fueled by tourist demand and some exchange speculative purchases. Meanwhile, the official dollar climed half a cent to 6.555 pesos (buying price) and 6.605 pesos (selling price) at Buenos Aires City banks and exchange offices.

  • 07/01/2014 | Argentina

    Heavy rain hit BA and surroundings

    Storms and heavy showers affected Buenos Aires City and the central provinces of the country today. Temperatures in the capital city are to range between 27 and 37 degrees.

  • 07/01/2014 | Argentina

    Wintershall signs deal with Neuquén to explore Vaca Muerta

    Neuquén province formalized today a new contract with Wintershall to explore Vaca Muerta’s shale gas and oil field.

  • 07/01/2014 | Argentina

    CFK holds meetings with her cabinet

    President Cristina Fernández de Kirchner resumed today to official activity in the Government House, after spending 18 days with her relatives in the southern province of Santa Cruz.

  • 08/01/2014 | Argentina

    UK poll: 63% believe Malvinas Islands ‘should be Argentinean’

    According to an online poll released in the British newspaper “The Daily Telegraph”, 63 percent of the voters affirmed that the Malvinas Islands should be under Argentina’s sovereignty.

  • 08/01/2014 | Argentina

    Gov’t will allow imports to sustain new price deal

    Cabinet Chief Jorge Capitanich revealed today that the Federal Government authorized the imports of products in order to sustain the new price deal and guarantee a steady provision to the public.

  • 08/01/2014 | Argentina

    US Dollar climbs to 6.61 pesos, 'blue' dollar drops to 10.75

    The US dollar climbed today one cent to 6.565 pesos for buyers and 6.615 pesos for sellers at BA City banks and exchange offices. The so called “blue” dollar traded at 10.70 pesos (buying price) and 10.75 pesos (selling price).

  • 08/01/2014 | Argentina

    Julián Domínguez proposes to move Argentina's capital

    The president of the Lower House, and Victory Front lawmaker Julián Domínguez affirmed that the country’s capital should be moved to the north.

  • 09/01/2014 | Argentina

    Government expands price deal and reaffirms food imports alternative

    Cabinet Chief Jorge Capitanich assured that the Federal Government will expand the price deal and open food imports if necessary, during a press conference from Government House.

  • 09/01/2014 | Argentina

    Capitanich denies Galuccio resignation

    Cabinet Chief Jorge Capitanich denied that Miguel Galuccio, YPF’s CEO would resign from his position in the national oil company, during a press conference at the Government House.

  • 09/01/2014 | Argentina

    US dollar climbs to 6.635 pesos, 'blue' rises to 10.80

    The US dollar climbed two and a half cents to 6.585 pesos for buyers and 6.635 pesos for sellers at BA City banks and exchange offices.

  • 09/01/2014 | Argentina

    Solanas: ‘The worst summer since 2001’

    Unen President Fernando ‘Pino’ Solanas considered that “this was the worst summer since December 2001," during an interview with Radio Rivadavia.

  • 10/01/2014 | Argentina

    US dollar climbs three cents to 6.665 pesos; 'blue' trades steady at 10.8 pesos

    After a steady open this morning, the US dollar closed three cents higher at 6.615 pesos for buyers and 6.665 pesos for sellers at Buenos Aires City and exchange offices. The so called "blue" dollar remained steady at  10.80 pesos (selling price).

  • 10/01/2014 | Argentina

    Malvinas sovereignty row: Ambassador Castro says British public opinion 'changing'

    A recent survey by “The Daily Telegraph” has said that 74 percent of the polled consider the disputed resource-rich archipelago belong to Argentina. “British public opinion is changing,” Argentine ambassador to London affirmed as she ratified the South American country’s commitment with “dialogue.”

  • 10/01/2014 | Argentina

    Pope Francis sister released from hospital

    María Elena Bergoglio was released from the Hospital Británico located in the city of Buenos Aires, where she was treated for an urinary infection. The pope's sister underwent a previous medical hospitalization in September after suffering a glucose peak.

  • 11/01/2014 | Argentina

    Victory Front lawmaker unveils possible candidates for 2015

    Edgardo Depetri , national lawmaker for the ruling Victory Front assured that “there are several presidential candidates,” to succeed President Cristina Fernández de Kirchner in October 2015.

  • 13/01/2014 | Argentina

    US dollar hikes to 6.70 pesos; 'blue' lower at 10.77 pesos

    The US currency started the week three and a half cents higher at Buenos Aires City banks and exchange offices at 6.65 pesos for buyers and 6.70 pesos for sellers. Greenbacks in the informal market closed seven cents lower at 10.77 pesos (selling price).

  • 13/01/2014 | Argentina

    Chief of Federal Penitentiary Service for 'personal reasons'

    Alejandro Marambio, in charge of the Federal Penitentiary Service (SPF) presented his resignation from office arguing “personal reasons”. He will be replaced by Emiliano Blanco,his Chief Advisor.

  • 13/01/2014 | Argentina

    Debate continues over Domínguez proposal

    Julían Domínguez proposal of moving Argentina’s capital to a northern province continues to generate controversy between members of the Lower House.

  • 14/01/2014 | Argentina

    US dollar jumps two cents to 6.71 pesos, 'blue' trades at 10.93 pesos

    After a steady open today, the US dollar closed one cent higher at Buenos Aires City banks and exchange offices at 6.665 pesos for buyers and 6.715 pesos for sellers. Meanwhile, the so called “blue” dollar jumped 9 cents to 10.93 pesos.

  • 14/01/2014 | Argentina

    Petty officer dies in explosion in Arctic military base

    The ministry of Defence informed that a non-commissioned officer who served in the Arctic base of Base Esperanza died, after what seems to be an accident as a result of the manipulation of "flammable residuals."

  • 14/01/2014 | Argentina

    Poet Juan Gelman dies at 83

  • 15/01/2014 | Argentina

    Construction costs rise 20,9% in 2013, Indec

    The construction cost raised 20,9 percent in 2013, the Indec national statistics bureau informed.

  • 16/01/2014 | Argentina

    'Blue' dollar continued climb, hit 11.55 pesos

    Purchase pressure on the so called “blue” dollar continues pushing greenbacks in the informal market, and closed 35 cents up at 11.50 pesos for buyers and 11.55 pesos for sellers. Yesterday, the blue hit a new record high amid high tourists’ demand.

  • 16/01/2014 | Argentina

    Policemen detained in Córdoba after leading December strike

    A local tribunal from Cordoba’s province ordered the detention of 16 policemen after the salary dispute that took place in December and was followed by lootings and riots in that region.

  • 16/01/2014 | Argentina

    Vidal confirms Pro party intention to dispute BA province in 2015

    BA City Deputy Mayor, María Eugenia Vidal assured that the Pro party will dispute a place in BA province to join Mauricio Macri’s effort for the 2015 presidential election.

  • 17/01/2014 | Argentina

    Reserves accumulation policy 'virtuous'

    The Cabinet Chief has defended the government’s debt policy with Argentina using the Central Bank’s international reserves to pay debt, considering the Kirchnerite administration has honoured payment commitments “it did not incur in” and “has not incurred in anymore usury-like debts” either.

  • 17/01/2014 | Argentina

    Rossi rejects Armed Forces participation in fight against drugs

    Defence Minister, Agustín Rossi assured that “using the armed forces in the battle against drug-trafficking would make the situation worst,” during a radio interview.

  • 18/01/2014 | Argentina

    Sanz: “Nobody wants to repeat the failure of the Civic and Social Agreement”

    During an interview with Télam news agency, Radical Party leader Ernesto Sanz affirmed that there is a “strong conviction”, regarding a new political and “progressive alternative” for 2015, and assured that they will know how to “handle the differences, because nobody wants to repeat the failure of the Civic and Social Agreement.”

  • 18/01/2014 | Argentina

    Heat wave continues, temp' reach 39°

    The heat wave continues to hit the city of Buenos Aires and surroundings reaching 39 degrees, as the National Meteorological Service maintains the orange alert released on Thursday.

  • 18/01/2014 | Argentina

    Piranha attack in Rosario leaves 10 people injured

    At least ten people were injured during the past 48 hours, in Rambla Caralunya, Santa Fe province followed another Piranha attack.

  • 19/01/2014 | Argentina

    Blue in the face

    By Martín Gambarotta
    Argentina, like probably any other country, is most of the time dominated by the economy. This nation has a difficult economic history. Two examples of recent history should suffice to show this: the hyperinflation crisis of 1989 and the financial meltdown of 2001, which prompted the biggest sovereign debt default in the history of mankind. Scary stuff? You bet.

  • 20/01/2014 | Argentina

    'Blue' dollar plummets 30 cents, official climbs to 6.84 pesos

    The US dollar has climbed more than three cents reaching 6.84 pesos (selling price) - while the parallel 'blue' currency fell a giant 30 cents from Friday evening.

  • 20/01/2014 | Argentina

    Barrionuevo: 'If they don’t have the balls to show up, better not come'

    Luis Barrionuevo, head of the “Azul y Blanca” Workers Central slammed the absences of political leaders and possible presidential candidates to an official meeting in Mar del Plata.

  • 20/01/2014 | Argentina

    Kicillof describes Paris Club meeting as: ‘Largely positive’

    Economy Minister Axcel Kicillof described the meeting with the Paris Club executives as “largely positive,” and anticipated the possibility of progress with negotiations.

  • 20/01/2014 | Argentina

    Energy bills rise by 27% in several provinces

    Power and water companies raised their bills by 27 percent since the beginning of this year, while thousands of users are still suffering from blackouts in their homes. The federal government is considering removing the subsidies within the metropolitan area, where rates are lower than the rest of the country.

  • 21/01/2014 | Argentina

    Early US dollar jump halted by Central Bank, rises five cents

    The US dollar experienced a sharp rise today at Buenos Aires City banks, jumping 13 cents at one point before falling back to 6.89 pesos for sellers. The 'blue' rebounded from yesterday's losses, adding 30 cents to its value.

  • 21/01/2014 | Argentina

    Capitanich slams tax critics: They are against income redistribution

    Chief of Cabinet Jorge Capitanich today spoke out against critics of the national government's tax policies, stating that such figures "are against income redistribution."

  • 21/01/2014 | Argentina

    Kicillof warns ‘Argentina will not accept conditions’

    Economy Minister Axel Kicillof returned from the meeting with the Paris Club executives, where he offered “the general guidelines” of Argentina’s proposal. He defined the encounter as “positive,” and reaffirmed that the country “won’t accept any conditions.”

  • 21/01/2014 | Argentina

    CFK to reappear in public

    President Cristina Fernández de Kirchner will reappear in public followed almost 40 days of absence in a ceremony to be held at the Government House, City of Buenos Aires.

  • 22/01/2014 | Argentina

    Paris Club says will study Argentina's debt offer

    The Paris Club said it would study an outline from Argentina for repaying the more than $9.5 billion it owes the group of creditor nations.

  • 22/01/2014 | Argentina

    San Juan Governor Gioja leaves hospital

    José Luis Gioja, San Juan Governor was released from the hospital where he was treated followed a helicopter accident he suffered in last October.

  • 23/01/2014 | Argentina

    Capitanich: ‘What happened wasn’t a devaluation induced by the Government’

    Cabinet Chief, Jorge Capitanich explained in his daily conference from the Government House that yesterday’s hike of 23 cents in the official peso “was not a devaluation induced by the Government. It was an expression of free market with offer and demand.”

  • 23/01/2014 | Argentina

    US dollar reaches 8.01 pesos, 'blue' climbs to 13.06

    The US dollar broke the 8 pesos barrier today reaching 7.99 pesos for buyers and 8.01 pesos for sellers, followed yesterday’s largest mark in 12 years. The unofficial 'blue' dollar also saw a sharp escalation, rising 91 cents to close at 13.06 pesos.

  • 23/01/2014 | Argentina

    BA Stock Market operators raided in 'blue' dollar investigations

    Inspectors from the Central Bank, accompanied by Federal Police officers, today raided offices in the Buenos Aires Stock Market, where 'caves' that traded in unofficial dollars were allegedly operating.

  • 24/01/2014 | Argentina

    Dollar rises to 8.015 pesos after restrictions ended

    The US dollar rose half cent today to 8.015 pesos (selling price), following the announcement from the national government that the purchase of the foreign currency for personal use would be once more permitted across Argentina.

  • 25/01/2014 | Argentina

    Moyano slams Gov’t economic policy

    Head of CGT Workers Central, Hugo Moyano has reacted to the economic measures released on Friday by the Federal Government, and assured that “nobody believes them anything”. In addition, he anticipated further meetings with opposition’s figures for next week.

  • 25/01/2014 | Argentina

    Elliot Management's Paul Singer: ‘We could settle this thing in an afternoon’

    During a video interview with the Wall Street Journal, Paul Singer, CEO of hedge fund Elliott Management Corporation, described Argentina’s public policy as “horrendous” and stated that he could settle the dispute “in an afternoon.”

  • 27/01/2014 | Argentina

    Blue dollar at 12.15 pesos after move to relax forex controls

    After the government’s unexpected move to relax currency controls and amid thin volume trade, the black market dollar today climbed to 12.15 pesos to start a week in which the foreign currency will have the leading role in the economic scenario.

  • 27/01/2014 | Argentina

    Redrado: 'This crisis will be solved boosting offer of currencies'

    Former Central Bank chief Martín Redrado today harshly rejected the relaxation of currency controls by the government saying that “to inflationary policies the government is now adding foreign exchange improvisation.”

  • 27/01/2014 | Argentina

    Italy's Letta says EU able to deal with Argentina crisis

    The European Union and the common euro currency are stronger than they were a year ago and much better positioned to resist any shocks stemming from a currency crisis in Argentina, Italian Prime Minister Enrico Letta said today.

  • 27/01/2014 | Argentina

    AMIA, DAIA condemn Argentina-Iran deal as 'step backwards'

    Jewish groups AMIA and DAIA have reiterated their opposition to an agreement between Iran and Argentina over the investigation into the 1994 AMIA bombing, marking one year since the accord was signed.

  • 28/01/2014 | Argentina

    US dollar rose two cents at 8.015 pesos

    The official dollar rate rose two cents to 8.015 pesos after last week's strong rises, while the reference rate for dollar purchases for savings was also higher at 9.62 pesos in its second day of trading.

  • 28/01/2014 | Argentina

    Moyano and Barrionuevo: ‘CGT factions are unified’

    CGT faction leaders Hugo Moyano and Luis Barrionuevo have affirmed that the two trade unions “have been unified,” during a press conference after a meeting they held with Buenos Aires City Mayor Mauricio Macri.

  • 28/01/2014 | Argentina

    Elliot CEO slams bondholders' 'Bizarre' judicial proposal

    Paul Singer, head of Elliot Management Corp., defined as “bizarre” the bondholders’ offer to resolve judicially the dispute with Argentina over the debt in default from 2001, in a letter sent to investors and published by Bloomberg News.

  • 29/01/2014 | Argentina

    Blue US dollar jumps, official drops half cent

    The US dollar soared 40 cents today in the black market to reach 12.90 pesos per dollar and continuing its upward trend, while the official rate fell half a cent to 8.01 pesos in banks and exchange offices in Buenos Aires.

  • 28/12/2013 | Argentina

    Massa presents his ‘National Board’

    Renewal Front leader Sergio Massa announced his “National Board”, along with Senator Carlos Reutemann and other former Peronist members, during a meeting in Tigre, province of Buenos Aires.

  • 30/12/2013 | Argentina

    US dollar at 6.525 pesos, up 32% in 2013

    After a steady open this morning, the US currency climbed a cent and a half reaching at 6.475 pesos for buyers and 6.525 pesos for sellers at Buenos Aires City banks and exchange offices.

  • 29/01/2014 | Argentina

    Kicillof announces deal to roll back consumer prices

    Economy Minister Axel Kicillof announced that the government has reached a deal with different companies to rollback the prices of products to levels recorded prior to January 21, when the peso suffered its strongest devaluation since 2002.

  • 30/01/2014 | Argentina

    CFK to undergo physiotherapy treatment on hip syndrome

    After undergoing medical checks at the Austral Hospital, President Kirchner was ordered a physiotherapy treatment due to a hip syndrome.

  • 30/01/2014 | Argentina

    US dollar rises to 8.025 pesos, 'Blue' falls heavily

    The US dollar today closed one cent and a half higher in banks and exchange offices to end with a selling price of 8.025 pesos.

  • 30/01/2014 | Argentina

    Government backs agriculture export tax

    Agriculture Minister Carlos Casamiquela confirmed that taxes on the exportation of agricultural products remained in effect, and stated that redistribution “is linked to a society that makes an effort for a fairer country with less inequality.”

  • 31/01/2014 | Argentina

    Capitanich pledges to debate with opposition in Congress

    In his daily press briefing from the Government House, Cabinet Chief Jorge Capitanich said he will attend both houses of Congress in March and April to “discuss with political leaders, particularly with the opposition.”

  • 31/01/2014 | Argentina

    Government blasts 'unscrupulous' leaders

    Cabinet Chief Jorge Capitanich has blasted again business leaders who according to him are “unscrupulous” for using workers to obtain subsidies. He was specifically referring to the long distance drivers union who threatened to paralyze long distance services from midnight during three days if their salary demands are not met.

  • 31/01/2014 | Argentina

    US dollar closes steady; rises in parallel market

    The US dollar closed steady today at 8.025 pesos per dollar to end a week with no major fluctuations.

  • 31/01/2014 | Argentina

    Alberto Samid vows to halt price hikes

    After taking office as the new Vice-President of Buenos Aires’ Central Market, the meat-packing business owner Alberto Samid has pledged to fight price hikes.

  • 31/01/2014 | Argentina

    Scioli calls for 'responsibility' to look after price stability

    Buenos Aires Governor Daniel Scioli today urged all the economic sectors to have “commitment and responsibility to look after the stability of prices.”

  • 31/01/2014 | Argentina

    Prudence not avarice, Liasion Board tells gov't

    “It is a market where all its inputs are tied to an unknown future dollar price, with an inflation rate surpassing 30 percent,” the Liasion Board said in a statement, trying to explain the decision of some farmers to stockpile their grain production.

  • 31/01/2014 | Argentina

    CFK meets Japan's Prince Akishino and wife

    President Cristina Fernández de Kirchner held a protocol meeting with Akishino, Prince of Japan and his wife Kiko, at the government house in Buenos Aires City. The head of state received the guests at the Evita Hall joined by Foreign Minister Héctor Timerman, Japan’s ambassador to Argentina, Masashi Mizukami and the Prince’s special counsellor, Toshihazu Itakura.

  • 02/02/2014 | Argentina

    DAIA chief reiterates Iran opposition after Timermán admits 'lack of progress'

    Julio Schlosser has affirmed his support for Foreign Minister Héctor Timerman, who confessed in an interview that negotiations between Argentina and Iran over the AMIA bombing had made little headway.

  • 03/02/2014 | Argentina

    'Shell's price hike is conspirational'

    Cabinet Chief Jorge Capitanich today questioned the hike on gasoline prices announced last weekend by Shell oil company considering the decision a “unilateral attitude”, and regretting that sometimes the Government is fighting economic groups alone.

  • 03/02/2014 | Argentina

    US dollar closes unchanged at 8.025 pesos

    The official dollar rate closed without alterations on the first business day of the week. It was trading at 8.025 pesos per dollar in banks and exchange offices in Buenos Aires City, after remaining roughly unchanged last week when the government relaxed foreign exchange controls.

  • 03/02/2014 | Argentina

    Buenos Aires' teachers: beginning of school year depends on Scioli's administration

    Buenos Aires teachers today warned that the beginning of the school year will depend on how provincial authorities respond to their salary demands.

  • 03/02/2014 | Argentina

    Gov't announces 'price accord' for Procrear construction program

    The national government today announced that the price of materials destined for use in the Procrear home-building programme would be controlled by a new agreement with suppliers, in a move designed to protect beneficiaries of the scheme.

  • 04/02/2014 | Argentina

    Major companies investigated for alleged fraudulent maneuveurs

    The government today announced it has started “a thourough investigation on major foreign trade companies" which have allegedly registered accounting irregularities for 6.8 billion dollars.

  • 04/02/2014 | Argentina

    US dollar ends lower at 8.015 pesos

  • 04/02/2014 | Argentina

    BA teachers reject 20% wage hike offer

    The head of SUTEBA Buenos Aires province teachers’ union Roberto Baradel, came on stage again today to reject a 20 percent wage hike offered by the Daniel Scioli administration and considered a one-year deal cannot be reached under Argentina's economic context.

  • 04/02/2014 | Argentina

    Scioli urges to defend the government's 'conquests'

    New members of the Buenos Aires province cabinet were sworn in today by governor Daniel Scioli who made a call to “defend stability, the achievements and conquests” of the national government.

  • 04/02/2014 | Argentina

    CFK to businesses: Stop lying to Argentine people

    President Cristina Fernández de Kirchner today launched a stinging attack on businesses that raised prices in the wake of January's devaluation, calling on empresarios to "Stop lying to the Argentine people".

  • 05/02/2014 | Argentina

    Capitanich urges business, union leaders to have a 'reasonable behaviour'

    Cabinet Chief Jorge Capitanich urged business and union leaders today to have a “reasonable behaviour” in order to halt the ongoing price hikes on a variety of goods.

  • 05/02/2014 | Argentina

    US dollar plunges 10 cents to 7.915 pesos

    The official dollar rate opened unchanged today but later dropped 10 cents, closing at 7.915 pesos in banks and exchange offices in Buenos Aires City, after remaining roughly unchanged last week when the government relaxed foreign exchange controls.

  • 05/02/2014 | Argentina

    Gov't declares two-day national mourning after deadly fire

    The government today declared two days of national mourning after a fire and collapse in Barracas neighbourhood left at least nine firefighters and Civil Defense force members killed.

  • 05/02/2014 | Argentina

    Paris Club says 'open' to debt talks with Argentina

    The Paris Club is open to talks with Argentina on repaying its debt, the group of creditor nations said today, moving closer towards launching formal negotiations with Buenos Aires.

  • 05/02/2014 | Argentina

    Gov’t authorizes 6% limit for petrol rises

    Economy Minister Axel Kicillof has announced an agreement with petroleum companies to raise fuel prices no higher than 6 percent, in a press conference held this afternoon.

  • 06/02/2014 | Argentina

    Capitanich praises 'exchange rate stability'

    In his daily press conference at the Government House, Cabinet Chief Jorge Capitanich referred to prices of goods, the impact of gasoline price hikes and wage negotiations, among other issues.

  • 06/02/2014 | Argentina

    Hundreds mourn firefighters who died in Barracas tragic blaze

    Hundreds of people mourned nine firefighters who died when fighting a gigantic fire that detroyed a warehouse in Barracas neighbourhood.

  • 06/02/2014 | Argentina

    US dollar drops two cents, closes at 7.89 pesos

    The US dollar dropped today two cents and closed at 7.89 pesos at banks and exchange offices after it plunged 10 cents yesterday to end at 7.91 pesos.

  • 06/02/2014 | Argentina

    CFK meets with Kicillof, Capitanich at Olivos

    President Cristina Fernández de Krichner today held two different meetings at Olivos residence with Cabinet Chief Jorge Capitanich, Economy Minister Axel Kicillof and the Presidency’s Secretary-General Oscar Parrilli.

  • 06/02/2014 | Argentina

    Vice president Boudou to be investigated over Ciccone charges

    Federal Prosecutor Jorge Di Lello has decided to investigate Vice President Amado Boudou and Ricardo Echegaray, head of the AFIP tax bureau, as part of the investigation regarding the selling of “Ciccone Calcográfica” money printing company.

  • 07/02/2014 | Argentina

    Capitanich to US senators: 'Argentina enjoys full democracy’

    Cabinet Chief Jorge Capitanich today reacted to US senators' remarks who harshly criticized Argentina during a hearing in the US Congress.

  • 07/02/2014 | Argentina

    Blue-chip swap, 'blue' dollar drop; official rate ends four cents lower

    The US dollar today was sharply lower at 7.85 pesos in banks and exchange offices, four cents lower than yesterday's close.

  • 07/02/2014 | Argentina

    Boudou shows up in court: 'I'm at the judge's complete disposal'

    Vice President Amado Boudou spontaneously showed up today in court in order to submit two writs he finished outlining this morning with his lawyers, sources close to the top official said.

  • 09/02/2014 | Argentina

    Dollar hits a wall

    By Martín Gambarotta
    Some people, bless them, are big players in life. Others are big players on Twitter. And then there are those happy few who are big players both in life and on Twitter. They have, say, over 10,000 followers on Twitter. Some own media groups. Some are journalists. What have you.

  • 09/02/2014 | Argentina

    Beyond Marco Rubio and the WSJ

    By Sebastián Lacunza
    In recent weeks the Argentine government has faced a barrage of criticism from both politicians and press in the United States.

  • 10/02/2014 | Argentina

    Capitanich urges not to 'dishonour' Pope Francis' name for media operations

    Cabinet Chief Jorge Capitanich today rejected media rumours which during the weekend affirmed Pope Francis had called a meeting with the Argentine government, union and business leaders in March.

  • 10/02/2014 | Argentina

    Business, union leaders also deny Pope call for a meeting

    Business and union leaders today came on stage to dismiss media rumours which indicated that Pope Francis had called a meeting with them in order to reach agreements and “guarantee the social peace.”

  • 10/02/2014 | Argentina

    US dollar lower at 7.82 pesos; 'blue' falls 50 cents

    The US dollar finished trading three cents lower compared to Friday closing price after the steep drop of the last week. In the black market, the US currency closed 50 cents lower at 11.65 pesos.

  • 10/02/2014 | Argentina

    CFK defends Precios Cuidados price-watch program

    President Cristina Fernández de Kirchner used Facebook social network to defend the Precios Cuidados price-watch program saying “no one could agree with Argentineans being looted.’

  • 10/02/2014 | Argentina

    UK minister: Malvinas' islanders 'are British because they have chosen to be so'

    Hugo Swire, minister of state at the British Foreign Office, began a four-day visit today to the islands and said: "The people of the Falkland (Malvinas) Islands are British because they have chosen to be so."

  • 10/02/2014 | Argentina

    Provincial gov'ts agree 25% limit on pay rises

    The Economic Ministers and representatives of 15 provinces have agreed to set a target of 20-25 percent for upcoming pay negotiations with public sector employees, after meeting in the City of Buenos Aires to discuss a strategy for salary rises.

  • 11/02/2014 | Argentina

    Heavy rainfall hits Buenos Aires

    The National Weather Service issued an alert for severe storms in BA province and City, as well as for some areas of Córdoba and Santa Fe provinces.

  • 11/02/2014 | Argentina

    Moyano meets Binner, reveals possible support

    Broad Progressive Front leader Hermes Binner today held a meeting with union heavyweight Hugo Moyano, who suggested supporting Santa Fe’s former Governor for the 2015 presidential elections.

  • 11/02/2014 | Argentina

    Ezequiel Lavezzi’s uncle murdered in shooting

    The uncle of football star player Ezequiel Lavezzi was found dead in Villa Gobernador Gálvez, part of Greater Rosario, Santa Fe province, in a case that authorities are treating as a homicide.

  • 01/02/2014 | Argentina

    Pope Francis former office in BA robbed

    At least three people, who pretended to be worshipers, broke into the personal office of Archbishop Mario Poli last Monday and stole 100.000 pesos. It was the same workplace used earlier by Jorge Bergolgio, now Pope Francis.

  • 02/02/2014 | Argentina

    The theory and practice of the red circle

    By Mempo Giardinelli
    One might think that this country’s woes could be explained by some “P v. E” (politics versus economics) power equation — an ancient and repeated confrontation which shakes up Argentine life every now and then.

  • 02/02/2014 | Argentina

    Kirchnerites in the hot seat

    By James Neilson
    Some insects like to keep their victims alive while they steadily devour them. So too do some politicians. The last thing these creatures want is for Cristina, who now says problems give her a headache, to take a backseat and let others run the country.

  • 12/02/2014 | Argentina

    Government announces new rail service administration regime

    The administration of Mitre, San Martín, Roca and Belgrano Sur rail companies will be handed over to Metrovías and Ferrovías companies, according to a resolution published on the official gazette.

  • 12/02/2014 | Argentina

    'Supreme Court ruling violates separation of powers'

    Cabinet Chief Jorge Capitanich today expressed "concern” about the Supreme Court’s ruling which yesterday ordered the government to restore advertising to Clarín Group’s Channel 13.

  • 12/02/2014 | Argentina

    US dollar steady at 7.82 pesos; 'blue' up 45 cents

    The US dollar closed unchanged today at 7.82 pesos after the sharp drops of the last week as grain exporters liquidated 419.38 million dollars, 74.7 per cent more than in the same period of last year.

  • 12/02/2014 | Argentina

    Córdoba Court drops charges on former President Menem

    By reversing an earlier ruling, Cordoba’s Appeals Court has dismissed charges faced by former President Carlos Saul Menem, who was accused of alleged involvement in the Río Tercero’s military factory explosion in 1995 which claimed the lives of seven.

  • 12/02/2014 | Argentina

    CFK slams speculators: ‘They wanted to send Argentina flying, but could not’

    President Cristina Fernández de Kirchner slammed the “speculative sectors” who “want to see us flying through the air”, and urged local politicians to help in the implementation of the Precios Cuidados program.

  • 13/02/2014 | Argentina

    US dollar ends down at 7.80 pesos; 'blue' lower

    The US currency ended two cents lower at Buenos Aires City banks and exchange offices at 7.80 pesos. The Central Bank yesterday purchased US$130 million, a move that however has no impacts on Argentina’s international reserves which have shown a US$19-million upward.

  • 13/02/2014 | Argentina

    Scioli: 'There were attempts to seed uncertainty'

    The governor of the Buenos Aires province Daniel Scioli today affirmed it is “important” to give foreign investors “predictability and confidence” and stated Argentina offers a future of opportunities, because it is making progress on several pending issues.

  • 13/02/2014 | Argentina

    Government condemns 'destabilising efforts' in Venezuela after deaths

    The Argentine government has condemned what it terms "clear efforts of destablisation" in Venezuela, following yesterday's clashes which left three dead and 23 injured on the streets of Caracas.

  • 13/02/2014 | Argentina

    CFK undergoes medical checks at Favaloro

    President Cristina Fernández de Kirchner attended the Favaloro Foundation Hospital for a medical check-up, which included a brain scan, before travelling to Santa Cruz province tomorrow morning.

  • 14/02/2014 | Argentina

    IMF's Werner: "Systemic inflationary processes affect economic growth"

    By Liliana Franco, from Washington DC

    The Director of the Western Hemisphere in the IMF, Alejandro Werner, in an exclusive interview given to ambito.com and Ambito Financiero in his Washington office, said that "the publication of the new index was an action stipulated in the Executive Board of Directors' decision," and clarified that the issue would be "examined" in the coming months.

  • 14/02/2014 | Argentina

    US dollar drops at 7.79 pesos, 'blue' at 11.85

    The US dollar dropped one cent and closed today at 7.79 pesos at banks and exchange offices after the Central Bank yesterday bought 40 million dollars in the market raising its international reserves 24 million dollars to 27.798 billion at the end of the day.

  • 14/02/2014 | Argentina

    Gov’t fines supermarkets up to 1.6 M pesos

    In a press conference held at the Ministry of Economy, Domestic Trade secretary, Augusto Costa revealed the fines on local supermarkets which refused to apply the Precios Cuidados price-control program.

  • 15/02/2014 | Argentina

    Macri rejects alliance with Radicals and Socialists

    Buenos Aires City Mayor, Mauricio Macri visited Córdoba this afternoon, and rejected a political alliance with Socialist and Radicals, in the National Wheat Party celebrated in that province.

  • 16/02/2014 | Argentina

    ‘Vulture’ funds dispute: Argentina to appeal before US Supreme Court

    Argentinean Government will appeal tomorrow for the second time against the 'vulture' funds claim. The Supreme Court is the last judiciary step in the dispute.

  • 17/02/2014 | Argentina

    Gov't says January's fiscal result 'positive'

    Cabinet Chief Jorge Capitanich today said January’s "primary and financial fiscal result is positive” and it will be unveiled this week. "The opposition is trying to diminish the country’s fiscal behaviour,” he stressed.

  • 17/02/2014 | Argentina

    US dollar down one cent; 'blue' drops

    The US dollar closed down one cent today at banks and exchange offices, trading at 7.78 pesos (selling price). The Central Bank bought last Friday 70 million dollars boosting international reserves.

  • 18/02/2014 | Argentina

    Capitanich ratifies Argentina 'is not a drug-producing country'

    Amid government friction over recent statements by Defence Minister Agustín Rossi –“Argentina is a drug-producing country”, he had said-, Cabinet Chief Jorge Capitanich came to the fore to affirm the South American country "is not producing" illegal substances.

  • 18/02/2014 | Argentina

    US dollar drops to 7.77 pesos, 'blue' steady

    The US dollar dropped half a cent today to close at 7.77 pesos at banks and exchange offices while the informal market price was unchanged at 11.78 pesos after dropping yesterday amid thin trading volume.

  • 18/02/2014 | Argentina

    Gov't requests Supreme Court review in 'Vulture Fund' case

    The Argentine government has formally filed a petition seeking the US Supreme Court review of a court order requiring it to pay $1.33 billion to bondholders who refused to take part in two previous debt restructurings.

  • 18/02/2014 | Argentina

    Governor Gioja promises federal aid for San Juan

    San Juan Governor Luis Gioja held a press conference with Cabinet Chief Jorge Capitanich and Anses chief, Diego Bossio, where he announced a series of measures to help and relieve the effects of heavy flooding in the province.

  • 19/02/2014 | Argentina

    US dollar climbs to 7.79 pesos, 'blue' jumps to 11.80 pesos

    The US dollar today ended one cent and a half higher at 7.79 pesos at main banks and exchange offices. Meanwhile, the so called “blue” dollar jumped two cents to 11.80 pesos due to almost no trading operations in the informal market.

  • 19/02/2014 | Argentina

    Indec says unemployment down to 6.4%

    Unemployment numbers saw a decrease at the end of 2013, closing the year with 6.4 percent of the population out of work according to data released by the National Institute of Statistics and Census.

  • 19/02/2014 | Argentina

    Timerman visits Saudi Arabia in official meeting

    Foreign Minister, Héctor Timerman today visited Saudi Arabia to mark the first ever official meeting between the two countries.

  • 24/02/2014 | Argentina

    Ambassador to UK condemns 'ferocious media attack' in Venezuela

    Argentine ambassador to the UK Alicia Castro has revealed her support for Venezuelan president Nicolás Maduro as protests in the nation continued, while criticising what she saw as a "ferocious media attack" carried out by opponents of the head of state.

  • 25/02/2014 | Argentina

    US dollar rises to 7.88 pesos, 'blue' lower at 11.65 pesos

    The US currency ended half a cent higher today at BA City banks and exchange offices at 7.88 pesos. In the informal market, the so called “blue” dollar closed five cents down, reaching 11.60 pesos (buying price) and 11.65 pesos (selling price).

     

  • 25/02/2014 | Argentina

    Repsol board approves $5 billion YPF settlement

    Spanish oil major Repsol said its board of directors had approved a definitive $5 billion settlement from Argentina over assets seized in 2012, drawing a line under a two-year battle for compensation. Repsol will receive a package of three dollar-denominated Argentine sovereign bonds with a nominal value of $5 billion as well as additional bonds - for a maximum face value of up to $1 billion - to compensate for the market discount on the first group of bonds.

  • 25/02/2014 | Argentina

    'Agreement is extremely positive,' Brufau says

    "I think to finally reach a friendly agreement on this contentious issue that has taken two years is extremely positive," Repsol Chairman Antonio Brufau said in a video message that accompanied a statement on the terms of the deal.

  • 26/02/2014 | Argentina

    Capitanich highlights FAO, WB 'favourable comments' on Argentina

    The head of ministers has praised some “positive and favourable comments” by the United Nations Food and Agriculture Organization (FAO) and the World Bank regarding Argentina’s social and economic agenda, regretting that "certain" media “downplay” such news.

  • 26/02/2014 | Argentina

    Repsol chairman: YPF deal 'satisfactory'

    Spain's Repsol is considering the sale of its remaining 12 percent stake in Argentine energy group YPF, its chairman said today, following a settlement with Argentina over the 2012 seizure of its majority stake.

  • 26/02/2014 | Argentina

    US dollar climbs to 7.89 pesos, 'blue' falls

    The US dollar closed one cent higher at 7.89 pesos. Meanwhile, the so called "blue" dollar plunged 10 cents in the informal market to finish at 11.55 pesos.

  • 26/02/2014 | Argentina

    'Argentina will end up paying much more' for Repsol compensation

    For economist and PRO party congressman Federico Sturzenegger, the Argentine government will end up paying much more than what it agreed with Spanish Repsol to settle a compensation for YPF expropriation.

  • 26/02/2014 | Argentina

    VP Boudou rejects accusations in Ciccone probe

    Vicepresident Amado Boudou today came on stage to reject new accusations by a member of the Ciccone family who yesterday appeared before Federal Judge Ariel Lijo.

  • 26/02/2014 | Argentina

    US calls Gov't, Repsol agreement 'a positive step'

    The US government expressed its approval for the compensation agreement signed between Argentina and Repsol over the expropriation of YPF shares, defining it as “a positive step,” a State Department spokesperson said.

  • 27/02/2014 | Argentina

    Informal dollar drops 10 cents to 11.45 pesos

    The US dollar which trades in the informal market dropped 10 cents today to 11.45 pesos while the official rate closed steady at banks and exchange offices of Buenos Aires City at 7.89 pesos.

  • 27/02/2014 | Argentina

    'Torture by provincial police’ concerns US State Department

    The annual US State Department Report on Human rights has drawn attention to cases of “torture by provincial police, harsh prison conditions and gender violence”, as cause for concern in Argentina.

  • 27/02/2014 | Argentina

    Repsol signs agreement for YPF expropriation

    In Buenos Aires City, the Federal Government led by President Cristina Fernández de Kirchner officialised the compensation agreement with Spanish Oil Company Repsol, and signed a 5 billion dollar deal for 51 percent of YPF shares.

  • 28/02/2014 | Argentina

    'Blue' dollar plunges 20 cents to 11.25 pesos; official rate rises

    The US dollar today rose half a cent at banks and exchange offices of Buenos Aires City, and ended at 7.895 pesos while the so called "blue" dollar plunged 20 cents to close at 11.25 pesos.

  • 28/02/2014 | Argentina

    Zamora appointed new provisional president of the Senate

    The Senate today approved the appointment of former Santiago del Estero Governor Gerardo Zamora as the new provisional president of the Upper House, with 57 votes against 12. He will replace Tucumán Senator Beatriz Rojkés de Alperovich.

  • 02/03/2014 | Argentina

    Scioli calls for a 'constructive dialogue' with Massa

    Buenos Aires Governor, Daniel Scioli stated he seeks a “constructive dialogue” with opposition national lawmaker and Renewal Front leader Sergio Massa.

  • 02/03/2014 | Argentina

    Renewal Front promotes referendum on Penal Code reform

    Opposition MP Graciela Camaño has rejected the Kirchnerism-sponsored Penal Code Reform and revealed a referendum project to oppose the bill.

  • 03/03/2014 | Argentina

    Scioli denies withdrawal of Gendarmerie

    Buenos Aires Governor Daniel Scioli assured that “gendarmerie personnel” will continue its fight against crime in Argentina’s most populated province, and confirmed a meeting with Cabinet Chief, Jorge Capitnaich on Wednesday morning.

  • 03/03/2014 | Argentina

    Opposition seeks to repeal deal with Iran

    Radical caucus leader in Congress Mario Negri has assured that his party wants to unify opposition members in order to revoke Argentina’s agreement with Iran over the investigation of the 1994 Amia attack.

  • 05/03/2014 | Argentina

    US dollar climbs to 7.89 pesos, 'blue' drops to 10.55 pesos

    The US currency today climbed half a cent to 7.89 pesos at Buenos Aires City banks and exchange offices while informal market greenbacks dropped 65 cents to 10.55 pesos.

  • 05/03/2014 | Argentina

    Argentina hits back at drug report: 'US is the world's largest consumer'

    The federal government has responded to a report by the US State Department that denounces drug-trafficking in Argentina as a “growing problem.” Washington has no authority to "grade" other countries, Foreign Minister Héctor Timerman affirmed.

  • 05/03/2014 | Argentina

    US Supreme Court rules against Argentina in arbitration fight

    The US Supreme Court today ruled for British company BG Group Plc in its effort to reinstate a $185.3 million arbitration award against Argentina that a US appeals court threw out.

  • 20/02/2014 | Argentina

    US dollar climbs to 7.825 pesos, 'blue' at 11.83

    The US currency today ended three cents higher at 7.825 pesos at main banks and exchange offices while the so called "blue" dollar jumped three cents to 11.83 pesos following weeks of almost no operations in the informal market.

  • 20/02/2014 | Argentina

    New members chosen to join Magistrates' Council

    The Council of Magistrates, state-mechanism which determines the assignment and removal of judges, has elected it’s new members this afternoon, including Judge Alejandro Sánchez Freytes and Ricardo Recondo.

  • 21/02/2014 | Argentina

    Repsol, Argentina reach $5 billion settlement deal

    Spain's Repsol said today it would book a 1.28 billion euro ($1.76 billion) impairment charge in 2013 results after writing down YPF shares that were expropriated by the Argentine government.

  • 21/02/2014 | Argentina

    US dollar climbs to 7.865 pesos, 'blue' drops to 11.80

    The US currency today climbed four cents to 7.865 pesos at main banks and exchange offices. In the informal market, the so called “blue” dollar dropped  three cents and closed at 11.80 pesos.

  • 21/02/2014 | Argentina

    Wage talks: no agreement between Government and teachers

    In a press conference from the Education Ministry, Cabinet Chief Jorge Capitanich informed that no agreement has been reached between the two parts, although he anticipated that a second meeting with the teachers will take place on Monday.

  • 21/02/2014 | Argentina

    Balance of trade surplus shrinks 88% to 35m

    January's trade balance unveiled a small surplus of 35 million dollars, which represents a fall of 88 percent compared to the same period in 2013.

  • 22/02/2014 | Argentina

    BA Justicialist Party Congress calls for an 'inclusive Peronism'

    The Buenos Aires Justicialist Party Congress, celebrated this afternoon in Santa Teresita, counted with the presence of high profile politicians from the ruling Victory Front. President Cristina Fernández de Kirchner administration received an overwhelming support, and called for “a wide, united and inclusive Peronism.”

  • 23/02/2014 | Argentina

    Time is running out

    By James Neilson
    Ronald Reagan, Maggie Thatcher and Karol Wojtyla may have helped push the Soviet Union towards what one of its founders called history’s rubbish dump, but even if all three had been fervent communists it would sooner or later have ended up where it finally did because, as its rulers belatedly realised, it was programmed to self-destruct.

  • 23/02/2014 | Argentina

    State of the nation and bleeding Venezuela

    By Mempo Giardinelli
    While both teacher unions and government officials put their heads down to discuss pay increases while nobody knows if classes will start on time next month, various other questions have been heating up Argentina’s already torrid summer.

  • 23/02/2014 | Argentina

    Trying to land softly

    By Martín Gambarotta
    There’s nothing like upheaval in other parts of the world to put things into perspective here at home. Look at those blood-curdling photographs dispatched from Ukraine and Venezuela and suddenly the situation in Argentina feels under control. That could change. But the same goes for almost every region in the world. It’s quiet one day. Then the turmoil can hit.

  • 23/02/2014 | Argentina

    Argentine ambassador backs Venezuela's Maduro to stay in power

    The Argentine ambassador in Caracas, Carlos Cheppi, has declared his confidence that Nicolás Maduro would not be forced out of office early as president of Venezuela, describing rumours of that eventuality as "crazy" in an interview held today.

  • 05/03/2014 | Argentina

    February tax revenue rises 33.3% to 81.1 billion pesos

    Argentina's tax revenue reached 81.1 billion pesos, 33.3 percent higher than the same period in 2013, according to data released today by AFIP tax agency.

  • 05/03/2014 | Argentina

    US Gov’t backs Argentina in ‘Vulture Funds’ dispute

    The Obama administration filed an ‘Amicus Curiae’ measure before US Supreme Court, supporting Argentina’s position in the dispute with the so called ‘Vulture Funds’.

  • 06/03/2014 | Argentina

    'Blue' dollar rebounds, closes at 11 pesos

    Following yesterday’s sharp fall, the so called “blue” dollar recovered today 45 cents, climbing to 11 pesos for sellers and 10.95 pesos for buyers. Savers seem to have aimed for the informal market, since greenbacks traded cheaper than in banks and exchange offices.

  • 07/03/2014 | Argentina

    'Blue' dollar drops 5 cents to 10.95 pesos

    In the last day of the weekly trading session, the US dollar showed a downward trend as it dropped one cent to close at 7.825 pesos for buyers and 7.875 for sellers in Buenos Aires City Banks and foreign exchange offices. The so called “blue” dollar slipped 5 cents to close at 10.95 pesos.

  • 09/03/2014 | Argentina

    Kicillof says exchange market is ‘fairly stabilized’

    Economy Minister Axel Kicillof considered the exchange market “is fairly stabilized,” thanks to the new strategy adopted by the Central Bank, and questioned opposition members and economists for “trying to seed fear,” about an "economical disaster.”

  • 10/03/2014 | Argentina

    Gov't says consignment of 9 million flu vaccines arrived in the country

    Cabinet Chief Jorge Capitanich today informed the Health Ministry headed by Juan Manzur this morning received a consignment of 9 million flu vaccines to be distributed across the country and applied for free on high risk groups.

  • 10/03/2014 | Argentina

    US dollar ends at 7.875 pesos, 'blue' falls

    The US dollar today closed unchanged at banks and exchange offices of the City at 7.875 pesos after rising one cent earlier.

  • 10/03/2014 | Argentina

    YPF chief forecasts 3% production growth for 2014

    Argentine oil company YPF expects to raise its oil production by 3 percent in 2014 compared to 2013, its president Miguel Galuccio said today.

  • 11/03/2014 | Argentina

    US dollar steady at 7.875 pesos, 'blue' falls

    The US dollar today closed unchanged at banks and exchange offices of the City, selling at 7.875 pesos. Greenbacks in the informal market dropped 10 cents to trade at 10.85 pesos.

  • 09/02/2014 | Argentina

    Pope denies calling meeting between gov't, business & union leaders

    Pope Francis today dismissed reports that he had called for a meeting between representatives of Cristina Fernández de Kirchner's government and members of the Argentine Industrial Union (UIA) and CGT union, with the supposed aim of discussing economic issues.

  • 24/02/2014 | Argentina

    Capitanich: Wage talks with teachers to be concluded 'between today and tomorrow'

    Negotiations to set the initial salaries of teachers will be concluded “between today and tomorrow,” Cabinet Chief Jorge Capitanich said today, again hinting about the possibility the government might decide on the matter by decree.

  • 11/03/2014 | Argentina

    Buenos Aires teachers reject 30.9% raise, strike to continue

    Another failure resulted today in the meeting between teacher representatives and Buenos Aires province officials. Meanwhile, thousands of students stayed home as school’s doors remained shut for the fifth consecutive day.

  • 12/03/2014 | Argentina

    US dollar jumps to 7.885 pesos, "blue" steady at 10.85 pesos

    The US dollar climbed one cent to 7.885 pesos amid Central Bank tightening controls. Meanwhile, the so called “blue” dollar closed at 10.85 pesos due to a lower demand for greenbacks in the informal market.

  • 24/02/2014 | Argentina

    US dollar higher at 7.875 pesos; 'blue' dips

    The US dollar ended one cent higher at banks and exchange offices in Buenos Aires city. After last Friday it reached the highest price since January devaluation, the US currency today closed at 7.875 pesos.

  • 13/03/2014 | Argentina

    US dollar up at 7.895 pesos, 'blue' climbs to 11

    The US dollar closed one cent higher at 7.895 pesos for sellers at Buenos Aires City banks and foreign exchange offices. Meanwhile, the so called “blue” dollar rose 15 cents, trading at 11 pesos following last week’s sharp fall in the informal market.

  • 14/03/2014 | Argentina

    Macri, Massa would be 'flexible' with London's interests in Malvinas

    "Acknowledgement from the parties make discoveries non-essential," Cabinet Chief Jorge Capitanich said when commenting on the statements by British minister Hugo Swire, who considered opposition’s Massa and Macri would have a “more realistic and mature” vision than the Kirchnerite administration to settle the Malvinas Islands row.

  • 14/03/2014 | Argentina

    US dollar jumps to 7.90 pesos

    The US dollar climbed half a cent at Buenos Aires City banks and exchange offices at 7.85 pesos for buyers and 7.90 pesos for sellers. Meanwhile, as result of a lower demand for greenbacks in the informal market, the so called “blue” dollar closed steady at 11 pesos.

  • 17/03/2014 | Argentina

    Government confirms debt talks with Paris Club to begin May 26

    "Argentina has received a formal invitation for the beginning of talks and that invitation has a date which is May 26,” Capitanich told reporters this morning.

  • 17/03/2014 | Argentina

    Capitanich says prices soothed in February and March

    In his daily press conference at the Government House, Cabinet Chief Jorge Capitanich said “price levels have stabilized” during February’s last two weeks and so far March, which is generating a “predictable setting for salary negotiations to be compatible with reasonableness.”

  • 17/03/2014 | Argentina

    US dollar higher at 7.935 pesos, 'blue' descends

    The US dollar closed three cents higher today compared to its Friday closing price and was tradied at 7.935 pesos (selling price), while the parallel currency fell five cents to sell at 10.90 pesos.

  • 17/03/2014 | Argentina

    The gifts CFK, Pope Francis exchanged

    Before sitting for lunch at Santa Marta residence in the Vatican, and as tradition dictates, Pope Francis and Argentine President Cristina Fernández de Kirchner exchanged official gifts.

  • 17/03/2014 | Argentina

    BA province teachers to continue strike, say they are 'held hostage' by gov't

    Amid raising tensions due to a teachers strike which has left millions of students out of schools across Buenos Aires province, the secretary of SUTEBA union María Laura Torre, came on stage today to say the strike won’t end until there is a salary proposal which satisfies the sector which she considered is being held “hostage” in this conflict.

  • 17/03/2014 | Argentina

    Due to fall in reserves, Moody's lowers Argentina debt rating

    International credit rating agency Moody's has reduced the rating of Argentina's sovereign debt, moving the grade down one step from B3 to Caa1 due to the fall in the nation's international reserves and its "inconsistent" economic policy.

  • 18/03/2014 | Argentina

    Capitanich says Feb. inflation rate must not be read as a future trend

    Cabinet Chief Jorge Capitanich today reiterated consumer prices have stabilized in the last weeks, and urged analysts and economists to “have respect for the quality of figures elaborated by the government.”

  • 18/03/2014 | Argentina

    US dollar three cents higher at 7.965 pesos

    The US dollar today rose three cents at banks and exchange offices to close at 7.945 pesos (selling price), continuing its climb after ending three cents higher yesterday.

  • 18/03/2014 | Argentina

    BA province teachers reject wage hike order: 'We will not stop fighting'

    The head of the FEB teachers' union Mirta Petrocini came on stage today to reject the Buenos Aires government’s decision of paying March wages with a 30.9 percent hike. “It would be another broken promise of the government which said it would favour the dialogue,” she told reporters and pledged: "We will not stop fighting."

  • 19/03/2014 | Argentina

    Argentina secures France support in Paris Club negotiations

    In Paris, where she met with her French counterpart Francois Hollande, President Kirchner praised the decision by the European nation to file and amicus curiae brief before of the US Supreme Court, in a show of support to Argentina in its long-standing dispute against "vulture funds." CFK also secured the support of the French government to settle a 9 billion dollars dispute with the Paris Club.

  • 19/03/2014 | Argentina

    US dollar closes steady at 7.965 pesos, 'blue' falls to 10.92 pesos

    The US dollar closed steady at Buenos Aires City banks and foreign exchange offices at 7.915 pesos for buyers and 7.965 pesos for sellers, while the so called “blue” dollar ended one cent lower at 10.82 pesos (buying price) and 10.92 pesos (selling price).

  • 19/03/2014 | Argentina

    Moody's lowers ratings for Argentine provinces

    International credit rating organisation Moody's has lowered the grade of the debt held by the majority of Argentine provinces and municipalities, also changing the projection for lending from stable to negative.

  • 20/03/2014 | Argentina

    US dollar closes higher at 7.975 pesos, 'blue' rises

    The US dollar has closed one cent higher in Buenos Aires City banks and foreign exchange offices to 7.925 pesos for buyers and 7.975 pesos for sellers. In the informal market, greenbacks were trading three cents up at 10.93 pesos.

  • 20/03/2014 | Argentina

    February trade surplus falls 92% as energy imports continue to rise

    According to a report compiled by national statistics agency INDEC, February's trade surplus totaled 44 million dollars, a drop of 92 percent in comparison to the same period in 2013.

  • 21/03/2014 | Argentina

    Capitanich assures private employment ‘stable’

    Cabinet Chief Jorge Capitanich today stressed that private employment in Argentina is “stable” when revealing fresh data about employment in Argentina, released by the Labour Ministry.

  • 21/03/2014 | Argentina

    US dollar ends one cent higher at 7.985 pesos

    The US dollar today rose one cent to 7.985 pesos (selling price) at banks and exchange offices while the so called "blue" dollar dropped five cents to 10.90 pesos in the informal market.

  • 21/03/2014 | Argentina

    Gov't calls teachers' national unions to resume wage talks next week

    Amid ongoing failure to reach a salary agreement with teachers, the national government summoned all five national unions to resume negotiations next Thursday.

  • 21/03/2014 | Argentina

    Brazil, Mexico, France to back Argentina in US Supreme Court

    Brazil, France and Mexico are expected to file papers in the US Supreme Court on Monday backing Argentina in its battle with bondholders that refused to take part in debt restructurings from the country's 2002 default.

  • 30/03/2014 | Argentina

    Austerity by stealth

    By James Neilson
    Argentine populists have always made out that their country is the innocent victim of wicked foreigners, mostly Britons and North Americans, who have grown accustomed to appropriating large chunks of its wealth.

  • 30/03/2014 | Argentina

    Footing the bill

    By Martín Gambarotta
    For better or for worse the Kirchnerite years will take some undoing. But oh wait, some of the stuff is already being undone by the Kirchnerite administration in charge. Have you not noticed?

  • 30/03/2014 | Argentina

    Goldman Sachs to extend Argentina billion-dollar credit

    The Argentine government has reportedly reached an agreement to receive a credit for 1bn dollars from US banking giant Goldman Sachs, in order to reinforce the international currency reserves held in the nation's Central Bank.

  • 31/03/2014 | Argentina

    BA province authorities assure missed school days 'will be recovered'

    The General Director of Culture and Education of the Buenos Aires province Nora De Lucía came on stage today as teachers’ unions ended a 17-day-strike and amid nationwide wage talks which are expected to resume this afternoon.

  • 31/03/2014 | Argentina

    ‘No foreign currency debt issuance has been planned in the short term’

    Cabinet Chief Jorge Capitanich today reiterated a government’s communiqué released yesterday saying "any foreign currency debt issuance has been planned in the short term," denying a newspaper’s report which indicated the country was closing in on a deal to receive around US$1 billion in loans from Goldman Sachs investment bank.

  • 31/03/2014 | Argentina

    US dollar drops to 8.01 pesos, 'blue' down

    The US dollar today closed slightly down at 8.01 pesos in banks and exchange offices in the City. The so called "blue" dollar fell to 10.80 pesos.

  • 31/03/2014 | Argentina

    Gov't extends tax amnesty deadline

    The government has decided to extend the whitewash tax amnesty deadline for a third time, as the measure, first introduced in May 2013, reaches its final day today.

  • 01/04/2014 | Argentina

    US dollar steady at 8.01 pesos, 'blue' unchanged

    The US dollar closed unchanged today in Buenos Aires City banks and foreign exchange offices at 8.01 pesos. The so called ‘blue’ dollar also remained unmoved at 10.80.

  • 01/04/2014 | Argentina

    Menem charged over La Rural sale

    The BA City Federal Court has revoked an earlier ruling and ordered the prosecution of former president Carlos Menem, as part of the investigation around the under-valuaed sale of the Argentine Rural Society terrain in 1991.

  • 03/04/2014 | Argentina

    US dollar trades steady at 8.01 pesos, 'blue' falls

    The US currency has closed unchanged in Buenos Aires City banks and foreign exchange offices, the price remaining at 7.96 pesos for buyers and 8.01 pesos for sellers. Meanwhile, the so called “blue” dollar dropped five cent, trading at 10.75 pesos.

  • 03/04/2014 | Argentina

    Malvinas residents mock CFK 'nuclear base' assertion via Twitter

    With an ironic tone, the habitants of Malvinas published in Twitter their response to President Cristina Fernández de Kirchner speech from yesterday, where she expressed the Islands are currently used as a Nato military base in the Atlantic South.

  • 04/04/2014 | Argentina

    US dollar traded steady, 'blue' lower at 10.70 pesos

    The US currency closed unchanged at 7.96 pesos for buyers and 8.01 pesos for sellers in Buenos Aires City banks and foreign exchange offices. The so called “blue” dollar, meanwhile, dropped five cents to 10.70 pesos in the informal market.

  • 04/04/2014 | Argentina

    February’s fiscal deficit hits new record at 7,7 bn

    According to a report published earlier by the Ministry of Economy, fiscal deficit for February reached a new record at 7.7 billion pesos.

  • 05/04/2014 | Argentina

    One dead after lightning strikes in Zárate

    A 50 year-old man has died today in Zárate after being caught by lightning while he was herding cattle together with a friend, police said.

  • 07/04/2014 | Argentina

    Gov’t plans to cut subsidies on transport companies which join Thursday's strike

    Cabinet Chief Jorge Capitanich today announced public transport companies will see their subsidies reduced if they join a nationwide strike called by the opposition trade union umbrella headed by teamster Hugo Moyano.

  • 07/04/2014 | Argentina

    US dollar steady at 8.01 pesos; 'blue' lower

    The US dollar closed unchanged today at 8.01 pesos in banks and foreign exchange offices, while the unofficial 'blue' currency continued its downward trend selling 10 cents lower at 10.60 pesos.

  • 07/04/2014 | Argentina

    CGT's Moyano foresees strike will have high observance

    The head of the CGT opposition trade union umbrella, Hugo Moyano, today predicted Thursday’s nationwide strike will have a “60 or 70 percent observance” and tried to justify it saying “people are angry because they feel abused.”

  • 08/04/2014 | Argentina

    Capitanich: 'Subsidies will be maintained as long as there is saving'

    He highlighted the agreements reached between the national government and several provinces, particularly Chaco, “to maintain utility tariffs and finance structural works which guarantee the access to energy” across the country.

  • 08/04/2014 | Argentina

    Gov't highlights 'direct actions' to aid storm-hit provinces

    Cabinet Chief Jorge Capitanich today praised the “immediate intervention” the national government has had in Neuquén province, one of the mostly affected areas by powerful storms which left floods and thousands of evacuated.

  • 08/04/2014 | Argentina

    'Blue' dollar plunges 26 cents to 10.34 pesos

    The so called “blue” dollar which trades in the informal market continued its downward trend today and plunged 26 cents to 10.34 pesos. Meanwhile, the US dollar was unchanged and closed at 8.01 pesos in banks and foreign exchange offices.

  • 08/04/2014 | Argentina

    IMF report on Argentina's GDP triggers doubts on coupon payment

    The International Monetary Fund (IMF) reported a steep deceleration of Argentina’s economic activity for 2014, in a context of “high uncertainty”, according to its latest World Economic Outlook released today in Washington. However, what’s raising eyebrows and controversy is the IMF’s 2013 estimation of a 4.3 percent growth according to what they assure it's “official data.”

  • 08/04/2014 | Argentina

    Moyano on Thursday strike: 'We won't carry out a civil war'

    CGT Secretary-General, teamster Hugo Moyano, came on stage today to talk about the nationwide strike called for next Thursday by opposition unions and affirmed “we will go on working and insisting with our demands on Friday, we won’t carry out a civil war.”

  • 08/04/2014 | Argentina

    Lower House plenary session debates YPF-Repsol deal

    Economy Minister Axel Kicillof, the Legal and Technical Secretary Carlos Carlos Zannini, and the head of YPF Miguel Galuccio were attending today a plenary session held by the Energy and Budget committees at the Lower House to provide details about the agreement signed between the Argentine government and Spanish Repsol on YPF's expropriation.

  • 09/04/2014 | Argentina

    'IMF recommendations led to Argentina's worst crisis'

    The “ideological bias” of IMF analysts has never changed with the recommendations by the international credit organism prompting the "worst" social and productive crisis in the history of the Republic of Argentina, the cabinet chief has said responding to an IMF report that questions the South American country’s economic prospects for 2014.

  • 09/04/2014 | Argentina

    US dollar steady at 8.01 pesos; 'blue' lower

    The US dollar today remained unchanged at 8.01 pesos in banks and foreign exchange offices in the City. Meanwhile, the so called "blue" dollar which trades in the informal market kept dropping and closed  four cents lower at 10.30 pesos.

  • 10/04/2014 | Argentina

    US dollar ends steady at 8.01 pesos

    The US dollar today ended steady in banks and foreign exchange offices of the City at 8.01 pesos amid an active behaviour of the Central Bank which yesterday bought 200 million dollars.

  • 10/04/2014 | Argentina

    Chevron, YPF boost spending to develop Argentine shale

    Chevron Corp and state-controlled YPF SA plan to spend an additional $1.6 billion to develop the Vaca Muerta shale formation further, boosting plans for new wells and announcing fresh exploration projects.

  • 10/04/2014 | Argentina

    World Bank requests 'macroeconomic adjustment' for Argentina

    World Bank chief economist for South America, Agusto de La Torre, considered today Argentina must implement a “macroeconomic adjustment” in order to face future obstacles in its local economy.

  • 10/04/2014 | Argentina

    Bondholders denounce 'lack of transparency' by Argentine gov't

    The American Task Force Argentina, an organization which unites several bond holders from Argentina debt in default, questioned today the “lack of transparency” within President Kirchner administration, during a video conference with reporters.

  • 26/03/2014 | Argentina

    CFK praises public, private partnerships in Aeroparque launch

    President Cristina Fernández de Kirchner backed state-owned airline Aerolineas Argentinas as she unveiled new works at Jorge Newbery airport, while hitting out against business sectors which, in her words "want to take away all they can."

  • 26/03/2014 | Argentina

    US Supreme Court confirms Brazil, Mexico, France support in vulture fund case

    The US Supreme Court has confirmed that Brazil, Mexico and France have officially presented their opinions on an appeal currently being studied in the judicial authorities, which relates to the litigation held against Argentina by the so-called 'Vulture Funds'.

  • 27/03/2014 | Argentina

    US dollar ends at 8.01 pesos, 'blue' drops to 10.85 pesos

    The US dollar ended unchanged today at 8.01 pesos in banks and exchange offices of the City. In the informal market, greenbacks yielded five cents as the 'blue dollar' fell to 10.85 pesos.

  • 27/03/2014 | Argentina

    INDEC reveals 2013 growth at 3%, GDP bond will not be paid

    The National Institute of Statistics and Census (INDEC) has revealed that the Argentine Gross Domestic Product grew by 3 percent across the last calendar year, dropping short of the figure necessary to service bonds linked to the nation's economic activity.

  • 27/03/2014 | Argentina

    CFK urges businesses to not raise prices after keeping subsidies

    President Cristina Fernández de Kichner has lent her support to new subsidy policies announced today, and asked industrialists to refrain from rising prices during a national broadcast address.

  • 28/03/2014 | Argentina

    US dollar rises to 8.015 pesos

    The US dollar traded half a cent higher at 8.015 pesos in Buenos Aires City banks and foreign exchange offices, closing the week with no major shocks in the market.

  • 28/03/2014 | Argentina

    Repsol shareholders seal Argentina deal

    Shareholders of Spain's Repsol approved the oil major's $5 billion settlement with Argentina over the 2012 seizure of YPF at an annual meeting today.

  • 11/04/2014 | Argentina

    US dollar steady at 8.01 pesos; 'blue' higher

    The US dollar today closed steady in banks and foreign exchange offices of the City at 8.01 pesos amid an active participation of the Central Bank which seeks to boost its international reserves.

  • 11/04/2014 | Argentina

    Argentina condemns UK military drills in the Malvinas Islands

    Foreign Minister Héctor Timerman condemned new military exercises the UK is set to undertake in the disputed territory of the Malvinas Islands. "It's a new act of colonial aggression," the Minister stressed, adding Argentina will file a complaint with the UN Secretary-General Ban Ki-moon and the Special Committee on Decolonization.

  • 12/04/2014 | Argentina

    The last laugh?

    by Marcelo J. García
    April opens the political year on broadcast TV and the government, which has at times mirrored the tactics of its sworn media enemies, also wants to be in good shape.

  • 12/04/2014 | Argentina

    Río Negro vice governor dies from Cancer

    Vice Governor of Río Negro province, Carlos Gustavo Peralta died in his home this afternoon, after two years of struggle against tonsil cancer, relatives informed.

  • 14/04/2014 | Argentina

    Kicillof to brief the press on US trip, IMF meeting outcome

    Cabinet Chief Jorge Capitanic, announced today that Economy Minister Axel Kicillof will be briefing the press with the results from his trip to the US, where he attended the IMF Finance Ministers and Central Bank Governors meeting.

  • 14/04/2014 | Argentina

    Kicillof: 'We have no agreements with the IMF'

    Briefing the press on the results from his trip to the US, Economy Minister Axel Kicillof today tried to play down his recent attendance to G20/ IMF annual meetings held in Washington, saying the country is a regular attendant, and added: “We have no agreements with the IMF because it’s not and Argentine creditor.”

  • 14/04/2014 | Argentina

    Capitanich: 'Significant progress' made towards Mercosur-EU trade deal

    Cabinet Chief Jorge Capitanich today described Argentina’s relation with the International Monetary Fund (IMF) as “normal” and praised the role the country has got in international organizations, affirming “it’s always defending the domestic trade interests.”

  • 14/04/2014 | Argentina

    Gov't urges provinces to reform local police forces

    Security Secretary Sergio Berni has “welcomed” the measures to fight crime announced last week by BA Governor Daniel Scioli, although he warned the problem will not be solved “with these decisions only.”

  • 14/04/2014 | Argentina

    Economy Minister confirms international support for Argentina in vulture funds case

    By Liliana Franco
    Economy Minister Axel Kicillof returned from Washington satisfied. In the past three days he was able to confirm the genuine concern of numerous countries and even the International Monetary Fund (IMF) regarding an adverse ruling in the vulture funds case against Argentina.

  • 14/04/2014 | Argentina

    CFK signs bill fighting unregistered employment

    President Cristina Kirchner has confirmed that she has signed a project which will fight against so-called 'in black' employment, where individuals work outside of the Argentine tax and benefit system and often with few rights and protections.

  • 15/04/2014 | Argentina

    US dollar unchanged at 8.01 pesos, 'blue' jumps 12 cents to 10.40 pesos

    The US dollar closed steady in Buenos Aires City main foreign exchange offices and banks at 8.01 pesos for sellers, while the parallel 'blue' currency experienced a sharp spike of 12 cents to trade at 10.40 pesos.

  • 16/04/2014 | Argentina

    US dollar steady at 8.01 pesos, 'blue' at 10.40

    A day ahead of the beginning of the Easter holidays, the US dollar was trading steady in Buenos Aires City main foreign exchange offices and banks at 7.96 pesos for buyers and 8.01 pesos for sellers.

  • 16/04/2014 | Argentina

    Chinese-owned supermarkets to join the Price Watch programme within ten days

    Within ten days, Chinese-owned supermarkets will join the Price Watch programme, including 122 goods.

  • 16/04/2014 | Argentina

    Girl rescued in City after 9 year captivity

    City authorities have rescued a teenage girl who was held captive for nine years in a garage next to a dog and a monkey by her legal guardians, worshippers of “San la Muerte”, or the saint of death.

  • 17/04/2014 | Argentina

    Easter holidays expected to lure 2 million to tourist destinations

    The Easter holidays started today with intense traffic in Argentine routes. Over 2 million people are expected to travel across the country during the long weekend.

  • 21/04/2014 | Argentina

    US dollar trades unchanged at 8.01 pesos

    After the Easter holiday, the US dollar today closed unchanged to end trading with a selling price of 8.01 pesos in banks and exchange offices in the City.

  • 21/04/2014 | Argentina

    Argentina, Paraguay agree to seek solution over Yacyretá debt

    The Argentine and Paraguayan governments have agreed to tighten bilateral relations in a bid to find a solution for the liabilities held by the Binational Yacyretá Entity, the organisation charged with running the dam of the same name.

  • 21/04/2014 | Argentina

    US Supreme Court: Argentina's non-US assets should be off-limits to creditors

    US Supreme Court justices today indicated that creditors should be able to seek limited information about Argentina's non-US assets in a case stemming from long-running litigation over Argentina's obligations to bond investors.

  • 22/04/2014 | Argentina

    US dollar trades steady at 8.01 pesos

  • 23/04/2014 | Argentina

    Next president to inherit a 'consolidated' Argentina, De Vido

    “A consolidated Argentina” is the column written by Julio De Vido and published by a local newspaper in which the official affirms the South American country has recovered both its “economic independence” and “political sovereignty” since late president Néstor Kirchner took office more than a decade ago.

  • 23/04/2014 | Argentina

    US dollar steady at 8.01 pesos, 'blue' rises

    The US dollar has ended trading unchanged compared to yesterday's closing price, selling at 8.01 pesos in banks and exchange offices in the City.

  • 23/04/2014 | Argentina

    Molina denies Argentina is drug exporting nation

    Head of the anti-drug agency Sedronar Juan Carlos Molina has denied that Argentina is a country involved in the production and exportation of narcotics, while recognising that kitchens and workshops fabricating low-grade products do exist.

  • 23/04/2014 | Argentina

    INDEC postpones release of poverty figures

    The National Statistics and Census Institute (INDEC) has postponed the release of figures from the so-called House Poll, which includes strategic information regarding poverty and indigence rates, officials from that entity confirmed this afternoon.

  • 23/04/2014 | Argentina

    CFK meets China Foreign Minister Wang Yi

    President Cristina Fernández de Kirchner met China’s Foreign Minister Wang Yi and signed several trade agreements, including aerospace infrastructure at the Government House, Buenos Aires City.

  • 24/04/2014 | Argentina

    'Blue' dollar soars 20 cents to 10.70 pesos

    Following a five-cent surge in early trade today, greenbacks in the informal market climbed 20 cents to 10.70 pesos. The official rate, however, closed unaltered at 7.96 pesos for buyers and 8.01 pesos for sellers.

  • 24/04/2014 | Argentina

    IMF report: Further adjustments needed in Argentina

    Further policy adjustments are also needed to restore macroeconomic stability in Argentina, especially in the context of less favorable prospects for global commodity prices, the IMF said today in its Regional Economic Outlook for the Western Hemisphere.

  • 24/04/2014 | Argentina

    Macri rules out agreement with Broad Front-UNEN

    BA City Mayor Mauricio Macri rejected rumours suggesting a political alliance with the Broad Front UNEN, and called for its leaders to seek an agreement for “after the (presidential) elections,” in 2015.

  • 25/04/2014 | Argentina

    US dollar steady at 8.01 pesos, 'blue' higher at 10.75 pesos

    By the end of the financial week, the US dollar traded at 7.96 pesos for buyers and 8.01 pesos for sellers. Meanwhile, the so called “blue” dollar climbed five cents to close at 10.75 pesos. Yesterday, greenbacks in the informal market jumped 20 cents.

  • 27/04/2014 | Argentina

    A closer look at crime in BA province

    By Federico Poore

    Thefts on the rise, but homicide figures can still be compared to those of 2009, says official report.

  • 27/04/2014 | Argentina

    Taking on the blob

    By James Neilson

    Peronists ready to evolve to take on rivals

    In other less sophisticated countries, leftists and rightists, socialists and conservatives, those who want the state to run most things and free-market enthusiasts, have been fighting it out for generations. In Argentina, their counterparts have been reduced to skulking on the sidelines.

  • 27/04/2014 | Argentina

    Poverty and the misery of rhetoric

    By Mempo Giardinelli

    Destitution is suddenly the main concern for politicians and journalists who have never noticed it before

  • 27/04/2014 | Argentina

    ‘Penal Code can’t only be discussed by parties’

    By Federico Poore

    After weeks of stalemate, the discussion over the Penal Code reform has started to move forward as the Kirchnerite administration decided to take the discussion to the universities. María Elena Barbagelata, member of the drafting commission, talks to the Herald.

  • 27/04/2014 | Argentina

    Non-Peronist theatre

    By Martín Gambarotta

    A new coalition prompts new presidential dreams. Welcome to the theatre of non-Peronist dreams. You have been here before.

  • 28/04/2014 | Argentina

    Under-the-table employment stays flat

    By Fabiana Frayssinet

    Precarious jobs still a problem, especially for the young, official figures reveal.

  • 28/04/2014 | Argentina

    K leaders put one eye on post-2015 scenario

    A number of high-profile Kirchnerite leaders met yesterday in La Matanza to discuss how to consolidate their strength in face of the next year’s elections, in a conclave that marked the public reappearance of Vice-President Amado Boudou.

  • 28/04/2014 | Argentina

    Kicillof, Giorgi to talk auto deficit with Brazil

    Economy Minister Axel Kicillof and Industry Minister Débora Giorgi will jet off to Brasilia tomorrow in a bid to swing the automobile trade balance in Argentina’s favour.

  • 28/04/2014 | Argentina

    Capitanich highlights provinces' debt reduction, auto negotiations with Brazil

    Cabinet Chief Jorge Capitanich today highlighted the “drastic” reduction of the debt the provinces hold with the national administration as the government is expected to sign today a debt restructuring adjustment deal with 17 provinces.

  • 28/04/2014 | Argentina

    Junín: 17-year-old beaten to death by classmates

    Naira Cofreces was 17 years old. She attended a night high school in the locality of Junín, in the province of Buenos Aires. Last Wednesday she was beaten by three classmates, and was admitted to the local Piñeyro hospital where she finally died.

  • 28/04/2014 | Argentina

    US dollar trades steady at 8.01 pesos

    The US dollar closed unchanged today at 7.96 pesos for buyers and 8.01 pesos for sellers in Buenos Aires City banks and foreign exchange offices.

  • 28/04/2014 | Argentina

    Feletti: ‘Even anti-gov't economists deny recession’

    Victory Front lawmaker and former Economy Vice Minister Roberto Feletti today affirmed that Argentina’s economic situation “is far from recessionary” predicting a 2.5 percent growth for 2014.

  • 29/04/2014 | Argentina

    US dollar steady at 8.01 pesos; 'blue' lower at 10.60 pesos

    The US dollar closed unchanged at 8.01 pesos in BA City banks and main foreign exchange offices. Following last week's 35-cent rise, the so called "blue" dollar traded 10 cents lower at 10.60 pesos.

  • 29/04/2014 | Argentina

    Rattazzi: Situation in car industry, 'not so serious’

    Fiat Argentina’s president Cristiano Rattazi denied the automobile industry was facing a "serious situation" but highlighted the need to “seek new markets” to reverse car manufacturing downward trends.

  • 29/04/2014 | Argentina

    Actress Norma Pons dies at 71

    Actress Norma Pons passed at 71 today around 1 p.m. She was found dead in her apartment in Palermo.

  • 29/04/2014 | Argentina

    CEPAL reduces Argentina growth expectation to 1%

    The United Nations Economic Commission for Latin America and the Caribbean (CEPAL) has sharply reduced its estimates for economic growth in Argentina for 2014, cutting forecasts from 4.5 to 1 percent for the nation.

  • 29/04/2014 | Argentina

    Vulture Funds prefer debt negotiation with Scioli, Massa, Macri

    Elliot Management Hedge Fund warned today that President Cristina Fernández de Kirchner's administration refuses to negotiate a solution over debt in default, stating that they would prefer to seek a solution with the head of state's successor in 2015.

  • 30/04/2014 | Argentina

    'Blue' dollar lower, official rate trades steady

    In the last trading session of the month heading for the long weekend holiday, the US dollar closed steady at 8.01 pesos. Greenbacks in the informal market were five cents lower at 10.55 pesos.

  • 30/04/2014 | Argentina

    Daniel Scioli against return of mandatory military service

    Buenos Aires province Governor Daniel Scioli has rejected the proposal to re-establish mandatory military service, supported by his Security Minister Alejandro Granados. “The civic service that we need to provide the youth with is that of education, sports, culture and microcredits,” the governor said.

  • 30/04/2014 | Argentina

    CFK asks workers to 'support the industrial development model'

    In the wake of Labour Day, President Cristina Fernández de Kirchner asked Argentinean workers “to behave in a way that helps to sustain the industrial development model”.

  • 30/04/2014 | Argentina

    Senate passes unregistered work bill

    The Upper House today gave unanimous approval to the Promotion of Registered Work and Prevention of Labour Fraud bill, which proposes a series of sanctions and reductions for employer contributions to fight against unregistered employment figures.

  • 30/04/2014 | Argentina

    US sees progress in talks between Argentina and IMF, ICSID

    Roberta Jacobson, head of the Latin America division at the State Department, argued the US “has been encouraging” Argentina to resolve the disputes with the ICSID, while admitting that “progress has been made.”

  • 01/05/2014 | Argentina

    Price rises in gas, trains, flights and cigarettes

    May begins with bad news for consumers: tariff increases for trains and domestic flights tickets and rises on cigarettes and gas prices, ranging from 4% to 100% in the case of train tariffs.

  • 01/05/2014 | Argentina

    Labour Day Holiday to lure 800,000 to tourist destinations

    The long weekend started today, on Labour Day, with intense traffic in Argentine routes. The Ministry of Tourism expects 800,000 tourists to travel across the country in the 4-day holiday.

  • 02/05/2014 | Argentina

    Nine killed in multiple car accident in San Pedro

    Nine people died today, following a multiple car accident at San Pedro locality, Buenos Aires province.

  • 03/05/2014 | Argentina

    UNEN Broad Front referents reject alliance with Pro party

    UNEN Broad Front representatives signed today a public document where they proclaimed the rejection of a future political alliance with the Pro party, before the upcoming presidential elections of 2015.

  • 04/05/2014 | Argentina

    Down with poverty’s deadliest foe

    By James Neilson

    At fairly regular intervals, benevolent middle-class Argentines discover that many of their compatriots are poor, very poor. The startling news always shocks them. They then, like Galeano in his previous incarnation, proceed to put the blame for this unhappy state of affairs on whoever or whatever they dislike most.

  • 05/05/2014 | Argentina

    Government pledges to closely monitor abusive interest rates

    Asked about excessive interest rates in personal credit lines in the financial market, the cabinet chief pointed out –like he had done last week- that the government is analyzing policies to regulate the sector.

  • 05/05/2014 | Argentina

    US dollar steady at 8.01 pesos; 'blue' lower

    The US dollar closed steady today at 8.01 pesos on the first Business day and after the Labour Day long weekend. The official exchange rate has remained unchanged since March 31.

  • 05/05/2014 | Argentina

    Quilmes mayor strikes deal with Moyano over garbage collection dispute

    Quilmes mayor Francisco “Barba” Gutiérrez confirmed an agreement has been reached with trade union heavyweight and CGT Azopardo leader Hugo Moyano in the dispute over the termination of the municipality contract with waste management company Covelia.

  • 05/05/2014 | Argentina

    Car sales plunge 25% in April

    Car sales plunged 35 percent in April accumulating a 18 percent drop so far 2014, the Argentine Association of Car Dealers (ACARA) reported today.

  • 05/05/2014 | Argentina

    INDEC: Salary Index up 2.9%

    The National Statistics and Census Institute (INDEC) has revealed that the so-called Salary Index which tracks earnings was up 2.91 percent in March, compared to the same month in 2013.

  • 06/05/2014 | Argentina

    Argentina's polio immunization coverage 'satisfactory'

    Following an alert issued by the World Health Organization on Monday over the international spread of wild poliovirus, the Buenos Aires province Health Assistance Director Luis Crovetto brought calm to society here saying Argentina had "satisfactory immunization coverage” against the disease.

  • 06/05/2014 | Argentina

    US dollar steady at 8.01 pesos

    The US dollar closed unchanged today in BA City banks and main foreign exchange offices at 8.01 pesos. Meanwhile, the so called “blue” dollar rose five cents, selling at 10.55 pesos.

  • 06/05/2014 | Argentina

    Macri about CFK: 'In her rhetoric, inflation is not a serious issue'

    BA City Mayor Mauricio Macri revealed details of his recent phone conversations with President Cristina Fernández de Kirchner and said she belittled the importance of cost of living increases. “In her rhetoric, inflation is not a serious issue,” PRO party leader said.

  • 07/05/2014 | Argentina

    Gov't: 'Massa’s mayors re-election project not a substantive issue'

    Asked about opposition leader Sergio Massa’s project to limit the number of terms mayors can be in office, Cabinet Chief Jorge Capitanich said it is “part of a public debate but not a substantive issue.” BA province Governor Daniel Scioli, meanwhile, considered the plan was not among people's priorities.

  • 07/05/2014 | Argentina

    US dollar remains steady at 8.01 pesos; 'blue' rises sharply

    The US dollar closed steady today at 8.01 pesos in banks and exchange offices in the city, remaining unchanged, while the parallel so-called "blue" dollar  was 15 cents higher today at 10.70 pesos.

  • 07/05/2014 | Argentina

    Parodi swears in as new Culture Minister

    President Cristina Fernández de Kirchner has sworn singer Teresa Parodi in as the new Minister of Culture, in a ceremony held this afternoon at the Government House, Buenos Aires City.

  • 08/05/2014 | Argentina

    US dollar climbs one cent, 'blue' at 10.73 pesos

    The US dollar closed one cent higher in Buenos Aires banks and main foreign exchange offices at 8.02 pesos. Meanwhile, greenbacks in the informal market climbed three cents to 10.73 pesos.

  • 13/05/2014 | Argentina

    Federal Court ratifies YPF-Chevron deal investigation

    Federal Court second chamber ratified a previous ruling, and ordered the advance of the investigation of the agreement signed between state own oil company YPF and Chevron Corporation.

  • 14/05/2014 | Argentina

    Gov’t says Chevron deal investigation aims to ‘affect the country’s strategic interests”

    Asked about Federal Court order to investigate into the agreement signed between state-owned oil company YPF and Chevron Corporation, Cabinet Chief Jorge Capitanich considered the reactivation of the case “strange” and said there are foreign and local agents “trying to break the government’s credibility.”

  • 14/05/2014 | Argentina

    US dollar rises to 8.05 pesos

    The US dollar closed one and a half cents higher today in banks and exchange offices, selling at 8.50 pesos. The so called "blue" dollar, meanwhile, was five cents lower at 10.75 pesos in the informal market.

  • 14/05/2014 | Argentina

    Union protests prompt traffic chaos in the City

    A march called by dissident CGT unions headed by Hugo Moyano and Luis Barrionuevo was playing havoc with traffic today in the City.

  • 14/05/2014 | Argentina

    CFK announces 40% child benefit rise

    President Cristina Fernández de Kirchner announced this afternoon a 40 percent increase to child benefit, during a national broadcast delivered at Government House.

  • 14/05/2014 | Argentina

    Scientists unearth unique dinosaur in Argentina

    Scientists in Argentina today announced the discovery of the fossilized remains of a unique member of the famous long-necked, plant-munching dinosaurs known as sauropods, the largest land creatures in Earth's history.

  • 15/05/2014 | Argentina

    The darkest stag night

    By Michael Soltys

    The neologism “stagflation” is not an Argentine invention (apparently it was coined almost half a century ago by Britain’s Conservative Party to convey their perception of what Harold Wilson’s Labour government was then inflicting on the British economy) but perhaps few countries are more naturally prone to falling into its vicious circles.

  • 15/05/2014 | Argentina

    Gov’t praises US IMF nominee remarks on Vulture Funds case

    Cabinet Chief Jorge Capitanich praised remarks made by the nominee to represent the US on the International Monetary Fund's executive board, Mark Sobel, who said that a US Court ruling favorable to Vulture Funds might “alter the order and predictability” of debt restructuring processes.

  • 15/05/2014 | Argentina

    US dollar ends higher at 8.07 pesos; 'blue' climbs to 10.90 pesos

    The US dollar ended higher today at 8.07 pesos in banks and exchange offices in the City after the Central Bank intervened in the exchange market to halt its rise.

  • 15/05/2014 | Argentina

    Church document on violence is not meant "against the gov't", spokesman says

    Episcopate spokesman Jorge Oesterheld stressed that the Episcopal document released last week about “violence” in Argentina is not meant “against the government”.

  • 15/05/2014 | Argentina

    Kicillof on family allowances: ‘We need to distribute to grow’

    In a joint press conference with ANSES executive director Diego Bossio, Economy Minister Axel Kicillof discussed the Presidential announcement on a 40% increase in child welfare benefits and pointed out the importance “to distribute in order to grow".

  • 15/05/2014 | Argentina

    Federal Court declares Argentina-Iran memo unconstitutional

    Judges in the First Court of the Federal Chamber upheld today the injunction filed by local Jewish community organizations, and ruled that the memorandum of understanding signed between Argentina and Iran on January 2013 went against the Argentine constitution.

  • 15/05/2014 | Argentina

    CFK receives church authorities in Olivos

    President Cristina Fernández de Kirchner held today a meeting with key clerical representatives in Olivos, following terse exchanges between the two sides as a result of an Episcopal document which affirmed the nation was "sick with violence".

  • 16/05/2014 | Argentina

    Gov't confirms will appeal court ruling on Iran deal

    Cabinet Chief Jorge Capitanich today ratified the government will appeal a court ruling which declared the Memorandum signed between the Argentine and Iranian governments on the AMIA attack probe unconstitutional.

  • 16/05/2014 | Argentina

    US dollar ends steady at 8.07 pesos; 'blue' higher at 11.05

    The US dollar ended steady today at 8.07 pesos in banks and exchange offices of the City, after raising five cents this week.

  • 16/05/2014 | Argentina

    Kicillof, Giorgi meet with automotive executives

    Industry Minister Débora Giorgi and Economy Minister Axel Kicillof held a meeting today with representatives of the automotive sector to analyze the situation of the sector such as the drop in exports, mainly to the Brazilian market.

  • 09/05/2014 | Argentina

    US dollar ends steady at 8.02 pesos, 'blue' lower at 10.70

    The US dollar remained unchanged at 8.02 pesos in BA City banks and foreign exchange offices. Greenbacks in the informal market closed at 10.70 after Wednesday's 15-cent surge.

  • 09/05/2014 | Argentina

    Power companies report millionaire losses in first trimester

    Key power companies Edenor and Edesur responsible for the distribution of energy in Buenos Aires province, presented their balances for the first trimester of 2014, reporting multi-million peso losses.

  • 11/05/2014 | Argentina

    Electoral anxiety

    By Martín Gambarotta

    Argentina is full of uncertainties. But one thing is certain. By the end of 2015 the nation will not have Fernández de Kirchner as head of state. This, understandably, makes the rest of Argentina’s heavyweight politicos very restless.

  • 11/05/2014 | Argentina

    Military/cultural clouds on the horizon

    By Mempo Giardinelli

    It neither can nor should be denied that many citizens who support the government have in recent times felt a certain concern over decisions or measures which they judge to be misconceived. Since these issues arousing concern are not superficial and the doubts appear over certain paths about which it is difficult to agree, this matter merits some reflection.

  • 12/05/2014 | Argentina

    Spin required

    By Andrés Federman

    To say that the US and Argentine governments do not see eye to eye on the ways and means of dealing with the challenge of drug trafficking is more than an understatement.

  • 12/05/2014 | Argentina

    Gov't on Paris Club talks: 'We can't release information on strategy'

    In his daily press briefing in Government House, Cabinet Chief Jorge Capitanich refused to release further details on the Cristina Fernández de Kirchner administration's strategy in upcoming negotiations with Paris Club creditors.

  • 12/05/2014 | Argentina

    IMF recommends cuts in energy subsidies

    The International Monetary Fund (IMF) has suggested that Argentina could benefit from cutting public spending destined for subsidies on energy costs, stating that such policies are "very costly and distort economic activity."

  • 12/05/2014 | Argentina

    Randazzo slams 'extorsive attitude' of striking Sarmiento rail workers

    In a press conference to address the strike on the Sarmiento railway today, Interior and Transport Minister Florencio Randazzo criticised what he described as an “absolutely extorsive attitude” from workers lead by Railway union head Rubén Sobrero.

  • 13/05/2014 | Argentina

    Capitanich rebuffs IMF suggestion to cut energy subsidies

    Asked about the report released yesterday that suggested that Argentina could benefit from cutting public spending destined for subsidies on energy costs, Cabinet Chief Jorge Capitanich rejected the Fund’s “typically orthodox and exclusive perspective”.

  • 17/05/2014 | Argentina

    CELS denounces ‘serious irregularities’ in Milani investigation

    The Centre for Legal and Social Studies (CELS), warned today from “serious irregularities” in the investigation of Army Chief César Milani, suspected of alleged crimes against humanity during the last dictatorship.

  • 18/05/2014 | Argentina

    Carrio will 'almost certainly' run in presidential primaries

    National lawmaker Elisa Carrio has declaredthat  she will “almost certainly” present her candidacy in the Broad Front Unen primary elections to run for next year’s presidential elections.

  • 19/05/2014 | Argentina

    Capitanich on Milani case: ‘No one is obstructing the process’

    Asked about the ongoing judicial investigation against Army Chief César Milani for crimes against humanity, Cabinet Chief Jorge Capitanich pointed out Argentina's Judicial independence and stated that the government "is not obstructing or interrupting the process".

  • 19/05/2014 | Argentina

    US dollar unchanged, 'blue' soars in value

    The US dollar closed unchanged today at banks and exchange offices at 8.07 pesos, while the parallel 'blue' currency saw a steep rise, trading 25 cents up at 11.30 pesos after the weekend.

  • 19/05/2014 | Argentina

    Pope's collaborator calls 'not to look for conflict' between Church, Gov't

    One of the Pope’s closest collaborator, Argentine Guillermo Karcher, said “there is no reason to look for causes for conflict” in the Episcopal document released last week about “violence” in Argentina.

  • 19/05/2014 | Argentina

    CFK postpones official event to visit her hospitalized mother

    President Cristina Fernández de Kirchner postponed the inauguration of new formations for Sarmiento railway scheduled for this afternoon to accompany her mother, Ofelia Wilhelm, who underwent surgery.

  • 19/05/2014 | Argentina

    'There is prejudice against the poor'

    Economy Minister Axel Kicillof addressed the effects of the recently announced 40%  increase in child welfare benefits (AUH) in the country’s economy and stressed the existence of “prejudice against the poor” among the programme's critics.

  • 19/05/2014 | Argentina

    INDEC: Unemployment up to 7.1%

    The INDEC statistics bureau has revealed that unemployment rates rose in the first three months of 2014, reaching a total of 7.1 percent of the population.

  • 20/05/2014 | Argentina

    Gov’t praises unemployment decrease, says no 'job destruction'

    The cabinet chief has referred to the 0.8-point decline in unemployment in the first trimestre of 2014, saying there has been “no destruction of jobs” or an increase in the number of people looking for a job.

  • 20/05/2014 | Argentina

    'Blue' dollar soars to 11.70 pesos

    A surge in demand in the informal market took the so called “blue” dollar 40 cents higher to 11.70 pesos, following yesterday’s 25-cent hike. The American currency was one cent up in BA City banks and exchange offices.

  • 21/05/2014 | Argentina

    YPF confirms discovery of Chubut oil, gas deposits

    YPF oil company head, Miguel Galuccio, revealed today the finding of unconventional deposits of hydrocarbons in Chubut province, during a meeting with local governor Martín Buzzi.

  • 22/05/2014 | Argentina

    US dollar steady at 8.075 pesos, 'blue' falls to 11.80

    The US dollar traded steady at 8.075 pesos in BA City banks and exchange offices while the blue chip swap rate and the MEP dollar traded lower at 10.77 and 11.30 pesos respectively.

  • 22/05/2014 | Argentina

    Pope Francis calls Argentineans to build 'constructive dialogue'

    In the wake of the 204th anniversary of the May Revolution Pope Francis urged Argentineans to work towards “a peaceful cohabitation” and to build “a constructive dialogue” in a letter addressed to President Cristina Fernández de Kirchner.

  • 23/05/2014 | Argentina

    'Blue' plunges 43 cents to 11.37 pesos; official dollar climbs to 8.08 pesos

    The black market dollar’s climb of the past business days has been halted as it plunged to 11.37 pesos. On Thursday, it ended 10 cents lower although accumulating an 80 cent rise during the week.

  • 23/05/2014 | Argentina

    Wind chill factor hits lowest mark at 3.6°, snowfall alert issued for Northwest

    A month ahead of the beginning of winter in Argentina, freezing temperatures have already started to hit, marking the lowest wind chill factor mark of the year at 3.6 C°.

  • 25/05/2014 | Argentina

    Poli appeals for dialogue as CFK attends Tedeum ceremony

    Archbishop of Buenos Aires Mario Poli invoked the spirit of Pope Francis in an impassioned plea for dialogue, as he headed a Tedeum ceremony commemorating the May Revolution with President Cristina Fernández de Kirchner in attendance for the first time since 2006.

  • 25/05/2014 | Argentina

    Cristina reads peace prayer in Tedeum

    President Cristina Fernández de Kirchner returned to BA City Cathedral for the Tedeum ceremony commemorating the May Revolution for the first time in eight years and read the “peace prayer” visibly moved.

  • 26/05/2014 | Argentina

    Gov't defends 'Fútbol para todos' programme

    Cabinet Chief Jorge Capitanich referred to opposition lawmaker Graciela Ocaña's accusations of discretionary spending in “Fútbol para todos” programme. “I find it hard to see the existence of a possible crime,” he said and bashed opposition critics for “never going after media conglomerates”.

  • 26/05/2014 | Argentina

    Bus drivers go on strike next Wednesday

    UTA Transport Union leader Roberto Fernández confirmed a 24-hour strike for Wednesday in short, medium and long distance buses, to demand a wage increase of over 30%.

  • 26/05/2014 | Argentina

    Randazzo calls UTA for 'logic and common sense'

    Transport and Interior Minister Florencio Randazzo called UTA Transport Union leaders for “logic and common sense” after the announcement of a 24-hour short,medium and long distance bus strike for next Wednesday.

  • 26/05/2014 | Argentina

    US dollar remains steady at 8.08 pesos; 'blue' higher

    The US dollar remained unchanged today in banks and exchange offices at 8.08 pesos on a thin volume day due to a national which kept US markets closed.

  • 26/05/2014 | Argentina

    Granados says fight against crime is 'significantly improving'

    Buenos Aires province Security Minister Alejandro Granados has asserted that since the security emergency was declared, "the numbers" in the fight against crime "are significantly improving".

  • 26/05/2014 | Argentina

    ECLAC, ILO praise AUH impact on poverty, child labour reduction

    The Economic Commission for Latin America (ECLAC) and International Labour Organization (ILO) flatly rejected that Argentina’s Universal Child Benefit (AUH) worked as an incentive for beneficiary not to look for jobs and praised its impact on poverty and child labour reduction.

  • 26/05/2014 | Argentina

    Gov't sues parents of graffiti vandal

  • 27/05/2014 | Argentina

    Capitanich defends Aerolíneas: ‘Recalde has done an outstanding job’

    Jorge Capitanich praised the performance of Argentina's flag carrier, saying its CEO Mariano Recalde “has done an outstanding job.” Asked about a report by the National Audit Office that dennounces irregularities and lack of management control in the state-run company, he said it was a “deliberate political strategy by opposition leaders.”

  • 27/05/2014 | Argentina

    Gov’t meets with bus drivers to prevent strike

    The government met with bus drivers in an effort to solve the ongoing wage dispute and try to prevent the walkout announced for tomorrow by UTA Transport Union.

  • 27/05/2014 | Argentina

    'Blue' dollar jumps to 11.75 pesos

    The so called “blue” dollar that trades in the informal market climbed 25 cents to 11.75 pesos for sellers, pushed by the blue-chip swap dollar and the stock exchange dollar rates which traded at 11.05 pesos and 11.38 pesos respectively.

  • 27/05/2014 | Argentina

    De la Sota does not rule out presidential bid

    Cordoba province governor José Manuel De la Sota confirmed once again his presidential aspirations and dismissed an alliance with Sergio Massa as his vice-presidential candidate. “If no other candidate proposes the type of project that I want for the country, I will run [in 2015 elections],” he said.

  • 27/05/2014 | Argentina

    'The strike is on,' UTA Transport Union leader warns

    After an urgent meeting convened by the government, UTA Transport Union head Roberto Fernández ratified the general strike announced for tomorrow in short, medium and long distance buses.

  • 27/05/2014 | Argentina

    CFK inaugurates train monitoring unit in Retiro

    President Cristina Fernández de Kirchner, accompanied by Interior and Transport Minister Florencio Randazzo, led the inauguration of a train monitoring unit in Retiro, Buenos Aires City.

  • 27/05/2014 | Argentina

    Berni: Engine failure presumed cause of crash

    Security Secretary Sergio Berni confirmed five people lost their lives in a tragic small aircraft crash in the Río de la Plata, while affirming that a failure in the plane's engine could have caused the fatal accident.

  • 27/05/2014 | Argentina

    UTA Transport Union lifts bus strike after mandatory conciliation

    The Labour Ministry headed by Carlos Tomada ordered mandatory conciliation in response to the Argentine Transport Union (UTA), which had vowed to stop public bus services to demand wage rises.

  • 28/05/2014 | Argentina

    Capitanich: 'We seek the best possible agreement with Paris Club'

    Cabinet Chief Jorge Capitanich referred to Economy Minister Axel Kicillof's meeting in Paris with Argentina’s Paris Club creditors. “The negotiation is complex,” Capitanich said and stressed that the government seeks “the best possible agreement”.

  • 28/05/2014 | Argentina

    Gov’t aims to prevent bank workers' strike

    In his daily press briefing, Cabinet Chief Jorge Capitanich praised the progress made in negotiations with UTA Transport Union that allowed to prevent a national strike initially announced for today and said the government is making similar efforts to try to avert the walkout that bank workers have planned for tomorrow.

  • 28/05/2014 | Argentina

    Bodies removed from Río de la Plata plane

    Uruguayan emergency workers have removed the final two bodies which remained inside the wreckage of a light aircraft which yesterday crashed into the Río de la Plata delta, leaving five Argentine citizens dead and four injured.

  • 28/05/2014 | Argentina

    Kicillof kicks off Paris Club negotiations

    Economy Minister Axel Kicillof today met with members of the Paris Club group of creditors in a marathon summit, in which the restructuring of Argentine debt was discussed.

  • 28/05/2014 | Argentina

    US dollar rises to 8.09; 'blue' climbs five cents

    The US dollar closed half a cent up at 8.09 pesos in banks and exchange offices of the City while the "blue" dollar rose five cents to 11.80 pesos after climbing 25 cents yesterday, pushed by the stock exchange and the blue-chip swap rates which rose 39 cents.

  • 28/05/2014 | Argentina

    France okays extraditon of dictatorship-era police officer

    A French court has upheld a request filed by Argentina to extradite ex police officer Mario Sandoval accused of crimes against humanity committed during the South American country’s last military-civil dictatorship. Sandoval has been charged with 601 cases of human rights violations but will only be prosecuted over the forced disappearance of Hernán Abriata.

  • 28/05/2014 | Argentina

    Russia invites Argentina to BRICS summit, ratifies support in Malvinas case

    Foreign Minister Héctor Timerman met in Moscow with his Russian counterpart Sergi Lavrov who confirmed a formal invitation to Argentina to take part in a BRICS summit to be held in Brazil next month. The Kremlin also ratified its support to Buenos Aires in its long-standing dispute against the United Kingdom over the sovereignty of the Malvinas Islands.

  • 24/03/2014 | Argentina

    Buenos Aires province ombudsman urges teachers to show 'good judgement' and end strike

    Buenos Aires province ombudsman Carlos Bonicatto today urged teachers to show “good judgement and responsibility" and to begin the school year tomorrow, complying with what a “reasonable” judicial order imposed. Otherwise, he went on, “they would fail to acknowledge we live under the rule of law.”

  • 24/03/2014 | Argentina

    Human rights groups, activists gather to mark 38th coup anniversary

    Human Rights organizations and political activists gathered today in  the Plaza de Mayo Square in Buenos Aires, to commemorate the 38th anniversary of the 1976 military coup.

  • 24/03/2014 | Argentina

    Mar del Plata: Bus, taxi drivers stage protest, trigger chaos on long weekend's last day

    Bus and taxi drivers in Mar del Plata coastal city were staging a massive protest today playing havoc with public transport and blocking accesses to the city and exits on the last day of a long weekend when thousands of tourists were trying to return to their homes.

  • 25/03/2014 | Argentina

    US dollar jumps three cents, 'blue' unchanged at 10.90 pesos

    The US Dollar has closed three cents up on the first trading day of the week, breaking the 8 peso barrier to finish at 7.965 pesos (buying) and 8.015 (selling price). Meanwhile, the so called “blue” dollar traded without alterations at 10.90 pesos.

  • 25/03/2014 | Argentina

    La Plata judge claims 89 people died in 2013 floods

    Federal Judge Luis Federico Arias confirmed that the death toll followed last year’s flood in La Plata rose to 89, instead of the 67 informed previously by local authorities from Buenos Aires province.

  • 26/03/2014 | Argentina

    US dollar down half cent at 8.01 pesos

    The US dollar closed half a cent lower in Buenos Aires City's main banks and foreign exchange offices, closing with a price of 7.96 pesos (buying) and 8.01 pesos (selling) in the official markets.

  • 13/03/2014 | Argentina

    London would 'rather' discuss Malvinas row with Massa, Macri

    British Minister of State for the Foreign Office Hugo Swire has stated London would rather sit at the negotiating table with Sergio Massa or Mauricio Macri to discuss the sovereignty of the Malvinas Islands. Swire alleged the representatives of Argentina’s opposition would show a “more mature vision” over the bilateral dispute than the Kirchnerite government.

  • 13/03/2014 | Argentina

    Kicillof : No winners or losers in YPF-Repsol deal

    Economy Minister Axel Kicillof has assured that the compensatory agreement reached with Repsol was "friendly”, and asserted there were "no winners nor losers" in negotiations over the nationalisation of YPF.

  • 20/05/2014 | Argentina

    Duhalde: ‘Scioli is the Francis of politics’

    Former President Eduardo Duhalde described BA province Governor Daniel Scioli as “the Francis of politics” referring to the Argentine Pope, and highlighted Scioli’s non-confrontation spirit.

  • 28/05/2014 | Argentina

    Fábrega to cut rates if prices go down

    Central Bank president Juan Carlos Fábrega assured foreign reserve levels would stay at around 28 billion dollars by the end of this year, and revealed he would lower rates if prices rises continued to slow down.

  • 29/05/2014 | Argentina

    Gov't clinches debt repayment deal with Paris Club

    Argentina reached an agreement with creditor nations on repaying overdue debts, in a landmark deal that should open up much-needed international financing for the country. The Paris Club of creditors said the agreement will allow Argentina to clear over five years arrears that stood at $9.7 billion at the end of April.

  • 29/05/2014 | Argentina

    'The agreement was made without IMF's involvement'

    Cabinet Chief Jorge Capitanich pointed out that the agreement reached with Paris Club was made without any active involvement from the International Monetary Fund (IMF). He stressed that this is the first time that the Fund “was not part of the conditionalities in the negotiation process” and said it will not monitor the agreement’s compliance either.

  • 29/05/2014 | Argentina

    Capitanich on BRICS summit: 'Russia's invitation leads the way towards effective participation'

    Cabinet Chief Jorge Capitanich referred to the Russian invitation to Argentina to attend a summit of the so called BRICS countries next month in Brazil and said it “leads the way towards [Argentina’s] effective participation” in the bloc.

  • 29/05/2014 | Argentina

    'Blue' dollar lower at 11.70 pesos

    The "blue" dollar which trades in the informal market was 10 cents lower today at 11.70 pesos amid few transactions in the market due to a bankers' strike.

  • 29/05/2014 | Argentina

    France praises Argentina for 'normalizing its relations with creditors'

    French Finance Minister Michel Sapin praised Argentina’s agreement with Paris Club creditors, saying it highlights the country’s effort to “normalize its relations with creditors.”

  • 29/05/2014 | Argentina

    Argentina will turn to int'l funding 'for the future of Argentines'

    President Kirchner praised the agreement reached with Paris Club creditors and said that the government will now turn to international credit markets to finance “infrastructure, development, and technology.”

  • 29/05/2014 | Argentina

    CFK: We reached an agreement without IMF intervention

    President Cristina Fernández de Kirchner expressed her delight at reaching an agreement with the Paris Club without International Monetary Fund (IMF) intervention, while defending Argentina's record in honouring debt commitments.

  • 30/05/2014 | Argentina

    IMF 's Lagarde: 'Deal could help Argentina normalise its situation'

    International Monetary Fund managing director Christine Lagarde today welcomed the debt deal Argentina has reached with the Paris Club.

  • 30/05/2014 | Argentina

    'Blue' dollar plunges 30 cents to 11.40 on low demand

    The blue dollar or informal rate dropped 30 cents today to trade at 11.40 pesos due to lower demand of greenbacks and pushed by the blue-chip swap rate which was also down at 11 pesos.

  • 30/05/2014 | Argentina

    Argentina appeals ruling which declared Iran deal 'unconstitutional'

    The government has appealed a ruling which had declared the Memorandum of Understanding sealed between Argentina and Iran “unconstitutional.”

  • 31/05/2014 | Argentina

    Macri, Carrio and Sanz meet rural representatives

    FAU leader Elisa Carrio, Radical Civic Union senator Ernesto Sanz and Buenos Aires City Mayor Mauricio Macri met today with representatives of the Argentine Rural Confederation in Gualeguaychú, Entre Ríos, and discussed agricultural policies.

  • 01/06/2014 | Argentina

    Cobos rejects electoral alliance with Macri

    Mendoza lawmaker Julio Cobos dismissed the possibility of an electoral alliance with Buenos Aires City Mayor Mauricio Macri for the 2015 presidential elections and stressed that his efforts are aimed to increase UNEN-Broad Front’s representation.

  • 01/06/2014 | Argentina

    Gov't hopeful that US Supreme Court will take Vulture Fund case

    The deputy Economy minister Emmanuel Álvarez has affirmed that the government has high hopes that the United States Supreme Court will intervene in Argentina's long-running legal battle with holdout investors, dubbed 'Vulture Funds', over debt defaulted on in 2001.

  • 20/05/2014 | Argentina

    CFK: We are recovering Argentina's heritage

    President Kirchner led the inauguration of the new Justice and Human Rights Ministry, at the South Waterfront in Buenos Aires City, highlighting the recovery of national assets over the last 10 years.

  • 21/05/2014 | Argentina

    Government slams ‘speculative strategies from financial groups’

    Cabinet Chief Jorge Capitanich praised the country’s “favorable economic performance” and accused “financial agents” of developing “speculative strategies” that aim to create uncertainty.

  • 21/05/2014 | Argentina

    Clinics and hospitals go on national strike

    Clinics and hospitals and diagnostic centers unions -ADECRA and CEDIM- are on a 24-hour national strike, demanding an increase in pre-paid medical cover fees.

  • 21/05/2014 | Argentina

    'Blue' dollar climbs to 11.90 pesos

    After hitting 11.70 pesos yesterday, the informal dollar kept climbing today. The so called "blue" currency hit 11.90 pesos, 20 cents higher than its last close.

  • 28/05/2014 | Argentina

    Buzzi to propose farmers walkout

    The head of the Argentine Agrarian Federation (FAA), Eduardo Buzzi said he will take a proposal for a national strike to the anti-government farming sectors gathered in the Mesa de Enlace alliance to denounce the “serious” situation of farmers and the lack of dialogue with the federal government.

  • 02/06/2014 | Argentina

    Gov't on alleged leaked memo: 'We said all we had to say in Court'

    Cabinet Chief Jorge Capitanich refused to give further details on an alleged leaked legal memo which would advise the government on a plan to restructure Argentina’s bonds outside the reach of US courts if the Supreme Court does not take the case against holdout investors, the so called Vulture Funds. “The document was leaked without consent,” he stressed.

  • 02/06/2014 | Argentina

    US dollar rises to 8.10 pesos

    The US dollar closed half a cent higher today in banks and exchange offices trading at 8.10 pesos as market analysts estimate around 140 million dollars are being liquidated by grain exporters on a daily basis, boosting Central Bank reserves.

  • 03/06/2014 | Argentina

    Gov’t optimistic about Gestamp conflict resolution, auto industry situation

    Cabinet Chief Jorge Capitanich referred to the conflict in Gestamp auto parts plant and expressed his optimism about the solution of the labour dispute that began last week after 69 workers were laid off. “The plant is fully operational with 400 workers. The production has been restored,” he said.

  • 03/06/2014 | Argentina

    US dollar rises to 8.11 pesos; 'blue' higher

    The US dollar closed one cent higher at 8.11 pesos in banks and exchange offices after Monday's slight rise, while the informal rate was also up at 11.50 pesos.

  • 03/06/2014 | Argentina

    The Gi Bike and the Argentine 'bike revolutionary'

    By Nadia Nasanovsky

  • 02/06/2014 | Argentina

    Gestamp workers accuse the company of infringing mandatory conciliation

    Workers of auto parts company Gestamp continued today with the occupation of the plant in Escobar, in Buenos Aires province, accusing the company of infringing a compulsory conciliation ordered by Buenos Aires Labour Minister Oscar Cuartango, and announced plans to take the protest to Buenos Aires province Ministry of Labour.

  • 02/06/2014 | Argentina

    Minister Kicillof praises Paris Club deal, criticizes 'malicious media'

    Economy Minister Axel Kicillof today affirmed the agreement Argentina reached with the Paris Club group of creditors “does not compromise the future or the present of the country.”

  • 03/06/2014 | Argentina

    British MPs support Argentina in battle against 'Vulture Funds'

    More than 100 British Members of Parliament have signed a resolution of support for Argentina in the fight against the 'Vulture Fund' holdout investors, and warned that if the United States Justice System ruled against the nation it could fall into default.

  • 04/06/2014 | Argentina

    ‘Industrial leadership has an obsolete mindset’

    Cabinet Chief Jorge Capitanich rebuked UIA industrial chamber head Héctor Méndez who has repeatedly called for “economic adjusment”, criticising the government’s fiscal policies. “Industrial leadership has an obsolete mindset, from the past, it should be looking to the future,” Capitanich stressed.

  • 04/06/2014 | Argentina

    CFK to send pensioner amnesty bill to Congress

    During a national broadcast from the Government House, President Cristina Fernández de Kirchner announced the sending of a new amnesty to Congress in order to incorporate more pensioners into the Federal Pension System.

  • 05/06/2014 | Argentina

    Kicillof: 'It is consumption that gets the wheels turning'

    Economy Minister Axel Kicillof and ANSES chief Diego Bossio held a press conference to provide the details of a bill the government has submitted to Congress, involving a new moratorium of pensions.

  • 05/06/2014 | Argentina

    US dollar rose to 8.14 pesos, 'blue' at 11.55 pesos

    The US dollar ended two cents higher today at 8.14 pesos in banks and exchange offices after rising one cent yesterday, amid dollar sales from grain exporters which pushed the US currency down and forced the Central Bank to buy dollars. The blue dollar, meanwhile, traded unchanged at 11.55 pesos.

  • 05/06/2014 | Argentina

    Vulture funds case: IMF expresses ‘concern’ over outcome

    The International Monetary Fund expressed “concern” today over the outcome of Argentina's vulture funds case, during a press briefing in Washington.

  • 06/06/2014 | Argentina

    Capitanich: Boudou's testimony will provide 'exact information' about the probe

    Cabinet Chief Jorge Capitanich today implied it was positive that vice-president Amado  Boudou appeared before Judge Ariel Lijo next week in the  probe into the nationalization of the Ciccone mint company as the process will show a “transparent treatment.”

  • 06/06/2014 | Argentina

    US dollar rises to 8.145 pesos

    The US dollar traded half a cent higher at 8.145 today in banks and exchange officecs after rising two cents yesterday.

  • 04/06/2014 | Argentina

    US dollar climbs to 8.12 pesos, 'blue' higher at 11.55 pesos

    The US dollar closed one cent up today at 8.12 pesos in Buenos Aires City banks and foreign exchange offices, while the 'blue' parallel currency rosed five cents to 11.55 pesos.

  • 04/06/2014 | Argentina

    Opposition lawmakers leave the House before Cabinet Chief's briefing

    The main opposition leaders at the Lower House agreed on a strategy to vacate the House for Cabinet Chief Jorge Capitanich’s briefing scheduled for today, complaining for not being able to cross-examine the minister during his briefings.

  • 06/06/2014 | Argentina

    IMF recognizes progress in INDEC’s new statistic method

    The International Monetary Fund (IMF) saluted today “all the specified actions,” taken by President Cristina Fernández de Kirchner administration, to improve prices and Gross Domestic Product indexes under INDEC National Statistics Bureau orbit.

  • 08/06/2014 | Argentina

    'Investment climate has started to change'

    Chargé d'Affaires at the US Embassy in Buenos Aires Kevin Sullivan, who is in charge of the embassy on an interim basis, praised Argentina’s agreement with Paris Club, ICSID and YPF-Repsol deal, saying “the situation is changing, in a good way” and pointing out a change in investment climate.

  • 09/06/2014 | Argentina

    Boudou’s questioning ‘an excellent opportunity’, gov’t says

    Cabinet Chief Jorge Capitanich referred to Vice-President Amado Boudou's questioning by Judge Ariel Lijo saying “it is an excellent opportunity for Judiciary and the judge to act without any pressure”.

  • 09/06/2014 | Argentina

    Capitanich urges automotive terminals ‘to reduce prices in order to stimulate demand’

    In his daily press briefing, Cabinet Chief Jorge Capitanich urged automobile companies to reduce their prices for a recovery in the sector. “It is very important for automotive terminals to reduce their prices in order to stimulate demand,” he said.

  • 09/06/2014 | Argentina

    Anti-Vulture Funds delegation meets with US politicians

    The group arrived in Washington DC today and met with members of the US State Department officials and the House of Representatives, to whom they communicated their support for the Argentine government's position against the holdout investors.

  • 09/06/2014 | Argentina

    US dollar ends steady at 8.145 pesos

    The US dollar today ended steady at 8.145 pesos in banks and exchange offices of Buenos Aires after rising one cent.

  • 09/06/2014 | Argentina

    VP Boudou vows to widen declaration after five hours in front of judge

    The investigation hearing into Vice President Amado Boudou's alleged involvement in the Ciccone printworks case, overseen by Judge Ariel Lijo, has come to a close for the day after the politician declared for over five hours.

  • 09/06/2014 | Argentina

    NY Post: Judge Griesa refuses hedge fund request to rebuke Argentina on debt plan

    New York Judge Thomas Griesa rejected last week a request by hedge fund investor Paul Singer to chide Argentina over its apparent “best option” plan to default on all its debt should it lose its last-chance appeal later this week.

  • 10/06/2014 | Argentina

    Capitanich praises anti-vulture funds delegation, bashes UNEN absence

    Cabinet Chief Jorge Capitanich praised the Congressional delegation that travelled to Washington DC to support Argentina’s stance in its court battle with hedge funds and criticised the absence of UNEN Broad Front representatives in the committee.

  • 10/06/2014 | Argentina

    ‘It’s about time the Central Bank properly regulated interest rates’

    In his daily press briefing Cabinet Chief Jorge Capitanich criticised financial institutions that charge “abusive rates” and said it was about time “the Central Bank properly regulated” the matter.

  • 10/06/2014 | Argentina

    ‘Energy self-sufficiency needs to be a joint effort between national and provincial gov'ts’

    Cabinet Chief Jorge Capitanich referred to President Cristina Fernández de Kirchner’s meeting with governors of several petroleum-producing provinces. He said the discussion ended with a draft for a federal agreement regarding a reform to the hydrocarbon law.

  • 10/06/2014 | Argentina

    US dollar creeps up to 8.15 pesos, 'blue' higher at 11.60 pesos

    The US dollar crept up half a cent to 8.15 pesos in banks and exchange offices in Buenos Aires City while greenbacks in the informal market jumped five cents to 11.60 pesos.

  • 10/06/2014 | Argentina

    UK's refusal to discuss Malvinas 'incomprehensible'

    The government reiterated Argentina’s “unalienable right” over the Malvinas Islands and urged the UK to resume negotiations. The Ministry of Foreign Affairs described the British government refusal to continue talks as “incomprehensible and inadmisible.”

  • 10/06/2014 | Argentina

    Moyano's anti-gov't CGT, Barrionuevo protest over pensions

    Anti-government faction of the CGT led by Hugo Moyano and Luis Barrionuevo were expected to lead a protest this afternoon to demand an increase in pensions as well as the collection of pensioners' lawsuits against the government.

  • 10/06/2014 | Argentina

    UK Minister on Malvinas: Argentine efforts are 'counter-productive'

    The UK Foreign Office Minister to Latin America, Hugo Swire, criticised the actions of the Argentine government in the ongoing dispute over the Malvinas Islands, also slamming the use of a "Malvinas are Argentine" banner in a national team game.

  • 11/06/2014 | Argentina

    Gov’t confident on reaching automobile deal with Brazil today

    Cabinet Chief Jorge Capitanich was confident that an agreement will be reached today in the bilateral meeting to be held at 3 p.m. between Industry Minister Débora Giorgi and Economy Minister Axel Kicillof with Brazil's Development, Industry and Commerce Minister Mauro Borges.

  • 11/06/2014 | Argentina

    BCRA's rates regulation 'necessary to stimulate demand'

    After weeks dennouncing “abusive rates” by financial institutions in his daily press briefings, Cabinet Chief Jorge Capitanich has praised the Central Bank’s decision to regulate loans pushing down interest rates, saying it was “necessary to stimulate demand” and to “prevent abussive manoeuvres and the excessive interest rates dispersion”.

  • 11/06/2014 | Argentina

    US dollar steady at 8.15 pesos, 'blue' stable at 11.60 pesos

    The US dollar traded steady today at 8.15 pesos in Buenos Aires City banks and foreign exchange offices. Meanwhile, in the informal market greenbacks also traded stable at 11.60 pesos with only few operations being registered.

  • 08/06/2014 | Argentina

    Kicillof sees ‘many optimistic signals’

    Economy Minister Axel Kicillof said he sees “many optimistic signals for the second trimestre and even next year” for an ending to economic recession.

  • 11/06/2014 | Argentina

    Argentina, Brazil gov'ts seal automotive deal

    Argentina and Brazil signed a deal for automotive trade between the two nations, which will be valid until July 2015 and aims to revive the sector which has seen heavy falls in activity since the beginning of this year.

  • 11/06/2014 | Argentina

    Argentina, Brazil gov'ts seek automotive deal

    Economy minister Axel Kicillof and minister of Industry Débora Giorgi today met with Brazilian Industry minister Mauro Borges in order to establish a new trade agreement in the automotive sector between Brazil and Argentina.

  • 11/06/2014 | Argentina

    NZ tourist murder: two suspects arrested in Mendoza

    By Jayson McNamara
    Police in Mendoza have arrested two men suspected of being involved in the murder of New Zealand tourist Nicholas Heyward in Mendoza in April.

  • 11/06/2014 | Argentina

    Subway workers confirm strike action

    The entire subway system will not operate tomorrow between 5am to 7am, sources from the Subway and Premetro Workers' Union Association (AGTSyP) announced following a failed meeting with representatives of the train operating company Sbase and the City government.

  • 12/06/2014 | Argentina

    Gov't 'constantly monitoring' Iguazú floodings

    Cabinet Chief Jorge Capitanich said the government is “constantly monitoring” the flooding emergency in the Iguazú watershed by an emergency committee and that National Gendarmerie, Federal Police and Military Police personnel were being deployed in the affected areas.

  • 12/06/2014 | Argentina

    Capitanich praises auto deal with Brazil

    Cabinet Chief Jorge Capitanich referred to the automotive trade agreement the government has sealed with Brazil saying it will encourage “auto parts production and job creation” benefiting both countries.

  • 12/06/2014 | Argentina

    US Supreme Court to reveal vulture case decision on Monday

    The US Supreme Court will reveal its decision on the vulture funds case on Monday at 10.30am, after deliberating today behind closed doors on the Argentine appeal request.

  • 13/06/2014 | Argentina

    US dollar ends at 8.15 pesos, 'blue' down to 11.65 pesos

    The US dollar remained unchanged today at 8.15 pesos in banks and foreign exchange offices after the Central Bank yesterday decided to restrict dollar purchases from big importers. The “blue” dollar was five cent lower at 11.65 pesos, following yesterday’s 10-cent climb.

  • 13/06/2014 | Argentina

    Argentina takes ex Botnia pulp mill dispute to The Hague

    The government today announced it will take the former Botnia pulp mill dispute to the International Court of Justice after Uruguay decided to authorize a production increase without Argentina’s consent.

  • 16/06/2014 | Argentina

    Gov’t to release public statement after US top court verdict

    Cabinet Chief Jorge Capitanich called for prudence and refused to make comments on the imminent US Supreme Court holdout ruling on Argentina’s appeal of rulings requiring it to pay the holdout bondholders back in full, expected for today at 10.30 a.m.

  • 16/06/2014 | Argentina

    Capitanich visits flooded Northeast

    Cabinet Chief Jorge Capitanich arrived in Posadas, Mendoza province, for a “direct supervision” of the regions affected by floods in Paraná River coastal area today and to coordinate assistance with local authorities.

  • 16/06/2014 | Argentina

    US dollar steady; 'blue' jumps to 11.85 pesos

    The US dollar closed steady in banks and exchange offices in Buenos Aires City at 8.15 pesos, while the so called 'blue dollar' soared in value, trading 20 cents higher at 11.85 pesos.

  • 16/06/2014 | Argentina

    US Supreme Court rejects Argentina appeal in bond fight

    The US Supreme Court today declined to hear Argentina's appeal over its bid to avoid paying $1.33 billion to hedge fund creditors or risk a potential default. The high court left intact lower court rulings that ordered Argentina to pay. The government had previously warned it could default on its sovereign debt if required to pay in full.

  • 16/06/2014 | Argentina

    After US court ruling, Argentine shares plummet in Buenos Aires and New York

    Shares on the Buenos Aires Stock Exchange were in freefall today after the US Supreme Court's adverse ruling in the country’s case against to hedge fund creditors, the so called vulture funds.

  • 16/06/2014 | Argentina

    Politicians take US Court ruling to Twitter

    Minutes after the US Court released its adverse verdict for Argentina in its legal dispute against hedge funds creditors, and in the wake of an official government statement, politicians took their reactions to Twitter.

  • 16/06/2014 | Argentina

    UCR’s Sanz urges gov’t to be cautious after US verdict

    UCR Party head Ernesto Sanz said the federal government should be “cautious” seeking to minimize the cost of the adverse US Court ruling over vulture funds dispute for Argentineans.

  • 16/06/2014 | Argentina

    'The US Court decision is irresponsible'

    ANSES executive director Diego Bossio said the decision of the US Supreme Court to reject Argentina’s appeal on the hedge funds case was “irresponsible”.

  • 16/06/2014 | Argentina

    After the adverse ruling, Scioli calls for patriotism

    After the adverse US Court ruling in Argentina’s legal dispute with the so called vulture funds, Buenos Aires province Daniel Scioli called for “patriotism” and urged all sectors to line up behind the national government.

  • 14/06/2014 | Argentina

    FIFA probe Argentina for Malvinas protest

    Football world governing body FIFA said on Friday it had begun disciplinary proceedings against Argentina's football association due to a players' protest over the Malvinas islands at a World Cup warmup game.

  • 17/06/2014 | Argentina

    Government plans to reopen debt swap after US Supreme Court setback

    Economy Minister Axel Kicillof has announced that the government plans to reopen the debt swap program in the hope of renegotiating bonds under Argentine jurisdiction, after the US Supreme Court declined to take Argentina's case against the 'vulture funds'.

  • 17/06/2014 | Argentina

    US Court ruling ‘undermines the most successful sovereign debt restructuring process’

    Cabinet Chief Jorge Capitanich said the US Supreme Court’s decision to reject Argentina’s appeal on the hedge funds case “undermines the most successful sovereign debt restructuring process” and that it buffets “the foundations of a new perspective on international finances and economy”.

  • 17/06/2014 | Argentina

    'Blue' dollar climbs 35 cents to 12.20 pesos

    The "blue" dollar which trades in the informal market jumped 35 cents today, reaching 12.20 pesos following the refusal of the US Supreme Court to intervene in the ongoing case against holdout investors.

  • 17/06/2014 | Argentina

    ‘My brother is far from being a terrorist’

    By Nadia Nasanovsky
    An Argentine national, César Raúl Rodríguez was arrested in Madrid yesterday, as a suspected member of a jihadist cell accused of recruiting militants for the terrorist organization Islamic State in Iraq and Syria (ISIL). Buenosairesherald.com talked to his sister.

  • 18/06/2014 | Argentina

    Congress backs government’s strategy, Capitanich says

    After meeting with Congress party chiefs to discuss the government’s strategy regarding the country’s debt with houldout hedge funds, Cabinet Chief Jorge Capitanich said “the Congress, through its different blocs, has backed Argentina’s stance in defense of national interests.”

  • 18/06/2014 | Argentina

    ‘A tiny group of vulture funds won’t alter growth and social inclusion’

    In his daily press briefing, Cabinet Chief Jorge Capitanich bashed holdout hedge funds saying “the deliberate actions of a tiny group of vulture funds will not alter the economic growth, social inclusion and distributive equity of a sovereign country”.

  • 18/06/2014 | Argentina

    'Blue’ dollar up to 12.30 pesos, official unchanged

    After climbing as high as 30 cents earlier today, the so-called “blue” dollar closed at 12.30 pesos, 10 cents up from yesterday's closing change rate.

  • 18/06/2014 | Argentina

    Argentina's lawyers head new negotiation attempt with NY Judge Griesa

    Lawyers representing Argentina in the United States in a 1.5 billion dollar dispute that risks sending the South American country into a sovereign debt default, were expected to meet New York appeals Judge Thomas Griesa this morning in a new negotiation attempt.

  • 18/06/2014 | Argentina

    Binner: ‘Argentina is in no position to set rules’

    After Economy Minister Axel Kicillof said the government will continue negotiating with US courts and that it is getting ready to pay holdout creditors, UNEN Broad Front’s lawmaker Hermes Binner said “Argentina is in no position to set rules.”

  • 18/06/2014 | Argentina

    Argentina offers to open 'vulture fund' negotiations; Griesa warns against changing payment jurisdiction

    Argentina's attorneys today informed US Judge Thomas Griesa that government officials plan to travel to New York next week to negotiate with holdouts to solve the situation, while the magistrate warned that reopening swaps to change the debt's jurisdiction to Argentina would be considered a breach of the ruling.

  • 18/06/2014 | Argentina

    Bossio calls for "calm", says Argentina 'is willing to pay'

    The ANSES social security agency executive director, Diego Bossio called for “calm” regarding US judge Thomas Griesa’s ruling that orders Argentina to pay bondholders who rejected the debt restructuring, saying Argentina “is willing to pay”.

  • 18/06/2014 | Argentina

    Judge Griesa considers CFK's speech a 'problem'

    US Judge Tomas Griesa today considered "a problem" the televised speech delivered by President Cristina Fernández de Kirchner on Monday after the US Supreme Court declined to hear an appeal by Argentina in its battle against the holdouts.

  • 18/06/2014 | Argentina

    Elliot Management could accept Argentine bonds follow US Supreme Court rule

    Elliot Management hedge fund, led by financial tycoon Paul Singer, could accept Argentine bonds in order to finish with the judicial dispute between the two parts, following US Supreme Court ruling last Monday.

  • 18/06/2014 | Argentina

    Gov’t warns stay suspension ‘makes impossible debt swap payment in New York’

    The Economy Ministry announced today that Argentina will not be able to fulfil with the debt swap payments on June 30, in response to US Appeal Court ruling which suspended a previous injunction measure filed by President Cristina Fernández de Kirchner administration.

  • 19/06/2014 | Argentina

    US dollar steady at 8.15 pesos, 'blue' dollar up to 12.40 pesos

    With all eyes focused on Argentina’s legal dispute against vulture funds, the so called “blue” dollar closed 10 cents higher at 12.40 pesos. The US dollar at Buenos Aires City banks and foreign exchange offices, meanwhile, remained steady at 8.15 pesos.

  • 19/06/2014 | Argentina

    Today marks coldest day in the year

    Only two days ahead of the beginning of winter, Argentineans have already started to suffer harsh temperatures, hitting the lowest peak so far this year.

  • 19/06/2014 | Argentina

    Italian bondholders 'willing to collect anywhere'

    Lawyer Tullio Zembo said Italians holding Argentina’s restructured debt bonds “are willing to collect anywhere” although he considered the current legal situation that has raised default fears in the South American country “extremely difficult.”

  • 19/06/2014 | Argentina

    Trade surplus down 12% in May

    While the trade balance in May registered a surplus of 1.2 billion dollars, the first five months of 2014 show a decline of 2.3 billion dollars, or 41 percent, in comparison to the same period of 2013, INDEC national statistics bureau informed today.

  • 19/06/2014 | Argentina

    'Vulture Funds' receive no word from Argentine government

    The holdout investors demanding full payment of Argentine bonds in default have claimed they have not been in contact with the Argentine government about possible negotiations following the US Supreme Court judgement, according to sources from the so-called 'vulture funds'.

  • 21/06/2014 | Argentina

    Gov't ratifies 'fair negotiating conditions' demand in Wall Street Journal ad

    The government has decided to take the country’s bond fight against vulture funds to international media. “Argentina wants to continue paying its debts but they don’t let it,” is the title of an advertisement published today in the Wall Street Journal.

  • 20/06/2014 | Argentina

    US Judge Griesa bans Argentina from paying bondholders in BA

    US Federal Judge Thomas Griesa ratified in an official letter that Argentina’s proposal to carry out a debt exchange and pay its bondholders in Buenos Aires represents a “violation of the rulings and procedures.”

  • 22/06/2014 | Argentina

    Teamsters launch unexpected cash transport strike

    Teamsters' Union Associate Secretary Pablo Moyano launched a surprise cash transport walk-out, affecting cash machines, after threatening with a a “48-hour nationwide strike” if collective bargaining negotiations with business leaders and the government fail.

  • 23/06/2014 | Argentina

    Capitanich: 'Equitable treatment cannot be violated by any judge'

    Cabinet Chief Jorge Capitanich reiterated the government’s claim for “fair and equitable conditions for 100% of bondholders”, referring to US Judge Thomas Griesa ruling ordering Argentina full payment to the so-called vulture funds. Capitanich stressed that “equitable treatment cannot be violated by any judge”.

  • 23/06/2014 | Argentina

    'Blue' dollar falls 60 cents amid holdout talks

    After the strong hikes it registered last week, the so called "blue" dollar which trades in the informal exchange market, today traded 60 cents lower at 11.80 pesos, pushed down by the ongoing negotiations between the Argentine government and the holdouts, according to analysts.

  • 23/06/2014 | Argentina

    BA stock market higher as gov't decides to negotiate with vulture funds

    The government’s decision to negotiate with holdout hedge funds has had a positive impact on the stock market. Buenos Aires stock market opened in an upward trend, with a 8.7% rise to 7,985.11 points. Bonds and coupons, meanwhile, were up by 16%.

  • 23/06/2014 | Argentina

    CFK unveils new credits for new car purchases

    President Cristina Kirchner has revealed that her government will introduce a new credit scheme for buying new cars, in a bid to arrest the decline in the automotive industry since the start of 2014.

  • 23/06/2014 | Argentina

    Gov’t asks Griesa for a stay on debt ruling

    Economy Minister Axel Kicillof briefed the press on the content of Argentina’s formal presentation to Judge Griesa today. “We are asking judge Griesa for a suspension of his ruling in order to start a dialogue in fair, equitable and legal conditions, without breaking our commitments with bondholders who joined the debt restructuring,” the Minister said.

  • 24/06/2014 | Argentina

    ProCreAuto seeks 700,000-unit production goal

    Cabinet Chief Jorge Capitanich praised the new credit scheme for buying new cars unveiled yesterday by the President, saying it will “stimulate production levels to reach the goal of 700,000 units”.

  • 24/06/2014 | Argentina

    Argentina takes anti-vulture funds ad campaign to European media

    Three days after publishing in the Wall Street Journal an ad questioning vulture funds in their 1.3 billion dollar dispute with the country, the government stepped up its pressure against bondholders that rejected the 2005 and 2010 debt swaps.

  • 24/06/2014 | Argentina

    ‘Blue’ dollar climbs after fall-back, official steady

    The US dollar closed unchanged in banks and exchange offices in BA City, trading at 8.15 pesos. In the informal market, the “blue” dollar jumped 20 cents to 12 pesos, after a 60-cent fall back yesterday.

  • 24/06/2014 | Argentina

    UNASUR expresses solidarity with Argentina over debt dispute

    The Union of Southern Nations (UNASUR) expressed its solidarity with Argentina after US Supreme Court decision to dismiss the country’s appeal in its legal dispute with holdout hedge funds, rejecting “the behaviour of speculative agents that endager the agreements reached between debtors and creditors”.

  • 24/06/2014 | Argentina

    'Vulture funds' want Argentine stay plea rejected by Griesa

    Hedge fund NML Capital have dismissed the Argentine government's request to reestablish a stay on payments to the so-called 'vulture funds', and called on New York judge Thomas Griesa to reject the plea.

  • 25/06/2014 | Argentina

    Kicillof to 'raise awareness' on anti-debt restructuring rulings at United Nations

    Cabinet Chief Jorge Capitanich referred to the economy minister's presentation at the G77 and China meeting in New York today, saying Argentina will seek to “raise awareness” about the impact of legal decisions in debt restructuring processes.

  • 25/06/2014 | Argentina

    Gov’t warns pharmaceuticals of sanctions for price hikes

    Cabinet Chief Jorge Capitanich warned pharmaceutical companies to keep their prices at the levels in force on May 7, as established by the Trade Secretariat in its 90/2014 resolution. “All necessary measures will be taken to guarantee the protection of medicine prices for consumers,” he said.

  • 25/06/2014 | Argentina

    US dollar trades steady at 8.15 pesos; ‘blue’ dollar climbs to 12.05 pesos

    The US dollar traded steady at Buenos Aires City banks and foreign exchange offices and closed at 8.15 pesos. In the meantime, the so called "blue" dollar climbed 5 cents to 12.05, pushed up by a stock exchange rate hike.

  • 25/06/2014 | Argentina

    Gov’t to inform the Court on railway system

    Asked about a Supreme Court’s demand for “railway passengers to be treated in a dignified way,” the cabinet chief said the request is “in accordance with the government’s efforts” and that a comprehensive report on the matter will be delivered to the Court.

  • 25/06/2014 | Argentina

    Kicillof addresses UN: 'Argentina wants to pay, but they won't let us'

    Argentina's Economy Minister Axel Kicillof was adressing the United Nations today over the nation's "vulture funds" dispute. "We want to pay but they won't let us," he said in reference to US courts' rulings.

  • 25/06/2014 | Argentina

    US Council on Foreign Relations bashes Supreme Court ruling: 'It will diminish national sovereignty'

    The Council on Foreign Relations, one of the most influential private organizations in US Foreign Policy, questioned the country’s Supreme Court for rejecting Argentina’s appeal in its legal dispute with the so-called vulture funds, saying the ruling will "diminish national sovereignty".

  • 26/06/2014 | Argentina

    Gov’t optimistic about industrial recovery

    The government relies on its stimulus packages to reverse the downward trend of industrial output, which registered a 3.89 percent plunge in the first semester of the year. “All measures are in place for a favourable trend in the second semester,” Cabinet Chief Jorge Capitanich said.

  • 26/06/2014 | Argentina

    Argentina renews Malvinas claim before UN Committee

    Foreign Minister Héctor Timerman reiterated Argentina’s claim on Malvinas islands before the United Nation’s Decolonization Committee today in New York and rejected the British “pillaging of natural resources of Argentine Sea”.

  • 26/06/2014 | Argentina

    US dollar steady at 8.15 pesos, 'blue' dollar stable at 12.05 pesos

    The US dollar traded steady at BA City banks and foreign exchange offices, closing at 8.15 pesos. In the illegal market, the so called "blue" dollar traded stable and closed at 12.05 pesos.

  • 26/06/2014 | Argentina

    Teamsters agree on 33% wage raise, call off strike

    After several warnings of “wildcat strikes”, the teamster union led by Pablo Moyano said an agreement has been reached with corporate representatives for a 33% salary raise and called off the announced 48-hour nationwide walk-out.

  • 26/06/2014 | Argentina

    Government makes debt payment on restructured bonds, blasts Washington for judicial rulings

    Economy Minister Axel Kicillof held a press conference to announce the government has made a payment of 1 billion dollars in New York, serving its debt commitments with creditors that accepted the 2005 and 2010 swaps.

  • 26/06/2014 | Argentina

    'Argentina pays,' President CFK tweets

    Following the announcement made earlier by Economy Minister Axel Kicillof who informed the government had paid more than a billion dollars to exchange bondholders today, Preisdent Cristina Fernandez de Kirchner used her Twitter account to say "Argentina pays."

  • 26/06/2014 | Argentina

    ‘Vulture fund’ asks for hearing with Griesa over Argentinean ‘payment violation’

    NML Capital has asked NY Judge Thomas Griesa for a hearing to address the violation of his Court’s order, after Economy Minister Axel Kicillof announced the government has made a payment of 1 billion dollars in New York, serving its debt commitments with creditors that accepted the 2005 and 2010 swaps.

  • 25/06/2014 | Argentina

    Kicillof asks for ‘equal conditions’ in negotiations with vulture funds in UN meeting

    Economy Minister, Axel Kicillof addressed today before a United Nations panel in New York, and explained the consequences of Judge Thomas Griesa ruling, while warning the country “could face a technical default” next Monday, if the sentence remains firm.

  • 25/06/2014 | Argentina

    Mediator Pollack: ‘No agreement yet’ with vulture funds

    Special Master Daniel Pollack, the person appointed by US Judge Thomas Griesa to mediate in negotiations between Argentina and vulture funds, affirmed that “no agreement has been achieved yet.”

  • 26/06/2014 | Argentina

    Vulture dispute: Gov't celebrates ‘categorical, broad’ international support for Argentina

    Cabinet Chief Jorge Capitanich praised the “clear, categorical and broad” support for Argentina’s stance in its dispute with vulture funds from 133 countries and specialized international media. “Argentina has reason on its side,” he stated.

  • 27/06/2014 | Argentina

    Gov't publishes legal notice to inform about payment to swap bondholders

    The government today published a legal notice on leading media outlets of Argentina, to inform about the 539 million deposit the government made yesterday in the Bank of New York to pay swap bondholders, as it was announced by Economy Minister Axel Kicillof.

  • 27/06/2014 | Argentina

    Russian President Putin to visit Argentina in July

    Russian president Vladímir Putin today announced he will visit Buenos Aires in July as part of a broader Latin American trip and will meet with his Argentine counterpart Cristina Fernández de Kirchner.

  • 27/06/2014 | Argentina

    'Blue' climbs 10 cents to 12.15 pesos as official rate steadies

    Amid soaring expectations about negotiations between Argentina and vulture funds in New York today, greenbacks in the informal market climbed 10 cents to close at 12.15 pesos. The US dollar official rate, meanwhile, traded steady at 8.15 pesos.

  • 27/06/2014 | Argentina

    US Judge Griesa says bank should return Argentine bond payment; urges to go back to negotiating table

    US Judge Thomas Griesa today called Argentina's decision to make a sovereign debt payment in defiance of a court order an "explosive action" and told Bank of New York Mellon to return the money to the government. In a hearing today held in New York, Griesa told lawyers representing Argentina and BNY Mellon that any attempt to make payment to bondholders without complying with his court is illegal.

  • 27/06/2014 | Argentina

    Shares slip after hearing in New York

    Shares rebounded from a previous fall after US Judge Thomas Griesa today decided not to place an embargo on the amount Argentina had deposited in the Bank of New York.

  • 23/06/2014 | Argentina

    INDEC: GDP contracts 0.2% at start of year

    The National Statistics and Census Institute (INDEC) has revealed that Argentina's Gross Domestic Product fell 0.2 percent in the first three months of 2014, compared to the same period last year.

  • 24/06/2014 | Argentina

    Gov’t awaits Judge Griesa’s decision on stay request

    The government awaits Judge Griesa's decision after it requested him to issue a stay on the ruling that orders Argentina to pay all bondholders at the same time, Cabinet Chief Jorge Capitanich has said.

  • 27/06/2014 | Argentina

    Gov't acusses US Judge Griesa of ‘abuse of authority’ and ‘attempt to provoke a default’

    In an official press release, the federal government stated US Federal Judge Thomas Griesa attempted to “block the payment for bondholders” and committed an abuse of authority, after cancelling the deposit made to bondholders in a Bank of New York account.

  • 29/06/2014 | Argentina

    BA City Mayor’s sister dies at 53

    Sandra Macri, BA City Mayor Mauricio Macri’s sister, died last night at 53, after a long battle against cancer, local media reported.

  • 29/06/2014 | Argentina

    OAS Council meets over Argentina’s hedge funds dispute

    The OAS Council called for a special meeting today to consider an Argentinean request to convene a meeting of consultation of ministers of foreign affairs for Thursday to discuss the country’s sovereign debt restructuring and its consequences.

  • 29/06/2014 | Argentina

    De la Rúa: ‘The mega-swap was not bad for the country’

    Amid the government’s complex negotiations with the holdout hedge funds, former President Fernando De la Rúa said the “mega-swap” (megacanje) –an operation made in 2001 to delay the deadline of different debts for which De la Rúa was later indicted for fraud- “was not bad for the country”.

  • 30/06/2014 | Argentina

    Gov’t reiterates willingness to negotiate, rejects ‘technical default’

    Cabinet Chief Jorge Capitanich rejected the use of the term “technical default” in Argentina’s legal battle against the so-called vulture funds, saying the country “regularly meets its obligations”. He described Judge Thomas Griesa’s ruling as “unprecedented” since it prevented bondholder from being paid.

  • 30/06/2014 | Argentina

    ‘Boudou, Macri treated unequally by media and opposition leaders’

    Cabinet Chief Jorge Capitanich said that the judicial situation of the Vicepresident Amado Boudou is the same as that of BA City Mayor Mauricio Macri, both of them are indicted in criminal cases but he pointed out that the media and opposition leaders give “inequitable, unequal treatment” to the cases.

  • 30/06/2014 | Argentina

    US dollar trades steady at 8.15 pesos, ‘blue’ dollar falls back to 12.10 pesos

    The US dollar trades unchanged at 8.15 pesos, in the beginning of a week when news on the government’s negotiation with holdout hedge funds are expected. Meanwhile, in the informal market, the so-called "blue" dollar falls back five cents, trading at 12.10 pesos.

  • 30/06/2014 | Argentina

    Nobel laureate Pérez Esquivel urges Griesa to 'reflect on the debt'

    Argentine Nobel Peace Prize Laureate Adolfo Pérez Esquivel said he has sent a letter to US Judge Thomas Griesa who ruled against Argentina in its case against “holdout” creditors, urging him to “reflect on the debt”.

  • 30/06/2014 | Argentina

    CFK to visit flooded Argentine North-east

    The President Cristina Fernández de Kirchner will visit “in the following hours or days” the areas affected by floods in the northeastern provinces of Misiones and Formosa, Cabinet Chief Jorge Capitanich has announced at Government House.

  • 30/06/2014 | Argentina

    NML Capital: 'Argentina has refused to negotiate'

    NML Capital holdout investors in Argentine sovereign debt said they have not met with the government to negotiate a settlement on defaulted debt, and accused the government of refusing to enter talks.

  • 30/06/2014 | Argentina

    CFK inaugurates General Paz avenue's expansion

    The President cut the inaugural ribbon of the new 5-kilometer expansion of General Paz Avenue, accompanied by BA province governor Daniel Scioli and BA City Cabinet Chief Horacio Rodríguez Larreta.

  • 30/06/2014 | Argentina

    OAS calls for 'urgent' meeting to discuss Argentina's legal battle against vulture funds

    The Organization of American States (OAS) called member countries for an “urgent” meeting of consultation for Thursday to discuss Argentina’s sovereign debt restructuring. Secretary General José Miguel Insulza expressed his solidarity with Buenos Aires over its vulture funds dispute.

  • 30/06/2014 | Argentina

    Eurobonds holders ask Griesa for an exemption on funds block

    Holders of Argentina Eurobonds asked US Judge Thomas Griesa for an emergency ruling to help them recover the funds deposited in the Bank of New York Mellon by the government last Thursday that the judge ordered to be returned to the country.

  • 30/06/2014 | Argentina

    INDEC: April economic activity down 0.5%

    The National Statistics and Census Institute (INDEC) revealed today that economic activity in April contracted 0.5 percent compared to the same month last year, while failing to halt the slide towards recession seen since the end of 2013.

  • 30/06/2014 | Argentina

    Argentina to send delegation to 'vulture fund' negotiations

    The Economy Ministry has announced that it has chosen a delegation to travel to the United States in order to negotiate with hedge funds who refused to take part in debt restructuring, as part of the mediation imposed by New York judge Thomas Griesa.

  • 01/07/2014 | Argentina

    CFK heads Perón's 40th death anniversary ceremony

    Ms. Kirchner led a ceremony marking the 40th anniversary of late former president Juan Domingo Perón’s death. The head of state delivered a speech in homage of “popular Latin American leaders of the 20th century” honouring historic figure of the Radical Party Hipólito Yrigoyen as well.

  • 01/07/2014 | Argentina

    Gov't 'working' on vulture talks’ details

    Cabinet Chief Jorge Capitanich said that the government is working on the Argentine delegation to travel to New York on Monday to meet with Judge Thomas Griesa and the holdout investors’ representatives. Capitanich said the names of those appointed to begin negotiations will be announced in the course of the week.

  • 01/07/2014 | Argentina

    US dollar trades steady at 8.15 pesos, ‘blue’ dollar falls back to 12.05 pesos

    The US dollar closed steady at 8.15 pesos, while the so called “blue” dollar fell back 10 cents to 12.10 pesos in the informal market.

  • 01/07/2014 | Argentina

    BA Governor Scioli confident about vulture funds negotiations

    Buenos Aires province Governor Daniel Scioli expressed his optimism that negotiations with holdout hedge funds will be successful and said they “will be very good for Argentina.”

  • 01/07/2014 | Argentina

    Heavy fog causes traffic delays in Buenos Aires

    A thick fog disturbed air and road traffic in Buenos Aires this morning again, as it has for the past days. At Ezeiza and Aeroparque Jorge Newbery airports several flights were affected, with cancelations and delays expected to continue at least until noon.

  • 01/07/2014 | Argentina

    CFK announces aid for flood victims

    President Cristina Fernández Kirchner announced that special aid will be extended to those affected by the floodings in the northeast of the country, in Corrientes, Misiones, Chaco and Formosa provinces.

  • 01/07/2014 | Argentina

    Energy secretary Daniel Cameron resigns

    Energy secretary, Daniel Cameron resigned today, after serving in office for more than 11 years.

  • 01/07/2014 | Argentina

    Tax revenue up 35% in June to $10.1B

    June’s tax revenue rose to 10.1 billion pesos, or 35.5 percent in comparison to the same period last year, AFIP tax bureau head Ricardo Echegaray revealed earlier today.

  • 02/07/2014 | Argentina

    Gov't comitted to negotiate with holdout hedge funds

    Cabinet Chief Jorge Capitanich reiterated once again Argentina’s willingness to pay all of its creditors and neither confirmed nor denied the possibility to pay holdout hedge funds with bonds, as suggested yesterday by an Elliot Management representative.

  • 02/07/2014 | Argentina

    Gov't to deliver aid to over 14,000 flooding victims

    ANSES social security agency’s director Diego Bossio added details to the announcement made by President Cristina Fernández de Kirchner yesterday concerning the special aid to be extended to flooding victims in the northeast of the country. Over 14,000 welfare recipients will benefit from the government’s assistance.

  • 02/07/2014 | Argentina

    US dollar unchanged at 8.15 pesos; 'blue' dollar down at 12

    The US dollar traded unchanged at Buenos Aires City banks and foreign exchange offices at 8.15 pesos. Meanwhile, in the informal market, the so-called “blue” dollar went down 5 cents and closed at 12 pesos.

  • 02/07/2014 | Argentina

    Economist Roubini warns VF should not be allowed to 'block' country's restructurings

    The economist famous for predicting the 2008 financial crisis has analyzed Argentina’s current dispute against vulture funds warning “holdouts must not be permitted to block orderly restructurings that benefit debtors and creditors.”

  • 01/07/2014 | Argentina

    'Vulture funds': Repsol, Paris Club models for Argentine agreement

    One of the hedge funds involved in the lawsuit against the Argentine government over unrestructured debt has said the agreements reached with Spanish petrol conglomerate Repsol and the Paris Club are good examples for the basis of an eventual pact.

  • 02/07/2014 | Argentina

    Buenos Aires, Neuquén confirm payment to bondholders in NY

    Argentine provinces of Buenos Aires and Neuquen confirmed they will meet their foreign debt’s deadlines at the end of the month despite the government’s risk of default after US Judge Griesa blocked the funds deposited for restructured bondholders.

  • 03/07/2014 | Argentina

    OAS supports Argentina position against hedge funds

    The Organisation of American States (OAS) voted today to support Argentina’s position against holdout investors, as well as expressing concern over what the entity called "the behaviour of speculative agents that affect global financial stability."

  • 03/07/2014 | Argentina

    Kicillof confirms Pollack meeting without holdouts

    Economy minister Axel Kicillof has confirmed that Argentina would enter talks with mediator Daniel Pollack over the legal battle currently raging between the nation and holdout investors known as 'vulture funds', while clarifying that those hedge funds would not be present.

  • 04/07/2014 | Argentina

    Capitanich: 'US judiciary is not independent from vulture funds'

    Cabinet Chief Jorge Capitanich came on stage today to say that “considering a technical default is a manoeuvre from the New York judge but not from the Argentine Republic.”

  • 04/07/2014 | Argentina

    Government announces 4% hike in Price Watch programme products

    Economy Minister Axel Kicillof and Domestic Trade Secretary Augusto Costa announced an average price hike of 4% in products that are part of the government-fueled Price Watch programme, as of next Monday.

  • 04/07/2014 | Argentina

    US dollar steadies amid fewer operations

    The US dollar today remained steady and closed at 8.15 pesos in banks and exchange offices amid fewer operations due to the Independence Day holiday in the United States.

  • 02/07/2014 | Argentina

    Randazzo receives new Sarmiento train stock

    Interior and Transport Minister Florencio Randazzo headed today the reception of eight new train formations at the Buenos Aires port, aimed to replace old carriages on the suburban Sarmiento line.

  • 03/07/2014 | Argentina

    'Blue' dollar trades lower at 11.95 pesos

    The so called "blue" dollar, which trades in the informal market, was five cents lower today and closed at 11.95 pesos, as operators were awaiting for the outcome of the government's negotiations with holdouts.

  • 06/07/2014 | Argentina

    SMN issues strong winds, rainfall alert

    The National Meteorological Service (SMN) has issued an alert for strong winds and downpours today in central, south and eastern Buenos Aires province.

  • 06/07/2014 | Argentina

    Regional ambassadors to the UN back Argentina in vulture funds battle

    Latin American ambassadors to the United Nations (UN) showed their support to Argentina in its dispute against holdout hedge funds. They agreed that the so-called vulture funds are a risk to debtor nations and that they pose a threat to the region.

  • 06/07/2014 | Argentina

    CFK advised to rest up to Independence Day

    President Cristina Fernández de Kirchner, forced to call off all official activities last week following a "pharyngeal laryngitis condition", has been advised by her medical team to remain at Olivos Presidential Palace up to Wednesday, missing Independence Day celebrations.

  • 07/07/2014 | Argentina

    Kicillof requests 'stay' reinstatement during Pollack meeting

    Economy Minister Axel Kicillof today held a meeting that lasted almost four hours with the Special Master appointed by US Judge Thomas Griesa, Daniel Pollack, and requested that an injunction allowing Argentina to pay bondholders be reinstated while negotiations with holdouts developed.

  • 07/07/2014 | Argentina

    'No third party judge is entitled to prevent bondholders from receiving payment'

    Cabinet Chief Jorge Capitanich said Argentina is determined to “hamper the actions of any external agent” working to prevent bondholders from being paid and referred to a advert published in local and international newspaper to reassure bondholders of the government’s willingness to pay.

  • 07/07/2014 | Argentina

    Bank workers confirm strike, ignore conciliation

    Leader of the Bank Workers' union Sergio Palazzo has confirmed that employees in the sector would stage a nationwide strike, despite orders from the Labor Ministry for mandatory conciliation talks.

  • 07/07/2014 | Argentina

    US dollar up to 8.16 pesos; ‘blue’ dollar steady at 11.95 pesos

    The US dollar closed up one cent today at Buenos Aires City banks and foreign exchange offices, trading at 8.16 pesos. In the informal market, the so-called “blue” dollar remained below the 12 pesos mark, trading at 11.95 pesos.

  • 07/07/2014 | Argentina

    Police clash with protestors in General Paz Avenue picket

    Violence broke out at General Paz Avenue near Miguelete train station as the police tried to lift a picket set earlier this morning by Tecnología Avanzada en Transporte SA (TATSA) and Emprendimientos Ferroviarios (EMFER) workers. The traffic flow has been restored.

  • 07/07/2014 | Argentina

    Israeli ambassador calls for 'thorough' investigation of Iranian link in AMIA, Embassy bombings

    Israeli ambassador to Argentina, Dorit Shavit, called for a “thorough” investigation of the Iranian link in the AMIA Jewish community building and Israel Embassy bombings in the 90s.

  • 07/07/2014 | Argentina

    Low water level in Río de la Plata river causes supply cuts

    Several areas of Buenos Aires City and Greater Buenos Aires area suffered water supply cuts and low pressure today due to an extraordinary low water level in Río de la Plata River, the main source of the AySA water company.

  • 07/07/2014 | Argentina

    Vulture funds 'open to compromise' with Argentina

    Elliott Management portfolio manager Jay Newman has revealed that the hedge fund would be willing to give the Argentine government more time to negotiate following the nation's reverse in the US Supreme Court, while criticising Economy minister Axel Kicillof for not meeting with the so-called 'vulture funds'.

  • 08/07/2014 | Argentina

    ‘Argentina is going through a transition to solve its energy-related problems’

    Cabinet Chief Jorge Capitanich recognized the impact of energy subsidies in the State’s fiscal health but he stressed that Argentina is going through a transition period in order to solve problems caused by energy imports needed for economic growth.

  • 08/07/2014 | Argentina

    With few market operations, 'blue' trades steady at 12 pesos

    With only a handful of operations registered in the parallel market due mainly to a 24-hour strike by bank workers affecting the service nationwide, the so called “blue” dollar climbed five cents to close at 11.90 pesos for buyers and 12 pesos for sellers.

  • 08/07/2014 | Argentina

    Luxembourg's Clearstream Clearing House asks Griesa to allow eurobonds payment

    Holders of Argentine bonds held through Luxembourg’s Clearstream Clearing House joined Belgian bondholders in their demand to US Judge Thomas Griesa for an emergency ruling to help them recover the funds deposited in the Bank of New York Mellon by Argentina, blocked by the Judge.

  • 08/07/2014 | Argentina

    US Kerry congratulates Argentina on Independence Day, wishes good luck in WC

    US Secretary of State John Kerry congratulated the people of Argentina on the country’s Independence Day on July 9 and wished the national team good luck in Brazil’s World Cup.

  • 09/07/2014 | Argentina

    VP Boudou warns economic powers won't 'trample' Gov't

    Vicepresident Amado Boudou arrived in San Miguel de Tucumán to head the official Independence Day celebration and renewed his call against colonialism, in reference to the country’s battle against the so-called vulture funds and to Britain’s presence in the South Atlantic and Malvinas islands.

  • 09/07/2014 | Argentina

    Macri heads City's Independence Day ceremony

    The BA City Mayor Mauricio Macri headed the flag raising ceremony at Plaza de Mayo square at the country’s 198th Independence Day celebrations.

  • 10/07/2014 | Argentina

    Gov’t: ‘There is no possibility of default’

    Amid an escalating rethoric war between the government and holdout hedge funds in local and international newspapers, Cabinet Chief Jorge Capitanich bluntly rejected the latest ad published by the American Task Force Argentina (ATFA) and reiterated the country's ability and willingness to pay.

  • 10/07/2014 | Argentina

    Capitanich praises gov't response to labour protests

    After a wave of disapproval by pro-government groups and political leaders for the repression of labour protests earlier this week, the Cabinet Chief Jorge Capitanich highlighted the government's efforts to “promote dialogue” and warned about “radicalized opposition groups” that seek to alter “society’s normal functioning.”

  • 10/07/2014 | Argentina

    VP Amado Boudou files appeal against corruption indictment

    The Vicepresident Amado Boudou has filed an appeal against his indictment in the Ciccone corruption probe as his lawyers had vowed weeks ago after Federal Judge Ariel Lijo accused him of alleged bribery and influence peddling.

  • 10/07/2014 | Argentina

    CFK scheduled to meet Argentine squad and Putin next week

    After recovering from her medical rest following a bout of laryngitis, President Cristina Fernández de Kirchner will receive the Argentine squad next week, after the World Cup final to be disputed against Germany on Sunday at the Maracaná Stadium in Río de Janeiro.

  • 10/07/2014 | Argentina

    JP Morgan writes letter to US Judge Griesa, asks for payment to Japanese bondholders

    JP Morgan bank, the entity responsible for the payment to Argentina's Japanese bondholders has sent a letter to US Federal Judge Thomas Griesa, requesting “a clarification” in order to deliver the funds to its creditors.

  • 11/07/2014 | Argentina

    No resolution reached between Argentine officials, debt holdouts

    Argentine officials and holdout investors met separately with the court-appointed mediator for five hours today, presenting their cases in hopes of resolving a default dispute that has dragged on for over 12 years.

  • 09/07/2014 | Argentina

    ‘Negotiations are on right track’, Foreign minister Timerman says

    Foreign Minister Héctor Timerman assured today “negotiations with ‘vulture funds’ are on the right track,” in his first reaction since the meeting between Argentina’s representatives and mediator Daniel Pollack, appointed by US Federal judge Thomas Griesa to lead the talks in New York.

  • 11/07/2014 | Argentina

    US dollar jumps to 8.17 pesos, 'blue' lower at 11.90 pesos

    The US dollar traded one cent higher in Buenos Aires City banks and foreign exchange offices today, closing the week with a two-cent climb. Greenbacks in the informal market, meanhwile, where dropped ten cents to 11.90 pesos.

  • 11/07/2014 | Argentina

    PM Renzi highlights ties between Italy and Argentina amid holdouts dispute

    In a letter addressed to President Cristina Fernández de Kirchner and sent today, Italian Prime Minister Matteo Renzi expressed his support to Argentina in the dispute with holdouts.

  • 11/07/2014 | Argentina

    CFK invites Latin American leaders to dinner with Putin

    President Cristina Fernández de Kirchner invited Bolivian president Evo Morales, Uruguay leader José Mujica and Venezuela’s Nicolás Maduro to participate in a special dinner after her meeting with the Russian head of state, Vladimir Putin.

  • 13/07/2014 | Argentina

    Costa: Russia links prove Argentina is not isolated

    Domestic Trade secretary Augusto Costa has revealed his delight at the visit of Russia president Vladimir Putin to Argentine soil, affirming that his presence and meeting with President Cristina Fernández de Kirchner proves that Argentina is not isolated in world politics.

  • 11/07/2014 | Argentina

    Holdout creditor says Argentina not negotiating

    The Elliott Management Corp representative emerged from five hours of meetings with a court-appointed mediator today saying the government still refuses to have a negotiation 12 years after its historic default.

  • 14/07/2014 | Argentina

    Gov’t expects Congress to pass pensions moratorium

    The Cabinet Chief Jorge Capitanich said the government is expecting the Congress to pass the bill sent last month by President Cristina Fernández de Kirchner to implement a moratorium on pensions, as a main part of federal stimulus to encourage economic activity in the second semester.

  • 14/07/2014 | Argentina

    ‘Blue’ dollar climbs to 12 pesos, US dollar steady at 8.17 pesos

    The so-called “blue” dollar rises by ten cents to 12 pesos in the parallel market, while the US dollar trades unchanged at Buenos Aires City banks and foreign exchange offices at 8.17 pesos.

  • 14/07/2014 | Argentina

    'Vulture fund' asks Argentina to start immediate negotiations

    Aurelius Capital Management, the hedge fund that is one of the principal holdout investors of Argentine debt, signalled today that the nation's government faces a new crisis on June 30 if they do not enter into negotiations with the so-called 'Vulture Funds'.

  • 15/07/2014 | Argentina

    'Multilateral credit organisms have become a mechanism of extortion of powerful countries'

    As the President travels to Brasilia to attend the BRICS summit, where emerging economies are discussing the creation of the New Development Bank, Cabinet Chief Jorge Capitanich praised the initiative: “We need development banks to work as tools for infrastructure financing, […] not as mechanisms of extortion”.

  • 15/07/2014 | Argentina

    Gov’t to extend provinces’ debt agreement

    The federal government agreed to an extension of the agreement over provincial debts maturity, the Cabinet Chief Jorge Capitanich said.

  • 15/07/2014 | Argentina

    Capitanich urges business leaders to agree with UTA to prevent strike

    To prevent the indefinite strike announced by UTA transport worker’s union for the beggining of winter holidays on Monday, the Cabinet Chief Jorge Capitanich urged business leaders to sign and comply with an agreement

  • 15/07/2014 | Argentina

    US dollar steady, 'blue' climbs to 12.10 pesos

    Greenbacks in the informal market jumped ten cents to 12.10 pesos today with traders waiting for news about negotiations between Argentina and bondholders in New York.

  • 15/07/2014 | Argentina

    Judge Bonadío postpones Boudou's hearing

    Federal Judge Claudio Bonadío granted Vicepresident Amado Boudou’s request to postpone a hearing in the criminal probe he faces for alleged irregularities in the purchase of an Honda CRX vehicle in 1992.

  • 16/07/2014 | Argentina

    ‘Argentina has not defaulted, it will not default, Argentina pays”

    Cabinet Chief Jorge Capitanich bluntly rejected once again any possibility of Argentina falling into default and reiterated the government’s willingness to negotiate, in response to a new ad published in local newspapers.

  • 16/07/2014 | Argentina

    Gov’t praises price index ‘declining trend’

    Cabinet Chief Jorge Capitanich described as “positive” the “declining trend” showed by the official National Urban Price Consumer Index (IPCNU) saying it “can be secured in time.”

  • 16/07/2014 | Argentina

    ‘Blue’ climbs to 12.20 pesos, US dollar steady at 8.17 pesos

    The so-called “blue” dollar went up for the third day in a row today, by 10 cents, to 12.20 pesos in the parallel market. Meanwhile, the US dollar traded unchanged at Buenos Aires City banks and foreign exchange offices and closed at 8.17 pesos.

  • 16/07/2014 | Argentina

    US Judge Griesa calls for new hearing over Argentine debt case

    US District Judge Thomas Griesa in New York today said he would hear arguments on July 22 related to the banks and payment agents caught up in the Argentine sovereign debt case.

  • 16/07/2014 | Argentina

    Primary fiscal surplus grows 84.5% in May

    Argentina’s primary fiscal surplus reached 3.08 billion pesos in May, representing an increase of 84 percent over the same month a year earlier, the Economy Ministry revealed today. 

  • 17/07/2014 | Argentina

    'It is vulture funds that act in bad faith’

    The Cabinet Chief Jorge Capitanich reiterated that Argentina has not defaulted and rejected the possibility of a future default. He stressed that the government honours its commitments in good faith, unlike the so-called vulture funds, whom he accused of going after the resource-rich Vaca Muerta region.

  • 17/07/2014 | Argentina

    Gov't closely monitoring H1N1 cases in Misiones

    The government is closely monitoring the situation in the northern Misiones province, after the confirmation of 20 cases of the H1N1 virus yesterday, Cabinet Chief Jorge Capitanich said in his daily press briefing.

  • 17/07/2014 | Argentina

    'Blue' dollar up to 12.25; US dollar steady at 8.17

    The “blue” dollar rose today by five cents to close at 12.25 pesos in the parallel market, boosted by winter vacations purchases. The US dollar continued to chart a steady path in Buenos Aires City banks and foreign exchange offices, trading at 8.17 pesos.

  • 18/07/2014 | Argentina

    Argentina to sign $11bn currency swap with China

    Cabinet Chief Jorge Capitanich said the bilateral currency swap agreed with the Asian giant accounts for u$s11 billion that will allow to give “stability” to Argentina’s international reserves.

  • 18/07/2014 | Argentina

    AMIA authorities criticize Iran deal, urge gov't to 'double international complaints'

    Thomas Saieg, the vice president of AMIA Jewish community centre, the target of a terrorist attack which left 85 people killed back in 1994, demanded “a new trial as soon as possible to know what happened.”

  • 18/07/2014 | Argentina

    US dollar ends steady at 8.17 pesos, 'blue' at 12.25 pesos

    The US dollar remained unchanged at 8.17 pesos today in banks and exchange offices in Buenos Aires as the Central Bank continues its intervention in the forex market.

  • 18/07/2014 | Argentina

    Italian holdouts say solution 'in the hands of Argentina'

    The Italian chapter of Task Force Argentina (TFA), an organization which represents bondholders that did not accept the 2005 and 2010 debt swaps, urged the government to negotiate and warned it will keep on pursuing its interests until the last consequences.

  • 18/07/2014 | Argentina

    ‘We will promote balanced, stable trade between China and Argentina’

    Chinese Popular Republic President Xi Jinping affirmed today he will promote a “balanced” trade between his country and Argentina, in order to make the bilateral relationship “mutually beneficial.”

  • 19/07/2014 | Argentina

    Scioli visits Vaca Muerta shale gas deposit: ‘We should all be proud’

    Buenos Aires governor, Daniel Scioli visited today Vaca Muerta shale gas deposit in Nequén province, where he met with his par Jorge Sapag and YPF CEO Miguel Galuccio.

  • 20/07/2014 | Argentina

    CFK praises emergence of 'multipolar world' after last week's agenda

    The President Cristina Fernández de Kirchner used Twitter to comment on last week’s visit of Russia’s and China’s presidents and the BRICS-UNASUR. “It is time to value this magnificent opportunity that we have, in a world that becomes multipolar again,” she said. “It has been seven days of intense work”.

  • 20/07/2014 | Argentina

    Scioli optimistic about vulture funds talks

    The governor of Buenos Aires province, Daniel Scioli, expressed his optimism over Argentina’s talks with holdout hedge funds saying they “will be alright”. He also said he was confident about the country’s future: “A big development phase is coming in Argentina”.

  • 20/07/2014 | Argentina

    Government condemns Gaza, Israel violence

    The Argentine government has condemned the recent wave of violence which has hit Israel and the Palestinian region of Gaza, speaking out against the acts committed by both sides in a conflict that has already claimed hundreds of lives.

  • 21/07/2014 | Argentina

    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.

  • 14/07/2014 | Argentina

    Gov't reiterates willingness to join BRICS ahead of Brazil summit

    Ahead of the BRICS summit to be held in Fortaleza, Brazil, to which Argentina has been invited, Cabinet Chief Jorge Capitanich reiterated the government’s willingness to join the group of emerging economies but said “it is not just a matter of Argentine will”.

  • 13/12/2010 | Argentina

    Paris Club negotiations to have 2 phases, stimulate investment

    After the meeting held with Paris Club authorities, Economy Minister Amado Boudou said that the negotiation process would have two phases: the first will last through the third week of January and is conciliatory (payment amounts to be defined); the second is to formulate payment plans and has no closing date.

  • 15/03/2011 | Argentina

    CFK highlights poultry sector's growth

    President Cristina Fernández de Kirchner reported that Argentina has almost doubled the consumption of chicken between 2003 and 2011, as it has increased from 20 to 38 kilos per person, during the inauguration of the new plant of Gran Tres Arroyos Company in Pilar district, Buenos Aires province.

  • 18/03/2011 | Argentina

    Swiss prosecutors say Moyano not involved in money laundering probe; Oyarbide requests further information

    Federal Judge Norberto Oyarbide requested further details to Switzerland regarding an ongoing money laundering investigation. Ambassador Johanees Matyassi informed the Argentine government that the investigation is not tied to Moyano and his organization. BuenosAiresHerald.com received the same reply from Switzerland’s Attorney General’s office.

  • 18/03/2011 | Argentina

    GDP grows 9.2% in last quarter of 2010

    Argentina’s economy grew 9.2 percent during the last quarter of 2010 compared to the volume registered during the same period in 2009, according to an official report.

  • 01/04/2011 | Argentina

    Bond holders, Paris Club in Italian Foreign Minister's agenda

    After meeting with President Cristina Fernández de Kirchner, the Italian Foreign Minister, Franco Frattini unveiled his interest on finding a solution for the Italian bond holders of Argentine titles that were not part of the debt-swap and also how the negotiations between Argentina and the Paris Club continue.

  • 08/04/2011 | Argentina

    US State Department questions Argentine judiciary's independence

    The US State Department released its annual report on human rights around the world and questioned the Argentine judicial system’s independence along with a series of abuses carried out by police forces including deaths and torture claims.

  • 11/04/2011 | Argentina

    IMF: Argentina will grow 6% in 2011

    The LAC region has weathered the global recession well and must now contend with the policy challenges of managing two strong tailwinds—high commodity prices and strong capital inflows, the IMF reported today in its World Economic Outlook.

  • 11/04/2011 | Argentina

    IMF: Argentina set for stronger-than-expected rebound

    Strong demand in Brazil and Latin America have created the conditions for a stronger-than-expected economic rebound in Argentina, an International Monetary Fund official said.

  • 11/04/2011 | Argentina

    IMF mission presents local Gov't with suggestions on new CPI

    The International Monetary Fund delegation presented the Argentine authorities with a report that includes specific recommendations regarding the design and methodology needed to develop a new consumer price index on a national level, IMF authorities announced in Washington DC through a communiqué.

  • 29/03/2011 | Argentina

    In the wings with the Bolivarian showman

    Herald staff.- Venezuela’s President, Hugo Chávez, began his Latin American tour in Government House’s White Salon unpunctually yesterday morning, accompanied by his Argentine counterpart Cristina Fernández de Kirchner.

  • 14/04/2011 | Argentina

    EU threatens to file lawsuit against Argentina over 'protectionism'

    The European Union’s top trade negotiator, Karel de Gucht, accused Argentina of being “the great obstacle” in an association agreement between the EU and the Mercosur, and threatened to take the case before the WTO.

  • 15/04/2011 | Argentina

    IMF: 'We haven't received an Argentine response over inflation recommendations'

    By Liliana Franco, from Washington DC.- IMF Western Hemisphere Director Nicolas Eyzaguirre said the organisation has not yet received any official communication from the Argentine government regarding the IMF's recommendations over its inflation index.

  • 15/04/2011 | Argentina

    G20, IMF reflect Argentina’s position

    By Liliana Franco, from Washington DC.- Argentina’s envoy is satisfied because, according to them, the IMF and the G20 are presenting measures that the country has applied in the past, when it was lonely and harshly criticized directly or indirectly by several countries. Economy Minister Amado Boudou highlighted in Washington the paradigm change that is being discussed in the G20 and in the IMF.

  • 15/04/2011 | Argentina

    Boudou: 'We'll work to keep on growing'

    By Liliana Franco, from Washington DC.- “We have a mature relationship with the IMF, we can sit down and express what we think,” Economy Minister Amado Boudou said referring to the current relationship between Argentina and the organization.

  • 26/04/2011 | Argentina

    Vélez crush Liga in Liniers

    The leader of the local Clausura Tournament, Vélez Sársfield, thrashed Ecuador’s Liga Deportiva Universitaria 3-0 in the first leg of the pre-quarter finals of the Libertadores Cup. This result helps Gareca’s team to be calmed for the second leg to be played in Quito next week.

  • 04/05/2011 | Argentina

    Argentina manufactures last generation nanochips

    A team of argentine engineers developed a nanochip capable of optical fiber communications of 40 gigabits per second, an equivalent of ten thousand high definition television channels.

  • 16/05/2011 | Argentina

    Brazil and Argentina to start negotiations over trade dispute

    Débora Giorgi will meet the Brazilian Ambassador Enio Cordeiro to address the bilateral trade between the two nations. The Brazilian decision to restrict the imports of Argentine automobiles is the core discussion.

  • 18/05/2011 | Argentina

    Gov't 'will not negotiate with Brazil if it endangers one single job position'

    The Government assured that Argentina will not be engaged in any negotiations that could effectively leave a single Argentine citizen without a job and will not allow local small or medium sized business to decrease their growth. 

  • 18/05/2011 | Argentina

    Gov't addresses Strauss-Khan scandal, urges 'not to rush into picking new IMF leader'

    The National Government finally decided to comment on the controversy surrounding IMF head Dominique Strauss-Khan since he was accused of sexual harassment last week. Economy Minister Amado Boudou said “discussing a probable successor would not be appropriate now."

  • 19/05/2011 | Argentina

    Timeline: Worst air accidents in Argentina

    With more than 80 deaths, the 1999 LAPA tragedy remains the worst air catastrophe in Argentine history.

  • 19/05/2011 | Argentina

    'Best way to cool soaring food prices is to boost output,' Gov't says during G20 Workshop

    The best way to cool soaring food prices is to boost output, the Government said, following talks on a French proposal for increased regulation of commodity markets.

  • 20/05/2011 | Argentina

    Economy grows 7.8% in March, Indec report shows

    Indec statistics bureau reported the Argentine economy grew 7.8 percent in March against the same month of 2010, and advanced 0.5 percent compared to the previous month.

  • 20/05/2011 | Argentina

    Indec: Industrial output grows 8% in April

    Argentina’s industrial output has recorded a 9 percent annual growth in the first trimester, and an 8.2 percent growth in April compared to the same month of 2010, according to a report released by Indec statistics bureau.

  • 13/05/2011 | Argentina

    Foreign tourism climbs 16.5% in March

    The amount of tourists that arrived in Argentina during March increased 16.5 percent compared to the same month of 2010, according to a government report.

  • 25/05/2011 | Argentina

    Brazil regrets not reaching a trade deal but denies crisis with Argentina

    Brazilian Industry Secretary Alessandro Teixeira said that no progress has been made regarding the trade impasse over the Brazilian importation prohibition of Argentinean cars and auto parts, but denied any crisis with Argentina.

  • 30/05/2011 | Argentina

    'Argentina and Mexico have never had such a close relationship,' CFK

    President Cristina Fernández de Kirchner met her Mexican counterpart Felipe Calderón at the Los Pinos presidential residence in Mexico City, where the Head of State praised the partnership between both countries and said that "Latin America has a very important role to play in the history of the 21st century."

  • 30/05/2011 | Argentina

    Merval drops

    Merval benchmark stock index edged down 0.64 percent, to 3,244.79 points. Meanwhile, Argentina's country-risk went down 0.83 percent to 595 basis points in the JP Morgan EMBI index.

  • 02/06/2011 | Argentina

    CFK attends celebratory dinner hosted by President Napolitano

    President Cristina Fernández de Kirchner attended an exclusive concert and celebratory dinner hosted by Italian President Giorgio Napolitano at the Quirinale Palace in Rome. The Argentine head of State also met with Chilean President Sebastián Piñera for bilateral talks earlier in the day.

  • 02/06/2011 | Argentina

    Argentina, Brazil agree to accelerate bilateral trade

    Argentina and Brazil agreed to abide by the 60-day retention period applied to those products affected by non-tariff trade barriers, and accelerate trade in the agricultural sector, as a way of overcoming the barriers that both countries had imposed on each other and that had threatened a trade relationship that left a US$33 billion revenue per year.

  • 03/06/2011 | Argentina

    IMF candidate Carstens arrives to Argentina for talks with Boudou

    Mexico's central bank chief, Agustin Carstens, arrives to Buenos Aires today for talks with Economic Minister Amado Boudou, aiming to win crucial support in Argentina for his bid to the lead the International Monetary Fund.

  • 03/06/2011 | Argentina

    Brazil allows 11,700 Argentine cars imported in the country

    One day after the meeting between Industry Minister Débora Giorgia and her Brazilian counterpart, Fernando Pimentel, Brazil allowed 11,700 Argentine- made cars into the country that had been held at the border during the bilateral trade conflict between both nations. The cars are worth US$200 million.

  • 08/06/2011 | Argentina

    'Inflation in Argentina is a problem,' Hugo Moyano admits

    CGT labour confederation leader Hugo Moyano admitted that “inflation in Argentina is a problem.” He also said that, despite the several criminal cases open against him, he is not afraid of going to jail.

  • 10/06/2011 | Argentina

    CFK praises scientists during satellite launch

    President Cristina Fernández de Kirchner praised the “formidable effort and investment” that the government made to develop the countries’ scientific and technologic sectors as she participated from the Government House in the launching of the Argentine satellite SAC-D/Aquarius; the most intricate satellite ever built by Argentina.

  • 01/06/2011 | Argentina

    'Argentine economy shows higher figures than any European country,' De Mendiguren says

    José Ignacio De Mendiguren, head of the UIA Argentine Industrial Union, mentioned that the Argentine economy is better “than any European country,” and assured that in Europe “they see our economy as a growing market.”

  • 12/06/2011 | Argentina

    UN's Ban Ki-Moon arrives in Argentina for official visit

    UN General Secretary Ban Ki-Moon is set to arrive in Buenos Aires for a two-day official visit, in which he is to meet President Cristina Fernández de Kirchner, amongst other activities.

  • 14/06/2011 | Argentina

    Congress debates limitations for foreign buyers

    Lawmakers meet today to discuss a project to limit the amount of land foreigners investors can purchase in the country. The session takes place in the House of Representatives, with Agriculture Minister, Julian Dominguez in attendance.

  • 15/06/2011 | Argentina

    Lunar eclipse could be overshadowed by ash cloud

    The total lunar eclipse that takes place today should be able to be seen from Argentina, so long as the lingering presence of the ash cloud produced by Chile’s Puyehue volcano does not spoil the view. The eclipse will be able to be seen across most of the world, and if the ash cloud permits, Argentina will see the eclipse in its beginning span.

  • 21/06/2011 | Argentina

    UN Committee reiterates talks over Malvinas claim should resume soon

    Foreign Minister Hector Timerman renewed today the Argentinean claim over the Malvinas islands during a meeting of the United Nations’ Decolonization Committee. He also questioned the unilateral exploitation of Malvinas natural resources and sustained that it was a “violation of international law and a disdainful gesture towards the international mandate.”

  • 21/06/2011 | Argentina

    Presidential contenders have until Saturday for candidacy registry

    Presidential contenders have until midnight of Saturday June 25, before the time period for signing up as a presidential candidate expires. Presidential elections are to be held on Oct. 23.

  • 23/06/2011 | Argentina

    'We made many mistakes with Argentina in the 90s,' says ex-IMF chief

    Former managing director of the IMF, Michel Camdessus admitted today that through his time working for the organization, they 'made many mistakes with Argentina', particularly highlighting the 90s, during a speech at the 14th Annual Meeting of the Christian Association for Company Directors (ACDE) in a downtown hotel.

  • 23/06/2011 | Argentina

    Krugman 'struck' by those who say Argentina 'is no longer considered serious'

    Nobel Prize winner Paul Krugman took to his blog in the New York Times to say he didn’t see how Argentina’s default could be seen as a cautionary tale for Greece, and questioned a local economist who assured Argentina was not considered “a serious country.”

  • 24/06/2011 | Argentina

    FATF will not sanction Argentina over money laundering

    The Financial Action Task Force (FATF) announced it will not sanction Argentina over money laundering and “admitted the political commitment and the progress achieved by the country, specially the great advances it made in the regulations after the approval of the law to fight the money laundering, and the recommendations given in order to continue improving the system.”

  • 27/06/2011 | Argentina

    Polar temperatures hit Buenos Aires

    A polar wave of low temperatures hit Argentina today as the thermometers considerably descended in what is expected to be one of the coldest winters of the decade, announced the National Meteorological Service (SMN) last week.

  • 27/06/2011 | Argentina

    Merval slightly up

    The panel of leading stocks index gained 0.82 percent, to 3,314.72 points. Meanwhile, Argentina's country-risk dropped by 2 percent to 624 basis points in the JP Morgan EMBI index.

     

  • 29/06/2011 | Argentina

    Timerman calls for Mercosur's support over Malvinas dispute

    Argentina called for the support of the Mercosur over what was described as "a new aggression" coming from Great Britain, with respect to the historic conflict between the two countries over the sovereignty of the Malvinas islands.

  • 01/07/2011 | Argentina

    ‘Our macroeconomic variables are very good,’ Boudou says

    Economy Minister Amado Boudou rejected inflation criticism and assured that all of the macroeconomic variables of the country are “very good.” He also indicated that surplus and the accumulation of reserves “should maintain themselves with time.” The candidate to vice-president for the Victory Front bloc showed his “pride” to stand alongside President Cristina Fernández de Kirchner in her run for re-election.

  • 01/07/2011 | Argentina

    CFK blasts credit organizations, announces tax revenue

    President Cristina Fernández de Kirchner announced that the tax revenue soared 30.5 percent in June, year-on-year, during the last day of the Central Bank Monetary Conference. The Head of State also referred to the Greek crisis and assured that “the more they delay the solution for the problem, more terrible will be the crisis, as it happened to Argentina in 2001.”

  • 07/07/2011 | Argentina

    'Argentina has dollars to spare,' Marcó del Pont says

    When questioned about the current exchange market in the country, Central Bank Governor Mercedes Marcó del Pont assured that “there are dollars to spare in Argentina."

  • 08/07/2011 | Argentina

    Merval slides 0.5%

    Merval benchmark stock index lost 0.5 percent, to 3,470.74 points. Meanwhile, Argentina's country-risk rose 2.3 percent to 583 basis points in the JP Morgan EMBI index.

  • 08/07/2011 | Argentina

    US Ambassador praises Gov't decree against human traffic

    US Ambassador in Buenos Aires Vilma Martínez praised the decree signed by President Cristina Fernández de Kirchner on Wednesday which banned the publication of advertisements offering sexual services and highlighted her “commitment in the fight against human traffic.”

  • 09/07/2011 | Argentina

    CFK: ‘We fight for a second independence: self determination’

    President Cristina Fernandez de Kirchner said today, during the celebration festivities of the nations’ 195th declaration of independence “Argentina fights for a second independence, an economy which allows self determination and a national decision making process.”

  • 12/07/2011 | Argentina

    Merval edges down

    Merval benchmark stock index lost 1.4 percent, to 3,348.63 points. Meanwhile, Argentina's country-risk rose 0.7 percent to 612 basis points in the JP Morgan EMBI index.

  • 14/07/2011 | Argentina

    Duhalde, Das Neves make presidential bid official

    “I don’t lose hope in competing in a runoff election without the pro-government party,” assured the presidential candidate for the Popular Union (PF) bloc, Eduardo Duhalde, during a rally in which he made the presidential bid with Mario Das Neves official.

  • 15/07/2011 | Argentina

    Flights and major highways affected by dense fog

    Local media reported this morning the Metropolitan airport Aeroparque had to limit its activities due to a dense fog that has been hovering over the city. Rain, mist and haze have also affected the city transit causing delays and inconveniences for drivers trying to reach the city’s accesses.

  • 16/07/2011 | Argentina

    Iran Gov't willing to 'cooperate' with AMIA case

    The government of Iran stated it is willing to “collaborate” in the case investigating the terrorist attack on the AMIA Jewish community centre in 1994, after warning that the investigation is heading toward a “wrong way” and Prosecutor Alberto Nisman called for the “turn in of the accused.”

  • 22/07/2011 | Argentina

    'Macri, Larreta and Peña are victims of their dirty campaigning,' Tomada

    The Kirchnerite candidate to vice-mayor, Carlos Tomada, assured this morning that the heads of the centre-right ruling PRO party: Mauricio Macri, Horacio Rodríguez Larreta and Marcos Peña, “victimize themselves in a dirty campaign that they created” and asked that “this type of methodology be ended in Argentina.”

  • 25/07/2011 | Argentina

    Merval slightly lower

    The Merval benchmark stock index opened slightly up, dropped 0.8 percent to 3,330.88 points. Meanwhile, Argentina's country-risk fell by 0.34 percent to 591 basis points in the JP Morgan EMBI index.

  • 25/07/2011 | Argentina

    'With 15 more days Del Sel would've ended as governor,' Macri

    Buenos Aires City Mayor, Mauricio Macri, admitted to be “moved” by the performance of right-wing PRO party’s candidate Miguel Torres del Sel during yesterday’s gubernatorial elections in Santa Fe province.

  • 28/07/2011 | Argentina

    Repsol Q2 falls on weak upstream

    Spain's Repsol YPF SA said today adjusted net profit fell 7.3 percent in the second quarter of the year due to the loss of production in Libya and strikes at its Argentine division.

  • 29/07/2011 | Argentina

    CFK, Rousseff call for further regional integration

    President Cristina Fernández de Kirchner arrived in Brasilia last night from Lima, and was holding a meeting with her Brazilian counterpart Dilma Rousseff. She is scheduled to inaugurate the seat of the new Argentine Embassy.

  • 29/07/2011 | Argentina

    Government urges the judiciary to 'immediately investigate' Jujuy incidents

    Interior Minister Florencio Randazzo condemned yesterday’s violent clashes between police forces and squatters in the Northern province of Jujuy which left four people dead and at least 60 wounded.

  • 29/07/2011 | Argentina

    'Argentina didn't have an Embassy in the house of its main partner'

    Argentine President Cristina Fernández de Kirchner and her Brazilian counterpart Dilma Rousseff inaugurated the new Argentine Embassy in the Brazilian Capital. Former Brazilian President, Luiz Inacio Lula da Silva was also present during the rally. Earlier, they stressed the need of expanding the commercial integration between the two nations.

  • 01/08/2011 | Argentina

    'I hope this means the beginning of a more constructive relationship with CFK,' Macri

    Re-elected BA City Mayor Mauricio Macri, gave a press conference before starting a City cabinet meeting and revealed that after noticing that President Cristina Fernández de Kirchner was on the phone to congratulate him, he thought "Well, I hope this means the beginning of a more constructive relationship.”


  • 08/08/2011 | Argentina

    Buenos Aires shares sink 10.7 %

    The Merval benchmark stock index plummeted 10.73 percent to 2,758.43 points. Meanwhile, Argentina's country-risk edged up by 7.9 percent to 744 basis points.

  • 09/08/2011 | Argentina

    Gov't speaks 'before false election complaints come out'

    During a press briefing given this morning on next Sunday’s primary elections, Interior Minister Florencio Randazzo stressed the elections are a “formidable opportunity” for citizenship adding the national government is “convinced” there will be a high participation of voters.

  • 09/08/2011 | Argentina

    Boudou: 'In a world of uncertainty, Argentina is raising assurances'

    The Minister of Economy and President Cristina Fernández de Kirchner running mate for the upcoming presidential elections Amado Boudou stressed today Argentina’s is ready to face the recent international economic crisis that has pushed world markets down for the past week.

  • 05/08/2011 | Argentina

    Government scraps Brady bond swap after court ruling

    Cristina Fernández de Kirchner's administration canceled an offer for creditors to swap up to $263 million and 54 million euros in defaulted Brady bonds for new debt, two weeks after a US court ruling effectively blocked the exchange.

  • 10/08/2011 | Argentina

    'Argentina can still count on me for anything that's left to be done,' CFK says

    President Cristina Fernández de Kirchner assured that Argentines “can count on her for everything that still needs to be done in the country,” as she led her final election campaign rally.

  • 14/08/2011 | Argentina

    'We are just at the starting line of a long race,' Alfonsín

    UCR presidential pre-candidate Ricardo Alfonsín showed up early this morning to vote at a school in his hometown, Chascomús, and while waiting for the opening of the poll station told reporters that today’s primaries “make the starting grid, but the race will start later,” in reference to October’s presidential elections.

  • 14/08/2011 | Argentina

    CFK casts vote, returns to Buenos Aires to await results

    President Cristina Fernández de Kirchner casted her vote at Nuestra Señora de Fátima School in Río Gallegos, Santa Cruz, and has already returned to Buenos Aires City, where she will wait for the results of the election at the Intercontinental Hotel.

  • 14/08/2011 | Argentina

    'Primaries are like a friendly match,' Carrió

    Civic Coalition candidate Elisa Carrió lowered the impact of today’s primaries after casting her vote in the Recoleta neighbourhood and said that they are like “a football friendly match so people will act more freely and vote with their hearts and according to their personal beliefs.”

  • 11/08/2011 | Argentina

    López Murphy: 'crisis won't have a deep impact in Argentina'

    Economist Ricardo López Murphy assured that the economic crisis in the United States was generated because it “underestimated the magnitude of the lack of balance” and added that the “crisis will have a slight impact in Argentina's local consumption,” during the Ámbito de Debate TV show.

  • 15/08/2011 | Argentina

    Macri congratulates CFK over primary outcome

    Buenos Aires CIty Mayor Mauricio Macri used his Twitter account today to congratulate President Cristina Fernández de Kirchner who yesterday obtained a wide lead in the nationwide first ever held primary elections.

  • 15/08/2011 | Argentina

    Chilean officials meet De Vido over buying of Shell Argentina

    By Carolina Barros
    The buying of Shell Argentina by Chilean Luksic group has triggered a last minute meeting, that’s currently taking place at the Planning Ministry, between officials of the two neighbouring countries in order to discuss final details.

  • 15/08/2011 | Argentina

    CFK: 'What are you wearing this time Mauricio?'

    The funny moment of President Cristina Fernández de Kirchner’s speech came when she somehow passed the ball back on BA City Mayor Mauricio Macri, who had called the Head of State this morning to congratulate her for the victory.

  • 19/08/2011 | Argentina

    Economy grows 8.2% in June

    The monthly economic activity index (EMAE) grew 8.2 percent in June compared to the same month last year, according to the Indec national statistics bureau.

  • 23/08/2011 | Argentina

    Freezing temperatures hit the nation

    A polar front swept across the country as freezing temperatures hit most of the countries’ provinces, the National Meteorological Service (SMN) informed.

  • 23/08/2011 | Argentina

    Libyan Embassy in BA recognizes rebels as country authorities

    The Libyan Embassy in Buenos Aires announced it recognizes the National Transitional Council as the legitimate authority of Libya, the head of press of the Embassy reported.

  • 16/08/2011 | Argentina

    Fitch maintains positive rating outlook for Argentina

    The Fitch rating agency decided to maintain a positive rating outlook for Argentina, although it warned about the effects of inflation. 

  • 25/08/2011 | Argentina

    Moody's outlook for Argentine banking system changed to 'negative'

    According to a report recently released by Moody's Investors Service, the company's outlook for Argentine banking system changed to 'negative'. The outlook reflects "the continued expansionary fiscal and monetary policies are driving Argentina's economic growth, domestic consumption and inflation to levels that are difficult to sustain”.

  • 25/08/2011 | Argentina

    Wikileaks unveils new cables issued by US Embassy in Argentina

    Just like Julian Assange had anticipated, Wikileaks announced it has leaked over 1600 confidential wires issued by US embassy in Argentina. The newly leaked wires include information on President Cristina Fernández de Kirchner's "criciticsm" of Barack Obama, the Government's conflict with the farming sector, among other issues.

  • 25/08/2011 | Argentina

    Marcó del Pont assures ‘banking system is in its best historical levels’

    Central Bank’s Governor (BCRA) Mercedes Marcó del Pont assured that the Argentine banking system “is in its best historical levels of liquidity, solvency and sluggishness indexes,” referring to Moody’s report.

  • 29/08/2011 | Argentina

    'People acknowledge the good moment the country is going through'

    Cabinet Chief Aníbal Fernández today celebrated the victory of Governor of Tucumán José Alperovich in yesterday’s provincial elections in which he won a third straight mandate.

  • 29/08/2011 | Argentina

    'It's almost impossible to beat CFK,' Macri

    BA City Mayor, Mauricio Macri, admitted today that it is “almost impossible” to beat President Cristina Fernández de Kirchner in October’s presidential elections. Likewise, the business tycoon said that the government’s high popularity is due to “its own merits but also due to mistakes made by the opposition.”

  • 29/08/2011 | Argentina

    CFK, Mujica reactivate train service connecting Argentina, Uruguay

    President Cristina Fernández de Kirchner and her Uruguayan counterpart José “Pepe” Mujica met in the neighbouring country in order to reactivate a train line uniting both countries that had been out of service for the last 30 years.

  • 01/09/2011 | Argentina

    'So far we've nothing bad to say about the investigation,' Morón's District Attorney

    In a quite contradictory press conference, Morón’s General District Attorney, Federico Nieva Woodgate, went over his earlier words about the crime of 11-year-old girl Candela Rodríguez, and stated that "so far, we have nothing bad to say about the investigation."

  • 05/09/2011 | Argentina

    Buenos Aires stocks move down pushed by global markets

    Buenos Aires stocks moved down today with the Merval benchmark index edging down by 2.81 percent to 2,791.37 points. Meanwhile, the country-risk rose by 3.3 percent to 782 basis points in the JP Morgan EMBI index.

  • 07/09/2011 | Argentina

    Argentina is 'not untouchable' in the face of global crisis, CFK

    President Cristina Fernández de Kirchner warned that in the face of the complicated situation of the global economy, Argentina “is neither untouchable nor invulnerable,” but highlighted that had the crisis hit the country in a different time “it would have obliterated it.”

  • 12/09/2011 | Argentina

    S&P maintains Argentina’s rating

    Standard & Poor’s reported that Argentina’s rating remains as “B” (global scale, local and foreign currency) and “raAA” (national scale for Argentina). It also announced that the trend of the rating is stable, and maintained the rating of transference and convertibility of the country in “B.”

  • 13/09/2011 | Argentina

    Dalai Lama’s visit in Argentina marked by Chinese conflict

    Dalai Lama Tenzin Gyatso began his visit in Buenos Aires in the midst of the conflict with China which disabled him from being decorated by the City and national government.

  • 14/09/2011 | Argentina

    BID to grant new loan for Argentina

    The Inter-American Development Bank (BID) announced a loan of 230 million dollars to contribute with the development of the regional rural economy, except the Pampeana area.

  • 20/09/2011 | Argentina

    IMF says inflation will remain in double digits, still discontent about official data

    Growth will be led by many of South America’s commodity exporters—particularly Argentina, Chile, Paraguay, Peru, and Uruguay—all of which are expected to grow at levels near or above 6 percent in 2011, the International Monetary Fund said in its World Economic Outlook.

  • 21/09/2011 | Argentina

    CFK threatens UK with banning stops from Chilean flights heading to Malvinas Islands

    President Cristina Fernández de Kirchner delivered her fourth speech before the UN’s General Assembly and renewed the country’s claim to sovereignty over the Malvinas Islands, and threatened the UK with banning all stops from Chilean flights heading to Malvinas.

  • 21/09/2011 | Argentina

    President meets Piñera in last day in NY

    President Cristina Fernández de Kirchner was invited to visit Chile during a meeting she held in New York City with her Chilean counterpart Sebastián Piñera, and said she will after the October 23 elections and before the end of her administration, according to Foreign Minister Héctor Timerman.

  • 22/09/2011 | Argentina

    UK 'regrets' Argentina's threat to cancel flights to Malvinas

    The British Embassy in Argentina commented on President Cristina Fernández de Kirchner’s speech at the UN General Assembly on Wednesday, in which she threatened for greater isolation at the Malvinas Islands, and said that his government “regretted that Argentina was considering to withdraw from yet another bilateral agreement with the United Kingdom.”

  • 25/09/2011 | Argentina

    G77 urges UK to 'return to negotiations' with Argentina over Malvinas sovereignty

    Foreign Ministers from the countries in the G77 and China coalition urged the United Kingdom to return to negotiations with Argentina over the sovereignty of the Malvinas Islands, the Argentine Foreign Ministry informed on Sunday.

  • 26/09/2011 | Argentina

    Cabinet Chief laughs at skyrocketing dollar rumours

    Cabinet Chief Aníbal Fernández played down all rumours indicating that the dollar exchange rate could skyrocket after the presidential elections to be held in October 23.  

  • 26/09/2011 | Argentina

    Dollar gains half a cent, traded for AR$4.235

    The US dollar traded for AR$4.19/AR$4.235, it increased half a cent compared to last Friday's exchange rate.

  • 26/09/2011 | Argentina

    'They come with same old medicine that already ruined us,' CFK bashes int'l lenders

    President Cristina Fernández de Kirchner attended the opening ceremony of the inauguration of the Comahue-Cuyo 500 kilowatts power line network in Mendoza, and bashed international lenders and rate agencies.

  • 28/09/2011 | Argentina

    Boudou: ‘Argentina’s has the second most important growth in the world'

    Economy Minister Amado Boudou’s presence in Congress marked the official start to the debate over the Budget bill that the Executive sent to lawmakers on September 15.

  • 28/09/2011 | Argentina

    Buenos Aires stocks slightly down

    Merval benchmark index edged down 1.6 percent, to 2,514.56 points. Meanwhile, Argentina's country-risk rose 5.3% to 977 basis points.

  • 28/09/2011 | Argentina

    US doubles down on Argentina, urges country to cancel debt

    Argentina must go back to being in good terms with its creditors, US State Department spokeswoman Victoria Nuland says, only a week after a US Treasury Official announced her country will oppose granting any credits to the country in international organizations.

  • 29/09/2011 | Argentina

    Dollar trades steady for AR$4.235

    The US dollar traded for AR$4.19/AR$4.235, and remained at the same price compared to yesterday's exchange rate.

  • 02/10/2011 | Argentina

    Solanas questions 'criminalization of social protests'

    The lawmaker and head of Proyecto Sur bloc, Fernando "Pino" Solanas questioned the "criminalization of the social protests," and added that the detention of the Sarmiento train line union delegate Rubén "Pollo" Sobrero could be linked with his "opposition" to the leader of the Train Union (UF), José Pedraza.

  • 06/10/2011 | Argentina

    6.2 quake rattles Northern Argentina, no initial damage reported

    There were no immediate reports of damage after a 6.2-magnitude earthquake shook northern Argentina yesterday, police and local authorities said.

  • 06/10/2011 | Argentina

    IMF sees Argentina's statistics diverting from global standards

    By Liliana Franco. The quality of the statistics presented by Argentina “is diverting from the standard international regulations,” the spokeswoman of the International Monetary Fund, Jennifer Beckman, said when she was asked how she could explain the difference between the official inflation data reported by the INDEC, and the one estimated by private analysts, which reaches 25 percent.

  • 27/09/2011 | Argentina

    De Mendiguren urges Argentines to ‘defend, preserve the gov't model’

    The President of the Argentine Industrial Union (UIA), José de Mendiguren said it was necessary to “defend and preserve” the national government's current economic plan, which has achieved the “largest growth cycle” in the country’s history.

  • 27/09/2011 | Argentina

    'Argentina does not accept any conditions set from abroad,' Boudou

    Economy Minister and Vice-Presidential candidate Amado Boudou (Victory Front party), rejected the recipes for “fiscal adjustments” the international organizations intend to impose on countries affected by the crisis, and stressed that Argentina “does not accept any conditions set from abroad.” 

  • 11/10/2011 | Argentina

    'Argentina is not to blame,' says father of tourist killed in Salta

    The father of one of the two French tourists who were murdered in Salta in July, Jean Michel Bouvier, spoke on French radio today saying that his daughter Cassandre and Houria Moumni "lived through true martyrdom," but that "Argentina was not to blame."

  • 12/10/2011 | Argentina

    US calls Argentine authorities over alleged plan to attack BA

    US Deputy Secretary of State William Burns called the Argentine authorities on Wednesday in order to provide them with details regarding the alleged Iranian plot to assassinate the Saudi ambassador to the United States, Department of State Victoria Nuland confirmed.

  • 13/10/2011 | Argentina

    'We don't expect Moyano to vanish'

    By Pablo Jiménez.
    Ever since Oscar Lescano admitted that the Moyano era is coming to an end at the CGT labour confederation, the premise was installed as a fact. But, unlike the dreams of some unions, the business sector sees a similar movie that counts with the presence of Moyano.

  • 13/10/2011 | Argentina

    Malvinas: Argüello says UK will 'not cut' Islands' budget to avoid migration to Argentina

    Argentine Ambassador to the United Nations Jorge Argüello affirmed that the United Kingdom avoids “the social and employment assistance budget cut” for the Malvinas Islands because its inhabitants “would migrate to Argentina.”

  • 14/10/2011 | Argentina

    'Argentina has a margin to face the crisis'

    By Liliana Franco and Pablo Jiménez.
    The cooling of the Brazilian economy that is beginning to show a slight slowdown index is the main concern of Argentine businessmen, but according to former Economy Minister Miguel Peirano there is still no real effect in Argentina.

  • 14/10/2011 | Argentina

    'We have to try bring Argentina and the US closer,' Martínez

    By Liliana Franco, from Mar del Plata
    Very discreet and rather elusive with press, US Ambassador in Argentina Vilma Martínez spoke briefly with Ambito.com during a break in IDEA 47th annual colloquium. “We have to try and bring the US and Argentina closer, because we have several topics to work with jointly,” she said.

  • 17/10/2011 | Argentina

    CFK calls for 'consolidating dialogue' during meeting with farming leaders

    President Cristina Fernández de Kirchner, and Agriculture Minister, Julián Domínguez, met with the head of the Coninagro Agricultural Centre, Carlos Garetto.

  • 17/10/2011 | Argentina

    'I only ask that we're all loyal to Argentina and all Argentines,' CFK

    President Cristina Fernández de Kirchner assured during a rally to celebrate the 60 anniversary of the creation of public television that “the greatest challenge is in intellectual means to achieve thinking more and better, correcting what’s bad and recognizing what’s wrong.”

  • 19/10/2011 | Argentina

    Argentina and BRICs main trade culprits, warns EU report

    Major trading nations led by Argentina, Brazil and Russia are raising barriers to international and threatening the global economic recovery, the European Union's executive arm said today.

  • 19/10/2011 | Argentina

    Macri pledges to support CFK if she's reelected

    Buenos Aires City Mayor, Mauricio Macri, kept sending signs of conciliation to the national government as the business tycoon assured that if President Cristina Fernández de Kirchner is reelected on Sunday, “she will count with the entire support of the City government.”

  • 22/10/2011 | Argentina

    Candidates rest ahead of Sunday's elections

    The principal candidates in this weekend’s presidential election rested today with family members and met with advisors to adjust final details for tomorrow’s elections.

  • 23/10/2011 | Argentina

    Eleventh gold for Argentina at Pan-American Games

    A great day for Argentine sport saw the eleventh gold medal brought in for the country at the Pan-American Games today in Guadalajara. Today’s achievements equal the Argentine gold medal record to that of the 2007 Games in Río de Janeiro, with a week remaining of the competition in Mexico.

  • 23/10/2011 | Argentina

    De la Rúa 'apologizes' to Argentines

    Almost 10 years after he left his post, ex-President Fernando De la Rúa, gave an “apology” to Argentines due to the “mistakes” he committed during his administration.

  • 24/10/2011 | Argentina

    Aníbal Fernández: 'People understood Argentina couldn’t be in improvised hands'

    Cabinet Chief and Senator-elect Aníbal Fernández celebrated the overwhelming victory of the Victory Front in the general elections and considered that “people understood that Argentina could not be left in improvised hands.”

  • 24/10/2011 | Argentina

    Merval edges up after presidential elections

    Buenos Aires stocks showed positivity after the election, with the Merval benchmark stock index moving up by 2.3 percent, to 2,861.82 points.

  • 25/10/2011 | Argentina

    Obama, CFK to hold bilateral meeting during G20 summit

    US President Barack Obama has requested to meet with recently reelected President Cristina Fernández de Kirchner during the next G20 summit to be held on the 3rd and 4th of November in Cannes, France.

  • 26/10/2011 | Argentina

    Gov't urges insurance companies to repatriate funds

    In another attempt to ease the pressure on the dollar and decrease the outflow of the Central Bank's foreign currency reserves, the government ordered insurance companies to repatriate their foreign investments.

  • 26/10/2011 | Argentina

    One year on: Images from the Kirchner era

    A chronology in pictures from 2003 to 2010, from his unexpected rise to power to his emotional farewell funeral.

  • 27/10/2011 | Argentina

    Gov't repudiates presence of British ship in the Southern Atlantic

    The government repudiated the presence of a British frigate at the Southern Atlantic after the United Kingdom reported that the HMS Montrose was going to be in the area for six months in order to provide a “presence in the region” and protect “the British interests.”

  • 31/10/2011 | Argentina

    AFIP's new controls on dollar purchases start

    Controls on the purchase of US dollars will start today, when the AFIP tax agency will be in charge of authorizing all such operations after the Foreign-Exchange Consultation Programme was established by the AFIP and announced late Friday night by Economy Minister Amado Boudou.

  • 31/10/2011 | Argentina

    Dollar trades steady at AR$4.26

    The US dollar traded for AR$4.22/AR$4.26, remaining unchanged from last Friday's exchange rate at the close of business. Meanwhile, the Euro lost five cents and traded at AR$5.86/AR$5.98 at City exchange trade agencies.

  • 03/11/2011 | Argentina

    Argentina's probability of a recession reaches 70%, study says

    The Centre of Financial Research CIF of the Torcuato Di Tella University School of Business released the data of the Leader Index (ILCIF) corresponding to September 2011, and showed that the possibility of recession reached 70 percent.

  • 04/11/2011 | Argentina

    Obama declares CFK, Argentina 'a great friend' to the United States

    US President Barack Obama defined Cristina Fernández de Kirchner and Argentina “a great friend” of the United States of America in a meeting between both Head of States. The bilateral meeting lasted around thirty minutes and took place in the Carlton Hotel in Cannes.

  • 10/11/2011 | Argentina

    Ash cloud returns, delays flights to Patagonia

    After two weeks without presenting disruptions, flight complications began again due to the presence of the ash cloud being produced by the Chilean Puyehue volcano, affecting the area of Patagonia in the south of Argentina.

  • 10/11/2011 | Argentina

    Opposition assures ‘Legislative branch lacks strong environmental commitment’

    By Ana Patiño.- On the second day of the Road to Río+20 seminar, senator Norma Morandini affirmed that there is still no “strong commitment” within the Legislative Branch to deal with environmental issues, and told the BuenosAiresHerald.com that she hopes “citizens will get more involved in these issues so as to avoid having to turn to the judiciary.”

  • 07/11/2011 | Argentina

    Foreign Ministry candidate appointed as Ambassador to Brazil

    Foreign Ministry’s Trade and Economic Affairs secretary Luis María Kreckler, who was a strong candidate to be the Foreign Minister in the next presidential cabinet, was appointed as Argentina’s Ambassador to Brazil.

  • 15/11/2011 | Argentina

    Foreign tourism drops 2.6% in September

    The amount of tourists that arrived in Argentina during September dropped 2.6 percent compared to the same month last year and totalled 220,302 people, according to a government report.

  • 24/11/2011 | Argentina

    'We have to innovate in the relationship with workers'

    The head of the Argentine Industrial Union (UIA), José Ignacio De Mendiguren, assured "we have to innovate in the relationship with workers." Although he did not give specific information about the upcoming wage talks, he said “no one is surprised by the fact that Moyano wants it all.”

  • 25/11/2011 | Argentina

    Dollar gains half a cent

    The US dollar traded at AR$4.24/AR$4.285, it gained half a cent from the previous closing price at Buenos Aires exchange houses.

  • 01/12/2011 | Argentina

    CFK, Chávez sign bilateral agreements

    President Cristina Fernández de Kirchner attended a bilateral meeting with her Venezuelan counterpart Hugo Chávez at the Miraflores Palace in Caracas, where they both signed several bilateral cooperation agreements.

  • 02/12/2011 | Argentina

    Further subsidy cuts include City neighbourhoods, government buildings

    Economy Minister Amado Boudou and Planning Minister Julio De Vido announced further subsidy cuts on utility services will be implemented, following a subsidy cut scheme announced this month by the government on several sectors.

  • 02/12/2011 | Argentina

    Buenos Aires stocks move up

    Buenos Aires stocks were higher, with the Merval benchmark stock index edging up by 0.8 percent, to 2,629.63 points.

  • 06/12/2011 | Argentina

    CFK chooses Medina as Cabinet Chief, Lorenzino as Economy Minister

    The government unveiled today the list of the new cabinet members for Cristina Fernández de Kirchner's second mandate which will start next Saturday when she takes office.

  • 15/12/2011 | Argentina

    US dollar steady at AR$4.305

    The US dollar traded at AR$4.265/AR$4.305, remaining unchanged from the previous price at the close of trading at Buenos Aires exchange houses.

  • 15/12/2011 | Argentina

    Buenos Aires stocks move down

    Buenos Aires stocks dropped 0.3 percent, with the Merval benchmark stock index at 2,401.43 points. So far this week, the index dropped by 9.04%.

  • 15/12/2011 | Argentina

    Foreign tourism drops 4.4% in October

    The amount of tourists that arrived in Argentina during October dropped 4.4 percent compared to the same month in 2010 and totalled 216,055 people, according to a government report.

  • 15/12/2011 | Argentina

    'Manufacturing in Argentina is slowing down,' Ricardo Delgado assures

    While speaking as a guest on the Ambito de Debate TV show, economic analyst Ricardo Delgado assured that “manufacturing in Argentina is slowing down,” although he said he was certain its impact would not be felt before March.

  • 18/12/2011 | Argentina

    CFK to travel Uruguay to participate in Mercosur Summit

    In her first official trip abroad following her reinstatement, President Cristina Fernández de Kirchner will travel to Montevideo to participate this Tuesday in the Summit for heads of State, in which Argentina will assume a temporary role leading the bloc.

  • 19/12/2011 | Argentina

    US dollar climbs, trades at AR$4.31

    The US dollar closed at AR$4.27/AR$4.31, gained half a cent from the previous price at the close of trading at Buenos Aires exchange houses.

  • 19/12/2011 | Argentina

    Buenos Aires stocks close lower

    Buenos Aires stocks closed lower, with the Merval benchmark stock index edging down by 1.35 percent, to 2,400.33 points. It has dropped 5 percent this month, and 31.9 percent in 2011 so far.

  • 20/12/2011 | Argentina

    Trade undersecretary Iván Heyn found dead in Montevideo

    Argentina's Trade under-secretary Iván Heyn who was part of the Argentine delegation attending the Mercosur Summit committed suicide in a hotel in Montevideo. Sources stated that the 34-year-old official was found hanged in his suite at the Radisson Hotel of the capital city of the neighbouring country.

  • 20/12/2011 | Argentina

    Heyn's autopsy shows no 'signs of violence'

    Judge Homero De Costa, who is investigating the death of the Economy Ministry’s Trade under-secretary Iván Heyn, assured that the autopsy of the economist's body did not show "signs of violence."

  • 07/12/2011 | Argentina

    US backs IDB loan for Argentina

    Argentina will receive a loan worth US$400 million, or 1.7 billion pesos, from the Inter-American Development Bank to carry out infrastructure improvements in poor neighbourhoods, the government said yesterday. The decision follows an about-turn made by the US to approve credits to President Cristina Fernández de Kirchner’s government after several refusals to do so.

  • 26/12/2011 | Argentina

    At least 16 dead in road accidents

  • 28/12/2011 | Argentina

    President requests 'balance' in demands on workers, businessmen

    President Cristina Fernández de Kirchner today asked for “prudence, balance and contribution” on the business sector and workers, requesting that everyone “collaborate” to “continue working with the utmost amount of trust possible” for Argentina.

  • 30/12/2011 | Argentina

    Cinema ticket sales 40% higher in 2011

    With a little over 42,245,000 tickets sold this year, Argentina's cinema box office sales over took those of last year by a whopping 40% and were very close to equaling the record number of sales made in 2004 - even though national film releases throughout the year did not help to facilitate the growth.  

  • 02/01/2012 | Argentina

    Argentina renews claims over Malvinas in anniversary of British occupation

    Argentina’s Foreign Ministry renewed its claims for a “legitimate right” over the Malvinas Islands sovereignty and the need to resume “the bilateral negotiations process” with the United Kingdom in the 179 anniversary of the British occupation of the islands.

  • 03/01/2012 | Argentina

    GSK fined over vaccine trials; 14 babies reported dead

    GlaxoSmithKline Argentina Laboratories Company was fined 400,000 pesos by Judge Marcelo Aguinsky following a report issued by the National Administration of Medicine, Food and Technology (ANMAT in Spanish) for irregularities during lab vaccine trials conducted between 2007 and 2008 that allegedly killed 14 babies.

  • 03/01/2012 | Argentina

    GSK Argentina says deaths not related to vaccine trials

    GSK Argentina Medical Director Rosana Felice, come on stage and told reporters that the company will appeal the ruling and fine issued by Judge Marcelo Aguinsky over the killing of 14 babies during vaccine trials conducted in 2007 and 2008.

  • 01/01/2012 | Argentina

    Dakar Rally: Argentine Jorge Martínez Boero dies in accident

    Argentine race driver Jorge Andrés Martínez Boero died after suffering a serious accident on board of his RR 450 Beta motorbike during the first stage of the Dakar Rally 2012 in the Buenos Aires province Atlantic seaside city of Necochea.   

  • 12/01/2012 | Argentina

    IMF says no sanctions to Argentina despite faulty statistics

    Speaking at a press conference from Washington DC on Thursday, IMF acting director of External Relations Gerry Rice said the organization’s directors “will meet in late January or early February to analyze the progress made in Argentina’s statistics.”

  • 18/01/2012 | Argentina

    Tension rises between Argentina, UK over Malvinas sovereignty

    Acting President Amado Boudou assured today that British Prime Minister David Cameron’s comment son Argentina’s stance on the Malvinas Islands were “an ignorant and dumb outburst of historical reality." Cameron accused Argentina of colonialism.

  • 20/01/2012 | Argentina

    Rain forecast for parched Argentine grains belt

    Heavy rain is expected to finally hit Argentina's drought-stricken farm belt this weekend, but analysts warned that some corn crop losses are irreversible and are sure to crimp government finances.

  • 21/01/2012 | Argentina

    'Argentina intimidates nobody,' Randazzo says to UK

    Interior Minister Florencio Randazzo, quickly hit back at the statements made by the British government, after Foreign Secretary William Hague said that Argentina “should stop their intimidation attempts” against the Kelpers on the Malvinas islands. “Argentina is not intimidating anyone, only reclaiming an inalienable right to the sovereignty of the Malvinas,” stated Randazzo.

  • 22/01/2012 | Argentina

    'UN doesn’t recognize Malvinas islanders’ right of self determination,’ Timerman

    Foreign Minister Héctor Timerman said that "the United Nations does not recognize Malvinas islanders’ right of self determination" and reiterated the request to the British government to “sit down and negotiate, as it was established by the UN."

  • 19/01/2012 | Argentina

    Cameron reported of Argentine plan for 'fishermen's invasion'

    After yesterday’s crossfire between the UK and Argentina over the Malvinas Islands, a British newspaper revealed that the UK Prime Minister’s accusations of ‘colonialism’ against Argentina came after being warned that “Buenos Aires was plotting a mock fishermen’s invasion.”

  • 19/01/2012 | Argentina

    De Mendiguren blasts Brazil's concerns over import restrictions

    The head of the Argentine Industrial Union (UIA), José Ignacio de Mendiguren, assured today that the complaints made by Brazil over the Argentine import restrictions are “unjustified.”

  • 23/01/2012 | Argentina

    Villa 31 slum neighbours lift second roadblock at bus terminal

    Neighbours of the Retiro’s Villa 31 slum lifted the roadblock they had staged at the intersection of Ramos Mejía and Antártida Argentina streets, blocking one of the main access to Retiro's long distance bus terminal.

  • 25/01/2012 | Argentina

    'Argentina will have a good year despite the global crisis,' Lorenzino

    Economy Minister Hernán Lorenzino, admitted today that the global economic crisis has had an impact on Argentina, but showed optimism in stating that even still, "we are going to have a good year, with growth and the creation of more jobs."

  • 26/01/2012 | Argentina

    Further escalation between Argentina, UK over Malvinas

    The bilateral spat between Argentina and the UK over the Malvinas sovereignty issue continues, as a Senate Committee unanimously voted in favour of debating a declaration bill “strongly repudiating” David Cameron’s “colonialist” statements, while a British minister accused Argentina of “saber-rattling.”

  • 23/01/2012 | Argentina

    Drought: scattered rains give patchy relief to corn, more showers expected

    Storms were forecast for today across the country after patchy weekend rains failed to revive corn and soy fields baked by a drought that has raised concern about world food supplies.

  • 31/01/2012 | Argentina

    Gov't condemns UK's decision to send warship to Malvinas

    The National Government condemned the arrival of the HMS Dauntless, a British warship, to the Malvinas Islands and urged the UK to “avoid falling in the temptation of engaging in discourse “that transforms patriotism in bullying patriotism.” Earlier today, the UK's Royal Navy confirmed to the BuenosAiresHerald.com that the ship is to be sent to patrol the South Atlantic after the recent diplomatic tensions.

  • 01/02/2012 | Argentina

    Import restrictions come into effect as of today

    As of today the government’s new import restrictions will come into effect as part of the new legislation on the trading sector that witnesses the constant increasing power of Domestic Trade Secretary Guillermo Moreno, who according to government officials could also be granted with powers to manage all exports as well.

  • 01/02/2012 | Argentina

    IMF urges Argentina to address inflation index within six months

    The International Monetary Fund (IMF) warned Argentina about its “lack of progress” in addressing inflation data and called on the country to implement “specific measures” within the next six months to improve it.

  • 05/02/2012 | Argentina

    'It's the UK who is alone in this, not Argentina,' Timerman says

    Foreign Minister Héctor Timerman said in Venezuela on Sunday that “Argentina is not alone on its sovereignty claim over the Malvinas Islands,” assuring that it’s the UK who is actually alone.

  • 09/02/2012 | Argentina

    Davis Cup: Nalbandian, Mónaco to play opening singles against Germany

    Tennis Davis Cup World Group matches were tossed, and Argentines Juan Mónaco, and David Nalbandian will be taking the first and second round against Phillipp Petzschner and Florian Mayer respectively, on Friday in Bamberg, Germany.

  • 10/02/2012 | Argentina

    Dollar trades steady at AR$4.36

    The US dollar stood at AR$4.31/AR$4.36 today, remaining unchanged from the previous price at the close business yesterday at Buenos Aires exchange houses.

  • 10/02/2012 | Argentina

    Malvinas: Argentina denounces UK before UN

    Foreign Minister Héctor Timerman filed a complaint against the militarization of South Atlantic by the UK before the UN, as Secretary General Ban Ki-moon urged both countries to avoid an escalade in the conflict and said the organization would intervene if both nations agree to it.

  • 12/02/2012 | Argentina

    Archbishop Arancedo support's CFK's claims over Malvinas

    The head of the Argentine Episcopal Conference (CEA) José María Arancedo expressed his support for the Government's strategy to claim the sovereignty of the Malvinas Islands, deeming it “a state matter.”

  • 13/02/2012 | Argentina

    Malvinas: Argentina to accept UN's mediation offer

    The National government will officially accept the mediation offer made by the UN after the escalated diplomatic tensions between the United Kingdom and Argentina as the latter reinforced claims of sovereignty over the Malvinas, South Georgia, and Sandwich islands.

  • 16/02/2012 | Argentina

    FATF praises Argentina's 'outstanding progress' against money laundering activities

    Justice and Human Rights Minister Julio Alak announced in Paris that the Financial Action Task Force (FATF) had “unanimously congratulated Argentina over its outstanding progress on matters such as control, prevention and punishment of money laundering activities.”

  • 22/02/2012 | Argentina

    'Cruise ship is risk-free,' says Health Minister

    Health Minister Juan Manzur confirmed this morning that the situation on the MSC Armonía cruise ship, which lost a crew member last Friday to Influenza B, “was under control” and in a “normal state” after it arrived to Buenos Aires port to be inspected by customs and health authorities.

  • 24/02/2012 | Argentina

    UN to analyse Argentina's sovereignty claim on Malvinas

    The United Nations will receive an Argentine mission on June 14 to discuss Argentina’s sovereignty claim on Malvinas Islands, according to Prensa Latina, a Cuba-based news agency.

  • 24/02/2012 | Argentina

    The Malvinas/Falklands: diplomacy interrupted

    This is the piece written by actor Sean Penn for "The Guardian". Britain should open negotiations with Argentina over immigration to the Falklands and the distribution of natural resources in the south Atlantic, he says.

  • 24/02/2012 | Argentina

    Lugo travels to Santa Cruz, expresses solidarity to CFK over train crash

    Paraguayan President Fernando Lugo arrived in Río Gallegos, where he was received by Planning Minister Julio De Vido, and later travelled to El Calafate where he met his Argentine counterpart Cristina Fernández de Kirchner.

  • 29/02/2012 | Argentina

    As tension mounts, Repsol-YPF head arrives to meet gov't officials

    Chairman of Repsol-YPF oil company Antonio Brufau, has arrived to Argentina to attend a round of meetings amidst the present tensions between the company and the Government triggered after President Cristina Fernández de Kirchner accused the oil giant of not making enough investments in the country.

  • 29/02/2012 | Argentina

    YPF shares plunge more than 10.2%

    Once again, YPF shares collapsed as rumours of the Government taking control of the oil giant increase. After edging down more than 7 percent, today the company’s shares plunged 10.2 percent.

  • 02/03/2012 | Argentina

    Aníbal Fernández: 'The Central Bank should have more power to preserve real economy'

    Kirchnerite Senator Aníbal Fernández today defended a reform of the Central Bank's charter explaining "it needs to have more powers to preserve monetary and fiscal policies, production and real economy."

  • 05/03/2012 | Argentina

    US trade official: Argentina closer to losing trade benefits

    The United States could soon suspend trade benefits for Argentina. The United States accuses Argentina of not paying awards in two long-running investment disputes with US companies, a US trade official said on Monday.

  • 06/03/2012 | Argentina

    Foreign tourism drops 6.4% in January

    The amount of tourists that arrived in Argentina during January dropped 6.4 percent compared to the same month in 2011 and totalled 270,991 people, according to a government report.

  • 07/03/2012 | Argentina

    US: Money laundering activities in Argentina increased in 2011

    Argentina became an important destination for money laundering activities in 2011 and is now part of a list including 66 nations that the US State Department says are “jurisdictions of primary concern.”

  • 09/03/2012 | Argentina

    Macri says City lacks funds to keep subsidies on bus lines

    Buenos Aires City Mayor Mauricio Macri came on stage after the national government sent a bill to Congress to transfer 33 bus lines to the City's scope.

  • 13/03/2012 | Argentina

    Supreme Court ratifies abortion authorization in case of rape

    The Supreme Court has ratified today a ruling of a Chubut’s court authorizing an abortion in the case of a woman that got pregnant after being raped. However, the head of the Supreme Court Ricardo Lorenzini emphasized that the ruling doesn’t mean the start of possible abortion legalization.   

  • 14/03/2012 | Argentina

    'This is a one-way decision making gov't,' Macri bashes CFK administration

    Buenos Aires City Mayor Mauricio Macri once again triggered some piquant remarks against the administration of President Cristina Fernández de Kirchner as he claimed for “a true federal government and not just one pretended for official speeches.”

  • 15/03/2012 | Argentina

    'Gov't will sanction banks, companies and funds backing Malvinas illegal oil drills,' Timerman

    Foreign Minister Héctor Timerman gave a press conference announcing sanctions against banks and companies that partner with and/or finance oil companies conducting oil drills in Malvinas Islands. This in hand, the Argentine government took another step in the late diplomatic cross-fire with the UK over the sovereignty of the Malvinas, Sandwich, and South Georgia islands in the South Atlantic Ocean.

  • 19/03/2012 | Argentina

    Taiana: 'Refusing to negotiate will cost the UK much more than doing so'

    Former Foreign Minister, Jorge Taiana, told reporters that Argentina has made “a major achievement by making its sovereignty claim over Malvinas islands part of the international agenda”. Likewise, the former minister considered that claims are causing big troubles to the United Kingdom.

  • 19/03/2012 | Argentina

    World Bank considering additional US$3 billion credit for Argentina

    President Cristina Fernández de Kircher met with the World Bank’s regional vice president for Latin America Hasan Tuluy for over an hour in the Government House and discussed with him the possibility of increasing Argentina’s credit for an additional $3 billion. 

  • 28/03/2012 | Argentina

    'No reason to worry about US-Argentine relations,' says Argüello

    The Argentine Ambassador to the US, Jorge Argüello, assured today that despite reactions to trade barriers put up this week by the US to Argentina, there was “nothing to worry about” regarding the relationship between the countries.

  • 21/03/2012 | Argentina

    Gov't rejects Repsol-YPF's dividend reinvestment plan

    During a crucial Repsol-YPF board meeting held at the oil giant offices in Puerto Madero, government officials rejected a proposal brought by Repsol CEO Antonio Brufau to recapitalize the company by returning last two years dividends to shareholders.

  • 01/04/2012 | Argentina

    Malvinas: UK, US banks receive warning letters from Argentine embassy in London

    As many as 15 British and US banks have received warning letters by the Argentine embassy in London about possible legal action over giving advice or even writing research reports about companies involved in the Malvinas Islands' nascent oil industry, UK’s newspaper Sunday Telegraph said.

  • 03/04/2012 | Argentina

    Tax collection rises 29.1% in March, AFIP reports

    Tax collection rised 29.1 percent in March against the same month of 2011, reaching 48,363 million pesos, the head of AFIP tax agency Ricardo Echegaray reported.

  • 04/04/2012 | Argentina

    CFK repudiates attacks to British embassy in Buenos Aires

    In a rally set in the City of Bariloche, Río Negro province, President Cristina Fernández de Kirchner repudiated the attacks of extreme left-wing organization Quebracho to the British embassy in Buenos Aires occurred last Monday, date of the 30th anniversary of the Malvinas War.

  • 09/04/2012 | Argentina

    'It's the UK who sets a blockade in Malvinas,' Timerman says

    Foreign Minister Héctor Timerman accused today the United Kingdom of setting a “blockade against all Argentines” as the European country holds illegal occupation of the Malvinas Islands, during a presentation at the Peronist National Front headquarters.

  • 10/04/2012 | Argentina

    After meeting with De Vido, Petrobras committed to set new investments

    Planning Minister Julio De Vido called the heads of Petrobras to raise their investments in the country and warned them that the main aim is that Argentina reaches the “self-sufficiency in energy.”

  • 11/04/2012 | Argentina

    YPF shares plunge in Buenos Aires and New York ahead of announcement

    Shares in Argentina's biggest energy company YPF plunged 5.6 percent in Buenos Aires today while the company's US-listed shares were 5 percent lower in New York.

  • 15/04/2012 | Argentina

    CFK leaves Summit before final meeting

    President Cristina Fernández de Kirchner left the 6th Summit of the Americas held in Cartagena de Indias, Colombia before the official closing meeting according to Colombian media.

  • 16/04/2012 | Argentina

    Argentina strikes Bunge from grains registry again

    Argentina has suspended giant agribusiness company Bunge Ltd from a key government grains registry, accusing the company of tax evasion, the government's AFIP tax agency said today.

  • 13/04/2012 | Argentina

    Timerman builds support for Argentina on Malvinas ahead of Summit of the Americas

    Foreign Minister Héctor Timerman attended another meeting for ministers in Cartagena de las Indias today, further gathering the already gained support for the country on the Malvinas dispute. Yesterday representatives for 32 out of the 33 countries participating in the Summit of the Americas pleaded in favour of “Argentina's sovereignty rights.”

  • 20/04/2012 | Argentina

    US dollar steady at AR$4.42

    The US dollar traded at AR$4.38/AR$4.42, remaining unchanged from the previous price at the close business yesterday at Buenos Aires exchange houses.

  • 20/04/2012 | Argentina

    Menem: 'I will back YPF's expropriation'

    Former president Carlos Menem said today he will attend the Upper House debate on YPF's expropriation and back the national government's bill.

  • 20/04/2012 | Argentina

    De Vido: 'The challenge for YPF and Petrobras is to work together'

    Planning Minister Julio De Vido today held a meeting with Brazil's Energy Minister and Petrobras executives to demand more investments in Argentina, after Neuquen province revoked a Petrobras concession.

  • 20/04/2012 | Argentina

    YPF, out of international agenda until June

    By Carlos Burgueño
    The government’s decision of nationalizing YPF will be discussed in June in Los Cabos, Mexico, during the G-20 summit. Until then, there will not be any official statements as a result of several meetings held last night in Washington by Economy Minister Hernán Lorenzino with high-ranking officials.

  • 21/04/2012 | Argentina

    Argentina criticizes IMF adjustment plan to break away from crisis

    By Carlos Burgueño
    Argentina criticized again the economic adjustment plan made by the IMF (International Monetary Fund) in order to break away from the world economic crisis.

  • 23/04/2012 | Argentina

    Aníbal Fernández: 'We won't pay what the main responsible for looting YPF says'

    Kirchnerite Senator Aníbal Fernández assured today that the government “will pay what YPF truly worth, and not what Repsol’s chairman [Antonio Brufau] wants.”

  • 23/04/2012 | Argentina

    S&P downgrades Argentina outlook to negative

    Rating Agency Standard and Poor’s (S&P) downgraded Argentina’s economic and financial outlook to “negative,” after the expropriation of YPF, which endangers the “B” rating the country has for its sovereign debt.

  • 24/04/2012 | Argentina

    Argentina presents UK with plan to resume flights to Malvinas

    Argentina’s Ambassador to the UK Alicia Castro officially presented today Argentina's proposal to establish Aerolíneas Argentinas airline regular flights to the Malvinas Islands, during a meeting with UK’s Minister of State Jeremy Browne in London.

  • 27/04/2012 | Argentina

    CFK ratifies the 'fine tunning'

    President Cristina Fernández de Kirchner affirmed that "these ideas and achievements do not belong to a president or a political force, but to the entire Argentina Republic."

  • 30/04/2012 | Argentina

    Argentine envoy urges UK to 'give peace a chance' on Malvinas

    Argentina's new ambassador to London tackled Britain's Foreign Minister over the disputed Malvinas Islands by asking him at a public meeting whether he was ready to "give peace a chance" by opening talks on the islands' future.

  • 01/05/2012 | Argentina

    Argentina elected to represent Latin America at UN Security Summit

    Argentina received support across Latin America and the Caribbean today to become the non-permanent representative for the region at the UN Security Summit for the 2013-2014 period, the Foreign Ministry informed today.

  • 01/05/2012 | Argentina

    Puricelli assures will insist on claims over militarization of South Atlantic

    Defence Minister Arturo Puricelli assured that the Argentina government will reiterate its claims over the UK militarization at the Malvinas Islands and highlighted the backing of the Latin American country in the fight for the sovereignty of the achipelago.

  • 02/05/2012 | Argentina

    'I feel no regrets for what I've done,' Ambassador to London

    Argentine ambassador to London Alicia Castro told reporters she felt no regrets for having tackling down United Kingdom’s Foreign Secretary William Hague with questions over Malvinas Islands sovereignty during a public meeting last Monday in London.

  • 02/05/2012 | Argentina

    'The sinking of the Belgrano cruiser was a cowardly act,' Defence Minister

    Defence Minister Arturo Puricelli considered a “cowardly act” the sinking of the General Belgrano cruiser during the Malvinas War as today marks the 30th anniversary of the attack suffered by UK’s Royal Navy submarine Conqueror that killed 323 Argentine crewmen.

  • 04/05/2012 | Argentina

    Argentina's Olympics spot

    The government has broadcast a controversial advert which shows a member of the national field hockey team training in Malvinas soil for the London Olympics.

  • 03/05/2012 | Argentina

    Ambassador Castro urges UK to join Argentina at negotiating table

    Argentine Ambassador to the United Kingdom Alicia Castro questioned today the British position regarding the Malvinas Islands sovereignty claim and urged the European country to join Argentina at the negotiating table.

  • 03/05/2012 | Argentina

    ECLAC reports foreign investment reached 3% in 2011

    The Direct Foreign Investment (DFI) in Argentina reached 7.243 billion dollars in 2011, 3 percent higher than the previous year, according to the Economic Commission for Latin America and the Caribbean (ECLAC).

  • 07/05/2012 | Argentina

    Foreign tourism drops 1.3% in March

    The amount of tourists that arrived in Argentina during March dropped 1.3 percent compared to the same month in 2011, and totalled 234,330 people, while the Argentine citizens that travelled abroad climbed 13.2 percent, according to a government report.

  • 08/05/2012 | Argentina

    Brazilian businessmen urge Argentina to eliminate trade barriers

    In a moment in which bilateral trade is hurting, Brazilian businessmen met in Sao Paulo with a delegation of hundreds of Argentine industrialists and once again urged for the elimination of Argentine trade barriers

  • 08/05/2012 | Argentina

    Power stocks gain on aid hopes

    Shares in power companies Edenor and Transener rallied for a second consecutive day due to speculation about possible government measures to help the struggling electricity sector, traders said.

  • 10/05/2012 | Argentina

    Argentina doesn’t want to start a trade war

    By Jorge Argüello.- What defines a protectionist country nowadays? Is it when a developing country takes precautions against a flood of products with plummeting prices due to an international crisis? Or, is it when an export powerhouse delivers large subsidies exclusively for domestic production?

  • 10/05/2012 | Argentina

    Eddie Soloway: ‘I feel at home in the wild places of the south of Argentina’

    On his visit to Argentina, famed National Geographic photographer Eddie Soloway tells the BuenosAiresHerald.com about his new projects, his interest in abstract representations of nature and his love for Patagonia.

  • 14/05/2012 | Argentina

    Gov’t expresses 'concern' over Spanish bio fuel trade restrictions

    The government expressed “great concern” today over the Spanish decision to ban bio fuel “not produced within the European Union” from the country.

  • 14/05/2012 | Argentina

    EU to lodge suit against Argentina with WTO, reports say

    The European Union has agreed to file a trade suit with the World Trade Organisation (WTO) over Argentina's import restrictions, a senior Spanish government source said today.

  • 16/05/2012 | Argentina

    YPF admits NYSE shares could be delisted

    State-controlled Argentine energy company YPF said it risks having its American Depositary Shares (ADS) delisted by the New York Stock Exchange since it is not complying with all regulatory requirements.

  • 16/05/2012 | Argentina

    Ferreres: Economy grows 0.6% in April

    Argentina's Gross Domestic Product increased 0.6 in April year-on-year, according to the Activity General Index (IGA-OJF) elaborated by the private agency Orlando J. Ferreres & Asociados.

  • 20/05/2012 | Argentina

    British nuke sub on her way to Malvinas, UK newspaper

    British nuke submarine HMS Talent was dispatched last night to the Malvinas Islands with Tomahawk warheads on what could be a warning signal to Argentina, according to UK’s sensationalist tabloid The Sun.

  • 15/05/2012 | Argentina

    Repsol says starts legal process over YPF seizure

    Spanish oil major Repsol said today it had taken the first step in a process to pursue legal action against Argentina for seizing energy firm YPF.

  • 23/05/2012 | Argentina

    Oyarbide clarifies Uribe bomb scare

    Judge Norberto Oyarbide today clarified that a small noise bomb discovered in a Buenos Aires theater where former Colombian President Alvaro Uribe was due to speak was not a lethal device.

  • 28/05/2012 | Argentina

    Strong quake strikes Santiago del Estero

    A magnitude 6.4 earthquake struck the country's northern provinces early today, the US Geological Survey said. There were no immediate reports of injuries or damage.

  • 28/05/2012 | Argentina

    Aníbal Fernández praises government's exchange rate regime

    Victory Front Senator and former Cabinet Chief Aníbal Fernández defended today the "administrated floating exchange rate regime" saying it was implemented in defense of "the interests of Argentines."

  • 01/06/2012 | Argentina

    Official dollar steady, black market price climbs 3 cents

    The official dollar price was trading steady today at AR$4.49/AR$4.45, compared to yesterday's closing price. In the black market, the US currency climbed three cents to AR$5.95.

  • 01/06/2012 | Argentina

    Government denies versions of economy de-dollarization

    Cabinet Chief Abal Medina and Deputy Economy Minister Axel Kicillof came on stage today to deny media versions that indicated the government is planning a de-dollarization of the economy.

  • 01/06/2012 | Argentina

    'We could prove the damage Repsol had caused to YPF'

    Planning Minister Julio De Vido and Economy Vice-Minister Axel Kicillof held today a press conference at the Economy Ministry to unveil the latest report about YPF's situation after the government’s takeover which, they announced, has concluded.

  • 04/06/2012 | Argentina

    Domestic flight tickets to rise 31%

    Domestic flights will cost 31 percent more as of tomorrow, according to a Transport Secretary resolution published today in the Official Gazzette

  • 04/06/2012 | Argentina

    Malvinas: Government declares foreign oil exploration in Argentine continental shelf 'illegitimate'

    The Government today declared oil exploration activities by five British companies in the Argentine continental shelf in proximity to the Malvinas Islands "illegitimate and clandestine."

  • 04/06/2012 | Argentina

    Galuccio, Kicillof lead new YPF board of directors

    The YPF shareholders picked the company's new board of directors, which includes sixteen members representing the nation and the provinces, and one member representing Spanish oil company Repsol.

  • 30/05/2012 | Argentina

    'Argentina needs to go through process of de-dollarization,' Abal Medina

    While speaking before Congress, Cabinet Chief Juan Manuel Abal Medina said Argentina needs to go through a “de-dollarization” process and assured that “there is a segment of the Argentine population that has an obsessive-compulsive mania of thinking in dollars.”

  • 31/05/2012 | Argentina

    'I save in dollars because I feel it's my right to do so,' Aníbal Fernández

    Victory Front’s Senator Aníbal Fernández came on stage to explain why his savings are in dollars after the government, including him personally, launched not only strong restriction policies on dollar purchases.

  • 04/06/2012 | Argentina

    Cold wave hits Argentina

  • 05/06/2012 | Argentina

    Foreign tourism drops 5.6% in April

    The amount of tourists that arrived in Argentina during April dropped 5.6 percent compared to the same month of 2011 and totalled 221,652 people, according to a government report.

  • 06/06/2012 | Argentina

    CFK heads televised rally

    Cristina Fernández de Kirchner is expected to lead a televised rally and press conference at noon at the Government House, according to official sources.

  • 06/06/2012 | Argentina

    'My dollar fixed-term bank deposit will be pesified,' CFK

    President Cristina Fernández de Kirchner today insisted on the need of saving in pesos instead of dollars and announced that she would "pesify" her dollar fixed-term bank deposit.

  • 16/06/2012 | Argentina

    'Argentina will play a very important role in the G-20 Summit'

    Argentine Ambassador to Washington Jorge Argüello stated that the European financial crisis will be the main aspect of the upcoming G-20 summit and that within that context," Argentina will play a very important role based on the country’s experience."

  • 17/06/2012 | Argentina

    CFK in Mexico for G20 Summit

    President Cristina Fernández de Kirchner arrived yesterday for the G20 summit unfolding here between today and tomorrow in a torrid Mexican summer.

  • 19/06/2012 | Argentina

    Gov't announces joint work between YPF, Gazprom after CFK-Putin meeting

    The technical teams of hydrocarbon companies YPF (Argentina) and Gazprom (Russia) will begin to do joint work in the area, Foreign Minister Héctor Timerman announced after a meeting between President Cristina Fernández de Kirchner and her Russian counterpart Vladimir Putin on the sidelines of the G20 Summit in Mexico.

  • 27/06/2012 | Argentina

    Spain: Argentine decision over YPF will affect investments

    The Spanish government blasted Argentina once again today for partially expropriating 51% stake of the previously Spanish run YPF oil company.

  • 27/06/2012 | Argentina

    Income tax: Lower House fails to reach quorum

    Opposition lawmakers did not manage to reach quorum today to begin a special session in which they were supposed to debate several bills related to the Income tax minimum floor, one of the issues that prompted today's national truck drivers' strike and march to Plaza de Mayo called by CGT's chief Hugo Moyano.

  • 04/07/2012 | Argentina

    'There are people who want to see Argentina fail'

    Cabinet Chief Juan Manuel Abal Medina asked for “responsibility” to safeguard “the present and the future of the Argentines and urged people to preserve the achievements of the Government, as he answered questions of the administration during a visit to the Lower House.

  • 10/07/2012 | Argentina

    Argentina reports US, Japan over 'trade barriers'

    Through a statement released by the Foreign Ministry, Argentina has formally reported the United States and Japan before the World Trade Organization for the constant barriers set to Argentina's meat and lemon exports to the afore mentioned markets.

  • 20/07/2012 | Argentina

    YPF buys back $79 million in 2028 bonds

    Recently nationalized energy company YPF bought back $79 million in 2028 bonds, a stock market filing showed today.

  • 22/07/2012 | Argentina

    Former Indec head suggests Argentina may soon 'enter stagflation period'

    Argentina will only grow at a 2 percent rate this year but it prices will continue to rise dramatically, which will bring the local economy to a period of “stagflation,” former Indec director Víctor Becker said.

  • 24/07/2012 | Argentina

    World Bank report says Argentina is the world’s top protectionist

    For the second time in the roll a study from World Bank’s Global Trade Alert points Argentina as the world’s most protectionist country.

  • 26/07/2012 | Argentina

    US gov't asks Argentina to improve investment opportunities

    By Pablo Jiménez - As some dark rain-laden clouds have risen on top of the Argentine-US diplomatic relationship within the past months, the Assistant Secretary for Public Affairs of the US Department of State Mike Hammer, came on stage during a video-conference in Washington DC to urge the Argentine Government to normalize its relations with the international financial community, among other requisitions.

  • 02/08/2012 | Argentina

    'Euro zone crisis resembles Argentina's situation in 2001'

    President Cristina Fernández de Kirchner said today that 2the euro zone is undergoing a unprecedented, formidable speculative attack" and likened the situation "to what happened in Argentina in 2011, with the mega debt swap and the plating,” during a ceremony at the City Stock Exchange, to announce the payment of the last installment of the dollar denominated Boden 2012 bonds.

  • 03/08/2012 | Argentina

    Gov't makes final payment of Boden 2012

    The Government today made its final $2.2 billion payment on bonds issued to savers whose dollar- denominated bank accounts were frozen by the Government a decade ago.

  • 03/08/2012 | Argentina

    Argentina, Venezuela ratify YPF-PDVSA strategic alliance

    Argentina and Venezuela gave their first step in the creation of an energy strategic alliance between oil companies YPF and PDVSA, after the agreement signed by President Cristina Fernández de Kirchner and her Venezuelan counterpart, Hugo Chávez, in Brasilia last Tuesday.

  • 07/08/2012 | Argentina

    Government takes over former Ciccone printing company

    The Government informed today it took over former Ciccone printing company and sent a bill to Congress which seeks to expropriate it declaring the company a "public utility."

  • 06/08/2012 | Argentina

    CFK launches nationwide developments, blasts banks

    In a round of video conferences, President Cristina Fernández de Kirchner inaugurated a regional lab for genetics research in San Carlos de Bariloche, Río Negro province; some new 40 homes as part of an affordable housing urban development programe in Mar Chiquita, BA province; and infrastructure works at the port of Southern Greater BA district of Avellaneda.

  • 10/08/2012 | Argentina

    Government raises biodiesel export duties

    The Government today informed it has raised biodiesel export duties to 32%. Eleven decrees published today on the Official Gazette fixed new prices and removed reimbursements producers got from sales.

  • 13/08/2012 | Argentina

    YPF to issue $760 million in bonds

    Argentina's YPF will issue bonds for 3.5 billion pesos ($760 million) as part of its push to reduce fuel imports by investing in domestic output, the state-controlled energy company said in a letter to regulators today.

  • 14/08/2012 | Argentina

    'Our focus should be on how growth, income distribution and poverty develop,' Stiglitz

    By Liliana Franco-. While speaking at a seminar in Buenos Aires, economist and Nobel Prize winner Joseph Stiglitz assured that "our focus should be on how growth, income distribution and poverty develop,” adding that “the consequences of inflation” should be de real cause for alarm. He also avoided discussing the country’s current levels of inflation and other local issues.

  • 16/08/2012 | Argentina

    Argentina finally bring out the best in Messi

    After a rollercoaster ride under Diego Maradona followed by Sergio Batista's failed attempts to imitate Barcelona, Argentina are once again beginning to look a threat to the world's top sides.

  • 19/08/2012 | Argentina

    Over 700.000 tourists travel during the long weekend

    Over the long weekend an estimated 700.000 people traveled around the country, spending an approximately AR$ 588 million, according to a report by the Argentine Chamber of the Medium-sized Company (CAME).

  • 20/08/2012 | Argentina

    WTO says Argentina formally filed complaint over Spanish biodiesel

    Argentina has formally filed a complaint against the European Union, the World Trade Organization said today, challenging Spanish rules that the South American country argues discriminate against its biodiesel exports.

  • 21/08/2012 | Argentina

    US, Japan follow EU into WTO litigation against Argentina

    The United States and Japan have launched complaints at the World Trade Organization (WTO) over Argentina's import licensing rules, which they say discriminate against foreign goods, the trade body said.

  • 21/08/2012 | Argentina

    US slam Argentine 'protectionism'

    "Argentina's protectionist measures adversely affect a broad segment of US industry, which exports billions of dollars in goods each year to Argentina. These exports support jobs and businesses here at home," US Trade Representative Ron Kirk said in an emailed statement.

  • 21/08/2012 | Argentina

    Argentina hits back at US over import restrictions

    The Argentine Foreign Ministry hit back at the United States amid various trade barrier complaints and allegations of illegality saying that it would report the country for violating the World Trade Organization’s (WTO) rules for stopping imports of Argentine meat and citrus fruits to the country.

  • 23/08/2012 | Argentina

    YPF's Gallucio asks for more private investments to expand Argentina's oil production

    YPF's energy company CEO Miguel Galuccio presented today the results of a plan to maximize the country’s energy capacity entitled "Argentine Exploration Plan" at a five-star hotel downtown.

  • 23/08/2012 | Argentina

    'Argentina offers unseen profitability rates,' Economy Minister

    Economy Minister Hernán Lorenzino, stated today that Argentina “offers unseen profitability rates in its recent economic history”, despite predictions of risk.

  • 23/08/2012 | Argentina

    Argentina complains again over US' 'inconsistent and protectionist policies'

    The national government today complaint again against the “trade restrictions in place on Argentine products” by the United States, summed up to form “part of their inconsistent and protectionist policies” with international trade regulations.

  • 23/08/2012 | Argentina

    Buenos Aires stocks edge up

    Buenos Aires stocks were higher today, as the Merval benchmark index climbed 0.3 percent to 2,442.52 points.

  • 24/08/2012 | Argentina

    CFK defends young people in politics at Antonio Rivero commemoration

    President Cristina Fernández de Kirchner made her first public appearance since recovering from a bout of low blood pressure and gave a televised speech from the Government House, on the 179th anniversary of the hoisting of the Malvinas flag on the islands.

  • 25/08/2012 | Argentina

    'Argentina is gaining autonomy in a difficult world,' Feletti

    National deputy for the Victory Front caucus Roberto Feletti said today that “Argentina is gaining autonomy in the face of a difficult world,” and sustained that with the current policies in place, “the Government is moving in the right direction.”

  • 26/08/2012 | Argentina

    CFK's image falls as concerns over inflation soars - poll

    President Cristina Fernández de Kirchner's popularity sank to 30 percent in August, less than half of what it was a year earlier, according to a poll published that portrayed a country worried about crime and high inflation.

  • 28/08/2012 | Argentina

    Alicia Castro parallels UK approach to Assange with Malvinas

    The Argentine Ambassador to the United Kingdom Alicia Castro said today that the UK’s "arrogant" approach to Julian Assange’s case “was similar” to its approach to Argentina and particularly, the sovereignty of the Malvinas Islands.

  • 03/09/2012 | Argentina

    Malvinas: 'Islanders referendum's a total parody,' Puricelli

    By Sebastián Penelli
    Defence Minister Arturo Puricelli bashed the coming referendum announced by the Malvinas Islands Legislative Assembly for March 2013 on the islanders’ "political status", thus hoping to bring an end to the continuing dispute with Argentina over the islands' sovereignty.

  • 08/09/2012 | Argentina

    CFK renews fierce criticism against Techint

    President Cristina Fernández de Kirchner renewed her fierce criticism of steelmaker Techint, Argentina’s largest industrial group, charging that when its Chairman Paolo Rocca complains about labour costs what he wants is lower workers’ salaries.

  • 06/09/2012 | Argentina

    Foreign tourism drops 7.5% in July

    The amount of tourists that arrived in Argentina during July dropped 7.5 percent compared to the same month in 2011, and totalled 215,511 people, while the Argentine citizens that travelled abroad climbed 20.2 percent, according to a government report.

  • 16/09/2012 | Argentina

    Cross fire over pot-bashing continues

    Pro government officials and opposition leaders came on stage to, once again, express their views on last Thursday’s “cacelorazo”, with different interpretations of the scope of the nationwide pot-banging outburst.

  • 17/09/2012 | Argentina

    IMF delays Argentina's statistics report

    The International Monetary Fund (IMF) decided it will not "release any communiqué regarding Christine Lagarde's report over Argentina's statistics," according to the press department. It is expected that the report with the analysis of the Board of Directors will be released today.

  • 17/09/2012 | Argentina

    Moody's downgrades Argentina's outlook

    Moody's Investor Service agency has downgraded Argentina's outlook from stable to negative, stating that it was due to risky economic policies along with the lack of confidence in official statistics.

  • 14/09/2012 | Argentina

    Protesters 'are more worried about what happens in Miami than Argentina'

    Cabinet Chief Juan Manuel Abal Medina assured that those who marched on Thursday to Plaza de Mayo square and the main squares of the country “are more concerned about what happens in Miami than in San Juan,” referring to Argentina.

  • 19/09/2012 | Argentina

    María Cristina Perceval designated Argentina's UN ambassador

    Former Mendoza's Senator María Cristina Perceval was designated Argentina's representative before the United Nations.

  • 25/09/2012 | Argentina

    'Kirchnerite 'model' is falling into full decline,' former Economy Minister

    Former Economy Minister Roberto Lavagna considered the “economical model” led by the national government is entering “a clear downfall" in which the government’s desperate and just throwing "Hail Mary" passes along with implementing constant palliative patches, the economist explained.

  • 25/09/2012 | Argentina

    'Argentina-US relations best in 200 years,' Argüello

    Argentine ambassador in the United States Jorge Argüello assured that Argentina and the US “are having the best trade relationship in almost 200 years of bilateral relations” and said that “they’ve never had a trade volume similar to the one reached this year, which left a 13 billion dollar surplus.”

  • 25/09/2012 | Argentina

    CFK: 'We want the UK to sit and talk, not to simply tell us we are right'

    President Cristina Fernández de Kirchner once again claimed Argentina’s sovereignty over the Malvinas islands and urged the United Kingdom to accept talks and abide by the United Nations’s resolutions on the matter.

  • 25/09/2012 | Argentina

    Argentina, Iran set meeting to discuss 1990's bombings

    President Cristina Fernández de Kirchner announced that Argentina and Iran will meet to discuss the two bombings of Jewish targets in the 1990's, attacks in which Iran was accused by Argentine courts of playing a role.

  • 21/09/2012 | Argentina

    CFK receives Mexican president-elect

    The newly-appointed President of Mexico Enrique Peña Nieto met with President Cristina Fernández de Kirchner, as he arrived to Argentina as part of his tour across Latin America.

  • 26/09/2012 | Argentina

    US dollar steady at AR$4.71

    The US dollar traded at AR$4.71/AR$4.67 in the main City exchange houses, it remained unchanged from the previous closing.

  • 26/09/2012 | Argentina

    Kiciloff: 'Argentina has stronger financial support than other countries'

    Economy Deputy Minister Axel Kicillof, along with Economy Secretary Juan Carlos Pezoa and Finance Secretary Adrián Cosentino, was presenting the main guidelines for next year’s Budget bill to the Lower House Budget and Finance Committee.

  • 26/09/2012 | Argentina

    CFK meets IDB head in Washington

    President Cristina Fernández de Kirchner met with the head of the Inter-American Development Bank (IDB), Luis Alberto Moreno, in Washington in the midst of her visit to the US.

  • 01/10/2012 | Argentina

    'Argentina doesn't owe the IMF an explanation,' Senator Fernández

    Victory Front Senator Aníbal Fernandéz reiterated today the country doesn’t owe the International Monetary Fund (IMF) an explanation over the inflation statistics given out by the INDEC National Statistics Institute.

  • 01/10/2012 | Argentina

    CFK bashes media:'There's no such thing as dollar clamp'

    President Cristina Fernández de Kirchner denied the existence of restrictions over the purchase of dollars by explaining that “Argentina has already paid 79.8 billion dollars so far this year”, during the announcement of a series of bank loans granted to small and medium sized companies, today at the Government House.

  • 02/10/2012 | Argentina

    Global economic crisis 'will not be solved in the short term,' CFK

    President Cristina Fernández de Kirchner warned today that the international economic crisis will not be solved in the short or mid term” and criticized the measures applied by developed countries to leave the crisis behind as she took part in the hird ASPA South American Arab countries summit in Lima, Peru.

  • 28/09/2012 | Argentina

    CFK arrives in Buenos Aires following US visit

    President Cristina Fernández de Kirchner arrived mid-afternoon today to Jorge Newbery Metropolitan airport in Buenos Aires, following a five-day visit to the United States.

  • 05/10/2012 | Argentina

    Foreign tourism drops 5.2% in August

    The amount of tourists that arrived in Argentina during August increased 5.2 percent compared to the same month of 2011 and totalled 200,904 people, according to a government report.

  • 06/10/2012 | Argentina

    Thousands participate in youth pilgrimage to Luján

    Thousands of young people participated today in the 38th Youth Pilgramage to Luján, beginning the journey from the San Cayetano church in Liniers on foot to the Luján basilica where they are to arrive tomorrow.

  • 07/10/2012 | Argentina

    Border Guards say gov’t trying to ‘weaken' wage claim

    Coast Guard and Border Guard officers said the government is trying to weaken their wage protest demanding a minimum salary of 7,000 pesos, after the government yesterday suspended at least five non-commissioned Border Guard officers who took part in the protest.

  • 11/10/2012 | Argentina

    Ghana judge rejects Argentine claim, training ship remains seized

    A Ghanaian judge rejected today the plea put forward by Argentina to release the Libertad training ship, which has been detained in a port close to Accra with its crew since October 2nd due to a complaint by a US hedge fund.

  • 17/10/2012 | Argentina

    Moody's downgrades ratings of provinces, cities

    Moody's Investor Service announced it has downgraded the issuer and debt ratings of several provincies and cities in Argentina, due to the risks these states may face to access foreign currency and "serve their obligations in foreign currency."

  • 17/10/2012 | Argentina

    Lula calls Argentina, Brazil businessmen to build alliances

    Brazil's ex President Luiz Inácio Lula Da Silva blasted the "protectionist" measures of the developed l countries and called for an alliance between Argentina and Brazilian businessmen, as he highlighted that the gian neighbor "grows, but with a controlled inflation rate."

  • 12/10/2012 | Argentina

    'Argentina doesn't owe a dollar to the IMF'

    Argentina's Ambassador in the United States, Jorge Argüello, stated that the International Monetary Fund (IMF) will have to redefine itself after "having abandoned its original role" for which it was created for.

  • 25/10/2012 | Argentina

    Ghana port authorities ask that Argentine ship vacate Tema port

    Ghanaian port authorities sent a plea to a judge today asking that the Argentine navy training frigate Libertad, which has been impounded for three weeks, be vacated from Tema port due to it taking up critical space in the terminal.

  • 26/10/2012 | Argentina

    US court rules against Argentina over debt fix

    A US appeals court said Argentina discriminated against bondholders who refused to take part in massive debt restructurings in 2005 and 2010 by deciding to pay them later than bondholders who agreed to participate.

  • 28/10/2012 | Argentina

    Argentina, Iran to meet at UN office to discuss AMIA case

    Officials from the Argentine and Iranian governments will meet on Monday in their first work session surrounding the case investigating the terrorist attack against the AMIA Jewish community organization in 1994.

  • 29/10/2012 | Argentina

    Argentina, Iran meet at UN office to discuss AMIA case

    Officials from the Argentine and Iranian governments met today in Geneva in their first work session surrounding the case investigating the terrorist attack against the AMIA Jewish community organization in 1994.

  • 30/10/2012 | Argentina

    CFK diagnosed with low blood pressure, cancels agenda

    President Cristina Fernández de Kirchner was forced to cancel her agenda for 24 hours after doctors diagnosed her with low blood pressure.

  • 30/10/2012 | Argentina

    Fitch puts Argentina ratings on watch negative

    Fitch Ratings has placed Argentina's Long-term foreign currency Issuer Default Rating (IDR) of 'B', Short-term IDR of 'B' and the international bonds issued under New York Law on Rating Watch Negative (RWN).

  • 31/10/2012 | Argentina

    AMIA: Timerman announces new negotiations with Iran scheduled for November

    Foreign Minister Héctor Timerman announced at the Government House that new negotiations between diplomatic representatives of Argentina and Iran over the 1994 AMIA terrorist attack, will take place before the end of Novemeber.

  • 31/10/2012 | Argentina

    Bond prices sink, risk spread grows after S&P downgrade

    The price of benchmark bonds in dollars sank as much as 7 percent in early over-the-counter trade today, a day after Standard & Poor's downgraded the country's sovereign credit rating.

  • 31/10/2012 | Argentina

    Argentina loses EU preferential import scheme

    The EU has issued today its revised import preference scheme - known as the Generalised Scheme of Preferences (GSP) - for developing countries most in need which will take effect from 1 January 2014, revealing that Argentina will no longer benefit.

  • 31/10/2012 | Argentina

    Argentine Embassy to be opened in Republic of Suriname

    The national government published a decree today confirming the opening of an Argentine Embassy in the Republic of Suriname, formally known as Dutch Guiana, located in the northern area of South America.

  • 01/11/2012 | Argentina

    CFK assures Argentina will make bond payments 'in dollars'

    President Cristina Fernández de Kirchner assured today that Argentina's dollar-denominated debt bonds are to be “paid in dollars” whilst criticizing a New York appeals court ruling that could force the country to repay creditors who have sued to collect on bonds in default since 2002, in a speech at the Government House today.

  • 30/10/2012 | Argentina

    S&P downgrades Argentina's rating on 'vulture funds' ruling

    Standard & Poor's Ratings Services reported it has downgraded Argentina's sovereign credit rating from "B" to "B-," following the US Second Circuit Court of Appeals affirmed the ruling over "vulture funds."

  • 30/10/2012 | Argentina

    Standard & Poor's complete report

  • 04/11/2012 | Argentina

    CB governor lashes out at vulture funds in Mexico

    Central Bank governor Mercedes Marcó del Pont warned today that 2actions carried out by vulture funds should be a global cause of concern,2 as she took part of a meeting of central bank heads, ahead of the G20 finance ministers summit in Mexico.

  • 05/11/2012 | Argentina

    AMIA case: Prosecutor asks Timerman to handle negotiations report

    Prosecutor Alberto Nisman, currently handling the investigation into the terrorist attack on the AMIA Jewish community centre in 1994, requested Foreign Minister Héctor Timerman reveal the diplomatic negotiations held between Argentina and Iran last week.

  • 05/11/2012 | Argentina

    'Argentina to fight US court ruling on debt,' Lorenzino says

    Argentina will use all legal means to defend its position against a US court ruling that would force the country to repay creditors who sued to collect on defaulted Argentine bonds, Economy Minister Hernan Lorenzino said.

  • 08/11/2012 | Argentina

    Fiscal surplus climbs 19.1% in September

    The fiscal surplus has reached 534.8 million pesos in September, 19.1 percent higher than the volume registered during the same month in 2011, according to Economy Ministry.

  • 11/11/2012 | Argentina

    UN ‘concerned’ about Argentina-UK Malvinas tensions

    United Nations Secretary-General Ban Ki-moon said the international body aims to see the conflict between Argentina and Britain over the Malvinas, Sandwich, and South Georgia islands sovereignty resolved through dialogue, but also made clear that the UK hasn’t yet accepted the UN’s intermediation.

  • 12/11/2012 | Argentina

    Argentina to sue Ghana before int'l court if frigate not liberated

    Speaking to reporters, Foreign Minister Héctor Timerman explained that "Tuesday is the deadline for Ghana's national government to lift the embargo of the Libertad frigate, recognizing the United Nations Convention on the Law of the Seas."

  • 12/11/2012 | Argentina

    CFK warns against those 'who seek the return of the ultra-conservative regime that destroyed Argentina'

    President Cristina Fernández de Kirchner led a rally along with Santa Fe Governor Antonio Bonfatti, to inaugurate a rolled steel industrial plant in the city of Villa Constitución.

  • 13/11/2012 | Argentina

    World Bank: Middle class now rivals poor in Argentina

    Between 2003 and 2009, the number of middle class inhabitants has been doubled in Argentina, from 9.3 million to 18.6 million, according to the World Bank.

  • 14/11/2012 | Argentina

    Lorenzino: 'We created subsidy register for the state to intervene intelligently'

    Economy Minister Hernán Lorenzino and Deputy Economy Minister Axel Kicillof spoke to reporters today over the launch of a register which will include public policies related to production incentives.

  • 11/11/2012 | Argentina

    Ghana to cut water, power, fuel supply to Libertad frigate

    The Ghana national government threatened to cut off supplies to the ARA Libertad frigate after crew members prevented Ghanaian port authorities from boarding and moving the detained ship to another port. The government will today present a “failure to comply” court order to the Ghanaian justice system.

  • 15/11/2012 | Argentina

    Hostage situation in Lomas de Zamora Courts ends

    An inmate who identified himself as “Pablo Palmito” and had taken two people hostage in a Lomas de Zamora courthouse after being escorted there to file a report on his request, turned himself to police after more than 3 hours of high tension.

  • 15/11/2012 | Argentina

    CFK: ‘Some try to convince Argentines that State is just a nuisance’

    President Cristina Fernández de Kirchner asked the Argentine society to “defend” the democratic system and warned “those sectors that are always trying to convince Argentines that the State is a bump in the road for the freedom of market”, during a speech given in General Rodríguez, Buenos Aires.

  • 16/11/2012 | Argentina

    Macri assures 'investors don't trust in Argentina'

    Buenos Aires City Mayor Mauricio Macri assured that "investors are turning their back to us, because they don't trust Argentina and prefer to invest their money in other regional country, as Uruguay, Brazil, Chile and Colombia."

  • 17/11/2012 | Argentina

    'Relations between Spain and Argentina are good'

    Foreign Minister Héctor Timerman assured that the relation with Spain is good, after he met with Spanish counterpart José Manuel García Margallo in Cádiz during the Ibero-American summit.

  • 18/11/2012 | Argentina

    'Argentina not going into default,' says Lorenzino

    Economy Minister Hernán Lorenzino said that "the only possibility" contemplated on regards Argentina's debt is "to meet all payments” of creditors that entered debt swaps after the 2001 default and said the country "cannot and will not enter in default."

  • 18/11/2012 | Argentina

    ‘We're witnessing the end of the Kirchnerite era,’ UCR’s Sanz

    National Senator Ernesto Sanz (Radical Party) said today that though that massive demonstration that took the streets on November 8 was "a message for all politicians in general", Argentina is witnessing "the end of the Kirchnerite era." 

  • 20/11/2012 | Argentina

    Massive picketing isolates City

  • 21/11/2012 | Argentina

    Gov't confirms third yearly raise on domestic flights tickets

    The Government has authorized a 20% raise on domestic flights ticket -the third of the year- as it was published today in the Official Gazette.

  • 21/11/2012 | Argentina

    Libertad frigate: Ghana judge rejects Argentina's bid to drop case

    Ghana rejected today Argentina’s plea for Accra City’s Commercial Tribunal to drop the case that kept the Libertad navy training frigate impounded at Tema port since October 2nd.

  • 22/11/2012 | Argentina

    US court orders Argentina to pay bond holders in 'vultures' row

    Argentina suffered a stinging blow late last night, when New York federal judge Thomas Griesa, citing threats by the country's leaders to defy his rulings in a decade-old dispute over defaulted sovereign bonds, ordered immediate payment.

  • 22/11/2012 | Argentina

    Lower House Kirchnerite leader says ruling is ‘reprehensible’

    The leader of the Kirchnerite caucus in the Lower House, Agustín Rossi, referred to the recent ruling signed by US District Judge Thomas Griesa against Argentina saying it is “reprehensible”.

  • 22/11/2012 | Argentina

    Read the ruling against Argentina

    Click here to get access to the complete text of the ruling signed by US District Judge Thomas Griesa against Argentina.

  • 22/11/2012 | Argentina

    De Vido accuses former economy ministers of 'giving away Argentina’s sovereign jurisdiction'

    Planning Minister Julio De Vido was the first Cabinet member to come on stage today after the ruling against Argentina over vulture funds.

  • 22/11/2012 | Argentina

    Argentina says Judge Griesa's ruling 'unfair,' to request revision on Monday

    Economy Minister Hernán Lorenzino assured during a press conference that "paying off the vulture funds is illegal," and said that the ruling by US District Judge Thomas Griesa against Argentina is "unfair." The minister also warned that Griesa's ruling might affect the international financial system, and the country as well.

  • 26/11/2012 | Argentina

    Malvinas: Gov't rejects British accusations of 'maritime insecurity'

    Argentine ambassador to London Alicia Castro rejected before the International Maritime Organization (IMO) an accusation by the United Kingdom regarding maritime security in Argentine waters and the sailing of British and Malvinas Islands ships that dock in local ports.

  • 27/11/2012 | Argentina

    Government leaves open door for new debt swap

    After the appeal filed by Argentina in a New York’s court, Economy Minister Hernán Lorenzino didn't rule out a possible third debt exchange for bondholders who did not enter the two previous ones “if required by the Justice of the US, but only if it contemplates a similar offer to that made in 2010."

  • 27/11/2012 | Argentina

    Fitch downgrades Argentina on 'probable default'

    Fitch Ratings agency announced it has downgraded Argentina's long-term foreign currency Issuer Default Rating from "B" to "CC," with a negative outlook, as it sees a "probable default" if the country misses its payment to holdout investors.

  • 27/11/2012 | Argentina

    'Foreign countries have the right to think Argentina won't keep its commitments'

    Córdoba province Governor José Manuel De la Sota said today that foreign countries have a "right to think that Argentina will not fullfill its commitments,” as he visited Brazil.

  • 28/11/2012 | Argentina

    Government will ask SC to declare fuel tax unconstitutional

    Economy Minister Hernán Lorenzino and Deputy Economy Minister Axel Kicillof rejected in a press conference this morning a fuel tax implemented in Córdoba province.

  • 30/11/2012 | Argentina

    Libertad frigate hearings continue in Hamburg

    Argentina’s dispute with Ghana over the detention of the Libertad training frigate in Tema port had its second day of hearings today at the Hamburg-based International Tribunal for the Law of the Sea.

  • 01/12/2012 | Argentina

    AMIA probe: Argentina to launch new action plan for Iran talks

    Foreign Minister Héctor Timerman confirmed today that there were new meetings with envoys of the Iranian government over the probe handling the AMIA bombing, and assured that Argentina will present a new action plan in the next few weeks.

  • 03/12/2012 | Argentina

    US dollar ends higher at AR$4.855

  • 03/12/2012 | Argentina

    Repsol files ICSID complaint against Argentina

    Spain's Repsol SA filed a complaint against Argentina before the International Center for Settlement of Investment Disputes (ICSID) today over its nationalization of energy company YPF SA, a source familiar with the matter told reporters.

  • 04/12/2012 | Argentina

    Ecuador's Correa to lobby Argentina on Chevron case

    Ecuador's president, Rafael Correa, said he would discuss a lawsuit against Chevron for environmental damage in Ecuador's jungle areas with Argentine President Cristina Fernandez after plaintiffs took their case to that country.

  • 05/12/2012 | Argentina

    Argentina complains to WTO over US, European trade curbs

    Argentina has filed complaints with the World Trade Organization against the United States over limits on beef and lemon shipments, and against the European Union for curbs on biodiesel, Foreign Minister Hector Timerman said.

  • 06/12/2012 | Argentina

    Argentina regrets US, EU 'untimely' accusations before WTO

    In a press release issued by the Foreign Ministry, the local Government said that the accusations made by the US and the EU against Argentina before the WTO are “untimely.”

  • 07/12/2012 | Argentina

    Media Law: US 'watching the process closely'

    The US State Department Spokesman Mark Toner spoke about Argentina during a news conference and referred to the media law and the dispute between the executive and the judiciary powers.

  • 07/12/2012 | Argentina

    Gov't: 'Argentina has just gone through a week of judiciary disgrace'

    Cabinet Chief Abal Medina came on stage today after an Appeals court yesterday favoured Clarín media group by extending an injunction it had placed on an article of the Media Law.

  • 07/12/2012 | Argentina

    YPF sees deals with Bridas, Chevron before end 2012

    Energy company YPF expects to finalise an agreement with Bridas Holding for it to make a substantial invesmtent in YPF's shale assets before the end of 2012, YPF's chief executive said today.

  • 07/12/2012 | Argentina

    'We are tired of the EU calling Argentina protectionist,' CFK says

    President Cristina Fernández de Kirchner gave a speech at the Summit for Heads of State of Mercosur and Associated States taking place in Brasilia today where affirmed that the country was “tired of being called protectionist by the European Union.”

  • 07/12/2012 | Argentina

    SC holds emergency meeting to analyse gov't's 'per saltum' plea

    The Supreme Court today held an emergency meeting to analyse the government’s ‘per saltum’ plea that sought to get the annulment of a ruling which yesterday extended an injunction placed by Clarín media group on Article 161 of the Media Law.

  • 13/12/2012 | Argentina

    CFK: 'Argentina close to reaching automobile trade agreement with Mexico'

    President Cristina Fernández de Kirchner announced that the Government is in the process of reaching an automobile trade agreement with Mexico.

  • 13/12/2012 | Argentina

    IMF confirms December report, no action until 2013

    The board of directors of the International Monetary Fund (FMI) will not make any decision over Argentina at least until next year, although it will send a report on Monday, the fund's spokesman, Gerry Rice, said.

  • 13/12/2012 | Argentina

    CFK ratifies Argentina to pay $3.5 billion in GDP-bonds

    President Cristina Fernández de Kirchner assured that “against all foreign and domestic attempts” at stopping it, Argentina will pay on Friday $3.5 billion dollars in GDP-bonds, which represents the largest payment to private bondholders since 2001.

  • 13/12/2012 | Argentina

    'Trending Now' with Adrian Bono

    Adrian Bono returns with the latest edition of Trending Now, exploring the most talked about news on Twitter in Argentina this week.

  • 15/12/2012 | Argentina

    UN court orders Libertad frigate release, to arrive in Argentina on Jan 9

    UN’s International Tribunal for the Law of the Sea ordered the release of the Libertad naval training ship which was detained in Ghana at the request of holders of defaulted Argentine state bonds. Later, Defence Minister Arturo Puricelli stated that the frigate will arrive in Argentina on January 9.

  • 15/12/2012 | Argentina

    CFK says 'the Frigate is coming back'

    "Once more we comply, the Frigate is coming back," was the first statement given by President Cristina Fernández de Kirchner over the ruling of the UN's International Tribunal for the Law of the Sea to release the Libertad frigate.

  • 17/12/2012 | Argentina

    Government notifies Clarín to transfer licenses

    Martín Sabatella, the head of AFSCA media watchdog this morning notified Grupo Clarín that it is required to start the process to transfer its licenses today while the group has already appealed judge Horacio Alfonso’s decision on the Media Law’s constitutionality.

  • 17/12/2012 | Argentina

    'Libertad frigate heading home on Wednesday,' Defence Minister

    Defence Minister Arturo Puricelli, confirmed this morning that Argentine navy training ship ARA Libertad will sail from Ghana, where it’s been seized since October, this Wednesday to arrive to the Buenos Aires port on January 9.

  • 17/12/2012 | Argentina

    IMF board to discuss Argentina's official index in January

    The board of directors of the International Monetary Fund (IMF) will visit Argentina by the end of January to debate the country's improvement in the quality of its official economic index, IMF spokesman announced yesterday.

  • 18/12/2012 | Argentina

    President meets with head of Catholic Church

    Two weeks after the Catholic Church issued a statement warning of ‘irreconcilable divisions’ in Argentine society, President Cristina Fernández de Kirchner meets with José María Arancedo, head of the Argentine Episcopal Synod.

  • 29/11/2012 | Argentina

    Senate approves capital markets regulation bill

    The Upper House of Congress approved today a government-sponsored bill to regulate capital markets by 40 votes in favour and 22 against.

  • 21/12/2012 | Argentina

    'Rural Society seizure is a retaliation for the Resolution 125'

    Following a government's decree seizing the Rural Society grounds, its president Luis Miguel Etchevehere, came on stage today to say the decision is "an attack against the farming sector."

  • 21/12/2012 | Argentina

    US dollar steady at AR$4.91

  • 22/12/2012 | Argentina

    Looting: Nearly 500 arrested in Greater BA

    Close to 500 people were arrested in connection to the looting attacks carried out on various supermarkets in Greater Buenos Aires, particularly in the area that was hardest-hit on Friday; San Fernando.

  • 24/12/2012 | Argentina

    Pignanelli assures nationwide looting was 'orchestrated'

    The head of Smata, Ricardo Pignanelli, today assured last week's nationwide looting was "orchestrated", although he warned "evidence must be found" to accuse any sector for these events.

  • 26/12/2012 | Argentina

    Gov't says Spain lifted biodiesel imports restriction

    Spain has lifted the biodiesel imports restrictions that had applied months ago after a bilateral dispute, the government announced after presenting a complaint before the World Trade Organization (WTO).

  • 12/12/2012 | Argentina

    IDB grants $6B loan to Argentina

    The Inter-American Development Bank (IDB) approved a credit programme for Argentina of $6 billion dollars until 2015, destined to works in the region known as Norte Grande, and Greater Buenos Aires, the Economy Ministry stated in a communiqué.

  • 28/12/2012 | Argentina

    Accident on Argentina-Chile border kills five

    Five people were killed and 22 injured today after a coach and a truck collided, on the Argentine border with Chile in Mendoza province.

  • 29/12/2012 | Argentina

    ARA Libertad sails past Brazil, Mar del Plata bound

    The ARA Libertad frigate, an Argentine navy training ship, is currently sailing close to the city of Salvador de Bahía in Brazil, some 1,350 kilometres from the coast, on its way to Argentina. The ship is expected to arrive in Mar del Plata port on January 9th, the Defence Ministry said.

  • 01/01/2013 | Argentina

    US climber dies at Aconcagua

    A US climber was found dead at the Aconcagua mountain, being the second member of the expedition that died trying to reach the top of the highest mountain in América, authorities reported.

  • 04/01/2013 | Argentina

    The Sun's advert in the Herald

  • 05/01/2013 | Argentina

    Argentina reacts to British answer on Malvinas sovereignty

    Tensions flared between Argentina and the UK following President Cristina Fernández de Kirchner’s open letter to Prime Minister David Cameron urging him to reopen the Malvinas Islands sovereignty talks and The Sun's advert published in yesterday's Herald.

  • 07/01/2013 | Argentina

    Pichetto doubts Congress support for CFK third period

    The head of the Victory Front’s bloc in the Senate, Miguel Angel Pichetto, acknowledged the government will need to reach large "political consensus" with the opposition in order to reform the constitution and enable a third period for President Cristina Fernández de Kirchner.

  • 09/01/2013 | Argentina

    Timerman to travel to Caracas in support of Chávez

    President Cristina Fernández de Kirchner designated Foreign Minister Héctor Timerman to represent the country in the events taking place tomorrow in the Venezuelan capital.

  • 09/01/2013 | Argentina

    'Nobody will obtain anything from Argentina through extortion,' CFK

    President Cristina Fernández de Kirchner assured that her administration will continue to resist pressure and warned that "through extortion and by force nobody will obtain anything from Argentina," as she led a ceremony to celebrate of the return of Frigate Libertad at the Mar del Plata port.

  • 14/01/2013 | Argentina

    CFK meets with UAE's President

    President Cristina Fernández de Kirchner met with United Arab Emirates’ President Sheikh Khalifa bin Zayed Al-Nahyan to discuss possible food and nuclear energy agreements between the two countries as well the opening of a UAE’s trade bureau in Buenos Aires.

  • 17/01/2013 | Argentina

    IMF board of directors to discuss Argentine statistics on February 1st

    The board of directors of the International Monetary Fund will review Argentine statistics on February 1st, managing director Christine Lagarde announced today.

  • 25/01/2013 | Argentina

    'Vulture funds' say Argentina must pay up

    Investors who refused to join two sovereign debt restructurings by Argentina urged a US court to force the country to pay them.

  • 27/01/2013 | Argentina

    Argentina, Iran sign agreement toward solving AMIA case

    A “Memorandum of Understanding” between the governments of Argentina and Iran intended to resolve the 1994 terrorist bombing of the Argentine-Jewish Community Centre AMIA in Buenos Aires was signed today according to the Presidential web site.

  • 27/01/2013 | Argentina

    CFK meets with Piñera, closes Chilean tour

    On the last day of his stay in Chile, President Cristina Fernández de Kirchner held a series of private meetings with leaders in the final day of the European Union (EU) and Latin American and Caribbean States Community (CELAC) summit held in Santiago de Chile.

  • 18/01/2013 | Argentina

    Malvinas gov't sets referendum date and question

    The Malvinas Islands government announced the date on which a referendum in order to enable islanders to express their view on the political status of the islands will be held.

  • 29/01/2013 | Argentina

    Timerman meets with DAIA, AMIA and relatives of victims, rejects criticism

    After meeting with officials from the AMIA and DAIA Jewish organizations and relatives of the 1994 bombing victims, Foreign Minister Héctor Timerman assured that the agreement with Iran to create a truth commission “does not ignore the local justice system’s investigation.”

  • 30/01/2013 | Argentina

    AMIA: Timerman denies third-party intervention on Iran deal

    Foreign Minister Héctor Timerman assured today that “no third party intervened in the ‘memorandum of understanding’ signed by Iran and Argentina which enables the latter to question Iranian citizens linked to the 1994 bombing of the AMIA Jewish Centre.”

  • 01/02/2013 | Argentina

    Malvinas: new round of diplomatic tension between Argentina, UK

    Both Argentine and UK governments came on stage today after Foreign Minister Hector Timerman rejected to attend a meeting called by London over Malvinas, prompting another diplomatic battle between Argentina and the United Kingdom over the Islands' sovereignty.

  • 01/02/2013 | Argentina

    AMIA rejects Argentina-Iran deal

    The head of the AMIA, Guillermo Borger, confirmed its rejection towards the deal signed between Argentina and Iran to create an independent international “truth commission” in the investigation of the 1994 AMIA terrorist attack.

  • 02/02/2013 | Argentina

    Argentina aims at bond 'holdouts' ahead of court showdown

    Argentina has made its final written arguments ahead of a February 27 US courtroom showdown against "holdout" bondholders demanding 100 cents on the dollar for debt that the South American country defaulted on more than a decade ago.

  • 03/02/2013 | Argentina

    AMIA, victims’ relatives question gov't solo move

    AMIA Jewish Community Centre President Guillermo Borger, said in a radio interview that the relatives of the victims of the 1994 bombing attack are going through a "difficult time" following the agreement between Argentina and Iran to create a commission to interrogate suspects.

  • 04/02/2013 | Argentina

    Timerman: 'Argentina is an incomplete country without Malvinas'

    Foreign Minister Héctor Timerman arrived in London today to meet with an Argentine-United Kingdom multi-party parliamentary group and the 18 pro-dialogue groups from across the European Union tomorrow.

  • 04/02/2013 | Argentina

    Lorenzino bashes IMF 'economical recipes'

    Economy Minister Hernán Lorenzino bashed the International Monetary Fund (IMF) by assuring that “its recipes include unemployment, higher taxes and level of international indebtedness.”

  • 04/02/2013 | Argentina

    Minister Kicillof booed at ferry liner

    Deputy Economy Minister Axel Kicillof was booed by numerous passengers of a Buquebus ferry line boat as the official was returning from his summer house in Colonia del Sacramento in the neighboring country of Uruguay.

  • 07/02/2013 | Argentina

    Puricelli: Chilean marines xenophobic chantings 'unacceptable'

    Defence Minister Arturo Puricelli called today “unacceptable” the chantings of Chilean marines inciting to kill Argentines, Bolivians and Peruvians.

  • 07/02/2013 | Argentina

    CFK sends Argentina-Iran agreement to Congress

    President Cristina Fernández de Kirchner announced she would send to Congress the recent agreement reached between Argentina and Iran in order to investigate the AMIA bombing in 1994, and assured that “the Argentine Justice will not be obstructed.”

  • 08/02/2013 | Argentina

    Argentina to participate in International Fashion Showcase in London

    Argentine designers will have their chance to show their stuff this year at the International Fashion Showcase in London, hosted by the British Council and the British Fashion Council, displaying a diverse range of designs in the heart of the British capital.

  • 12/02/2013 | Argentina

    AMIA, DAIA urge lawmakers to vote against Iran deal

    Jewish Community Centre AMIA and DAIA leaders Guillermo Borger and Julio Schlosser today rejected one more time the agreement signed by the Argentine and Iranian governments last week to investigate the 1994 AMIA centre bombing which killed 85 people.

  • 13/02/2013 | Argentina

    AMIA: Jewish community calls for Iran deal annulment

    The Simon Wiesenthal Center came on stage today to reject the Argentina-Iran deal signed last week to jointly investigate the 1994 AMIA bombing in Buenos Aires, following the rejection of AMIA and DAIA Jewish community centres.

  • 13/02/2013 | Argentina

    AMIA, DAIA 'strongly reject' Argentina-Iran accord before Congress

    The heads of the AMIA and DAIA Jewish umbrella organizations, Guillermo Borger and Julio Schlosser, strongly rejected the agreement signed between Argentina and Iran in order to create a truth commission looking to investigate the 1994 terrorist attack that left over 80 people dead.

  • 14/02/2013 | Argentina

    Timerman insists 'AMIA accord is a step forward'

    Foreign Minister Héctor Timerman came on stage today after the bill that aims to establish the agreement with Iran to jointly investigate the 1994 AMIA terrorist attack as a treaty was cleared for debate yesterday at the Senate.

  • 14/02/2013 | Argentina

    US dollar moves up to AR$5.015; 'blue' climbs a cent to AR$7.66

    The US dollar moved up compared to yesterday's closing price after opening unchanged, trading at AR$4.965 (buying price) and AR$5.015 (selling price). In the informal market, the so-called "blue" dollar closed at  AR$7.63/AR$7.66, moving up from this morning's price.

  • 14/02/2013 | Argentina

    Shares slightly down

    Buenos Aires Merval benchmark stock index moved down by 0.1 percent to 3,303.79 points, gaining 15.6 percent so far in 2013

  • 14/02/2013 | Argentina

    Pro-government CGT warns of 'economic stagnation'

    The head of pro-government CGT umbrella labour union Antonio Caló warned that the economy has stagnated and insisted that price controls implemented by the government "are usless if they are not maintained over time."

  • 15/02/2013 | Argentina

    Timerman says AMIA: 'trying to stop investigation'

    Foreign Minister Héctor Timerman questioned the leaders of the AMIA Jewish community organization as well as opposition leaders who oppose the Argentina-Iran agreement to investigate the 1994 bombing, and assured that “they frighten people by talking about a third attack.”

  • 24/02/2013 | Argentina

    Argentina, hedge funds set for US appeals court battle

    A long-awaited showdown in a US appeals court next week pits Argentina against a group of investors who refused to swap their debt after the country's historic 2002 default.

  • 24/02/2013 | Argentina

    Botnia case might return to the Hague

    Kirchnerite Senator Pedro Guillermo Guastavino did not rule out the possibility of Argentina returning to the Hague’s International Court after accusing Uruguay’s government of “hindering” the dissemination of information regarding the pulp mill Botnia-UPM monitoring, located on the banks of the Uruguay River.

  • 24/02/2013 | Argentina

    Peronist Front to vote against AMIA accord

    The agreement with Iran to probe the 1994 AMIA terrorist bomb massacre continues to receive criticism from the Jewish community, while the dissident Peronists party announced that it will vote against the bill on Wednesday, when it is scheduled to be debated in the Lower House.

  • 25/02/2013 | Argentina

    Argentina accuses UK of sending nuclear weapons to Malvinas

    Argentina accused the UK of transporting nuclear armoury in submarines to the Malvinas Islands, violating the international treaties that set the zone as nuclear-free.

  • 27/02/2013 | Argentina

    MAIE sweep Argentine vote in Italian election

    The Associative Movement Italians Abroad (MAIE) gathered the majority of the votes cast in Argentina for this week’s Italian election. The coalition included Italian-Argentine Claudio Zin and Italian deputy Ricardo Merlo.

  • 27/02/2013 | Argentina

    Prosecutor declares Media Law Constitutional

    Prosecutor José María Medrano has declared that Argentina´s media law is constitutional in tune with a recent ruling by the Federal Judge Horacio Alfonso. The Civil and Commercial Court will now have to confirm or reject Alfonso´s decision.

  • 27/02/2013 | Argentina

    Argentina urges 'workable' solution to bondholder fight

    Argentina's defence urged a US appeals court today to come up with a "workable" solution to its long-running fight with so-called holdout bondholders, and assured the country will not pay an amount exceeding the one set in the debt-swaps.

  • 02/03/2013 | Argentina

    Videla, Bignone to face 'Cóndor Plan' Trial

    Former dictators Jorge Rafael Videla and Reynaldo Bignone will be put on trial next Tuesday for their alleged involvement in the so called “Cóndor Plan” carried out by South American military dictatorships during the 70´s and 80’s.

  • 04/03/2013 | Argentina

    Castro dismisses Malvinas Islands' vote

    A referendum on the fate of the Malvinas Islands is a publicity stunt with no legal status, Argentina's ambassador to Britain said, warning that oil exploitation around the territory was impossible without better regional ties.

  • 05/03/2013 | Argentina

    'Cóndor Plan' Trial begins

    The historic trial that will shed light on the “Cóndor Plan” –a joint, repressive strategy by South American dictatorships to suppress opposition in the 70s and 80s - began today at the Federal Court building of Comodoro Py.

  • 06/03/2013 | Argentina

    $11.05 billion pesos primary budget deficit

    Argentina posted a primary budget deficit of 11.05 billion pesos in December, compared with a 8.11 billion peso deficit in the same month a year earlier, the government said.

  • 12/03/2013 | Argentina

    Argentina's Ambassador to London dismisses referendum

    Argentina's ambassador to London Alicia Castro dismissed the referendum held by Malvinas Islanders saying it is “a ploy that has no legal value”, and insisted that sovereignty claims are "over the territory and not the Islanders.

  • 13/03/2013 | Argentina

    Violent eviction at cultural centre: 4 arrests, 16 injured

    An eviction carried out by BA city Metropolitan police in the San Martín Cultural Center resulted in 4 arrests and left at least 16 people injured -two of them by lead bullets- on Wednesday’s early morning.

  • 11/03/2013 | Argentina

    Vale suspends potash mine project in Mendoza

    Brazilian mining giant Vale announced today it has suspended the US$5.9 billion Río Colorado potash project in Mendoza province.

  • 11/03/2013 | Argentina

    ‘For a referendum that is illegal, Argentina appears to be paying it a lot of attention,’ Malvinas gov’t

    By Adrian Bono - As the second day of the referendum takes place, Malvinas Legislative Assembly member Dick Sawle has an exclusive conversation with the Buenos Aires Herald.com in which he discusses the 1982 war, the present of the islands and what he hopes today’s plebiscite will accomplish.

  • 14/03/2013 | Argentina

    Against liberalism, critic of the IMF and foreign debt

    By Carlos Burgueño
    Harsh critic of free-market liberalism, the IMF and adjustment policies, and defender of the debt restructuring processes, Jorge Bergoglio, now Pope Francis, never refused to define where he stands when it comes down to economics, even in the most difficult moments.

  • 15/03/2013 | Argentina

    AMIA: Interpol assures red alerts on suspects will not be lifted

    In a press conference offered at the Government House today, Foreign Minister Héctor Timerman said the government received this morning a letter from Interpol stressing that the memorandum of understanding signed between the Argentinean and Iranian governments last month meant a “positive progress” for the investigation of the AMIA bombing.

  • 15/03/2013 | Argentina

    US dollar climbs to AR$5.10; blue to AR$8.05

    The US currency traded today half a cent higher at AR$ 5.045 (buying price) and AR$ 5.10 (selling price). The black market price or so-called "blue dollar" climbed six cents, trading at AR$8.03/AR$8.05.

  • 18/03/2013 | Argentina

    CFK asks Pope for his 'holy intervention' over Malvinas case

    President Cristina Fernández de Kirchner told reporters to be surprised by the Pope Francis’ invitation to share lunch with her, and revealed she asked the pontiff for his "holy intervention" ovewr Malvinas case in a press release celebrated at the Vatican.

  • 18/03/2013 | Argentina

    Argentine credit card holders buying abroad now charged with 20% tax

    The government today announced it will increase the tax credit cards users are paying when they purchase goods abroad. According to an AFIP resolution the tax will rise from 15 to 20 percent. Buyers of tourist packages to travel abroad will also pay an extra 20 percent tax surcharge.

  • 19/03/2013 | Argentina

    CFK, first head of state to salute Pope Francis

    President Cristina Fernández de Kirchner was the first head of state to salute Pope Francis after the inauguration mass.

  • 21/03/2013 | Argentina

    Pérez Esquivel meets Pope, rejects links to last dictatorship

    Pope Francis met today with Nobel Peace Prize winner Adolfo Pérez Esquivel who defended the new pontiff against accusations of involvement with the last military dictatorship.

  • 21/03/2013 | Argentina

    Betnaza blasts 'the handling of the exchange rate'

    The vice-president of the Argentine Industrial Union (UIA) and director of Techint, Luis Betnaza, blasted the Government's "handling" of the exchange rate policies and considered that they only generate "speculations."

  • 22/03/2013 | Argentina

    Argentina votes against Irán at UN Human Rights Council

    Amid tensions surrounding the Memorandum of Understanding over the AMIA case, Argentina has voted against Irán at the United Nations Human Rights Council that will keep investigating reports of human rights violations in the Islamic Republic.

  • 25/03/2013 | Argentina

    BA stocks close lower

    After opening higher in the morning, the Merval benchmark stock index closed 0.73 per cent down at 3,404.90 points, rising 12.5% so far March and gaining 20.2 percent so far this year.

  • 26/03/2013 | Argentina

    US appeals court declines to rehear Argentina bond case

    A US appeals court denied Argentina's request to have all the judges on its court reconsider a ruling that favored creditors who did not participate in its two debt restructurings.

  • 26/03/2013 | Argentina

    Argentina renews Malvinas claims at UN Decolonization Committee

    Foreign Minister Héctor Timerman has met with the head of the UN Special Committee on Decolonization Ecuadorian ambassador Diego Morejón Pazmiño to address the dispute with the UK over the sovereignty of Malvinas Islands.

  • 26/03/2013 | Argentina

    Gov't, opposition clash over elections

    Lawmaker Francisco De Narváez said that claims by the Justicialist Party (PJ in Spanish) against the opposition’s electoral campaign launched prior to the legal term responds to an “authoritarian government that does not want to discuss ideas.”

  • 27/03/2013 | Argentina

    Buenos Aires stocks close lower

    The Merval benchmark stock index closed lower at 3,380.78 points, dropping 1.1 percent but improving 12.1 percent so far this month and 19.7 percent so far this year.

  • 28/03/2013 | Argentina

    No Herald for a day

    There will be no issue of the newspaper today as kiosks will be closed on Good Friday. Stay informed with BuenosAiresHerald.com

  • 28/03/2013 | Argentina

    Berni: 'We do not have a nationwide security crisis'

    Speaking to reporters, Security Secretary Sergio Berni talked about the crime levels in some provinces and announced that next week 350 new patrol cars will be out in the streets of Buenos Aires City.

  • 29/03/2013 | Argentina

    NY: Argentina presents reopening of debt swap offer

    The national government will be making today’s afternoon a presentation before the New York appeals court to reopen Argentina’s debt swap in a move that seeks vulture funds to accept the debt restructuring offer.

  • 29/03/2013 | Argentina

    Francis drives fervour among devoted Argentineans on Good Friday

    Election of Argentine cardinal Jorge Mario Bergoglio as Pope has led to a rare religious enthusiasm among devoted people in Argentina who mark the Good Friday worships in churches all across the country showing pictures of their beloved Francis.

  • 30/03/2013 | Argentina

    Argentina holds ground in bond payment offer

    Argentina is pitching an alternative payment formula to a US appeals court that would allow it to resolve litigation with creditors holding defaulted bonds for which they are demanding to be paid $1.33 billion.

  • 30/03/2013 | Argentina

    Gov't: 'We'll keep on meeting debt obligations'

    Vice President Amado Boudou, Economy Minister Hernán Lorenzino, deputy Economy Minister Axel Kicillof and Finance Secretary Adrián Cosentino held a press conference defending Argentina’s stance at the US appeals court over the country’s dispute with “vulture funds”.

  • 30/03/2013 | Argentina

    Religious fervour marks Easter Vigil in Argentina

    The Easter Vigil will be celebrated tonight in all churches of the archdioceses and dioceses of Argentina, where devoted Catholics are experiencing enthusiastic religious fervor following the appointment of Argentine Jorge Mario Bergoglio as Pope.

  • 04/04/2013 | Argentina

    Argentina warns Uruguay, calls Mujica's statements 'unacceptable'

    Uruguayan president José Mujica’s controversial statements generated a strong response from the National Government, who summoned the Uruguayan ambassador to warn him that such comments are “unacceptable, denigrating and offend the memory a dead person,” in reference to former President Néstor Kirchner.

  • 05/04/2013 | Argentina

    'Blue' dollar, 8 cents higher at AR$8.40

    The so called "blue" dollar which trades on the black market, closed today 8 cents higher at AR$8.35 (buying price) and AR$ 8.40 (selling price). The official rate of the US dollar was unchanged at AR$ 5.085 (buying price) and AR$ 5.14 (selling price) compared to the previous closing price.

  • 05/04/2013 | Argentina

    Merval lower on US data, euro zone fears

    Buenos Aires' Merval benchmark stock index opened down 0.3 percent at 3,287.56 points, pushed by weak employment data from the US.

  • 05/04/2013 | Argentina

    Scioli: ‘400 people remain evacuated in La Plata, 900 in La Matanza’

    The Governor of the Buenos Aires province Daniel Scioli told reporters today that although no fatal victims were reported in La Matanza district, 900 people remained evacuated, while in flood-battered La Plata, 400 remained in 19 evacuation centres prepared to shelter the victims.

  • 08/04/2013 | Argentina

    'Blue' dollar, 7 cents lower at AR$8.33

    The so called "blue" dollar which trades on the black market ended 7 cents lower at AR$8.30 (buying price) and AR$8.33 (selling price) compared to Friday's closing price.

  • 08/04/2013 | Argentina

    Floods: Scioli to speak to reporters

    According to Buenos Aires province Communications Secretary Juan Courel, Governor Daniel Scioli will speak to reporters today on the current situation after the rains and floods which last week devastated the city of La Plata.

  • 08/04/2013 | Argentina

    Merval closes 2.01% higher

  • 08/04/2013 | Argentina

    Floods: Scioli confirms death toll remains at 51

    Buenos Aires Governor Daniel Scioli came on stage today to confirm that the death toll of the floods that affected the city of La Plata last week remained at 51.

  • 11/04/2013 | Argentina

    Arquitect Clorindo Testa dies

  • 11/04/2013 | Argentina

    Clorindo Testa's legacy in pictures

  • 11/04/2013 | Argentina

    S&P affirms Argentina's 'B-' rating, outlook remains negative

    Standard & Poor's Ratings Services today affirmed its 'B-' unsolicited long-term foreign and local currency sovereign credit ratings on Argentina.

  • 12/04/2013 | Argentina

    US dollar higher at AR$ 5,155; 'blue' lower at AR$8.43

    The US dollar traded higher today in exchange offices at AR$ 5,10 (buying price) and AR$ 5,155 (selling price). On the informal market, the so called "blue" dollar was trading one cent lower at AR$8.41 (buying price) and AR$8.43 (selling price).

  • 12/04/2013 | Argentina

    Local stocks edge up 0.7%

    The Buenos Aires stocks edged up 0.7 percent, with the Merval benchmark stock index reaching 3.484,56 points.

  • 12/04/2013 | Argentina

    Gov’t reports inflation reached 0.7% in March

    Inflation reached 0.7 percent in March, the Indec official statistics bureau reported today. So far this year inflation has hit 2.4 percent.

  • 15/04/2013 | Argentina

    Argentina salutes Maduro; says voting was cristal clear

    Argentina’s Foreign Ministry sent its congratulations to Venezuela’s elected president Nicolás Maduro. through an oficial communiqué. “The people of Argentina and its government congratulate President Nicolás Maduro for his electoral victory.”

  • 15/04/2013 | Argentina

    Judge refuses to rule over Iran-Argentina accord

    Federal judge María Alejandra Biotti declared herself “imcompetent” for ruling whether the accord celebrated between Argentina and Iran to resolve the 1994 AMIA bombing is unconstitutional or not after a request filed by both AMIA and DAIA Jewish community entities.

  • 15/04/2013 | Argentina

    Argentine Gov't denounces UK's 'military exercises' in Malvinas

    The Argentine Foreign Ministry denounced that the UK “will conduct new military exercises on occupied Argentine territory between today and the 26 of April,” including a missile launch from the Malvinas Islands, and said that it would send a protest letter to the British government.

  • 16/04/2013 | Argentina

    IMF renews inflation and trade restrictions' claims against Argentina

    IMF has said Argentina’s economy is to grow by 2.8 % this year, exceeding estimations by private-sector analysts but below the 4 per cent average set by the country’s forecasted budget. IMF’s 2014 projections for the South American country reach 3.5 %; renewed inflation and trade restrictions’ claims.

  • 16/04/2013 | Argentina

    Argentina condemns the terrorist attack in Boston

    The Government condemned "criminal" bombing attacks that took place during the Boston Marathon which killed three people and injured about one hundred and fifty other participants.

  • 19/04/2013 | Argentina

    US dollar closes at AR$5.17; 'blue' dollar down

    The price of the US dollar was higher today in exchange houses compared to yesterday's closing price while on the black market, the price of the so called "blue" dollar was trading lower.

  • 19/04/2013 | Argentina

    Vulture funds reject Argentina's payment offer

    Vulture funds have rejected Argentina’s debt payment offer over defaulted bonds renewing its position that the South American country fulfill its 1.3 billion dollar pay obligation.

  • 10/04/2013 | Argentina

    Floods: Baradel says only 30 to 40% of students are attending schools

    The head of Suteba Buenos Aires province teachers' union Roberto Baradel today informed that "there are still 30 schools affected by the storm" which devastated the city of La Plata last week, adding five of them were closed.

  • 22/04/2013 | Argentina

    US dollar closes at AR$5.175; 'Blue' at AR$8.67

    The official exchange rate for the US dollar gained half a cent today compared to the last closing price, and closed at AT$5.12 (buying price) and AR$5.175  (selling price).

  • 23/04/2013 | Argentina

    'Blue' dollar jumps 19 cents, hits new high at AR$8.86

    The so called "blue" dollar closed nineteen cents higher, hitting a new record high at AR$8.82 (buying price) and AR$8.86 (selling price). The official rate remained unchanged.

  • 23/04/2013 | Argentina

    Alvarez confirms two amendments to Council of Magistrates bill

    Justice secretary Julián Alvarez confirmed the decision to make two amendments to the judicial reform bill calling for changes in the Council of Magistrates and will allow the Supreme Court to handle the Judiciary’s budget.

  • 23/04/2013 | Argentina

    Government suspends Ralph Lauren operations in Argentina

    Following the alleged import bribes that Ralph Lauren would have paid to Argentine officials, AFIP tax agency has suspended the firm’s operations in the country.

  • 24/04/2013 | Argentina

    Pope tells Estela de Carlotto 'count on me' after greeting her in San Peter's Square

    Pope Francis today saluted the president of the Grandmothers of Plaza de Mayo Estela de Carlotto in San Peter's Square after leading the Wednesday's audience. They smiled and clasped hands before the pontiff ended the conversation by kissing her on the head. Carlotto handed the Pope a white envelope.

  • 24/04/2013 | Argentina

    Vatican says Pope Francis unlikely to visit Argentina in 2013

    Vatican dismissed the possibility of a visit of Pope Francis to Argentina this year. Local Church authorities had announced the pontiff would come in December.

  • 25/04/2013 | Argentina

    Yoma: 'The voting was absolutely legal'

  • 25/04/2013 | Argentina

    'Blue dollar' hits new record-high, ends at AR$9.20

    The so called "blue" dollar which yesterday climbed eight cents, today hit a new record-high after climbing 24 cents to AR$9.16 and AR$9.20 per dollar. 

  • 26/04/2013 | Argentina

    'Blue' dollar closed at AR$9.34 in skyrocketing week

    Climbing 14 cents in an already shaken black market, the so called “blue” dollar closed at AR $ 9,30 (buying price) and AR$ 9,34 (selling price).

  • 26/04/2013 | Argentina

    Agustín Rossi defends judicial reform, apologizes for outburst

    The head of the Victory Front caucus in the Lower House, Agustín Rossi, came on stage today to defend the judicial reform fueled by the government asserting "it defends courteous values" adding some of the bills contained in the reform and debated in Congress "improve the transparency of the Judicial Branch."

  • 26/04/2013 | Argentina

    Gils Carbó to be investigated for alleged irregularities in prosecutors' designations

    Federal Prosecutor Guillermo Marijuán formally reported the chief of prosecutors Alejandra Gils Carbó for alleged irregularities in the designation of prosecutors.

  • 26/04/2013 | Argentina

    BA stocks higher as investors shift from pesos to bonds and shares

    The Merval benchmark stock index in Buenos Aires Stock Exchange today rose 1 percent to 3,724.45 points, reaching a 9 percent raise so far the month and gaining 29 percent so far this year.

  • 02/05/2013 | Argentina

    UN expert warns of judicial reform

    A United Nations expert today expressed concerns again about the laws contained in the government-fueled judicial reform which she says might “politizice” the judiciary. She had already called the government to reconsider the most controversial bills of the reform.

  • 02/05/2013 | Argentina

    CFK: 'I would like to see more justice in Argentina'

    President Cristina Fernández de Kirchner said she would like to see “some more justice in Argentina” after referring to a court case she won against an Italian newspaper after accusing it of slander.

  • 04/05/2013 | Argentina

    UTA bus drivers' strike reaches 48 hours, negotiations at standstill

    Long distance bus drivers belonging to the Rail Automobile Union (UTA in Spanish) have ratified a strike action that has left hundreds of passengers stranded at the country’s bus stations for two days.

  • 03/05/2013 | Argentina

    'Blue' dollar closed at AR$9.88, climbed 54 cents during the week

    The so called "blue" dollar, which trades in the informal market, was poised to end the week in a skyrocketing trend. And it did. After climbing 23 cents yesterday, it jumped another 25 cents today to AR$9.84 (buying price) and AR$9.88 (selling price) pushed by small savers who are buying greenbacks.

  • 03/05/2013 | Argentina

    Tycoon Lázaro Báez to be investigated in money-laundering probe

    Prosecutor Guillermo Marijuán, who is in charge of an alleged money-laundering probe triggered by a TV show and which involves businessmen Leonardo Fariña and Federico Elaskar, today requested to extend the investigation to tycoon Lázaro Baez.

  • 03/05/2013 | Argentina

    Feletti admits gov't is 'having trouble promoting peso savings'

    In statements to a radio, the Victory Front's lawmaker questioned some business groups that “seek an abrupt devaluation to benefit their businesses.” “They are putting pressure on the government to destabilize it and force an exit,” he said.

  • 03/05/2013 | Argentina

    Buenos Aires stocks closed higher, hit new record

    Buenos Aires Merval benchmark stock index traded1.2 percent higher today at 3.888,10, climbing 4.3 percent so far the week and 34.6 percent so far this year. Yesterday, the index fell 0.1 percent on less-than-expected earnings data from Tenaris

  • 08/05/2013 | Argentina

    Complete text of the gov't's dollar-tax-whitewash bill (Spanish version)

    Read the complete text of the government-fueled bill which seeks to boost greenback reserves and the domestic real estate market.

  • 08/05/2013 | Argentina

    Senate approves Council of Magistrates controversial bill

    With 38 votes for and 30 votes against senators approved the controversial bill over the Council of Magistrates -a key judicial body that appoints and removes judges-, after the Lower House had introduced and passed amendments to the original project.

  • 09/05/2013 | Argentina

    José De Mendiguren on whitewashing bill: 'Real estate and energy sectors could regain dynamism'

    The president of the Argentine Industrial Union José De Mendiguren came on stage today to talk about the government's plan to whitewash dollars through a tax amnesty saying that sectors like real estate and energy could regain dynamism.

  • 09/05/2013 | Argentina

    'Blue' dollar ends at AR$10.03 after plunging 42 cents

    The so called "blue" dollar which trades on the black market was plunging today 42 cents to AR$10.03 (selling price) after skyrocketing yesterday to AR$10.45. Meanwhile, the official rate closed one cent higher at AR$5.175 (buying price) and AR$5.23 (selling price) compared to yesterday's close.

  • 09/05/2013 | Argentina

    Gov't sets dates for primary, legislative elections

    The government today formalized the call for this year's primary and legislative elections which will be held on August 11st and October 27th respectively.

  • 09/05/2013 | Argentina

    Gov't's economic team backs whitewashing draft bill at Senate

    The Government's economic team defended whitewashing draft bill at the Senate, answering questions from the opposition related to inflation, possible devaluation and real estimation of the "blue" dollar market.

  • 09/05/2013 | Argentina

    Feletti predicts '5 billion dollars may return to Argentina'

    The head of the Lower House Budget and Finance Committee Roberto Feletti considered that the whitewashing bill will allow the entrance of “around 5 billion dollars” into Argentina’s market. For the MP, the government is “fighting a historic battle to block” what he called a “market coup.”

  • 09/05/2013 | Argentina

    ‘Government not thinking of devaluating’

    Deputy Economy Minister Axel Kicillof and Economy Minister Hernán Lorenzino backed the tax amnesty bill proposed by the national government and rejected all devaluation rumours, as they addressed a Senate joint committee.

  • 10/05/2013 | Argentina

    Gov't's whitewash to 'dollarize' economy, Morales

    Opposition senator Gerardo Morales said the government’s bill to withwash dollars is “inopportune” and ratified rejection by the Radical Party caucus.

  • 10/05/2013 | Argentina

    US dollar ends higher, 'blue' transactions halted

    Amid a high volatility and uncertainty of the so called "blue" dollar rate which this week skyrocketed to record highs, traders were not operating today due to increasing fears of government controls over the so called "blue" dollar informal market.

  • 10/05/2013 | Argentina

    Former Economy Minister Cavallo: 'We are much worse than in 2001'

    Former Economy Minister Domingo Cavallo renewd criticism today of Argentina's current economic moment saying "it's much worse than in 2001," when an economic downturn and a controversial freeze of all bank accounts known as "corralito" led to a social and financial chaos.

  • 10/05/2013 | Argentina

    Buenos Aires stocks edged down 3.9%


    Buenos Aires Merval benchmark stock index dropped 3.9 percent to 3.712,51 points today. Still, the index shows gains by 0.4 percent this month and 35.5 percent so far the year.

  • 10/05/2013 | Argentina

    AFSCA media watchdog appeals Broadasting Law 'unconstitutionality'

    In yet another chapter of the government-Clarín row, the AFSCA media watchdog lodged today an appeal to the Supreme Court against a recent ruling that declared the unconstitutional nature of two key articles of the anti-monopoly broadcast legislation.

  • 13/05/2013 | Argentina

    Echegaray insists whitewash bill 'will help boost economy'

    The head of AFIP tax bureau Ricardo Echegaray today backed the controversial whitewashing bill sent by the government to Congress recalling that "back in 2009, 35 thousand people and companies accepted the offer and helped to boost the economy." 

  • 29/04/2013 | Argentina

    De Vido predicts 'emphatic' victory in October elections

    During a meeting today with Buenos Aires province mayors, Planning Minister Julio de Vido urged them to defend this government's path and predicted an "emphatic" victory in the upcoming legislative elections.

  • 02/05/2013 | Argentina

    'Blue' dollar skyrockets 22 cents, closes at AR$9.63

    The so called "blue dollar", which trades in the informal market, climbed 22 cents and closed at AR$9.60 (buying price) and AR$9.63 (selling price).

  • 06/05/2013 | Argentina

    Judge dismisses case against General-Attorney Gils Carbó

    Federal judge Sebastián Casanello today dismissed the case against General-Attorney Alejandra Gils Carbó, after Prosecutor Guillermo Marijuán had requested an investigation for alleged irregular appointment of prosecutors.

  • 06/05/2013 | Argentina

    Business tycoon Garfunkel in coma after car accident

    Argentine business tycoon Matías Garfunkel has been hospitalized in serious health conditions after having suffered a major car crash in San Carlos de Bariloche, Río Negro province.

  • 06/05/2013 | Argentina

    IMF projects LatAm growth to edge up; Argentina at bottom

    IMF’s Director for the Western Hemisphere, Alejandro Werner, warned about the “negative effect” that the existence of two exchange markets and protectionist policies represent to Argentina.

  • 07/05/2013 | Argentina

    'Blue' dollar climbs to AR$10.08; hits new record high

    While the US dollar official rate traded half cent higher today at AR$5.165/AR$5.22; the so called 'blue dollar' was 21 cents up at AR$10.04/AR$10.08 in the black exchange market reaching a new record-high. 

  • 08/05/2013 | Argentina

    'Blue' dollar 37 cents higher at AR$10.45, hits new record high

    After breaking the key psychological barrier of 10 dollars yesterday, the so called "blue" dollar which trades on the black market climbed again today 37 cents to AR$10.45.

  • 08/05/2013 | Argentina

    'Gov't heterodoxy to tackle real estate problems,' Kicillof says

    Deputy Economy Minister Axel Kicillof recognized today that the real estate sector faces “problems” and warned the government will continue to take “heterodox and creative” measures to revert them.

  • 14/05/2013 | Argentina

    Kirchnerite MPs clear whitewash bill for debate

    After a long and intensive discussion, the Kirchnerite MPs cleared the whitewash bill for debate that will take place on May 22. The bill is an official move that has sparked strong opposition criticism since first announced last week.

  • 14/05/2013 | Argentina

    'Blue' dollar down to AR$9.20; official rate ends half-a-cent higher

    After two days of a frozen black market dollar, the parallel rate traded today 83 cents lower at AR$9.20 while the official rate ended half a cent higher at AR$5.245 compared to yesterday's close.

  • 14/05/2013 | Argentina

    Buenos Aires stocks close with 2 % loss

    The Merval benchmark stock index closed at 3,510.11 points today, amid a buoyant session. It reached a 6.8 percent downturn so far the month and a 25.5 percent rise in the year.

  • 14/05/2013 | Argentina

    Argentina reaffirms anti-terrorism stance at UN Security Council

    At the UN Security Council meeting to debate terrorism in Africa, Deputy Foreign Minister Eduardo Zuain ratified Argentina’s position against “terrorism in all its forms and manifestations.”

  • 14/05/2013 | Argentina

    Last Judicial Reform bill cleared for debate in the Lower House

    A bill to regulate the designation of judiciary personnel and make it more "democratic" was cleared for debate today by pro-government lawmakers in the Lower House in an ordinary session.

  • 15/05/2013 | Argentina

    Black market dollar edged down to AR$9

    The black market dollar or "blue" dollar kept falling today and was traded around AR$9 while the official rate ended unchanged at exchange offices at AR$5.245 (selling price).

  • 15/05/2013 | Argentina

    Merval jumps 6% boosted by YPF shares

    Buenos Aires Merval benchmark stock index jumped today 6 percent to 3,720.91 points pushed by YPF shares which climbed 12.3 percent in Buenos Aires and 5.6 in Wall Street.

  • 15/05/2013 | Argentina

    Opposition coordinates joint move to reject whitewash bill

    The heads of opposition caucuses in Congress held a press conference this afternoon to reject the government’s whitewashing bill considering it “enshrines impunity over serious corruption crimes.”

  • 15/05/2013 | Argentina

    Inflation reaches 0.7% in April, INDEC says

    Argentina's Consumer Price Index was of 0.7 percent in April, the INDEC statistics bureau reported today, adding the index totalled 3.1 percent this year.

  • 16/05/2013 | Argentina

    Government praises 'reasonable' wage hike deals with unions

    Labour Minister Carlos Tomada praised today the wage hike deals reached yesterday with workers' unions underlining that this year negotiations had "a great rationality" and "a strong will to preserve the purchasing power of salaries."

  • 16/05/2013 | Argentina

    Erratic session led 'blue' dollar to AR$8.95

    In a highly erratic session, the black market dollar traded at 8.95 pesos (selling price), continuing its declining tendency of the last four business days.

  • 16/05/2013 | Argentina

    BA stocks edge down by 0.4 % on black market dollar concerns

    The Merval benchmark index was trading 0.5 lower at 3.706,71 points on concerns about the black market dollar, after opening higher pushed by YPF bonds.

  • 16/05/2013 | Argentina

    City lawmakers challenge Macri's media decree

    Buenos Aires City lawmakers which belong to Nuevo Encuentro political group today presented the first challenge to the emergency decree signed by Mayor Mauricio Macri to "protect the freedom of press" in the City jurisdiction, as they consider it "unconstitutional."

  • 16/05/2013 | Argentina

    'Public policies should not be implemented worrying about elections'

    "Public policies must be implemented thinking about future generations, instead of the upcoming elections," the president of the Supreme Court warned.

  • 16/05/2013 | Argentina

    Mujica: Argentina's 'self-sufficient' economic project troubles ties

    President of Uruguay José “Pepe” Mujica said Argentina’s economic “self-sufficient project” “worsens” bilateral ties and “multiplies” trade troubles. Still, he ruled out pressures on Buenos Aires; “won’t work,” he insisted.

  • 16/05/2013 | Argentina

    Whitewashing, 'taxpayers' vested right that won't be infringed', AFIP says

    The whitewash bill row has been set on the elections’ table. The AFIP tax bureau confirmed taxpayers’ “legitimate externalization right” “will not be affected” even in the “hypothetical case that the opposition manages to rally a majority parliamentary stance” after October’s legislative elections.

  • 17/05/2013 | Argentina

    Government enacts law that creates three new Cassation Courts

    The government today enacted one of the six controversial laws contained in the judicial reform package approved by the Congress.

  • 17/05/2013 | Argentina

    Dictator Jorge Rafael Videla dies

    Jorge Rafael Videla, a former army commander who led Argentina during the bloodiest period of a "dirty war" dictatorship and was unrepentant about kidnappings and murders ordered by the state, died today at age 87.

  • 17/05/2013 | Argentina

    Volatile 'blue' dollar rose to AR$8.95; stock index gained 2%

    In the last business day of the week, the black market dollar rose to AR$8.95 (selling price) after its declining tendency this week, while the official rate ended steady at exchange houses at AR$5.245 (selling price).

  • 17/05/2013 | Argentina

    ‘A despicable being has left this world,’ Carlotto

    The head of the Grandmothers of Plaza de Mayo human rights association, Estela de Carlotto, came on stage today after the death of dictator Jorge Rafael Videla was revealed.

  • 17/05/2013 | Argentina

    'We cannot celebrate death, but Justice, not revenge, was made,' Gov't

    Referring to the recent death of 87-year-old Jorge Rafael Videla, who led Argentina to a military dictatorship regime, Human Rights Secretary Martín Fresneda said “he ended his life as one of the people who were responsible for the main atrocity Argentine people lived.”

  • 17/05/2013 | Argentina

    ‘Videla took important information to the grave’

    City legislator Juan Cabandié, a recovered grandson, today regretted that Dictator Jorge Rafael Videla “took very important information to the grave regarding grandsons who are still missing and the whereabouts of our parents and mates.”

  • 17/05/2013 | Argentina

    Videla, unrepentant to the end

  • 17/05/2013 | Argentina

    Lula urges 'Cristina, Dilma to think big to consolidate South American integration'

    Former president of Brazil Luiz Inacio Lula Da Silva received eight “Honoris Causa” doctorates from national universities in a ceremony held at the Senate today.

  • 19/05/2013 | Argentina

    Disappearing democracy is a journalistic dilemma

    By Robert Cox
    Regular readers of this column know all too well that since I returned to Buenos Aires as a part-time resident three years ago I have repeatedly expressed my fear that democracy was in danger.

  • 20/05/2013 | Argentina

    US dollar rose to AR$5.25; 'blue' rate lower

    The US dollar price ended higher today at exchange houses at AR$ 5.25 (selling price) while the black market dollar or so called "blue" ended five cents lower at AR$8.90.

  • 20/05/2013 | Argentina

    Farmers may launch 'protest day'

    Farmers once more confirmed they continue on the sidewalk opposite to the government as the head of the Argentine Rural Federation Eduardo Buzzi today said they were analyzing to launch a “protest day.”

  • 20/05/2013 | Argentina

    Preliminary results of Videla's autopsy revealed

    Judiciary authorities today revealed the preliminary results of the autopsy practiced on the body of dictator Jorge Rafael Videla, who died last Friday in prison at age 87.

  • 20/05/2013 | Argentina

    BA stocks close down

    The Merval benchmark stock index was 0.5 percent down at 3,674.86 points. It hast lost 3.2 percent this month and has gained 29.5 percent this year.

  • 20/05/2013 | Argentina

    Lorenzino: ''Blue' dollar makes me laugh'

    Economy Minister Hernán Lorenzino today played down the black market dollar transactions and revealed the so called "blue" dollar "makes me laugh."

  • 20/05/2013 | Argentina

    Jobless rate grows to 7.9% in the first quarter

    Argentina's jobless rate grew to 7.9 percent in the first quarter from 7.1 percent in the same period of 2012, the INDEC statistics bureau reported today.

  • 21/05/2013 | Argentina

    'Non-declared dollars ease tax evasion,' Sbatella

    The head of the Financial Information Office(UIF in Spanish) José Sbatella today warned that non-declared dollars are a “black market investment factor” that creates “illegal activities” and “eases tax offense.”

  • 21/05/2013 | Argentina

    US dollar closes at AR$ 5.255; 'blue' rate lower

    The US dollar official rate rose half a cent today at exchange houses ending at AR$5.255 for its selling price while the black market dollar slid 32 cents and closed to AR$8.58.

  • 21/05/2013 | Argentina

    'No formal notification' about Iran's AMIA deal approval

    The Foreign Ministry has received “no formal notification” about Iran’s approval of the Memorandum of Agreement signed with the Islamic Republic to probe the 1994 AMIA attack.

  • 22/05/2013 | Argentina

    Senate debates whitewash bill

    Senators were addressing today the whitewashing bill that sets a tax amnesty plan allowing undeclared greenbacks’ access to the formal market and that most opposition blocs have resisted for "paving the way to money laundering."

  • 22/05/2013 | Argentina

    Black market dollar closes at AR$8.43 while official rate rises

    The black market dollar continued today with its declining tendency as its selling price closed at AR$8.43, 15 cents lower than yesterday's close.

  • 22/05/2013 | Argentina

    Obama salutes CFK on National Day anniversary

    In a letter addressed to president Cristina Fernández de Kirchner today, US president Barack Obama "congratulated" Argentina on the anniversary of its National Day on May 25th.

  • 23/05/2013 | Argentina

    Black market dollar escalated to 8.80 pesos

    The black market dollar rose again today after 10 days of stability. Its selling price ended 37 cents higher at 8.80 pesos, while the official rate ended half a cent higher at AR$5.265 (selling price) in exchange houses, following a 2-cent hike during the week.

  • 23/05/2013 | Argentina

    Kirchnerite Navarro warns about 'price makers' abuse'

    Kirchnerite lawmaker Fernando “Chino” Navarro warned about the “abuse by price makers.” supporting the government’s decision to deploy political activists across the country to control prices.

  • 23/05/2013 | Argentina

    BA teachers fail to reach wage deal, call new strike

    Buenos Aires province teachers one more time failed to reach a wage hike agreement with provincial authorities in a meeting today after which they decided to call a 48-hour strike for next Monday and Tuesday.

  • 23/05/2013 | Argentina

    Palestine condemns Israeli attack on Argentine diplomatic vehicle

    Palestine condemned the attack by Israeli soldiers against a car belonging to Argentina’s embassy in the Middle East country and praised Argentine support to the Palestinian cause.

  • 23/05/2013 | Argentina

    Stocks close down on black market dollar concerns

    Argentine shares closed on a 0.3 percent low on black market dollar concerns and weak economic data from China.

  • 24/05/2013 | Argentina

    Black market dollar rises to 8.95 pesos

    In a week of a buoyant black market dollar, the so called "blue" rate rose 15 cents to 8.95 pesos for its selling price. It climbed 37 cents yesterday after the government established new limits to overseas dollar extractions.

  • 24/05/2013 | Argentina

    La Cámpora's leader backs 'price watch' campaign

    Kirchnerite lawmaker Andrés Larroque confirmed activist group “La Cámpora” he leads will be meeting next week to outline the “price watch” campaign announced by CFK earlier this week and that aims at the observance of the price freeze policy set by the national government.

  • 24/05/2013 | Argentina

    King Juan Carlos I of Spain salutes CFK on National Day

    Juan Carlos I of Spain today sent a letter addressed to president Cristina Fernández de Kirchner to express "my best wishes of peace and prosperity for the Argentine brotherly nation" as Argentina is celebrating another anniversary of its National Day May 25th.

  • 25/05/2013 | Argentina

    Thousands attend National Day rally in Plaza de Mayo

    Political and social organizations as well as spontaneous citizens gathered at the Plaza de Mayo square in Buenos Aires city to attend the National Day’s celebrations, marking the 203rd anniversary of the May Revolution, the beginning of Argentina’s independence from Spain.

  • 25/05/2013 | Argentina

    CFK calls to 'empower people' during official May 25 celebrations

    President Cristina Fernández de Kirchner arrived at the Plaza de Mayo square to head the official May 25 celebrations surrounded by Vice President Amado Boudou, all cabinet ministers and human rights leaders such as Estela De Carlotto.

  • 27/05/2013 | Argentina

    Gov't signs Council of Magistrates reform into law

    The government today promulgated the Council of Magistrates reform, one of the six controversial bills contained in the judicial reform approved by the Congress, and called for elections of council members.

  • 27/05/2013 | Argentina

    Black market dollar closes lower while BA stocks slightly up

    The US dollar ended steady today at 5.275 pesos for its selling price after climbing three cents in the last five business days, while the black market rate clsoed two cents lower at 8.93 pesos. Argentine shares rose 0.6 percent.

  • 27/05/2013 | Argentina

    Council of Magistrates reform: Gov’t decrees trigger criticism, warnings

    Two decrees signed by President Cristina de Kirchner today triggered heated criticism in the opposition and the first legal challenges filed by the Radical Party and the City's College of Lawyers.

  • 27/05/2013 | Argentina

    BA teachers ask national government to intervene in wage dispute

    Roberto Baradel, the head of SUTEBA teachers’ union came on stage today after Education Minister Alberto Sileoni suggested that the three-month-old dispute between the Scioli administration and the province teachers should be solved by both parts without the government meddling.

  • 29/05/2013 | Argentina

    Anti-Government strike held nationwide

    The anti-government faction of the CTA umbrella union and ATE state workers' union finished their national strike with more than 100 roadblocks across the country. After blocking the major accesses to the City of Buenos Aires, protesters gathered at Plaza de Mayo Square.

  • 29/05/2013 | Argentina

    US dollar ends higher at 5.285 pesos; black market price steady

    The US dollar ended half a cent higher today at exchange offices at a selling price of 5.285 pesos while the black market dollar was stable at 8.88 pesos.

  • 29/05/2013 | Argentina

    CFK kicks off Eva Perón’s exhibition in Venice Biennale: ‘Cultural won decade as well’

    With a conference call, President Cristina Fernandez officially inaugurated the exhibition on the life and work of late political leader Eva Perón that is taking place in the Venice Biennale from where Vice President Amado Boudou headed the opening ceremony.

  • 29/05/2013 | Argentina

    BA stocks rebound on YPF shares

    After a weak opening affected by uncertainty over the US Fed's stimulus programme, YPF shares, which were climbing 8.5 percent, pushed Buenos Aires stocks up in today's trade.

  • 30/05/2013 | Argentina

    Gov't secures tax amnesty bill at Lower House

    After a 12-hour debate, the Lower House signed into law the tax amnesty bill. Kirchnerite MPs managed to rally the necessary support to pass the government-sponsored project on a 130-107 votes.

  • 30/05/2013 | Argentina

    US dollar closes at 5.29 pesos; 'blue' rate lower

    The US dollar ended half a cent higher today at exchange offices at a selling price of 5.29 pesos. The black market dollar slid one cent to 8.87 pesos amid a government strategy of pushing its price down.

  • 30/05/2013 | Argentina

    UN Rapporteur renews criticism of justice reform

    United Nations Special Rapporteur on the Independence of Judges and Lawyers Gabriela Knaul renewed her cricism of Argentina’s reform of the judiciary system. Argentine ambassador to the UN Alberto D’Aloto questioned her position.

  • 30/05/2013 | Argentina

    Servini de Cubría puts off ruling over injunction against Council of Magistrates reform

    Federal Judge María Servini de Cubría refused to rule on a request for an injunction filed by a group of lawyers against the controversial Council of Magistrates reform, signed into law this week by president Cristina Fernández de Kirchner.

  • 31/05/2013 | Argentina

    Repsol's Brufau threatens to take legal actions against Argentina

    Head of Repsol Antonio Brufau threatened to take legal actions against Argentina’s allegations accusing him of “irregular payments” during the Spanish administration of YPF.

  • 31/05/2013 | Argentina

    'Blue' dollar lower at 8.80 pesos; official rate steady

    The black market dollar or so called "blue" dollar was seven cents lower today 8.80 pesos amid a government strategy to lower its price.

  • 31/05/2013 | Argentina

    Mar del Plata judge freezes Magistrates Council members election

    Responding to a request made by the College of Lawyers of Mar del Plata Buenos Aires beach city, federal Judge Alfredo López today decreed a precautionary measure against the government-fueled and recently passed reform of the Magistrates Council.

  • 31/05/2013 | Argentina

    Price freeze: Gov't's 500-product list available

    The government has made the list of the 500 products hit by Guillermo Moreno’s price freeze available. Consumers can already check the information online at the website of the state news agency Télam. Coto, Carrefeur, Disco, Jumbo, Vea, Chango más and Wal-Mart are the first supermarkets to publish the so called “frozen prices.”

  • 31/05/2013 | Argentina

    Prosecutor requests 8-years prison sentence for Menem

    Prosecutor Marcelo Agüero Vera today requested an eight-year prison sentence for senator and former president Carlos Menem, accused of illegally selling arms to Croatia and Ecuador during his administration in the 90s.

  • 03/06/2013 | Argentina

    US dollar higher at 5.295 pesos; "blue" 20 cents lower

    The US dollar ended half a cent higher today at exchange offices in the City at a selling price of 5.295 pesos. The parallel or so called "blue" dollar ended 20 cents lower at 8.60 pesos after ending at 8.80 last Friday amid a government strategy to lower its price through the bond market.

  • 03/06/2013 | Argentina

    Judge rejects suspension of Magistrates Council election

    Dolores district Federal Judge Alejo Ramos Padilla today rejected a request made last week by the College of Lawyers of that city to suspend the Magistrates Council elections, called last week by a presidential decree.

  • 03/06/2013 | Argentina

    BA stocks close slightly down

    Buenos Aires shares were down today amid thin trading volume as investors were more interested in the blue dollar price.

  • 03/06/2013 | Argentina

    Iran plays down Nisman allegations, calls him “Zionist”

    Iranian Foreign Ministry today accused Argentine Prosecutor Alberto Nisman of “Zionist” rejecting recent allegations that Tehran has infiltrated South American countries to commit terrorist attacks.

  • 04/06/2013 | Argentina

    US dollar closes steady at AR$ 5,295; 'blue' lower

    The US dollar ended steady today at 5,240 pesos for its selling price at exchange offices and banks while the black market dollar ended 10 cents lower at 8.45 pesos.

  • 04/06/2013 | Argentina

    Neuquén lifts Copahue red alert

    Crisis Committee working at the volcano-threatened province of Neuquén decided to lift the read alert issued in recent days facing the eruption of the Copahue Volcano. Evacuated residents should be returning back home tomorrow.

  • 05/06/2013 | Argentina

    Black market dollar closes at AR$ 8,55, official rate at AR$ 5,30

    The so called “blue” dollar closed today at AR$ 8,50 (buying price) and AR$8,55 (selling price). Official rate of the US currency closed at AR$ 5,30.

  • 06/06/2013 | Argentina

    Black market dollar closes at 8.57 pesos; official rate closes 1 cent up

    The black market dollar was 5 cents higher today at a selling rate of 8.69 pesos while the official dollar rate closed one cent higher at exchange offices and banks in Buenos Aires City at 5.31 pesos.

  • 07/06/2013 | Argentina

    Fears of gov't control paralyze dollar informal market

    The dollar informal market was paralyzed today with no transactions registered amid fears of controls from the government. Meanwhile, the US dollar remained unchanged today at exchange offices at a selling price of 5.31 pesos after rising two cents this week.

  • 07/06/2013 | Argentina

    UN backs media law, questions gov't's advertising distribution

    UN Special Rapporteur on the promotion and protection of the right to freedom of opinion and expression Frank La Rue praised Argentina’s anti-monopoly media legislation but questioned the government’s distribution of media advertising.

  • 09/06/2013 | Argentina

    Argentina ratifies its 'inalienable rights' over Malvinas Islands

    The National Government once again recalled Argentina’s “inalienable right” over the Malvinas Islands, and its “strong will to promptly restart negotiations with the United Kingdom” over the what it considers to be an “unacceptable and anachronic colonial situation.”

  • 10/06/2013 | Argentina

    Electoral director says primaries will be held as planned

    The national electoral director, Alejandro Tullio, today confirmed open primaries will be held on August 11th as scheduled, rejecting versions elections could be jeopardized by the wave of injunctions filed in the last weeks, which sought to cancel the Magistrates Council members vote set for the same day.

  • 10/06/2013 | Argentina

    Fariña, Elaskar testify in money-laundering probe

    Businessmen Leonardo Fariña and Federico Elaskar testified before federal judge Sebastián Casanello in the case investigating alleged money laundering which also involves Kirchnerite tycoon Lázaro Baez.

  • 11/06/2013 | Argentina

    US dollar closes at 5.32; black market paralyzed

    While the US dollar rate at exchange offices closed at a selling price of 5.32 pesos today. All eyes were on transactions in the informal market which have been virtually paralyzed since yesterday on fears of government controls after Guillermo Moreno's threats.

  • 10/06/2013 | Argentina

    Seven deaths from influenza A virus reported in BA province

    Buenos Aires province health authorities have confirmed today seven people have died in the last month from the influenza A virus and 40 people have been reported infected by the H1N1 strain.

  • 10/06/2013 | Argentina

    AMIA: Canicoba Corral in charge of ruling on Iran deal validity

    Federal Judge Rodolfo Canicoba Corral will be in charge of ruling on the validity of the Memorandum of Understanding signed between Argentina and Iran to jointly investigate the 1994 AMIA bombing in Buenos Aires which left 85 people killed.

  • 10/06/2013 | Argentina

    CFK says she'll do anything to 'democratize' the three branches of government

    During a rally she headed today in Rio Gallegos, the capital city of Santa Cruz province, president Cristina Fernández de Kirchner one more time defended a controversial judicial reform, recently passed in the Congress and signed into law.

  • 28/05/2013 | Argentina

    EU imposes duties on Argentine biodiesel

    The European Union is imposing punitive duties on imports of biodiesel from Argentina and Indonesia, charging them with selling the product into the bloc at unfairly low prices.

  • 28/05/2013 | Argentina

    Lower House cleares whitewash bill for debate

    The Lower House cleared the Government-sponsored whitewash bill for debate at tomorrow's session, after the joint committee gathered to discuss it with Kirchnerite lawmakers.

  • 28/05/2013 | Argentina

    US dollar closes at 5.28 pesos; black market price lower

    The US dollar closed half a cent higher today at 5.28 pesos for its selling price while the black market rate finished four cents lower at 8.88 pesos after ending at 8.93 pesos yesterday.

  • 28/05/2013 | Argentina

    Anti-government farmers launch action plan

    Farming groups –including the Rural Society, the Argentine Rural Confederations (CRA), Coninagro and the Argentine Agrarian Federation (FAA)-, launched an action plan against the government´s agricultural policies at the Obelisk. The same entities defied the Kirchnerite rule in 2008 with a 129-day lockout.

  • 28/05/2013 | Argentina

    Biodiesel row: Gov't blasts European 'protectionism'

    Argentina hit back: EU’s decision to impose duties on Argentine biodiesel exports reinforces European protectionism aggravated by the international crisis. “The measure responds to the incapacity of European producers to compete with more efficient producers,” the Foreign Ministry has warned.

  • 11/06/2013 | Argentina

    AMIA Prosecutor warns Iranian terrorist attack in Uruguay 'likely'

    Prosecutor Alberto Nisman, who is in charge of investigating the 1994 terrorist attack against the AMIA Jewish community centre in Buenos Aires, today warned that an Iranian terrorist cell could perpetrate a similar attack in neighboring Uruguay.

  • 11/06/2013 | Argentina

    UCR lawmakers file impeachment request against Prosecutor-General Gils Carbó

    Radical party senators José Cano, Ernesto Sanz and Gerardo Morales filed an impeachment request to Congress president Julian Dominguez, accusing Prosecutor-General Alejandra Gils Carbó of "compromising the independence of the organization she presides."

  • 11/06/2013 | Argentina

    Judge Servini de Cubría rules against Council of Magistrates reform

    Federal Judge María Servini de Cubría ruled that the Council of Magistrates reform law recently passed by Congress is unconstitutional. Her decision comes hours away from the deadline to apply for electoral alliances ahead of October's legislative elections.

  • 12/06/2013 | Argentina

    Government to file 'per saltum' plea after Servini de Cubría’s ruling

    Immediately after Judge María Servini de Cubría declared the Magistrates Council reform unconstitutional, the national government confirmed it would file a "per saltum" plea to be received and analyzed by the Supreme Court.

  • 12/06/2013 | Argentina

    Informal market dollar trading resumes gradually

    Although gradually, the informal market dollar began to be traded again after being virtually paralyzed for the last three business days, on fears of government controls.  

  • 14/06/2013 | Argentina

    US dollar closes at AR$5.34; few informal transactions registered

    The US dollar closed at a selling price of 5.34 pesos at exchange offices, continuing its upward tendency of the last business days.

  • 14/06/2013 | Argentina

    Inflation reaches 0.7% in May, INDEC says

    Argentina's Consumer Price Index was of 0.7 percent in May, the INDEC statistics bureau reported today, adding the index totaled 3.8 percent this year.

  • 14/06/2013 | Argentina

    Media Law reaches Supreme Court

    Another chapter in the conflict between Fernández de Kirchner administration and the Clarín Group was reopened today when the Federal Civil and Commercial Court announced the admission of the extraordinary file request, presented by the National Government and the AFSCA institution.

  • 15/06/2013 | Argentina

    Black market dollar drop 'reasonable,' Central Bank

    Drop in black market dollar rates is “reasonable,” Central Bank vice president Miguel Pesce considered as he explained the US greenback has showed “irrational” trends due to “speculative maneuvers.”

  • 17/06/2013 | Argentina

    Official dollar rises to 5.345 pesos; BA stocks edge down

    The US dollar rose half a cent higher today compared to the last closing price at a selling rate of 5.345 pesos. The Merval stock index closed lower at 3.1 percent to 3,100.35 points.

  • 17/06/2013 | Argentina

    'Ángeles had a punch in her face with traces of blood'

    Gabino Pistoia is the union representative of the workers of Ceamse trash dump, where Angeles Rawson was found murdered last week. He came on stage today to assure "her body was considerably harmed, but because of the process of the garbage-pressing machine.”

  • 18/06/2013 | Argentina

    Dollar closes at 5.35 pesos; BA stocks fall

    The official dollar rate rose half a cent to AR$ 5,295 (buying prince) and AR$ 5,35 (selling price) at exchange offices and banks.

  • 18/06/2013 | Argentina

    Abal Medina says ruling 'is an offense to the Argentine people'

    "The Supreme Court ruling about the popular election of magistrates is an offense to the Argentine people”, Cabinet Chief Juan Manuel Abal Medina in reaction to the Supreme Court ruling against the Council of Magistrates reform.

  • 19/06/2013 | Argentina

    Freezing Argentina: Temperatures below zero as polar wave continues

    Today’s has been so far the coldest day of 2013. A polar wave hitting Argentina’s central and south areas for three days has dropped temperatures to below 0 zero in several areas of the provinces of Buenos Aires and La Pampa as well as in the Southern Patagonia region.

  • 19/06/2013 | Argentina

    US dollar closes at 5.355 pesos; BA stocks edge up

    The US dollar climbed a cent higher at exchange houses today at a selling price of 5.355 pesos. It has risen 1.1 percent so far the month and 8.6 percent so far the year. Buenos Aires shares edged higher today amid thin trade ahead of the long weekend.

  • 20/06/2013 | Argentina

    Argentina renews sovereignty claims over Malvinas Islands at UN

    Joined by ruling party and opposition MPs, Foreign Minister Héctor Timerman arrived in New York to address the UN Special Committee on Decolonization and urge the UK to sit at the negotiating table.

  • 20/06/2013 | Argentina

    De la Sota: 'They are going after a constitutional reform'

    Cordoba Governor José Manuel de la Sota said in reaction to President Cristina Fernández de Kirchner's speech in his province's capital, and assured that the administration is seeking a constitutional reform “before 2015”.

  • 23/06/2013 | Argentina

    Candidates list confirmed nationwide

    Lomas de Zamora Mayor Martín Insaurralde, and Lower House Mayority leader, Juliana Di Tullio, are going to head the congressional ticket in August.

  • 24/06/2013 | Argentina

    US dollar closes higher after long weekend

    The US dollar closed higher today at a selling price of 5.7 pesos. The so called "blue" rate closed at 8.05 pesos as the informal market was gradually resuming operations.

  • 24/06/2013 | Argentina

    Scioli: 'The most important list is the list of people’s problems'

    “The most important list is the list of people’s problems,” Buenos Aires province Governor Daniel Scioli made his political will clear, after the candidates’ lists for October midterm elections were revealed during the weekend.

  • 24/06/2013 | Argentina

    Argentine stocks close on a low, in line with global markets

    Buenos Aires closed 1.6 percent lower today in line with global markets amid concerns over China's banking system and the US Federal Reserve's policies.

  • 25/06/2013 | Argentina

    Argentina asks US Supreme Court to hear debt appeal

    Argentina has taken its legal battle with "holdout" creditors to the US Supreme Court, asking that body to overturn a lower court ruling in a case whose outcome could push the country into default.

  • 25/06/2013 | Argentina

    US dollar closes at 5.37 pesos

    The US dollar closed at exchange offices and banks at a selling price of 5.37 pesos. The so called "blue" dollar rate ended at 8 pesos, after the informal market resumed operations which had been virtually paralyzed since last June 6th on fears of government controls.

  • 25/06/2013 | Argentina

    'The case is not closed,' Mangeri's lawyer insists

    Despite new evidence incriminating Jorge Mangeri, the janitor of the building where slain Angeles Rawson lived with her family, and the only suspect in the investigation, his lawyer, Miguel Angel Pierri, came on stage today to insist the case is not closed and that Mangeri did not act alone.

  • 25/06/2013 | Argentina

    Scioli calls for end to midterm elections

    Buenos Aires Governor Daniel Scioli said today there should be an electoral reform to end with midterm elections, as citizens are more concerned about the government's administration than about arguments between politicians.

  • 25/06/2013 | Argentina

    CFK: 'You have to manage the country every day of the year'

    President Cristina Fernández de Kirchner criticized the opposition lists for the upcoming elections in August during a rally with Entre Ríos Governor Sergio Urribarri, in which they celebrated the 200 years of its capital city, Paraná.

  • 26/06/2013 | Argentina

    US dollar closes at 5.375 pesos; 'blue' rate steady

    The US dollar closed at selling price of 5.375 pesos at exchange offices while  the informal market rate or so called "blue" dollar was steady at 8 pesos.

  • 12/06/2013 | Argentina

    Central Bank publishes regulations on CEDIN bonds

    The Central Bank regulated the CEDIN, a trade bond that allows its holder to purchase property and use it as an alternative method to paying with US dollars in order to acquire real estate assets or any other transaction as long as both parts involved in the transaction agree.

  • 13/06/2013 | Argentina

    Informal exchange rate virtually paralyzed, implied from the blue-chip swap market

    The US dollar closed higher at exchange offices at a selling price of 5.35 while the infomal market continued virtually paralyzed today with few transactions made based on the blue-chip swap rate.

  • 13/06/2013 | Argentina

    Carlos Menem sentenced to 7 years in prison for arms trafficking

    Senator and former president Carlos Menem was sentenced today to seven years in prison for smuggling weapons to Croatia and Ecuador.

  • 13/06/2013 | Argentina

    Supreme Court accepts Government's Per Saltum request on Council of Magistrates reform

    The Supreme Court of Justice accepted a Per Saltum request filed by the National Government regarding the Council of Magistrates and the popular election of magistrates reform. Justices are going urgently consider the case in order to reach a resolution on the matter soon.

  • 26/06/2013 | Argentina

    CFK replaces joint chiefs of the Armed Forces

    In a surprise move, President Cristina Fernández de Kirchner replaced the top heads of the armed forces and appointed Brigadier General Luis María Carena as the new head of the joint chiefs of staff.

  • 27/06/2013 | Argentina

    US dollar closes at 5.385 pesos

    The US dollar closed at a selling price of 5.385 at exchange offices continuing its upward tendency of the last business days.

  • 27/06/2013 | Argentina

    Supermarket sales grow 19% in May, Indec reports

    According to a monthly report released by Indec statistic bureau, supermarket sales grew 19 percent in May compared to the same period of last year, totaling 9,933.7 billion pesos, thus, advancing 2.6 percent against the previous month.

  • 28/06/2013 | Argentina

    US dollar closes at 5.39 pesos; BA shares higher

    The US dollar closed at exchange offices today, at a selling price of 5.39 pesos, advancing more than 9 percent so far this year.

  • 01/07/2013 | Argentina

    'Cedin bonds will activate consumption,' CNV head foresees

    The Security and Exchange Commission (CNV) Chairman Alejandro Vanoli came on stage today as the Cedin dollar-denominated bonds were officially launched, saying the bond “is not a foreign currency but a saving instrument.”

  • 01/07/2013 | Argentina

    Fashion firm to accept Cedin bonds as a payment instrument

    An Argentine fashion firm was the first one in its segment to announce it would accept  the Cedin dollar-denominated bonds, which came into effect today, as a payment instrument.

  • 01/07/2013 | Argentina

    US dollar ends higher at 5.40 pesos; 'blue' dollar closes at 7.98 after slow reactivation

    The US dollar rose one cent today at exchange offices reaching a selling price of 5.395 continuing its ascending tendency and totaling a 9.5 percent increase so far this year. Meanwhile, the informal market slowly reactivated, with the so-called "blue" dollar closing at a selling price of 7.98

  • 01/07/2013 | Argentina

    BA stocks close on a high pushed by energy firms

    Argentine shares were edging up today with the Merval benchmark stock index adding 1.3 percent to 3,019.82 points, pushed by energy firms.

  • 02/07/2013 | Argentina

    US dollar closes at 5.40 pesos; 'blue' lower

    The US dollar ended steady at exchange offices today at a selling price of 5.40 while the "blue" dollar rate closed at selling price of 7.93 pesos, five cents lower than its last close.

  • 02/07/2013 | Argentina

    Media Law: SC requests Attorney-General Gils Carbó to rule on constitutionality

    The Supreme Court today submitted the Media Law investigation files to Kirchnerite Attorney-General Alejandra Gils Carbó for her to give her judgment before the Court issues a final ruling.

  • 02/07/2013 | Argentina

    Argentine shares close on a low

    Buenos Aires shares fell 0.8 percent today pushed down by Petrobras Brazil and Telecom, with the Merval benchmark index at 2,994.08 points.

  • 02/07/2013 | Argentina

    Argentine debt at 44.9% of GDP, grew 10.3% in 2012

    Finance secretary Adrián Consentino has revealed that the Argentine national debt equals 44.9 per cent of the nation's Gross Domestic Product (GDP), and underlined "Argentina's commitment" to pay its creditors.

  • 02/07/2013 | Argentina

    Massa calls on young people to vote ahead of upcoming elections

    Sergio Massa, mayor of Tigre and leading candidate for deputy on the Progressive Front list in Buenos Aires, has called on young people to vote in the next legislative elections, at a meeting with students in the final years of high school.

  • 03/07/2013 | Argentina

    CFK: Evo Morales’ situation ‘humiliating’

    In early comments on her Twitter account today, President Cristina Fernández de Kirchner referred to Evo Morales' situation after his plane was diverted to Vienna on suspicions that US leaker Edward Snowden was on board.

  • 03/07/2013 | Argentina

    US dollar closes at 5.41 pesos; 'blue' higher

    US dollar reached 5.355 pesos (buying price) and 5.41 pesos (selling price) at exchange offices while the so called "blue" dollar rate closed at 7.95 pesos.

  • 04/07/2013 | Argentina

    US dollar closes at 5,415 pesos; 'blue' at 7.98 pesos

    The US currency closed half a cent higher today at banks and exchange offices with a buying price of AR$5,36 and a selling price of AR$5,415.

  • 04/07/2013 | Argentina

    S&P analyse debt in City and four provinces

    Financial agency Standard & Poor's could could lower the rating of several subsovereign entities to "volatile" due to the continued restrictions on currency exchange.

  • 05/07/2013 | Argentina

    US dollar closes at 5,415 pesos; 'blue' down to 7,97 pesos

    US dollar closed at AR$5,36 for buyers and AR$ 5,415 for sellers at banks and exchange offices. Meanwhile, the so called “blue dollar” operating in the black market dropped one cent with buying rates at AR$ 7,92 and selling rates at AR$ 7,97.

  • 05/07/2013 | Argentina

    Mangeri's defence doubts maid's statement

    Jorgé Mangeri’s attorney, Miguel Angel Pierri says he has "doubts" about the Rawson family's maid Dominga Torres, as there seem to be discrepancies with her recount of the events that took place on the day of the murder.

  • 07/07/2013 | Argentina

    Civilization versus barbarity in the upcoming midterm elections / By Mempo Giardinelli

    Corruption as the central issue of politics and the axis of pre-electoral debate.

  • 07/07/2013 | Argentina

    A new case of ‘Dirty War’ appropriation reaches court

    By Luciana Bertoia

    Herald staff

  • 07/07/2013 | Argentina

    The many uses of satellite photography

    By Andrew Hughes

    Herald staff

  • 08/07/2013 | Argentina

    US dollar closes steady at 5.415 pesos; BA shares edged up

    The US dollar closed steady today at exchange offices and banks at 5.355 pesos (buying price) and 5.415 pesos (selling price). The informal market rate rose one cent and closed at a selling price of 7.98 pesos.

  • 08/07/2013 | Argentina

    De Narvaez: Massa could ally with Kirchnerism

    Francisco de Narváez has suggested that Tigre mayor, Sergio Massa "could ally with Kirchnerism to vote through the constitutional reform that allows the re-reelection of President Cristina Fernández".

  • 08/07/2013 | Argentina

    Macri 'addressing worries over crime and insecurity'

    City Mayor Mauricio Macri, has affirmed that his administration has tackled "the people's first demand, which is worries over insecurity" and confirmed "the commitment to keep working to let people live in peace".

  • 09/07/2013 | Argentina

    CFK calls for support to 'preserve the Kirchnerite model,' blasts Judiciary

    President Cristina Fernández de Kirchner today praised the recovery of the Argentine state during the 10 years of Kirchnerite ruling, as she headed the Independence Day main rally held this afternoon in Tucumán province.

  • 09/07/2013 | Argentina

    New York appeals court recognises 'Vulture Funds' entitled to payment

    The Appeals Court of New York's Second Circuit has released their opinion on Argentina's defaulted bonds. The latest order states that the court rejects appeals made against the judgement of October 26 2012 which had obliged Argentina to pay 100 percent of their debts to creditors.

  • 09/07/2013 | Argentina

    Court statement 'does not affect appeal,' Gov't says

    The order handed down by the Appeals Court of New York's Second Cirtcuit "does not affect the appeal" that the Argentine government is pursuing in the case against the vulture funds, according to the Economy Ministry.

  • 10/07/2013 | Argentina

    'Blue' dollar rate jumps to 8.09 pesos

    The US dollar traded half a cent higher today at exchange offices and banks at a selling price of 5.42 pesos while in the informal market the dollar rate jumped 11 cents to 8.09 pesos (selling price) compared to the last close.

  • 11/07/2013 | Argentina

    CFK announces 24% raise in salary for Armed Forces

    During the traditional dinner with the officers and leaders of the Armed Forces, President Cristina Fernández de Kirchner announced a 24% raise in salary for its personnel.

  • 21/07/2014 | Argentina

    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 | Argentina

    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 | Argentina

    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 | Argentina

    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 | Argentina

    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.

  • 22/07/2014 | Argentina

    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.

  • 22/07/2014 | Argentina

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

    Before the hearing held in New York today, Cabinet Chief Jorge Capitanich reiterated the importance of the suspension of Griesa’s ruling requested by Argentina.

  • 22/07/2014 | Argentina

    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 | Argentina

    ‘Blue’ dollar up to 12.45 pesos after Griesa's decision; US dollar unchanged at 8.18

    After US Judge Thomas Griesa’s decision to deny Argentina's stay request, the “blue” dollar went up 18 cents to close at 12.45 pesos. Meanwhile, in Buenos Aires City banks and foreign exchange offices the US dollar traded steady today at 8.18 pesos.

  • 22/07/2014 | Argentina

    US Judge Griesa rejects stay request, Argentine lawyers say deal not possible by July 30 without it

    US Judge Thomas Griesa rejected Argentina’s request for a suspension on the ruling that ordered Buenos Aires to pay 1.3 billion dollars plus interests to vulture funds. The country’s lawyers said a deal cannot be reached by July 30 without it. Court-appointed mediator, Daniel Pollack, called for Argentina and holdouts to meet tomorrow at 11 a.m. (Argentine time) for a first face-to-face encounter.

  • 22/07/2014 | Argentina

    '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 | Argentina

    Buenos Aires stocks fall after vulture fund hearing

    The Buenos Aires City stock market registered losses after US Judge Thomas Griesa denied a new Argentine request for a suspension of the order to pay bondholders before July 30, although heavy early falls were arrested. The Merval index closed down 1.1% at 8,332.29 points.

  • 23/07/2014 | Argentina

    ‘Life goes on for Argentina despite vulture funds' extorsion’

    In the aftermath of US Judge Griesa’s decision, Cabinet Chief Jorge Capitanich said that “despite the extorsion of a tiny group of speculators […] Argentina keeps on moving” and praised the government’s economic stimulus policies. “Life goes on for Argentina,” he stated.

  • 23/07/2014 | Argentina

    Cold weather back after spring-like temperatures

    A cold wave from the Antartica has put an end to the spring-like weather Argentineans enjoyed in the past days. The National Weather Service (SMN) reported low temperatures and strong winds nationwide and snowfalls in the Patagonian region.

  • 23/07/2014 | Argentina

    Picket causes traffic chaos on Panamericana highway

    The Panamericana highway at kilometer 31.5 in the Buenos Aires province locality of General Pacheco was once again blocked by workers of the Lear auto-parts company demanding the re-hirement of colleagues. Gendarmes were able to clear one lane of the highway but the tension was high.

  • 23/07/2014 | Argentina

    VP Boudou delivers a written statement in fake car permits probe

    Amado Boudou met with Federal Judge Claudio Bonadío in the Comodoro Py federal courthouse but refused to answer questions over alleged irregularities in the purchase of an Honda CRX vehicle in 1992. The VP delivered a written statement instead.

  • 23/07/2014 | Argentina

    US dollar unchanged at 8.18 pesos; ‘blue’ dollar up to 12.60

    The US dollar closed unchanged today in Buenos Aires City banks and foreign exchange offices at 8.18 pesos, while the so called "blue" dollar went up 15 cents to close at 12.60.

  • 24/07/2014 | Argentina

    ‘The situation is absurd, should be fixed by the judge himself’

    Ahead of a new hearing called by Judge Thomas Griesa's mediator, Daniel Pollack, in the battle against holdout creditors, Cabinet Chief Jorge Capitanich said the country faces "an absurd situation caused by an absurd ruling that should be fixed by the judge himself”.

  • 24/07/2014 | Argentina

    US dollar up to 8.19 pesos, 'Blue' falls back

    After moving up by 15 cents yesterday, the “blue” dollar fell back 10 cents to 12.50 pesos today. The official US dollar, meanwhile, closed up a cent at 8.19 pesos in Buenos Aires City banks and foreign exchange offices.

  • 24/07/2014 | Argentina

    BA City Mayor Macri urges the gov't to pay holdout bondholders

    The mayor of Buenos Aires City Mauricio Macri reiterated his belief that Argentina should “comply with [US Judge Thomas Griesa’s] ruling” that orders the country to pay holdout hedge funds in full by Wednesday.

  • 24/07/2014 | Argentina

    Police search for hit-and-run taxi driver

    A 21-year-old woman from Neuquén province died after being hit, dragged by 30 meters and abandoned by a taxi driver while crossing the street in front of Aeroparque airport.

  • 24/07/2014 | Argentina

    Aurelius says it will not ask Griesa for a stay

    Argentine debt holdout investor Mark Brodsky, chairman of Aurelius Capital Management, said his group will not ask US Judge Thomas Griesa to suspend his payment order, after a story in an Argentine newspaper suggested that Paul Singer’s NML Capital Ltd could ask Griesa to reinstate the stay of injunction.

  • 24/07/2014 | Argentina

    Argentina insists on guarantees for RUFO clause protection

    After failing to reach an agreement during today's meeting with court-appointed mediator Daniel Pollack, Argentina reiterated that there could be no negotiations with 'vulture funds' until judge Thomas Griesa provides some insurance against possible liabilities related to the 'Rights upon Future Offers' (RUFO) clause.

  • 25/07/2014 | Argentina

    No resolution in NY meeting, Argentine delegation returns to Buenos Aires

    In a brief, closed-door meeting, US mediator Daniel Pollack met with representatives of Argentina. "The dialogue process opened with the mediator will continue within the next days," a statement released by the Economy Ministry confirmed.

  • 25/07/2014 | Argentina

    US dollar steady at 8.19 pesos; 'blue' rises

    The so called "blue" dollar that trades in the informal market was higher today and closed at 12.60 pesos as investors awaited the outcome of ongoing negotiations between Argentina and vulture funds in New York.

  • 25/07/2014 | Argentina

    Xi Jinping invites CFK to official China visit

    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.

  • 27/07/2014 | Argentina

    Cold weather continues across the country

    The cold wave from the Antartica that began last week, putting an end to spring-like weather, continues with below-zero temperatures in 10 Argentine provinces.

  • 27/07/2014 | Argentina

    Ministers respond to Rural Society’s criticism

    Agriculture Minister Carlos Casamiquela and Federal Planning chief Julio De Vido rebuffed the criticism of the head of the Argentine Rural Society Luis Etchevehere, who said the government was being “ignorant and arrogant”.

  • 27/07/2014 | Argentina

    No meeting with Pollack scheduled for today

    Argentina does not have a meeting scheduled for today with court-appointed mediator Daniel Pollack in New York in its debt legal dispute with holdout creditors but talks continue, a government source said, as the country looks to avoid a possible debt default.

  • 28/07/2014 | Argentina

    US Pollack confirms meeting with Argentine delegation tomorrow, without holdouts

    An Argentine delegation will travel to New York tonight to meet with US court-appointed Special Master Daniel Pollack in its debt dispute with "holdout" investors. The meeting is scheduled for 12 pm (Argentine time), and without the presence of holdouts' representatives.

  • 28/07/2014 | Argentina

    Gov't fires back at SRA: 'They were accomplices of crimes against humanity'

    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”.

  • 28/07/2014 | Argentina

    Capitanich says economic activity independent of vulture fund battle

    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.

  • 28/07/2014 | Argentina

    US dollar jumps on debt talks uncertainty

    The “blue” today dollar spiked 40 cents, to 13 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.

  • 28/07/2014 | Argentina

    Mariotto: ‘Francis said Griesa is further right than right-wing Republicans'

    The Deputy Governor of Buenos Aires province Gabriel Mariotto revealed details of a private conversation he had with Pope Francis at the Vatican.

  • 28/07/2014 | Argentina

    BA stocks cut losses, all eyes on vulture funds talks

    The Buenos Aires City stock market registered losses amid operators’ growing uncertainty as the July 30 deadline for the negotiations between Argentina and its holdout creditors in New York approaches, although prices later recovered to diminish early falls. The Merval index was down by 0.98% at 7,844.56 points.

  • 28/07/2014 | Argentina

    Judge Griesa authorises payment of bonds under Argentine law

    New York judge Thomas Griesa has confirmed that the Citigroup bank will on a one-off occasion be permitted to process payment on Argentine bonds held under local law, which form part of the titles restructured following the default of 2001.

  • 29/07/2014 | Argentina

    Euro bondholders request ‘temporary stay’ from Griesa

    A group of bondholders urged US Federal judge Thomas Griesa to apply a “temporary stay” from January 1st until January 15, 2015, or at least a 90 day measure in order to resolve current negotiations and prevent a new default.

  • 29/07/2014 | Argentina

    Argentine banks to deposit guarantee to prevent default

    Summoned through an emergency meeting, the Argentine private banks association (Adeba) held a reunion today in their Buenos Aires City HQ, where they agreed to offer the Government a 250 million dollar guarantee as a preventive measure to avoid a default.

  • 30/07/2014 | Argentina

    Mediator Pollack after meeting with Kicillof and vultures: ‘The issues that divide the parties remain unresolved’

    Daniel Pollack, the mediator appointed by US judge Griesa to resolve the dispute between Argentina and the so called vulture funds, affirmed the parts talked “face to face” for the first time and assured a new meeting will be confirmed during the day.

  • 30/07/2014 | Argentina

    Banks' offer involves 'private agents only, not public sector'

    Cabinet Chief Jorge Capitanich referred to the u$s 250-million payment offer made by national private banks as a last-minute proposal to holdout hedge funds to prevent Argentina from plunging into a technical default.

  • 30/07/2014 | Argentina

    Argentina-VF hold 'face-to-face' talks for first time

    Face-to-face talks between representatives of Argentina and so called vulture funds suing the country over its defaulted bonds took place for the first time on Tuesday since negotiations were kicked off in New York earlier this month to settle a 1.3 billion dollar dispute threatening Argentina with the ghost of default for the second time in a decade.

  • 30/07/2014 | Argentina

    'Blue' dollar plunges 50 cents to 12.30 pesos

    Greenbacks in the informal market droped 50 cents to 12.30 pesos with all market eyes focused on New York talks. The US dollar traded 1 cent higher at 8.22 pesos in BA City banks and exchange offices.

  • 30/07/2014 | Argentina

    BA stock market jumps 6.9%

    The Buenos Aires City stock market jumped today, reflecting investor’s optimism as last-minute negotiations between Argentina and its holdout creditors continued in New York. The Merval index climbed by 6.9% to 8,937.62 points.

  • 30/07/2014 | Argentina

    Condolences for Grondona take over social media

    News of Grondona’s death quickly found its way to Twitter and Facebook with politicians, soccer players, and Argentine clubs expressing their condolences to family of AFA's N°1 for their loss.

  • 30/07/2014 | Argentina

    Bank representatives held talks with holdouts in New York

    Banco Macro director Sebastián Palla and other representatives of Argentine banks have made contact with 'vulture funds' in New York in order to lay out a proposal to avoid default. The negotiation, which started around midday, is separate to talks held between Economy minister Axel Kicillof and mediator Daniel Pollack.

  • 30/07/2014 | Argentina

    S&P downgrades Argentina to 'selective default'

    Rating agency Standard & Poor's has officially downgraded Argentina's sovereign debt grade to the category of selective default, while negotiations to pay bondholders broke down in New York today.

  • 30/07/2014 | Argentina

    Pollack: 'Default is not a mere technical condition but rather a painful event that will hurt real people'

    Daniel Pollack, the mediator appointed by judge Thomas Griesa to oversee negotiations between the Argentine government and holdout investors, today confirmed that talks were unsuccessful between the two parties and that Argentina had fallen into default.

  • 30/07/2014 | Argentina

    Banks, vulture funds discuss details of debt agreement; meeting to be resumed tomorrow

    The meeting between Argentine private bank representatives and the so called “vulture funds” over the debt held by the hedge funds has been adjourned and will be resumed tomorrow. Ámbito.com has revealed that banks will contribute around 1.4 billion dollars in order to buy the titles from the holdouts investors.

  • 30/07/2014 | Argentina

    CFK warns Israel over Argentine priest safety

    President Cristina Fernández de Kirchner published a press release in her Twitter account where she made Israel responsible for the safety of Argentine priest Jorge Hernández, who serves in the Gaza strip, and warned that any harm done to him “will have severe consequences for the bilateral relations.”

  • 31/07/2014 | Argentina

    Foreign private banks still pursue deal

    Although a first strategy headed by Argentina’s ADEBA group of banks that aimed at buying defaulted bonds from vulture funds went wrong yesterday, negotiations with holdout hedge funds were being resumed today now with foreign private banks – such as the Citibank, the JP Morgan and the HSBC -, taking the lead in talks overseen both from New York and Buenos Aires.

  • 31/07/2014 | Argentina

    'Any deal between private agents does not involve the state'

    As private banks were still trying to reach an agreement with the holdouts, Cabinet Chief Jorge Capitanich highlighted that any deal between the two parties “does not involve the state” and stressed the importance to avoid triggering the Rights Upon Future Offers (RUFO) clause.

  • 31/07/2014 | Argentina

    Gov't denies default, bashes US Judiciary

    Cabinet Chief Jorge Capitanich said Argentina’s "alleged technical default is an absurd fabrication" and accused the US Judiciary of “malpractice.”

  • 31/07/2014 | Argentina

    ‘Blue’ dollar jumps to 12.70 pesos; official rate rises

    The “blue” dollar climbed 40 cents to 12.70 pesos today, after the government failed to reach an agreement with holdouts in New York to avert default. The official dollar closed up by a cent to 8.23 pesos in Buenos Aires City banks and foreign exchange offices.

  • 31/07/2014 | Argentina

    Bank of New York Mellon confirms still holding Argentina's payments

    The Bank of New York Mellon (BNY) sent a formal letter to holders of Argentina's exchange bonds essentially confirming that the sovereign had defaulted.

  • 31/07/2014 | Argentina

    CFK expected to make remarks on future strategy in holdouts battle

    President Cristina Fernández de Kirchner is expected to make remarks about the failed negotiations with holdout bondholders and the country’s future strategy today at 6 pm, at an official ceremony where she will extend provincial government’s debts maturity.

  • 31/07/2014 | Argentina

    Italian bondholders say banks deal would trigger RUFO clause

    The Italian bondholders' legal representative Tullio Zembo said that the agreement private banks and holdouts are currently working on would trigger the Rights Upon Future Offers (RUFO) clause.

  • 31/07/2014 | Argentina

    US judge Thomas Griesa schedules new hearing for tomorrow

    The US judge overseeing Argentina's dispute with a group of creditors said a hearing he has set for Friday morning in the case will be "regarding the recent default by the Republic of Argentina," according to a court filing.

  • 31/07/2014 | Argentina

    Aurelius says no private sector approach worthy

    Aurelius Capital Management has shot down speculation that the hedge fund was fielding a viable private-sector proposal for selling its untendered Argentine sovereign debt in a bid to shorten the amount of time Argentina is in default.

  • 31/07/2014 | Argentina

    ISDA to consider in Friday meeting if 'failure to pay' credit event had occurred

    The International Swaps and Derivatives Association (ISDA) said today it had received its first request to consider whether a credit event had occurred, according to the ISDA website.

  • 31/07/2014 | Argentina

    Kicillof: 'If banks want to pay with their own money, the government won't resist it'

    Economy Minister Axel Kicillof today insisted Argentina will not pay “vulture funds” or “anyone who buys their bonds” a higher amount than the negotiated in the 2005 and 2010 debt swaps, saying the latter would also trigger the RUFO clause.

  • 31/07/2014 | Argentina

    Fitch downgrades Argentina to ‘restricted default’

    Fitch rating agency has officially downgraded Argentina's sovereign debt grade to the category of “restrictive default”, as it considered the country failed to make payment of its Discount bonds on July 30.

  • 31/07/2014 | Argentina

    US interim ambassador in Argentina urges for ‘practical solutions’ with vulture funds

    Kevin Sullivan, US interim ambassador in Argentina affirmed today the country must seek “practical solutions” with the so called vulture funds over defaulted bonds.

  • 31/07/2014 | Argentina

    CFK announces 17.2% rise for pensioners

    President Cristina Fernández de Kirchner announced pension funds will increase by 17,21 percent, to a minimum sum of 3.271.73 pesos starting on September the 1st.

  • 01/08/2014 | Argentina

    US judge Griesa urges Argentina, vulture funds to resume negotiations; rejects replacing Special Master Pollack

    US District Judge Thomas Griesa, in a stern tone, today criticized Argentina's decision to default on $29 billion in debt earlier in the week rather than pay holdout investors as ordered.

  • 01/08/2014 | Argentina

    Informal dollar ends at 12.80 pesos

    The informal rate or "blue" dollar today rose again to end five cents higher at 12.80 pesos after climbing 40 cents yesterday as investors shelter in the US currency amid increasing uncertainty over the ongoing debt negotiations in New York.

  • 01/08/2014 | Argentina

    ISDA declares credit event on Argentina CDS

    The International Swaps and Derivatives Association (ISDA) today effectively declared Argentina in default, setting in motion a process that could trigger payments worth up to USD1bn on credit default swaps.

  • 01/08/2014 | Argentina

    Moody’s lowers Argentina outlook rating to negative

    Ratings agency Moody’s Investors Service left today Argentina’s note bonds unchanged but it lowered the country’s outlook rating to “negative”, as it considered domestic economy will deteriorate after the failure to pay exchange bondholders.

  • 29/07/2014 | Argentina

    Technical default, a 'fabrication of rating agencies'

    Only a day ahead of the deadline set by US Judge Thomas Griesa for Argentina to pay in full to holdout bondholders, Cabinet Chief Jorge Capitanich said “there is no such a thing as a ‘technical default,’ stressing the country has paid creditors and accusing Griesa of not allowing them to receive payment.

  • 29/07/2014 | Argentina

    Argentina continues last-minute debt talks with US mediator Pollack in New York

    Today's meeting between an Argentine delegation and mediator Daniel Pollack in New York continue, with Economy minister Axel Kicillof flying in at the last minute to witness talks while the parties attempt to avoid possible default as a result of the ongoing dispute with holdout investors ahead of tomorrow's deadline.

  • 29/07/2014 | Argentina

    'Blue' dollar drops 20 cents to 12.80 pesos, official rises

    The “blue” dollar was 20 cents lower at 12.80 pesos, as negotiations between Argentina and holdout creditors continued in New York to avert default. The official rate closed up one cent to 8.21 pesos.

  • 29/07/2014 | Argentina

    Scioli confident about settlement with holdouts

    The governor of Buenos Aires province Daniel Scioli expressed confidence that an agreement with the so called vulture funds can still be reached. “I see last-minute positive signs,” he said.

  • 29/07/2014 | Argentina

    Tevez grateful for support after father released from kidnap horror

    The father of Juventus forward Carlos Tevez has been released after being kidnapped for more than eight hours in the city of Morón, in Buenos Aires province. The player later thanked those who had sent their support during the ordeal.

  • 29/07/2014 | Argentina

    'We are working to find the kidnappers'

    Security Secretary Sergio Berni said the provincial and City authorities worked together "in a race against the clock" today to ensure the release of the father of Juventus forward Carlos Tevez, Juan Alberto Cabral. “We are working to find those responsible [for the kidnapping],” Berni said.

  • 13/12/2010 | Argentina

    Government links attacks to Border Guards to opposition politicians

    Cabinet Chief Aníbal Fernández gave a press conference in company of Justice Minister Julio Alak and made opposition factions responsible for the attacks to the Border Guard members that are fencing the Parque Indoamericano in Villa Soldati.

  • 14/12/2010 | Argentina

    Duhalde says Argentina in 'semi-anarchic state,' urges gov't to enforce the law

    Former President Eduardo Duhalde addressed the several land grabs taking place in the south of the city of Buenos Aires and assured that Argentina is currently going through a "semi-anarchic" state, for which "now more than ever," he's certain he will run for president in 2011.

  • 24/07/2014 | Argentina

    Vulture funds claim Argentina wants default

    The NML Elliot fund owned by billionaire Paul Singer said today the Argentine government “made it clear it wants to default” after the meeting with appointed mediator Special Master Daniel Pollack over the Argentine defaulted debt case.

  • 15/12/2010 | Argentina

    Pan American Highway and 9 de Julio re-opened

    The central area blockages have been lifted, and those of the Pan American Highway, however traffic could still be slow.


  • 15/12/2010 | Argentina

    Foreign tourism climbs 24.8% in October

    The number of tourists that arrived in Argentina during October gained 24.8 percent compared to the same month last year, according to a report of the Indec national statistics bureau.

  • 16/12/2010 | Argentina

    IMF to continue collaboration with Indec until April

    The International Monetary Fund (IMF) will continue collaborating with the Indec national statistics bureau in order to create "a price index with stronger credibility," the spokeswoman of the organization, Caroline Atkinson, assured.

  • 17/12/2010 | Argentina

    Heatwave persists with highs of 35 degrees

    The National Meteorological Service (SMN) informed that the heat is to be felt in Buenos Aires city and provincial areas. Temperatures are set to reach a high of 35 degrees, but rain is expected for the evening.

  • 22/12/2010 | Argentina

    Lorenzino: 'The swap offer is a gesture of good will to creditors'

    The government reopened a debt swap launched earlier this year, moving to mop up a remaining $6.1 billion in default and reduce lawsuits against the country.

  • 22/12/2010 | Argentina

    Trade surplus drops 67.9% in November

    The trade surplus dropped 67.9 percent to 390 million dollars in November compared to the volume registered in the same month last year, according to the government.

  • 23/12/2010 | Argentina

    Prosecutors seek 8 years for Menem

    Public prosecutors requested that a criminal court hand down an eight-year prison sentence on senator and former president Carlos Menem for his involvement in smuggling weapons to Ecuador and Croatia between 1991 and 1995.

  • 30/12/2010 | Argentina

    Argentina, Brazil set to 'continue integration process,' Timerman

    Foreign Minister Héctor Timerman assured that once Dilma Roussef is inaugurated as the new Brazilian president, both Argentina and Brazil “will continue the integration process led by all Mercosur countries.”

  • 30/12/2010 | Argentina

    Brady bond swap 'getting 80.6% acceptance,' Boudou says

    Argentina reached an acceptance rate of 80.6 percent on its US$330 million swap of defaulted Brady bonds, Economy Minister Amado Boudou told local radio a day after the debt exchange offer expired.

  • 01/01/2011 | Argentina

    ‘Dilma understood the reasons why CFK couldn’t come,’ Timerman assures

    Foreign Minister Héctor Timerman took part of the swearing in ceremony of newly Brazilian President Dilma Rousseff and said that the Head of State sent a message to President Cristina Fernández de Kirchner.

  • 04/01/2011 | Argentina

    Argentina, Brazil 'working to overcome trade imbalance,' Timerman

    Foreign minister Héctor Timerman declared that Argentina and Brazil are "working to overcome the trade imbalance", then confirmed that the newly appointed president of Brazil, Dilma Rousseff, will visit Argentina when she finishes her tour of the Persian Gulf countries.

  • 17/12/2010 | Argentina

    Economy grows 8.6% in third trimester, Indec

    The Indec national statistics bureau reported the Gross Domestic Product climbed 8.6 percent in the third trimester compared to the same period last year. Argentina's economy soars 9.1 percent in the first nine months of the year, Indec added.

  • 07/01/2011 | Argentina

    Drug trafficking: Spain's Justice to define judicial situation of three Argentines detained

    A Spanish Judge will unveil within the next hours the judicial situation of the three sons of former brigadiers of the Argentine Air Force detained with 944 kilos of cocaine at Barcelona’s El Prat airport five days ago.

  • 11/01/2011 | Argentina

    Timerman praises joint export commission with Brazil

    Foreign minister Héctor Timerman confirmed that the intention of recent joint export commission with Brazil, “works well for boosting qualities and strengths” in both countries and “to go to the world with a wider offer than we could offer individually”.

  • 28/01/2011 | Argentina

    Garré announces new controls in airports, planes

    Security Minister Nilda Garré announced the creation of a new protocol for the regulation of the procedure to control airplanes and airports in the framework of the scandal triggered after the arrest of three Argentines who arrived in Barcelona’s airport carrying 944 kilos of cocaine.

  • 29/01/2011 | Argentina

    CFK anticipates arrival of Brazil's Dilma Rousseff

    President Cristina Fernández de Kirchner is closing details of her meeting with her Brazilian counterpart Dilma Rousseff who will arrive in the country tomorrow in what will be her first international trip since she took office in January.

  • 30/01/2011 | Argentina

    'Our alliance with Brazil is indestructible,' Timerman says

    Only hours away from Brazilian President Dilma Rousseff's first official visit to the country, Foreign Minister Héctor Timerman stated that the alliance between Argentina and Brazil “is indestructible” and assured that the good relationship between both countries “is what brings stability to the region.”

  • 01/02/2011 | Argentina

    Timerman considers trade deficit with Brazil is ‘concerning’

    Foreign minister Héctor Timerman revealed today that the trade deficit Argentina has with Brazil is “concerning”, and indicated that both nations are working “to reduce it.”

  • 01/02/2011 | Argentina

    'Brazil and Argentina were united before, now the bond is even stronger,' CFK

    President Cristina Fernández de Kirchner declared that Argentina and Brazil strengthened their relationship following agreements signed yesterday with Dilma Rousseff. She said that ‘Brazil and Argentina were united before, now the bond is even stronger’.

  • 01/02/2011 | Argentina

    Gov't refuses to comment on Egyptian crisis 'in order to avoid passing judgement'

    Foreign Minister Héctor Timerman said that the government avoids taking a position in the Egyptian crisis, adding they would avoid "passing judgement on the issue."

  • 21/01/2011 | Argentina

    Farmers protest at Cargill plant

    Farmers protested outside a plant owned by leading exporter Cargill during the fifth day of a strike over government export duties that has paralyzed local grains markets.

  • 28/01/2011 | Argentina

    'Bilateral relations cannot be based on Obama's visits,' Timerman

    Foreign Minister Héctor Timerman sustains that “the relationship with the United States is a fluid one where similarities exist, however there are also great differences.” He assured that “the analysis of bilateral relations cannot be based on whether Obama visits or not,” and that Washington “maintains interests over friendships.”

  • 05/02/2011 | Argentina

    CFK to meet with President Mujica in March

    Preparations are being made by Argentina and Uruguay’s Cabinets to hold a meeting for President José Mujica and President Cristina Fernández de Kirchner in Buenos Aires on March 11.

  • 05/02/2011 | Argentina

    New York Times warns about Argentina’s inflation

    The article of the New York headed “Inflation, an old scourge, plagues Argentina again” states the harsh current situation of the country’s economy.

  • 08/02/2011 | Argentina

    WikiLeaks: US warns Argentina lacks 'political will' to eradicate corruption

    More than a hundred cables from the US embassy in Buenos Aires warned about the fragility of the judicial system and the impunity of criminals, according to an article recently published by Spanish newspaper El País. The leaked documents also spoke of the lack of a "true political will" to eradicate corruption.

  • 11/02/2011 | Argentina

    Bomb threat at Ezeiza airport

    An Aerolíneas Argentinas airplane was evacuated this morning before leaving for Bogotá, Colombia due to a bomb threat in the international airport Ezeiza.