The Paris Club said it would study an outline from Argentina for repaying the more than 9.5 billion dollars it owes the group of creditor nations. Argentina is eager to resolve the problem of its outstanding debt with the group in order to regain access to international capital markets from which it has been shut out since its 2002 default.
Close relatives of China’s top leaders have held secretive offshore companies in tax havens that helped shroud the Communist elite’s wealth, a leaked cache of documents reveals. As the report was released several western newspapers, news agencies and websites, some of them with the mandarin version, were hacked in China.
A meeting of the presidents from Argentina and Uruguay, Cristina Fernandez and Jose Mujica has not been agreed but is 'in the agenda' said Uruguayan foreign minister Luis Almagro following an hour long meeting with his counterpart Hector Timerman on Wednesday in Montevideo.
Container operators in the port of Montevideo are demanding from Uruguayan authorities an agreement with Argentina to recover all the transshipment activity which has been lost since November when the government of President Cristina Fernandez retaliated against Uruguay over bilateral issues.
The US dollar in the Argentine official market on Wednesday soared 23 cents to 7.125 Pesos, establishing a new record in the midst of uncertainty and frantic trading. The last time the greenback price climbed 3.4% in a single day was back in April 2002. Since the beginning of the year the Argentine peso has plunged 9% against the dollar and a year ago the dollar stood at 5 Argentine Pesos.
The suggestion that a stray sheep may have caused the road accident in the Falklands involving former Argentina and Tottenham Hotspur stars, Osvaldo “Ossie” Ardiles and Ricardo Villa was refuted on Tuesday by Ardiles’s son Federico in an interview with Mercopress in Stanley.
Argentines buying online must now submit a statement to the tax agency, AFIP, before they can receive the goods at the Post Office, as the government seeks to make such purchases more expensive and help curb capital flight.
NASA scientists say 2013 tied with 2009 and 2006 for the seventh warmest year since 1880, continuing a long-term trend of rising global temperatures. With the exception of 1998, the 10 warmest years in the 134-year record have all occurred since 2000, with 2010 and 2005 ranking as the warmest years on record.
Curitiba risks being dropped as a venue for this year's World Cup finals if work on the Arena da Baixada stadium there fails to make significant progress, FIFA secretary general Jerome Valcke said on Tuesday. Curitiba is set to host four group matches, including the meeting of holders Spain and Australia.
The International Monetary Fund has raised its global growth forecast for the first time in nearly two years, saying fading economic headwinds should permit advanced nations to pick up the mantle of growth from emerging markets.