Argentina

Friday, June 26th 2020 - 10:20 UTC
Argentina admits “biggest differences” in debt negotiations remain with two main creditor groups

Argentina is still working with its creditors to reach a debt restructuring deal after talks stalled, though there is still a distance to cover in economic and legal terms, Economy Minister Martin Guzman said on Thursday.
Thursday, June 25th 2020 - 12:00 UTC
Expropriation project of Argentine giant soymeal exporter is watered down

Argentina is examining alternatives to the planned expropriation of financially ailing soymeal exporter Vicentin, including a possible private-public partnership, Production Minister Matias Kulfas and other sources revealed on Wednesday.
Wednesday, June 24th 2020 - 11:57 UTC
MSCI warns that the Argentina Index could be removed from the MSCI Emerging Markets Index

MSCI Inc, the world’s largest index provider, warned on Tuesday that the MSCI Argentina Index could be removed from the MSCI Emerging Markets Index should it become harder for foreign investors to access its stock market.
Wednesday, June 24th 2020 - 10:52 UTC
Argentina's economy contracted 5,4% and unemployment reaches 10,4% in first quarter

Argentina's economy contracted 5.4% in the first three months of 2020, the government statistics agency said on Tuesday, the worst quarter in a year as the major grains and oilseeds producer was sideswiped by the impact of the global coronavirus pandemic.
Tuesday, June 23rd 2020 - 05:40 UTC
“We will continue to pursue Malvinas sovereignty in all world forums” pledges president Fernandez

Argentine president Alberto Fernandez has repeatedly said that the “Malvinas question” is a matter of State and his government “will continue to pursue sovereignty over the Malvinas Islands until we recover the territory, which is currently usurped by the United Kingdom”.
Monday, June 22nd 2020 - 10:15 UTC
Florencia Kirchner's “nanny” in Cuba rewarded with Argentine embassy in UK

Javier Figueroa, currently head of the Argentine embassy in Cuba has been appointed as the next ambassador in the United Kingdom, and according to Clarin is an expert on Malvinas affairs. His time in Havana coincided with Cristina Fernandez daughter Florencia Kirchner medical internment, which impeded her from travelling back to Argentina.
Saturday, June 20th 2020 - 10:19 UTC
Argentina extends deadline for bondholders to accept debt deal to July 24

Argentina extended a deadline for bondholders to accept a debt restructuring proposal for the fifth time as creditors blamed the government for “walking away” from talks.
Friday, June 19th 2020 - 12:49 UTC
Argentina seems headed for a debt agreement with only some of its bondholders

Argentina’s debt markets were rattled on Thursday after bond restructuring talks with creditors appeared to stall, pushing the country’s risk spread up sharply over safe-haven U.S. Treasuries, a sign of investors growing cautious.
Thursday, June 18th 2020 - 23:10 UTC
Macri's Falklands policy and the Foradori/Duncan pact were “shameful”

President Mauricio Macri's Malvinas question policy was “shameful” and the three bills sent to Congress to reaffirm Argentina State Malvinas claim policy, represent a drastic change in the “de-Malvinization process” of the last four years, explained Guillermo Justo Chavez, head of the foreign minister Felipe Solá's cabinet.
Thursday, June 18th 2020 - 23:00 UTC
LATAM Argentina announces options for purchased ticket holders

LATAM Airlines Group informs that LATAM Airlines Argentina announced on Wednesday that it will cease passenger and cargo operations for an indefinite period. The announcement is a result of current market conditions, exacerbated by the impact of the COVID-19 pandemic and the difficulty of building structural agreements with local industry actors, which has made it impossible to foresee a viable and sustainable long-term project.