Argentina's government ruled out further piecemeal debt talks with a small group of U.S. hedge funds (holdouts) and said the country needed to strike a deal with all bondholders including those which have rejected past restructuring agreements as a single group.
While Argentine Cabinet Chief Jorge Capitanich claimed the country was suffering “speculative attacks to systematically erode the government’s credibility and trust” the US dollar in the Buenos Aires informal market continued to climb and ended Wednesday trading 25 cents higher at 14.45 Pesos.
Foreign minister Heraldo Muñoz reiterated on Wednesday Chile's support for Argentina sovereign rights over the Falkland Islands, Georgia and South Sandwich Islands during a meeting with visiting Daniel Filmus, head of Argentina's desk relative to Malvinas and other South Atlantic Islands affairs.
Argentine president Cristina Fernandez threw her weight behind moving the capital Buenos Aires to the northern province of Santiago del Estero, an idea hitherto only pioneered by Lower House Speaker Julian Domínguez.
Argentina and Chile announced on Monday the launching of the annual naval exercise known as Viekaren (confidence in Yamana language) in the extreme south of the continent where the two countries territorial waters meet.
Billionaire Paul Singer, founder and CEO of hedge fund Elliott Management Corporation has picked up some major political muscle to press his case in the long-running debt battle with Argentina, reports the New York Post.
Argentina's Cabinet Chief Jorge Capitanich confirmed that the country's Office of the Superintendent of Financial and Exchange Institutions has revoked the authorization for the bank of New York Mellon to operate in Argentina.
Despite appeals to national unity from president Cristina Fernandez, the US dollar, Argentina's best test for confidence, climbed 22 cents to a new record in the informal market at the end of Tuesday's trading: 14.20 Pesos.
Argentina's petroleum company YPF announced the discovery of new gas and oil reserves in the province of Santa Cruz, with the potential to produce more than 200,000 cubic meters of gas and 370 barrels of oil per day at a depth of 2.770 meters.
Argentina's tax office, AFIP, Federal Public Incomes Administration president Ricardo Echegaray announced it had requested the arrest of the Donnelley board of directors for what he called playing a trick and inventing a fraudulent bankruptcy for the printing plant located in Buenos Aires province.