Kicillof blasts 'speculators' for promoting a run from the Peso to the US dollar

”When people get frightened, they don’t invest the same way. If people believe there will be devaluation, a foreign market slowdown, they won’t invest” ”When people get frightened, they don’t invest the same way. If people believe there will be devaluation, a foreign market slowdown, they won’t invest”

Argentina's economy minister and central bank governor came out strongly to warn the “devaluation club” and speculators in the foreign exchange market who allegedly are pushing the value of the US dollar and sinking the local Peso.

Argentina asks if Iran nuke-deal includes delisting Iranian wanted in major bomb attack in Buenos Aires

Argentina is concerned with a news report saying the secret deal included EU's consent to remove ex-Iran Defense Minister Ahmad Vahidi from sanctions list.Argentina is concerned with a news report saying the secret deal included EU's consent to remove ex-Iran Defense Minister Ahmad Vahidi from sanctions list.

Argentina's foreign minister is asking U.S. Secretary of State John Kerry and European Union Foreign Affairs representative, Federica Mogherini to clarify whether Washington's nuclear deal with Iran includes removing from Interpol's list an Iranian wanted in a major bomb attack in Buenos Aires that took place in 1994 and remains u...

UN committee agrees on nine principles for restructuring sovereign debts

“This constitutes a historic moment when it comes to resolving the issues of foreign debt restructuring,” said Llorenti, chair of the UN ad hoc committee“This constitutes a historic moment when it comes to resolving the issues of foreign debt restructuring,” said Llorenti, chair of the UN ad hoc committee

A United Nations committee, after six months work, on Tuesday, unanimously adopted a “historic” report that establishes nine principles for restructuring sovereign debt, the committee's chair Sacha Llorenti of Bolivia told reporters.

S&P warns Brazil could lose investment-grade rating as economic slippage continues

The statement sent Brazil's currency tumbling and is a setback to Finance Minister Joaquim Levy's efforts to win back investor confidenceThe statement sent Brazil's currency tumbling and is a setback to Finance Minister Joaquim Levy's efforts to win back investor confidence

Standard & Poor's on Tuesday said Brazil could lose its coveted investment-grade rating in the coming year if fallout from a number of corruption investigations further stymies economic growth and the implementation of austerity measures.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement