Argentina

Argentina
Thursday, October 2nd 2014 - 06:59 UTC

Head of Mormons in Argentina kidnapped and robbed in Buenos Aires

The incident took place last Friday and apparently motivated the US embassy warning about crime in Argentina, blasted by Cristina Fernandez

The head of the Mormon Argentina Buenos Aires West Mission, US citizen David Paul Robertson, was kidnapped, robbed, and finally released by armed men that attacked him while he was driving in Ciudadela, in Greater Buenos Aires.

Wednesday, October 1st 2014 - 21:28 UTC

Industrial production in Argentina declines for the 13th consecutive month

Car production was the hardest hit with production plummeting 34.6% compared to August 2013 and 7.5% from July

Argentine industrial output fell 2.3% in August compared to a year ago and 2.8% in the last twelve months in non seasonally adjusted terms according to a report from the Ministry of Economy.

Wednesday, October 1st 2014 - 08:09 UTC

US calls on Argentina “to normalize relations with all bondholders”

“By making this deposit, Argentina confirms once again its unshakeable commitment to meet its obligations to bondholders” said the Argentine ministry

While the US State Department again called Tuesday on Argentina 'to normalize relations with all its bondholders’, the government of President Cristina Fernandez deposited a 161 million dollars bond interest payment with a newly appointed local trustee on Tuesday, defying a U.S. judge who held Argentina in contempt of court on Monday for taking illegal steps to meet its debt obligations.

Wednesday, October 1st 2014 - 07:42 UTC

Argentine president claims the US wants her removed: “if something happens to me, look North”

“If something happens to me, look north. Not east” warned the President who also blasted the ruling by US Federal ('municipal' and 'senile') judge Griesa (Pic Telam)

Argentine president Cristina Fernandez defiantly claimed on Tuesday that financial, industrial and local political groups together with outside support want to remove her from office, and warned that “if something happens to me, don't look to the Mid East, look North” in clear reference to the United States.

Wednesday, October 1st 2014 - 07:30 UTC

CFK targets US interim ambassador for 'provocative' report on crime in Argentina

”We know who wrote the warning: the same person who announced the country was in default,” CFK said, referring to Kevin Sullivan

Argentine President Cristina Fernández. CFK, questioned the warning message issued on Tuesday by the US Embassy in Buenos Aires, saying it is “in line” with anti-government media, and seriously doubting interim ambassador in Buenos Aires Kevin Sullivan’s intentions with the note.

Wednesday, October 1st 2014 - 07:15 UTC

US embassy releases scathing report on crime in Argentina

US citizens in Argentina always be aware of surroundings, maintain a high level of vigilance, and take appropriate steps to enhance personal security

Amid an ongoing dispute between the Argentine government and the US judiciary over the legal battle with holdout creditors, the US Embassy in Buenos Aires has issued a warning message for US citizens living in Argentina or about to travel to the country.

Wednesday, October 1st 2014 - 07:10 UTC

In Buenos Aires City, 275.000 people live in shantytowns, says human rights report

The report estimates that of the three million residents living in the city, 500,000 of them have not resolved their housing situation.

The population in Buenos Aires’ City shantytowns increased to 275,000 from 163,000 people during the last four years while City Hall’s budget for social housing fell to 2.1% this year, the City’s Human Rights Observatory (ODH) reported.

Wednesday, October 1st 2014 - 07:05 UTC

China's reiterates support for Argentina in sovereign debt and Malvinas issues

Ambassador Yang Wanming said following president Xi Jinping recent visit to Argentina, the two countries now have an 'integral strategic' association

Beijing's new ambassador before the Argentine government underlined the excellent relations between the two countries and reiterated China's support to Argentina in the issue of sovereign debt and claims over the Falklands/Malvinas Islands.

Tuesday, September 30th 2014 - 22:50 UTC

Argentina/China trade forecasted to boom in Yuan-denominated operations

Argentine companies have been able to import products paying directly in Yuan for several months, said Argentine/China chamber CEO Fernandez Taboada

Trade between Argentina and China could see a rise in Yuan-denominated operations after the bilateral currency swap deal that was sealed earlier this year, according to key leaders of the Sino-Argentine business community in Buenos Aires.

Tuesday, September 30th 2014 - 07:00 UTC

Cristina Fernandez claims US is responsible for Judge Griesa's decision

The Argentine president said Griesa's decision is in violation of international law and the UN and OAS charts (Pic Telam)

President Cristina Fernandez said US Judge Thomas Griesa decision to declare Argentina 'in contempt of court' in the dispute with speculative funds, was in violation of international law, the UN chart and the OAS (Organization of American States) chart.

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