Stories for March 2015

Wednesday, March 18th 2015 - 08:07 UTC
Citigroup to exit custodial business in Argentina following ruling from Judge Griesa

Citigroup Inc announced on Tuesday it plans to exit its custodial business in Argentina as soon as possible, after a US judge refused to lift an injunction that blocked the bank from processing interest payments on 2.3 billion of Argentina bonds, issued under Argentine law.
Wednesday, March 18th 2015 - 07:57 UTC
Argentine jurist elected to head the UN Human Rights Committee

Argentine jurist Fabian Salvioli was unanimously elected on Tuesday to lead the UN Human Rights Committee. The 51-year-old lawyer will be presiding over the UN body for one year. Salvioli has been a member of the UN Human Rights Committee since 2009.
Wednesday, March 18th 2015 - 02:03 UTC
Argentine candidate anticipates ‘dollars in excess’ if he is elected president in October

An Argentine presidential hopeful Mauricio Macri has vowed to eliminate the restrictions on the purchase of foreign currency that the Cristina Fernandez has carried out since 2011, and anticipated there will be ‘dollars in excess’ if he gets elected president in October this year.
Wednesday, March 18th 2015 - 01:58 UTC
Angry 23rd anniversary of 1992 bombing of Israeli embassy in Buenos Aires

Victims' families and survivors of the 1992 terrorist attack against the Israeli Embassy in Buenos Aires City have reiterated their demands for justice on the 23rd anniversary of the bombing, pointing out that those responsible have still not been identified two decades later.
Wednesday, March 18th 2015 - 01:52 UTC
Hundreds of sea lion pups stranded in California as nursing mothers can’t find sufficient food

Animal rescue centers in California are being inundated with stranded, starving sea lion pups, raising the possibility that the facilities could soon be overwhelmed, the federal agency coordinating the rescue said.
Tuesday, March 17th 2015 - 08:06 UTC
Falklands’ HMS Conqueror which sank Belgrano to be exhibited at UK memorial centre

The first British nuclear submarine to fire at Argentine battle cruiser General Belgrano during the Falkland Islands conflict is to be exhibited at a memorial centre, the UK-based Sunday Express reported on Sunday. The HMS Conqueror — known for having contributed to sinking of the Argentine cruiser, at the cost of 323 lives — is due to be allocated in a commemoration to the British fleet used during 1982 South Atlantic conflict.
Tuesday, March 17th 2015 - 07:59 UTC
Treasurer of Brazil’s ruling party formally charged in the Petrobras corruption scandal

Brazilian prosecutors have formally charged the treasurer of the ruling Workers' Party and 26 others with corruption linked to state-run Petrobras, in the latest blow to President Dilma Rousseff from the widening scandal.
Tuesday, March 17th 2015 - 07:39 UTC
Cristina Fernandez manages to split the farmers’ united front after years of confrontation

Argentine president Cristina Fernandez, on the campaign trail ahead of October’s national elections, announced on Monday the creation of a new fund which will reduce by up to 50% the 'retention' taxes on exportation rights paid by small and medium agriculture farmers.
Tuesday, March 17th 2015 - 07:32 UTC
Prince Harry leaves armed forces after a decade of service including tours in Afghanistan

Britain's Prince Harry announced on Monday that he will leave the armed forces after a decade of service that included two tours of duty in Afghanistan. Queen Elizabeth's 30-year-old grandson, the fourth-in-line to the throne, said he would quit the military in June following a four-week secondment with the Australian Defense Force.
Tuesday, March 17th 2015 - 07:23 UTC
Griesa rejects Citigroup petition to allow payment of bonds issued under Argentine law

New York district judge Thomas Griesa has declined a request from the Citigroup bank to allow the entity to process the payment of Argentine bonds under local law while an appeal against the magistrate's negative ruling is being prepared.