Argentina asked a US judge late Friday night to maintain his order blocking payment on defaulted sovereign bonds to holdout investors until lingering questions are settled in a higher court's appeals process.
Argentine farmers will increase soy planting by almost 4% following a year of bad global crop weather. In the first soybean area estimate of the 2012/13 season, the Argentine Agriculture Ministry said 19.4 million hectares will be sown in the weeks ahead compared to 18.7 million hectares in 2011/12.
Argentina announced on Friday that the International Tribunal for the Law of the Sea proposed November 29 and 30 as the days to hold the hearings between Argentina and Ghana over the seizure of the ARA Libertad Frigate at Ghana's Tema Port.
The Argentine Navy said that repair works in the corvette ARA Espora, which has been stranded in South Africa for over five weeks “are 65% completed” and denied there were any debts pending with the German company that is responsible for the maintenance of the MEKO class corvettes as was reported earlier in the Buenos Aires press.
More bad publicity for Argentina’s official Stats office, Indec: not only are the institution’s releases on inflation taken lightly or ignored by a majority of Argentines and openly questioned by the International Monetary Fund, now the head of the office was caught driving under the influence of alcohol.
Spanish President Mariano Rajoy stated that he “would have liked” his Argentine counterpart, President Cristina Fernández to have attended the XXIIth Ibero-American summit, starting Friday in Cádiz.
By Hector Timerman - Foreign Minister Héctor Timerman underlined Argentina’s struggle against paying ‘vulture funds’ in an article written for US newspaper Huffington Post about how Latin American and Africa are affected by these funds.
The International Monetary Fund ratified on Thursday that “on December 17” it will assess the “quality of Argentine statistics, particularly those referred to inflation”, an issue over which it had already warned the administration of President Cristina Fernandez.
Argentina's Congress approved on Wednesday a new legal regulation which critics say President Cristina Fernandez could use to force a conclusion in her long-running battle with the country's biggest media group.
The Argentine government, as anticipated on Wednesday formally reported Ghana before the Tribunal for the Law of the Sea, in a bid to try to recuperate the ship that has been detained in Tema port since October 2. Argentina also announced it will demand compensation for the ‘illicit action’ losses.