Argentina

Argentina
Saturday, March 28th 2015 - 09:47 UTC

Falklands' conflict hypothesis: Argentine Mirages are banned from flying on cloudy days

“We have no conflict hypothesis. We are programmed for a defense policy based on the development of our capabilities”, said Rossi

The Argentine government and media agree that the country does not have the military capacity to attack the Falkland Islands as feared by Britain. A report in daily La Nacion points out the Argentine armed forces lack landing crafts, troop transport vessels and even the Mirage fighter planes are banned from flying on cloudy days because of repeated problems with their instruments.

Friday, March 27th 2015 - 09:04 UTC

Argentine appeals court dismisses Iran-case accusation against Cristina Fernandez

Judges Eduardo Freiler and Jorge Ballestero voted to throw out the criminal complaint while Judge Eduardo Farah argued that the case should be investigated further.

Argentina's First Court of the Buenos Aires City Federal Appeals Court dismissed late prosecutor Alberto Nisman’s accusation that claimed President Cristina Fernández and other top officials had tried to negotiate impunity for the alleged Iranian masterminds of the 1994 AMIA Jewish community centre bombing.

Friday, March 27th 2015 - 08:46 UTC

European clearing houses close trading bridges on Argentine law bonds

The decision was part of Argentina's decade long court battle with holdout investors seeking some 1.33 billion plus interest from Argentina.

Clearing houses Euroclear and Clearstream have closed trading bridges on some 9.4 billion of Argentine bonds issued under the country's law. The action will prevent Euroclear customers from settling their trades with Clearstream clients and vice versa, but will not affect trading between customers belonging to the same clearing company, the same source said.

Friday, March 27th 2015 - 07:23 UTC

Argentina denies purchase of Russian aircraft but admits the Chinese option

The Argentine minister pointed out that Russia's Su-24 were never under consideration since they are “absolutely inaccessible in terms of value”

Argentina 'never had in consideration' the possibility of purchasing fighter aircraft from Russia, such as the Sukhoi Su-24, to replace the aging French Mirages to be decommissioned by the end of the year, said Defense minister Agustín Rossi.

Thursday, March 26th 2015 - 09:30 UTC

Timerman rejects Iran cover-up claims and again supports the MoU signed with Teheran

Timerman considered prosecutor Nisman’s report was “really made up” in order to “attack the president, myself and (lawmaker Andres) Larroque.”

Argentina's Foreign Minister Hector Timerman has rejected the cover-up accusations made by Alberto Nisman before the AMIA special prosecutor was found dead in his Buenos Aires City apartment more than two months ago under unclear circumstances.

Thursday, March 26th 2015 - 08:22 UTC

Griesa blocks Euroclear from processing any Argentina bonds payments

 Griesa, also said that Euroclear has to notify the hedge funds of any transfers of Argentine bonds and identify the parties involved.

New York judge Thomas Griesa on Wednesday barred Euroclear, the giant Belgium-based financial clearing and settlement house, from processing any debt payments by Argentina. In the newest step tightening Buenos Aires' avenues for avoiding paying off hedge funds on their bonds, Griesa forbade Euroclear from processing “any payments received from any source” in respect to Argentine bonds.

Thursday, March 26th 2015 - 08:02 UTC

Falklands reassured by UK commitment to defense and by House support

“It is reassuring to know that Her Majesty’s Government remains committed to the defense of our Islands and our home”, said MLA Dr. Elsby

The Falkland Islands elected Legislative Assembly welcomed the statement of Secretary of Defense before the House of Commons and said it was reassuring that the UK government remains committed to the defense of the Islands, and equally significant the strong support received by the secretary from members of Parliament.

Thursday, March 26th 2015 - 07:48 UTC

Falklands' defense expenditure increase' will be taken before the UN, says Argentina

“Argentina has no interest in being involved in an armed conflict” with nobody, but insists UK must comply with the forty UN resolutions, said Timerman

Argentina will take the United Kingdom before the United Nations Decolonization Committee following London's announcement it was increasing expenditure on the Falkland Islands defense, said Foreign minister Hector Timerman on Wednesday.

Wednesday, March 25th 2015 - 07:30 UTC

New York Court of Appeals delays decision on Argentina's contempt of court

Judge Griesa moved against Argentina due to its refusal to pay 1.35 billion dollars plus interest and penalty charges to the hedge funds

The New York Court of Appeals has decided to push back its decision on Argentina for another week, as the Cristina Fernandez administration seeks to overturn the contempt ruling imposed by judge Thomas Griesa in the ongoing conflict against holdout investors.

Wednesday, March 25th 2015 - 06:53 UTC

Pro and against Kirchner rallies on 29th anniversary of 1976 military coup

“We continue to demand that the wall of silence is broken in order to find our grandchildren” said Plaza de Mayo Grandmothers leader Estela de Carlotto

Human rights, political and social organizations commemorated on Tuesday 24 March the 29th anniversary of the military dictatorship that killed anywhere from 9.000 to 30,000 people, marking the beginning of one the darkest period in Argentina's modern history.

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