Argentina

Thursday, August 22nd 2019 - 16:26 UTC
Argentina will support the Peso with international reserves

Argentina will not allow a chaotic fall in the peso and will use its dollar reserves to bolster the currency against political uncertainty that has swept the country since the Aug. 11 primary election, Treasury Minister Hernan Lacunza said on Wednesday.
Thursday, August 22nd 2019 - 10:58 UTC
Falklands' competition for students criticized by University of Buenos Aires

Argentina's leading tertiary institution and one of Latin America's highest-rated for academic excellence, the University of Buenos Aires, UBA, has again, rejected the announced cultural project, “Why I would like to meet my neighbours from the Falkland Islands”, organized by the disputed Islands' government and the British embassy.
Thursday, August 22nd 2019 - 09:55 UTC
Argentina default “possible”, but not “probable”, says credit rating agency Fitch

Argentina could be downgraded again by Fitch Ratings if further weakness in the Peso boosts the risk of default, the agency’s head of sovereign ratings said in an interview. Argentina has issued billions of dollars worth of bonds denominated in U.S. currency.
Thursday, August 22nd 2019 - 08:09 UTC
Tango championship in Buenos Aires suspends violent Russian participant

A Russian participant in the World Tango Championships in Buenos Aires has been disqualified for violence towards his partner, the organizers said on Wednesday. The incident happened after the duo, a husband and wife, took part in the semi-final of the competition on Tuesday in the Argentine capital.
Wednesday, August 21st 2019 - 09:58 UTC
Argentine presidential candidate Fernandez favors the Mexico/Uruguay position in the Venezuela conflict

Argentine presidential candidate Alberto Fernandez said on Tuesday that if he wins the October election he would join Mexico and Uruguay in promoting dialogue with Venezuelan President Nicolas Maduro.
Wednesday, August 21st 2019 - 09:56 UTC
Stabilizing the Peso, priority of the new Argentina finance minister; markets still unconvinced

Argentina's new finance minister made stabilizing the country's battered currency his top priority on Tuesday, while still pledging to meet commitments made to the International Monetary Fund, which is sending a team to Buenos Aires.
Wednesday, August 21st 2019 - 09:50 UTC
Cristina Kirchner leads call to free ex Brazil president Lula da Silva

Presidential frontrunner Alberto Fernandez and running-mate Cristina Kirchner led calls by dozens of Argentine personalities on Tuesday to free Brazil's jailed leftist icon Luiz Inacio Lula da Silva. Human rights activists, lawmakers, trade unionists, artists and scientists signed a petition published in the left-leaning Pagina 12 daily.
Wednesday, August 21st 2019 - 08:52 UTC
Argentina’s Economic Crisis: Who to blame?

Argentines remember the role the IMF played in the last depression. They also remember the improvement in their lives under Kirchnerism. The following was published by The New York Times.
Tuesday, August 20th 2019 - 09:54 UTC
Alberto Fernández is like a matryoshka doll, “you open it and out pops, Cristina, Lula, Chavez...”

Argentine primary winner, Alberto Fernandez is like the Russian mamushka doll, “you open it and out pops Cristina Fernandez, again you open it and out pops Lula, and again, Hugo Chavez”, said Brazilian foreign minister Ernesto Araújo.
Tuesday, August 20th 2019 - 07:40 UTC
Francis involvement in Argentine politics, is “an idea belonging to science fiction”

A bishop had denied point-blank any involvement of Pope Francis in Argentine politics, following on August 11 presidential primaries, which have quashed President Mauricio Macri's reelection aspirations, increasing opposition candidate Alberto Fernandez chances of taking office next 10 December, while Latin America's third economy was driven into financial chaos as the word default creeps intensely as a possibility in the near future.