Argentina

Argentina
Tuesday, July 22nd 2014 - 08:02 UTC

“Calamitous” state of Argentine Armed Forces equipment

 The icebreaker Irizar caught fire in 2007 and is still in dry dock

Argentine investigative reporter Jorge Lanata, loathed by the current government of president Cristina Fernandez for his disclosure of the close business links of certain unscrupulous entrepreneurs (or most probably straw-men) who have become millionaires during the Kirchner years, has now exposed the 'calamitous' state of the Argentine armed forces equipment.

Tuesday, July 22nd 2014 - 06:49 UTC

Argentina again requests stay ruling from Judge Griesa to pay restructured bondholders

 Griesa meets on Tuesday with financial institutions to clarify how to enforce ruling requiring payment to restructured bondholders in Euros and sterling.

Argentina asked U.S. judge Thomas Griesa on Monday to put on hold an order requiring it to pay bondholders who did not participate in debt restructurings following the country's 2002 default, while it seeks a “global resolution.”

Monday, July 21st 2014 - 07:38 UTC

Ten hectic days await Argentina, and a possible second default in 12 years

Cristina Fernandez refuses to dialogue with holdouts

Ten hectic days ahead for Argentina since come 30 July and no agreement has been reached at the New York court of Federal Judge Thomas Griesa, (full payment plus accrued interests to holdout speculative funds) the country would be forced to a second default in twelve years with all the political consequences for Cristina Fernandez and Mercosur.

Monday, July 21st 2014 - 06:39 UTC

“An intense week” of negotiations in a world that “becomes multi-polar again”

President Cristina Fernandez underlined the 'magnificent opportunities' born out of the visits from Russia and China leaders

President Cristina Fernández used her Twitter account on Sunday to comment on last week’s heavy agenda with the visit of Russia’s and China’s presidents and the BRICS-UNASUR summit in Brazil. “It has been an important week for Argentina,” she said.

Monday, July 21st 2014 - 06:31 UTC

Falklands/Malvinas: strong support from China in joint declaration with Argentina

Xi Jinping and last week Putin stated their support for Argentina's Falklands claim and resumption of dialogue

Daniel Filmus head of the Argentine Foreign ministry office on Issues related to the Question of Malvinas, underlined the support from China to Argentina' sovereignty claim over the disputed Islands, which was “clearly expressed” in a joint declaration signed by Presidents Cristina Fernandez and Xi Jinping, currently on a visit to several Latin American countries.

Saturday, July 19th 2014 - 08:16 UTC

China extends a 'financial' hand to dollar and credit strapped Argentina

 Xi and Cristina Fernandez toast for a 'foundational day' in relations between Argentina and China

Argentina signed deals on Friday to borrow 7.5 billion dollars from China at a time when Buenos Aires cannot access global capital markets because of disputes over unpaid debt. Beijing also extended a three-year agreement for an 11bn swap operation between the central banks of Argentina and China.

Saturday, July 19th 2014 - 08:00 UTC

Argentine Jewish community lash out at the government over 1994 attack

”After 20 years we know more about the international connection than about the local one”, said Saieg

Thomas Saieg, the vice president of the Argentine AMIA Jewish community centre, the target of a terrorist attack which left 85 people killed back on 18 July 1994, demanded on Friday “a new trial as soon as possible to know what happened.”

Saturday, July 19th 2014 - 07:51 UTC

Pope sends message demanding justice on 20th anniversary of AMIA bombing

”Terrorism is madness. Terrorism only knows to kill; it does not know how to build. It destroys,” said Francis

On the 20th anniversary of the AMIA Jewish community center bombing, the Argentine pontiff sent a message for “justice” to Argentina’s Israeli community and relatives of the 85 victims that resulted dead in the attack.

Saturday, July 19th 2014 - 07:15 UTC

FIFA's calendar of world cups: US in 2026 and Uruguay/Argentina 2030?

The Centenario stadium where the first world Cup was played and won by Uruguay 4-2 against Argentina

Two strong favourites have emerged to host the 2026 and 2030 World Cups. The UK is hopeful that they can follow Russia 2018 and Qatar 2022 and bring the cup to the country for the first time since 1966.

Saturday, July 19th 2014 - 06:50 UTC

Italian chapter of holdouts tells Argentina it will continue to the last consequences

“Argentina must face it: the time has come for them at last to make whole the retail bondholders who it once targeted,” said Nicola Stock in the FT.

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 of President Cristina Fernandez to negotiate and warned it will keep on pursuing its interests until the last consequences.

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