In an interview with Argentina’s daily 'Ambito Financiero', Nobel Economics laureate Joseph Stiglitz considered the Argentine government’s move to reopen the debt swap and replace the Bank of New York Mellon with local Banco Nacion as trustee a “good call” saying the reopening would not be mandatory, “volu...
The Argentine government again blasted Judge Thomas Griesa for declaring 'illegal' the bill sent to Congress referred to the country's debt and creditors, and said the magistrate ignores national sovereignty and ignores how democratic institutions function.
With less than two months to the crucial 5 October presidential election, Brazil's Central Bank continued to battle economic turmoil increasing the credit available for commercial loans in the hope of boosting the country’s stagnant growth figures.
Falkland Islands involved oil and gas explorer Premier Oil may upgrade its 2014 production forecast after stronger-than-expected output in the first half of the year, pending the outcome of summer maintenance work, its Chief Executive said. The company reported a 7% rise in first-half profit after tax on Thursday, helped by strong oil production...
The two United States aid workers who were the first patients ever to be treated for the Ebola virus at a hospital in the US have been released, capping a transcontinental medical drama that stirred public debate about whether citizens with the virus or exposed to the virus should have been allowed to return.
Mining companies are often seen as dinosaurs when it comes to making changes that will benefit the environment, but that perception may be shifting as some companies turn to renewable energy to cut costs and lighten their carbon footprint.
The Argentine government has decided to restrict beef exports for a 15-day period seeking to stem the rise of prices in the domestic market. The decision was confirmed by Cabinet Chief Jorge Capitanich and sparked criticism by business leaders in the sector with some voices saying the strategy will have “no positive effects.”
European investors holding 5.2 billion dollars of restructured Argentine bonds are negotiating the removal of the Rights Upon Future Options (RUFO) clause that Argentina claims prevents them from negotiating with holdout funds, it was reported in the Buenos Aires media.
US District Judge Thomas Griesa declared on Thursday 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.
During the upcoming Antarctic season, from November through March, 36,545 tourists are expected to visit, according to estimates compiled by the International Association of Antarctica Tour Operators (IAATO). That’s a slight dip from the 37,405 who visited in 2013-14, which was a 9 percent increase from the previous year.
Anticipating what seems an imminent order of contempt-of-court by US Judge Thomas Griesa following Argentine President Cristina Fernández decision to push a bill to change the payment jurisdiction to Buenos Aires, Cabinet Chief Jorge Capitanich pointed out that as a “sovereign country” Argentina cannot end up in contempt despite Griesa’s warnings.
The Royal Navy man-o-war on which Argentina formally surrendered the island of South Georgia during the 1982 Falklands War began its final journey on Wednesday before being scrapped. HMS Plymouth could not be saved despite years of attempts to find a permanent home for the frigate.
The University of La Plata, province of Buenos Aires, is setting up a Malvinas Institute that will specialize in 'sovereignty policies' research, as part of the Political Sciences department. The new research and extension center will be located in a former military barracks in downtown La Plata which was ceased to the university.
The US Federal Reserve hinted that a surprisingly strong jobs market recovery could lead it to raise interest rates earlier than it had been anticipating. At the same time, most Fed officials wanted further evidence before changing their view on when rates should rise, according to the minutes from the central bank's July 29-30 meeting.
- Argentina back-steps on applying 'anti-terrorism' law on a US company
- Italian bondholders' representative supports Argentina decision to change debt's jurisdiction
- Cristina Fernandez blasts those who invest in the 'illegal currency' (US dollar)
- The 'blue' dollar ended trading on Wednesday at 13.55 Argentine Pesos
- Red tide devastates mussel growing and canning industry in Galicia
- Argentina gambling industry tycoon closes Miami casino for a year
- Citi tells Griesa its banking license in Argentina is at risk because of the 'holdouts case'
- Dilma admits many problems plague Brazil but refuses to talk about corruption in her party