Argentina

• Friday, July 10th 2020 - 08:59 UTC

  Two creditor groups not convinced with Argentina's latest offer, but admit it is in the right direction

  

  Argentina’s US$65 billion debt restructuring talks teetered on the edge after two key creditor groups knocked back the country’s latest “final” offer, while the government signaled that there was no room left to improve the terms.

• Thursday, July 9th 2020 - 09:55 UTC

  Argentina with a daily record of Covid-19 cases, 3,604

  

  Argentina posted a daily record of 3,604 confirmed cases of COVID-19 as the country grapples with rising infections that are threatening its early success in stalling the spread of the virus.

• Wednesday, July 8th 2020 - 08:38 UTC

  IMF praises Argentina's latest debt offer to creditors

  

  A spokesperson for the International Monetary Fund said on Tuesday that Argentina’s latest debt offer to its creditors is “an important step” in the restructuring process.

• Tuesday, July 7th 2020 - 10:10 UTC

  An out of plan shock bomb goes off in Cristina Fernandez' backyard

  

  The violent death of a former secretary of Argentine ex-president and currently vice president, Cristina Kirchner, in El Calafate, Santa Cruz province triggered a strong clash between the Argentine government and congressional opposition since there was speculation that Fabian Gutierrez, 48, a potential whistleblower in several corruption cases, had met his destiny to the hands of an alleged Kirchner conspiration.

• Monday, July 6th 2020 - 09:40 UTC

  Argentine journalists reject a new impulse of Cristina Kirchner's harassing habits

  

  Three hundred Argentine journalists have made public a document rejecting claims from Vice-president Cristina Fernandez that several media professionals have colluded in an illicit association to spy on her.

• Monday, July 6th 2020 - 09:35 UTC

  Argentina unveils its “final effort”, with sweeteners, to bondholders and an August 4 deadline

  

  Argentina’s government unveiled an amended debt restructuring proposal on Sunday and set a deadline of Aug. 4 for creditors to accept it, adding some key sweeteners as it looks to defuse recent tensions with bondholders and strike a deal.

• Monday, July 6th 2020 - 09:30 UTC

  Six out of ten children in Argentina live in poverty, UN data

  

  The global pandemic has hammered Argentina's economy, which is now expected to shrink around 12% this year, driving millions into poverty and leaving almost six out of every 10 children and adolescents below the poverty line, United Nations data show.

• Saturday, July 4th 2020 - 08:25 UTC

  Argentine economy expected to contract 12% this year, according to central bank poll

  

  Argentina's economy is expected to contract by 12% in 2020, a monthly central bank poll of analysts showed on Friday, worse than the previous estimate of a 9.4% decline, as output is ravaged by measures to tame the coronavirus outbreak.

• Saturday, July 4th 2020 - 08:02 UTC

  Creditor group tables new offer to Argentina's debt negotiations

  

  One of Argentina's main creditor groups, the Argentina Creditor Committee, confirmed on Friday that it had tabled a new offer to the country's government as part of ongoing debt renegotiations.

• Saturday, July 4th 2020 - 08:00 UTC

  International banks accuse Argentine major soy crusher of “diverting hundreds of millions of dollars” in a US court

  

  Banks owed money by cash-strapped Argentine soy crusher Vicentin are accusing the company of diverting hundreds of millions of dollars and have asked a U.S. court to subpoena records as part of a lawsuit, including wire transfers and bank statements.