US Supreme Court justices seemed to indicate on Monday that creditors should be able to seek limited information about Argentina's non-US assets in a case stemming from long-running litigation over Argentina's obligations to hedge bond investors. The US administration of President Barack Obama sided with Argentina based on the foreign sovereignty immunity act.
A high level Brazilian government delegation is scheduled to arrive in Buenos Aires on Tuesday to discuss the 'urgent' re-opening of the Argentine market for Brazilian auto exports that have dropped 32% since the beginning of the year because of unilateral decisions from the administration of president Cristina Fernandez.
President Cristina Fernández praised on Monday the work carried out by herself and late husband Nestor Kirchner during over a decade of holding the Argentine presidency, stating that she had no doubt that her successor would inherit a healthier country than in 2003.
Argentina's National Institute for Agricultural Technology (INTA) has invented a way to convert cow flatulence into usable energy, and it involves putting a plastic backpack on a cow. Livestock are responsible for a remarkable amount of global methane emissions, which are a major cause of global warming.
Argentina's Hector Timerman and Paraguay's Eladio Loizaga will be meeting Monday in Asunción to address among other issues the three times delayed Mercosur summit, which should take place in Venezuela, and must be decided before next June when the group's six-month chair again rotates.
Notorious Argentine barras bravas football hooligans can travel to the World Cup without intelligence being passed on beforehand to hosts Brazil, a court has ruled. The court in Buenos Aires said that the Argentine government is not allowed to tell another country personal information about its citizens, a lawyer for the United Argentine Fans (HUA) supporters' group said on Wednesday.
Argentine Federal magistrate Luis Rodríguez has ordered Supreme Court accountancy experts to prepare a report on the 2012/13 Antarctic campaign including two tenders and extraordinary expenses all of which involving an estimated 30 million pesos, approximately 4 million dollars.
Argentine President Cristina Fernández congressional group, 'Victory Front' submitted a bill in the Lower House to regulate street protests in a move that seeks to “guarantee and reinforce” the rights of citizens forced to deal with roadblocks and traffic chaos. The project bans the carrying of weapon by security forces during demonstrations too.
Argentina's central bank purchased 390 million dollars, one of the largest operations in years, as part of its policy to keep the price of the greenback in the local market stabilized after months of distortions and a run on the bank's international reserves that dropped to a new low in the last twelve months.
Fiat Argentina's CEO Cristiano Rattazzi compared inflation in Argentina with that of Venezuela and Sudan and called on the government of President Cristina Fernandez to bring it down to one digit and help stabilize production costs and exports.