Argentine President Cristina Fernández praised on Tuesday the United Nations General Assembly approval of a project that proposes legal framework to regulate restructuring of foreign sovereign debt, saying “Argentina has set an international leading case” with the initiative.
The United Nations General Assembly voted overwhelmingly on Tuesday in favor of a legal framework that would help regulate restructuring of foreign sovereign debt, a project that was suggested by the Argentine government and presented before the assembly by the Group of 77 plus China.
The World Bank Group’s (WBG) Executive Directors discussed a new Country Partnership Strategy (CPS) for Argentina covering fiscal years 2015-2018 with financial commitments over the period expected to be in the range of 1 to 1.2 billion dollars per year plus 1.7bn for the private sector.
Sea levels around Antarctica are rising faster than anywhere else in the southern ocean. The global average rise in ocean heights in the last 19 years has been 6cms, but the rise in seas around Antarctica is 2cms higher.
Foreign minister Hector Timerman and Malvinas affairs Secretary Daniel Filmus, made the official presentation of the book “Malvinas Argentine sovereignty; 50 years since ambassador Ruda's speech” which recalls the fiftieth anniversary of the first Argentine presentation on the question of the Malvinas Islands before the UN Decolonization Committee, or C24.
Argentina's central bank chief, Juan Carlos Fabrega, met his Chinese counterpart Zhou Xiaochuan in Basilea, Switzerland on Sunday to discuss how a currency swap worth billions of dollars will be put into action, the Argentine monetary authority said.
This Monday is the fiftieth anniversary of an odd stunt by Argentine Cessna pilot Miguel Fitzgerald who landed his light aircraft on the Stanley racecourse, left a note of protest about the ‘illegal’ British occupation of the Falkland Islands, handed an Argentine flag to a bemused bystander, and flew away again.
Argentina's Federal Fisheries Council (CFP) has reassigned hake (Merluccius hubbsi) catches for the remainder of the year. According to Resolution 8/14, published in the Official Gazette, the vessel owners that considered themselves unable to capture the entire allocated hake quota, can partially return it to a reserve fund for future reallocation.
The Falkland Islands Fisheries Department has reported this year that squid fishing generated the largest annual capture since records began, representing a major boost to the Islands economy.
Argentina still has “unresolved” issues preventing a settlement with bondholders suing the country for repayment after not participating in the country's restructurings following its 2002 default, a court-appointed mediator said Friday.