Argentina

Monday, September 8th 2014 - 06:35 UTC
China aids Argentina: a billion dollars in Yuan pledged by end of the year

Argentina's central bank chief, Juan Carlos Fabrega, met his Chinese counterpart Zhou Xiaochuan in Basilea, Switzerland on Sunday to discuss how a currency swap worth billions of dollars will be put into action, the Argentine monetary authority said.
Monday, September 8th 2014 - 05:36 UTC
Fifty years since Falklands incursion and landing by Argentine light aircraft

This Monday is the fiftieth anniversary of an odd stunt by Argentine Cessna pilot Miguel Fitzgerald who landed his light aircraft on the Stanley racecourse, left a note of protest about the ‘illegal’ British occupation of the Falkland Islands, handed an Argentine flag to a bemused bystander, and flew away again.
Saturday, September 6th 2014 - 07:11 UTC
Argentina opens hake quota reallocation period for the rest of the year

Argentina's Federal Fisheries Council (CFP) has reassigned hake (Merluccius hubbsi) catches for the remainder of the year. According to Resolution 8/14, published in the Official Gazette, the vessel owners that considered themselves unable to capture the entire allocated hake quota, can partially return it to a reserve fund for future reallocation.
Saturday, September 6th 2014 - 07:04 UTC
Is the controversial 'squid war' with Argentina reignited?

The Falkland Islands Fisheries Department has reported this year that squid fishing generated the largest annual capture since records began, representing a major boost to the Islands economy.
Saturday, September 6th 2014 - 06:36 UTC
Argentina and holdouts again disagree before Pollack; end of September another deadline

Argentina still has “unresolved” issues preventing a settlement with bondholders suing the country for repayment after not participating in the country's restructurings following its 2002 default, a court-appointed mediator said Friday.
Saturday, September 6th 2014 - 03:14 UTC
Argentina says creditors willing to swap bonds; holdouts warn about “contempt of court”

Argentina's Cabinet Chief Jorge Capitanich said on Friday that “many” creditors are willing to accept a change in payment location to collect their money as the ongoing legal dispute with the holdouts continues to endanger the country's international credit and reputation.
Friday, September 5th 2014 - 07:47 UTC
Argentine Senate approves bill changing debt payment jurisdiction; next step Lower House

Argentina's Senate on Thursday passed a bill aimed at circumventing U.S. court decisions regarding its defaulted debt by changing payment jurisdiction, sending the proposal to the lower house Chamber of Deputies for final approval. The chamber, like the Senate, is controlled by government allies who are expected to vote the bill into law.
Friday, September 5th 2014 - 07:33 UTC
NML Capital subpoenaed 18 banks in search of embezzled Argentine funds

NML Capital Ltd, a creditor suing Argentina in the U.S. courts for full payment on defaulted debt, subpoenaed 18 banks last week in an effort to track down 65 million dollars in what it says is embezzled Argentine money laundered through the United States.
Friday, September 5th 2014 - 03:28 UTC
Falklands' GDP 'volatile' because of fisheries and oil and gas exploration

Recently released data shows that the Falkland Islands Gross Domestic Product (GDP) continues to be volatile: expanding considerably during some years and shrinking in others. For example, 2012, a year of intense hydrocarbons activity the per capita for a population of 2.562, in the books soared to £77.400.
Thursday, September 4th 2014 - 06:04 UTC
Malvinas: Argentina recalls fifty years since Falklands claim statement before C24

Argentina will be launching on Thursday, 4 September the book “Argentine sovereignty in Malvinas; 50 years since Ambassador Ruda's statement” which recalls the half century since the presentation by then Ambassador Jose Maria Ruda before the United Nations Special Decolonization Committee, or C24.