Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 24th 2025 - 17:25 UTC

Argentina

  • Monday, May 2nd 2016 - 07:54 UTC

    Argentine needs US$ 37bn to address the budget deficit and foreign debt payments

    The government will “very soon” issue a new Treasury note to capture dollars that are being stored “under the mattress”, Finance Secretary Luis Caputo said.

    Argentina will issue a fresh round of dollar-denominated debt notes worth an estimated US$8 billion in the next few days, top officials from the Finance Ministry confirmed. The government will “very soon” issue a new Treasury note to capture dollars that are being stored “under the mattress” in a process that will kick off with a meeting with bankers, Finance Secretary Luis Caputo said.The Argentine government hopes to bring in US$5 billion through the issuance.

  • Saturday, April 30th 2016 - 13:52 UTC

    South Atlantic poacher Hua Li 8, arrested by Indonesian for illegal fishing

    On January 29, the Chinese flagged Hua Li 8 was detected fishing within the EEZ of Argentina, but managed to escape

    Almost two months of efforts coordinated by Interpol with the cooperation of seven countries on four continents, the Indonesian Armed Forces arrested one of the most wanted poaching fishing vessels. On January 29, the Chinese flagged Hua Li 8 was detected fishing within the EEZ of Argentina, which triggered an immediate operation to arrest the vessel. But despite the display of patrol vessels and aircrafts, and warning shots, the vessel managed to escape.

  • Saturday, April 30th 2016 - 12:41 UTC

    British Supreme Court Justice gives a lecture in Buenos Aires on the Carta Magna

    Lord Carnwath gave a lecture on the 1215 Magna Carta of the United Kingdom, that involved the debate over key human rights aspects.

    Visiting British Supreme Court Justice Lord Robert Carnwath gave a lecture for the United Kingdom Course of the University of San Andres, in Buenos Aires. Among important participants to the event were the President of Argentina’s maximum tribunal, Ricardo Lorenzetti, as well as magistrates, prosecutors and renowned law experts.

  • Saturday, April 30th 2016 - 12:12 UTC

    Argentine unions take to the streets to protest job cuts and inflation

    ”This is a historic gathering ... We understand that the interests of the workers come before the interests of the union leaders,” said Hugo Moyano

    Argentina’s strongest unions brought thousands of people into the streets Friday to protest high inflation and job cuts in the biggest demonstrations against President Mauricio Macri since he took office in December. Demonstrators waving blue and white Argentine flags flooded the main avenues of Buenos Aires, blocking traffic in a protest that brought together rival unions that put aside differences to protest Macri’s policies.

  • Saturday, April 30th 2016 - 11:45 UTC

    YPF will fight back legal claim seeking US$ 500 million for rescinding contracts

    YPF said it was notified that it must pay damages of US$184.5 million to Brazilian electric utility AES and US$319.1 million to Transportadora de Gas del Mercosur

    Argentina's state-run energy company YPF said this week it will fight a legal claim seek more than US$500 million in damages for rescinding natural gas export contracts in 2009. “YPF shall use all its legal resources to defend its interests and those of its shareholders,” the company said in a filing with the Buenos Aires Stock Exchange.

  • Saturday, April 30th 2016 - 11:10 UTC

    Sea elephant sighted in the Uruguay River, some 200kms north of the River Plate

    Apparently it's the same sea mammal sighted a few days ago, further south, in Mercedes, Uruguay, which has also seen its coastline flooded.

    A sea elephant has been sighted in the shores of Gualeguaychu, next to the River Uruguay, deep in the Argentine heartland province of Entre Ríos, which together with the opposite coast in neighboring Uruguay has suffered uncommon high floods that have left part of several cities covered in water.

  • Saturday, April 30th 2016 - 10:57 UTC

    A natural size bronze statue of Kirchner found during Argentine prosecutors raids in Santa Cruz

    The statue was discovered by the Argentine Federal Police in one of several warehouses in Rio Gallegos, where Baez kept his fleet of expensive luxury cars.

    The mega judicial raids in Argentina into the properties of arrested Kirchnerite businessman Lazaro Baez and his family, in the southern province of Santa Cruz, so far have found less cash than rumored but far more assets that expected, including some surprises such as a full size bronze statue of former president Nestor Kirchner.

  • Friday, April 29th 2016 - 06:08 UTC

    IMF praises Argentina's new focus despite an expected contraction of 1% this year

    “The new policy framework, however, has improved the medium-term outlook, with GDP growth expected to rebound to about 2,75% in 2017,” the paper said.

    Argentina's GDP is expected to contract by about 1% in 2016, according to the latest IMF Regional Economic Outlook; Western Hemisphere, announced on Wednesday in Mexico. The chapter on Argentina makes a special mention of the new government's changes to remove macroeconomic imbalances.

  • Friday, April 29th 2016 - 05:44 UTC

    Mercosur unmoved by Rousseff''s invocation of the “democratic clause”

    Argentina said it is most respectful of the Brazilian constitutional process

    “We respect the Brazilian constitutional process” and thus Argentina does not have plans to follow on president Dilma Rousseff announcement that she will appeal to Mercosur to implement the “democratic clause” if the impeachment process to remove the head of state from office advances in the country's Senate.

  • Thursday, April 28th 2016 - 12:05 UTC

    China plans to track moon spacecrafts from its station in Argentine Patagonia

    The Quintuco station is expected to become active in March in 2017 and next June the main antenna will begin to be assembled

    In March next year, China's space and satellite tracking station in Quintuco, Argentine Patagonia will become operational, according to members from China's Space Agency, CLTC, who advanced that in June scientists will be mounting the station's antenna to explore outer space.