Argentina

Argentina
Wednesday, August 13th 2014 - 06:08 UTC

Argentine Church concerned with employment and redundancy conditions

“Bishops are concerned with employment instability, redundancies, suspensions and the closure of factories”, said Jorge Oesterheld

The Argentine Episcopal Conference expressed deep concern on Tuesday about employment, redundancies, closure of factories, as well as with crime and drugs. The Conference's standing committee met with delegates from the different regions to address the pastoral situation and later a review of socio-economic conditions.

Wednesday, August 13th 2014 - 05:46 UTC

Larishka sniffs 86.000 dollars from car heading of a ferry to Uruguay

The ferry was only 15 minutes from departure when the dog found the 86.500 dollars in one of the engine's filters

Agents working for Argentina's Federal Public Incomes Administration (AFIP), with a little help from Larishka the dog, found 86,500 dollars hidden by an Argentine who was trying to leave the country for Uruguay.

Wednesday, August 13th 2014 - 05:28 UTC

Finally Cristina Fernandez is on an official visit to Paraguay

The Argentine president will be returning Triple Alliance war trophies: furniture and other belongings from Mariscal Francisco Solano Lopez

Argentine president Cristina Fernandez arrived Tuesday evening to Paraguay to begin early Wednesday an official visit which has been delayed several times. Besides the usual agenda discussions and accords signing with her peer Horacio Cartes, the visit will also have a strong symbolism since the Argentine president will be formally returning to Paraguay furniture and other belongings from one of the country's most revered leaders, Francisco Solano Lopez.

Monday, August 11th 2014 - 07:46 UTC

Blackouts, trees and posts knocked down by gales in Ushuaia and Punta Arenas

In Ushuaia even the tourist train was blown over

Hurricane strong winds on Saturday blew roofs, knocked down lamp posts and trees and left big areas of Ushuaia, Argentina and Puntas Arenas, Chile without power according to reports from both cities in the extreme south of the continent.

Monday, August 11th 2014 - 01:54 UTC

Argentina/holdouts, a clash between 'global financial power and political power'

Supreme Court Judge Zaffaroni: the major scandal is not Griesa, a provincial judge, but the US Supreme Court

A Judge from Argentina's Supreme Court joined the ongoing battle in New York between the Argentine government and the holdouts and slashed out at the US Supreme Court for rejecting to take the case back in June. Eugenio Zaffaroni argued that the conflict must be addressed in the context of “attacks from the global financial power on political power”.

Saturday, August 9th 2014 - 07:53 UTC

US reject the ICJ as an 'appropriate venue' for addressing Argentina's debt issues

The State Department spokesperson also called on Argentina to engage with creditors to resolve remaining issues with bondholders (Pic Heffx)

A spokeswoman for the U.S. State Department said the United States would not permit the International Justice Court in The Hague to hear Argentina's claims that U.S. court decisions had violated its sovereignty.

Saturday, August 9th 2014 - 07:45 UTC

Despite warning, Kicillof again defies and again accuses Griesa of 'partiality'

 The statement from Kicillof's ministry said “Judge Griesa continues contradicting himself and the facts by saying that Argentina did not pay”

Economy ministry Axel Kicillof once again defiantly insisted Argentina has made a required debt payment on restructured sovereign bonds on Friday night, just hours after a U.S. judge threatened a contempt-of-court order if Argentina did not stop issuing such statements.

Saturday, August 9th 2014 - 07:34 UTC

Griesa warns Argentina with 'contempt' if it continues with “false and deceiving statements”

Blackman said his firm had nothing to do with the two-page ad and appealed to Griesa to consider that Argentina's default was of “immense public interest”

New York district judge Thomas Griesa on Friday threatened to declare Argentina in “contempt” of court if the Republic continues to make “false and deceiving statements,” following Argentina’s claim it has already paid exchange bondholders and has no pending obligations, as it deposited 539 million dollars in bond payments in Bank of New York Mellon (BoNY) and Citibank.

Friday, August 8th 2014 - 09:07 UTC

Argentina announces measures to prop the economy and avoid redundancies

One of the measures will be the renewal of urban bus fleets, “which should benefit 16 million people”

A day after Economy minister Axel Kicillof admitted problems with the Argentine economy, president Cristina Fernandez announced on Thursday a battery of measures to prop economic activity, open the labor market for young people, avoid redundancies and give the property market a thrust.

Friday, August 8th 2014 - 08:57 UTC

Argentina urges Obama to intercede in holdouts case: Griesa is 'interfering with US foreign policy'

“The US has to be responsible for its justice. We hope to settle this case in an international court” said Cristina Fernandez

Argentine President Cristina Fernández on Thursday urged US President Barack Obama to intercede in the dispute between Argentina and holdouts over Argentine debt, while blasting New York judge Thomas Griesa for “not making any sense”.

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