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April 28, 2017
Results for: argentina
  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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”.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 02/08/2014 | Argentina

    'Pollack is only missing to wear vultures' team shirt'

    Deputy Minister of Economy Emmanuel Álvarez Agis has renewed the government’s criticism of Daniel Pollack – the mediator appointed by US District Court Judge Thomas Griesa to conduct talks between Argentina and so called "vulture funds" –, questioning the lawyer’s “biased” position in the dispute.

  • 02/08/2014 | Argentina

    EU grants ‘feed-lot quota’ to Argentina

    The European Union (EU) has recognized Argentina as one of the few countries able to export high-quality beef under the “feed-lot quota” to the European market, a press release from the Foreign Ministry informed.

  • 05/08/2014 | Argentina

    Gov't blasts US judge Griesa for ratifying Pollack as Special Master

    Cabinet Chief Jorge Capitanich criticised US Judge Thomas Griesa’s decision to confirm Daniel Pollack as mediator to conduct talks between Argentina and holdouts saying "it ratifies the judge’s stance, that does not understand the difficulties of the process.”

  • 05/08/2014 | Argentina

    Gov't rejects reopening teachers' salary talks

    On the second day of a 48-hour teachers’ strike, Cabinet Chief Jorge Capitanich rejected the unions' demands for new collective wage talks at a national level. "In no way we will encourage the reopening of national wage negotiations," he stated. 

  • 05/08/2014 | Argentina

    ISDA to deliberate on Argentina's default

    The International Swaps and Derivatives Association (ISDA) will decide today at noon whether Argentina has defaulted on its debt, which would set in motion a process that could trigger payments worth up to USD1bn on credit default swaps.

  • 05/08/2014 | Argentina

    US dollar unchanged 8.28 pesos; 'blue' steady

    The US dollar closed steady at 8.28 pesos in banks and exchange offices in Buenos Aires City, following a three-cent climb yesterday amid a low selling volume from grain exporters.

  • 05/08/2014 | Argentina

    ISDA to determine when Argentine CDS is paid

    The International Swaps and Derivatives Association (ISDA), which declared Argentina in default as of July 30, decided to resume discussions over an auction to settle Credit Default Swaps (CDS) contracts on Thursday.

  • 05/08/2014 | Argentina

    Argentina to urge Citibank, BONY to pay bondholders

    The Argentine Government will formally demand that Citibank and the Bank of New York Mellon pay exchange bondholders, the Economy Ministry informed today in a press release.

  • 06/08/2014 | Argentina

    Gov't confirms BoNY notice to pay restructured bondholders

    Cabinet Chief Jorge Capitanich confirmed that Argentina has formally demanded the Bank of New York Mellon and other financial entities, in a reference to Citibank, to guarantee that restructured bondholders receive the u$s 539 millions deposited by Argentina.

  • 06/08/2014 | Argentina

    Gov't rejects "Fútbol para todos" programme accusations

    Cabinet Chief Jorge Capitanich rejected accusations made by lawmaker Graciela Ocaña for irregularities in “Fútbol para todos” (Soccer for all) programme saying they are “false, slander”. He bluntly denied that him or his predecesors Aníbal Fernández and Juan Manuel Abal Medina had been indicted, as it was reported by Clarín newspaper.

  • 06/08/2014 | Argentina

    Carlotto: 'This is a day of glory'

    After recovering the grandchild she had long been searching for, the head of Grandmothers of Plaza de Mayo Estela Barnes de Carlotto expressed her joy and thanked everyone who helped in her quest to find him. “This is a day of glory,” she said, ecstatic.

  • 06/08/2014 | Argentina

    US dollar steady at 8.28 pesos; 'blue' jumps to 12.80 pesos

    The US dollar traded steady today and closed at 8.28 pesos in banks and exchange offices, after accumulating a nine-cent rise in the last three weeks.

  • 06/08/2014 | Argentina

    Son of Julio López welcomes finding of Carlotto's grandson

    Rubén López, son of Jorge Julio López, a key witness in the case against repressor Miguel Etchecolatz who remains missing since 2006, said the recovery of Estela de Carlotto’s grandson gave him “strength to keep going”.

  • 06/08/2014 | Argentina

    Economy Minister warns against 'local vultures'

    Economy Minister Axel Kicillof said that the government is “closely monitoring” business leaders to make sure they “do not take advantage of the vulture funds dispute”.

  • 06/08/2014 | Argentina

    Lower House signs central banks immunity bill into law

    The Lower House has approved the bill that provides legal immunity for assets held by foreign central banks in Argentina by 201 affirmative votes, 8 negatives and 4 abstentions. The bill was signed into law as it was already sanctioned by the Senate last July.

  • 06/08/2014 | Argentina

    'Oposition looks for excuses not to debate'

    Cabinet Chief Jorge Capitanich briefed senators in the Upper House during a session presided by Vicepresident Amado Boudou, but several opposition blocs walked out of the audience in protest to the presence of the politician.

  • 06/08/2014 | Argentina

    Kicillof tells bondholders they have rights over funds withheld in NY

    The Economy Ministry reminded bondholders that they possessed rights and "solutions" over the funds currently owed to those holding restructured titles, which are being held by the Bank of New York (BoNY) while Argentina argues that they must be turned over to participants of the 2005 and 2010 debt swaps.

  • 06/08/2014 | Argentina

    House sales in BA City up 19,6% in June

    The Buenos Aires City Public Notaries Association revealed today that house sales in June rose 19.6 percent across the district, reaching the highest level so far after months of negative results.

  • 07/08/2014 | Argentina

    Gov’t fires back at Griesa, reiterates BoNY has to pay bondholders

    Cabinet Chief Jorge Capitanich said US Judge Thomas Griesa has proved his “incompetence, constant bias” by ratifying his order to keep a hold on funds Argentina deposited for exchange bondholders in the Bank of New York Mellon.

  • 07/08/2014 | Argentina

    VP Boudou attends Santos inauguration

    Following the controversial Senate session he presided over yesterday, with opposition blocs walking out of the chamber in protest against his presence, Vicepresident Amado Boudou travelled to Colombia to attend President Santos’ swearing-in ceremony.

  • 07/08/2014 | Argentina

    Banks paralysed nationwide due to strike

    Banks nationwide will not be open to the public due to a 24-hour strike launched in protest against the income tax floor.

  • 07/08/2014 | Argentina

    US dollar closes steady at 8.28 pesos, 'blue' at 12.80 pesos

    The US dollar traded unchanged at 8.28 pesos in Buenos Aires City banks and foreign exchange offices with few operations registered following a strike affecting all banking activities. In the informal market, greenbacks closed at 12.80 pesos.

  • 07/08/2014 | Argentina

    Bond dispute: US judge Griesa to hold new hearing tomorrow

    New York District judge Thomas Griesa has scheduled a hearing at 4 pm local time tomorrow to address Argentina's recent public statements over their attempts to pay creditors, a court official said.

  • 07/08/2014 | Argentina

    Thousands visit Saint Cajetan sanctuary

    Worshippers of Saint Cajetan have flocked to the Italian priest's sanctuary in the City neighbourhood of Liniers, in order to thank him for the bread and work they received during the last year.

  • 08/08/2014 | Argentina

    Bond dispute: Hearing called by US judge Griesa begins

    New York District judge Thomas Griesa has scheduled a hearing at 4 pm local time today to address Argentina's recent public statements over their attempts to pay creditors, a court official said.

  • 08/08/2014 | Argentina

    US dollar steadies at 8.29 pesos, 'blue' at 12.80 pesos

    The US dollar climbed one cent and ended the week at 8.29 pesos in Buenos Aires City banks and foreign exchange offices. In the informal market, greenbacks traded stable and closed at 12.80 pesos.

  • 08/08/2014 | Argentina

    Labour Minister admits employment levels dropped

    Labour Minister Carlos Tomada today admitted Argentina "is not having the same growing employment levels of the past years."

  • 08/08/2014 | Argentina

    Griesa insists Argentina makes 'false statements', threatens to declare the country in 'contempt'

    NY district judge Thomas Griesa threatened today the Argentine lawyers to declare the South American nation in “contempt” if the Republic continues to make “false and deceiving statements,” following Argentina’s claim it has already paid exchange bondholders and has no pending obligations, as it deposited US$539 million in bond payments in Bank of New York Mellon (BoNY) and Citibank.

  • 08/08/2014 | Argentina

    US rejects to grant jurisdiction in The Hague over Argentine debt case

    A US State Department spokeswoman told Buenosairesherald.com that the US would not agree to grant jurisdiction in the International Court of Justice, following Argentina's intention to sue the US over its sovereign debt dispute.

  • 10/08/2014 | Argentina

    Mar del Plata DAIA leader shot dead

    The head of the Jewish community organization DAIA in Mar del Plata, Benjamin Schujman, was killed last night by one of his employees, who then took his own life, at his estate in Mar Chiquita, in Buenos Aires province.

  • 10/08/2014 | Argentina

    Estela de Carlotto: ‘I have closed a chapter but there is still a lot to do’

    Grandmothers of Plaza de Mayo head Estela de Carlotto has said that finding his long-lost grandson is a “dream” that “brought Argentines together” but pointed out that “there is still a lot to do”.

  • 11/08/2014 | Argentina

    Gov’t insists it is not involved in talks between banks, holdouts

    The cabinet chief reiterated that any ongoing negotiations between Argentinean private agents and holdouts “are not the state’s concern or responsibility.”

  • 11/08/2014 | Argentina

    Capitanich denies further devaluation plans

    Cabinet Chief Jorge Capitanich rejected that the government plans to further devaluate the peso, in response to criticism by Argentine Industrial Union (UIA) head Héctor Méndez, who had suggested that it might need to intervene to accelerate the devaluation.

  • 11/08/2014 | Argentina

    Capitanich to oil provinces: ‘No one is saved alone’

    Following the rejection of Chubut province legislature of the oil and gas bill drafted by the national government, and with Neuquén province to follow the same path, Cabinet Chief Jorge Capitanich said the project is “fully compatible” with the country’s “energy self-supply strategy”.

  • 11/08/2014 | Argentina

    US dollar steady at 8.29 pesos, 'blue' unchanged at 12.80 pesos

    The US dollar ended unchanged at 8.29 pesos in BA City banks and foreign exchange offices. Meanwhile, the informal rate remained steady at 12.80 pesos.

  • 11/08/2014 | Argentina

    Printing giant RR Donelley files for bankruptcy in Argentina

    The Chicago-based printing firm RR Donnelley announced that it is shuting down operations in Argentina due to an “insurmountable crisis” and filing for bankruptcy, after 22 years in the country. The Buenos Aires province Ministry of Labour has ordered 15 days of mandatory conciliation to solve the crisis.

  • 11/08/2014 | Argentina

    UIA representatives meet with gov't officials, urge to ease supplies imports

    Argentine Industrial Union (UIA) leaders met with Domestic Trade Secretary Augusto Costa and asked him to “ease the import of necessary supplies.” The government pledged export promotion measures.

  • 11/08/2014 | Argentina

    UIA's De Mendiguren highlights discussions with gov't resumed

    After a meeting between government officials and representatives from the Argentine Industrial Union (UIA) today, its secretary Ignacio De Mendiguren, considered the meeting “positive” and stated that “the most important thing is that we resumed discussions.”

  • 11/08/2014 | Argentina

    Facebook launches personalised gender in Argentina

    Social media network Facebook has officially launched a new 'personalised gender' option for profiles in Argentina, in an event attended by the Argentine Homosexual Community (CHA), one of the principal backers of the scheme.

  • 12/08/2014 | Argentina

    Capitanich defends new consumer protection bills

    Cabinet Chief Jorge Capitanich has said the government is expecting the Congress to discuss the series of new bills drafted by the Executive to amend laws that protect consumers and regulate companies.

  • 12/08/2014 | Argentina

    Gov't denounces 'deliberate strategy to radicalize protests'

    Amid the ongoing labour conflicts in Lear and RR Donnelly firms, both located in Panamericana Highway, Cabinet Chief Jorge Capitanich differentiated the two cases and said that “there is a deliberate strategy to radicalize protests” that seeks to “erode the confidence in the government”.

  • 12/08/2014 | Argentina

    Chikungunya virus detected in Argentina

    Cabinet Chief Jorge Capitanich confirmed that two patients have contracted the Chikungunya virus but pointed out that they were both imported cases since the affected had recently travelled to Dominican Republic. “The virus is not circulating in the country,” the official stressed.

  • 12/08/2014 | Argentina

    'Blue' dollar climbs 15 cents to 12.95 pesos

    The so called "blue dollar" advanced fifteen cents today and closed at 12.95 pesos, boosted by a 18-cent climb in the blue-chip swap, which traded at 10.94 pesos. Meanwhile, the US dollar traded unchanged at 8.29 pesos in Buenos Aires City banks and foreign exchange offices.

  • 13/08/2014 | Argentina

    Consumer protection bills seek to 'enforce the Constitution' - Capitanich

    Cabinet Chief Jorge Capitanich responded to Argentine Industrial Union (UIA) criticism of the government-fueled bill to reform several consumptions laws, including the Supply law, saying it is a “high quality” project that aims to “enforce the Article 42 of the Constitution.”

  • 13/08/2014 | Argentina

    Gov’t says ‘acceleration’ on restructured bonds not possible

    Cabinet Chief Jorge Capitanich rejected the possibility raised last week by Argentina’s holdout investors to declare principal and interest immediately due, a move known as acceleration, saying the conditions for it have not been met.

  • 13/08/2014 | Argentina

    Capitanich rejects Church’s warnings over 'jobs instability’

    In response to the remarks by Argentine Episcopal Conference (CEA) spokesperson Jorge Oesterheld about “growing employment instability”, Cabinet Chief Jorge Capitanich said that “the opinion of one spokeman is not a document”.

  • 13/08/2014 | Argentina

    Parallel dollar rates climb amid uncertainty over vulture funds battle

    The "blue" dollar rate continued to chart a rising path and advanced 20 cents to close at 13.15 pesos today, boosted by climbs in the stock exchange rate and the blue-chip swap rate, amid growing uncertainty over the country’s dispute with its holdout creditors.

  • 13/08/2014 | Argentina

    Río Tercero explosion trial begins

    The trial for the explosion of a military factory in Río Tercero, Córdoba province began at the Province’s Federal Court II, 19 years after the explosions that killed seven people and wounded hundreds.

  • 13/08/2014 | Argentina

    CFK in Paraguay: 'We are here for an historical recognition'

    President Cristina Fernández de Kirchner arrived in Paraguay to return the furniture and other belongings of one of the country’s most revered leaders, Francisco Solano López, seized by Buenos Aires 150 years ago.

  • 13/08/2014 | Argentina

    ISDA sets Argentina CDS auction for August 21

    The International Swaps and Derivatives Association (ISDA) will hold an auction on August 21 to settle Argentina's outstanding credit default swaps.

  • 13/08/2014 | Argentina

    HSBC Buenos Aires offices raided by AFIP

    AFIP tax bureau officials carried out three simultaneous raids at HSBC offices in Buenos Aires this afternoon as part of an investigation into alleged tax evasion and money laundering.

  • 13/08/2014 | Argentina

    Government expresses ‘deep grief’ after Campos accident

    Through an official communiqué, the Federal Government manifested its ‘deep grief’ for the tragic death of Brazilian Eduardo Campos, Pernambuco former governor and socialist candidate for the upcoming presidential elections, who died during a plane accident earlier today.

  • 14/08/2014 | Argentina

    'AEA, UIA, COPAL represent the interests of concentrated powers'

    Cabinet Chief Jorge Capitanich defended once again the bill drafted by the Executive to amend laws that protect consumers and regulate companies and bashed its critics, mainly industrial leaders, saying they “represent the interests of concentrated powers”.

  • 14/08/2014 | Argentina

    Gov’t denies changes in dollar sales for savings

    Amid record climbs in the parallel dollar rates, Cabinet Chief Jorge Capitanich said the government is not considering any changes in the purchase of dollars for savings policy.

  • 14/08/2014 | Argentina

    Gov’t says Aurelius makes 'irrational threats', vulture funds are 'int'l mobsters'

    In response to Aurelius Capital Management claims that “the worst is yet to come” for Argentina, Cabinet Chief Jorge Capitanich said that those threats are “emtpy and irrational” and described the holdouts as “voracious groups that make up an international mob”.

  • 14/08/2014 | Argentina

    Informal rate breaks new record at 13.20 pesos, US dollar steady at 8.29

    The informal rate continued its rising path today, with a new record climb to close at 13.20 pesos. Meanwhile, the US dollar traded steady at 8.29 pesos in Buenos Aires City banks and foreign exchange offices.

  • 14/08/2014 | Argentina

    UIA threatens to take the consumption reform to court if passed

    Argentine Industrial Union [UIA] Vice-President José Urtubey said that if the reform that the Executive seeks for the Supply law is passed by the Congress they will “resort to the court”

  • 14/08/2014 | Argentina

    UNEN Binner, Sanz close the door on Macri deal

    Amid tensions between the leaders of the Broad Front UNEN over lawmaker Elisa Carrió’s promotion of an electoral alliance with PRO, the Front’s lawmakers Ernesto Sanz and Hermes Binner rejected any deal with Buenos Aires City Mayor Mauricio Macri’s party.

  • 03/08/2014 | Argentina

    S. Court Justice Zaffaroni says Griesa's ruling is 'a judicial scandal'

    Supreme Court judge Eugenio Zaffaroni condemned US Federal Judge Thomas Griesa’s ruling on Argentina’s legal battle against its holdout creditors saying it is a “judicial scandal” that reveals that “today, arbitral power is economical and there are no legal instruments to control it”.

  • 03/08/2014 | Argentina

    Teachers go on strike in BA City, provinces

    Teachers in Buenos Aires City and several provinces joined their colleagues from Buenos Aires province and announced they will not resume classes tomorrow, after the winter break, demanding for the reopening of wage negotiations.

  • 03/08/2014 | Argentina

    BA province gov't says the strike is 'out of context'

    BA Province Cabinet Chief Alberto Pérez described the teachers’ strike in demand of wage raise as “out of context”. He stressed that the salary increase agreed last April has not yet been outpaced by inflation.

  • 04/08/2014 | Argentina

    Cabinet Chief to brief the Senate on Wednesday

    Originally scheduled for July, the Cabinet Chief’s visit to the Senate, where he is to brief lawmakers, will take place on Wednesday, the chief of ministers Jorge Capitanich himself confirmed.

  • 04/08/2014 | Argentina

    Gov't calls for legal action against vulture funds

    Cabinet Chief Jorge Capitanich said the government will call for an inquiry for “fraudulent maneuvers” and urged “bondholders, trustees and clearing agencies” to also take legal action against vulture funds.

  • 04/08/2014 | Argentina

    Teachers urge the gov't to 'honour' commitments

    At the beggining of the 48-hour strike launched by teachers in Buenos Aires and several provinces, the head of SUTEBA teachers’ union, Roberto Baradel, justified the walk-out.

  • 04/08/2014 | Argentina

    'The market has spoken and it has determined that there is no default'

    President of the National Security Commission (CNV) Alejandro Vanoli confirmed in a press conference that the national securities watchdog is calling European and US counterparts for a “thorough inquiry” on vulture funds for “fraudulent manoeuvres”.

  • 04/08/2014 | Argentina

    US dollar ends higher at 8.28 pesos; 'blue' falls back

    The official rate ended three cents higher at 8.28 pesos in banks and exchange offices while the “blue” dollar fell back by ten cents to 12.70 pesos.

  • 04/08/2014 | Argentina

    Paris Club confirms first receipt of Argentina arrears

    The Paris Club of major creditor nations said today it had received a first payment of Argentina's debt arrears as promised under an agreement struck in May.

  • 04/08/2014 | Argentina

    Cristina: We will adopt measures to help Argentina

    President Cristina Fernández de Kirchner has asserted she would only take decisions that benefitted the overall health and stability of the Argentine state, as she called on the country to defend the achievements of the past 10 years.

  • 04/08/2014 | Argentina

    BA province gov't to meet with striking teachers on Wednesday

    The Buenos Aires province government announced a face-to-face meeting with teachers’ unions on Wednesday and urged them to call off the 48-hour strike launched today.

  • 04/08/2014 | Argentina

    Ex Finance Secretary says govt's vulture fund strategy will isolate the country

    Former Finance Secretary Guillermo Nielsen today referred to the government's strategy towards vulture funds and said "the strategy of blasting the judge and the mediator has not been thought enough and will isolate the country."

  • 04/08/2014 | Argentina

    Judge Griesa allows JP Morgan payment, confirms Pollack as mediator

    New York judge Thomas Griesa has granted the JP Morgan bank permission on a one-time basis to pay out interest services to holders of restructured Argentine bonds, and confirmed that 'Special Master' Daniel Pollack would remain as mediator in the legal dispute despite criticisms from the nation.

  • 07/08/2014 | Argentina

    ‘To say that there is no investment because of vultures is a lie’

    The economy minister reiterated his criticism against industrial leaders for "using" Argentina’s dispute with vulture funds as an “excuse” for not investing. He said that the “government is an ally” of those who invest.

  • 07/08/2014 | Argentina

    ‘The debt has to be paid but not at the expense of the people’

    Supreme Court Chief Justice Ricardo Lorenzetti commented for the first time on the government’s battle against vulture funds. “The debt has to be paid,” but “with humans rights as limits,” he warned.

  • 14/08/2014 | Argentina

    Semester ends with fiscal surplus, deficit registered in June

    The fiscal surplus has reached 2.2 billion pesos although in June a primary budget deficit estimated in 286.6 million pesos was recorded.

  • 14/08/2014 | Argentina

    CFK inaugurates housing program extension

    President Cristina Fernández de Kirchner launched a series of housing programs in several provinces during an act broadcasted from the Women's Salon at Government House, City of Buenos Aires.

  • 14/08/2014 | Argentina

    CFK links Donnelley with vultures, seeks to apply anti-terrorism laws

    President Cristina Fernández has instructed the application of the anti-terrorist law for the first time against Donnelley, a printing company allegedly funded by a number of so-called vulture funds linked to Elliott Management head Paul Singer.

  • 15/08/2014 | Argentina

    US dollar steady at 8.29 pesos, 'blue' at $13.20

    The US dollar closed unchanged at 8.29 pesos in Buenos Aires City banks and foreign exchange office. The Central Bank has marked its lowest peak in currency purchasing acquiring only u$s10 million yesterday though international reserves remained steady.

  • 15/08/2014 | Argentina

    Holders of Argentina eurobonds appeal US Judge Griesa ruling

    Holders of euro-denominated Argentine bonds have appealed judge Thomas Griesa's ruling blocking the country from making payments on their debt, according to a court filing.

  • 17/08/2014 | Argentina

    Costa says Supply Law reform 'gives no new powers to the gov't'

    Domestic Trade Secretary Augusto Costa rejected that the reform of the Supply law pushed by the Executive will give more intervention power to the government and stressed that it is not inspired by “international experiences”, in response to those who compared the bill to the policies implemented in Venezuela.

  • 17/08/2014 | Argentina

    Carlotto: 'Judiciary will rule on the couple that raised my grandson'

    Grandmothers of Plaza de Mayo head Estela de Carlotto said Argentine Judiciary will determine the fate of the couple that raised her recently-recovered grandson, snatched from his mother Laura during the country’s last dictatorship.

  • 17/08/2014 | Argentina

    Río Negro governor feels 'outside of Kirchnerism', closer to Massa

    Amid a crisis in local Victory Front party, the Governor of Río Negro province Alberto Weretilneck has said he feels “outside of the Victory Front” due to local PJ party “expulsive attitude”, and admitted he is closer to Renewal Front’s Sergio Massa, who he described as “the person Argentina needs”.

  • 17/08/2014 | Argentina

    'No one can deny that drug-trafficking has advanced in Argentina'

    Supreme Court Chief Justice Ricardo Lorenzetti has said that drug-trafficking has advanced in the country, increasing insecurity rates.

  • 18/08/2014 | Argentina

    Cobos says UNEN-PRO alliance 'practically impossible'

    UCR Congressman and Presidential pre-candidate Julio Cobos said an alliance between UNEN and Buenos Aires City mayor Mauricio Macri’s PRO party is “practically imposible” and urged the Broad Front to stop “wasting effort.”

  • 18/08/2014 | Argentina

    Summer-like weather to continue all week

    The warm weather, with temperatures rising up to 30 °C in Buenos Aires and many provinces during the long-weekend, will continue at least until Saturday, the National Meteorological Service (SMN) said.

  • 19/08/2014 | Argentina

    Gov’t says the US has not confirmed whether it accepts ICJ's jurisdiction

    Cabinet Chief Jorge Capitanich, Foreign Minister Héctor Timerman and Ministry of Foreign Affairs Legal Adviser Susana Ruiz Cerrutti were addressing reporters this morning to discuss Argentina’s legal action against the US at the Hague over its dispute with holdout hedge funds.

  • 19/08/2014 | Argentina

    'Business leaders must stop political chicanery'

    Cabinet Chief Capitanich fired back against critics of the bills drafted by the Executive to reform several consumption and production laws saying “business leaders must stop political chicanery and strategies that seek to distort (public) opinion.”

  • 19/08/2014 | Argentina

    Vanoli says anti-terrorism law will not be applied against Donelley

    Head of the CNV securities regulator Alejandro Vanoli explained that the anti-terrorism law will not be applied against printing firm RR Donnelley, as president Cristina Fernández de Kirchner had announced, and that economic crimes law will be enforced instead.

  • 19/08/2014 | Argentina

    US dollar up to 8.30 pesos; 'blue' steady at 13.20 pesos

    The US dollar closed one cent up today at 8.30 pesos in Buenos Aires city banks and foreign exchange offices. Following a week with record climbs, the so called "blue" dollar was unchanged at 13.20 pesos.

  • 19/08/2014 | Argentina

    Lear autopart back to work after two-week paralysis

    The employees of US-based autoparts company Lear went back to work, after the plant in General Pacheco, in Buenos Aires province, was paralysed for two weeks due to a labour protest.

  • 19/08/2014 | Argentina

    Russia to boost Argentinean imports

    Industry Minister Débora Giorgi and Agriculture Minister Carlos Casamiquela met in Moscow with Russian authorities, seeking to increase Argentine exports, capitalising on the ban set by President Vladimir Putin on European and US agricultural goods in response to Western sanctions over the situation in Ukraine.

  • 20/08/2014 | Argentina

    Gov't says 'contempt ruling' inapplicable to Argentina

    Anticipating what seems an imminent order of contempt-of-court by US Judge Thomas Griesa following President Kirchner’s decision to push a bill to change the payment jurisdiction to Buenos Aires, the cabinet chief pointed out that as a “sovereign country” Argentina cannot end up in contempt.

  • 20/08/2014 | Argentina

    'We should be asking Griesa for BoNY deposits'

    Cabinet Chief Jorge Capitanich stressed that by changing the debt’s jurisdiction to Buenos Aires the government seeks to protect restructured bondholders and pointed out that the fate of the u$s 539 millions deposited to restructured creditors in a Bank of New York (BoNY) account is to be determined by US District Judge Thomas Griesa, who has frozen the assets.

  • 20/08/2014 | Argentina

    'Blue' dollar leaps 35 cents after gov't debt announcements

    Following the government’s proposal to change the debt’s jurisdiction from New York to Buenos Aires, the US dollar closed three cents up to 8.33 pesos in banks and exchange offices of the City, while the "blue" rate added a massive 35 cents to trade at 13.55 pesos.

  • 20/08/2014 | Argentina

    Italian bondholders praise jurisdiction change

    The Italian bondholders' legal representative Tullio Zembo praised the Sovereign Public Debt Payment Law pushed by the government saying the decision to change the debt’s jurisdiction to Buenos Aires is “probably the most appropiate.”

  • 20/08/2014 | Argentina

    Summer-like temperatures until Saturday

    The central and northern Argentine provinces will experience temperatures up to 35 °C until Saturday, when this week’s summer-like weather is expected to come to an end, the National Meteorological Service (SMN) has said.

  • 20/08/2014 | Argentina

    Berni: 'I did not make any xenophobic remark'

    Following the controversy sparked by his remarks calling for action on “foreign criminals”, Security Secretary Sergio Berni rejected that his comments were xenophobic and called for a “serious debate” on foreign national criminality rates.

  • 20/08/2014 | Argentina

    Aurelius: 'Argentine leaders have chosen to be outlaws'

    Hedge fund Aurelius Capital Management has slammed Argentina's proposal to change the jurisdiction of restructured debt to Buenos Aires, in a move that the holdout investor called the nation's "latest plan to evade and violate US court orders".

  • 20/08/2014 | Argentina

    CFK speaks at BA stock market 160th anniversary

    President Cristina Fernández de Kirchner today attended the Buenos Aires Stock market to address the 160th anniversary of the entity.

  • 20/08/2014 | Argentina

    CFK: Those who invested in stocks earned more than with dollar

    President Kirchner emphasized the need to amplify “the local financial market so we will not depend on foreign fluctuations,” during the celebration of Buenos Aires Stock Market 160th anniversary.

  • 21/08/2014 | Argentina

    Capitanich: Dissident CGT 'does not represent majority of workers'

    Following the announcement by the dissident CGT umbrella union of a 24-hour strike for August 28, Cabinet Chief Jorge Capitanich said the anti-government CGT splinters led by Hugo Moyano and Luis Barrionuevo “does not represent the majority of workers or unions.”

  • 21/08/2014 | Argentina

    'Macri more in tune with vultures, Griesa than with Argentina’s interests'

    The cabinet chief bashed Buenos Aires City Mayor Mauricio Macri for his remarks against the national government’s plan to reopen the debt swap, replacing the Bank of New York Mellon with local Banco Nación as trustee.

  • 21/08/2014 | Argentina

    US dollar jumps 7.5 cents, informal rate hits 13.95 pesos

    In a market shaken by the government’s plan to restructure the external debt replacing the bank of New York Mellon as trustee, the "blue" dollar jumped 40 cents to close at 13.95 pesos. Meanwhile, the official dollar rate climbed seven cents and a half and closed at 8.405 pesos.

  • 21/08/2014 | Argentina

    US judge Griesa declares jurisdiction change illegal

    US District Judge Thomas Griesa declared that an Argentine plan to change the jurisdiction of restructured foreign debt was illegal, while resisting holdout investors' demands that Argentina be held in contempt of court for attempting to change the site of payment to Buenos Aires.

  • 21/08/2014 | Argentina

    Stiglitz would have 'recommended' debt swap reopening

    In an interview with Argentina’s daily Ámbito Financiero, Nobel Economics laureate Joseph Stiglitz considered the government’s move to reopen the debt swap a “good call” saying the reopening would “voluntarily" invite bondholders to join the strategy.

  • 21/08/2014 | Argentina

    Deputy Economy Minister Agis rejects devaluation plans

    Deputy Minister of Economy Emmanuel Álvarez Agis denied that the government plans a new devaluation and warned against “abrupt” exchange rate increases which create “tense situations” for the country.

  • 21/08/2014 | Argentina

    European creditors seek removal of RUFO clause

    European investors holding 5.2 billion dollars of restructured Argentine bonds are negotiating the removal of the Rights Upon Future Options (RUFO) clause that the country claims prevents them from negotiating with vulture funds, sources close to the meetings informed today.

  • 22/08/2014 | Argentina

    US dollar jumps one cent and a half, 'blue' falls to 13.88 pesos

    The official dollar climbed one and a half cents in Buenos Aires city banks and exchange offices to close at 8.42 pesos. Meanwhile, greenbacks in the informal market lost seven cents and closed at 13.88 pesos in the last day of the financial week.

  • 22/08/2014 | Argentina

    WTO rules against Argentina in import restrictions case

    The three trade powers argued that Argentina did not grant licenses to importers automatically as required by WTO rules, allowing it to shield its vulnerable economy. The case was part of a tit-for-tat trade war in which the government seized control of oil firm YPF from its Spanish parent Repsol.

  • 23/08/2014 | Argentina

    Argentina to ‘immediately appeal’ WTO ruling

    Argentina will appeal the World Trade Organization (WTO) ruling that urged the country to “respect international trade laws” following the complaint issued by the US, the European Union and Japan questioning its “protectionist measures."

  • 24/08/2014 | Argentina

    Fintech Advisory fund welcomes new debt swap under Argentine law

    Fintech Advisory hedge fund head David Martínez Guzmán has said the fund is willing to accept the new debt swap proposed by the Argentine government in order to “isolate (US) judge Thomas Griesa and vulture funds, and resume the chain of payment arbitrarily interrupted.”

  • 24/08/2014 | Argentina

    YPF unearths gas, petroleum reserve in Santa Cruz

    State-owned petroleum company YPF has announced the discovery of new gas and oil reserves in the province of Santa Cruz, with the potential to produce more than 200,000 cubic metres of gas and 370 barrels of oil per day.

  • 25/08/2014 | Argentina

    Gov't defends new debt swap plan: 'BoNY has breached contract'

    Cabinet Chief Jorge Capitanich defended the Executive’s plan to replace the bank of New York Mellon (BoNY) as trustee of Argentina’s restructured bonds saying it has “breached the trust agreement.”

  • 25/08/2014 | Argentina

    Capitanich bashes opposition unions, lawmakers for being 'vulture funds' advocates'

    Ahead of a transport strike announced for Thursday by anti-government CGT splinter, and as the Congresss gets ready to tackle a set of economic measures submitted by the Executive, the chief of ministers bashed opposition unions and lawmakers saying they are “advocates and instruments of the vulture funds.”

  • 25/08/2014 | Argentina

    Gov't denies China blocks loans because of default

    Cabinet Chief Jorge Capitanich rejected media reports that China is demanding Argentina to get out of default before it approves infrastructure credits to finance dam projects in the Santa Cruz province.

  • 25/08/2014 | Argentina

    US dollar unchanged, 'blue' dollar jumps to 13.98 pesos

    Following a nine-cent climb last week, in a market shaken by the government’s plan to restructure the external debt, the US dollar closed stable at 8.42 pesos today. Meanwhile, the informal rate jumped 10 cents to 13.98 pesos, breaking a new record.

  • 25/08/2014 | Argentina

    Costa says meat, milk exports 'not closed'

    Domestic Trade Secretary Augusto Costa said that milk and meat exports “are not closed” and questioned those who “aim at creating uncertainty” over the economy by not recognizing that basic foods prices “are falling since January.”

  • 25/08/2014 | Argentina

    PRO reiterates rejection of gov't debt swap bill

    PRO party lawmaker Federico Sturzenegger urged the government to “sit with the (US) judge” Thomas Griesa to “honour debt commitments” and reiterated that the center-right bloc will not back in Congress the bill pushed by the Executive to remove the bank of New York Mellon as Argentina’s trustee.

  • 25/08/2014 | Argentina

    Investor Soros sues BONY for unpaid Argentina bonds

    Billionaire United States investor George Soros and Kyle Bass, the founder of hedge fund Hayman Capital Management, have opened a lawsuit against the Bank of New York Mellon (BONY) for failing to distribute 226 million euros in Argentine bonds to creditors.

  • 27/08/2014 | Argentina

    Gov't on Thursday's strike: ‘Pickets are a sign of weakness’

    Ahead of the national strike called by anti-government splinters of the CGT and CTA labour groups, the cabinet chief said the walkout is “political” and that unions end up playing vulture funds' game.

  • 27/08/2014 | Argentina

    Capitanich: 'Argentina is under speculative attack'

    After the US dollar informal rate broke a new record yesterday, advancing 22 cents to 14.20 pesos, the cabinet chief accused vulture funds of “speculative attacks against the (peso) currency” to “systematically erode the government’s credibility and trust.”

  • 27/08/2014 | Argentina

    Gov't vows to 'monitor' RR Donnelley bankruptcy to guarantee jobs

    Cabinet chief Jorge Capitanich referred to the situation of bankrupted RR Donnelley printing firm workers and pledged the “necessary monitoring” to guarantee the sources of work.

  • 27/08/2014 | Argentina

    'Blue' dollar climbs 18 cents to 14.38 pesos, hits new record mark

    The informal rate continued its raising path today. The so-called “blue” dollar has advanced 18 cents to close at 14.38 pesos, pushed by speculation and hikes in the blue-chip swap rate and stock exchange rate.

  • 27/08/2014 | Argentina

    Micheli's CTA holds rally at Congress

    Anti-government CTA labour union lead by Pablo Micheli and left-wing groups began a 36-hour protest marching along Buenos Aires City downtown and organizing pickets at the City’s main access points.

  • 27/08/2014 | Argentina

    Kicillof urges Congress not to become 'judge Griesa’s clerk office'

    Economy Minister Axel Kicillof spoke before the Budget and Foreign Affairs Committees of the Senate as a new round of talks began over a bill that if approved would allow for the voluntary payment of the country’s creditors in Buenos Aires.

  • 28/08/2014 | Argentina

    Gov't bashes picket protesters for 'supporting those who earn most'

    Amid a 36-hour protest by anti-government CTA labour union lead by Pablo Micheli and left-wing groups and as the national 24-hour strike called by anti-government CGT Union unfolds, cabinet chief Jorge Capitanich criticized MST and Labour Party leftist groups for “supporting those who earn most.”

  • 28/08/2014 | Argentina

    'They seek a devaluation that is obviously not going to happen'

    After the informal rate hit a new record mark of 14.38 pesos yesterday, cabinet chief Jorge Capitanich dennounced “continous speculative attacks” from vulture funds that operate in the parallel market “seeking to cause a devaluation that is obviously not going to happen.”

  • 28/08/2014 | Argentina

    Bus drivers denounce attacks, paralyse service

    Although the UTA Transport Union did not join the strike today, bus lines 112,165 and 243, that run in southern Great Buenos Aires, denounced attacks against their units and decided to paralyse the service.

  • 28/08/2014 | Argentina

    US dollar trades steady at 8.42 pesos

    The US dollar traded steady and closed at 8.42 pesos in Buenos Aires City banks and foreign exchange offices. Low market activity was expected due to bank workers’ adherence to the national strike, affecting operations in financial entities in the country. The “blue” dollar traded at 14.38 pesos in a quiet market.

  • 28/08/2014 | Argentina

    Opposition leaders, gov’t officials, businessmen gather at Council of Americas conference

    The Council of Americas 11° conference in Buenos Aires City gathered government officials, opposition leaders with presidential ambitions and businessmen at the exclusive Alvear Palace Hotel to discuss the country’s political and economic situation.

  • 28/08/2014 | Argentina

    BA Governor Scioli: 'It is a sad day'

    The governor of Buenos Aires province Daniel Scioli said “it is a sad day” because of the national strike called by opposition unions, with plants that have “pulled down shutters” and workers on the streets.

  • 28/08/2014 | Argentina

    CGT's Moyano praises strike 'success'

    The anti-government splinters of CGT and CTA trade unions described the strike as “a success.” In sharp contrast with government numbers, Dissident CGT head Hugo Moyano said that over 80% of workers joined the walkout today.

  • 28/08/2014 | Argentina

    Kicillof heads to Brazil for talks on automotive industry

    Economy minister Axel Kicillof left Buenos Aires today to travel to Brazil, where he will meet with fellow ministers from the country to discuss the current situation of bilateral trade and the automotive industry.

  • 28/08/2014 | Argentina

    Randazzo blames worker leaders for wagons vandalism

    Transport and Interior minister Florencio Randazzo blamed two unionists for the vandalism on the Sarmiento railway line during today’s national strike while announcing that criminal charges were filed.

  • 29/08/2014 | Argentina

    'Blue' dollar drops 33 cents to 14.05 pesos

    The blue dollar rate which trades in the informal market today dropped 33 cents to 14.05 pesos after a quiet session yesterday due to a nationwide strike staged by anti-government unions. The official rate closed unchanged at 8.42 pesos.

  • 29/08/2014 | Argentina

    After Argentina row with vultures, ICMA revises rules for sovereign defaults

    Banks, investors and other users of bond markets have agreed to change how they would deal with defaulting debt, removing holdouts' veto right to avoid a repetition of the fracas over Argentina.

  • 29/08/2014 | Argentina

    Argentina to present debt restructuring regulation project before UN

    Economy Minister Axel Kicillof and Foreign Minister Héctor Timerman have announced Argentina will present on September 9 a project before the United Nations aimed at regulating international debt restructurings and avoiding “vulture funds’ attack on sovereign nations.”

  • 29/08/2014 | Argentina

    US judge Griesa sets new hearing in Argentina bond case

    US judge overseeing litigation by Argentina and creditors Thomas Griesa has scheduled a hearing to assess whether Citigroup Inc (C.N) should be forced to comply with a subpoena.

  • 12/08/2014 | Argentina

    Kirchnerites slam vultures, support CFK leadership in mass rally

    Thousands of pro government activists gathered at the Luna Park stadium in Buenos Aires City, to express their support in favour of President Cristina Fernández de Kirchner's stand against the so called vulture funds.

  • 19/08/2014 | Argentina

    INDEC: Unemployment up to 7.5%

    The National Statistics and Census Institute (INDEC) has revealed that unemployment reached 7.5 percent during the second quarter of 2014, a 0.4 percent increase on the previous period.

  • 26/08/2014 | Argentina

    Gov’t revokes BoNY authorization to operate in Argentina

    Cabinet Chief Jorge Capitanich confirmed that the Office of the Superintendent of Financial and Exchange Institutions has revoked the authorization for the bank of New York Mellon to operate in Argentina.

  • 26/08/2014 | Argentina

    Gov’t officials to brief lawmakers on swap bill

    Cabinet Chief Jorge Capitanich defended once again the Executive’s bill to be discussed in Congress this week that seeks to open a new debt swap with local Nación Fideicomisos as trustee, and announced that Economy Minister Axel Kicillof, Treasury Attorney Angelina Abbona and Legal and Technical Secretary Carlos Zanini will brief lawmakers tomorrow on the details of the “Sovereign Payment” bill.

  • 26/08/2014 | Argentina

    Gov’t denies interference in UTA, scolds opposition unions

    Ahead of the national strike called by the anti-government splinter of CGT and CTA umbrella unions for Thursday, Cabinet Chief Jorge Capitanich denied any official interference in UTA Transport Union -which is yet to determine whether it joins the walk-out- and scolded opposition unions.

  • 26/08/2014 | Argentina

    ‘Blue’ dollar jumps 22 cents to $14.20, sets new record

    The informal rate continued its rising path today. It advanced 22 cents to close at 14.20 pesos, pushed by speculation and hikes in the blue-chip swap rate and stock exchange rate. Meanwhile, the US dollar traded steady at 8.42 pesos.

  • 26/08/2014 | Argentina

    Two dead, 12 injured in supermarket explosion

    At least two people were killed and 12 were injured in an explosion that destroyed a Chinese-owned supermarket in Virrey del Pino, La Matanza, in Buenos Aires Province.

  • 31/08/2014 | Argentina

    Search efforts intensified for missing sailboat

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

  • 01/09/2014 | Argentina

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

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

  • 01/09/2014 | Argentina

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

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

  • 01/09/2014 | Argentina

    Capitanich insists on stay claim

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

  • 01/09/2014 | Argentina

    ‘Blue’ dollar climbs 15 cents to 14.20 pesos

    After falling 15 cents earlier, the "blue" dollar bounced back to rise 15 cents and traded at 14.20 pesos, after last week's record highs. Meanwhile, the official rate closed steady at 8.42 pesos.

  • 01/09/2014 | Argentina

    CTA's Yasky says will demand 35% minimum wage hike in today's meeting

    Before the meeting of the Minimum Wage Council scheduled for today, Hugo Yasky, the head of pro-government CTA splinter group, said they would demand a 35 percent minimum wage hike and warned the job market is eyeing “warning lights” due to increased suspensions and firings.

  • 01/09/2014 | Argentina

    Discussion of immigration policies launched

    After the controversy sparked by Security Secretary Sergio Berni’s remarks on foreigners who “come to Argentina to commit crimes”, the government has decided to launch a “round table” with NGOs to discuss immigration policies.

  • 01/09/2014 | Argentina

    Gov’t expects to increase exports to Russia up to 2,000 million dollars

    Agriculture Minister Carlos Casamiquela predicted that Argentine food export to Russia “could increase between 1,800 and 2,000 million dollars” and expected the operations to begin on September 15, when officials and business leaders of both countries meet in Moscow’s World Food exhibition.

  • 31/08/2014 | Argentina

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

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

  • 31/08/2014 | Argentina

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

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

  • 31/08/2014 | Argentina

    CFK praises ‘satellite sovereignty’ on Twitter

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

  • 01/09/2014 | Argentina

    Macri vows to remove export tax duties, lower inflation if elected president

    The mayor of Buenos Aires city vowed to lower inflation rates in two or three years and to “remove export tax duties” and “any impediment to export” if he is elected president in 2015 elections.

  • 01/09/2014 | Argentina

    August tax income rises 31.3% on year, government says

    Argentina's tax revenue jumped 31.3 percent in August from a year earlier to 99.7 billion pesos ($11.852 billion), the government said today.

  • 01/09/2014 | Argentina

    New passport system is online

    The Interior Ministry today announced the new system to apply for a passport on the Internet is already online.

  • 02/09/2014 | Argentina

    Gov't says fuel prices 'to be maintained in 2014' after 4% hike

    Cabinet Chief Jorge Capitanich referred to the 4% increase in fuel prices by state-controlled energy firm YPF, the seventh hike this year. The official stated that the companies will most likely “maintain current prices during the course of the year.”

  • 02/09/2014 | Argentina

    Capitanich rejects immigration law reform

    Cabinet Chief Jorge Capitanich dismissed any reform on Argentine immigration law, following the support expressed by different political leaders to Security Secretary Sergio Berni’s call for “legal tools” to expell foreigners who commit crimes.

  • 02/09/2014 | Argentina

    Heavy rainfalls, winds hit Buenos Aires

    The National Meteorological Service (SMN) has issued an alert for downpours and winds in Buenos Aires City and sorrounding areas.

  • 02/09/2014 | Argentina

    'Blue' dollar climbs five cents to 14.25 pesos

    The informal rate jumped five cents to close at 14.25 pesos, following a 15-cent hike yesterday. Meanwhile, the official dollar rate was steady at 8.42 pesos.

  • 02/09/2014 | Argentina

    At least 12 killed, 3 wounded in crash in Santiago del Estero

    At least 12 people died and three were severely injured when a minibus and an YPF cistern-truck collided on National Route 9, in southern Santiago del Estero province, near the town of El Simbol.

  • 02/09/2014 | Argentina

    CTA's Yasky blasts UIA's Méndez for ‘defending speculators’

    The head of pro-government CTA splinter group Hugo Yasky criticised the absence of Argentine Industrial Union (UIA) leader Héctor Méndez at yesterday’s Wage Council. “(Méndez’s) attitude favours market freedom, in defense of speculators,” Yasky said.

  • 02/09/2014 | Argentina

    Labour Ministry praises Wage Council meeting

    The Ministry of Labour Carlos Tomada praised the decision taken by the Wage Council to increase the base salary by 31% as a “tool for social construction.”

  • 02/09/2014 | Argentina

    Capitanich to brief the Lower House tomorrow

    Cabinet Chief Jorge Capitanich will attend the Congress’ Lower House tomorrow to brief lawmakers on the federal government’s actions, in compliance with article 101 of the National Constitution.

  • 02/09/2014 | Argentina

    Kicillof, De Vido meet Chinese authorities and businessmen

    Economy Minister Axel Kicillof and Planning Minister Julio De Vido continued their official trip to China, aimed at gathering funding for public works including two dams and one nuclear power plant.

  • 03/09/2014 | Argentina

    'Blue' dollar drops to 14.20 pesos

    Greenbacks in the informal market dropped five cents to close at 14.20 pesos, while the official rate of the US dollar traded steady to close at 8.42 cents in Buenos Aires City banks and foreign exchange offices.

  • 03/09/2014 | Argentina

    'Vulture funds row will not affect Chinese investments in Argentina'

    The current legal dispute between Argentina and so called “vulture funds” suing the country over its defaulted bonds “will not affect” planned Chinese investments here, the head of the National Commission of Development and Reform (CNDR) of China has warned.

  • 02/09/2014 | Argentina

    Presidential elections set for October 25 2015

    The National Electoral Register has confirmed that the first round of presidential elections will take place on October 25 2015, with a run-off pencilled in for November 24 if no candidate takes enough votes to win outright.

  • 03/09/2014 | Argentina

    Auction values Argentina Credit Debt Swaps at 39.5 cents on dollar

    Traders taking part in an auction to settle Argentina's credit default swaps have valued the country's restructured bonds at 39.5 cents to the dollar, in line with analyst expectations, who forecasted a value around 40 cents.

  • 03/09/2014 | Argentina

    Argentina and China sign nuclear cooperation deal for Atucha III

    In the second day of meetings with local authorities and businessmen in Beijing, the Argentine delegation signed a bilateral agreement to impulse the building of Atucha III power plant using Chinese investment funds.

  • 03/09/2014 | Argentina

    CFK blasts automotive industry: The cars are hidden somewhere

    President Cristina Fernández de Kirchner has hit out against car manufacturers and sellers whom she accused of "boycotting" government schemes to revive the automotive industry, suggesting that the vehicles destined for sale via the program are being hidden by the industry.

  • 04/09/2014 | Argentina

    'Blue' plummets 20 cents, official dollar rate falls after Central Bank move

    The 'blue' dollar crashed 20 cents to trade at 14 pesos, while the official rate was also down in a session marked by banks trying to sell their dollar holdings following a Central Bank resolution.

  • 04/09/2014 | Argentina

    Daily Telegraph says 'Argentina lost squid war against Malvinas'

    UK's Daily Telegraph informed the Malvinas Islands Fisheries Department has reported the largest annual catch of squid since records began, adding the record catch, which is worth more than £45m, "will be a major boost to the island economy but it is also likely to come as a blow to the Argentinian authorities."

  • 05/09/2014 | Argentina

    Weather alert for BA City and surroundings

    Heavy storms are affecting the country’s capital and several regions in Buenos Aires province; the National Meteorological Service issued a weather alert which included “strong winds and occasional hail.”

  • 05/09/2014 | Argentina

    Pollack: Argentina, creditors remain divided after meeting

    Argentina still has "unresolved" issues preventing a settlement with bondholders suing the country for repayment after not participating in the country's restructurings following its 2002 default, a court-appointed mediator has said.

  • 07/09/2014 | Argentina

    Wikileaks founder Assange claims US supports 'vulture funds' in dispute with Argentina

    Wikileaks founder Julian Assange has alleged that the United States is supporting holdout investors in their dispute with Argentina over debt defaulted in 2001, as a way of punishing the country for the memorandum of understanding signed with Iran to advance investigations into the AMIA bombing.

  • 07/09/2014 | Argentina

    Satellite imagery points to what could be Argentine missing boat

    Search efforts for the “Tunante II” sailboat and its four Argentine crew members that went missing almost two weeks ago near the Brazilian shores of Río Grande do Sul continued as experts analyzed satellite imagery that showed a boat stranded far away from the coastline.

  • 07/09/2014 | Argentina

    Argentina, China seek to activate swap deal

    The president of the Argentine Central Bank Juan Carlos Fábrega met with his Chinese counterpart Zhou Xiaochuan to finalize the details of the swap agreement signed between the two countries in July.

  • 08/09/2014 | Argentina

    Gov’t denies changes in Central Bank’s Charter

    Cabinet Chief Jorge Capitanich said “there are no plans to reform the Central Bank’s Charter” in the Executive's 2015 Budget bill which will be sent to Congress next week.

  • 08/09/2014 | Argentina

    Capitanich plays down dollar for savings record

    After the US dollar purchases for savings reached a record high of almost US$260 million in August, Cabinet Chief Jorge Capitanich minimized the surge in US dollars demand saying the “number of approvals (from AFIP tax bureau office) has decreased substantially” after an initial climb.

  • 08/09/2014 | Argentina

    'Argentine economy is predictable, creates certainty'

    Cabinet Chief Jorge Capitanich referred to the currency swap agreement with China as the two countries begin discussions to activate the deal and praised Argentina’s economic “predictability.”

  • 08/09/2014 | Argentina

    Gov’t on auto crisis: ‘Suspension levels substantially lower than in 2009’

    Ahead of a meeting between president Cristina Fernández de Kirchner and automobile industry leaders to discuss the suspension of workers and the drop in sales, cabinet chief Jorge Capitanich pointed out that the “level of suspensions is substantially lower than in 2009” and praised the government’s efforts to handle the industry’s crisis.

  • 08/09/2014 | Argentina

    'Blue' dollar jumps to 14.20 pesos; formal rate unchanged

    The informal rate climbed 20 cents to 14.20 pesos, following Friday’s quiet market amid heavy security forces’ presence in BA City financial district aimed at affecting underground exchange houses’ operations. Meanwhile, the US dollar closed steady at 8.42 pesos.

  • 08/09/2014 | Argentina

    Macri, CFK agree to postpone Federal Police withdrawal from BA City

    The mayor of BA City Mauricio Macri said that he talked with president Cristina Fernández de Kirchner and agreed to keep Federal Police forces in Buenos Aires City neighbourhoods in coordination with Metropolitan Police. Last week, Security Secretary Sergio Berni had ordered the withdrawal of federal officers.

  • 08/09/2014 | Argentina

    Macri praises PRO-UCR victory in Marcos Juárez election

    The Buenos Aires City mayor and head of PRO party Mauricio Macri celebrated the electoral triumph of PRO’s contender Pedro Dellarrossa, elected mayor of Marcos Juárez city in Córdoba province yesterday. “(The election) predicts a tsunami of change,” Macri said.

  • 09/09/2014 | Argentina

    'Alleged currency restrictions cannot be used as excuse to create uncertainty'

    Following a meeting between president Cristina Fernández de Kirchner and auto industry leaders yesterday, Cabinet Chief Jorge Capitanich ratified that further talks will be held separately with company representatives and urged business leaders to work towards a “cooperative system”.

  • 09/09/2014 | Argentina

    Capitanich on Macri's pledges: 'He wants a country for only a few'

    Cabinet chief Jorge Capitanich criticized BA City mayor Mauricio Macri’s recent campaign pledges -to remove export taxes and lower inflation- saying they are “demagogic" and "lacking of foundation.” He warned that PRO party’s proposals entail “social exclusion” and “a country for only a few.”

  • 09/09/2014 | Argentina

    Gov’t warns aeronautical unions against taking 'irrational measures'

    As several aeronautical unions threaten Aerolíneas Argentinas with going on a strike if wage negotiations are not reopened, cabinet chief Jorge Capitanich praised Mariano Recalde’s management as head of the flag carrier and warned workers against “irrational measures.”

  • 09/09/2014 | Argentina

    Blue-chip breaks new record, pushes 'blue' dollar to 14.25 pesos

    The blue-chip swap rate climbed two cents to finish at 13.32 pesos and the stock exchange rate advanced to 13.40 pesos today, pushing the “blue” dollar up by five cents to close at 14.25 pesos. Meanwhile, the US dollar traded steady at 8.42 pesos.

  • 09/09/2014 | Argentina

    Gov’t defends plan to increase exports to Russia

    Cabinet chief Jorge Capitanich defended Argentina’s efforts to increase food exports to Russia, amid accusations from the European Union (EU) that Buenos Aires is taking advantage of the bloc’s sanctions against Moscow over the Ukrainian conflict.

  • 09/09/2014 | Argentina

    Tenants protest real estate 'abuses'

    Several tenants and left-wing organizations have launched a protest to demand a meeting with Argentine Real Estate Chamber representatives and to push for a Tenants Defense Law to prevent abusive behaviour from landlords.

  • 09/09/2014 | Argentina

    UN assembly approves creation of debt restructuring framework

    The United Nations has voted overwhelmingly in favour of a legal framework that would help regulate restructuring of foreign sovereign debt, a project that was suggested by the Argentine government and presented before the assembly by the Group of 77.

  • 09/09/2014 | Argentina

    Latin America's tallest building to be built in Demarchi Island

    President Cristina Fernández de Kirchner has addressed the country in a national broadcast to announce the enactment of the pension’s moratorium bill, the construction of 22 new Procrear housing developments across the country and the building of Latin America’s tallest skyscraper on Demarchi Island.

  • 10/09/2014 | Argentina

    Capitanich calls lawmakers to 'vote for the country' on debt swap bill

    As the Lower House is set to pass the new debt swap bill, cabinet chief Jorge Capitanich highlighted the broad support Argentina received at the United Nation’s General Assembly for a legal framework for sovereign debt restructuring processes, and urged opposition lawmakers to show the same support for the government.

  • 10/09/2014 | Argentina

    Gov’t denounces 'strategy to distort' its actions

    Cabinet chief Jorge Capitanich accused opposition politicians and analysts of carrying out a “strategy to distort the government’s efforts and achievements,” in response to a report by the UCA Argentina Catholic University’s Social Debt Observatory that said that 42.6% of Buenos Aires Province youth live in poverty.

  • 10/09/2014 | Argentina

    Informal rate unchanged at 14.25 pesos, US dollar steady at 8.42

    The US dollar traded steady and closed at 8.42 pesos in Buenos Aires City banks and foreign exchange offices. Meanwhile, the informal rate traded unchanged at 14.25 pesos.

  • 10/09/2014 | Argentina

    Griesa holds off on Citi subpoena in vulture case

    US district judge Thomas Griesa has said he would wait for a decision on a pending appeal before ordering Citigroup to comply with a subpoena served by holdout investors seeking details of any threats from Argentina to process payments the court had blocked.

  • 10/09/2014 | Argentina

    Volkswagen lifts suspensions in Córdoba plant, SMATA says

    Volkswagen Argentina will lift suspensions for its workers in its plant in Córdoba province and it plans to manufacture 90,000 gearboxes to be exported to China, the provincial head of SMATA Mechanics Union Omar Dragún announced.

  • 10/09/2014 | Argentina

    Former Rural Society heads indicted for La Rural building sale

    Former Argentina Rural Society heads Enrique Crotto and Raúl Etchebehere have been indicted for alleged “embezzlement of public funds” as part of the investigation of the purchase “at vile price” of the Argentine Rural Society premises in 1991.

  • 10/09/2014 | Argentina

    Lower House debates new bond swap bill

    Lawmakers in the Lower House of Congress began to discuss the Executive’s Sovereign Payment bill a few minutes after noon today. The project has already been approved by the Senate and is expected to be passed between 4 and 6am tomorrow.

  • 10/09/2014 | Argentina

    Libertad training ship joins search mission for shipwrecked Argentines

    The Argentine government has announced that the Libertad training ship will take part in the ongoing search for four Argentines who are believed to have shipwrecked while navigating in Brazilian seas.

  • 10/09/2014 | Argentina

    CFK urges businessmen to continue Pro.cre.auto car plan

    President Cristina Fernández de Kirchner led UIA’s annual dinner in Tecnópolis, where she urged industrialists to apply Pro.cre.auto plan in order to boost car sales.

  • 11/09/2014 | Argentina

    Lower House okays debt bill, project signed into law

    Lawmakers in the Lower House of Congress passed the Executive’s Sovereign Payment bill today, after almost 16 hours of debate, by 134 votes in favour, 99 against and 5 abstentions.

  • 11/09/2014 | Argentina

    'Those who voted against favour vulture funds'

    Cabinet chief Jorge Capitanich celebrated that the government’s new debt swap plan became a law and bashed opposition lawmakers who voted against the Executive’s bill saying they “respond to a strategy designed by vulture funds.’

  • 11/09/2014 | Argentina

    US dollar steady at 8.42 pesos, 'blue' up one cent at 14.26 pesos

    The US dollar traded unchanged in BA City banks and exchange offices and closed at 8.42 pesos, while the so called "blue" dollar which trades in the informal market went up one cent to close at 14.26 pesos.

  • 11/09/2014 | Argentina

    'I pray God for a positive DNA result'

    Susana Trimarco, the mother of Marita Verón, who has become a high-profile human trafficking case after she went missing in 2002, said that both she and her granddaughter Micaela (Marita’s child) have submitted samples for DNA analysis that will determine whether a boy found in Córdoba province is his grandson, as suspected.

  • 11/09/2014 | Argentina

    Vulture funds reach BA province classrooms

    The Buenos Aires province Senate has approved a bill pushed by Victory Front’s lawmaker Patricio García to take the country’s battle against vulture funds to the province’s classrooms. “Our youth deserve to understand what is being discussed,” García said.

  • 04/09/2014 | Argentina

    CFK blames vulture funds for mudslinging

    President Cristina Fernández de Kirchner assured the so called vulture funds led a negative campaign in order to harm her public image, following a picture released by the "Arabi Press" website.

  • 05/09/2014 | Argentina

    'Blue' dollar steady at 14 pesos amid Gendarmerie patrols in BA City

    The US dollar climbed one cent to close at 8.42 pesos, while greenbacks in the informal market traded unchanged and closed at 14 pesos amid Gendarmerie patrols in dowtown Buenos Aires.

  • 11/09/2014 | Argentina

    CFK signs Sovereign Debt bill: We can pay, we want to pay, we will pay

    President Cristina Fernández de Kirchner has passed into law the Sovereign Debt bill, which changes the payment location of Argentine bondholders and was approved by Congress earlier this morning.

  • 12/09/2014 | Argentina

    US dollar steady at 8.42 pesos, 'blue' climbs nine cents at 14.35 pesos

    The US dollar remained unchanged in banks and exchange offices in the City and closed at 8.42 pesos. The so called "blue" dollar, meanwhile, jumped nine cents at 14.35 pesos.

  • 14/09/2014 | Argentina

    YPF’s Galuccio: ‘If gas prices didn't increase we would be bankrupt’

    YPF oil and gas state company President Miguel Galuccio pointed out the company’s “commitment to the country” and said that the increase in gas prices is needed in order to sustain “strong investment levels.”

  • 15/09/2014 | Argentina

    'Máximo is a leader with great political skills’

    Cabinet chief Jorge Capitanich has joined the list of government leaders to praise the first on-stage appearance of Máximo Kirchner, the president’s son. “(Máximo) is a leader with great political skills, I hope he takes an active part (in politics) from now on,” the chief of ministers said.

  • 15/09/2014 | Argentina

    Gov’t bashes ‘those who announce catastrophes’ for ‘actively seeking a coup’

    Following a series of remarks by opposition union leaders and politicians warning about the risk of major social outbreak in December, cabinet chief Jorge Capitanich accused them of “actively seeking a coup” and of committing a “public offence” for which they should be judged.

  • 15/09/2014 | Argentina

    'US does not support the debt debate at the UN'

    As President Cristina Kirchner’s gets ready for her annual trip to New York to speak at the United Nations General Assembly, US interim ambassador in Buenos Aires Kevin Sullivan ratified that Washington will not back the UN sovereign debt resolution sparked by Argentina’s legal battle with its holdout creditors.

  • 15/09/2014 | Argentina

    ‘Blue’ dollar breaks new record at 14.45 pesos; formal rate steady at 8.42

    The informal rate jumped 10 cents to 14.45 pesos, hitting a new record mark, pushed by especulation and hikes in the blue-chip swap and stock exchange rates. In the meantime, the US dollar traded unchanged at 8.42 pesos.

  • 15/09/2014 | Argentina

    Three aircrafts crash in less than 24 hours

    Following the fiery crash of a light aircraft in Nordelta yesterday, two other planes have come down, one in General Villegas and the other near Neuquén city. No fatal casualties have been reported from the most recent accidents.

  • 16/09/2014 | Argentina

    Gov’t slams US Sullivan's 'unfortunate, incorrect' comments

    Cabinet chief Jorge Capitanich said that US interim ambassador in Buenos Aires Kevin Sullivan has been summoned by Foreign Minister Héctor Timerman following his remarks about the country needing “to exit default as soon as possible” in an interview published on Monday .

  • 16/09/2014 | Argentina

    Capitanich says Máximo’s speech not 'reelection strategy'

    Cabinet chief Jorge Capitanich praised once again the first on-stage appearance of the president’s son, Máximo Kirchner, who spoke at a rally on Saturday, and stressed that his remarks were not aimed at encouraging a constitutional reform to allow Ms. Kirchner to be reelected.

  • 16/09/2014 | Argentina

    'Argentina heading towards solid long-term scenario'

    Following the submission of the 2015 Budget bill to Congress, cabinet chief Jorge Capitanich reiterated the government’s optimism for next year’s economic outlook . “Argentina is heading towards a very solid medium and long-term scenario,” he stressed.

  • 16/09/2014 | Argentina

    Stock exchange rate historic peak pushes 'Blue' up to 14.70 pesos

    Greenbacks in the informal market have broken a new barrier, climbing sharply by 25 cents to close at 14.70 pesos. The stock exchange rate was hitting a historic peak too, jumping 31 cents to close at 13.68 pesos, and pushing the so called "blue dollar" up, already following Monday's five-cent hike.

  • 16/09/2014 | Argentina

    US citizen wanted for murder in Pennsylvania arrested in BA city

    US citizen identified as Anthony Rocco Franklin, under international warrant for homicide in the US Columbia and Montour counties, has been arrested by Argentinean Federal Police in the streets of Palermo neighbourhood in Buenos Aires city.

  • 16/09/2014 | Argentina

    Oil provinces reach agreement over new hydrocarbons law

    The federal government and oil-producing provinces have come to an agreement in Mendoza over the new National Hydrocarbons law, which will now be discussed in Congress in the coming days.

  • 16/09/2014 | Argentina

    CFK blasts opposition: 'They cannot even make a mate drink'

    Surrounded by thousands of pro-government activists in Formosa, President Cristina Fernández de Kichner inaugurated several waterworks and deliver netbooks to local students, taking the opportunity to deliver fierce criticisms at opposition leaders during her act.

  • 17/09/2014 | Argentina

    No official US response after Sullivan diplomatic row - Capitanich

    Cabinet chief Jorge Capitanich said there has been no formal response from the US government following Argentina’s dispute with interim ambassador in Buenos Aires Kevin Sullivan over an alleged “intrusion into domestic affairs”.

  • 17/09/2014 | Argentina

    Gov't defends anti-hoarding law against 'shameless liars'

    Ahead of Congressional approval of the Anti-Hoarding law, cabinet chief Jorge Capitanich defended the bill in his daily press briefing saying it “seeks to protect small and medium-sized businesses, and consumers.” He harshly criticised “those who lie shamelessly” by arguing it would deter investments.

  • 17/09/2014 | Argentina

    'Blue' dollar skyrockets to 15.10 pesos pushed by speculation

    The informal rate hit a new historic peek, breaking the 15 pesos barrier and closing at 15.10 pesos, pushed by rate speculation, and following yesterday’s sharp 25-cents climb. Meanwhile, the US dollar jumped one cent to 8.43 pesos.

  • 13/09/2014 | Argentina

    'If they want to end Kirchnerism, why don’t they compete with Cristina?'

    The son of President Cristina Fernández de Kirchner spoke in public for the first time , during a political rally organized by La Cámpora youth organisation, at Diego Maradona Stadium, City of Buenos Aires.

  • 14/09/2014 | Argentina

    Baltasar Garzón says UN sovereign debt resolution 'essential'

    Former Spanish Judge and Human Rights activist Baltasar Garzón celebrated the Sovereign Payment law approved by Argentina’s Congress last week and described the UN’s resolution for the creation of a multilateral legal framework for sovereign debt restructuring process as "essential.”

  • 14/09/2014 | Argentina

    Kicillof praises Máximo K. political rally speech

    Economy Minister Axel Kicillof said La Cámpora organization rally last Saturday was “spectacular” and praised the remarks made by the son of President Cristina Fernández de Kirchner, Máximo Kirchner. “It was a politically clarifying speech,” he said about Máximo’s first public address.

  • 12/09/2014 | Argentina

    INDEC says consumer prices rose 1.3% in August

    Consumer prices in Argentina have risen 1.3 percent in August, INDEC statistics agency reported this afternoon, after adding 1.4 percent the previous month.

  • 17/09/2014 | Argentina

    Lower House debates consumer bills

    The Lower House of Congress has began the debate on a package of consumer bills pushed by the Executive that seek to reform the Anti-Hoarding Law, to create a consumer’s forum and a price observatory. The vote is not expected to take place until midday on Thursday.

  • 17/09/2014 | Argentina

    Iconic actress ‘China’ Zorrilla dies

    Beloved Uruguayan actress Concepción “China” Zorrilla has died from pneumonia while hospitalized in a Montevideo clinic. She was 92.

  • 17/09/2014 | Argentina

    Yes or No: Two sides, one shared story

    By Damian Pachter

  • 18/09/2014 | Argentina

    Lower House passes anti-hoarding, consumers bills

    The Lower House has passed a package of anti-hoarding and consumer protection laws after a 14-hour long marathon debate. The government-sponsored bills involve the reform of the supply legislation, create a new price observatory and establish a new conflict-resolution mechanism between consumers and companies.

  • 18/09/2014 | Argentina

    Gov't denounces 'speculative attacks' after AA's ticket sales restriction

    Cabinet chief Jorge Capitanich described American Airlines’ decision to restrict ticket sales to and from Buenos Aires city to 90 days as an “speculative attacks against the country”. The US airline alleged difficulties in the currency exchange market to apply restrictions in its operations in Argentina.

  • 18/09/2014 | Argentina

    Capitanich takes aim at banks for 'illegal' dollar operations

    The government reiterated its accusations against vulture funds for this week’s ‘blue’ dollar record climb and slammed national and foreign banks for “fueling” operations in the illegal currency exchange market.

  • 18/09/2014 | Argentina

    'G-6 resists defence of SMEs'

    Following the congressional approval of the anti-hoarding bill, Cabinet Chief Jorge Capitanich praised the reform of the previous legislation and dismissed criticism by industrial groups.

  • 18/09/2014 | Argentina

    'Blue' dollar drops 10 cents, official rate up to 8.44 pesos

    The informal rate fell back by 10 cents to close at 15 pesos today, after it breached a new record mark yesterday, at 15.10 pesos. Meanwhile, the US dollar closed a cent higher at 8.44 pesos.

  • 18/09/2014 | Argentina

    Recalde says AA's sales restriction 'suspicious'

    Aerolíneas Argentinas head Mariano Recalde expressed his “surprise” at American Airlines (AA) decision to restrict sales to and from Buenos Aires City and denied any similar measures by other airlines operating in the country.

  • 18/09/2014 | Argentina

    Central Bank denies ‘currency restrictions’

    Argentina’s Central Bank denied any "currency restrictions," in response to American Airlines’ alleged reason to limit local availability of tickets.

  • 22/09/2014 | Argentina

    Judge Griesa orders new hearing after Citibank requests payment stay

    New York district judge Thomas Griesa has called a new hearing this Friday, after Citibank requested an injunction in order to honour a payment on Argentine bonds held under local legislation and in foreign currency.

  • 22/09/2014 | Argentina

    Bank of New York Mellon refuses to step aside as financial agent

    The Bank of New York Mellon (BONY) has declined Argentina's request to relinquish its role as the country's financial agent, insisting that it would continue to abide by court rulings made in New York regarding payment to bondholders.

  • 23/09/2014 | Argentina

    Gov't insists on the need of allowing payment ahead of Griesa hearing

    Cabinet chief Jorge Capitanich refused to make further comments on the new hearing called by US Judge Thomas Griesa for Friday but considered “fair and necessary” that the magistrate allows payment on Argentine bonds under local legislation.

  • 23/09/2014 | Argentina

    Gov’t calls for oil investments, says country is in ‘transition stage’

    Cabinet chief Jorge Capitanich explained that the country currently imports u$s 12 billion dollars in energy but said that “strenuous efforts” are being made to increase local oil production and urged private companies to raise investment levels.

  • 23/09/2014 | Argentina

    'Blue' dollar jumps to 15.42 pesos, official rate down 1 cent to 8.44 pesos

    The so-called "blue" dollar today added 27 cents to close at 15.42 pesos, pushed by the stock exchange rate, while the official dollar dropped one cent to close at 8.44 pesos in Buenos Aires City banks.

  • 23/09/2014 | Argentina

    Ex president Menem testifies his son was 'murdered'

    Former president Carlos Saúl Menem declared before Federal Judge Carlos Villafuerte Ruzo and ratified his earlier statement that his son, Carlos Menem Jr, was “murdered”. Menem was deposed at his office in the Senate in the trial investigating the death of his son, who perished in a fatal helicopter crash in 1995.

  • 23/09/2014 | Argentina

    Budget bill for 2015 to be discussed in Lower House on October 8

    The Budget and Finance Lower House committee has met to analyse the 2015 budget bill. During seven hours, Economy Ministry officials informed lawmakers on several details of the bill, which will be discussed in the Lower House on October 8.

  • 23/09/2014 | Argentina

    Moody’s: Argentina’s 'decline' a threat to Latin America region

    Ratings agency Moody's Investors Service has warned the South American country can be “harmful” for Latin America, stating Argentina’s economy is in “decline” and qualifying the country as “highly risky.”

  • 23/09/2014 | Argentina

    ‘I tried to rob for my son’s birthday’, says Boca motorcycle thief

    Gastón Aguirre, the person who attempted to rob at gunpoint the backpack of a Canadian tourist in La Boca while being filmed, assured today he tried to bring money to his home in order to celebrate his son's birthday, in statements to a local TV channel.

  • 24/09/2014 | Argentina

    Gov’t says 'blue' dollar climbs 'do not relate to macroeconomic perspectives'

    After the informal rate advanced 27 cents yesterday, following a week of sharp climbs, cabinet chief Jorge Capitanich aimed at speculators and stressed that the so called “blue” dollar “cannot be taken as a reference for any transaction because it does not relate to (the country’s) macroeconomic perspectives.”

  • 24/09/2014 | Argentina

    Capitanich aims at G6 group for constitutionality challenge of anti-hoarding law

    Cabinet chief Jorge Capitanich harshly criticized the so called G6 group of Argentina’s top business leaders who have expressed its intention to challenge the constitutionality of the recently passed anti-hoarding law sponsored by the Executive. “It makes no sense,” he said.

  • 24/09/2014 | Argentina

    Gov't fires back at ATFA, Germany's Finance Minister over debt battle

    Cabinet chief Jorge Capitanich said that “Germany has always had a hostile stance against Argentina” on the country’s battle against its holdout creditors. He fired back at the latest ad published by the American Task Force Argentina (ATFA) that quoted German Finance Minister Wolfgang Schauble who had described Argentina as “an example of lack of solidity” last month.

  • 24/09/2014 | Argentina

    VP Boudou seeks dismissal of false car papers indictment

    Vicepresident Amado Boudou has filed an appeal against his indictment for the purchase of an Honda vehicle in the 90s with fake documents. He reiterated his claim that the crime was commited by the agents in charge of the car’s ownership transfer.

  • 24/09/2014 | Argentina

    Eurnekian: 'If it is in Soros' hand to do something, I think he will'

    Business tycoon Eduardo Eurnekian expressed confidence that billionaire George Soros, who met with President Cristina Fernández de Kirchner in New York last Monday "may be well positioned to help broker a deal," in reference to the dispute between Argentina and so called vulture funds.

  • 24/09/2014 | Argentina

    INDEC: Recession comes to end with 0.9% growth

    The National Statistics and Census Institute (INDEC) has asserted that the Argentine economy grew 0.9 percent in the second quarter of 2014 compared to the previous three month period, overturning a trend of two consecutive quarters of negative growth.

  • 24/09/2014 | Argentina

    Griesa asks Argentina to show why it should not be declared in contempt

    New York district judge Thomas Griesa has asked Argentina to show cause and explain why the country should not be declared in contempt, following its decision not to pay holdout investors full amount for their defaulted bonds as the judge’s ruling ordered on August 8.

  • 25/09/2014 | Argentina

    Gov't denies encouraging importers to buy US dollars in parallel market

    Following a new record high of the so called “blue” dollar -that closed at 15.95 pesos yesterday-, cabinet chief Jorge Capitanich dismissed rumours that the government is encouraging importers to buy foreign currency in the parallel market. "It is a lie, a baseless rumour," he said.

  • 25/09/2014 | Argentina

    Capitanich slams businessmen, bankers for 'seeking to evade gov't control, supervision'

    Cabinet chief Jorge Capitanich rejected claims of currency restrictions in import/export operations and accused “some businessmen and bankers” of "seeking to evade the government’s control and supervision, jeopardizing the quality of life of the Argentine people.”

  • 25/09/2014 | Argentina

    Airlines required to gather further information on passengers

    The government announced that airlines for both commercial and non commercial flights will be required to deliver further information of its passengers to the National Migrations Office, the AFIP tax bureau, Airport Police and Civil Aviation National Administration.

  • 25/09/2014 | Argentina

    CFK back home after UN address

    President Cristina Fernández de Kirchner landed minutes after 10 am in Buenos Aires City Aeroparque airport back from New York, where she addressed the United Nations (UN) General Assembly and Security Council yesterday.

  • 25/09/2014 | Argentina

    Stock exchange dollar, blue-chip rise but 'blue' falls to 15.75 pesos

    The so called "blue" dollar fell back 20 cents today to close at 15.75 pesos, even though the stock exchange dollar rate or MEP was up 23 cents at 14.70, and the blue-chip swap rate increased by 32 cents to close at 14.73 pesos.

  • 25/09/2014 | Argentina

    Nearly 4,000 nationals, residents with Swiss bank accounts targeted by AFIP tax bureau

    AFIP national tax bureau has received from France a list of 3.900 Argentine nationals or residents with accounts in HSBC Bank in Switzerland and now seeks to demand payment for undeclared money.

  • 25/09/2014 | Argentina

    German government seeks distance from ‘vulture struggle’

    Angela Markel’s administration attempted to lower tensions with the Argentine government today, after controversial statements made by German Finance Minister Wolfgang Schauble regarding the so called vulture funds conflict.

  • 26/09/2014 | Argentina

    Capitanich blasts opposition analysts for "creating debt which we all have to pay'

    Cabinet Chief Jorge Capitanich came on stage today to blast opposition analysts who criticize the national government for the economic situation and accused them of having led the country to a debt status.

  • 26/09/2014 | Argentina

    US dollar rises two cents, 'blue' dollar steadies at 15.75 pesos

    The US dollar traded two cents up today in banks and exchange houses to end at 8.46 pesos, while the informal rate remained steady.

  • 26/09/2014 | Argentina

    Economic activity holds steady in July, INDEC says

    Argentina's economic activity index held steady in July compared with the same month a year earlier, official data showed today, bucking expectations for a slight slowdown in Latin America's third-largest economy.

  • 26/09/2014 | Argentina

    Gov't posts $609 mln current account surplus in 2nd qtr

    Argentina today reported a current account surplus of $609 million in the second quarter after posting a $3.46 billion deficit in the first three months of 2014.

  • 26/09/2014 | Argentina

    US says ties with Argentina going through 'tough period'

    US Assistant Secretary of State for the Western Hemisphere Roberta Jacobson has said the bilateral relationship with Argentina is going through a “tough period”, while stating the legal battle between the South American country and holdouts is not a political problem but a judicial problem.

  • 18/09/2014 | Argentina

    New York Appeals Court promises Citi decision, criticises bank's case

    New York's Second Circuit Appeals Court has heard the arguments of Citigroup, who seek to overturn a judicial order blocking the payment of Argentine bonds. The court also promised to release its decision 48 hours before the next payment deadline of September 30, although the comments from one of the judges cast doubt on the bank's posture.

  • 18/09/2014 | Argentina

    CFK blames ‘local vultures’ for speculative attack on the economy

    President Cristina Fernández de Kirchner assured that Argentina is under “permanent speculative attack headed by US Federal judge Thomas Griesa,” and criticized “local vultures who have amplified the offensive to the point of ridicule.”

  • 19/09/2014 | Argentina

    'A country's confidence is not measured by the illegal dollar'

    Cabinet Chief Jorge Capitanich renewed the government’s criticism of the so called “blue” dollar operations calling on savers to not lean towards the “illegal” market to get greenbacks.

  • 19/09/2014 | Argentina

    'Blue' dollar at 15 pesos on inspection fears

    The so called “blue” dollar traded steady and closed at 15 pesos following yesterday’s fall and Wednesday’s sharp climb when, pushed by speculation, greenbacks in the informal market hit a record high. In BA City banks and foreign exchange offices, the official rate of the American currency jumped to 8.44 pesos.

  • 19/09/2014 | Argentina

    US court tosses Argentina, Citigroup appeal in bond case

    A US appeals court dismissed an appeal by Citigroup Inc and Argentina of an order blocking the bank from processing payments on $8.4 billion in bonds issued under the country's laws following its 2002 default.

  • 21/09/2014 | Argentina

    'Auto industry has shot itself in the foot several times'

    Industry Minister Débora Giorgi has questioned the decisions taken by automotive industry leaders, whom she held accountable for recent suspensions and layoffs. The minister stressed that despite the slower economic activity in the industry, “there have been no plant closures.”

  • 21/09/2014 | Argentina

    Criminal hands himself in after Balvanera hostage stand-off

    A harrowing stand-off in the City neighbourhood of Balvanera came to an end after two hours, after a criminal who had taken a passer-by hostage at gunpoint following a botched robbery handed himself over to authorities.

  • 22/09/2014 | Argentina

    ‘Citibank must honour its obligations’

    Cabinet chief Jorge Capitanich urged Citibank to “honour its obligations to transfer funds to (Argentina’s) bondholders" following the New York's Second Circuit Appeals Court dismissal of an appeal by Citigroup and Argentina that sought to overturn US Judge Thomas Griesa’s order blocking payment.

  • 22/09/2014 | Argentina

    Blue-chip, stock exchange rates skyrocket; 'blue' dollar up to 15.15 pesos

    The blue-chip swap rate advanced 62 cents to 14.53 pesos, breaching a new record mark, while the stock exchange rate jumped 60 cents to 14.52 pesos. The informal rate also soared at the end of trading to 15.15 pesos, after a week of sharp climbs pushed by speculation.

  • 22/09/2014 | Argentina

    'It would be great if Máximo run for governor of BA province'

    Ever since Máximo Kirchner made his first major political speech, kirchnerite leaders have expressed their support for a more active political role of the president’s son. Deputy governor of Buenos Aires province Gabriel Mariotto said “it would be great if (Máximo) presented his candidacy for Buenos Aires province” in 2015 elections.

  • 22/09/2014 | Argentina

    BA province governor breaks right collarbone playing futsal

    Governor of Buenos Aires province Daniel Scioli broke his right collarbone while playing futsal although he announced that he will continue to carry with his normal activities.

  • 22/09/2014 | Argentina

    'Citibank has no gun pointed to its head, but Argentine law'

    Economy Minister Axel Kicillof responded to Citibank’s lawyer Karen Wagner comments that the bank had “a gun to its head” which would “probably go off” if the US Judiciary did not allow payment of funds blocked by US Judge Thomas Griesa. “The Citibank has no gun to its head, but the Argentine law,” Kicillof stated.

  • 22/09/2014 | Argentina

    CFK meets with investor Soros, Ban Ki-moon in New York

    President Cristina Fernández de Kirchner today thanked UN chief Ban Ki-moon for the organisations support of Argentine debt restructuring, and also met with bondholder and billionaire financier George Soros, who is suing a US bank caught in the middle of the country's latest debt default.

  • 28/09/2014 | Argentina

    Binner: 'UNEN-Broad Front is doing very well'

    The leader of the UNEN-Broad Front Hermes Binner said the front is “doing very well, travelling all over the country” and that it will anounce its economic plan on Thursday.

  • 28/09/2014 | Argentina

    Sedronar head Molina criticises anti-drug operations

    The head of the Sedronar anti-drug trafficking office, Juan Carlos Molina openly questioned the Security Ministry drug policies saying it does not lead to the arrest of big traffickers but only of the “little fish”.

  • 29/09/2014 | Argentina

    Capitanich praises 'active policies to sustain consumption, employment levels’

    Cabinet chief Jorge Capitanich defended government policies aimed at “sustaining domestic demand and public investment as a driving force for economic growth and employment level” in a complex international scenario.

  • 29/09/2014 | Argentina

    Gov’t works on criminal law reform to fight ‘blue’ dollar

    The government is pushing a reform in the criminal foreign exchange regime to battle underground exchange houses operations (known as cuevas), said Carlos Gonella, head of the Office of Economic Crime and Money-Laundering (PROCELAC).

  • 29/09/2014 | Argentina

    Capitanich rebukes grain exporters' 'selfish attitudes'

    Cabinet chief Jorge Capitanich harshly criticized grain exporters and the leaders of the Argentinean agricultural sector for “having selfish attitudes” by hoarding grains and not selling months ago.

  • 29/09/2014 | Argentina

    'Blue' dollar falls back to 15.60 pesos; official climbs to 8.49

    The “blue” dollar fell back 15 cents to 15.60 pesos after last week's 75 cents climb. Meanwhile, the US dollar advanced three cents to 8.49 pesos in Buenos Aires City banks and foreign exchange offices.

  • 30/09/2014 | Argentina

    US insists Argentina needs to agree 'with all its bondholders'

    The US State Department has reacted to the letter sent by the Argentine government to Secretary of State John Kerry before yesterday’s ruling, declaring the country in contempt of court. “We are following the situation closely,” a spokesperson from that entity expressed earlier today.

  • 30/09/2014 | Argentina

    ‘If something happens to me, look north’, Cristina warns

    In her first public appearance since the declaration of the country in contempt of court, President Cristina Fernández de Kirchner took a hard-line against the US on national broadcast and warned that if “something happens to me, look north”, in a speech delivered from the Women’s Salon, at the Government House.

  • 30/09/2014 | Argentina

    September tax revenue up 37,2%, CFK reveals

    President Cristina Fernández de Kirchner announced estimated tax revenue for this month rose 37,2 percent in comparison to the same period last year, reaching 98.5 billion pesos.

  • 01/10/2014 | Argentina

    'We make the US responsible for the actions of its powers'

    Cabinet chief Jorge Capitanich reiterated the government’s claim for the US government to take responsibility for the actions of its judicial branch in Argentina's longstanding legal battle against its holdout creditors.

  • 01/10/2014 | Argentina

    Capitanich defends Code reform to be discussed at Lower House

    As the Lower House of Congress is set to begin the debate on the bill to reform the country’s  Civil and Commercial Code today, cabinet chief Jorge Capitanich defended the bill and denounced “media operations” that “lie”, “misinterpret” the project.

  • 01/10/2014 | Argentina

    Government threatens 'speculators' with sanctions

    Following president Cristina Fernández de Kirchner’s claims of “suspicious movements” involving the dollar informal rates yesterday, cabinet chief Jorge Capitanich warned against those who “engage in illegal or speculative actions” saying they must be identified and sanctioned.

  • 01/10/2014 | Argentina

    Parallel dollar rates drop sharply as stocks plummet

    The so-called “blue” dollar dropped 10 cents to 15.60 pesos today, while the blue-chip swap rate plunged 84 cents to 14.36 pesos and the stock exchange rate dropped 43 cents to 14.56 pesos as sharp losses on the Buenos Aires stock market pushed the parallel currencies down.

  • 01/10/2014 | Argentina

    Opposition lawmakers to file lawsuit against Lower House head over Code reform

    Opposition lawmakers are determined to stop the debate on the reform of the Civil and Commercial Code scheduled for noon today at the Lower House.

  • 01/10/2014 | Argentina

    US citizen kidnapped, robbed in BA

    The head of the Mormon Argentina Buenos Aires West Mission, US citizen David Paul Robertson, was kidnapped, robbed, and finally released by armed men that attacked him while he was driving in Ciudadela, in Greater Buenos Aires.

  • 01/10/2014 | Argentina

    Lower House passes Code reform bill into law

    The Victory Front (FPV) caucus at the Lower House has passed the bill that seeks to reform the nation’s Civil and Commercial Code into law, amid threats by opposition lawmakers who sought to stop the debate and then walked out of the session.

  • 01/10/2014 | Argentina

    Court ratifies VP Boudou’s indictment for false car papers

    The Federal Court has ratified its indictment against Vicepresident Amado Boudou for the purchase of an Honda vehicle in 1992 with fake documents. The Court rejected a dismissal appeal filed by Boudou last week.

  • 01/10/2014 | Argentina

    CNV launches inspection of Balanza Capital, Banco Mariva

    The National Security Commission (CNV) has launched an inspection of Balanza Capital and Banco Mariva financial agencies, both accused of "suspicious movements" by president Cristina Fernández de Kirchner yesterday in a nationwide broadcast.

  • 01/10/2014 | Argentina

    Buenos Aires shares plunge 8,2%

    Buenos Aires shares today fell 8.2 percent to 11.516,28 units following the news that the Central Bank chief Juan Carlos Fábrega had resigned.

  • 02/10/2014 | Argentina

    ‘Vanoli’s mission is to enforce Central Bank's charter’

    Cabinet chief Jorge Capitanich said that the mission of recently appointed Central Bank (BCRA) governor Alejandro Vanoli is to enforce the Bank’s charter, guaranteeing and encouraging "an environment that is favourable to economic activity, employment and investment.”

  • 02/10/2014 | Argentina

    Civil Code effective starting January 1, 2016

    Cabinet chief Jorge Capitanich praised the Congressional approval of the Civil and Commercial code reform and explained it will be effective starting January 1, 2016.

  • 02/10/2014 | Argentina

    Gov’t optimistic about trade balance prospects

    Cabinet chief Jorge Capitanich highlighted Brazilian statistics that reveal a favourable trade balance for Argentina and forecasted an export surplus for the 2014-2015 campaign.

  • 02/10/2014 | Argentina

    Blue-chip swap, stock exchange dollar plunge; 'blue' down at 15.50

    After the resignation of Central Bank chief Juan Carlos Fábrega rocked the local market, the blue-chip swap dollar rate plunged 47 cents to close at 13.89 pesos today, losing 79 cents this week. The stock exchange rate, meanwhile, dropped 56 cents to 14.06 pesos, and the "blue dollar" traded at 15.50 pesos.

  • 02/10/2014 | Argentina

    Inmates break out of Corrientes prison using a spoon

    Four inmates of Correctional 1 in Corrientes City escaped through a tunnel they built using a kitchen spoon. Three of them were captured soon after the break out but one managed to flee.

  • 02/10/2014 | Argentina

    BA stock market sinks 7.1% after Fábrega quits

    A day after Juan Carlos Fábrega stepped down as Central Bank’s governor, investors expressed their pesimism as Buenos Aires City stock market plunged 7.1% to 10,703.32 points today.

  • 02/10/2014 | Argentina

    Government submits Vanoli's appointment bill to Congress

    The government last night submitted the designation of Alejandro Vanoli as new Central Bank governor to the Upper House to be discussed. 

  • 02/10/2014 | Argentina

    CNV sanctions Mariva Bank following CFK accusations

    The CNV securities regulator has suspended Mariva Bursátil S.A., one of the two financial institutions accused of “suspicious movements” by president Cristina Fernández de Kirchner on Tuesday that were inspected by the CNV and the Office of Economic Crime and Money-Laundering (PROCELAC) yesterday.

  • 02/10/2014 | Argentina

    Argentina stocks tumble in Wall Street

  • 02/10/2014 | Argentina

    ‘Our political project must reinvent itself', Cristina says

    President Cristina Fernández de Kirchner has admitted that her political project “must reinvent itself permanently.” as she unveiled a new housing program in Ezeiza, Buenos Aires province.

  • 02/10/2014 | Argentina

    New head of Argentine Central Bank Vanoli meets CFK, Kicillof

    In his first activity since his designation as the new chief of the Argentine Central Bank, Alejandro Vanoli met President Cristina Fernández de Kirchner and Economy Minister Axel Kicillof in Olivos.

  • 03/10/2014 | Argentina

    Kicillof's man appointed new CNV chief

    Cristian Girard was appointed today as the new head of the CNV (National Values Commission) in replacement of Alejandro Vanoli who was designated Central Bank governor.

  • 03/10/2014 | Argentina

    Capitanich assures Argentina will meet debt payments comfortably

    Amid a legal battle with vulture funds and US judge Griesa's rulings blocking Argentina's payments to creditors, Cabinet Chief Jorge Capitanich today assured next debt payment deadlines will be met while predicting a drop in the level of indebtment until 2023.

  • 03/10/2014 | Argentina

    'Blue' dollar plunges 20 cents to 15.30 pesos; blue-chip swap rate jumps

    In a week marked by sharp falls of the parallel dollar rates, amid fears of further controls in the city, the so called blue dollar which trades in the informal market ended 20 cents lower to 15.30 pesos. The blue-chip swap rate climbed one unit and 10 cents, closing at 15 pesos after opening 11 cents down.

  • 03/10/2014 | Argentina

    Gov't reacts to SC chief Lorenzetti's remarks

    The government today reacted to yesterday's remarks made by the president of the Supreme Court Ricardo Lorenzetti, in a speech delivered during a conference of judges in the coastal city of Mar del Plata.

  • 04/10/2014 | Argentina

    Buenos Aires Justicialist Party gathers and sends message of ‘unity’

    Among three pre-presidential candidates and mayors from different districts, the Buenos Aires Justicialist Party sent a message of unity during a meeting in Tandil.

  • 06/10/2014 | Argentina

    'BCRA seeks to stimulate savings in pesos, credit capacity'

    Ahead of a meeting between recently-appointed Central Bank (BCRA) head Alejandro Vanoli with Argentine bankers, cabinet chief Jorge Capitanich refused to disclose the topics to be discussed but he pointed out that the BCRA seeks to “stimulate savings in pesos” and to encourage an “increase in credit capacity.”

  • 06/10/2014 | Argentina

    Two new key officials appointed at BCRA

    Following Juan Carlos Fábrega replacement as Central Bank (BCRA) governor by Alejandro Vanoli last week, the government has made more changes, naming two men close to Economy Minister Axel Kicillof as Central Bank’s superintendent and deputy superintendent.

  • 06/10/2014 | Argentina

    Parallel dollar rates fall sharply on control fears

    The blue-chip swap rate continued last week's decline and plunged 83 cents to 14.17 pesos. Meanwhle, the "blue" dollar traded 35 cents lower at 14.95 pesos today after losing another 20 cents on Friday, amid growing pressure on the foreign currency and tighter controls in the parallel market.

     

  • 06/10/2014 | Argentina

    US Judge Griesa orders Argentina to reinstate BoNY

    US Judge Thomas Griesa has ordered Argentina to reinstate the Bank of New York Mellon (BoNY) as trustee and “reverse the steps taken” with the approval of the Sovereign Payment law that replaced it with Nación Fideicomisos.

  • 06/10/2014 | Argentina

    Ex Minister Cavallo acquitted in ‘Mega-swap’ trial

    Former Economy minister Domingo Cavallo was acquitted in the trial for the 2001 “mega-swap” deal. The Federal Oral Court found him not guilty of carrying out “negotiations incompatible with public office” and the verdict will be announced on October, 17.

  • 06/10/2014 | Argentina

    Castro slams 'vulture funds' in UK trade unionist conference

    Alicia Castro, the Argentine ambassador in the United Kingdom, has fiercely criticised the conduct of holdout investors during an address to British umbrella trade union UNITE.

  • 07/10/2014 | Argentina

    ‘Problems not structural, caused by transition'

    Cabinet chief Jorge Capitanich criticised economists who question the government’s economic policies. He acknowledged that Argentina is facing “problems caused by a transition stage” but stressed that there are no structural problems threatening the country's economy.

  • 07/10/2014 | Argentina

    'Blue' dollar ends 25 cents down at 14.70 pesos

    The informal rate sank 25 cents to 14.70 pesos today after falling 35 cents yesterday on fears of further controls by the government. The official US dollar also lost value, trading two cents down at 8.47 pesos in banks and foreign exchange offices.

  • 07/10/2014 | Argentina

    CFK enacts new Civil and Commercial Code, explains foreign currency contract rules

    After receiving Congressional approval last week, the new Civil and Commercial Code was enacted by president Cristina Fernández de Kirchner in a ceremony at the Museum of the Bicentennial.

  • 07/10/2014 | Argentina

    VP Boudou a step away from trial

    Federal Prosecutor Guillermo Marijuán has formally requested Judge Claudio Bonadío that Vicepresident Amado Boudou is brought to trial for allegedly faking the papers of a car bought in 1992. The judge has put an end to the preliminary investigation stage.

  • 07/10/2014 | Argentina

    De La Rúa: 'My administration would have kept us safe from vulture funds'

    Former president Fernando De La Rúa defended the 2001 “mega-swap” bond exchange saying his economic policies would have kept the country safe from vulture funds.

  • 07/10/2014 | Argentina

    INDEC: Tourist numbers up 20.9% in September

    A total of 444,200 foreign tourists entered Argentina during the month of August, INDEC figures revealed, showing a growth of 20.9 percent in visits to the country compared to the same period in 2013.

  • 08/10/2014 | Argentina

    Gov't rejects IMF forecasts

    Cabinet chief Jorge Capitanich bluntly rejected the 1.7% drop in Argentina’s economy this year anticipated by the International Monetary Fund. “We completely disagree with these forecasts,” he stated and pointed out that the government estimates a 0.5% growth.

  • 08/10/2014 | Argentina

    Informal rate drops to 14.65 pesos; US dollar up at 8.48 pesos

    The informal rate was five cents lower at 14.65 pesos today, trading at its lowest level in three weeks. Meanwhile, the US dollar rose a cent to 8.48 pesos today in Buenos Aires city banks and foreign exchange offices.

  • 08/10/2014 | Argentina

    Lower House debates 2015 Budget bill

    The Lower House of Congress began to discuss the 2015 Budget bill today. Ruling Victory Front party (FPV) has the numbers to give the project the green light. Despite opposition parties’ rejection, the bill is expected to receive approval and move to the Senate.

  • 08/10/2014 | Argentina

    Senate to vote Hydrocarbons law

    The Senate debated the bill to reform the Hydrocarbons law today, which is expected to be approved around midnight despite opposition blocs’ rejection.

  • 08/10/2014 | Argentina

    Alleged terrorist arrested for threatening Jewish Community Center

    A 57-year-old man was detained today in an internet café in Buenos Aires City accused of issuing a bomb threat against local Sociedad Hebraica Argentina (SHA) Jewish Community Center.

  • 08/10/2014 | Argentina

    YPF signs u$s 1 billion deal with Russia's Gazprom

    State-owned petroleum company YPF has reached a u$s 1 billion deal with Russia’s Gazprom for gas exploration and production, Argentina’s Industry Minister Débora Giorgi announced.

  • 08/10/2014 | Argentina

    AFSCA approves forced Clarín Media Law reorganization

    The AFSCA's board of directors approved today its own model for the reorganization of Grupo Clarín in line with the Media Law, after rejecting the group’s proposal due to alleged irregularities. The vote was passed with five members in favour and two abstentions.

  • 08/10/2014 | Argentina

    Weather alert launched as heavy BA storms arrive

    The National Meteorological Service has warned against heavy storms which are expected to hit the City and Greater Buenos Aires, with heavy rains forecast starting on Wednesday night until Thursday.

  • 09/10/2014 | Argentina

    Senate approves Hydrocarbons law

    The Senate gave its approval to the bill to reform the Hydrocarbons law by 38 votes in favour, 28 against and two abstentions. The project has now moved to the Lower House, despite opposition blocs’ unanimous rejection.

  • 09/10/2014 | Argentina

    Lower House gives green light to 2015 Budget

    The Lower House of Congress has given next year’s Budget bill its first round of approvals today with 133 votes in favour and112 against. Ruling Victory Front party (FPV) had the numbers to give the project the green light in spite of opposition parties’ rejection.

  • 09/10/2014 | Argentina

    ‘Media conglomerates do not respect freedom of speech, extort governments’

    Cabinet Chief Jorge Capitanich backed AFSCA media watchdog plan to downsize Clarín group and accused the media outlet of having refused to comply with the Broadcast Media Law for the past four years. “When media ownership is concentrated in monopolies there is no freedom of speech, there is only a one-way message from power groups,” he stressed.

  • 09/10/2014 | Argentina

    Gov't seeks to boost grain exports

    Cabinet chief Jorge Capitanich said the government continues to negotiate with grain exporters in order to “ensure the predictability of (grain) sales” and said the goal is to achieve grain exports levels of at least u$s 5,700 millions, as in 2012.

  • 09/10/2014 | Argentina

    Blue-chip swap rate sinks 31 cents; 'blue' dollar up to 14.83 pesos

    The “blue” chip swap rate plunged another 31 cents to close at 13.46 pesos today, following a massive 50-cent drop yesterday. Meanwhile, the “blue” dollar was up by 18 cents to 14.83 pesos after falling five cents yesterday, reaching its lowest level in three weeks amid growing fear of tighter government controls in the illegal market.

  • 09/10/2014 | Argentina

    CFK, Putin announce RT to be included in TDA channel listing

    President Cristina Fernández de Kirchner has held a videoconference with her Russian counterpart Vladimir Putin, during a rally in Santa Cruz province to launch the new Federal Audience Meassuring System, and announced the inclusion of the Russian news network Russia Today (RT) in the Open Digital Television (TDA) channel listing.

  • 29/09/2014 | Argentina

    SMATA says Procreauto credits cut down suspensions by 70% in auto industry

    The Procreauto plan has cut down suspensions by 70% in auto industry and it “dispels the phantom of unenmployment,” the SMATA Mechanics union said in a statement today.

  • 29/09/2014 | Argentina

    Alicia Castro thanks British unions' support in vulture funds battle

    Argentine ambassador to the UK Alicia Castro spoke at the 17th The Communication Workers Union (CWU) Women's Conference in Leeds and thanked British unions for their support in Argentina’s battle against its holdout creditors, the so called vulture funds.

  • 29/09/2014 | Argentina

    Prosecutor asks for three-year prison sentence for Cavallo in 'mega-swap' trial

    Federal Prosecutor Fabiana León has asked the Federal Court for a three-year prison sentence for former Economy Minister Domingo Cavallo in the final stage of the trial for the 2001 “mega-swap” deal.

  • 29/09/2014 | Argentina

    Argentina claims Griesa contempt order 'violates international law'

    The Foreign Ministry has asserted that New York district judge Thomas Griesa's contempt ruling against Argentina is in clear breach of international law, adding that the decision had no practical ramifications against the nation and only served to aid the vulture fund campaign.

  • 29/09/2014 | Argentina

    Gov't to deposit Par coupon payment tomorrow, central bank source

    The national government will deposit its next interest payment due on its restructured debt tomorrow, a source at the central bank said, in defiance of a US court which blocked such payments until the country pays US hedge funds suing over unpaid bonds.

  • 29/09/2014 | Argentina

    US judge Thomas Griesa declares Argentina in contempt of court

    New York district judge Thomas Griesa has declared Argentina in contempt of court, due to the nation's actions in attempting to change debt jurisdictions as a result of the ongoing judicial conflict with holdout investors presided over by the US magistrate.

  • 30/09/2014 | Argentina

    Gov’t says Griesa contempt order 'baseless, has no impact’

    Cabinet chief Jorge Capitanich said that US judge Thomas Griesa’s decision to hold Argentina in contempt of court in the country’s longstanding legal battle against its holdout creditors is “baseless” and has “no impact” in the national economy.

  • 30/09/2014 | Argentina

    Capitanich slams opposition lawmakers for code reform injunctions

    Cabinet chief Jorge Capitanich described opposition lawmakers' decision to file injunctions against the Civil and Commercial Code bill to be discussed tomorrow in Congress as “regrettable” and “contrary to the foundations of the republican system.”

  • 30/09/2014 | Argentina

    VP Boudou in Court to have fingerprints taken

    Vicepresident Boudou arrived at Comodoro Py Federal Court where his fingerprints were taken in the case in which he is indicted for allegedly falsifying public documents of a Honda car purchased in the city of Mar del Plata in 1992.

  • 30/09/2014 | Argentina

    RR Donnelley employees demand judicial authorization to continue working

    Workers of bankrupted RR Donnelley printing company protested today in front of Commercial Court N° 18 in Buenos Aires City’s Recoleta neighbourhood to demand salary payment and to be allowed to continue working as a cooperative enterprise.

  • 30/09/2014 | Argentina

    'Blue' dollar jumps to 15.70 pesos; formal rate falls back to 8.44 pesos

    The informal rate climbed ten cents to close at 15.70 pesos today, following US Judge Thomas Griesa’s decision to hold Argentina in contempt of court for evading his rulings in the longstanding dispute with the country’s holdout creditors. In the meantime, the US dollar fell back five cents to 8.44 pesos.

  • 30/09/2014 | Argentina

    Government makes Par coupon payment deposit

    The government made a deposit today to comply with the Par coupon interest payment which was due today, in what can be read as a defying stance towards a US court that blocked such payments until the country compensated US hedge funds suing over unpaid bonds.

  • 11/10/2014 | Argentina

    Tomada admits rise in unemployment rate

    Labour Minister Carlos Tomada acknowledged the unemployment rate rose slightly this year, in comparison with the same period of 2013.

  • 11/10/2014 | Argentina

    Kicillof says international financial sector ‘under reform’ after vulture funds dispute

    Economy Minister Axel Kicillof assured today that “the international financial system is under reform as result of the Argentine position,” with the so called vulture funds.

  • 12/10/2014 | Argentina

    Argentinean wins BA City marathon for the first time in 10 years

    Argentinean Mariano Mastromarino finished first, beating this year's favourites Kenyan Lucy Karimi and Julius Karinga in a race where over 10,000 runners -including professional athletes from around the world but also amateurs and even some enthusiastic tourists- ran through the capital’s most famous landmarks.

  • 12/10/2014 | Argentina

    Supreme Court Justice Petracchi dies at 78

    Supreme Court Justice Enrique Santiago Petracchi has died at the age of 78. He was a member of the Court since 1983, when he was appointed by former president Raúl Alfonsín.

  • 12/10/2014 | Argentina

    ‘Argentina is not precluded from international credit, it has decided not to take it’

    Economy Minister Axel Kicillof has assured that the government is not seeking international financing despite current economic problems. “Argentina is not precluded from international credit, but it has decided not to take it,’ he stated.

  • 12/10/2014 | Argentina

    Lorenzetti: ‘It has been a very sad year’

    Supreme Court Chief Justice Ricardo Lorenzetti wrote a letter to honour deceased Justice Enrique Petracchi. He praised Petracchi's work in the Court and referred to the loss of Justice Carmen Argibay earlier this year.

  • 12/10/2014 | Argentina

    Changes in Supreme Court expected for 2015

    President Cristina Fernández de Kirchner will next year have to name a new member of the Supreme Court, which due to the passing of Enrique Petracchi and Raúl Zaffaroni's impending retirement will be reduced to just four justices.

  • 13/10/2014 | Argentina

    Legendary Peronist leader Antonio Cafiero dies at 92

    Antonio Cafiero, an Argentine legendary politician, passed away today at the age of 92. He had been hospitalized this week due to pneumonia.

  • 13/10/2014 | Argentina

    SC justice Fayt regrets Petracchi's death, rejects resignation rumours

    Supreme Court Justice Carlos Fayt today came on stage to regret Enrique Petracchi's death yesterday, and reaffirmed he would continue in his post ruling out resignation rumours.

  • 13/10/2014 | Argentina

    SC justice Zaffaroni confirms he will retire in December

    After the passing of Supreme Court justice Enrique Petracchi yesterday, justice Raúl Zaffaroni confirmed he will retire in December, one month before turning 75 years old, forcing president Cristina Fernández de Kirchner to name his replacement.

  • 14/10/2014 | Argentina

    Kunkel hits out at Supreme Court's Fayt

    Victory Front national lawmaker Carlos Kunkel slammed today 96 year-old Supreme Court Magistrate, Carlos Fayt, arguing the judge intends to put himself “over the constitution.”

  • 15/10/2014 | Argentina

    Gov't stands up for 'judicial independence,' Capitanich warns

    Amid growing debate over the composition of the Supreme Court following the passing of Enrique Petracchi and Justice Eugenio Zaffaroni’s retirement next December, cabinet chief Jorge Capitanich said that there is no controversy.

  • 15/10/2014 | Argentina

    Aníbal Fernández says opposition candidates' threats to abrogate laws are 'stupid'

    Ruling Victory Front’s senator Aníbal Fernández considered a “stupidity” the opposition candidates’ pledge to abrogate laws passed during the Kirchnerite administration if they win the 2015 elections.

  • 15/10/2014 | Argentina

    Police recaptures one of Luján police station fugitives

    One of the six fugitives who broke out from a police station in Luján on Monday was recaptured today in nearby district of General Rodríguez, while the police continued to swoop the area for the remaining escapees.

  • 15/10/2014 | Argentina

    ‘PRO party has proposals, not abrogations’

    PRO lawmaker Federico Pinedo said that his party has “proposals, not abrogations” when asked about recent remarks made by opposition lawmakers who pledged to abrogate laws passed during the Kirchnerite administration if they won the 2015 elections.

  • 15/10/2014 | Argentina

    ‘Blue’ dollar falls to 14.73 pesos; official rate climbs to 8.49 pesos

    The informal rate fell four cents to 14.73 pesos today, amid rumours of new government controls in the illegal market. Meanwhile, the US dollar climbed half a cent to 8.49 pesos in Buenos Aires City banks and foreign exchange offices.

  • 15/10/2014 | Argentina

    Explosives used in ATM robbery

    A group of at least four men used home-made explosives to rob an ATM cash dispenser in a bank in Mataderos neighbourhood in Buenos Aires City. A 25-year old suspect was arrested six blocks away from the bank.

  • 15/10/2014 | Argentina

    NY Post: Singer fires Albright as Argentina negotiator

    Paul Singer, the billionaire director of hedge fund NML Capital currently involved in a legal dispute with Argentina in New York, has reportedly ended his association with a consultancy linked to former US Secretary of State Madeleine Albright that aimed to reach an agreement in the sovereign debt conflict.

  • 15/10/2014 | Argentina

    CFK announces rise in 'Argentina Works' benefit

    President Cristina Fernández de Kirchner has unveiled a 30 percent increase in income for recipients of the Argentina Works welfare program starting from November 1, in a political rally celebrated in Tecnópolis conference centre, Buenos Aires Province.

  • 15/10/2014 | Argentina

    Navy confirms Argentine sailboat remains found

    The Ministry of Defence has confirmed that an empty raft found in seas off the Brazilian coast belongs to the Tunante II sailing vessel, which has been missing for 49 days along with a crew of four Argentine nationals.

  • 16/10/2014 | Argentina

    Gov’t denies triggering of debt acceleration clause

    Amid rumours that bondholders might request a debt acceleration for immediate repayment before 2015, Cabinet chief Jorge Capitanich said the government had not received any formal notice for the triggering of acceleration clauses and urged bondholders to take legal actions against US judge Thomas Griesa.

  • 16/10/2014 | Argentina

    Capitanich defends official inflation data against ‘false’ opposition price index

    Cabinet chief Jorge Capitanich defended the 1.4 percent increase in month-on-month price index figure for September announced yesterday by the national statistics bureau INDEC and slammed the the so-called “Congress Price Index” released by opposition lawmakers as “false” and “ridiculous”.

  • 16/10/2014 | Argentina

    Federal Gov’t admits provinces requested authorization for taking credit

    Cabinet chief Jorge Capitanich confirmed that some provincial governments have requested federal authorization to take credits in order to face the expenditures of the last trimestre but he said that it is in no way an “extraordinary” measure.

  • 16/10/2014 | Argentina

    Blue-chip swap rate jumps to 13.79 pesos; informal rate sinks to 14.65 pesos

    The blue-chip swap rate climbed 54 cents to 13.79 pesos today while the "blue" dollar fell eight cents to 14.65 pesos in a quiet market, amid growing fear of tighter government controls. Meanwhile, the US dollar traded steady at 8.49 pesos.

  • 16/10/2014 | Argentina

    Argentina launches first satellite

    After a 45 minutes delay due to unfavourable weather conditions the ARSAT-1 geostationary satellite successfully launched this afternoon from a base in French Guiana, making it the first such craft fabricated entirely in Argentina.

  • 09/10/2014 | Argentina

    UIA study claims industrial output fall of 4.9% in August

    The Argentine Industrial Union (UIA) has registered a fall of 4.9 percent in industrial activity in August, in comparison with the same period of 2013; this represents its sixth straight fall and a 2,9 percent decline for the first eight months of 2014.

  • 10/10/2014 | Argentina

    Gov't blasts Rural Society leaders for having 'double standards'

    The national government today criticized the Argentine Rural Society (SRA) leaders for not attending the G6 business group meeting called this week and accused them of having "double standards."

  • 10/10/2014 | Argentina

    Ebola: Gov't declares 'epidemiological alert'

    The government today declared the "epidemiological alert" due to the ebola spread, which means authorities will strengthen control measures in air and land frontiers, as well as increase human and hospital resources to be preapred for the global threat.

  • 10/10/2014 | Argentina

    Dollar: Blue-chip swap rate falls, 'blue' rises to 14.95 pesos

    Parallel dollar rates closed the week with the blue-chip swap rate 17 cents lower at 13.29 pesos, and the stocks exchange rate down 10 cents to 13.18 pesos.

  • 10/10/2014 | Argentina

    Kicillof reaffirms gov't will to reach deal with vulture funds

    Economy Minister Axel Kicillof today assured Argentina will keep on looking for a solution to the vulture fund dispute and will encourage dialogue to reach a deal.

  • 27/09/2014 | Argentina

    ‘There will be no future for us if we continue fighting with everyone’, Macri says

    Buenos Aires City Mayor, Mauricio Macri questioned President Cristina Fernández de Kirchner’s foreign policy today, and warned that “we can’t continue fighting with everyone.”

  • 14/10/2014 | Argentina

    Gov't denies plans for new S. Court justice

    Cabinet chief Jorge Capitanich denied government plans to endorse candidates for the Supreme Court after the passing of justice Enrique Petracchi and as justice Raúl Zaffaroni confirmed his retirement for December.

  • 17/10/2014 | Argentina

    Blue-chip swap dollar lower at 13.70 pesos, informal rate up at 14.70

    The blue-chip swap fell nine cents to close at 13.70 pesos, keeping track with the stock exchange dollar, which jumped 28 cents to 13.55 pesos. Meanwhile, greenbacks in the informal market went up five cents to trade at 14.70 pesos, with traders fearing new controls.

  • 17/10/2014 | Argentina

    Luciano Arruga found dead after 5 years missing

    The body of 16-year-old Luciano Arruga has been found dead after five years missing, head of CELS human rights organization Horacio Verbitsky announced in a press conference this afternoon.

  • 19/10/2014 | Argentina

    Vanoli denies devaluation plans, aims at ‘concentrated powers’

    Newly-appointed Central Bank governor Alejandro Vanoli denounced a “devaluation attempt” by concentrated powers and rejected any official plans to downward the value of the country’s currency. He pledged to discourage speculation and to “put and end to abuses from financial institutions.”

  • 19/10/2014 | Argentina

    Police continue search for missing businessman

    Search efforts continued for missing businessman Damián Stefanini in San Fernando, in Buenos Aires province. The 45-year-old man went missing on Friday morning, while his car was found empty and undamaged in the locality of Florida.

  • 19/10/2014 | Argentina

    ‘I don’t think Francis wants to meddle with presidential succession’

    Argentina's ambassador to the Vatican Eduardo Valdés said that even though Pope Francis “has a better relationship with certain (presidential) candidates,” he does not think the pontiff “wants to meddle with” Argentina’s presidential succession.

  • 19/10/2014 | Argentina

    Mother's Day sales drop by 3.5%

    As Argentineans celebrate Mother’s Day today, the country’s Mid-Sized Business Association (CAME) said that retail sales have dropped a 3.5 percent this year.

  • 20/10/2014 | Argentina

    Capitanich aims at AGN: ‘We need to diminish the value of its reports’

    Cabinet chief Jorge Capitanich blasted the National Audit Office (AGN) in response for a report that denounced the under-utilisation of the national budget for road work this year. He said the AGN is politically-oriented and aligned with opposition parties. “We need to diminish the value of this reports,” the official stated.

  • 20/10/2014 | Argentina

    ‘Int’l crisis has affected the performance of the economy’

    The cabinet chief said that the international economic crisis “has resulted in an economic slowdown” and praised the government’s efforts to maintain employment levels in an adverse context.

  • 20/10/2014 | Argentina

    Police swoop Vicente López in search for missing businessman

    Buenos Aires police officers were swooping railways in Vicente López today, looking for leads on the disappearance of businessman Damián Stefanini, who went missing last Friday.

  • 20/10/2014 | Argentina

    La Boca motorcycle thief arrested for 'resisting the authorities'

    Gastón Aguirre, who found fame online and on local TV last month after he attempted to rob at gunpoint a Canadian tourist in La Boca while being filmed, has finally been arrested but not for anything related to robbery, he was accused of “resisting the authorities.”

  • 20/10/2014 | Argentina

    Blue-chip swap dollar soars 37 cents to 14.07 pesos; official rate climbs to 8.50 pesos

    The US dollar closed one cent up at 8.50 pesos today in Buenos Aires City banks and exchange offices. The blue-chip swap rate climbed 37 cents to 14.07 pesos.

  • 20/10/2014 | Argentina

    Bank workers launch 24-hour strike for Wednesday

    Private and public banks will be paralysed on Wednesday due to a nation-wide strike called by the union which represents employees in the sector with renewed demands to update the income tax floor.

  • 20/10/2014 | Argentina

    Gov't rejects claims that Procedural Code reform seeks to void corruption probes

    Justice Secretary Julián Álvarez defended the government’s plan to reform the Criminal Procedural Code and he rejected as “terrible and farcical” claims of it being part of a strategy to void corruptions probes.

  • 27/10/2014 | Argentina

    CFK, Dilma to hold bilateral summit in November

    The re-elected President of Brazil Dilma Rousseff has called President Cristina Fernández to thank her Argentine counterpart for her message of congratulations as well as organising a bilateral meeting in Australia during the G20 summit.

  • 28/10/2014 | Argentina

    Capitanich defends restriction on dollars purchase

    After three years since the first implementation of the restriction for dollar purchases, cabinet chief Jorge Capitanich defended the policy and aimed at “financial speculators” who seek to “break the political will of governments who defend the people’s interests.”

  • 28/10/2014 | Argentina

    US judge Griesa rejects creditors' bid for Argentine funds held by BNY Mellon

    A US judge refused today to require Bank of New York Mellon Corp to turn over to holders of defaulted Argentine bonds any of the $539 million the country deposited to pay creditors who participated in its past restructurings.

  • 28/10/2014 | Argentina

    Gov't says works progress to guarantee power supply

    Cabinet chief Jorge Capitanich commented on the meeting the government held with Edesur and Edenor power companies and said that investments are being made to prevent power outages in the summer.

  • 28/10/2014 | Argentina

    Blue chip-swap, stock exchange rates sink; 'blue' dollar drops to 14.62

    The blue-chip swap rate plunged 24 cents to 12.93 pesos, while the stock exchange rate fell 38 cents to 13.38 pesos. The so called "blue" dollar also lost ground, dropping six cents to 14.62 pesos following yesterday's three-cent climb.

  • 28/10/2014 | Argentina

    Argentina urges Britain to shut down Malvinas garrison

    Argentina has urged Britain to follow its withdrawal from Afghanistan Helmand military base and to leave Malvinas islands. Secretary for the Malvinas Daniel Filmus called the British government to shut down “its biggest military base in the South Atlantic.”

  • 29/10/2014 | Argentina

    ‘Gov’t must act to defend interest of citizens’

    Cabinet chief Jorge Capitanich defended once again the reform of the Criminal Procedural Code and rejected criticism of it being xenophobic. “We welcome immigrants who come to help build the country but not those who seek to commit crimes,” he said.

  • 29/10/2014 | Argentina

    Gov’t condemns ruling on La Nación tax injunction as ‘affront to all Argentineans’

    Following the Supreme Court’s decision to extend tax benefits granted to La Nación newspaper and other smaller media groups by an injunction in 2003, cabinet chief Jorge Capitanich said that it “shows the Court’s partiality” and that it violates the principle of equality before the law.

  • 29/10/2014 | Argentina

    Storms cause chaos in BA

    The storms that hit the BA City and Province have caused havoc in several districts. View photo gallery.

  • 29/10/2014 | Argentina

    Kicillof, De Vido make announcements

    Economy Minister Axel Kicillof, Planning Minister Julio De Vido and the Communications Secretary Norberto Berner, are scheduled to address reporters at 11 am, the Economy Ministry informed this morning.

  • 29/10/2014 | Argentina

    Informal rate falls to 14.53 pesos, blue-chip dollar jumps 11 cents

    The so called “blue” dollar plunged nine cents to close at 14.53 pesos, its lowest value since September 15, while the blue-chip exchange rate jumped back above the 13 peso level to trade at 13.04 pesos.

  • 29/10/2014 | Argentina

    Vanoli ‘not worried about reserves level’

    The chairman of the Central Bank Alejandro Vanoli said he is “not worried about the reserves level” and even anticipated that they will increase before 2015.

  • 29/10/2014 | Argentina

    ‘To focus on the nationality of criminals is a mistake’

    The head of the National Migration office Martín Arias Duval and the deputy secretary of the Criminal Policies office have condemned the comments made by Security Secretary Sergio Berni, describing foreign criminals as “a virus that has infected” the country.

  • 29/10/2014 | Argentina

    Luján on red alert for floodings

    The heavy rainfall has caused severe floodings in Luján, in Buenos Aires province. National authorities have decided to close the National Route 5 and to issue a “red alert” for the swelling of the Luján River.

  • 29/10/2014 | Argentina

    Gov’t submits digital communications bill to Congress

    Federal Planning Minister Julio De Vido announced that the Executive will send to Congress today a bill for “the development and regulation of information technologies and communications.”

  • 29/10/2014 | Argentina

    Citizens over 75 years old allowed to keep old DNI

    Interior and Transport Minister Florencio Randazzo explained today that citizens who are 75 or older are exempted from the obligation to request a new DNI identity card to replace the old one, which for the rest of the population are only valid until next December.

  • 30/10/2014 | Argentina

    'Instead of demanding acceleration, bondholders should take legal action against Griesa'

    Cabinet chief Jorge Capitanich called bondholders to “take legal action against (US Judge Thomas) Griesa instead of demanding the acceleration of (Argentine) bonds,” following rumours that Owl Creek Asset Management LP is discussing the formation of a group to demand immediate repayment on bonds.

  • 30/10/2014 | Argentina

    Telecoms reform 'not designed with Clarín group in mind'

    Cabinet chief Jorge Capitanich defended the “Digital Argentina” bill unveiled by the Executive to reform the telecommunications sector and rejected claims of it being a new stage in the battle against the Clarín media outlet. He stressed that it is designed “for the well-being of the Argentine people.”

  • 30/10/2014 | Argentina

    Luján continues on alert for floodings

    Despite the end of yesterday’s heavy rainfalls, Luján in Buenos Aires province remains on "red alert" due to the 5.08-meters swelling of the Luján River, which has caused new floodings, forcing over 200 people to leave their homes.

  • 30/10/2014 | Argentina

    Itzcovich to replace Edwin as INDEC head

    The government has appointed a new head of the National Statistics and Census Institute (INDEC) today, naming Norberto Itzcovich to replace Ana María Edwin who is now director of the National Public Administration Institute (INAP).

  • 30/10/2014 | Argentina

    'Blue' dollar sinks to 14.33 pesos on control fears

    The so called "blue" dollar continued its downward path, plummeting 20 cents to close at 14.33 pesos, amid renewed fears of government controls in underground exchange houses.

  • 30/10/2014 | Argentina

    Sabbatella says telecoms reform will ‘not change a single comma’ of Media Law

    The president of the AFSCA media watchdog Martín Sabbatella has rejected claims that the bill drafted by the Executive to reform the country’s telecommunications implies substantial changes to the Media Law as it opens the possibility for providers to sell “triple play” packs.

  • 30/10/2014 | Argentina

    Argentina, China activate swap deal for u$s 814 mln

    The Argentine Central Bank (BCRA) and the Peoples Republic of China’s Central Bank have agreed to activate the swap deal signed in July. The BCRA will receive the equivalent of u$s 814 million in yuans.

  • 31/10/2014 | Argentina

    'Blue' dollar falls 5 cents to 14.28 pesos amid control fears

    The so called “blue” dollar fell five cents to close at 14.28 pesos with informal market traders halting operations amid fears of new government controls and raids. On Thursday, the parallel rate had already dropped 20 cents.

  • 31/10/2014 | Argentina

    Fitch downgrades Argentina's Par bonds ratings to 'D'

    Fitch ratings agency today downgraded Argentina's Par bonds issued under Foreign Law to 'D' from 'C', after the country failed to complete an interest payment.

  • 31/10/2014 | Argentina

    In a letter, CFK urges Obama to explain whether US official Nancy Soderberg is also Co-Chair of AFTA vulture lobbying group

    In a harsh letter addressed to her US counterpart, President Cristina Fernández de Kirchner today said if this information was confirmed "it would have grave implications for relations between our two countries."

  • 02/11/2014 | Argentina

    SMN issues warning as strong winds lash BA

    The National Meteorological Service (SMN) has issued a warning for strong winds from the East for Buenos Aires City, La Plata, the Paraná Delta, Santa Fe, Entre Ríos and Buenos Aires provinces.

  • 02/11/2014 | Argentina

    Wife of DAIA's head 'no longer in danger' after violent robbery

    The president of the DAIA Jewish organization Julio Schlosser said today that his wife is “no longer in danger” and “in good spirits” after being shot in the groin during a violent robbery.

  • 02/11/2014 | Argentina

    Justice Elena Highton de Nolasco calls for a 'full' S. Court

    Deputy Chief Justice Elena Highton de Nolasco said that “ideally” the government should name a replacement for Justice Raúl Zaffaroni, who submitted his resignation letter on Friday, in order to have a “full” Court.

  • 02/11/2014 | Argentina

    Retail sales fall for 10th consecutive month

    Consumption still shows no sign of recovery, as retail sales fell 5.3% in October, compared to the same month last year for the 10th consecutive month, according a report by the Argentine Confederation of Medium-sized Companies (CAME).

  • 02/11/2014 | Argentina

    CFK wants to meet Ultra-Kirchnerite Casey Wander

    In a message published on its website, president Cristina Fernández de Kirchner defended political militancy, in particular among youngsters, and referred to Casey Wander, an 11-year-old boy who hit the headlines last week after praising the Kirchnerite administration and saying that he wants to be president in 2050.

  • 02/11/2014 | Argentina

    AFIP suspends P&G for fiscal fraud, capital flight

    The AFIP tax bureau has suspended multinational Procter & Gamble in Argentina for fiscal fraud and capital flight in import operations from Brazil for u$s 138 millions that were being billed through a Swiss subsidiary.

  • 03/11/2014 | Argentina

    Rainfalls expected to continue today as floods, evacuations continue

    The National Weather Service (SMN) has lifted the alert for rainfalls and strong winds in Buenos Aires City and Great Buenos Aires, but warned that rainfalls will continue to affect the area today.

  • 03/11/2014 | Argentina

    No official US response to CFK’s letter

    Cabinet chief Jorge Capitanich said that the government has not received an official response from the US to the harsh letter president Kirchner sent to her counterpart Barack Obama demanding an explanation for the appointment of Nancy Soderberg as Chair of the US Public Interest Declassification Board.

  • 03/11/2014 | Argentina

    Gov't denounces ‘tacit agreement between S. Court members, opposition leaders’

    After opposition lawmakers said that they will not work a consensus with the government, Cabinet Chief Jorge Capitanich confirmed that the Executive will name a succesor for Supreme Court Justice Eugenio Zaffaroni, who has submitted his resignation which will be effective on December 31.

  • 03/11/2014 | Argentina

    Capitanich denies Sovereign Payment law abrogation

    Cabinet chief Jorge Capitanich “categorically” denied rumours about government’s plans to abrogate the Sovereign Payment law, passed last September to enable Argentina to resume debt payments to bondholders despite US Judge Thomas Griesa rulings.

  • 03/11/2014 | Argentina

    CFK continues in hospital with infection

    President Cristina Fernández de Kirchner has completed her first day in the Otamendi hospital after falling ill with a bacterial infection, according to a report released by the presidential Medical Unit.

  • 03/11/2014 | Argentina

    'Blue' dollar sinks 38 cents in control fears, falls past 14 peso barrier

    The informal rate of the US currency plummeted 38 cents to 13.90 pesos today, amid growing fear of tighter government controls on underground exchange houses. Meanwhile, the US Dollar advanced half a cent to close at 8.52 pesos in Buenos Aires City banks and foreign exchange offices.

  • 03/11/2014 | Argentina

    P&G: ‘We are working with the authorities for immediate solutions’

    Cincinnati-based Procter & Gamble household product manufacturer said it is currently working for “immediate solutions” to the suspension of its operations in Argentina decided yesterday by AFIP tax bureau, on accusations of tax fraud.

  • 03/11/2014 | Argentina

    Kicillof opens door to vulture funds dialogue after RUFO clause expires

    Economy Minister Axel Kicillof seems to have confirmed that the government is planning to wait until the expiration of the RUFO (Rights-Upon-Future-Offers) clause on December 31st in order to resume negoatiations with holdout bondholders, although a Ministry statement later on insisted that there had been no change in their stance against the 'vulture funds'.

  • 03/11/2014 | Argentina

    Prosecutor asks Court to ratify unconstitutionality of AMIA Memorandum

    Public prosecutor Raúl Plee asked the Court to for its firm decision to back the ruling by First Court of the Federal Chamber that declared the memorandum unconstitutionality last May and to reject the government’s appeal to that ruling.

  • 03/11/2014 | Argentina

    Soros, Bass funds ask London judge to protect investments in Argentine bonds

    A group of funds including George Soros’s Quantum Partners LP and Kyle Bass’s Hayman Capital Management LP asked a London judge to protect a 1.3 billion-euro ($1.6 billion) investment in Argentinian bonds from New York lawsuits, international news agencies reported today.

  • 23/10/2014 | Argentina

    Arsat-1 satellite concludes orbit manoeuvres

    The Arsat-1 geostationary satellite finished the third and last manoeuvre in order to remain in orbit permanently, 36,000 km away from earth.

  • 24/10/2014 | Argentina

    'Blue' dollar falls five cents to 14.65 pesos on inspection fears

    Amid concerns about new inspections, the so called “blue” dollar was down five cents and closed at 14.65 pesos. Reversing early trends, the blue-chip swap rate was up 12 cents at 13.19 pesos while the stock exchange rate climbed 25 cents to 13.60 pesos.

  • 24/10/2014 | Argentina

    Kicillof calls IDEA forum ‘a 90’s nostalgic meeting’

    Economy Minister Axel Kicillof reacted today against the criticism displayed by local businessmen, during the IDEA panel celebrated in Mar del Plata, Buenos Aires province.

  • 24/10/2014 | Argentina

    Another hedge fund sues Argentina for u$s835 mln

    EM Limited, a hedge fund owned by billionaire Kenneth Dart, has presented a lawsuit against Argentina before New York district judge Thomas Griesa, for u$s835 million in defaulted bonds.

  • 24/10/2014 | Argentina

    US judge Griesa delays court hearing over Citi

    A US judge has delayed by a week a December hearing to consider whether Citigroup Inc should be allowed to process an interest payment by Argentina on bonds issued under its local laws following its 2002 default.

  • 25/10/2014 | Argentina

    Macri assures he will confront a Kirchnerite candidate in second round of 2015

    Buenos Aires City Mayor, Mauricio Macri assured today he will confront a Kirchnerite candidate in a hypothetical second round scenario during the upcoming presidential elections of 2015.

  • 25/10/2014 | Argentina

    Berni says criminals come to Argentina due to ‘judicial laxity’

    National Security Secretary Sergio Berni has said foreigners enter Argentina to commit crimes due to the “judicial laxity” present in the country, while praising the government-sponsored Criminal Code reform and questioning opposition representatives for “not making any concrete proposal to fight crime”.

  • 26/10/2014 | Argentina

    Giorgi meets with Mexican businessmen, talks investments

    Industry Minister Débora Giorgi met with Mexican businessmen who expressed their intention to invest in Argentina’s hydrocarbon sector.

  • 26/10/2014 | Argentina

    ‘Devaluation is not the solution’

    The head of Argentine Industrial Union (UIA) Héctor Méndez said that he is in no way asking for a devaluation of the peso as a solution for the country’s industry and aimed at Economy Minister Axel Kicillof for lower sales levels.

  • 26/10/2014 | Argentina

    Heatwave to continue until Tuesday across Greater Buenos Aires

    Today highs of 31° Celsius were registered, while tomorrow temperatures in Greater Buenos Aires could reach a sweltering 32°C over the course of the day. The heatwave is expected to last until the early hours of Tuesday, when rains should provide some relief.

  • 26/10/2014 | Argentina

    Cristina salutes Dilma victory via Twitter

    President Cristina Fernández de Kirchner today paid tribute to her Brazilian counterpart Dilma Rousseff, as the Workers Party candidate saw off the challenge of Aecio Neves to secure a second term at the head of Argentina's neighbouring nation.

  • 27/10/2014 | Argentina

    Scorching City breaks October heat record; storm alert issued

    Temperatures in the City of Buenos Aires today reached 35.2° Celsius, breaking an historical record for the month of October as a heat wave descended on most of Argentina in the last few days. Heavy storms are expected to follow in the capital, however, according to the local weather service.

  • 27/10/2014 | Argentina

    Capitanich warns against ‘ancient ideas that have conditioned development, growth’

    Cabinet chief Jorge Capitanich slammed business leaders for seeking a “return to neoliberal Argentina” that would entail the “conditioning of the country’s autonomy and development.” He spoke against those who “root for the return of serial indebtedness.”

  • 27/10/2014 | Argentina

    Gov’t denies drop in consumption

    Cabinet Chief Jorge Capitanich rejected claims by economists of a 1.2% drop in consumption for the final months of the year –the first fall in the Kirchnerite era-. He stressed that there is even a slight improvement compared to the first trimestre of 2014.

  • 27/10/2014 | Argentina

    Kicillof appoints right-hand man as CNV vicepresident

    The government has appointed economist David René Jacoby as vicepresident of securities regulator CNV. He will be the second-in-command of CNV president Cristian Girard.

  • 27/10/2014 | Argentina

    Blue-chip swap rate falls to 13.17 pesos; ‘Blue’ dollar up to 14.68

    The blue-chip swap rate fell back two cents to 13.17 pesos, after gaining 12 cents on Friday. The informal rate of the US currency traded three cents higher at 14.68 pesos after falling five cents last Friday, amid concern for government controls.

  • 27/10/2014 | Argentina

    CFK marks anniversary of Néstor Kirchner’s death on Facebook

    President Cristina Fernández posted a photo on Facebook to commemorate the death of her husband, former president Néstor Kirchner, four years ago.

  • 27/10/2014 | Argentina

    Hostage taker gives himself up in Neuquén

    A 23-year-old police officer identified as Riquelme has finally given himself up after having taken taken 11 people hostage in a municipal building in Neuquén.

  • 22/10/2014 | Argentina

    Capitanich urges opposition to 'act coherently' in Criminal Procedural Code debate

    Following president Cristina Kirchner's announcement that a bill to reform the Criminal Procedural Code will be sent to Congress, Cabinet Chief Jorge Capitanich defended the project saying it ‘has achieved a high level of consensus among jurists and scholars.”

  • 22/10/2014 | Argentina

    Banks paralysed due to 24-hour strike

    Bank clerks went on strike demanding an increase in the income tax floor and threatened with a 48-hour strike next month if their demands continue to go unanswered. Cabinet chief Jorge Capitanich reiterated the government’s refusal of a tax floor raise.

  • 22/10/2014 | Argentina

    Capitanich denounces market attacks on gov't during Senate briefing

    Cabinet chief Jorge Capitanich hit out against market forces whom he accused of trying to attack the administration of president Cristina Fernández de Kirchner, as he appeared before the Senate for the latest briefing.

  • 22/10/2014 | Argentina

    'Blue' falls to 14.69 pesos, blue-chip swap plunges amid BCRA pressure

    The so called “blue” dollar fell back by one cent to 14.69 pesos, amid growing fear after the Central Bank carried out one of its most important raids against trading houses and credit unions.

  • 22/10/2014 | Argentina

    US court denies Argentina appeal over bond payment to BONY

    A US appeals court has dismissed an appeal by Argentina of an order directing Bank of New York Mellon Corp to hold onto $539 million the country deposited for its restructured bondholders.

  • 22/10/2014 | Argentina

    Lawmakers pass lower mandatory school-age bill

    The Lower House of Congress approved today a project of law that establishes the mandatory school age at four years old, and its integration into the national education system, sending the bill to the Senate.

  • 23/10/2014 | Argentina

    Capitanich fires back at IDEA business forum, defends sustainability of Kirchnerite model

    Cabinet chief Jorge Capitanich rejected statements made yesterday by economists gathered at the Institue for Argentina’s Entrepreneurial Development (IDEA) 50th annual conference in Mar del Plata that the current economic model is “finished”.

  • 23/10/2014 | Argentina

    AFIP tax bureau to control temporary rentals

    Starting March 2015, temporary appartment rentals in Argentina will have to be registered at the AFIP tax bureau, according to a decision published in the official bulletin.

  • 23/10/2014 | Argentina

    Blue-chip swap rate continues to sink, falls to 13.07 pesos; ‘blue’ dollar up at 14.70 pesos

    The blue-chip swap rate continued its downward path today, sinking 40 cents to 13.07 pesos. The stock market currency also fell while the so called “blue” dollar reversed earlier losses and climbed one cent to 14.70 pesos.

  • 23/10/2014 | Argentina

    Gov’t denies real estate crisis

    Cabinet chief Jorge Capitanich said that “there has been practically no change” in the number of real estate agencies in the past year, in response to remarks by the vicepresident of the Argentine Real Estate Chamber, Armando Pepe, who had said that 884 real estate firms had closed in Buenos Aires City.

  • 23/10/2014 | Argentina

    Álvarez on Code reform: 'No one will be deported for stealing cable'

    Justice Secretary Julián Álvarez explained that according to the proposed new Criminal Procedural Code foreigners who are found guilty of an ‘insignificant crime’ will not be expelled.

  • 23/10/2014 | Argentina

    ‘There is no reason to put up with foreigners who commit crimes’

    Ruling Victory Front’s Senator Aníbal Fernández rejected claims that the new Criminal Procedural Code reform is “xenophobic” and defended the initiative that seeks to deport foreigners who are found guilty of a crime once they have served their sentence.

  • 23/10/2014 | Argentina

    Argentine debt case: US judge Griesa schedules new hearing on December 2

    A US judge has scheduled a December 2 hearing to weigh arguments over whether Citigroup Inc should be allowed to process an expected interest payment by Argentina on bonds issued under its local laws following its 2002 default.

  • 23/10/2014 | Argentina

    INDEC reveals fall of 1.2% in August economic activity

    The National Statistics and Census Institute (INDEC) has revealed a drop in economic activity of 1.2 percent during August, compared to the same month last year.

  • 04/11/2014 | Argentina

    After Kicillof's debt comments, Capitanich says Argentina’s stance 'remains the same'

    After Economy Minister Axel Kicillof hinted a possible deal with holdout bondholders, Cabinet Chief Jorge Capitanich stressed that the government’s stance in the ongoing legal dispute with the so called vulture funds has not changed.

  • 04/11/2014 | Argentina

    Gov’t considers extending Congress sessions

    As the end of this year’s ordinary sessions of Congress approaches with important bills still pending, Cabinet Chief Jorge Capitanich did not rule out calling for an extension of the Congress’ ordinary sessions to debate the reform of the Criminal Procedural Code and the telecommunications bill.

  • 04/11/2014 | Argentina

    Capitanich calls to end political spat over floodings

    Cabinet chief Jorge Capitanich called to put an end to the political spat sarked between Renewal Front’s Sergio Massa and governor Daniel Scioli with mutual accusations of lack of infrastructure works that, if carried out, could have have mitigated the impact of the record-breaking rainfalls.

  • 04/11/2014 | Argentina

    ‘US Court is partially dependent on corporate powers’

    Cabinet chief Jorge Capitanich said the US Supreme Court is “partially dependent on corporate powers” after it ruled yesterday that Argentina is to compensate British Gas u$s 185 million for losses suffered as a result of emergency economic policies enacted during the 2001-2002 crisis.

  • 04/11/2014 | Argentina

    'Blue' dollar continues to plummet to 13.60 pesos, blue-chip swap rate sinks

    The so called “blue” dollar plummeted another 30 cents to close at 13.60 pesos, following yesterday’s 38-cents fall, amid growing fear of tighter government controls on underground exchange houses. In the meantime, the blue-chip swap rate fell 28 cents to 13.10 pesos.

  • 04/11/2014 | Argentina

    China's CSR Sifang railway company to establish in Argentina

    China’s rolling stock manufacturer CSR Sifang will establish a presence in Argentina in a workshop currently ran by State-owned Trenes Argentinos Operadora Ferroviaria, Interior and Transport minister Florencio Randazzo announced.

  • 04/11/2014 | Argentina

    Macri wants Justice Zaffaroni’s successor to be named in 2016

    The mayor of Buenos Aires City Mauricio Macri has joined the group of opposition leaders who have expressed their intentions to not work a consensus with the government over the replacement of Supreme Court judge Raúl Zaffaroni once his resignation becomes effective on December 31.

  • 04/11/2014 | Argentina

    US defends Soderberg appointment

    The US Department of State has backed the appointment of Nancy Soderberg as Chair of the Public Interest Declassification Board (PIDB), saying her “responsibilities” as public servant are “not linked” with Argentina’s dispute with the holdouts, local Telam news agency reported.

  • 04/11/2014 | Argentina

    Kicillof rejects rumours of vulture funds negotiations as ‘pure lies’

    Economy Minister Axel Kicillof condemned “media operations” regarding alleged government plans to resume talks with vulture funds based on his remarks from an interview with a Mexican newspaper yesterday.

  • 04/11/2014 | Argentina

    Argentina asks US appeals court to reverse Griesa's contempt ruling

    Argentina asked the federal appeals court in New York to reverse Judge Thomas Griesa's ruling which said Argentina was in civil contempt of his orders for working on a plan to shift control over payments of its restructured debt to Buenos Aires.

  • 04/11/2014 | Argentina

    Gov’t announces economic assistance for flood victims

    In a press conference for the Economy Ministry, Cabinet Chief Jorge Capitanich, Economy Minister Axel Kicillof and ANSES pension funds head, Diego Bossio unveiled a series of subsidies today aimed for people who were damaged by this weekend’s floods.

  • 05/11/2014 | Argentina

    Capitanich: Soderberg's appointment is ‘shameful’

    The cabinet chief said that the ATFA, a lobby representing holdout creditors, has “no dignity or moral authority to comment,” in response to the group’s criticism against President Kirchner’s letter warning about “grave implications” after the appointment of ATFA's Nancy Soderberg as Chair of the US Public Interest Declassification Board.

  • 05/11/2014 | Argentina

    'If telco bill needs to be improved, we are willing to do so'

    Capitanich reiterated the government’s willingness to amend the “Digital Argentina” telecommunications bill to include concerns expressed by opposition lawmakers regarding net neutrality and protection of small and medium sized enterprises.

  • 05/11/2014 | Argentina

    Gov’t announces 180 million pesos in aid to flood victims

    ANSES social security agency head Diego Bossio announced that the government will commit 180 million pesos for beneficiaries of social assistance schemes in the 23 districts affected by floodings in Buenos Aires province. The official said that the extra aid will reach 54,014 affected families.

  • 05/11/2014 | Argentina

    Informal rate falls to 13.50 pesos; blue-chip swap rate down

    The informal rate of the US currency dropped 10 cents to clse at 13.50 pesos, and has fallen 78 cents in just five days during November. Meanwhile, the blue-chip swap rate dropped 19 cents to 13 pesos.

  • 05/11/2014 | Argentina

    Capitanich denounces 'economic terrorism' in Lower House briefing

    Cabinet Chief Jorge Capitanich launched a fierce attack on groups practicing what he dubbed "economic terrorism", and asked the Lower House to set up a bicameral group investigating illegal financial activities during his monthly address to the chamber.

  • 05/11/2014 | Argentina

    Justice Fayt calls for a S. Court with 5 members

    Justice Carlos Fayt, the oldest Justice, said that the Supreme Court should “remain with five members” after Justice Raúl Zaffaroni’s resignation becomes effective on December 31, leaving the Court with only four members.

  • 05/11/2014 | Argentina

    RR Donnelley directors indicted

    The directors of the local branch of US printing giant RR Donelley have been indicted after being accused of carrying out a “fraudulent” bankruptcy operation by the AFIP tax bureau.

  • 05/11/2014 | Argentina

    Hedge fund seeks to keep Forcieri in the US

    NML Capital, owned by billionaire Paul Singer, has filed a request to a Washington federal court to keep Argentine lawyer César Guido Forcieri, former World Bank director and alleged associate of Vice President Amado Boudou, in the United States.

  • 06/11/2014 | Argentina

    Gov’t defends 'success' of Sovereign Payment Law

    Cabinet chief Jorge Capitanich defended the Sovereign Payment Law and stressed that whether bondholders join the new swap proposed by the government or not is no success rule.

  • 06/11/2014 | Argentina

    Capitanich fires back at Lorenzetti over public safety remarks

    Cabinet chief Jorge Capitanich defended the government’s policies regarding public safety in response to criticism by Supreme Court justice Ricardo Lorenzetti, who called for better State policies.

  • 06/11/2014 | Argentina

    Students from Rosario to travel to Malvinas in exchange programme

    A group of 20 students from Escuela Cristiana Evangélica Argentina (Ecea), an Evangelical high school in Rosario City, will travel to Malvinas islands for an sports exchange programme next January. It is the first trip of the sort to take place after the 1982 war.

  • 06/11/2014 | Argentina

    Slow back to normal after floods

    The situation is improving slowly in some of the districts affected by floodings in Buenos Aires province. Three days after the rainfalls stopped, there are still about 1,000 evacuees in Luján and Route 41 in San Antonio de Areco remains closed.

  • 06/11/2014 | Argentina

    Council of Magistrates approves impeachment of controversial Judge Áxel López

    The Council of Magistrates has approved a motion to impeach Judge Áxel López, who has been the target of angry claims by several civil associations for ruling in favour of releasing recidivist rapists and murderers.

  • 06/11/2014 | Argentina

    ‘Blue’ dollar steady at 13.50 pesos in a quiet market

    The informal rate of the US currency traded unchanged at 13.50 pesos in underground exchange houses, as legal exchange offices and banks remain closed today for Bankers Day holiday.

  • 06/11/2014 | Argentina

    Kicillof: ‘After all the trouble with dollars, here you have them’

    Accompanied by Cabinet Chief Jorge Capitanich and Transport Minister Florencio Randazzo, Economy Minister Axel Kicillof inaugurated new formations of the Mitre railway line, during an official act in the district of Victoria, Buenos Aires province.

  • 07/11/2014 | Argentina

    'Blue' dollar plunges 40 cents to 13.10 pesos

    In the end of the financial week, the so called “blue” dollar continued its downward trend and dropped 40 cents to close at 13.10 pesos. The gap between the informal and the official rates hit 53.8 percent.

  • 07/11/2014 | Argentina

    Argentina faces u$s4.7 billion claim in 'me too' debt suits

    Argentina told New York district judge Thomas Griesa that bondholders filed 25 lawsuits since June, when the judge ordered blocking the nation from paying its restructured debt without also paying holdouts.

  • 08/11/2014 | Argentina

    Cristina is 'evolving well', official report affirms

    President Cristina Fernández de Kirchner has completed her sixth day in the Otamendi hospital after falling ill with a bacterial infection, according to a report released by the presidential Medical Unit.

  • 09/11/2014 | Argentina

    Investigation points to overheating as cause of Córdoba explosion

    An official report by Córdoba province’s fire department points to the overheating of a machine as the cause of the explosion of the Rigoni chemical plant that injured 66 and resulted in serious damage to about 20 buildings in the provincial capital on Friday.

  • 09/11/2014 | Argentina

    Relatives of Tunante II missing crew make desperate plea

    The families of the crew of the Tunante II sailboat that went missing last August in Brazilian waters near Río Grande del Sur have launched a desperate plea to find their relatives.

  • 09/11/2014 | Argentina

    CFK discharged from hospital

    President Cristina Fernández de Kirchner has been discharged from Otamendi hospital where she had been admitted a week ago to be trated for sigmoiditis, an infection of the colon. She has been advised to rest at Olivos Presidential Palace for the next 10 days.

  • 10/11/2014 | Argentina

    Gov’t on Chevron-YPF deal: ‘There are no secret clauses’

    Cabinet chief Jorge Capitanich denied reports of secret clauses in the deal State-owned YPF energy firm has signed with Chevron for an investment of u$s 1,500 millions in Vaca Muerta shale oil and gas field. “Everything in the contract is standard for (contracts) with multinational companies,” Capitanich stated.

  • 10/11/2014 | Argentina

    ‘Blue’ dollar sinks 45 cents to 12.65 pesos, its lowest in over 3 months

    The informal rate of the US currency continued its downward path today, plummeting 45 cents to 12.65 pesos to mark its lowest valuation in the last three and a half months. The official dollar, meanwhile, closed unchanged at 8.52 pesos.

  • 10/11/2014 | Argentina

    Argentina’s Cyber Monday kicks off

    Electronics, airfares, clothing, books, toys and other goods and services will be available online at a special price and with interest-free credit card installments on November 10-11 for the third local edition of Cyber Monday, the US-born marketing concept that seems to be making its way into the habits of Argentine consumers.

  • 10/11/2014 | Argentina

    BCRA subpoenas firms, individuals under Criminal Foreign Exchange Regime

    The Central Bank has subpoenaed a dozen firms in a probe for alleged violations of the Criminal Foreign Exchange Regime, the official bulletin reported.

  • 10/11/2014 | Argentina

    Michetti says she prefers BA City mayorship over presidential ticket

    PRO’s senator Gabriela Michetti said she would rather run for Buenos Aires City mayoral election than as Mauricio Macri’s vicepresident in 2015 presidential elections. She said the final decision will be anounced “before the end of the year.”

  • 10/11/2014 | Argentina

    CNV suspends Arpenta, JR Bursátil stockbrokers

    The CNV securities regulator has suspended Arpenta and JR Bursátil stockbrokers due to “serious breaches” of regulations. The CNV warned of more inspections to come in the next days.

  • 10/11/2014 | Argentina

    Mercosur Parliament rejects British control of Malvinas Islands

    The Parliament of Mercosur (Parlasur) has reaffirmed its opposition to the United Kingdom's control of the disputed Malvinas Islands, in an extraordinary session of the body which described the issue as a colonial conflict of "global" importance.

  • 10/11/2014 | Argentina

    Judge Griesa authorises Citibank to make bond payments

    New York District judge Thomas Griesa has authorised Citibank to complete the transfer of 85 million dollars to holders of restructured Argentine bonds under local law, meeting debt services that expire on December 31.

  • 11/11/2014 | Argentina

    Capitanich: 'If this is the US Judiciary, we are faced with a problem of immeasurable proportions'

    Cabinet Chief Jorge Capitanich considered the decision of US judge Thomas Griesa to allow Citibank to process an u$s 85 million payment by Argentina on restructured bonds under local laws as “not serious” and condemned the judge’s “partial decisions that respond to pressure from vulture funds.”

  • 11/11/2014 | Argentina

    Gov’t insists on dismissal of reopening of wage talks, income tax reform

    Cabinet chief Jorge Capitanich rejected once again the reopening of national salary negotiations or any reform in income tax floor, demanded by several unions across the country. However, the official did not rule out deals between unionist and business owners.

  • 11/11/2014 | Argentina

    ANSES says no plans for year-end bonus for retirees, pensioners

    Following the decision of at least seven provincial governments to give their workers extra year-end bonuses to their workers, ANSES social security agency executive director Diego Bossio said that there are no similar measures planned for national pensioners and retirees.

  • 11/11/2014 | Argentina

    ‘Blue’ dollar jumps to 13.15 pesos amid AFIP crackdown

    The so called “blue” dollar regained ground today, trading 50 cents higher and closing at 13.15 pesos, after yesterday’s 45-cent plunge, pushed by growing fear of government inspections and sanctions in the parallel market. The hike took place amid a crackdown by AFIP tax bureau against 71 banks, foreign exchange offices and stockbrokers.

  • 11/11/2014 | Argentina

    Justice Zaffaroni urges opposition lawmakers to vote on his replacement

    The retiring Supreme Court Justice Eugenio Zaffaroni criticised opposition lawmakers who have refused beforehand to work a consensus with the government over the appointment of a new justice. Zaffaroni said that the move was “institutionally irresponsible.”

  • 11/11/2014 | Argentina

    AFIP launches new raid against banks, foreign exchange offices, stockbrokers

    New cross-investigations by the AFIP into suspected money laundering and tax evasion have led to coordinated raids on a total of 71 banks, foreign exchange offices and stockbrokers in Buenos Aires, Mendoza and Córdoba. Mariva bank, Transcambio, Columbia bank and Voii bank, were among the targets of today’s operation.

  • 21/10/2014 | Argentina

    ‘Criminal Procedural Code will be an efficient tool to fight crime’

    Cabinet chief Jorge Capitanich has defended the government’s plan to reform the Criminal Procedural Code, saying it will create a new, “faster and more efficient tool to fight crime.”

  • 21/10/2014 | Argentina

    CFK suspends trip to Chaco province

    Cabinet chief Jorge Capitanich said that president Cristina Fernández de Kirchner will not be travelling to Chaco province on Thursday as it was scheduled. Ms. Kirchner had cancelled her agenda for 48 hours last Friday upon doctor’s orders after having been diagnosed with a case of pharyngitis.

  • 21/10/2014 | Argentina

    Blue-chip swap rate sinks 25 cents; US dollar, informal rate advance

    After the Central Bank launched its largest operation in months against foreign exchange offices and stockbrokers, the blue-chip swap rate plunged 25 cents to close at 13.82 pesos, following yesterday’s 40-cent hike.

  • 21/10/2014 | Argentina

    CFK to travel to Chaco despite earlier cancellation

    President Cristina Fernández de Kirchner will finally travel to Chaco province on Thursday evening, Cabinet sources confirmed to ámbito.com. Cabinet chief Jorge Capitanich had anounced earlier today that the visit had been suspended.

  • 21/10/2014 | Argentina

    BCRA launches large operation against foreign exchange offices, stockbrokers

    The Central Bank (BCRA) has launched a large control operation against foreign exchange offices, stockbrokers and credit unions in Buenos Aires and La Plata cities.

  • 12/11/2014 | Argentina

    ‘Opposition leaders have no political projects, just personal ambitions’

    Cabinet chief Jorge Capitanich said the main problem among opposition leaders is that they offer “no reliable (political) alternative” after BA City Mayor Mauricio Macri announced he was considering an agreement with the Broad Front UNEN for the 2015 elections.

  • 12/11/2014 | Argentina

    Capitanich says inflation at 40 percent a 'lie'

    Cabinet chief rejected once again private estimates that inflation is at 40% and said that it is a “lie” spread by the opposition. He refused to comment on the evolution of the informal rate of the US currency saying it is the result of illegal operations.

  • 12/11/2014 | Argentina

    'No more great expectations on illegal dollar rate'

    Inspections targeting money-laundering and tax evasion will continue today and in the next days, the president of the Financial Information Unit (UIF) José Sbatella said as he questioned parallel market speculation and "illegal" dollar operations.

  • 12/11/2014 | Argentina

    'Blue' dollar climbs 53 cents to 13.68 pesos

    The informal rate of the US currency climbed 53 cents to close at 13.68 pesos today, amid new controls over illegal exchange houses, which pushed transactions down. The US dollar ended steady at 8.52 pesos.

  • 12/11/2014 | Argentina

    Piano forecasts 'blue' dollar to 'fall further,' reach 10 pesos

    In an attempt to bring relief to markets, the chairman of the Banco Piano forecasted further drops in the US currency rate. “A dollar rate at 16 pesos is nonsense. It will fall further,” the banker told media.

  • 13/11/2014 | Argentina

    Capitanich defends crackdown on financial markets

    Cabinet chief Jorge Capitanich spoke about the sanctions received by six major global banks and likened it to the recent government’s raids on brokerage firms and underground foreign-exchange houses in the local market.

  • 13/11/2014 | Argentina

    Gov't praises 'contribution from all political sectors' to Procedural Code bill

    Cabinet chief Jorge Capitanich said that the bill to reform the Criminal Procedural Code is open to the “democratic contribution from all political sectors,” following the 40 amendments the project received yesterday in the Senate Committee.

  • 13/11/2014 | Argentina

    Informal dollar rate falls to 13.40 pesos; blue-chip swap rate sinks to 12.11

    The informal rate of the US currency fell 28 cents to 13.40 pesos today, after early gains. Meanwhile, the blue-chip swap rate plummeted 34 cents to 12.11 pesos, its lowest value in almost three months.

  • 13/11/2014 | Argentina

    Banks paralysed in second day of strike

    Banks across the country remained closed to public today, in the second day of a 48-hours strike launched by the Banking Association (AB) to demand a raise in the income tax floor.

  • 13/11/2014 | Argentina

    Franco-era official willing to testify before Argentine judge

    Spain's former minister Rodolfo Martín Villa, one of the Franco-era officials whose extradition was requested by Federal Judge María Servini de Cubría, said that he wants to testify in Buenos Aires, despite Spain’s refusal to carry out the extradition.

  • 13/11/2014 | Argentina

    BA Lower House passes 2015 budget

    The Buenos Aires province Lower House has approved the new budget law for 2015, as well as an additional tax bill which estimates public spending at 246.2 billion pesos and 30 percent rise in rural and urban real-estate tax.

  • 14/11/2014 | Argentina

    Gov't protests British military exercises in Malvinas

    The Cristina Fernández de Kirchner administration has summoned charge d’ affaires of the United Kingdom embassy in Buenos Aires Richard Barlow and presented before him a letter of protest against recent military exercises in Malvinas Islands which included the firing of 136 missiles.

  • 14/11/2014 | Argentina

    Gov't 'emphatically' condemns British militarization of Malvinas

    Argentina emphatically rejects military maneuvers in Malvinas Islands because they represent UK’s increasing militarization in the disputed area, Cabinet Chief Jorge Capitanich said, reaffirming Argentina’s call for peaceful negotiations as established in the United Nations 2065 resolution.

  • 14/11/2014 | Argentina

    'Blue' dollar recovers, trades at 13.38 pesos

    After an earlier sharp 55-cent fall to 12.85 pesos, the "blue" dollar recovered eight cents to close at 13.38 pesos, as the gap between the official and the informal rates reaches 56.9 percent.

  • 14/11/2014 | Argentina

    Newsprint shortage hampers newspapers

    According to wholesalers who market this product, the dominant paper manufacturing firm Papel Prensa argues that the shortage is due to floods in a number of provinces. This emergency, the firm says, has hampered the regular production of paper because of the difficulties in accessing the trees that are used to produce paper pulp.

  • 14/11/2014 | Argentina

    Argentine court battle starts over gift to Eva Perón from Mao

    An ornately detailed screen given to Evita Perón from late Chinese leader Mao Tse-Tung, behind which the Argentine populist diva dressed and undressed, is among thousands of missing items at the heart of a legal battle about to unfold in Buenos Aires.

  • 15/11/2014 | Argentina

    'The President’s heir is the Argentine people', Scioli says

    Buenos Aires governor Daniel Scioli affirmed that President Cristina Fernández de Kirchner’s “true heir is the Argentine people,” during a school inauguration in Villa María, Córdoba province.

  • 16/11/2014 | Argentina

    ‘Not agreeing to discuss S. Court candidates is institutional irresponsibility’

    Supreme Court Justice Raúl Zaffaroni said that “not agreeing to dicuss candidates” for his replacement once his resignation becomes effective on December 31 “is institutional irresponsibility” referring to opposition lawmakers who have said that they will not give consensus in Congress to any candidate proposed by the Executive.

  • 16/11/2014 | Argentina

    Debt restructuring included in G20 communique

    The official communiqué of the G20 summit released at the end of the bloc’s meeting in Brisbane, Australia, included a paragraph on sovereign debt restructuring process, as requested by Argentina. Economy Minister Axel Kicillof and Foreign Minister Héctor Timerman celebrated it and described it as ‘historic’.

  • 16/11/2014 | Argentina

    Timerman to go to NY to discuss debt restructuring legal framework

    After attending the G20 summit in Brisbane, Foreign Minister Héctor Timerman will travel to New York tomorrow to resume talks on the development of a legal framework to regulate restructuring of foreign sovereign debt, a project that was suggested by Argentina with the support of the G77+China and approved by the UN General Assembly in September.

  • 17/11/2014 | Argentina

    Capitanich praises G20 debt restructurings clause

    Cabinet chief Jorge Capitanich joined Economy Minister Axel Kicillof and Foreign Minister Héctor Timerman in celebrating the inclusion of an “anti-vulture” clause in the final G20 summit document. He described it as “a sign of progress” ahead of the convention called by the UN.

  • 17/11/2014 | Argentina

    Gov’t creates agency to tighten control on foreign trade, currency flow

    The federal government has strengthened its control over the expenditure and income of currency in foreign trade through the creation of the Tracking and Tracing of Foreign Trade Transactions Unit.

  • 17/11/2014 | Argentina

    Gov’t ratifies won't re-open wage talks

    Ahead of a meeting with transportation unions, the cabinet chief rejected once again the reopening of national salary negotiations or any reform in income tax floor, demanded by workers across the country.

  • 17/11/2014 | Argentina

    'Blue' dollar jumps 10 cents to 13.48 pesos

    The informal rate of the US currency rose 10 cents to 13.48 pesos in undergound foreign exchange houses, having spent much of the day lower before recovering ground late in trading. Meanwhile, the official rate traded steady at 8.525 pesos.

  • 17/11/2014 | Argentina

    Sbatella defends creation of control unit

    The head of the Financial Information Unit praised the creation of the Tracking and Tracing of Foreign Trade Transactions Unit to fight tax evasion and capital flight by multinational companies and denied that those illegal manoeuvers are not related to the gap between the informal and the official dollar rate.

  • 17/11/2014 | Argentina

    Controversial Cromañon manager Chabán dies

    Omar Chabán, the former manager of Cromañón nightclub which caught fire in 2004 with 194 casualties and over 1,400 injured died today after losing his fight against Hodgkin's lymphoma.

  • 17/11/2014 | Argentina

    INDEC reveals unemployment at 7.5%

    The National Statistics and Census Institute (INDEC) has released its figures for the unemployment level in the third quarter of 2014, showing that 7.5 percent of the population were looking for work.

  • 18/11/2014 | Argentina

    Gov't says unemployment growth only a 'slight variation'

    After the INDEC statistics bureau announced a 7.5% increase in the country’s unemployment, Cabinet chief Jorge Capitanich denied that it was a “sharp raise,” as reported by media, and defended the government’s “active policies” to protect jobs.

  • 18/11/2014 | Argentina

    ‘Meeting with transport unions was positive’

    Cabinet chief Jorge Capitanich said that the government’s meeting with representatives of various trade unions in the transport sector was “positive,” despite unionists considering possible strikes after no deal was reached.

  • 18/11/2014 | Argentina

    Capitanich praises participation in G20 summit

    Cabinet chief Jorge Capitanich celebrated once again the inclusion of the inclusion of sovereign debt restructuring processes in a clause in the final G20 summit document. “Our country has helped to change history,” he said, in tune with a series of tweets by President Cristina Fernández de Kirchner.

  • 18/11/2014 | Argentina

    'Blue' dollar up at 13.55 pesos; blue-chip swap, stock exchange rates sink

    The informal rate of the US dollar rose seven cents in today's trading to close at 13.55 pesos, having fallen earlier on. Meanwhile, the blue-chip swap rate fell 16 cents to 11.93 pesos, breaking the 12-peso mark. The stock exchange rate dropped 26 cents to 12.01 pesos, its lowest value since August 8.

  • 18/11/2014 | Argentina

    UCR fails to reach an agreement on alliances

    Radical (UCR) party members vowed to support a presidential candidate of their own in next year’s general elections after a key conclave in San Fernando, Buenos Aires province.

  • 19/11/2014 | Argentina

    Earlier implementation of Civil Code responds to 'popular demand'

    Head of ministers Jorge Capitanich said that many Argentineans do not feel the need to wait until January 2016 for the Code - which rules for everyday life in the country -, to come into effect.

  • 19/11/2014 | Argentina

    Gov't defends additional estimates in 2015 budget

    The government defended today its decision to alter the estimates for the 2015 budget with a decree, adding 39.9 billions pesos. Cabinet chief Jorge Capitanich said that the measure was based on estimations of higher incomes from tax collection.

  • 19/11/2014 | Argentina

    'Blue' dollar steady at 13.55 pesos; blue-chip plunges 23 cents

    The so-called “blue” dollar traded steady and closed at 13.55 pesos today, after earlier falls. Meanwhile, the blue-chip swap rate plunged 23 cents to 11.75 pesos, after yesterday's sharp decline.

  • 20/11/2014 | Argentina

    CFK expected back to work next week

  • 20/11/2014 | Argentina

    Public workers strike for year-end bonus

  • 21/11/2014 | Argentina

    'Blue' dollar falls to 13.38 pesos amid gov't controls

    The so-called "blue" dollar closed the week at 13.38 pesos, 12 cents lower than yesterday's closing price, according to a poll released by ambito.com. Parallel exchange offices closed yesterday amid inspections.

  • 13/11/2014 | Argentina

    Patagonian Mapuche group declare ‘war’ on Argentina, Chile

    The group Ancestral Mapuche Resistance (RAM) claimed responsibility for a series of attacks on Neumeyer Mountain Shelter, the Catholic Cathedral and Chile’s Consulate in Río Negro province and urged all Mapuches to join them in the fight “against the real enemy, the invaders, usurpers and destroyers of the (Mapuche) people.”

  • 14/11/2014 | Argentina

    Pope Francis cancels Argentina 2016 visit

    President of the Argentine Episcopal Conference (CEA) monsignor José María Arancedo has confirmed the pontiff will be not coming to Argentina in June 2016 when he was expected to attend the National Eucharistic Congress in the Tucumán province.

  • 18/11/2014 | Argentina

    ‘Employment is the government’s obsession’

    Economy Minister Axel Kicillof said that “employment is the government’s main obsession,” after the INDEC statistics bureau reported that unemployment rate climbed to 7.5% in the third quarter of the year.

  • 18/11/2014 | Argentina

    'Many forecasted reserves losses, higher exchange rates but it is not real'

    Head of the Central Bank Alejandro Vanoli said that “many forecasted a year-end with reserves losses and higher legal or illegal exchange rates but all that is now only an expression of wishes, it is not real.”

  • 18/11/2014 | Argentina

    Cristina holds official meetings in Olivos in spite of rest orders

    Despite the 10 days of convalescence ordered by her doctors, President Cristina Fernández de Kirchner continued with an official schedule in Olivos and met with key members of her cabinet this afternoon.

  • 25/11/2014 | Argentina

    'Blue' dollar falls to 13.35 pesos, blue-chip lower at 11.97 pesos

    The US dollar closed up half a cent to 8.535 pesos in Buenos Aires City banks and foreign exchange offices. Meanwhile, the so called "blue" dollar fell to 13.35 pesos, and the blue-chip swap rate was one cent down at 11.97 pesos.

  • 23/11/2014 | Argentina

    Gov’t says Bonadío uses Hotesur raids to 'extort and play politics'

    Justice Secretary Julián Álvarez has joined the group of government officials who have questioned recent judicial raids at the Hotesur company partly owned by President Cristina Fernández de Kirchner. Álvarez accused federal judge Claudio Bonadío –who ordered the raids- of “extortion” and a “clear institutional coup-mongering.”

  • 24/11/2014 | Argentina

    Missing climber found dead in Chile

  • 25/11/2014 | Argentina

    ‘No vulture or troublemaker will extort this President’

    After a month of absence from government activity due to a medical condition, President Cristina Fernández de Kirchner resumed public duties with a warning that her administration's economic and spending policies would not change despite opposition pressure.

  • 25/11/2014 | Argentina

    CFK questions Bonadío shareholdings

    After a speech at the Argentine Construction Chamber following 26 days of public absence, President Cristina Fernández de Kirchner used her Twitter account to suggest that Federal judge Claudio Bonadío is a shareholder of a private company which has failed to present its accounts on time.

  • 27/11/2014 | Argentina

    Massive blackout affects BA City

  • 28/11/2014 | Argentina

    'Blue' dollar set to end the week down

    The so called blue dollar ended the week ten cents lower at 13.10 pesos, according to a poll released by ámbito.com. The official rate, meanwhile, closed half a cent up at 8.54 pesos in Buenos Aires City banks and foreign exchange offices.

  • 28/11/2014 | Argentina

    YPF, Petrobras shares drag Merval down

    The Merval stock index plunged today 3.1 percent, dragged by oil shares worldwide following OPEC's decision not to cut output reinforced prospects of an oil supply glut around the world. Argentine YPF and Brazilian Petrobras fell 4.2% and 7.4%.

  • 30/11/2014 | Argentina

    Rainfalls to continue in BA today

  • 03/12/2014 | Argentina

    'Blue' dollar up at 13.05 pesos; formal rate steady

    The informal rate of the US currency climbed five cents to 13.05 pesos today, after ending at its lowest value in three weeks yesterday. Meanwhile, the US dollar traded steady to close at 8.555 pesos in Buenos Aires City banks and foreign exchange offices.

  • 03/12/2014 | Argentina

    No impeachment for judge Bonadío

  • 04/12/2014 | Argentina

    'Blue' dollar falls below 13-peso mark on control fears

    The so called "blue" dollar fell 13 cents today to close at 12.92 pesos, as fear of renewed government controls spread in underground exchange houses in Buenos Aires City.

  • 04/12/2014 | Argentina

    CFK in Ecuador for UNASUR summit

  • 04/12/2014 | Argentina

    Gov’t announces early Boden 2015 payment

    Economy Minister Axel Kicillof announced that between December 10 and 12, the government will offer early payment of Boden 2015 bonds, which matures next October. The official said the decision seeks to tackle “speculative, propaganda maneouvres” by vulture funds against Argentina.

  • 05/12/2014 | Argentina

    'Blue' dollar plunges 14 cents to 12.78 pesos

    The so called “blue dollar” plunged 14 cents to close at 12.78 pesos on the last day of the financial week, following yesterday's mark when greenbacks in the informal market broke the 13-peso barrier losing 13 cents as a result of ongoing official controls and raids.

  • 07/12/2014 | Argentina

    Storms, hailstones alert lifted, rain to continue

    Following yesterday’s yellow alert for Buenos Aires City and Rosario, as temperatures reached 35 degrees Celsius, the national weather service (SMN) earlier warned about severe storms and wind gusts before lifting the caution later on.

  • 07/12/2014 | Argentina

    Pope Francis calls for CFK ‘to end mandate in peace’

    Argentines across the political spectrum should work to maintain stability ahead of October's presidential election, Pope Francis said in an interview published by La Nación newspaper.

  • 11/12/2014 | Argentina

    Singer: ‘Difficult to predict what Argentina will do after Jan. 1’

    Paul Singer, head of one of the hedge funds in dispute with Argentina, made statements regarding the judicial dispute with the country at the DealBook’s annual conference celebrated in New York.

  • 12/12/2014 | Argentina

    'Blue' dollar climbs 15 cents to 12.85 pesos

    The so called “blue” dollar climbed 15 cents to close at 12.85 pesos, following Thursday’s 8-cent drop. The gap between the official and the parallel rates of the American currency stayed below 50 percent, affecting the purchase of greenbacks for saving.

  • 12/12/2014 | Argentina

    Only 2% of bondholders accepted Boden 2015

    In a press conference from the Economy Ministry, Axel Kicillof unveiled that the federal government obtained 185 million dollars as part of the Boden 2015 debt swap process announced last week. The figure represents only two percent of the total amount.

  • 12/12/2014 | Argentina

    Most 2015 bondholders reject cash-out

  • 13/12/2014 | Argentina

    Weather alert for BA and surroundings

    The National Meteorological Service (SMN) warned over heavy storms to take place this afternoon, including occasional gusts and possible hailstones in Buenos Aires City and its surroundings, Santa Fe, Córdoba and Entre Ríos.

  • 15/12/2014 | Argentina

    'Blue' dollar climbs to 13.17 pesos

  • 16/12/2014 | Argentina

    Argentina under annual IMF's assessment

  • 16/12/2014 | Argentina

    MERCOSUR summit begins in Entre Ríos

    The Chancellors and several ministers of the countries of the Southern Common Market (MERCOSUR) have gathered in Paraná, Entre Ríos province today, before the head of states arrive tomorrow for the official kick off of the bloc’s 47th summit.

  • 17/12/2014 | Argentina

    CFK presides MERCOSUR summit

    The president arrived yesterday in Paraná, Entre Ríos province, to welcome the heads of states of MERCOSUR who meet today for the bloc’s 47th summit to plough through a loaded agenda, including the creation of a “Mercosur citizenship” and the entry of Bolivia –currently an associate state- as a full member.

  • 17/12/2014 | Argentina

    ‘Failing is not an option’

  • 17/12/2014 | Argentina

    Missing stockbroker found dead with shot in the head

    Mario Bendit, a broker and financial assessor who went missing since Tuesday was found dead this afternoon with a shot in his head. The body appeared in Costanera south neighbourhood, Buenos Aires City.

  • 18/12/2014 | Argentina

    UK to award medal to Malvinas Islands for 'courage' in 1982 war

    The British government announced that it will award a campaign medal to the Malvinas Islands in recognition of inhabitant’s support for British forces amid "direct and grave threat to their sovereignty" during the 1982 South Atlantic War.

  • 18/12/2014 | Argentina

    CFK to UK: ‘Dialogue like the US did with Cuba’

    President Cristina Fernández de Kirchner called the UK government ‘to sit and dialogue’ over the Malvinas Islands’ dispute, and gave as an example the agreement reached yesterday between the United States and Cuba.

  • 19/12/2014 | Argentina

    'Blue' dollar drops drops five cents, hits 13.10 pesos

    The US dollar closed unchanged at 8.565 pesos in BA City banks and foreign exchange offices. Greenbacks in the parallel market lost five cents.

  • 19/12/2014 | Argentina

    Vanoli says 'climate of trust' is back

    The president of the Central Bank of the Argentine Republic (BCRA) Alejandro Vanoli told the press catastrophe-like scenarios in the country’s economy have been dismissed by “several sectors.”

  • 21/12/2014 | Argentina

    Summer begins with low temperatures, rain in BA

    On the first day of summer, temperatures in Buenos Aires City will be low and the City will be hit by “probable strong storms and occasional hail,” the National Meteorological Service (SMN) has warned. The weather conditions are expected to improve on Wednesday.

  • 21/12/2014 | Argentina

    De Mendiguren: 'Inflation is over 30%'

  • 22/12/2014 | Argentina

    BA Subway workers to launch rolling strike tomorrow

    The Subte and Premetro Workers Association (AGTSyP) have confirmed rolling strike action on the capital's subway lines for tomorrow, starting at 5 am.

  • 23/12/2014 | Argentina

    Tax amnesty extended for three months

  • 23/12/2014 | Argentina

    Argentina loses appeal against Griesa’s Discovery orders

    The US Court of Appeals for the Second Circuit in Manhattan has rejected Argentina’s appeal against US Judge Thomas Griesa’s decision to allow holdout bondholders to subpoena Argentine banks for information on state assets.

  • 30/11/2014 | Argentina

    Dissident CTA vows mobilizations this month

    The dissident CTA umbrella union has vowed to mobilize between December 10 and 20 if it doesn’t receive a favourable response to its requests for an end-of -year bonus, an increase in the income tax floor and a jump in pensions.

  • 01/12/2014 | Argentina

    US Senate to approve Mamet as new Argentina ambassador

    The United States Congress is set to confirm Noah Mamet as the nation's new ambassador to Argentina, filling the post that has been empty for over a year since Vilma Martínez vacated the job on July 4 2013.

  • 02/12/2014 | Argentina

    Gov’t calls for a deep investigation on HSBC Swiss accounts

    Cabinet chief Jorge Capitanich stressed the importance of moving forward in the inquiry on HSBC for allegedly helping citizens and companies stash their money in secret Swiss banks accounts and called for a “frontal fight against tax evasion.”

  • 02/12/2014 | Argentina

    ‘Blue’ dollar falls 10 cents to 13 pesos

    The informal rate of the US currency traded ten cents lower at 13.00 pesos today, following an earlier 15-cent plunge. Meanwhile, the US dollar advanced one cent to close at 8.555 pesos in Buenos Aires City banks and foreign exchange offices.

  • 02/12/2014 | Argentina

    Gov’t moves forward with HSBC Congressional Commision

    Victory Front’s Senator Aníbal Fernández said he is meeting later today with the head of the Lower House Budget Committee Roberto Feletti to finalize details for the creation of the Congressional Commision to look into HSBC’s alleged illegal plan to help 4,040 clients evade taxes.

  • 08/12/2014 | Argentina

    UIA's Méndez says Economy Minister post 'still too big for Kicillof'

    The head of the Argentine Industrial Union, Héctor Méndez referred today to Economy Minister Axel Kicillof in statements to a radio station.

  • 10/12/2014 | Argentina

    Havoc in BA after heavy storms

  • 10/12/2014 | Argentina

    Public bank workers go on 48-hour strike

    The Asociación Bancaria union confirmed a 48-hour strike for public banks across the country tomorrow and on Friday, demanding the payment of a 7,500-pesos wage bonus that has already been paid to workers of private banks.

  • 23/12/2014 | Argentina

    Tucumán's Prosecutor wants Army Chief Milani to testify

    Tucumán’s Federal attorney Carlos Brito requested army-chief César Milani’s to testify before local courts, under the charges of “ideological falsehood and concealment”, following the disappearance of conscript Alberto Agapito Ledo during the last military dictatorship in 1976-1983.

  • 25/12/2014 | Argentina

    ‘It has been an exceptional year for YPF’

    The president of state-owned oil company YPF Miguel Galuccio has assured that 2014 “was an exceptional year” for the firm in terms of growth and investment. He pointed out that the company has achieved all of its goals for the year.

  • 28/12/2014 | Argentina

    'Argentina is capable of paying all of its creditors'

    Senior portfolio manager at NML Capital Jay Newman said that “Argentina is capable of paying all of its creditors” given its “vast natural ressources.” He blamed the government for not reaching a deal with the holdouts.

  • 28/12/2014 | Argentina

    Massa: ‘Michetti would be a great City Mayor’

    Renewal Front leader Sergio Massa jumped into the Pro party intern, and expressed his support for Senator Gabriela Michetti, who yesterday announced her intentions to run as a candidate for Buenos Aires City elections in 2015.

  • 29/12/2014 | Argentina

    Capitanich to vulture funds: ‘We will not accept extortions’

    The government reiterated its stance in the battle against its holdout creditors, following the remarks by senior portfolio manager at NML Capital Jay Newman, who said yesterday that “Argentina is capable of paying all of its creditors” given its “vast natural ressources.”

  • 29/12/2014 | Argentina

    The City’s New Year holiday services

  • 29/12/2014 | Argentina

    INDEC: GDP down 0.8% in third quarter of 2014

    The National Statistics and Census Institute (INDEC) has revealed that the Argentine economy contracted a total of 0.8 percent in the third quarter of this year, compared to the same period in 2013.

  • 30/12/2014 | Argentina

    'Blue' dollar climbs to 13.80 pesos, official up 31% in year

    The so called “blue” dollar climbed 25 cents to 13.80 pesos wih few operations being registered, amid fears the government would tighten controls in the foreign exchange market. Meanwhile, the official rate of the American currency remained at 8.565 pesos in BA City banks and foreign exchange offices.

  • 30/12/2014 | Argentina

    Uruguay police find woman's body close to where Lola went missing

    The body of a young woman has been found close to the spot where Lola Luna Chomnalez, the 15 year-old Argentine girl that went missing on Sunday in the Uruguayan coastal city of Rocha, was last seen.

  • 31/12/2014 | Argentina

    A rainy end to 2014 in Buenos Aires area

  • 01/01/2015 | Argentina

    Petrol prices drop 5% nationwide

  • 02/01/2015 | Argentina

    'Blue' dollar steady at 13.80 pesos

  • 05/01/2015 | Argentina

    'Blue' dollar falls to 13.75 pesos; official rate up

    The informal rate of the US currency, the so called "blue" dollar, fell five cents to 13.75 pesos in BA City underground foreign exchange houses. Meanwhile, the US dollar closed one cent up, at 8.58 pesos.

  • 05/01/2015 | Argentina

    CFK back at Olivos residency, meets with Capitanich, Zannini

    President Cristina Fernández de Kirchner has returned from El Calafate to Olivos presidential residency, where she will meet with Cabinet Chief Jorge Capitanich and Legal and Technical Secretary Carlos Zannini.

  • 05/01/2015 | Argentina

    Buenos Aires stocks sink 6.3% as oil shares take new battering

    BA stocks plunged with the Merval benchmark stock index falling by 5.96 percent to 8,149.14 points, led down by drops in oil companies shares which suffered drops in the price of the commodity.

  • 06/01/2015 | Argentina

    Cristina meets Kicillof in Olivos

  • 07/01/2015 | Argentina

    'No ties between social situation and attack' - Argentine consul in France

    Argentine consul for France Luis María Sobrón confirmed French President Francois Hollande was expected to meet with his cabinet ministers to address the attack on the headquarters of the Charlie Hebdo magazine at the Elysée Palace.

  • 07/01/2015 | Argentina

    Government condemns 'barbaric terrorist attack'

    In an official statement, the Cristina Fernández de Kirchner administration condemned what it called a “barbaric” attack against the offices of the French Charlie Hebdo magazine in Paris that left 12 people dead on Wednesday and reaffirmed the government's position to fight terrorism in "all its forms."

  • 07/01/2015 | Argentina

    Car production falls 22% in 2014

  • 08/01/2015 | Argentina

    Government ratifies condemnation of Paris killing

    The government has reiterated Argentina’s condemnation of the terrorist attack against the offices of the French Charlie Hebdo magazine in Paris yesterday and confirmed its “commitment with peace and the fight against terrorism in all its forms.”

  • 11/01/2015 | Argentina

    Hundreds attend France protest in City

    Several hundred people gathered in front of Buenos Aires' French embassy today to condemn the attacks by islamists in Paris, which left a total of 17 victims dead in the last week.

  • 12/01/2015 | Argentina

    Gov’t defends Gils Carbó, scolds critics

    Following a press released published in main newspapers today by some 80 prosecutors and judicial officials in support of Attorney General Gils Carbó, Cabinet Chief Jorge Capitanich defended the official and slammed her critics.

  • 12/01/2015 | Argentina

    'Blue' dollar falls 7 cents to 13.70 pesos

    The informal rate of the US currency, the so called "blue" dollar, fell seven cents to 13.70 pesos in BA City underground foreign exchange houses. Meanwhile, the US dollar closed unchanged at 8.605 pesos.

  • 12/01/2015 | Argentina

    City's C Subte line paralysed by strike

  • 12/01/2015 | Argentina

    BA City on yellow alert over heat wave

    The National Meteorological Service (SMN) has issued a yellow alert for Buenos Aires City and Rosario due to elevated temperatures. A 35° Celsius is forecasted for today in BA. At 10 am, the porteños were suffering of sweltering 30.5° C.

  • 13/01/2015 | Argentina

    After heat wave, heavy rainfalls hit BA

  • 13/01/2015 | Argentina

    'Blue' dollar plunges to 13.60 pesos

  • 13/01/2015 | Argentina

    ‘I attended Paris rally on Sunday’

    Foreign Minister Héctor Timerman said that he did march in Paris on Sunday as a "common citizen" in the massive rally of solidarity after the terror attacks on France.

  • 14/01/2015 | Argentina

    Massa calls for Timerman’s resignation

    Renewal Front’s Sergio Massa called for Foreign Minister Héctor Timerman to resign, saying he “keeps making a fool of himself.” The minister came under heavy fire for his role at the historic rally against terrorism in Paris on Sunday.

  • 14/01/2015 | Argentina

    Gov’t: Accusations are ‘ridiculous, inconceivable’

    Secretary General to the Presidency Aníbal Fernández bluntly rejected the accusations by the prosecutor in the AMIA bombing probe against president Cristina Fernández de Kirchner and other Kirchnerite officials for allegedly “covering up” Iranian citizens in the investigation.

  • 14/01/2015 | Argentina

    Nisman: Intelligence agents are involved

    AMIA case special prosecutor Alberto Nisman said that besides president Cristina Fernández de Kirchner and Kirchnerite officials and political leaders, agents from the country’s Intelligence Secretary are involved, but he refused to disclose their identities.

  • 14/01/2015 | Argentina

    DAIA: This news has shocked us all

  • 15/01/2015 | Argentina

    Gov’t aims once again at ex Intelligence agents, int'l interests

    Cabinet Chief Jorge Capitanich said the complaint against president Cristina Fernández de Kirchner for allegedly covering up Iran’s involvement in 1994 AMIA Jewish community centre bombing was “ludicrous, absurd, ridiculous, unconstitutional.” He pointed finger at those “who seek to destabilize the government.”

  • 15/01/2015 | Argentina

    AMIA judge Canicoba Corral questions prosecutor's complaint

    AMIA case Judge Rodolfo Canicoba Corral accused prosecutor Alberto Nisman of being “led” by Intelligence officials and he casted doubt on the content of the complaint filed against the president for allegedly covering up Iran’s involvement in the 1994 AMIA bombing.

  • 15/01/2015 | Argentina

    Special prosecutor Nisman gives details of complaint against CFK

    AMIA special prosecutor Alberto Nisman confirmed his complaint against the Executive power over an alleged “criminal deal of impunity” with Iran and explained the role of every one of those he accused for “covering up” Iran’s involvement the attack against the Jewish centre in 1994 in Buenos Aires.

  • 15/01/2015 | Argentina

    Stiuso does not control me, decisions are mine’

    AMIA case prosecutor Alberto Nisman has responded to criticism from Foreign Minister Héctor Timerman, who defined the episode as “a media show”. In reaction, the attorney said that “anything the accused has to say, he’ll say it before a Judge".

  • 16/01/2015 | Argentina

    Michetti to dispute BA City Mayor elections

    The senator  has reached an agreement with Buenos Aires City Mayor Mauricio Macri and the two accorded she will lead the ticket for the upcoming elections.

  • 16/01/2015 | Argentina

    INTERPOL's ex-head denies gov't requested cancellation of red notices

    Foreign Minister Héctor Timerman read an email by INTERPOL‘s former head Ronald Noble, that assured the country maintained its policy over the red notes.

  • 16/01/2015 | Argentina

    INDEC 2014 inflation rate: 23,9%

    The National Statistics and Census Institute has estimated that inflation for 2014 hit 23,9 percent, while retailers prices rise 1% in December.

  • 17/01/2015 | Argentina

    Berni anticipates a ‘disaster’ over Nisman’s meeting in Congress

    Security Secretary Sergio Berni expressed his support for Foreing Minister Héctor Timerman, who yesterday denied accusations by Prosector Albertno Nisman against several government officials over an alleged cover-up of the AMIA investigation.

  • 17/01/2015 | Argentina

    Ernesto Sanz denies joining Macri as his VP

    Radical Party leader Ernesto Sanz, rejected today versions affirming he would share the presidential ticket with Mauricio Macri, head of the Pro Party.

  • 18/01/2015 | Argentina

    Ex Interpol head Roland Noble: What prosecutor Nisman says is false

    Ex Secretary General of the Interpol Roland Noble said Alberto Nisman's accusations against Cristina Fernández de Kirchner’s administration over the 1994 AMIA Jewish centre bombing are “false” and he confirmed that no one from the government has ever asked Interpol to revoke the Red Notices against Iran's officials.

  • 19/01/2015 | Argentina

    The official statement by the Security Ministry

    The Security Ministry released and official statement over prosecutor Alberto Nisman’s death at 5.07 am today, after his body was found at his apartment in Puerto Madero neighbourhood.

  • 19/01/2015 | Argentina

    Prosecutor Fein: No third party in death of Nisman, 'forced suicide' not ruled out

    Prosecutor Viviana Fein has confirmed that there was no sign of a third-party being involved in the death of AMIA investigator Alberto Nisman, who was found this morning with a gunshot to the head. The official, however, refused to rule out the possibility that the deceased was obliged to take his own life by some as yet unknown factor.

  • 19/01/2015 | Argentina

    ‘The bomb at AMIA has exploded again today’

    Julio Schlosser, head of DAIA Delegation of Argentine-Israeli Associations, likened the death of AMIA special prosecutor Alberto Nisman with the 1994 bombing against the Jewish community centre itself, which caused over 80 deaths.

  • 19/01/2015 | Argentina

    Gov’t sees signs of suicide but asks for caution

    Security Secretary Sergio Berni, Secretary General to the Presidency Aníbal Fernández suggested that there were signs of suicide in AMIA special prosecutor Alberto Nisman’s death but they both called for caution until the results of the investigation.

  • 19/01/2015 | Argentina

    Opposition leaders concerned, appalled by Nisman’s death

    Opposition leaders have voiced their concerns about the death of the 1994 AMIA bombing special prosecutor Alberto Nisman, who was expected at Congress to reveal the details of explosive allegations that involved President Cristina Fernández de Kirchner and Foreign Minister Héctor Timerman.

  • 19/01/2015 | Argentina

    AMIA head says Nisman's decade-long work 'irreplaceable'

    AMIA Jewish Community centre head Leonardo Jmelnitzky expressed his regret for the death of prosecutor Alberto Nisman who was in charge of the investigation of the terrorist attack against the centre’s headquarters in 1994, which killed over 85 people.

  • 19/01/2015 | Argentina

    Gils Carbó appoints Gentili as Nisman’s replacement

    Attorney General Alejandra Gils Carbó has appointed prosecutor Alberto Gentili to replace deceased Alberto Nisman in front of the Special Unit dedicated exclusively to the AMIA investigation until January 31, when the Judicial recess ends.

  • 19/01/2015 | Argentina

    When a trusted source provides an unexpected scoop

    By Damian Pachter
    BuenosAiresHerald.com
    There are times when journalists receive rubbish information from trusted sources.

  • 20/01/2015 | Argentina

    Fernández: complaint against CFK 'ridiculous’

    Secretary General to the Presidency Aníbal Fernández rejected the allegations against president Cristina Fernández de Kirchner made last week by deceased AMIA prosecutor Alberto Nisman, describing them as “feeble.”

  • 20/01/2015 | Argentina

    Gov’t calls to determine motive behind AMIA prosecutor's death

    Cabinet Chief Jorge Capitanich has ratified the government’s commitment to solving the death of AMIA special prosecutor Alberto Nisman and highlighted the importance of “determining the motive” behind his death. “If there was pressure or extorsion, it is necessary to investigate until the last consequences," he said.

  • 20/01/2015 | Argentina

    Fein orders raid on Nisman’s offices

    Prosecutor investigating the death of AMIA special prosecutor Alberto Nisman, Viviana Fein, ordered a raid on Nisman’s offices in downtown Buenos Aires City. She will also hear testimony from Nisman’s bodyguards.

  • 20/01/2015 | Argentina

    Macri criticises CFK's letter

  • 20/01/2015 | Argentina

    No gunpowder traces found on Nisman’s hands, tests ordered on alleged weapon

    The forensic analysis on AMIA special prosecutor Alberto Nisman’s body confirmed that there were no traces of gunpowder on his hands. However, experts explained that it does not contradict suicide hypothesis.

  • 20/01/2015 | Argentina

    Judge Palmaghini takes Nisman case

    Judge Fabiana Emma Palmaghini, in charge of Criminal Court of Instruction N° 25 has interrupted her vacations in Brazil and returned to the country to take the case of AMIA prosecutor Alberto Nisman’s death.

  • 20/01/2015 | Argentina

    Nisman’s ex wife: I cannot speculate

  • 21/01/2015 | Argentina

    ‘It was suicide, we do not know the motive’

    State Prosecutor Viviana Fein ruled a suicide the death of AMIA special prosecutor Alberto Nisman but explained that the motive is still unknown.

  • 21/01/2015 | Argentina

    Berni: I did not enter the bathroom

    Security Secretary Sergio Berni spoke about his arrival at AMIA special prosecutor Alberto Nisman on the night of his death. He stressed that he never entered the bathroom where the prosecutor’s body was found and that he arrived at the apartment “almost at the same time than the judge (Manuel de Campos).”

  • 21/01/2015 | Argentina

    Gov’t defends Berni’s actions at Nisman’s apartment

    Following criticism against Security Secretary Sergio Berni for arriving at Alberto Nisman's apartment the night of his death before the judicial authorities -possibly altering the crime scene-, Cabinet Chief Jorge Capitanich and Secretary to the Presidency Aníbal Fernández defended the secretary’s actions and called to wait for the results of the judicial investigation.

  • 21/01/2015 | Argentina

    ‘Nisman’s mother asked me to preserve everything’

    Security Secretary Sergio Berni spoke again about his arrival at AMIA prosecutor Alberto Nisman’s home on the night of his death on Sunday and explained that the prosecutor’s mother asked him to preserve the scene.

  • 21/01/2015 | Argentina

    A footprint and a fingerprint, the latest clues in Nisman’s death

    Investigators found a footprint and a fingerprint in a third –recently discovered- access to prosecutor Alberto Nisman’s apartment, which became the latest clues in the investigation of the death of the AMIA special prosecutor late on Sunday.

  • 21/01/2015 | Argentina

    Locksmith: I opened the door with the mother’s key

    The locksmith that worked at Alberto Nisman’s apartment on the night of his death gave testimony to State Prosecutor Viviana Fein today. He explained that he was called by the security guards of the building and that he left soon after opening the door for Nisman’s mother.

  • 22/01/2015 | Argentina

    CFK doubts suicide: They used Nisman while he was alive, then they needed him dead

    President Cristina Fernández de Kirchner took it to social media once again to express her thoughts on the death of AMIA special prosecutor Alberto Nisman, referring to it as “the suicide which -I am sure- was not a suicide.” She also praised yesterday’s cover of the Herald for its “accuracy” on the content of Nisman's complaint against the government.

  • 22/01/2015 | Argentina

    Prosecution hears new testimonies, tests Nisman’s cellphone

    The investigation on the death of Prosecutor Alberto Nisman continues today when the relatives of the deceased and employees of the AMIA special unit that Nisman headed are expected to give testimony to State Prosecutor Viviana Fein. His cellphones will undergo forensic analysis.

  • 22/01/2015 | Argentina

    Berni denounces ‘operation against the gov’t', says suicide theory less likely

    Security Secretary Sergio Berni said that the investigation on AMIA special prosecutor Alberto Nisman is moving away from the suicide hypothesis and denounced his death as part of an “operation against the government.”

  • 22/01/2015 | Argentina

    Fein: Service entrance's door was locked

    Prosecutor Viviana Fein confirmed that the service door of Alberto Nisman’s apartment was “locked” when his mother and the bodyguards arrived, contradicting the statements made to reporters by the locksmith -identified as Walter- that worked on the door on Sunday.

  • 22/01/2015 | Argentina

    ‘If CFK thinks Nisman was killed she needs to remove Security Ministry chiefs’

    “This is very serious. To move from encouraging the suicide theory to (backing) the murder (hypothesis) has to have consequences,” Sanz said in reference to the president’s latest Facebook post.

  • 22/01/2015 | Argentina

    First wiretaps released

    The first wire-tap recordings related to the alleged cover-up of the AMIA attack were released yesterday following the death of Special Prosecutor Alberto Nisman, and consist in one dialogue between Alberto Khalil and social activist Luis D’Elía.

  • 23/01/2015 | Argentina

    Employee who lent Nisman the gun is forbidden to leave the country

    Judge Fabiana Palmaghini has forbidden Diego Lagomarsino, the Prosecutor's Office employee who lent Alberto Nisman a gun shortly before his death, to leave the country. The computer technician, the last person to see Nisman alive, is to testify again before the judge.

  • 23/01/2015 | Argentina

    US calls for ‘complete, impartial’ investigation

    The US government has called for a “complete and impartial” investigation on the death of AMIA special prosecutor Alberto Nisman, who had accused President Cristina Fernández de Kirchner of covering up the 1994 bombing of the Jewish community centre.

  • 23/01/2015 | Argentina

    Prosecutor Fein awaits ballistic tests results

    State Prosecutor in Alberto Nisman’s death investigation, Viviana Fein, has said that she is awaiting the results of new ballistic tests. She explained that samples have been taken from the crime scene for DNA analysis.

  • 24/01/2015 | Argentina

    Iran says it has ‘nothing to do’ with Nisman’s death

    Iran’s Foreign Minister Mohammad Jawad Zarif has stated that his country “has nothing to do” with the death of AMIA special prosecutor Alberto Nisman, who was investigating Iranian citizens in the 1994 bombing of the Jewish community centre.

  • 24/01/2015 | Argentina

    BA Herald journalist Damián Pachter leaves the country

    BuenosAiresHerald.com journalist Damián Pachter, the first to break the news of the death of AMIA special prosecutor Alberto Nisman on Twitter last Sunday, reportedly left the country because he feared for his life.

  • 24/01/2015 | Argentina

    Fein says bullet that killed Prosecutor Nisman was shot from a short distance

    Prosecutor Viviana Fein, who investigates the death of Alberto Nisman, confirmed that, according to the autopsy on his body, the bullet that killed him was shot less than a centimeter away.

  • 25/01/2015 | Argentina

    Iran's representative in Argentina denies parallel diplomacy

    Iran’s charge d'affaires in Buenos Aires Ahmad Reza Kheirmand denied the existence of the “parallel diplomacy” denounced by deceased AMIA special prosecutor Alberto Nisman who accused the Kirchnerite administration of plotting to cover up the 1994 attack on the Jewish community centre.

  • 25/01/2015 | Argentina

    Judge Garzón: The gov't has nothing to do with Nisman's death

    Ex Spanish Judge and human rights advocate Baltasar Garzón has assured that “the Argentine government has nothing to do” with the death of AMIA special prosecutor Alberto Nisman. He added that the Executive and the officials involved in Nisman’s complaint were “the most affected by his death.”

  • 26/01/2015 | Argentina

    'Blue' dollar ends down at 13.66 pesos

  • 26/01/2015 | Argentina

    Nisman case: no identification for fingerprint sample

    Forensics who analyzed a fingerprint found in a passage where air conditioning machines are placed with access to the apartment where Prosecutor Allberto Nisman was found dead last week, said it couldn't be identified.

  • 26/01/2015 | Argentina

    Lagomarsino accused of lending Nisman gun that killed him

    Prosecutor Viviana Fein confirmed Diego Lagomarsino has been formally accused for lending the gun to a person without a permit to handle it, an action which is considered a crime according to the Argentine Penal Code and is penalised with one to six years in prison.

  • 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.

  • 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.

  • 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.

  • 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.  

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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