Argentina

Argentina
Tuesday, April 12th 2016 - 08:30 UTC

Hero's welcome for Cristina Fernandez in Buenos Aires, where she faces first court investigation

 Flanked by police and illuminated by camera flashes, CFK smiled and waved at thousands of sympathizers who encouraged her with banners and chants

Supporters of former President Cristina Fernandez gave her a hero's welcome Monday night at a Buenos Aires metropolitan airport before she faces a court over her possible role in an alleged scheme to manipulate Argentina's currency.

Monday, April 11th 2016 - 06:46 UTC

Cristina Fernandez to be questioned in money laundering investigation; militants organizing support march

Reacting to the request by Marijuán to include Cristina Fernández de Kirchner in the investigation members from the Victory Front (FpV) rallied around the ex president and accused the courts of persec

A Prosecutor decided on Saturday that former President Cristina Fernández de Kirchner must be included in a money laundering investigation following the testimony given by whistleblower Leonardo Fariña before Judge Sebastian Casanello on Friday.

Monday, April 11th 2016 - 05:46 UTC

Argentina ready to formally join the IMF fold; Prat-Gay to meet Lagarde this week

 Prat-Gay will attend the IMF-World Bank summit in Washington DC and is expected to discuss the issue with IMF head Christine Lagarde.

Argentina will start discussions with the International Monetary Fund (IMF) this week on its first Article IV review in a decade, Finance Minister Alfonso Prat Gay said at a conference held by the Institute of International Finance (IIF) in Nassau. “Next week we are going to have a discussion (with the IMF) to agree on an actual schedule for the next Article IV evaluation, which will happen sometime around September,” Prat Gay told the audience on Sunday.

Saturday, April 9th 2016 - 16:39 UTC

Argentina begins next Monday road-show in UK and US to raise US$ 15bn

Excluded from foreign credit markets since a default in 2001, Argentina has made peace with litigant investors under the administration of president Mauricio Macri.

Argentine representatives will begin meeting investors Monday as the country returns to the international bond market for the first time in 15 years, it was announced by Economy minister Alfonso Prat-Gay from Bahamas, where he is attending the Inter American Bank annual assembly.

Saturday, April 9th 2016 - 15:21 UTC

Argentine judge will certify Macri's assets' statement; president pledges blind trust

Lawyer Felipe Llerena representing president Macri delivered a writ before the Civil Appeals Court in Buenos Aires.

Argentine president Mauricio Macri on Friday requested a court to certify his declaration of assets in order to clear up any doubts following the surfacing of his name in a couple of offshore companies, according to the so called Panama Papers. Lawyer Felipe Llerena presented a writ before the Civil Appeals Court in Buenos Aires.

Wednesday, April 6th 2016 - 08:19 UTC

Ex Transport Secretary involves Nestor and Cristina Kirchner in purchase of out of service trains

Jaime gave a long list of high profile names as the spoke before Federal Judge Julián Ercolini on the operation involving second hand carriages and engines

Discouraging week for the Kirchner family and followers, despite the fact that he name of their main political enemy, Mauricio Macri, has cropped up in the Panama Papers. Not only Lazaro Baez, the dominant public works contractor in Santa Cruz province, and believed to be a straw man for the Kirchner family has been arrested and faces questioning on a money laundering investigation, but also former Transport Secretary Ricardo Jaime implicated the Kirchner couple and a former minister in a multimillion purchase of damaged railway materials.

Wednesday, April 6th 2016 - 08:03 UTC

Kirchnerite businessman arrested; faces charges of money laundering and fiscal fraud

Lazaro Baez in the good old times with some influential friends, Nestor and Cristina Kirchner

An Argentine powerful public works contractor from the province of Santa Cruz and close associate of the Kirchner family, Lazaro Baez was arrested on Tuesday afternoon when he arrived in his private Lear Jet to a Buenos Aires airport. Considered one of the wealthiest men in the southern province, political turf of the Kirchner family, and with an 'unrivaled' talent for business, Baez is a main suspect of an investigation into alleged money laundering.

Tuesday, April 5th 2016 - 17:54 UTC

Gibraltar and Falkland Islands governments joint statement on Spain and Argentina comments

“The two Foreign Ministers have displayed a remarkable lack of knowledge about the complexities and the differences between Gibraltar and the Falkland Islands”

Gibraltar and Falkland Islands flatly deny any “colonial situations” as was referred to by the foreign ministers of Spain and Argentina, and regret profoundly that two large countries with democratic credentials “seek to gang up to bully two very small territories and in the process completely ignore the right of their people to choose what they want to be”.

Tuesday, April 5th 2016 - 06:47 UTC

Argentina and Spain agree to re-launch closer political and trade relations

García-Margallo underlined the decision to renew the strategic association between the two countries.

Argentina and Spain have decided to re-launch bilateral mechanisms that have been “asleep” for too long, promoting political and trade relations, said Argentine foreign minister Susana Malcorra who on Monday met with her visiting Spanish peer, Jose Manuel García/Margallo.

Tuesday, April 5th 2016 - 06:06 UTC

Macri admits he was member of family offshore society, but it was reported to the Argentina tax office

According to Macri, Fleg Trading Ltd., registered in Bahamas, “was declared before the Argentine DGI tax agency.”

Argentine President Mauricio Macri came on stage on Monday to defend himself as he is one of the world leaders to appear as director of an offshore society in the so called “Panama Papers” leak that triggered a worldwide scandal.

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