As it did in Nevada and California, a unit of billionaire Paul Singer's Elliott Management, which is Argentina's main holdout creditor, is extending its legal fight with the country to China. NML Capital served subpoenas this week to Bank of China (BOC) and Industrial and Commercial Bank of China (ICBC) in an effort to obtain information on 6.8bn dollars in financing for deals signed by the two countries in July.
Argentine Economy minister Axel Kicillof left Buenos Aires on Thursday for Brazil, where he will meet with fellow ministers from the country to discuss the current situation of bilateral trade and the automotive industry.
The British Embassy in Chile together with the Metropolitan Public Transportation Department (DTPM) and the consultant company Sistemas Sustentables Ltd., Chile hosted the workshop ‘Improving bus technology within the public transport system of Santiago’.
Argentine cabinet chief Jorge Capitanich downplayed the success and support of Thursday's strike and stressed that the income tax, one of the key points in the protest only reaches 10.4% of workers and criticized radical groups for supporting those who earn most
Argentina's Labor minister Carlos Tomada said that it is not a government’s priority to discuss the modification of the income tax or re-opening wage talks, as dissident unions demanded during a general strike on Thursday which partially paralyzed Buenos Aires city since several transport unions joined the stoppage.
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.
A surging Marina Silva took Brazilian president Dilma Rousseff to task in an election debate Tuesday night when she touted her government's achievements in improving social conditions and defending wages in the midst of global economic crisis.
British Composer award winner Simon Dobson’s latest high profile collaborative project will be heard at Queen Elizabeth Hall in London in October, with the premiere of a new restoration of one of the most significant films about the First World War.
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.