Tag: Argentina

Friday, February 12th 2016 - 06:40 UTC

French president's visit to Argentina and Uruguay could include defense deals

Hollande will be visiting Peru, Argentina and Uruguay with a delegation of over a hundred industry and finance leaders

French president Francois Hollande is scheduled to visit Peru, Argentina and Uruguay in the last week of February, and in a display of Gallic diplomacy expects to promote trade, investments and French interests in the region.

Wednesday, February 10th 2016 - 07:24 UTC

Argentina still has uphill battle with holdouts: a stay of pari-passu is next round

Recently elected President Macri has taken a more conciliatory approach to the litigant funds, because of the need to regain access to vital hard currency funding.

While investors cheered progress on last week's arduous negotiations in New York between Argentine government officials and litigant investors, the administration of president Mauricio Macri still faces an uphill battle as it works to bring other holdouts on board.

Wednesday, February 10th 2016 - 07:16 UTC

US Treasury's strong support message for Argentina's litigation with holdout funds

The statement said Lew “echoed Pollack’s strong hope that all creditors will be able to resolve their differences and reach Agreements in Principle with Argentina.”

The United States gave another sign of support for Argentina’s economic policies as US Treasury Secretary Jacob Lew spoke on the phone with Finance Minister Alfonso Prat-Gay, striking an optimistic tone regarding the settlement offer made to the holdout funds in New York.

Wednesday, February 10th 2016 - 07:10 UTC

Three letters from Macri to Ban Ki-moon; possible summit with Obama in New York

In one of the letters president Macri confirms he will be at the United Nations on 22 April for the signature of the Paris agreement on climate change.

Argentina's foreign minister Susana Malcorra met on Tuesday in New York with United Nations Secretary General Ban Ki-moon and delivered three letters from president Mauricio Macri.

Wednesday, February 10th 2016 - 02:33 UTC

Falklands: Back to the future, why the 'new approach' from Argentina is completely missing the point

“We are not a commodity to be traded between two nations; we are a people, we have a home, and we have the universally-recognised human right to determine our own political future”.

By the Honourable Mike Summers, OBE (*) - Over the weekend of the 6th and 7th February, the press in Argentina reported that the Government of Argentina (GoA) was going to change its approach to its treatment of the Falkland Islands, its relationship with the United Kingdom and how it intends to “resolve the Falklands question”

Friday, February 5th 2016 - 08:22 UTC

Strong support message from S&Ps for Argentina's economic reforms

“We are raising our long-term unsolicited local currency rating to 'B-' from 'CCC+'. Likewise transfer & convertibility (T&C) assessment to 'B-' from 'CCC-'.

Standard & Poor's ratings agency says that Argentina’s new administration has presented a credible plan to deal with long-standing macroeconomic imbalances, eliminated foreign-exchange restrictions, and begun negotiations with its holdout creditors. The outlook on the local currency rating is stable, reflecting the new economic policies of the Administration, but also the potential difficulties in passing and implementing those plans.

Friday, February 5th 2016 - 08:15 UTC

Ushuaia has received 58.000 cruise visitors since 15 September; “Queen Mary” expected next week

The largest number of visitors was concentrated in January, with an estimated 25.000, and this weekend promises to be equally busy with 10.000 passengers.

An estimated 58,000 cruise visitors have landed in Ushuaia, extreme south of Argentina during the current 2015/16 season which took off last 15 September, according to the Tierra del Fuego Tourism Institute. The largest number was concentrated in January, with an estimated 25.000, and this weekend promises to be equally busy with several vessels calling with 10.000 passengers.

Friday, February 5th 2016 - 07:35 UTC

Argentina's main opposition force will attempt unity with party elections on May 8

“It’s important that the people don’t resign themselves to a lower quality of life,” said former Victory Front (FpV) presidential candidate Daniel Scioli

Argentina's main political force, Peronism, under the Justicialista party banner, announced that the party's elections will be held on 8 May, while the members of the electoral board set to oversee the election would be chosen during a meeting in Buenos Aires on February 24.

Friday, February 5th 2016 - 06:40 UTC

Argentine government creates registry to weed out hooligans from football

 Fans involved in violent instances in the past will be placed on a list that includes full names, DNI number, favoured teams and reason for the measures

The Argentine government officially unveiled the National Registry for Admission to Football Matches. The measure was announced by the Security Ministry, which released a statement saying they “needed the cooperation from the clubs affiliated with the Argentine Football Association (AFA), who will bring us the names of the people who are not allowed to attend soccer matches.”

Friday, February 5th 2016 - 06:27 UTC

Chilean government condemns vandalism by fans at Malvinas Memorial in Rosario

Ambassador Jose Antonio Viera-Galo received the director of the Flag Monument, Hernan Colautti and war veterans to whom he delivered the official letter

The Chilean ambassador in Buenos Aires met with Malvinas war veterans and the head of the National Monument to the Flag in the city of Rosario, and delivered an official letter condemning the violent actions and destruction by fans from the University of Chile football team against a Memorial to the Malvinas fallen.


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