The government of President Cristina Fernandez accused the United Kingdom of using an alleged Argentine threat to the Falkland/Malvinas Islands in order to boost its military budget, while also claiming that the archipelago has been turned into an electoral campaign issue.
United Kingdom Defense Secretary Michael Fallon has dispelled media reports suggesting a surge in troop numbers was likely. Fallon on Tuesday outlined £180 million infrastructure spending plans, but told MPs numbers would remain at around 1,200 military and civilian personnel.
Paul Singer-controlled NML Capital said that the hedge fund, as well as other holders of Argentine debt, made a deal with Citibank regarding the legal dispute at New York courts over Argentine-law bonds.
A statement from UK Defense secretary Michael Fallon relative to the Falkland Islands' garrison is expected sometime this week, according to reports in the British media. The Falklands' military response capacity has been a matter of much ongoing debate among analysts and former officers, as Argentina allegedly is involved in increased military expenditure.
Ushuaia daily Diario Fin del Mundo recalls that 33 years ago on 19 March 1982, the Argentine navy transport vessel ARA Bahía Buen Suceso landed in South Georgia a party of workers on contract to dismantle remains of the whaling station, and on arriving raised the Argentine flag. An incident which was to lead to the full-fledged conflict the following month.
Argentina's Cabinet Chief Anibal Fernández said on Sunday that he has filed an official complaint against attorney Adrian Bastianes, who posted on Twitter a photo of the dead body of AMIA special prosecutor Alberto Nisman, to the Federal Police.
United States Judge Thomas Griesa finally authorized Citibank Argentina to process interest payments of bonds issued under Argentine law, with a payment deadline on March 31 and on June 30, and to exit its custody business in Argentina.
Argentina’s current account deficit widened 7.9% to 5.07 billion dollars in 2014 as Latin America’s third-biggest economy eked out meager 0.5% growth, official data showed. Exports fell 11.9% from 2013 to 71.94bn, hurt by low international prices for Argentine soy, wheat and corn as well as weakened demand in key trading partner Brazil, where economic growth is also stagnant.
Argentine customs officials seized cocaine worth more than one million dollars million from two crew members on a luxury cruise ship docked in Buenos Aires, authorities said. The suspects, both men, were identified only as a Croatian national and a Chilean traveling on an Australian passport.
President Cristina Fernandez warned on Friday that banks operating in Argentina must obey its laws, amid a row over Citibank's refusal to defy a US court order blocking Buenos Aires from repaying its restructured debt. At the end of the month, 31 March, Citibank as custodial has to pay Argentine restructured bonds.