Argentine Interior Minister Florencio Randazzo assured on Friday that it's not the Senate's prerogative to designate the Central Bank Governor, and informed that their only task is to check whether the person appointed by the Executive is suitable for the seat or not.
Argentina will make an offer to restructure the 20 billion US dollars of defaulted debt by the end of this month, Economy Minister Amado Boudou said on Friday.
Argentina's president defiantly vowed on Thursday to tap billions of dollars in foreign currency reserves to pay debt, in spite of Congress and the Judiciary, but also appealed a court order blocking her latest attempt to use the funds.
Argentina’s central bank interim chief seems condemned to be the first victim of the political clash between the Executive and Congress over the government’s use of central bank reserves to pay maturing debt in 2010.
The Washington Post published this week an editorial on the current Falkland Islands situation arguing that “you know that an Argentine leader must be in political trouble” if the subject of the South Atlantic Islands comes up again.
Argentina’s opposition senators on Wednesday won majority control of all the chamber’s committees, undermining President Cristina Fernandez’s de Kirchner’s ability to pass legislation more than two years after she took office.
After a long judicial battle two men married on Wednesday in Buenos Aires City in what was Argentina's second gay marriage, a rights group confirmed.
Downing Street has rejected an offer from the United States to help the UK and Argentina resolve their latest dispute over the Falkland Islands. US Secretary of State Hillary Clinton made the offer after renewed tensions were triggered with the beginning of a round of exploratory oil drilling in the Islands’ waters.
Argentine president Cristina Fernandez de Kirchner formally requested visiting Secretary of State Hillary Clinton that the United States act as intermediate in the Argentine-United Kingdom Falkland Islands dispute.
President Cristina Fernandez revoked on Monday a controversial “necessity and urgency” decree to tap 6.6 billion US dollars in foreign reserves from the Central Bank to pay debt replacing it with two new decreed to tap about 4.38 billion USD and 2.18 billion USD to pay private and multilateral creditors (World Bank).