Argentina

• Saturday, August 18th 2018 - 07:00 UTC

  Macri anticipates more Argentines will fall into poverty this year

  

  More Argentines are likely living in poverty now compared with last year, President Mauricio Macri said on Friday, as the country's economy slides toward recession following a currency crisis and a severe drought that harmed farm output.

• Friday, August 17th 2018 - 11:01 UTC

  Argentina offering reward for the recovery of assets from corruption scheme

  

  Argentina is offering a reward for information leading to the recovery of money from a case in which former President Cristina Fernandez is accused of leading a corruption scheme involving officials and business leaders.

• Friday, August 17th 2018 - 08:58 UTC

  Argentina struggling to tame markets and inflation; talks for a currency swap with China

  

  Argentina’s central bank said on Thursday it hiked reserve requirements by 3 percentage points for the country’s largest banks, as it tries to keep its plan for reducing short-term debt from adding to already high inflation.

• Thursday, August 16th 2018 - 09:36 UTC

  US Defense secretary pledges closer ties with Argentina; condemns China's “predatory economics”

  

  United States Defense Secretary Jim Mattis on Wednesday pledged closer defense cooperation with Argentina. Standing beside his Argentine counterpart, Oscar Aguad, Mattis said the military partnership can be strengthened and alluded to the help the U.S. Navy provided Argentina last November when one of its submarines went missing with 44 sailors aboard.

• Wednesday, August 15th 2018 - 08:52 UTC

  Argentine Senate honors participants of the Darwin military cemetery identification process

  

  In a solemn ceremony on Tuesday the Argentine Senate distinguished the several participants in the recent identification process of the combatants buried in the Argentine military cemetery in Darwin.

• Wednesday, August 15th 2018 - 07:11 UTC

  Argentine Peso stabilizes, country risk falls and stock market rebounds

  

  The Argentine peso climbed on Tuesday after the Central bank implemented a raft of measures to stabilize the volatile currency on Monday, including increasing the benchmark interest rate to 45% from 40% previously, and announcing it was offering markets US$ 500 million.

• Wednesday, August 15th 2018 - 07:03 UTC

  Argentina: tax cuts on soy meal and soy oil exports suspended six months

  

  Argentina has suspended for six months its program of gradually cutting taxes on exports of soymeal and soyoil, the Treasury Ministry said in a statement on Tuesday, part of the government’s fiscal tightening program. International shipments of both soy products are currently taxed at 23%, lowered gradually from 32% in 2015, the statement said.

• Tuesday, August 14th 2018 - 07:25 UTC

  Pentagon chief in Brazil and Argentina to strengthen bilateral relations

  

  United States Defense Secretary James N. Mattis and Foreign Minister Aloysio Nunes of Brazil met on Monday at the Itamaraty Palace in Brazil to reaffirm the long-standing bilateral relationship between their nations, chief Pentagon spokesperson Dana W. White said.

• Tuesday, August 14th 2018 - 06:50 UTC

  Argentina pledges US$ 500 million on Tuesday to stabilize the forex market

  

  Argentina's peso hit an all-time low on Monday as Latin American currencies sank amid a broader sell-off in emerging markets that have been rattled by the Turkish lira's plunge.

• Tuesday, August 14th 2018 - 06:31 UTC

  Argentine ex president accompanied to court by close associates of the Pope

  

  Argentine ex president Cristina Fernandez over the weekend called on her followers not to accompany her on Monday when she attended the Court House to testify before Judge Claudio Bonadío in reference to the so called “K corruption notebooks”.